Money

By Allison Morrow, CNN Business Nearly a year ago, a bunch of day traders from the fringes of the internet figured out how to beat Wall Street at its own game. Or so they thought. Around mid-January, shares of GameStop — a brick-and-mortar retailer that most analysts expected to go the way of Blockbuster —

By Julia Horowitz, Salma Abdelaziz and Li-Lian Ahlskog Hou, CNN Growing up in Finland, Iida Ruishalme had a deep affinity for nature — particularly the forest, where she loved to go trekking with her dogs. Now, she’s worried that her daughters won’t experience such idyllic days as the climate crisis accelerates. So last month, she

By Frank Pallotta, CNN Business “Saturday Night Live” wasn’t exactly live from New York on Saturday night. The NBC variety show opened with Tom Hanks greeting a nearly empty studio since the show went without a live audience because of the recent rise in Covid-19 cases. “Tonight everyone at ‘Saturday Night Live’ planned to do

By Frank Pallotta, CNN Business The show went on for “Saturday Night Live” Saturday, but without its usual studio audience and its musical guest. The NBC variety show said late Saturday afternoon it would not have a live audience in the studio because of the recent rise in Covid-19 cases. “Due to the recent spike

By Frank Pallotta, CNN Business Look out, box office records. Here comes Spider-Man. “Spider-Man: No Way Home,” the latest movie in the Marvel series, notched a massive opening day at the domestic box office Friday by bringing in $121.5 million, according to its studio, Sony. That is the second highest opening day in box office

By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. One of the more insidious myths making the rounds this year was that young people didn’t want to work because they were getting by just fine

by Ramishah Maruf, CNN Business This year hackers have unleashed cyberattacks against pipelines, ferry boats, meat packers, even police departments. And now they’ve come for the cream cheese. In October, a cyberattack against the largest US cheese manufacturer contributed to a nationwide cream cheese shortage shortly before the holidays, Bloomberg News reported, endangering holiday treats

Opinion by Bill Carter for CNN Business Perspectives I confess to being old enough to have watched the premiere of “Saturday Night Live” in 1975. It was, from the start, exciting, ground-breaking television. Since then, I have seen the majority of episodes. Not all of them, of course, because like most “SNL” viewers, I have

By Nathaniel Meyersohn, CNN Business Higher prices for gas and groceries are taking a toll on Jen Kendra’s finances, and she’s had to make some difficult tradeoffs this holiday season. Her kids will be getting smaller gifts. The rest of the family won’t get any at all. Kendra, who lives with her husband and two

By Pete Muntean, CNN Business Southwest Airlines CEO Gary Kelly, who testified unmasked at a Senate hearing on Wednesday, has since tested positive for the coronavirus, the airline said in a statement. “Although testing negative multiple times prior to the Senate Commerce Committee Hearing, Gary tested positive for COVID-19 after returning home, experiencing mild symptoms,

By Kara Scannell Two staffers with Forbes magazine testified before the grand jury investigating the Trump Organization on Thursday as investigators focus on former President Donald Trump’s statements about his net worth. Randall Lane, chief content officer and editor at Forbes, wrote in an article published Friday that he and a colleague Chase Peterson-Withorn were

By Frank Pallotta, CNN Business “Everybody loves a hero.” The immortal words of Aunt May from 2004’s “Spider-Man 2” ring truer than ever this weekend as audiences, Hollywood and especially theaters await the biggest film of the year. “Spider-Man: No Way Home,” the latest Spider-Man adventure from Sony and Marvel, opens this weekend, and is