Money

CNN By Jordan Valinsky, CNN New York (CNN) — “Messi mania” has reached the United States, if ticket prices are any indication. On Wednesday, soccer superstar Lionel Messi said he’s going to join the Major League Soccer club Inter Miami, a blockbuster announcement that shocked the sporting world — more so since it followed rumors

By Alicia Wallace, CNN Minneapolis (CNN) — US companies wary about their economic prospects are battening down the hatches. Recent job market data shows more and more businesses have taken to “labor hoarding” and maintaining headcounts even as demand softens. Hiring has scaled back and so have layoffs (to an extent), as firms try to

CNN By Nicole Goodkind and Nathaniel Meyersohn, CNN New York (CNN) — Some of the worst air quality levels on record on the East Coast are impacting consumer shopping patterns and driving air purifier stocks higher. People are rushing to buy air filters, humidifiers and high-quality masks on Amazon amid Canadian wildfires that have smothered

CNN By Kristina Sgueglia, CNN (CNN) — The Federal Aviation Administration delayed flights into New York and Newark, New Jersey, and it briefly halted flights bound for Philadelphia International Airport and New York’s LaGuardia airport, as smoke from Canadian wildfires continues to spread across the northeastern United States. The so called ground stop required planes

By Olesya Dmitracova, CNN London (CNN) — The 20 countries that use the euro fell into a mild recession around the turn of the year, as high inflation discouraged consumer spending and governments tightened the purse strings. In the first three months of the year, economic output in the eurozone dropped 0.1% compared with the

By Hanna Ziady, CNN London (CNN) — The vast majority of the world’s biggest companies have done almost nothing in the past five years to cut their planet-heating pollution enough to avoid catastrophic climate change. Large companies are either more likely to contribute to extreme levels of warming or are not disclosing their greenhouse gas

By Anna Bahney, CNN Washington, DC (CNN) — Manhattan rents hit another record high in May and are not expected to ease up any time soon, according to a monthly report released Thursday from Douglas Elliman, a brokerage, and Miller Samuel, an appraisal and consultant firm. While rents are cooling in some parts of the

By Philip Wang, CNN (CNN) — Bilateral trade between Russia and China totaled more than $93.8 billion from January to May in 2023, a 40.7% increase compared to the same period last year, data from China’s General Administration of Customs showed. The data published on Wednesday also showed that China’s exports to Russia have reached

By Samantha Delouya, CNN (CNN) — GameStop fired its CEO, Matt Furlong, and elevated Ryan Cohen to executive chairman, the company announced on Wednesday. The company did not provide a reason for Furlong’s termination, nor did it respond to CNN’s request for further information. However, according to a company filing with the Securities and Exchange

CNN, WABC, CTV NETWORK, CBC NEWS, WCVB, WATE, WFSB By Pete Muntean, CNN (CNN) — The Federal Aviation Administration lifted a ground stop for flights bound for New York’s LaGuardia airport due to smoke but has delayed some flights on the ground. Flights into Philadelphia are also being impacted because of the wildfire smoke, the

By Jeanne Sahadi, CNN New York (CNN) — If you do business with a bank or other financial service provider, chances are you may have dealt with “chatbots” at some point when you have a question about your account or are trying to remedy a problem. Those bots, cheaper than humans and sometimes incorporating artificial