John Paulson Fast Facts | CNN
CNN — Here’s a look at the life of John Paulson, hedge fund manager and founder of Paulson & Co.…
Wilbur Ross Fast Facts | CNN Politics
CNN — Here’s a look at the life of former Commerce Secretary Wilbur L. Ross Jr. Birth date: November 28,…
Rahm Emanuel Fast Facts | CNN
CNN — Here’s a look at US Ambassador to Japan and former Chicago Mayor Rahm Emanuel. Birth date: November 29,…
Chuck Schumer Fast Facts | CNN
CNN — Here’s a look at the life of Chuck Schumer, the US Senate majority leader and Democratic senator from…
Best places to put your cash when interest rates are high
Editor’s Note: This is an update of an article that originally ran on September 20, 2023. New York CNN — …
IEA: ‘Unstoppable’ energy transition means demand for oil, gas, and coal to peak by 2030
London CNN — Global demand for oil, natural gas and coal — and the carbon pollution they generate — are…
A secret weapons delivery and a cross-river raid: Here’s what to know about the latest in Ukraine
Kyiv CNN — Over the last week, a secret delivery of American weapons and a cross-river raid have injected much-needed…
Mortgage rates advance toward 8%
Washington, DC CNN — Mortgage rates continued to climb last week amid a stronger-than-expected economy and geopolitical uncertainty in the…
Premarket stocks: How billion-dollar fines are reshaping digital communications in banking
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
‘Deeply ashamed.’ Another major UPenn backer halts donations and calls on other Jews to do the same
CNN — Venture capitalist David Magerman is the latest major donor to the University of Pennsylvania cutting off financial support…
Analysis: Birkenstock’s IPO turns south as shares slide on first day of trading
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign…
Canadian autoworkers go on strike at GM plants
New York CNN — General Motors’ labor problems have spread north of the US-Canadian border, as more than 4,000 autoworkers…
The IMF sees greater chance of a ‘soft landing’ for the global economy
London CNN — The International Monetary Fund (IMF) sees better odds that central banks will manage to tame inflation without…
What’s open and closed on Columbus Day and Indigenous Peoples’ Day
New York CNN — Americans celebrate Indigenous Peoples’ Day and Columbus Day on the second Monday of October each year.…
US SEC seeks court order to compel Elon Musk to testify about his Twitter acquisition
New York CNN — The US Securities and Exchange Commission on Thursday applied for a court order to force Elon…
Federal appeals court approves injunction to block grant for Black women entrepreneurs
CNN — A U.S. federal appeals court has granted a conservative group’s request to temporarily block a Black-owned venture capitalist…
How to choose the best student loan repayment plan for you
Washington CNN — Millions of borrowers are required to make their monthly student loan payment for the first time in…
Ukraine counteroffensive: Winter is coming to Ukraine, but Kyiv is adapting its tactics
CNN — Ukraine will soon face its second winter at war, and the bold campaigns of a year ago that…
Evergrande’s chairman has been detained. The company will struggle to survive
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s…
Shares in China’s Evergrande suspended from trading in Hong Kong as liquidation concerns mount
Hong Kong CNN — Shares in embattled Chinese developer Evergrande Group and its two subsidiaries were all suspended from trading…
Canadian autoworkers approve labor deal with Ford
CNN — Members of Canada’s autoworkers union, Unifor, ratified a tentative three-year agreement with Ford on Sunday after the union…
What happens if you don’t pay your student loans?
Washington CNN — Student loan payments are due in October for the first time in three-plus years – but for…
The Fed has a perfect interest rate in mind. Here's what it is
There’s a star the Federal Reserve is chasing. Source link
Cisco working with M&A firm Tidal to acquire cybersecurity firm Splunk in $28 billion deal
A new mergers and acquisitions advisory firm launched last year by former Centerview Partners dealmakers has scored a big win…
Former University of Phoenix students see $37 million in student loan debt canceled by Biden
Washington CNN — The Biden administration is canceling nearly $37 million of federal student loan debt for more than 1,200…
Gas prices are unusually high. Here’s why you shouldn’t worry
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
Birkenstock IPO: German sandal maker heads for Wall Street in another blow to Europe
London CNN — German shoemaker Birkenstock has filed for an initial public offering in New York, becoming the latest European…
US seizes nearly 1 million barrels of Iranian oil allegedly bound for China
CNN — The US government seized nearly 1 million barrels of Iranian crude oil allegedly bound for China, according to…
Norges Bank: Norway’s $1.4 trillion investment fund is shutting its China office
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s…
What’s going on with China’s shadow banking system?
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
Goldman Sachs cuts US recession odds to 15% as economic optimism grows
New York CNN — Goldman Sachs is increasingly confident that the US economy will stick the soft landing that many…
More remote workers are willing to move in order to find affordable housing
Washington, DC CNN — Housing is the least affordable than it has been in about four decades. But buying or…
What the August jobs report means for the Fed
Washington, DC CNN — The long-robust US job market is continuing to cool, according to several economic indicators released this…
China relaxes mortgage rules to help homebuyers in latest stimulus push
Hong Kong CNN — China just made it easier for people to buy homes, in a move that could affect…
Dollar General shares tumble after it cuts forecasts, blaming a spending slump and theft
New York CNN — Dollar General slashed its sales and profit outlook for the year on Thursday, blaming headwinds including…
Labor Day weekend gas prices are near all-time highs
New York CNN — Drivers hitting the roads this Labor Day weekend will be greeted by historically high gas prices…
UBS will cut 3,000 jobs in Switzerland as it absorbs Credit Suisse
London CNN — UBS expects to shed around 3,000 jobs in Switzerland as it tries to save $10 billion from…
US intel: Ukraine war caused ‘one of the most disruptive periods’ for global food security
CNN — Russia’s invasion of Ukraine caused deep disruptions in the global food supply, raising prices and increasing the risk…
The US economy grew more slowly in the second quarter than previously estimated
Washington, DC CNN — The US economy grew more slowly in the second quarter than previously estimated — a good…
Hurricanes could drive gas prices, and inflation, higher
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
India’s rice export ban could trigger a global food crisis
Harayana, India CNN — Satish Kumar sits in front of his submerged rice paddy in India’s Haryana state, looking despairingly…
Chinese stocks get brief uplift from first share dealing tax cut since 2008
Hong Kong CNN — China has made a series of moves to restore investor confidence in the world’s second largest…
House GOP subpoenas Citibank over Jan. 6th ‘back-channel’ cooperation with the FBI
New York CNN — House Judiciary Committee Chairman Jim Jordan has issued a subpoena to Citibank as part of a…