Category Archives: CNN – Business

Remember HQ Trivia? It’s trying to make a comeback

Remember HQ Trivia? It’s trying to make a comeback

HQ Trivia brought joy — and some cash — to millions of people, but despite the game’s virality, the start-up behind it struggled. Now, that company, HQ, is trying to make a comeback with new games and a subscription service. On Thursday at 8 pm ET, HQ will debut HQX, a new game in which…MORE

The pound jumps after exit poll predicts big Johnson win in UK election

The pound jumps after exit poll predicts big Johnson win in UK election

The pound shot up after an exit poll by British broadcasters predicted that Prime Minister Boris Johnson would sweep to victory in the UK election. Sterling surged 2.3% to $1.347 at 7:25 p.m. ET, its highest level since May 2018. It also rose 1.9% against the euro. The currency had been rising steadily in recent…MORE

Why the Fed may need to slash rates to zero before the end of 2020

Why the Fed may need to slash rates to zero before the end of 2020

The Federal Reserve is strongly suggesting that interest rates are unlikely to budge much before the 2020 election. After three straight rate cuts, the US central bank on Wednesday said rates are at “appropriate” levels to keep the longest economic expansion in history humming. A wide majority of Fed officials anticipate holding rates steady until…MORE

Get ready, Braves fans: Atlanta stadium will be renamed after Truist

Get ready, Braves fans: Atlanta stadium will be renamed after Truist

Atlanta Braves fans will soon be watching baseball at the Truist stadium in sports. The name of SunTrust Park, the home of the Braves, will change to include the oft-ridiculed “Truist” brand, the newly-merged bank confirmed to CNN Business. However, the full name of the venue (Truist Park? Truist Financial Stadium?) has not yet been…MORE

ECB chief Christine Lagarde: I want to be the wise ‘owl’ of monetary policy

ECB chief Christine Lagarde: I want to be the wise ‘owl’ of monetary policy

Christine Lagarde has a message for investors and the media: She’s going to do things her own way as president of the European Central Bank. “I will have my own style,” she told reporters on Thursday. “Don’t over-interpret, don’t second guess, don’t cross reference. I am going to be myself and therefore probably different.” This…MORE

Stocks hit record highs as US, China reach tentative trade deal

Stocks hit record highs as US, China reach tentative trade deal

US stocks raced to record highs Thursday on news that the United States and China reached a tentative trade deal. Earlier in the day, President Donald Trump said that an agreement was “very close.” “They want it, and so do we,” Trump said in a tweet. The news fueled hopes that the trade spat between…MORE

‘Peloton wife’ actress Monica Ruiz blames her face for the ad backlash

‘Peloton wife’ actress Monica Ruiz blames her face for the ad backlash

The Peloton wife has spoken, and from now on, she’d like to be known as anything but the star of the ad that exploded the internet’s collective brains. Actress Monica Ruiz sat with “Today” host Hoda Kotb to finally address the infamous commercial that became a cultural phenomenon coinciding with a massive tank in Peloton…MORE

Krispy Kreme owners donate $5 million to Holocaust survivors over family’s Nazi past

Krispy Kreme owners donate $5 million to Holocaust survivors over family’s Nazi past

The family that owns well-known food brands like Krispy Kreme and Panera Bread announced a multi-million dollar charity donation after an investigation revealed that their Nazi ancestors used slave labor during World War II. The Reimann family, which owns a controlling stake in JAB Holdings, announced Thursday it’s donating more than $5.5 million to Claims…MORE

Jobless claims suddenly jumped to a two-year high

Jobless claims suddenly jumped to a two-year high

The number of Americans filing for their first week of unemployment benefits suddenly jumped last week to the highest level in more than two years. The number of initial claims rose to 252,000 in the week ending December 7, an increase of 49,000 from the number of claims filed the week before, the Labor Department…MORE

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