The US Justice Department and Securities and Exchange Commission are opening investigations into the collapse of Silicon Valley Bank, according to sources familiar with the […]
Continue readingTag: matt egan
Watch lawmaker grill Live Nation CFO on who sets ticket prices
During a Senate hearing on the Taylor Swift-Ticketmaster ticket sale fiasco, Sen. Dick Durbin (D-IL) grilled president and CFO of Ticketmaster parent company Live Nation […]
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Amazon among tech companies with sweeping layoffs
Amazon says they will lay off 18,000 workers. The CEO blamed certain economic situations and rapid hiring in recent years. CNN’s Matt Egan reports. #CNN […]
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Why the Fed’s pace in raising interest rates makes this is a dangerous time for the economy
The US is experiencing its worst inflation in 40 years and now the Federal Reserve announced another huge interest rate hike of three-quarters of a […]
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Hear Biden’s message to gas companies after announcing gas tax holiday
President Joe Biden appealed directly to gas companies to lower their prices to give relief to Americans during a speech in which he called on […]
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How gas prices and inflation could impact midterm elections
The average national gas price continues to rise amid inflation. Gas prices and the overall US economic forecast could shed light on the midterm election […]
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Why the Fed’s 0.5% rate hike is significant
The Federal Reserve said it will raise interest rates by 0.5%, the highest percentage-point hike in more than two decades. The move comes as the […]
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‘We shouldn’t panic’: CNN reporter breaks down US economy shrinkage
The US economy shrank in the first quarter of 2022, declining at an annual rate of 1.4%. CNN's Matt Egan explains the driving factors behind […]
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Russia has defaulted on its foreign debt, says S&P
Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said. #CNN #News
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Style experts spot a ‘no-no’ inside the Oval Office
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Amanpour: Dissent about war in Ukraine in Putin’s circle is ‘silenced’
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Cannes Film Festival 2023: The stand-out films and stars this year
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Anti-Putin Russians based in Ukraine allegedly stage incursion into Russia
