Money

CNN By Marshall Cohen, CNN Jury selection began Thursday in Dominion Voting Systems’ $1.6 billion defamation trial against Fox News over the right-wing network’s promotion of debunked conspiracy theories about the 2020 presidential election. Almost the entire process took place outside of public view, with Delaware Superior Court Judge Eric Davis privately questioning prospective jurors.

By Anna Bahney, CNN Even as rents are cooling in some parts of the country, it has never cost more to rent a Manhattan apartment as it did in March. Typically, rental activity builds from the spring to a peak in late summer, but median rent last month was the highest on record, according to

CNN By Chris Isidore, CNN Delta Air Lines reported record advanced bookings for this coming summer, a further sign that the US airline industry is putting the pandemic-caused losses behind it. But rising labor costs did result in a net loss in the period, even if the company reported a profit when excluding special items,

By Chris Isidore, CNN Delta Air Lines reported record advanced bookings for this coming summer, a further sign that the US airline industry is putting the pandemic-caused losses behind it. But rising labor costs did result in a net loss in the period, even if the company reported a profit when excluding special items, the

By Nicole Goodkind, CNN After more than a year of soaring prices monopolizing the attention of Wall Street, Main Street, economists, and journalists, the tide may be turning. According to some experts, inflation rates have reached an inflection point and painful interest rate hikes could soon ease. The US Consumer Price Index, a widely used

By Marshall Cohen, CNN Jury selection began Thursday in Dominion Voting Systems’ $1.6 billion defamation trial against Fox News over the right-wing network’s promotion of debunked conspiracy theories about the 2020 presidential election. Almost the entire process took place outside of public view, with Delaware Superior Court Judge Eric Davis privately questioning prospective jurors. Davis

By Anna Cooban, CNN Uber-luxury brand Hermès, best known for its coveted Birkin handbag, reported a double-digit jump in sales as high-income shoppers continue to spend on pricey products. Paris-based Hermès said Thursday that sales rose 23% in the first quarter, driven by rising demand in all of its international markets. Sales in the Americas

By Julia Horowitz, CNN Jeremy Grantham made his name predicting the dot-com crash in 2000 and the financial crisis in 2008. Now, the famous investor warns another epic bubble in financial markets is bursting — and the turmoil that swept through the banking sector last month is just the beginning. “Other things will break, and

By Oliver Darcy, CNN Vox Media is gearing up for its first Code Conference without Kara Swisher at the helm. The invite-only event, which attracts top technology executives and journalists, will be hosted by The Verge Editor-In-Chief Nilay Patel, Platformer founder Casey Newton and CNBC senior media and tech reporter Julia Boorstin, Vox Media told

By Lauren del Valle, CNN A new court filing alleges JPMorgan Chase executives were aware of sex abuse and trafficking allegations against its then-client Jeffrey Epstein, several years before the financial institution cut ties. The latest complaint, part of a lawsuit against the bank filed by the attorney general for the US Virgin Islands (USVI),

CNN, WMTV By Marshall Cohen, CNN Fox News formally apologized to the judge in the Dominion defamation case, taking responsibility for the “misunderstanding” regarding Rupert Murdoch’s role at the network that led the judge to launch an investigation into potential legal misconduct by Fox, according to a letter obtained by CNN. In the letter, which