Money

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

By Peter Valdes-Dapena, CNN America’s major automakers are getting back into Formula 1 racing. Following General Motors’ recent announcement that it’s applying, along with Andretti Global, to field a team in the prestigious racing series, Ford has now announced that it’s getting back into the sport to help build engines. While GM’s plan requires approval

By Olesya Dmitracova, CNN One of Gautam Adani’s biggest international partners, TotalEnergies, said Friday that his Indian conglomerate is preparing to appoint a global accounting firm to conduct a “general audit” of its business. In a statement detailing what it described as its “limited” exposure of $3 billion to Adani Group businesses, the French company

By Alicia Wallace, CNN The US economy added an astonishing 517,000 jobs in January, showing that the labor market isn’t ready to cool down just yet. The unemployment rate fell to 3.4% from 3.5%, hitting a level not seen since May 1969 — two months before Neil Armstrong stepped on the moon — according to

By Diksha Madhok and Olesya Dmitracova, CNN Shares in most Adani Group companies slumped again Friday and India’s parliament was adjourned amid chaotic scenes as the mayhem surrounding one of the country’s biggest industrial conglomerates deepened. The ports-to-power empire, created by Gautam Adani, has been reeling since a US short seller, Hindenburg Research, accused it

By Michelle Toh and Wayne Chang, CNN China will fully reopen borders with its special administrative regions of Hong Kong and Macao next week, in what is expected to be a major boost for the economies of the two cities. From Monday, travelers entering mainland China from Hong Kong or Macao will no longer need

By Oliver Darcy, CNN CNN correspondent Frederik Pleitgen and his team were traveling on Thursday to the Ukrainian city of Kramatorsk to report on the search and rescue efforts underway after a residential building was leveled overnight by a Russian missile. It was “supposed to be a fairly easy shoot,” Pleitgen said, given that the

By Laura Paddison, CNN Activists from the campaign group Greenpeace have boarded a ship in the Atlantic Ocean and scaled a Shell oil platform that is currently being transported to the North Sea. “Stop drilling. Start paying,” the activists’ banners say. The protest comes as the oil giant on Thursday announced record annual profits of