Money

By Michelle Toh, CNN Global air traffic will boom this year, returning to pre-pandemic levels in June, according to a new report. On Monday, international aircraft leasing company Avolon said it expected a full recovery in passenger traffic over the coming months, led by the reopening of markets in Asia, especially China. Andy Cronin, the

By Laura He, CNN A number of regional governments in China have revealed the enormous sums they’ve spent on fighting the pandemic, reinforcing a previous state media report suggesting that mounting costs were a key reason why the country abruptly abandoned its zero-Covid policy. On January 8, when China reopened its borders and formally downgraded

By Jackie Wattles, CNN SpaceX’s Falcon Heavy rocket, the towering launch vehicle known for its boosters’ aerial acrobatics and synchronized landings when returning to Earth, took to the skies Sunday, delivering national security payloads to orbit for the US military. The mission, called USSF-67, took off at 5:56 p.m. ET from Kennedy Space Center in

By Julia Horowitz, CNN Grain is once again leaving Ukrainian ports. The price of fertilizer is falling sharply. Billions of dollars in aid has been mobilized. Yet the world is still in the grips of the worst food crisis in modern history, as Russia’s war in Ukraine shakes global agricultural systems already grappling with the

By Ramishah Maruf, CNN Martin Luther King Jr. Day celebrates the birthday of civil rights leader the Rev. Martin Luther King Jr., who won the Nobel Peace Prize in 1964. He was assassinated four years later. This year, the holiday falls on Monday, January 16. It’s a federal holiday, which means government agencies, banks and

By Nicole Goodkind, CNN To everything there is a season and now is the time for earnings. Over the past few weeks investors have been squarely focused on inflation and Fed policy, but now market reactions are getting bigger for earnings (especially the misses) and smaller for economic data. What’s happening: “We expect earnings to

By Ramishah Maruf, CNN First, it was disposable cameras. Then it was low-rise jeans. Now, Gen-Z’s latest “vintage” obsession is the flip phone — that mid-1990s era phone that has suddenly become oh so popular with millennials. Today, these smaller, lightweight devices — some available for as little as $20 at big box retailers like

By Emmy Abbassi, CNN Tired of going on awkward first dates? Maybe some cash will incentivize you. Shane Co. is offering to pay one reluctant romantic $1,500 to go on 15 first dates and document it for the jewelry company. “We know it takes a lot of courage to put your heart on the line

By Kyle Feldscher, CNN Professional wrestling is known for its outlandish, dramatic stories that have captivated generations. It’s an athletic soap opera built on emotional drama with wrestlers sometimes scheming in the background for months only to make their move at the opportune moment, drawing crazed reactions from arenas packed with fans who have followed

By Nathaniel Meyersohn, CNN If you want to earn rewards points at Best Buy, you’ll have to take out a Best Buy credit card to be able to redeem them. Some customers hate the idea. The company’s free “My Best Buy” program has for years offered members points on purchases they can accrue to earn

By Matt Egan From rent and groceries to utilities, families are paying a lot more every month as they try to keep up with inflation. And while inflation has cooled in recent months, the typical household spent $371 more on good and services in December than a year ago, according to Moody’s Analytics. The good

By Tara Subramaniam and Vedika Sud, CNN For years, residents in the northern Indian city of Joshimath have complained to local officials that their homes are sinking. Now authorities are being forced to take action, evacuating nearly 100 families in the last week and expediting the arrival of experts to determine the cause. Cracks running