Money

By Chris Isidore, Gregory Wallace and Pete Muntean, CNN New York (CNN) — A new problem has been found during the production of 737 Max jets that will force Boeing to rework about 50 planes that have not yet been delivered. The problem was disclosed in a memo sent to Boeing (BA) employees Sunday by

By Nicole Goodkind, CNN New York (CNN) — Federal Reserve Chair Jerome Powell said the time is coming for interest rate cuts, but asked Americans for a bit more patience in the central bank’s fight against inflation. The US economy is strong and the central bank will likely lower later interest rates later this year,

By Nathaniel Meyersohn, CNN New York (CNN) — Across the country, ticket prices have surged, making it impossible for many to afford to go see their favorite team play without spending a fortune. (And don’t even ask about Super Bowl tickets, which will be the most expensive on record. Hint: $9,000+) The price of tickets

By Ashley R. Williams, CNN (CNN) — Five numbers on one lucky Powerball ticket won $1 million for a Kentucky middle school’s lottery pool of 30 current and former employees, the Kentucky Lottery says. The Boone County counselors, administrative staff members, special education teachers and others who pooled their money over the past eight years

By Eva Rothenberg, CNN New York (CNN) — On February 4, 2004, a Harvard University undergrad named Mark Zuckerberg introduced TheFacebook.com, a social networking site for his fellow students. Twenty years after its launch, social media giant Facebook continues to show unprecedented staying power after burying early competitors like MySpace and Friendster and establishing a

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