Money

By Diksha Madhok, CNN Indian billionaire Gautam Adani is repaying some debt early as he scrambles to end a rout in shares of his embattled conglomerate that entered a third week on Monday. In a statement on Monday, the Adani Group said its promoters, or controlling shareholders, will be paying back loans worth $1.11 billion

By Jeanne Sahadi, CNN If you think news that inflation is easing means you’re not going to get hit with any more higher prices, think again. At least, that is, if you’re paying for car insurance. There’s a very good chance your premiums this year will go up … by a lot. The average cost

By Paul R. La Monica, CNN Meme stock mania was supposed to be over, right? Guess what: It’s not. Sure, the entire market did well in January. But many of the Reddit/WallStreetBets darlings of two years ago were particularly strong performers. Shares of movie theater chain AMC have soared nearly 65% so far in 2023,

By Zoe Sottile, CNN Love is in the air — and it smells like Cracker Barrel. The restaurant chain has announced a romantic new venture for Valentine’s Day. Five lucky couples will have the chance to win free Cracker Barrel for a year, according to its website. Here’s the catch: To have a shot at

By Pete Muntean, CNN A FedEx cargo plane trying to land at an Austin, Texas, airport had to change course Saturday to avoid a potential collision with a Southwest Airlines jet that was taking off from the same runway, officials said. The National Transportation Safety Board said it’s investigating “a possible runway incursion and overflight”

By Chris Isidore, CNN Ford showed this week that it’s not going to be as easy for traditional automakers to catch Tesla in the race to build the better electric vehicle, despite what Tesla’s doubters think. Ford CEO Jim Farley was rather blunt about the problems that Ford experienced as it rolled out its hot

By Allison Morrow, CNN Super Bowl LVI was the crypto world’s coming out party. Buzzy firms made bold pitches last year, and shelled out millions of dollars on ads encouraging viewers not to be afraid of this new-fangled digital investment — and for God’s sake don’t miss out on this exciting opportunity! You can expect a

By Julia Horowitz, CNN Less than two weeks ago, Gautam Adani was the fourth-richest person in the world. With a personal fortune estimated at $120 billion, the self-made Indian industrialist was wealthier than either Bill Gates or Warren Buffett. Then Hindenburg Research, an American short seller with bets against Adani’s companies, accused him of pulling

By Allison Morrow, CNN America’s job market demonstrated its stunning resilience Friday, besting expectations by a factor of nearly three and making all those recession forecasts look pretty silly. Earlier this week, the consensus estimate among economists was that the US economy likely added about 185,000 jobs in January. That would have been a solid