New York CNN Business — Investors sleuthing for clues about what the Federal Reserve will decide during its December policy meeting got quite a few this week. But those hints about the future of monetary policy point to an outcome they won’t be very happy about. What’s happening: Federal Reserve officials made a series of […]
CNN — After years of seemingly unstoppable growth, the tech industry is now facing the “ultimate reality check” as it confronts broader economic uncertainty and waves of layoffs, Airbnb CEO Brian Chesky told CNN on Thursday. “It’s like we’re all in a nightclub and the lights just came on,” Chesky said in an interview on […]
Stocks and bonds have been turning in volatile, bearish performances this year in an economy marked by high inflation and rising interest rates. But that hasn’t deterred most retirement savers, especially the youngest ones. 401(k) participants have held relatively steady in their savings contribution rates and in their portfolio allocations, according to new third quarter […]
CNN — Four American climate activists have been kicked out of the COP27 UN climate talks in Egypt after protesting during US President Joe Biden’s speech on Friday. The group briefly interrupted Biden’s speech with what they described as an indigenous war cry, then unfurled a banner which read “People vs Fossil Fuels.” While Biden […]
CNN — David Beckham’s “status as a gay icon will be shredded” if the former England captain and Manchester United star continues in his role as a Qatar World Cup ambassador said British comedian Joe Lycett on Sunday. In a video posted on Twitter, Lycett, a British comedian who describes himself as queer on his […]
Editor’s Note: This is an updated version of an article that first published on June 13, 2022. The “crypto winter” that hit earlier this year walloped digital asset prices and served as a healthy reminder that cryptocurrencies are highly risky, volatile investments. But now, in the wake of crypto exchange FTX’s implosion, crypto investors were […]
Washington, DC CNN — Tesla and CEO Elon Musk will spend this week in court to defend the massive compensation package that helped make him the world’s richest man. The week-long trial in Delaware Court of Chancery will examine the 2018 compensation plan that the automaker’s board of directors created for Musk. The automaker said […]
CNN — Iranian archer Parmida Ghasemi demonstrated her support for anti-government protests by removing her hijab during an awards ceremony in Tehran, a video shared to social media on Thursday shows. In the video, Ghasemi lets her headscarf fall off as she stands on a podium along with other athletes. One girl standing next to […]
CNN Business — Apple has limited the use of the AirDrop wireless file sharing function on devices in China, just weeks after reports that some protesters had used the popular feature to spread messages critical of the Chinese government. Users of iPhones in mainland China who updated their iOS software this week can send or […]
CNN — Iranian officials said they have identified the “Iran International agent” arrested Thursday as Elham Afkari, the sister of famous Iranian wrestler Navid Afkari, who was executed two years ago, according to state news agency IRNA. London-based news channel Iran International has become one of the go-to sources for many Iranians looking for news […]