Money

CNN By Selina Wang, CNN Wearing surgical masks to cover their faces, dozens of people demonstrated outside a branch office of China’s central bank in the landlocked province of Henan early this month to demand their savings back. They’re among thousands of depositors in China that protesters say are still campaigning for compensation after last

CNN By Selina Wang, CNN Wearing surgical masks to cover their faces, dozens of people demonstrated outside a branch office of China’s central bank in the landlocked province of Henan early this month to demand their savings back. They’re among thousands of depositors in China that protesters say are still campaigning for compensation after last

By Selina Wang, CNN Wearing surgical masks to cover their faces, dozens of people demonstrated outside a branch office of China’s central bank in the landlocked province of Henan early this month to demand their savings back. They’re among thousands of depositors in China that protesters say are still campaigning for compensation after last year’s

By Chris Isidore, CNN A group of progressive Tesla shareholders want the company’s board of directors to make CEO Elon Musk concentrate more on one of his many jobs, that of running the EV automaker. In a letter to the Tesla board, the group says that Musk is not spending enough time and attention focused

By Anna Bahney, CNN Home buyers have proved to be mortgage rate sensitive, with home sales over the past year tanking as rates have surged, and improving during periods when rates have ticked down. The past year has shown that as monthly mortgage payments decline, demand goes up. But a new study shows that 5.5%

By David Goldman, CNN SVB Financial Group, the company that owned the failed Silicon Valley Bank until the US government took it over last month, announced that two of its top executives have left their jobs. Gregory Becker, the company’s former CEO, and Daniel Beck, SVB’s former chief financial officer, left the company earlier this

By Chris Isidore, CNN After a series of price cuts throughout most of this year, Tesla is raising the prices of its two upper-end models: the Model S and the Model X. The decision is a reversal of its strategy that was confirmed just this week by CEO Elon Musk during a conference call with

By Julia Horowitz and Catherine Nicholls, CNN Europe’s air traffic control authority says it has been battling an ongoing attack, claimed by pro-Russian hackers, since Wednesday. There hasn’t been any impact on flights, though access to its website has been affected, according to the European Organization for the Safety of Air Navigation, or Eurocontrol. “The

By Nicole Goodkind, CNN Oil and gas stocks have been on a two-year tear, ripping ahead as natural gas prices surged due to supply chain kinks, a strong economy, and Russia’s invasion of Ukraine. Fears of a recession are now slamming on the brakes. What’s happening: Brutally high oil and gas prices were the talk

By Clare Sebastian, Livvy Doherty and Julia Horowitz, CNN The waters of the Bay of Lakonikos, on the south-eastern side of Greece’s Peloponnese peninsula, are a bright turquoise color. Its shores are an important nesting site for sea turtles. Yet it’s not just a place of natural beauty. The area has become a key hub

By Nectar Gan, CNN BMW has landed in hot water in China over tubs of ice cream. The luxury German automaker’s Mini unit had to apologize repeatedly after being accused of discrimination against Chinese visitors when handing out free ice cream at the Shanghai auto show this week. Videos circulating widely on social media Thursday

CNN By Jennifer Korn, CNN Fox News’ legal battle with Dominion Voting Systems is over. It now has to deal with Smartmatic, which is seeking billions of dollars more than its rival wanted in damages. The voting technology company filed a lawsuit against Fox in New York state courts for defamation following the 2020 election,