The US monthly budget deficit dropped to $88 billion in October, down 47% for the year
By Alicia Wallace, CNN Business The US government recorded a monthly budget deficit of $88 billion in October, the Treasury Department reported…
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Vaping company Juul cuts 400 jobs amid growing setbacks
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Embattled vaping company Juul Labs announced hundreds of layoffs Thursday as the company…
Continue Reading Twitter executives quit amid company turmoil
By Brian Fung, CNN Just days after Twitter laid off thousands of employees, a number of top executives from teams working on privacy and security at…
Continue Reading AP source: US authorities investigate crypto exchange FTX
By KEN SWEET and MICHAEL BALSAMO AP Business Writer NEW YORK (AP) — The swift collapse of cryptocurrency exchange FTX sent more shockwaves through…
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Fox Toyota donates RAV4 to Sisters of Charity in Juarez
EL PASO, Texas — Fox Toyota of El Paso donated a brand new car to a children’s clinic in Juarez. The Fox Family Foundation presented the RAV4 to the…
Continue Reading Some relief for consumers: Prices on a few grocery items are actually coming down
By Parija Kavilanz, CNN Business Is there anything at your local grocery store (besides avocados) that’s getting less — not more —…
Continue Reading KFC Germany apologizes for advertising a Kristallnacht promotion
By Danielle Wiener-Bronner, CNN Business KFC Germany apologized for an “unacceptable” message sent to customers on Wednesday, which…
Continue Reading Home prices rose almost everywhere in the US this summer
By Anna Bahney, CNN Business In case you needed more evidence of how much home prices have skyrocketed: Even as the housing market was cooling over…
Continue Reading Art from Microsoft founder Paul Allen sells for $1.6 billion
NEW YORK (AP) — Works by artists including Cézanne, Seurat, and van Gogh sold for a record-breaking $1.6 billion during Christie’s two-day…
Continue Reading USPS ready for holiday crush after influx of mail-in ballots
WASHINGTON (AP) — Postmaster General Louis DeJoy says the postal service gave a solid performance in delivering mail-in ballots for the midterm…
Continue Reading UK police ‘got it wrong’ by arresting journalists covering climate protests
By Anna Cooban, CNN Business UK police arrested and detained three journalists covering a climate protest earlier this week, raising concerns that…
Continue Reading Fred Hickman, who helped launch CNN Sports and YES Network, dead at 66
By Chris Isidore and David Close, CNN Fred Hickman, a pioneering sports broadcaster and anchor who helped to launch two major cable networks and…
Continue Reading This is the moment Wall Street has been waiting for
By Paul R. La Monica and Nicole Goodkind, CNN Stocks soared in their best day since 2020 on Thursday after new economic data showed that price…
Continue Reading New car prices are finally coming down. But not by much
By Peter Valdes-Dapena, CNN Business New car prices are finally coming down. A little, anyway. Cars are still selling, on average, for more than the…
Continue Reading Soldier wounded amid heightened Armenia-Azerbaijan tensions
YEREVAN, Armenia (AP) — Armenia’s Defence Ministry has reported that an Armenian soldier was wounded and in critical condition after being shot…
Continue Reading Exclusive: Wendy’s is selling its first-ever holiday Frosty
By Jordan Valinsky, CNN Business Wendy’s is adding a holiday-themed Frosty to its menu for the first time ever. Beginning next Tuesday,…
Continue Reading Here’s what’s getting more expensive at the grocery store
By Danielle Wiener-Bronner, CNN Business Food is still getting more expensive, but at a slower pace than earlier this year. In the month of October,…
Continue Reading All eyes on the consumer ahead of Black Friday and the holidays
CNN, CNN BUSINESS By Paul R. La Monica, CNN Business It has been a tough year for American consumers. Inflation everywhere. Rapidly rising interest…
Continue Reading UN envoy urges lifting of sanctions harming Syrian civilians
By ALBERT AJI Associated Press DAMASCUS, Syria (AP) — A U.N. envoy is urging Western and Arab countries to lift sanctions imposed on Syria, warning…
Continue Reading Biden to meet China’s Xi on Monday for Taiwan, Russia talks
By AAMER MADHANI and ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden will meet Monday with President Xi Jinping on the sidelines…
Continue Reading Musk warns Twitter’s survival is at stake as staff quits
By MATT O’BRIEN AP Technology Writer Elon Musk warned Twitter employees Thursday to brace for “difficult times ahead” that might end with…
Continue Reading Biogen tabs veteran pharma leader Viehbacher as next CEO
By TOM MURPHY AP Health Writer Biogen has picked former Sanofi CEO Christopher Viehbacher to become its next leader, as the drug developer continues…
Continue Reading Crypto is in chaos as FTX files for bankruptcy
By Allison Morrow, CNN Business In the space of a week, a 30-year-old entrepreneur once hailed as a modern-day J.P. Morgan watched his digital…
Continue Reading Average long-term US mortgage rate back above 7% this week
By MATT OTT AP Business Writer WASHINGTON (AP) — The average long-term U.S. mortgage rate returned to the 20-year highs of two weeks ago when rates…
Continue Reading Mortgage rates rise back above 7%
By Anna Bahney, CNN Business Mortgage rates have jumped back above 7%, after dropping last week. The 30-year fixed-rate mortgage averaged 7.08% in…
Continue Reading GM recalls 340K big SUVs; daytime running lights can stay on
DETROIT (AP) — General Motors is recalling nearly 340,000 big SUVs in the U.S. because their daytime running lights may not shut off when the…
Continue Reading Slightly more Americans apply for jobless benefits last week
By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans applying for jobless benefits rose slightly last week, but the labor…
Continue Reading Rishi Sunak seeks thawed relations at UK-Ireland summit
By JILL LAWLESS Associated Press LONDON (AP) — Prime Minister Rishi Sunak is aiming to repair frayed relations with Britain’s European Union…
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Elon Musk Sells Nearly $4B In Tesla Stock
Elon Musk is selling more of his Tesla stock. The Government reports Musk has sold nearly $4 Billion worth of Tesla stock since he bought Twitter.…
Continue Reading Deflated: falling valuations drag stock prices down to earth
By DAMIAN J. TROISE AP Business Writer Stock valuations are falling fast, giving investors a potential opportunity to snap up stocks that may have…
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