Category Archives: CNN MONEY

Fact check: Elizabeth Warren’s financial crisis warning

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Sen. Elizabeth Warren (D-MA), a 2020 democratic presidential candidates, said there are warning signs for another financial crisis that would devastate the United States and the 2020 presidential candidate proposed a plan she said could help prevent it. CNN’s Christina Alesci gives Warren’s plan a fact check.
CNN Business video.


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Why these retro tech gadgets are still so popular

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That beaten up Walkman – might be someone’s hot new accessory !
The retro tech market is alive . In May, Apple refreshed the iPod touch for the first time in four years. Vinyl record sales clocked in at 400 million on average over the past four years, according to data from data tracker Statista. DVD player sales are trending downward, but they still consistently hit four million units sold every holiday quarter, even as recently as 2018. Other gadgets that have stayed the course: camcorders, radios, clock radios, desk phones, and DVRs. Millions of these are still in use in US households … CNN Business video.


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Trump rips Federal Reserve (again), renews call for rate cut

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President Donald Trump renewed his calls for the Federal Reserve to lower interest rates, despite a surprisingly strong jobs report. “If we had a Fed that would lower interest rates, we would be like a rocket ship,” Trump said, predicting the economy would boom even more if interest rates were lower. The US economy added 224,000 jobs in June, a sharp uptick from disappointing numbers in May, according to the latest report by the Bureau of Labor Statistics… CNN Business video.


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Jobs spike makes it tough to cut interest rates

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June’s strong job report is going to make it very difficult for the Federal Reserve to justify a rate cut that the Trump administration has been pushing for. The US economy added 224,000 jobs in June, a strong comeback for the labor market after a disappointing May. The unemployment rate rose to 3.7%, the highest level since March 2019 but still historically low. CNN Business video.


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Google CEO says YouTube must do better policing hate

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In an exclusive interview with CNN’s Poppy Harlow, Google CEO Sundar Pichai talked about how his company must do a better job policing hate on YouTube, the looming antitrust probe by the US government and his journey from not owning a computer to running one of the largest tech companies in the world. CNN Business video


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