Senate confirms Lael Brainard as Federal Reserve vice chair
By Matt Egan, CNN Business The Senate voted on Tuesday to confirm Lael Brainard as the Federal Reserve’s vice chair, approving a key Biden…
Continue ReadingBy Matt Egan, CNN Business The Senate voted on Tuesday to confirm Lael Brainard as the Federal Reserve’s vice chair, approving a key Biden…
Continue ReadingBy Nicole Goodkind, CNN Business Inflation is at a 40-year high, and Americans are feeling it. A gallon of gas costs about double what it cost in…
Continue ReadingBy Nicole Goodkind, CNN Business US markets plunged on Tuesday. The Dow fell 810 points, or 2.4%, as an April sell-off spurred by fears of an…
Continue ReadingBy Jeanne Sahadi, CNN Business Fidelity Investments announced Tuesday that it will offer bitcoin as an investment option in its 401(k) plans by the…
Continue ReadingBy Jeanne Sahadi, CNN Business Fidelity Investments announced Tuesday that it will offer bitcoin as an investment option in its 401(k) plans by the…
Continue ReadingBy Oliver Darcy, CNN Business The New York Post and Michelle Gotthelf, the former editor in chief of the tabloid’s digital operation, announced…
Continue ReadingBy Nicole Goodkind, CNN Business The US Senate has retirement on the brain, and it’s not because the average age of the legislative body is 64.…
Continue ReadingBy Anna Bahney, CNN Business US home prices continued to surge higher in February. Prices rose 19.8% year-over-year in February, an even higher rate…
Continue ReadingBy Matt Egan, CNN Business Deutsche Bank raised eyebrows earlier this month by becoming the first major bank to forecast a US recession, albeit a…
Continue ReadingBy Paul R. La Monica, CNN Business Even the world’s richest person needs financial advice. That’s great news for Morgan Stanley, the…
Continue ReadingBy Brian Stelter, CNN Business As Netflix licks its wounds and investors worry about big streaming bets, David Zaslav is positioning Warner Bros.…
Continue ReadingBy Michelle Toh, CNN Business Indonesia will start restricting exports of palm oil this week, a move that could make the global food crisis worse and…
Continue ReadingBy Michelle Toh, CNN Business Indonesia will start restricting exports of palm oil this week, a move that could make the global food crisis worse and…
Continue ReadingOpinion by Levar Stoney and John Giles for CNN Business Perspectives Families across America are precariously perched on the edge of a hunger cliff.…
Continue ReadingBy Julia Horowitz, CNN Business The world’s richest man wasn’t convinced he’d be successful in his bid to buy Twitter, one of the…
Continue ReadingBy Julia Horowitz, CNN Business The world’s richest man wasn’t convinced he’d be successful in his bid to buy Twitter, one of the…
Continue ReadingBy Laura He, CNN Business Chinese stocks slumped deeper into a bear market Tuesday and the yuan traded near a 17-month low as investors grow…
Continue ReadingBy Laura He, CNN Business China is about to embark on a new infrastructure spending spree in a bid to fix an economy nearing breaking point because…
Continue ReadingBy Ramishah Maruf, CNN Business The National Labor Relations Board petitioned in federal court to force Starbucks to rehire three workers who claimed…
Continue ReadingBy Matt Egan, CNN Business Stock markets are turbulent and Morgan Stanley is warning clients the ride is about to get even bumpier. Investors have…
Continue ReadingBy Matt Egan, CNN Business Elon Musk’s quest to become a social media mogul is dealing a blow to Donald Trump’s social venture. Shares of…
Continue ReadingBy Amy Cassidy and Anna Cooban, CNN Business Norwegian police arrested seven Greenpeace activists on Monday after they chained themselves to a…
Continue ReadingBy Amy Cassidy and Anna Cooban, CNN Business Norwegian police arrested seven Greenpeace activists on Monday after they chained themselves to a…
Continue ReadingBy Peter Valdes-Dapena, CNN Business General Motors will produce a fully electric Chevrolet Corvette, GM President Mark Reuss announced in a LinkedIn…
Continue ReadingBy Paul R. La Monica, CNN Business With lots of worries out there — inflation, Covid, interest rates, Ukraine, stock volatility — consumers are…
Continue ReadingBy Anna Bahney, CNN Business Anyone looking for a place to live right now is navigating one of the toughest and most expensive housing markets in…
Continue ReadingBy Anna Bahney, CNN Business Anyone looking for a place to live right now is navigating one of the toughest and most expensive housing markets in…
Continue ReadingBy Matt Egan, CNN Business Oil prices fell sharply Monday as lockdowns in China stoked concerns that the country’s zero-Covid strategy will sap…
Continue ReadingOpinion by Gad Levanon for CNN Business Perspectives With the fear of Covid-19 on the wane, consumers are spending much more on in-person services,…
Continue ReadingBy Julia Horowitz, CNN Business Tesla CEO Elon Musk’s noisy campaign for changes to how Twitter runs its business has grabbed headlines for its…
Continue ReadingBy Laura He, CNN Business Global stocks and oil prices fell on Monday as rising Covid-19 cases in Beijing sparked fears that the Chinese capital…
Continue ReadingBy Laura He, CNN Business Investors are ditching China at an unprecedented scale as a cocktail of political and business risks, and rising interest…
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Zoe Sottile, CNN Feeling hungry for a new job? Favor, a Texas-based food delivery company, is looking for a voracious eater to sample tacos all…
Continue ReadingBy Ramishah Maruf, CNN The White House Correspondents’ Dinner returns next Saturday — and the sitting president is set to attend for the…
Continue ReadingBy Ramishah Maruf, CNN The White House Correspondents’ Dinner returns next Saturday — and the sitting president is set to attend for the…
Continue ReadingBy Anneken Tappe, CNN Business Investors are gearing up for a week of big ticket economic data, including a first look at economic growth between…
Continue ReadingBy Anneken Tappe, CNN Business Investors are gearing up for a week of big ticket economic data, including a first look at economic growth between…
Continue ReadingBy Chris Isidore, CNN Business Does the richest person on the planet need another massive pay package? That’s the decision facing the Tesla…
Continue ReadingBy Brian Fung, CNN European policymakers have reached agreement on a sweeping package of new regulations for tech platforms that could mean big…
Continue ReadingBy Nathaniel Meyersohn, CNN Business There are around 175,000 white and orange U-Haul rental trucks in the United States and Canada for…
Continue ReadingBy Rhea Mogul and Simone McCarthy, CNN What a difference a few weeks make. Just last month India was taking flak from the West for its relationship…
Continue ReadingBy Paul R. La Monica, CNN Business Stocks plunged Friday. The Dow fell about 980 points, or 2.8%, following comments about likely aggressive interest…
Continue ReadingBy Alicia Wallace, CNN Business US government data often provides a look at how large swaths of Americans are faring. However, this big-picture…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Old Navy has long been the crown jewel of Gap’s otherwise inconsistent businesses. But now, even Old Navy…
Continue ReadingBy Paul R. La Monica, CNN Business Now that some mask and vaccine mandates are being lifted, consumers seem ready to spend on travel and other…
Continue ReadingBy Paul R. La Monica, CNN Business Now that some mask and vaccine mandates are being lifted, consumers seem ready to spend on travel and other…
Continue ReadingBy Nicole Goodkind, CNN Business Storm clouds appear to be gathering over Wall Street, with many analysts saying a downturn is inevitable. But before…
Continue ReadingBy Clare Sebastian, CNN Russian President Vladimir Putin has devoted considerable airtime over the past few weeks to reassuring the Russian public…
Continue ReadingBy Frank Pallotta, CNN Business Netflix shares plunged this week after the platform reported its first subscriber loss in more than a decade. One…
Continue ReadingBy Kathryn Vasel, CNN Business If you’re part of the Class of 2022, you’re graduating into a favorable job market. But networking should…
Continue ReadingBy Simon Bouvier, Xiaofei Xu, Chris Liakos and Anna Cooban, CNN Business France has issued an arrest warrant for Carlos Ghosn, the fugitive auto…
Continue ReadingOpinion by Kapil Parakh for CNN Business Perspectives Almost two decades ago, I was a resident physician working in the Cardiac Intensive Care Unit…
Continue ReadingBy Paul R. La Monica, CNN Business investors who have been blindly buying all big techs got a rude awakening this week after Netflix imploded. But…
Continue ReadingBy Julia Horowitz, CNN Business How should policymakers react when two core parts of the economy are headed in different directions? That’s the…
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Alicia Wallace, CNN Business Daily life continues to get more expensive as American households battle the worst inflation in 40 years. From meat…
Continue ReadingBy Anna Bahney, CNN Business Mortgage rates continued to rise this week, reaching their highest level in more than a decade. The 30-year fixed-rate…
Continue ReadingBy Anneken Tappe, CNN Business A half-percentage point interest rate hike is officially on the table, Federal Reserve Chairman Jerome Powell said…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business In a scathing open letter to McDonald’s shareholders, legendary investor Carl Icahn said the…
Continue ReadingBy Oliver Darcy and Brian Stelter, CNN Business CNN+, the streaming service that was hyped as one of the most significant developments in the history…
Continue ReadingBy Anna Bahney, CNN Business Mortgage rates continued to rise this week, reaching their highest level in more than a decade. The 30-year fixed-rate…
Continue ReadingBy Anna Cooban, CNN Business Nestlé, the world’s biggest food and drinks company, raised prices by more than 5% in the first three months of…
Continue ReadingBy Faith Karimi, CNN Scoot over, Facebook and Instagram. There’s a newer photo-sharing app — and it’s not like other social media…
Continue ReadingOpinion by Jessica J. González for CNN Business Perspectives When Elon Musk offered to buy Twitter and take it private last week, he wrote that he…
Continue ReadingBy Chris Isidore, CNN Business After two years of massive losses, US airlines are about to start reporting profits once again. Both American and…
Continue ReadingBy Mark Thompson and Chris Liakos, CNN Business One of Russia’s richest men has quit as CEO of Lukoil, the country’s second-largest oil…
Continue ReadingBy Chris Isidore, CNN Business After two years of massive losses, US airlines are about to start reporting profits once again. Both American and…
Continue ReadingBy Julia Horowitz, CNN Business Investors have quickly turned on companies like Netflix that were growing fast during the recovery from the pandemic…
Continue ReadingBy Julia Horowitz, CNN Business Investors have quickly turned on companies like Netflix that were growing fast during the recovery from the pandemic…
Continue ReadingBy Paul R. La Monica, CNN Business Last month, the Federal Reserve raised interest rates for the first time since December 2018. Now there are…
Continue ReadingBy Diksha Madhok, CNN Business Two of India’s biggest businesses are moving away from Russia, even as Prime Minister Narendra Modi refrains…
Continue ReadingBy Kashif Kakvi, Rhea Mogul and Esha Mitra, CNN Shahdullah Baig stands among the rubble of what was once his modest two-bedroom home, his belongings…
Continue ReadingBy Oliver Darcy, CNN Business Spotify and the Obamas are headed for a split. The streaming service and former first family will not be inking a new…
Continue ReadingBy Chris Isidore, CNN Business Tesla has posted record profits once again, overcoming supply chain issues that have dogged the broader auto industry…
Continue ReadingBy Oliver Darcy, CNN Business A Texas judge on Wednesday postponed a trial that will determine how much right-wing conspiracy theorist Alex Jones…
Continue ReadingBy Matt McFarland, CNN Business Amtrak is embroiled in a fight that may have vast implications for the future of US rail service, including the…
Continue ReadingBy Frank Pallotta, CNN Business Call Eleven and Sheriff Hopper of “Stranger Things,” because Netflix’s world has been turned upside…
Continue ReadingBy Anna Bahney, CNN Business Home prices hit an all-time high in March as buyers scrambled to close deals before mortgage rates rise even further.…
Continue ReadingBy Frank Pallotta, CNN Business Netflix shares plunged this week after the platform reported its first subscriber loss in more than a decade. One…
Continue ReadingBy Chris Isidore, CNN Business Tesla shareholders have been spending a lot of time following CEO Elon Musk’s grand play to buy Twitter. Come…
Continue ReadingBy Julia Horowitz, CNN Business Shares of Netflix are imploding after the company reported its first quarterly loss of subscribers in more than a…
Continue ReadingBy Mark Thompson and Chris Liakos, CNN Business One of Russia’s richest men has quit as CEO of Lukoil, the country’s second-largest oil…
Continue ReadingBy Kathryn Vasel Your resume can be the first impression you make with a potential employer. So you want to put your best foot forward when crafting…
Continue ReadingOpinion by Philip Baggaley for CNN Business Perspectives Ever since Covid-19 nearly shut down travel two years ago, US airlines and travelers have…
Continue ReadingBy Anneken Tappe, CNN Business A half-percentage point interest rate hike is officially on the table, Federal Reserve Chairman Jerome Powell said…
Continue ReadingBy Clare Sebastian and Chris Liakos, CNN Oleg Tinkov, the billionaire founder of a big Russian digital bank, has blasted Russia’s “insane…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Electric vehicles, with their need for lots of expensive batteries, have often trended towards luxury. Electric…
Continue ReadingBy Michelle Toh, Jake Kwon and Lizzy Yee, CNN Business Hong Kong’s Covid-19 curbs are continuing to severely limit travel into the city, with…
Continue ReadingBy Alicia Wallace, CNN Business April is typically a pretty eventful month for the cannabis industry, with 4/20 celebrations bringing abundant…
Continue ReadingBy Anna Cooban, CNN Business The price of goods leaving German factories has passed an eye-watering milestone. German annual producer price inflation…
Continue ReadingBy Frank Pallotta, CNN Business Call Eleven and Sheriff Hopper of “Stranger Things,” because Netflix’s world has been turned upside…
Continue ReadingBy Ramishah Maruf, CNN Elon Musk wants everyone to believe he really did have the money secured to take Tesla private back in 2018. But a group suing…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business No more microwaving your Halo Top light ice cream. At least, that’s one goal of the new recipe —…
Continue ReadingBy Alicia Wallace, CNN Business More than a dozen US states reached or exceeded their pre-pandemic employment levels in March, and more than…
Continue ReadingBy Frank Pallotta, CNN Business Netflix’s bad 2022 just got much worse. After shares tanked earlier this year because of concerns over its…
Continue ReadingBy Nicole Goodkind, CNN Business Volkswagen is gunning for Tesla. Tesla is still king, with over 936,000 electric vehicles sold in 2021 and a share…
Continue ReadingBy Paul R. La Monica, CNN Business Disney investors aren’t having as awful a year as Netflix shareholders. But that’s not saying much.…
Continue ReadingBy Paul R. La Monica, CNN Business Disney investors aren’t having as awful a year as Netflix shareholders. But that’s not saying much.…
Continue ReadingBy Julia Horowitz, CNN Business The International Monetary Fund has slashed its expectations for global economic growth over the next two years…
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