Tag: market

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What to make of a looming recession amid a strong labor market

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A version of this story appeared in CNN's What Matters newsletter. To get it in your inbox, sign up for free here. There are two important storylines about the US economy that often seem completely at odds with e...

Anger at Big Tech no excuse to abandon free market

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I was appalled that YouTube rejected the principle of free speech and embraced the Orwellian tactic of disappearing messages that did not adhere to the official party line. In response, I simply used my power as a co...

China faces ‘complex and grave’ job market, warns Premier Li

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Hong Kong (CNN Business)One of China's top leaders has painted a grim picture of the job market in the world's most populous nation, as widespread Covid lockdowns slam the brakes on the economy. Chinese Premier Li Ke...

China market analyst quits after his social media accounts were frozen

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Hong Kong (CNN Business)Hong Hao, a prominent market analyst in China, has left the state-owned bank he worked for just days after his social media accounts were shut down following downbeat remarks he made about the...

China silences prominent market analyst as economic slump deepens

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Hong Kong (CNN Business)Chinese social media have shut down the accounts of a prominent market analyst who drew attention in recent weeks to the dramatic slowdown in the country's economy and the effects of governmen...

Barclays hit by $590 million US market blunder and stake sale

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LondonShares in Barclays fell as much as 6% in early trading on Tuesday, after one of its top investors offloaded stock roughly equivalent to a 3% stake in the lender. The sale comes as Barclays grapples with a fresh...

Area around San Francisco’s drug recovery Linkage Center resembles an open-air drug market

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While some of that may be happening, the scene around the center on Market Street is one of drug dealing, and addicts passed out on the sidewalk. There are multiple accounts of people shooting up or smoking fentanyl ...

Police departments struggle to recruit and retain officers who are leaving for reasons that include pay, the labor market and respect

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Durham, North Carolina In a growing number of American cities, if you call the police, there are fewer officers taking the call. Police departments across the nation are raising concerns about current and future s...

‘SNL’ Weekend Update agrees Biden era like FDR’s: stock market woes, threat of war in Europe

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Just as in the early 1930s, "The stock market is plummeting and there’s a threat of a land war in Europe," co-anchor Colin Jost observed. Later, Jost said Biden’s assessment that a video call with European allies abo...

Google is investing another $1 billion in India’s smartphone market

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New Delhi (CNN Business)Google is investing up to $ 1 billion in a major Indian telecom company, a move it hopes will drive down the cost of smartphones in a huge and rapidly expanding market. Google (GOOGL) said i...

Ron Rivera says Washington ‘might be’ in the market for a quarterback this offseason

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On Tuesday, Washington head coach Ron Rivera was asked if the team needs to find a quarterback this offseason. His response: "That’s an understatement." CLICK HERE FOR MORE SPORTS COVERAGE . In this May 15...

Daily Mail and Mail Online publisher quits stock market after 90 years

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London (CNN Business)A billionaire British aristocrat is taking the publisher of the Daily Mail and Mail Online private after agreeing to buy out minority shareholders in a deal valuing the company at £885 million ($...

Price for USA’s cheapest cars up 50% on used market

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Prices for used examples of the subcompacts are up more than 50% compared to last year amid a rise in second-hand car prices driven by the ongoing shortage of new ones. New examples of the Mitsubishi Mirage...

COVID-19’s first known case was a vendor from Wuhan wet market, Arizona scientist says, disputing WHO report

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The study by Dr. Michael Worobey, an evolutionary biologist at the University of Arizona, was published Thursday in the journal Science. The new study comes amid swirling questions regarding the origin of the COVID-1...

Rev. Robert Sirico: Pope Francis makes an enemy of the poor’s best friend—the free market

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It’s a question Pope Francis brought to the forefront on World Food Day in a series of tweets. "The fight against hunger demands we overcome the cold logic of the market," the pope tweeted, "which is greedily focused...

The NBA is caught once again between free speech and the lucrative Chinese market

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A version of this story appeared in CNN's Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country's rise and how it impacts the world. Sign up here. Hong Kong (CNN...

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