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CNN, CNNBUSINESS By Matt Egan, CNN Business The stock market selloff hit pause Friday, but the Dow Jones Industrial Average couldn’t avoid its longest weekly losing streak in nearly a century. The Dow ended Friday nine points higher but finished the week down about 3%. This was its eighth-straight weekly loss, the longest weekly losing

By Paul R. La Monica, CNN Business Stocks have been tumbling all year. The Nasdaq, down nearly 25% in 2022, is in a bear market. The S&P 500 is on a six-week losing streak and about 16% below its all-time high. But could stocks still have a lot more room to fall? Some would argue

CNN By Julia Horowitz, CNN Business The mood hanging over financial markets is anxious and gloomy, whether you’re a professional investor or a casual trader. The CNN Business Fear & Greed Index is in “extreme fear” territory. According to the most recent survey from the American Association of Individual Investors, 49% of members think the

By Allison Morrow and Chris Isidore, CNN Business JetBlue is going hostile in its effort to acquire Spirit, the latest twist in an industry battle for the low-cost carrier. Spirit previously rejected a takeover offer from JetBlue, favoring an earlier deal to merge with fellow budget airline Frontier. Now, JetBlue is appealing directly to Spirit’s

By Michelle Toh, CNN Business One of China’s top investment bankers says the country’s stock markets appear to be nearing “the bottom.” Chinese markets have been battered in recent months by the impact of Beijing’s “zero Covid” policy, a real estate slump, aggressive regulation and jitters about the country’s close ties with Russia. So far

CNN, UKRAINE ARMED FORCES SOUTHERN OPERATIONAL COMMAND, AZOV REGIMENT, RUSSIA 24, RADIO FREE EUROPE, RADIO LIBERTY, TELEGRAM By Mark Thompson, CNN Business Renault is selling its business in Russia, including a controlling stake in Lada, becoming the latest carmaker to exit the country over its assault on Ukraine. In a statement on Monday, the French

By Mark Thompson, CNN Business Renault is selling its business in Russia, including a controlling stake in Lada, becoming the latest carmaker to exit the country over its assault on Ukraine. In a statement on Monday, the French company said it had agreed to sell Renault Russia to the city of Moscow and its stake

By Laura He, CNN Business China has reported disappointing economic data for the month of April, underscoring the extensive damage Covid lockdowns have wreaked on the country. The world’s second largest economy reported shocking drops in retail sales and factory production, widely missing market expectations. Retail sales plunged 11.1% in April from a year ago,

By Ramishah Maruf, CNN The GOP Senate primary in Pennsylvania reveals a lot about the state of the Republican Party — and how it uses the media. The seven candidates for the US Senate in the state have conducted at least 19 interviews across Fox and Newsmax so far this month, CNN’s chief media correspondent

CNN By Ramishah Maruf, CNN The GOP Senate primary in Pennsylvania reveals a lot about the state of the Republican Party — and how it uses the media. The seven candidates for the US Senate in the state have conducted at least 19 interviews across Fox and Newsmax so far this month, CNN’s chief media

Reuters Elon Musk on Saturday tweeted that Twitter’s legal team accused him of violating a nondisclosure agreement by revealing that the sample size for the social media platform’s checks on automated users was 100. “Twitter legal just called to complain that I violated their NDA by revealing the bot check sample size is 100!” tweeted