Money

By Peter Valdes-Dapena, CNN Irvine, California (CNN) — Automakers like Lamborghini, Ferrari, Bentley and Rolls-Royce have been doing well as, regardless of whatever is happening in the wider world’s economy, the ranks of the ultra-wealthy grow and become richer. Lamborghini sold more than 10,000 vehicles last year for the first time ever and Ferrari had

By Clare Duffy, CNN New York (CNN) — Wednesday’s online youth safety hearing with some of the world’s leading social media CEOs was unlike the many that came before it in recent years. But it wasn’t because of anything the executives said. Instead, it was the families sitting behind them — many holding photos of

By Catherine Thorbecke, CNN (CNN) — In the spring of 2015, homemaking expert Martha Stewart was giving Justin Bieber some dating advice. While participating in a “roast” of the millennial popstar for a Comedy Central special, Stewart recommended that he find a partner who is “a player in the boardroom and a freak in the

By Bryan Mena, CNN Washington, DC (CNN) — Americans are living through the toughest housing market in a generation and, for some young people, the quintessential dream of owning a home is slipping away. Mortgage rates surged in recent years, hitting the highest levels in more than two decades last fall. While rates have come down slightly

By Nicole Goodkind, CNN New York (CNN) — Nearly 65,000 football fans (some hoping to catch a glimpse of Taylor Swift) will soon descend upon Allegiant Stadium in Las Vegas to attend the most-viewed American sporting event of the year. Between the hot dogs, the beers and probably during Usher’s greatest hits, the Super Bowl

By Ramishah Maruf, CNN New York (CNN) — As with many Target trips, Nevada US history teacher Tierra Espy left the store with more items than she intended to buy on Sunday. She added a magnetic activity book about iconic Civil Rights leaders to her cart, in time for Black History Month, she told CNN

By Nicole Goodkind, CNN New York (CNN) — Just three years ago, DNA testing company 23andMe was the golden child of Wall Street and Silicon Valley. Today, the firm is at risk of being delisted from the Nasdaq. But 23andMe’s CEO, Anne Wojcicki, tells CNN that Wall Street shouldn’t count her out yet. Despite the

By Krystal Hur, CNN New York (CNN) — US stocks rose on Friday as investors continued to parse strong tech earnings and a searing jobs report. The Dow rose 135 points, or 0.4%. The S&P 500 gained 1.1% and the Nasdaq Composite climbed 1.7%. All three major indexes ended the week higher. The US economy

By Catherine Thorbecke, CNN (CNN) — Amazon founder Jeff Bezos plans to sell up to 50 million shares of Amazon stock over the next year, according to a regulatory filing posted on Friday. Those shares would be worth nearly $8.6 billion at the stock’s current price. Bezos’ planned stock sale was included in Amazon’s annual

By Ramishah Maruf, CNN New York (CNN) — Spotify announced a new multiyear partnership deal with podcaster Joe Rogan. His hit podcast will no longer be exclusive to the audio app and instead now be distributed to a variety of platforms, the streamer announced Friday. “The Joe Rogan Experience” had been Spotify’s last exclusive podcast,

By Eva Rothenberg, CNN New York (CNN) — Mark Zuckerberg’s net worth increased by more than $28 billion between your morning coffee and your lunch break. The Meta founder and CEO — who is already worth more than $140 billion, according to Bloomberg’s billionaire index — has cleaned up from Meta’s share price skyrocketing over

CNN By Alicia Wallace, CNN New York (CNN) — The US economy added a stunning 353,000 jobs last month, according to Bureau of Labor Statistics data released Friday, registering a stronger-than-expected gain to kick off 2024 and underscoring the resilience of the US economy in an election year. The unemployment rate remained at 3.7% from the month

By David Goldman, and Alexandra Ross, CNN New York (CNN) — Former President Donald Trump said that if he is reelected, he would not reappoint Federal Reserve Chair Jerome Powell, accusing Powell of considering rate cuts to give Democrats an advantage in the 2024 elections. “It looks to me like he’s trying to lower interest

CNN By Anna Cooban, CNN London (CNN) — Chinese stocks have had a very bad week. Despite recent attempts by Beijing to shore up confidence in the economy and stem a protracted stock market slump that has wiped out $6 trillion in value in three years, investors are still rushing for the exit. The Shanghai

CNN By Samantha Murphy Kelly, CNN (CNN) — The Vision Pro, Apple’s first new product in seven years, officially launched in stores on Friday in the US. The mixed reality headset went on sale at Apple Stores across the country as some eager shoppers were among the first to get their hands on what promises

By Elisabeth Buchwald, CNN New York (CNN) — On Wednesday, the Federal Reserve ditched a line it used in every meeting statement since three banks failed last spring, which said that the “US banking system is sound and resilient.” Coincidentally, though, more people were wondering that day if the banking system was indeed sound and

By Chris Isidore, CNN New York (CNN) — Tesla is recalling 2.2 million of its vehicles on US roads because the font size of the warning lights on its display is too small, according to federal safety regulators. The recall was announced by the National Highway Traffic Safety Administration, which said it discovered the problem

By Samantha Murphy Kelly, CNN (CNN) — The Vision Pro, Apple’s first new product in seven years, officially launched in stores on Friday in the US. The mixed reality headset went on sale at Apple Stores across the country as some eager shoppers were among the first to get their hands on what promises to