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House takes aim at Harvard, MIT and UPenn’s tax-exempt status over antisemitism

CNN — The powerful House Ways and Means Committee is threatening to reconsider the tax-exempt status of Harvard University, the Massachusetts Institute of Technology, the University of Pennsylvania and Cornell University amid...

FBI is investigating the SEC hack after its fake bitcoin post

New York CNN — The Securities and Exchange Commission said Wednesday the FBI is investigating the hack of the agency’s social media account that rocked the bitcoin world earlier this week. “The SEC continues to investigate...

Bill Ackman, taking a page from his Wall Street playbook, backs rebel candidates to join Harvard’s board

New York CNN — Billionaire Bill Ackman is stepping up his campaign to overhaul Harvard University by throwing his considerable influence behind a slate of four outsider candidates vying to join the university’s board of overseers....

Why 2024 will be the defining year for the ’20s economy

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...

BlackRock cuts 3% of global staff, citing industry changes

New York CNN — BlackRock, the world’s largest asset manager, will lay off about 600 employees as it seeks to reshuffle its resources in response to technological changes in the financial industry. “We see our industry changing...

Recession avoided? History says otherwise

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN —...

Welcome to the first real trading week of 2024

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York (CNN) —...

Boeing stock plunges as Alaska Airlines incident adds to woes

London CNN — Shares in Boeing fell as much as 8.6% in pre-market trade on Monday, wiping nearly $13 billion off the company’s stock market value, as investors grow worried about damage to its business after a piece of fuselage...

What Wall Street got wrong about 2023

New York CNN — Stocks went gangbusters in 2023, but hardly anyone saw it coming. Many on Wall Street entered last year predicting more of the same after a terrible performance the previous year: Stocks and bonds fell in tandem...

Stocks are off to a bumpy start in 2024. Here are the challenges ahead

New York CNN — Stocks rang in the new year with a selloff, stalling the 2023 monster rally. Some investors say that the furious year-end rally has given way to consolidation, as traders sell some of their holdings that have ballooned...

Where in Europe will the property market revive in 2024?

The rise of technologies, such as AI, and the solid growth in tourism-related sectors could drive Europe's commercial real estate market next year, while the housing market struggles to get back on its feet and the rental market...

Stocks, bitcoin, oil: What you need to know as markets kick off 2024

London CNN — Stock markets were mixed on the first trading day of 2024, pausing after a robust rally last year that was fueled by bets that major central banks will soon start cutting interest rates. Bitcoin and oil prices moved...