Money

CNN By Alicia Wallace, CNN It was already difficult for businesses and households to borrow money earlier this year — but after the collapse of three US regional banks and a cascade of rate hikes by the Federal Reserve, getting money has become a little harder. More lenders have stiffened their standards in the wake

By Krystal Hur, CNN Stocks saw a comeback on Friday after four consecutive days of declines. But there are several key signs that show the market is far from shedding its worries. The Dow surged about 547 points on Friday, marking its biggest one-day gain since early January. The S&P 500 rose 1.8% and the

By Sania Farooqui and Kunal Sehgal, CNN Ethnic violence in the Indian state of Manipur has killed more than 50 people, left hundreds hospitalized, and displaced 23,000, according to hospital officials and the Indian army. At least 55 people have been left dead and a further 260 hospitalized since violence broke out between members of

By Ashley R. Williams, CNN On their break from hitting the books, teens can hit up any one of Planet Fitness’s gyms to boost their physical and mental well-being all summer long — for free. No cap. The fitness center franchiser and operator, which runs 2,400 gyms in the US and Canada, has launched its

By Ashley R. Williams, CNN How does earning $1,000 to binge watch movies sound? A financial website is offering the prize to one person who can devote two weeks to viewing more than 20 hours of the “Fast and the Furious” film saga. FinanceBuzz, an informational site that offers money-related tips and recommendations, is seeking

By Ramishah Maruf, CNN Warren Buffett’s Berkshire Hathaway reported a jump in earnings in the first quarter of 2023 ahead of the Oracle of Omaha’s annual shareholders meeting. Operating earnings increased about 12% from the prior year to $8.065 billion in the first quarter, the earnings release said Saturday. Operating earnings are the profit left

By Ramishah Maruf, CNN Live Nation posted a record $3.1 billion in revenue — up 73% from last year — in the first quarter of 2023, despite possible regulation and tremendous fallout from botched Ticketmaster sales for the Taylor Swift Eras tour. In an earnings release, the ticket-industry giant said over 19 million people attended

By Peter Valdes-Dapena, CNN Business National Transportation Safety Board chair Jennifer Homendy sharply criticized federal regulators Thursday for not doing enough to monitor and test automatic driving technologies. She spoke at an event marking the opening of a Consumer Reports facility that will test increasingly common systems and features such as automatic braking, lane-departure technology

By Ramishah Maruf, CNN Scroll through TikTok, and there’s a dupe for seemingly everything. Don’t want to spend $98 on lululemon leggings? Try these $27 alternatives. If a Skims bodysuit is too much, a smiling influencer will show you exactly where you can find a similar one in their Amazon storefront. Even dupes for the

By Elisabeth Buchwald, CNN All signs were pointing to a cooling labor market. Instead, the latest jobs report showed the unemployment rate fell to 3.4% in April after 253,000 jobs were added last month. But hiring isn’t strong across the board, and is concentrated in a handful of industries. “Employers continue to hire for in-demand

By Bryan Mena, CNN Wages are now finally beating inflation, according to the latest quarterly data on wage growth. But, with a widely expected recession still looming, that might not last. That is, unless you work in a certain industry. In the first three months of the year, median weekly earnings for full-time and salaried

By Jon Passantino Fox sent a cease-and-desist letter on Friday to Media Matters, the progressive watchdog, and its president, demanding that it take down embarrassing behind-the-scenes videos of Tucker Carlson attacking Fox News’ streaming service and making crude remarks while joking with staff. The footage, published over the last week in a series of clips,

By Nathaniel Meyersohn, CNN Accidents on sidewalks and intersections. Dangerously congested bike paths. Delivery workers with nowhere to pee. Exploding electric bikes and scooters. New York City is known for fast meals and easy access to everything, but its public spaces are being severely strained by the surge in on-demand deliveries, fueled by a pandemic