Why people in China are panic buying canned yellow peaches as Covid surges
By Laura He and Jennie Chen, CNN An unprecedented wave of Covid cases in China has sparked panic buying of fever medicines, pain killers, and even…
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By Laura He and Jennie Chen, CNN An unprecedented wave of Covid cases in China has sparked panic buying of fever medicines, pain killers, and even…
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By Nicole Goodkind, CNN The Federal Reserve approved a half-point interest rate hike on Wednesday, a smaller increase than in recent months and an…
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By Michelle Toh, CNN Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of…
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By Michelle Toh, CNN Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of…
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by Gayle Harrington, CNN Netflix’s documentary about Prince Harry and Meghan, Duchess of Sussex, debuted with a total of 81.55 million hours…
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by Gayle Harrington, CNN Netflix’s documentary about Prince Harry and Meghan, Duchess of Sussex, debuted with a total of 81.55 million hours…
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By Hannah Rabinowitz, CNN Federal prosecutors announced a plea deal and $2 billion forfeiture Tuesday with Danske Bank, one of Denmark’s…
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By Danielle Wiener-Bronner, CNN Once again, food inflation is outpacing overall inflation. In the year through November, food got 10.6% more…
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By Peter Valdes-Dapena, CNN The Ford F-150 Lightning was named MotorTrend’s 2023 Truck of the Year on Tuesday, making it the second electric…
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By Matt Egan and Allison Morrow, CNN FTX founder Sam Bankman-Fried was indicted on eight criminal charges including wire fraud and conspiracy by…
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By Nicole Goodkind, CNN The Federal Reserve is expected to respond to persistently high inflation by hiking interest rates half a point on Wednesday.…
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By Jordan Valinsky, CNN Business The “other Sears” is in financial turmoil, just like its more famous parent company. Sears Hometown…
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By Alicia Wallace, CNN Tuesday brought some encouraging news on the stubbornly high prices that have weighed down Americans: Inflation as measured by…
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By Peter Valdes-Dapena, CNN Business Tesla CEO Elon Musk has said numerous times since 2015 that Tesla cars would be entirely self-driving in two…
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By Chris Isidore, CNN United Airlines placed a massive order for at least 200 Boeing planes on Tuesday, split between two models dogged by recent…
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By Danielle Wiener-Bronner, CNN The combination of extreme weather and a disease impacting citrus fruit is expected to drive down Florida’s…
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By Chris Isidore, CNN United Airlines placed a massive order for at least 200 Boeing planes on Tuesday, split between two models dogged by recent…
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By Kathleen Magramo and Jake Kwon, CNN Do Kwon, a disgraced tycoon behind the collapse of the TerraUSD and Luna coins that roiled the crypto assets…
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By Nicole Goodkind, CNN The Federal Reserve is expected to raise interest rates by half a point at the conclusion of its two-day policy meeting on…
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By Kathleen Magramo, CNN Hong Kong on Tuesday announced it would scrap some remaining restrictions on travelers and end contact tracing, after…
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By Laura He, CNN China has challenged a move by the United States to block sales of advanced computer chips and chip-making equipment to Chinese…
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By Allison Morrow, CNN Sam Bankman-Fried, the founder of failed crypto exchange FTX, was arrested in the Bahamas on Monday after US prosecutors filed…
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By Ramishah Maruf, CNN Millions of angered Taylor Swift fans didn’t receive tickets to the artist’s latest tour after a widely…
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By Chris Isidore and Vanessa Yurkevich, CNN Railroad workers could get the paid sick days that were at the heart of their threat to go on strike…
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By Allison Morrow, CNN With his vast crypto empire in ruins, Sam Bankman-Fried is preparing to be grilled by US lawmakers who are demanding answers…
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By Peter Valdes-Dapena, CNN Business Subaru is recalling 271,694 SUVs because some of them could catch fire. The company is advising owners of some…
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By Alicia Wallace, CNN The US government recorded a monthly budget deficit of $249 billion in November, a 30% increase from a year earlier amid…
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By Oliver Darcy, CNN Business “GMA3” co-anchors T.J. Holmes and Amy Robach will “remain off-air pending the completion of an…
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By Matt Egan, CNN Treasury Secretary Janet Yellen is striking a cautiously optimistic tone about 2023, predicting a major inflation cooldown and…
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By Paul R. La Monica, CNN The holidays are meant to be the most wonderful time of the year. But for investors, this week just might be the most…
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By Christine Romans It’s too soon to declare victory over inflation, but from gas to chicken to big-screen TVs, there are, increasingly, signs…
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By Vedika Sud, Rhea Mogul, Rishabh Pratap and Arpit Goel, CNN At the Bhalswa landfill in northwest Delhi, a steady flow of jeeps zigzag up the trash…
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By Rachel Ramirez, CNN If you’re looking to replace or upgrade your smartphone in the coming year, take a beat and think it over. Do you really…
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By Paul R. La Monica, CNN The Federal Reserve is all but guaranteed to announce Wednesday that it will once again raise interest rates. But investors…
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By Nicole Goodkind, CNN ‘Tis the season for Wall Street strategists to pack their clients’ inboxes with market predictions for 2023. A…
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By Julia Horowitz, CNN Europe has the energy supplies it needs to make it through the year. But 2023 might be a different story. That’s the…
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By Oliver Darcy, CNN Business The Wall Street Journal on Monday named Emma Tucker as its next editor-in-chief, marking the first time the Rupert…
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By Alicia Wallace, CNN Consumers are expecting inflation to improve in the coming months, according to new survey data from the Federal Reserve Bank…
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By Chris Isidore, CNN Business Elon Musk just sold another 22 million shares of Tesla, raising $3.6 billion. Musk sold the shares on Monday, Tuesday…
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By Jordan Valinsky, CNN Business Elon Musk joined Dave Chappelle on stage Sunday in San Francisco, home of Twitter’s headquarters where the…
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By Anna Cooban, CNN Nurses in the United Kingdom have reached breaking point. As many as 100,000 members of the Royal College of Nursing will walk…
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By Gabe Cohen, CNN Anya Remy is Christmas shopping for her family on a stricter budget than ever before. Remy, a human resources professional in…
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By Julia Horowitz, CNN Rivian said Monday it would no longer pursue a deal with Mercedes to build electric vans for businesses in Europe. In a…
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By Michelle Watson, CNN Dorothy Pitman Hughes, the co-founder of one of the most prominent feminist magazines, has died, according to a funeral home…
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By Ramishah Maruf, CNN Stellantis is shuttering its Illinois plant in February resulting in indefinite layoffs for 1,350 employees, the company said…
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By Chris Isidore, CNN The fact that a freight railroad strike didn’t start on Friday is a huge win for the US economy and its still struggling…
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By Vedika Sud, Rhea Mogul, Rishabh Pratap and Arpit Goel, CNN At the Bhalswa landfill in northwest Delhi, a steady flow of jeeps zigzag up the trash…
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By Oliver Darcy, CNN Barbara Starr, the Pentagon correspondent who has covered some of the most consequential stories with a signature style and…
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By Tami Luhby, CNN Americans’ wealth continued to slide in the third quarter as stock prices plunged over the summer — but many Americans…
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By Matt Egan, CNN Despite high inflation and recession fears, the holiday shopping season appears to be off to a strong start. Black Friday and Cyber…
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By Vanessa Yurkevich, CNN For the past 22 years, the Port of Los Angeles has been the busiest container port in North America, moving around 10…
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By Julia Horowitz, CNN Just two months after UK markets suffered their worst meltdown since the global financial crisis, the British government is…
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By Nicole Goodkind, CNN Brutally high oil and gas prices were the talk of the town in 2022 and one of the largest contributing factors to sky-high…
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By Chris Isidore, CNN Another key inflation measure shows price pressures cooled off but remained stubbornly high in November, despite the Federal…
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By Christine Romans It’s too soon to declare victory over inflation, but from gas to chicken to big-screen TVs, there are, increasingly, signs…
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By Chris Isidore, CNN Workers at the Ultium Cells plant, co-owned by General Motors and Korean giant LG, voted overwhelmingly this week to join the…
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By Chris Isidore Consumers are becoming more confident about the state of the economy, despite recession fears, soaring interest rates and continued…
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By Jordan Valinsky and Allison Morrow, CNN Sam Bankman-Fried, the founder of the failed crypto exchange FTX, has agreed to testify before the House…
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By Swati Gupta, CNN India’s ruling Bharatiya Janata Party (BJP) scored a landslide election win in Prime Minister Narendra Modi’s home…
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By Anna Bahney, CNN Business The average rent in Manhattan was $5,249 in November, up 19% from last year and the third-highest amount on record,…
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By Paul R. La Monica, CNN A recession may be coming, but consumers still want to look fashionable. Subscription clothing service Rent the Runway…
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By Anna Bahney, CNN Mortgage rates dipped again this week, dropping for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in…
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By Parija Kavilanz, CNN Bourbon brand Jim Beam is offering what could possibly be the weirdest gift for the holidays — hug-simulating pajamas. The…
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By Chris Isidore, CNN Business Used car retailer Carvana, facing a cash crunch, could be headed towards bankruptcy, according to both published…
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By Betsy Klein, CNN US Treasury Secretary Janet Yellen traveled to Texas Thursday to mark an important and historic milestone, touring the Fort Worth…
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By Matt Egan, CNN Treasury Secretary Janet Yellen is striking a cautiously optimistic tone about 2023, predicting a major inflation cooldown and…
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By Alicia Wallace, CNN The US government recorded a monthly budget deficit of $249 billion in November, a 30% increase from a year earlier amid…
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By Oliver Darcy, CNN News publishers are getting in on the TikTok trend. That’s according to a brand new survey published Wednesday evening by…
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By Julia Horowitz, CNN Business US gasoline prices are now cheaper than they were one year ago, providing relief to Americans that have spent 2022…
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By Nicole Goodkind, CNN Business It seems like you can’t go anywhere these days without colliding headfirst into another ominous prediction of…
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By Jordan Valinsky, CNN Business Disney+ is getting more expensive, unless you want ads. As of Thursday, Disney’s ad-free tier costs $10.99 per…
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By Allison Morrow, CNN Lawmakers are demanding that Sam Bankman-Fried, the founder of the failed crypto exchange FTX, appear before the Senate…
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By Allison Morrow, CNN Lawmakers are demanding that Sam Bankman-Fried, the founder of the failed crypto exchange FTX, appear before the Senate…
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By Nicole Goodkind, CNN Business US stocks surged higher on Thursday as investors staged a comeback from their current losing streak, spurred on by…
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By Oliver Darcy, CNN News publishers are getting in on the TikTok trend. That’s according to a brand new survey published Wednesday evening by…
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By Hanna Ziady, CNN A bottleneck is building across an important trading route for oil, which if left unresolved could knock global supply and boost…
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By Matt Egan, CNN Business The Keystone Pipeline has been shut down following a leak discovered near the border of Kansas and Nebraska. The shutdown…
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By Chris Isidore, CNN Business Here’s more bad news for Tesla CEO Elon Musk — as if he needs any. Investors who took short positions in Tesla…
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By Matt Egan, CNN Business A must-pass defense bill now being negotiated in Congress includes new sanctions designed to trip up Russia’s war…
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By Laura He, CNN Business Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he…
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By Oliver Darcy, CNN Business A 24-hour strike at The New York Times, a historic demonstration in which more than 1,100 employees are expected to…
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By Jeanne Sahadi, CNN Business New retirement rules could make it easier for Americans to accumulate retirement savings — and less costly to…
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By Danielle Wiener-Bronner, CNN Business A slew of problems have stalled the growth of Beyond Meat, once a darling of Wall Street whose top product…
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By Paul R. La Monica, CNN Business The media sector has had a tumultuous 2022, culminating in the shocking return of Bob Iger as CEO of Disney and a…
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By Jordan Valinsky, CNN Business Elon Musk is no longer the world’s richest person, according to Forbes. On Thursday, Musk dropped to the…
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By Chris Isidore, CNN Business After 53 years and more than 1,570 planes, the last Boeing 747 rolled off the assembly line in Washington state…
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By Nicole Goodkind, CNN Business Nothing lasts forever, not even a good CEO. It’s been a nasty year for Fortune 500 companies and top…
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By Peter Valdes-Dapena, CNN Business General Motors is moving ahead with plans to install as many as 40,000 electric vehicle chargers in, mostly,…
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By Danielle Wiener-Bronner, CNN Business Coca-Cola is hoping that this holiday season, families will crack open some Cokes, settle into a comfy spot…
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By Allison Morrow, CNN Business The world’s leading producer of advanced computer chips, Taiwan Semiconductor Manufacturing Company, announced…
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By Parija Kavilanz, CNN Business We know young kids love teddy bears and cute cuddly stuffed animals. But Build-A-Bear Workshop says older consumers…
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By Hanna Ziady, CNN Business Britain is bracing for further disruption from strikes heading into the Christmas period, as ambulance drivers and…
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By Hanna Ziady, CNN Business Britain has agreed a new energy partnership with the United States that aims to end its reliance on Russia and lower…
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By Oliver Darcy, CNN Business The New York Times is preparing for more than 1,100 of its union staffers to go on strike for a full day Thursday —…
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By Rob McLean, CNN Business E-cigarette maker Juul Labs said Tuesday that it has settled litigation it faced in the United States, resolving a…
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By Allison Morrow, CNN Business The world’s leading producer of advanced computer chips, Taiwan Semiconductor Manufacturing Company, announced…
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By David Goldman, CNN Business Congress wants answers from the CEO of Ticketmaster’s parent company after a ticketing snafu ahead of Taylor…
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By Chris Isidore, CNN Business After 53 years and more than 1,570 planes, the last Boeing 747 rolled off the assembly line in Washington state…
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By Matt Egan, CNN Business Oil prices have tumbled to their lowest level of the year as worries about the health of the economy overshadow concerns…
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By Paul R. La Monica, CNN Business Some top CEOs appear to be worried that the economy could be the Grinch that steals Christmas this year. And…
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