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Business and financial news on U.S. and international companies and newsmakers from the past week from CNNMoney.com.
Aug 10, 2022 · The tech-heavy index gained 2.9% on Wednesday and entered bull territory for the first time in 108 days, ending its longest downswing since 2008, when the index fell 54% and the period lasted 218...
- 1 min
Jun 15, 2022 · Free money from the Fed was amazing for the stock market. Higher rates have been a major challenge for the stock market, which had become accustomed to – if not addicted to – easy money.
Feb 1, 2023 · From CNN's Jeanne Sahadi Interest rates are higher (again), courtesy of the Federal Reserve, which just hiked its benchmark interest rate for the eighth time in a row since last March.