Money

By Allison Morrow, CNN New York (CNN) — Bitcoin rose to $50,000 Monday for the first time in two years, fueled by a rush of new-investor enthusiasm and growing anticipation over a cryptic-sounding event known as “the halving.” Bitcoin, the world’s most popular cryptocurrency, dipped back into the high 40s on Tuesday, snapping seven straight

By Chris Isidore, CNN New York (CNN) — Steve Maller, a flight attendant for nearly 20 years, was one of the flight attendants on the Alaska Airlines flight 1282 when a door plug blew out. With the plane at 16,000 feet, the air pressure in the cabin plunged. Clothing and phones ripped from terrified passengers

By Hanna Ziady, CNN London (CNN) — Tui, one of the world’s largest travel agencies, will leave the London Stock Exchange in June — the latest blow to the British capital’s longstanding reputation as the undisputed leader of Europe’s stock markets. Shareholders in the German company, which is dual-listed in London and Frankfurt, voted Tuesday

By Liam Reilly and Oliver Darcy, CNN (CNN) — Paramount Global, the owner of broadcast and cable TV networks, announced Tuesday it will lay off hundreds of staffers as the media giant looks to reduce costs and grow revenue. The news comes just days after its CBS network saw record-breaking advertising sales and the highest-rated telecast for the

By Elisabeth Buchwald, CNN New York (CNN) — If you’ve opted to cook a romantic meal at home with your partner this Valentine’s Day — no matter how it comes out — know that you’re saving a decent amount of money compared to couples dining out. Even excluding pricey Valentine’s Day menus, it’s becoming increasingly

By Jordan Valinsky, CNN New York (CNN) — For the first time in Major League Baseball history, a woman will be the primary play-by-play voice of a major team. NBC Sports California said Tuesday it has chosen Jenny Cavnar, a broadcasting veteran with nearly two decades of baseball experience, for the prestigious role. She will

By Chris Isidore, CNN New York (CNN) — Boeing, hit by quality concerns following the incident with a door plug blowout on an Alaska Airlines flight early last month, reported that January was its worst month for new airplane orders since the height of the pandemic. The company announced Tuesday that it booked orders for

By Krystal Hur, CNN New York (CNN) — Stocks took a dive Tuesday after a key inflation report revealed stubborn price increases, raising concerns on Wall Street that the Federal Reserve will keep rates higher for longer than anticipated. The Dow Jones Industrial Average slid 525 points, or 1.4%, on Tuesday, its largest single-day drop

CNN By Nathaniel Meyersohn, CNN New York (CNN) — The Federal Trade Commission on Monday sued to block the $25 billion deal between Kroger and Albertsons, alleging the largest supermarket merger in US history would lead to higher prices, store closures and job losses. The merger, announced in 2022, sought to combine the fifth and

By Parija Kavilanz, CNN New York (CNN) — With Valentine’s Day fast approaching, stores are relying on procrastinating romantics to make a last-minute dash in stores and online to help clear out the supply of the special-occasion candy. If you’re among them, don’t be fooled by the smorgasbord of cutely packaged candy adorned with hearts

By Brian Fung, CNN Washington (CNN) — A federal judge has temporarily blocked an Ohio law seeking to regulate kids’ access to social media platforms, saying that the law is likely unconstitutional. Monday’s order by District Judge Algenon Marbley reiterates what Marbley said last month when he issued an emergency order halting the Ohio law from going

By Chris Isidore, CNN New York (CNN) — JetBlue’s stock soared more than 14% in premarket trading Tuesday after financier Carl Icahn disclosed late Monday that he had taken a 9.9% stake in the company. Icahn paid an average of $3.56 a share for his 33.6 million shares of the stock, according to the filing.

By Alicia Wallace, CNN New York (CNN) — Price hikes eased off less than expected in January, but still offered a hint of relief for Americans who have suffered through some of the steepest price hikes in four decades. The first measure of inflation for 2024, the Consumer Price Index, showed that prices rose by

By Jeanne Sahadi, CNN New York (CNN) — World events, work problems, illness, financial issues — there are plenty of unhappy stressors that can harm an employee’s mental health. “People are coming (into work) with a lot more than what is on their to-do list. Those stresses can affect how they’re feeling and how they perform

By Anna Cooban, CNN London (CNN) — Thousands of drivers for ride hailing services and food delivery riders in the United States and United Kingdom are due to strike on Valentine’s Day in disputes over pay and working conditions. In America, campaign group Justice for App Workers said in a blog post last week that

By Samantha Murphy Kelly, CNN (CNN) — Teens are more protected on social media sites in many other parts of the world than they are in the US, from what they see to the data that’s collected about them. In the US, federal legislation around these issues often moves slowly. In contrast, the European Union

By Samantha Delouya, CNN Los Angeles (CNN) — Tiger Woods has found a new look after splitting up with Nike, his longtime partner, last month. On Monday, Woods announced that he would be partnering with Taylormade to launch a new apparel brand — Sun Day Red. The announcement was made at a press conference in

By Elisabeth Buchwald, CNN New York (CNN) — Bumpy and slow is how a top Federal Reserve official sees inflation’s trajectory this year. Translation: Don’t get your hopes up for rate cuts in the next few months. Atlanta Fed President Raphael Bostic, who is voting on the Federal Open Market Committee’s policy decisions this year,