Money

By Alicia Wallace, CNN Last month’s upheaval within the banking sector hasn’t pushed America off course from achieving a soft landing, US Treasury Secretary Janet Yellen told CNN’s Fareed Zakaria in an exclusive interview Friday. “I do think there’s a path to bring down inflation while maintaining what I think all of us would regard

CNN By Ramishah Maruf, CNN Christine Lagarde, president of the European Central Bank, said she has “huge confidence” the US will not allow the country to default on its own debt during an interview on CBS’ “Face the Nation” Sunday. “I just cannot believe that they would let such a major, major disaster happen,” Lagarde

By Julia Horowitz, CNN For years, global investors preferred American stocks to European ones. But at a time of change in financial markets, favor is shifting. On Friday the STOXX 50 index — which tracks Europe’s blue-chip firms — hit its highest level in 22 years. It has jumped 10.8% year-to-date. The region’s broader STOXX

By Greg Wallace and Jordan Valinsky, CNN Boeing said it has discovered a manufacturing issue with some 737 Max aircraft, although it insisted the problem is not “an immediate safety of flight issue.” A supplier used a “non-standard manufacturing process” during the installation of two fittings in the rear fuselage, Boeing said in a statement

Bryan Mena, CNN Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. That was steeper than an expected 0.4% decline,

By Krystal Hur and Nicole Goodkind, CNN JPMorgan Chase on Friday reported first-quarter profit and revenue that roundly beat expectations. The New York-based bank posted a profit of $12.6 billion or $4.10 per share. That’s up from $8.3 billion, or $2.63 per share from the same period a year before, or 52%. Analysts expected earnings

By Nicole Goodkind, CNN The strength of the US economy rests on the shoulders of consumers. If people are spending money, companies keep employees in their jobs … and those workers keep spending. In theory, anyway. Consumer spending accounts for about 70% of America’s gross domestic product, the broadest measure of the economy, so it’s

CNN By Nicole Goodkind, CNN The strength of the US economy rests on the shoulders of consumers. If people are spending money, companies keep employees in their jobs … and those workers keep spending. In theory, anyway. Consumer spending accounts for about 70% of America’s gross domestic product, the broadest measure of the economy, so

By Anna Cooban, CNN Tens of thousands of England’s trainee doctors have gone on strike this week over pay. For many, hourly pay falls below that of some baristas and fast-food workers. Junior doctors working in the country’s National Health Service (NHS) walked out Tuesday — the first of four days of strikes — demanding

By Oliver Darcy, CNN This is it. The media defamation trial of the century is on the precipice of kicking off in Wilmington, Delaware, in just days. Jury selection in Dominion Voting Systems’ monster $1.6 billion defamation lawsuit took place all of Thursday, with 300 potential jurors being summoned to court. Good progress was made

By Jalen Brown and Scarlette Whyte When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan Hamilton stepped in to help some of the founders of color who panicked about losing access to payroll funds. As a Black woman with nearly 10 years of business experience, Hamilton knew

CNN, KSNV, US DEPARTMENT OF HEALTH AND HUMAN SERVICES By Jeanne Sahadi, CNN So far this tax season, the IRS has received more than 100 million income tax returns for 2022. That means tens of millions of households have yet to file their returns. If yours is among them, here are some last-minute tax-filing tips