By Jack Guy, CNN Business One of Apple’s first computers is up for auction and it could sell for as much as $600,000. The Apple-1 that is going under the hammer on Tuesday is one of the few surviving examples of Apple’s first computer in the world, according to John Moran Auctioneers. The lot includes
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By Michelle Toh, CNN Business Troubles in China’s vast real estate sector could spill over to the global economy — including the United States, according to the Federal Reserve. The US central bank warned Monday that China’s ongoing property woes could elevate “financial stresses in China, [which] could further strain global financial markets and negatively
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By Jackie Wattles, CNN Business Four astronauts splashed down off the coast of Florida aboard their SpaceX Crew Dragon capsule, capping off their six-month stay in space. Their journey kicked off Monday just after 2 pm ET when the astronauts strapped into the Crew Dragon capsule, which had remained attached to the International Space Station
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By Matt Egan, CNN Business Nearly a dozen Senate Democrats called on President Joe Biden on Monday to fight high gas prices by considering a release of barrels from the nation’s emergency oil stockpile, or even taking the more extreme step of banning oil exports. In the letter, Senators Elizabeth Warren, Sherrod Brown, Jack Reed
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By Rob McLean, CNN Business Two cryptocurrencies have hit new milestones. Bitcoin hit an all-time high of $68,530.34 early Tuesday, according to CoinMarketCap. That’s just a few weeks after it hit a previous high of nearly $67,000 before sliding as much as 12%. Meanwhile, Ethereum also hit a record — rising to $4,837.59, according to
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By Jeanne Sahadi, CNN Business Maybe you have a natural affinity for making and managing money. Or maybe you’re just trying not to make a hash of it. Either way, someone at some point in your life likely dropped a pearl of wisdom in your lap that has made your financial life better than it
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By Matt Egan, CNN Business Robinhood said Monday it was hit by a data breach earlier this month that exposed information on millions of customers and that hackers later demanded an extortion payment. The trading platform said in a statement that the November 3 attack allowed the unauthorized party to obtain a list of email
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By Noah Sheidlower and Radhika Marya, CNN In 2006, before the advent of augmented reality games like Pokémon GO, artist Mary Flanagan wanted to find a way to get random people to play a game together. Her solution? Create a 9-foot-tall video game joystick — which made it into the Guinness World Records 2022 as
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By Sherry Liang, CNN First came the billionaires, then the movie stars — now ketchup is making its mark on the space race. Heinz revealed its first “Marz Edition” ketchup with tomatoes produced on Earth in Mars-like conditions. A team of 14 astrobiologists worked for nine months at the Aldrin Space Institute at the Florida
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By Anneken Tappe, CNN Business The US jobs recovery finally picked up steam again in October, but not everyone is benefiting: Many women who were forced to drop out of the labor force during the pandemic are still on the sidelines. How to get them back could be a question on lawmakers’ minds for years
Continue Reading By Jackie Wattles, CNN Business Four astronauts splashed down off the coast of Florida aboard their SpaceX Crew Dragon capsule, capping off their six-month stay in space. Their journey kicked off Monday just after 2 pm ET when the astronauts strapped into the Crew Dragon capsule, which had remained attached to the International Space Station
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By Chris Isidore, CNN Business If and when Elon Musk sells a large chunk of his Tesla shares, it’ll probably have relatively little to do with a Twitter poll among his loyal followers — and everything to do with a looming multi-billion-dollar tax bill. Musk published a Twitter poll over the weekend, noting that because
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By Jeanne Sahadi, CNN Business The idea of making money on the side from owning a rental property can be very appealing, especially if you view the venture as a possible way to quit your day job eventually or subsidize your income when you retire. But becoming a landlord is not for the faint of
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By Julia Horowitz, CNN Business US President Joe Biden faces growing pressure to intervene in oil markets as Americans pay higher prices at the pump. But given the dynamics at play, is there really anything productive he can do? What’s happening: Nearly a dozen Senate Democrats called on Biden on Monday to fight rising gas
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By Julia Horowitz, CNN Business French oil giant Total made waves early this year when it broke with the American Petroleum Institute, the largest and most powerful oil lobby in the United States, because of its stance on climate issues. BP’s pledge to slash oil production by 40% this decade has put it ahead of
Continue Reading By Matt Egan, CNN Business Nearly a dozen Senate Democrats called on President Joe Biden on Monday to fight high gas prices by considering a release of barrels from the nation’s emergency oil stockpile, or even taking the more extreme step of banning oil exports. In the letter, Senators Elizabeth Warren, Sherrod Brown, Jack Reed
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By Paul R. La Monica, CNN Business The individual investor army on Reddit that helped push GameStop and AMC to unprecedented heights earlier this year has found some more companies to rally around. Several stocks that have enjoyed extraordinary pops lately, such as Avis Budget and Bed Bath & Beyond, have become so-called meme stocks
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By Matt Egan, CNN Business Randal Quarles, previously the top Federal Reserve official overseeing Wall Street, announced plans Monday to resign in December. The news creates another vacancy at the Fed, giving President Joe Biden further room to reshape one of the most powerful institutions in the world. In a letter to Biden, Quarles cited
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By Matt Egan, CNN Business Sticker shock is causing anxiety for millions of Americans right now, with prices soaring for gasoline, groceries and used cars. Unfortunately, it’s going to take longer than expected to work out the supply-demand imbalances at the heart of inflation, Goldman Sachs warned clients Sunday night. “The inflation overshoot will likely
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By Danielle Wiener-Bronner, CNN Business DoorDash customers can now get national shipping from Carbone, Katz’s Deli and other restaurants across the country. Here’s how it works: DoorDash and Caviar users will see a “Nationwide Shipping” carousel in their apps. Once they click through, they can select what they want from participating restaurants. They can then
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