Risk of a US recession as high as 35%, Goldman Sachs says
By Julia Horowitz, CNN Business Europe’s reliance on energy from Russia has jacked up the odds that the region could enter a recession this…
Continue ReadingBy Julia Horowitz, CNN Business Europe’s reliance on energy from Russia has jacked up the odds that the region could enter a recession this…
Continue ReadingBy Tami Luhby, CNN Business The price of gas has skyrocketed in recent weeks, fueled in part by Russia’s invasion of Ukraine. The hike means…
Continue ReadingBy Chris Isidore, CNN Business As Russia’s economy gets pummeled by increasingly severe western sanctions for its invasion of Ukraine, the…
Continue ReadingBy Charles Riley, CNN Business Goldman Sachs and JPMorgan Chase are the first major Western banks to get out of Russia following the invasion of…
Continue ReadingBy Laura He, CNN Business Popular Chinese tech stocks have plunged after the US regulator named five Chinese companies that could be removed from…
Continue ReadingConfusion. Amnesia. New paperwork. Delays getting through to the…
Continue ReadingBy Anna Bahney, CNN Business Rents in Manhattan are once again hitting new record highs, after cratering during the pandemic. The median monthly rent…
Continue ReadingBy Julia Horowitz, CNN Business Europe’s reliance on energy from Russia has jacked up the odds that the region could enter a recession this…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Burger King is the latest fast food chain to pull corporate support from its businesses in Russia.…
Continue ReadingBy Mark Thompson, CNN Business Russia said it could seize the assets of Western companies that have suspended operations in the country. Dozens of…
Continue ReadingBy Paul R. La Monica, CNN Business So much for Wednesday’s big market rally. Stocks slid Thursday after the US government reported a…
Continue ReadingBy Charles Riley, CNN Business Goldman Sachs and JPMorgan Chase are the first major Western banks to get out of Russia following the invasion of…
Continue ReadingBy Matt Egan, CNN Business The United States and its allies are considering additional sanctions to punish Russia for “atrocities”…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business When McDonald’s opened its doors in Moscow for the first time, it was a big deal. It was the dead of…
Continue ReadingBy Mark Thompson, CNN Business Russia’s richest businessman has warned the Kremlin against confiscating assets of companies that have fled in…
Continue ReadingBy Alicia Wallace, CNN Business Earth & Sky Floral Designs, located on the Laguna Pueblo reservation in New Mexico, is the only florist for…
Continue ReadingBy Alicia Wallace, CNN Business Earth & Sky Floral Designs, located on the Laguna Pueblo reservation in New Mexico, is the only florist for…
Continue ReadingBy Alicia Wallace, CNN Business Earth & Sky Floral Designs, located on the Laguna Pueblo reservation in New Mexico, is the only florist for…
Continue ReadingBy Paul R. La Monica, CNN Business Amazon and Google owner Alphabet are two of the most dominant companies on Earth. Each is worth more than $1…
Continue ReadingBy Anna Bahney, CNN Business Mortgage rates are rising again amid fears of soaring inflation. The 30-year fixed-rate mortgage averaged 3.85% in the…
Continue ReadingBy Matt Egan, CNN Business Goldman Sachs is exiting Russia, becoming the first major Wall Street bank to announce plans to do so after the invasion…
Continue ReadingBy Jordan Valinsky, CNN Business Peloton is testing a new rental model, marking the fitness company’s first significant strategy change under…
Continue ReadingBy Julia Horowitz, CNN Business Advocates of bitcoin have long claimed that the cryptocurrency has much in common with gold. They envision a world in…
Continue ReadingBy Anneken Tappe, CNN Business Prices kept rising last month in America, pushing a key inflation measure to a level not seen since January 1982. The…
Continue ReadingBy Donie O’Sullivan, CNN Business A new conspiracy theory has become popular among some of the online communities that formed around QAnon…
Continue ReadingBy Rhea Mogul, Vedika Sud, Arpit Goel and Vijay Bedi, CNN Ritesh Mishra vowed to care for the dead, even if it meant risking his own life last year…
Continue ReadingBy Donie O’Sullivan, CNN Business A new conspiracy theory has become popular among some of the online communities that formed around QAnon…
Continue ReadingBy David Goldman, CNN Business Amazon shares are about to get 20 times less expensive. The company announced Wednesday its board approved a 20-for-1…
Continue ReadingBy Frank Pallotta, CNN Business “Hello there.” That’s what Star Wars fans were saying about the first look at Disney+’s…
Continue ReadingBy Frank Pallotta, CNN Business “Hello there.” That’s what Star Wars fans were saying about the first look at Disney+’s…
Continue ReadingBy Frank Pallotta, CNN Business Bob Chapek, Disney’s CEO, was criticized Monday for speaking out about — but not directly condemning —…
Continue ReadingBy David Goldman and Becky Anderson, CNN Business The oil market has been stretched incredibly thin, with few producers willing — or able — to…
Continue ReadingBy Brian Stelter, CNN Business Major media companies continue to join the exodus from Russia, with Discovery and WarnerMedia making announcements on…
Continue ReadingBy Brian Stelter, CNN Business Major media companies continue to join the exodus from Russia, with Discovery and WarnerMedia making announcements on…
Continue ReadingBy Paul R. La Monica, CNN Business American and European businesses are rapidly distancing themselves from Russia in the wake of its invasion of…
Continue ReadingBy Peter Valdes-Dapena, CNN Business It’s been promised for years. Now it’s finally here. Volkswagen has unveiled the production version…
Continue ReadingBy Peter Valdes-Dapena, CNN Business It’s been promised for years. Now it’s finally here. Volkswagen has unveiled the production version…
Continue ReadingBy Jordan Valinsky, CNN Business Charles Entenmann, who helped to turn his family’s bakery into a baked goods behemoth, died recently,…
Continue ReadingBy Anna Bahney, CNN Business Homeowners saw massive increases in wealth over the past decade, but most of the gains went to the wealthiest US…
Continue ReadingBy Frank Pallotta, CNN Business Disney’s CEO transition from Bob Iger to Bob Chapek marked a shift from an outspoken, famous CEO with political…
Continue ReadingBy Anneken Tappe, CNN Business America’s worker shortage is far from over: In January, the nation had 11.3 million jobs to fill and not enough…
Continue ReadingBy Matt Egan, CNN Business Russia’s invasion of Ukraine and the West’s crackdown on Moscow has left the world economy exposed to an epic…
Continue ReadingBy Mark Thompson and James Frater, CNN Business Europe will consider joining a US-led embargo of Russian oil this week as the West looks for new ways…
Continue ReadingBy Paul R. La Monica, CNN Business Stocks surged Wednesday, snapping a four-day losing streak, as investors celebrated a drop in crude oil prices.…
Continue ReadingBy Paul R. La Monica, CNN Business Stocks surged Wednesday as investors celebrated a drop in crude oil prices. The Dow gained more than 700 points,…
Continue ReadingOpinion by Mark Wolfe for CNN Business Perspectives Rising inflation is hitting all sectors of the economy. The overall rate of inflation on an…
Continue ReadingBy Julia Horowitz, CNN Business Oil prices are pulling back and stocks are jumping higher as investors take a beat to consider what Russian President…
Continue ReadingBy Charles Riley, CNN Business Russia has banned its citizens from buying US dollars, completing the isolation of an economy that once had ambitions…
Continue ReadingBy Jill Dougherty, for CNN A week after Russia invaded Ukraine, the staff of Russia’s last independent TV channel, TV Rain, also known as…
Continue ReadingBy Betsy Klein, CNN Business President Joe Biden will sign an executive order Wednesday establishing the first-ever federal strategy on…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business The International House of Pancakes is opening a bank. A pancake bank. That’s the concept for the…
Continue ReadingBy Chris Isidore, CNN Business Russia’s invasion of Ukraine is a major reason that US drivers are paying record prices for gasoline. But…
Continue ReadingBy Reuters Norway’s Yara, one of the world’s largest fertilizer makers, is curtailing its ammonia and urea output in Italy and France due…
Continue ReadingBy Michelle Toh, CNN Business Cathay Pacific plans to continue operating at just minuscule levels as its home city remains largely cut off from 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 Danielle Wiener-Bronner, CNN Business Burger King is the latest fast food chain to pull corporate support from its businesses in Russia.…
Continue ReadingBy Peter Valdes-Dapena, CNN Business As America shifts towards electric cars, plug-in hybrids are often forgotten. Their potential benefits are lost…
Continue ReadingBy Chris Isidore, CNN Business The US average price of gas now stands at a record $4.17 a gallon. But gas for less than $4 a gallon can still be…
Continue ReadingBy Parija Kavilanz, CNN Business Lululemon unveiled a new product Tuesday that speaks to the upscale brand’s ambition to expand into new…
Continue ReadingBy David Goldman, CNN Business The United States and Europe have pummeled Russia with unprecedented sanctions over the past several weeks as Vladimir…
Continue ReadingBy David Goldman and Becky Anderson, CNN Business The oil market has been stretched incredibly thin, with few producers willing — or able — to…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Kohl’s is under intense pressure from Wall Street raiders and up against stiff competition from Amazon,…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business McDonald’s and Starbucks are shutting their restaurants and cafes in Russia, and Coca-Cola is…
Continue ReadingBy Anna Cooban, CNN Business Nickel prices have soared to all-time highs in the wake of Russia’s invasion of Ukraine, threatening the global…
Continue ReadingBy Allison Morrow, CNN Business As the world barrels into Year Three of the pandemic, Americans are entering a new phase or economic anxiety — an…
Continue ReadingBy Jordan Valinsky, CNN Business Better.com, the embattled online mortgage company, announced Tuesday that it’s taking the “difficult…
Continue ReadingOpinion by Mary Beth Laughton for CNN Business Perspectives When I started my career in the late 1990s, only six women had ever broken the proverbial…
Continue ReadingBy Kathryn Vasel, CNN Business Getting to know new colleagues through a box on your screen while working from home can have its challenges. Recent…
Continue ReadingBy Charles Riley, CNN Business Stagflation strikes fear into the hearts of economists — and policymakers —the world over. Europe could be headed…
Continue ReadingBy Mark Thompson, CNN Business Europe is planning to slash consumption of Russian natural gas this year as it prepares for a complete break with its…
Continue ReadingBy Parija Kavilanz, CNN Business Slimmed down toilet paper, fewer cookies in a bag, less conditioner in squeeze tubes. The changes are subtle and…
Continue ReadingBy Mark Thompson, CNN Business Russia is finding it ever harder to sell its oil and gas. Shell said Tuesday it was breaking completely with…
Continue ReadingBy Laura He, CNN Business Chinese retail investors are snapping up stocks with even the slightest link to trade with Russia, as they bet on closer…
Continue ReadingBy Esha Mitra and Rhea Mogul, CNN Indian university student Niranjana Santhosh was so close to being evacuated from the bombarded Ukrainian city of…
Continue ReadingBy Esha Mitra and Rhea Mogul, CNN Indian university student Niranjana Santhosh was so close to being evacuated from the bombarded Ukrainian city of…
Continue Readingby Frank Pallotta, CNN Business Disney CEO Bob Chapek apologized for his “silence” on Florida’s controversial bill dubbed…
Continue ReadingBy Chris Isidore, CNN Business US drivers have never paid this much for gasoline. The price for a gallon of regular gas now stands at $4.17,…
Continue ReadingBy Ramishah Maruf, CNN Business Disney CEO Bob Chapek spoke out about Florida’s controversial “Don’t Say Gay” bill in a staff…
Continue ReadingOpinion by Nicole Bachaud for CNN Business Perspectives The nation’s sizzling housing market is a double-edged sword: millions of existing…
Continue ReadingBy Paul R. La Monica, CNN Business Tech stocks, like the rest of the broader market, have seen their fair share of ups and downs since Russia’s…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Ryan Cohen, a favorite of the Reddit investors who drove the GameStop stock mania in 2020, now wants to shake…
Continue ReadingBy Abbas Al Lawati and Nadeen Ebrahim, CNN A revival of the 2015 Iran nuclear deal appeared to be imminent by the end of last week. The main parties…
Continue ReadingBy Beth Braverman There are countless things you need to think about when you get your first full-time job: How to make a good impression on your…
Continue ReadingBy Parija Kavilanz, CNN Business The price of premium perfumes recently soared by levels typically never seen for luxury fragrances. But don’t…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Clipping coupons is an American pastime. Reality shows devoted to extreme couponers have become sensations. But…
Continue ReadingBy Chris Isidore, CNN Business Gas prices continued to climb Monday, rising to just short of a record high. At their skyrocketing pace, the price per…
Continue ReadingBy Abbas Al Lawati and Nadeen Ebrahim, CNN A revival of the 2015 Iran nuclear deal appeared to be imminent by the end of last week. The main parties…
Continue ReadingBy Julia Horowitz, CNN Business The run-up in oil prices since Russia invaded Ukraine has been dramatic. But analysts and traders think the recent…
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 Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Anna Cooban, CNN Business Nickel prices have soared to all-time highs in the wake of Russia’s invasion of Ukraine, threatening the global…
Continue ReadingBy Laura He, CNN Business Stocks are tumbling on Monday as oil prices soared above $120 barrel to their highest level in 13 years, raising fears…
Continue ReadingBy Ramishah Maruf, CNN Business American Express is the latest credit card company to announce it is ending its operations in Russia as its invasion…
Continue ReadingBy Ramishah Maruf, CNN Social media videos have played a critical role in CNN’s coverage of Russia’s invasion in Ukraine. But how does…
Continue ReadingBy Frank Pallotta, CNN Business Theaters needed a hero, and they got one in a big way this weekend. “The Batman” — which stars Robert…
Continue ReadingOpinion by Richard M. Schulze for CNN Business Perspectives The value of a college education has come under scrutiny in recent years. With average…
Continue ReadingBy Julia Horowitz, CNN Business The US dollar serves as the backbone of the global economy and is considered the safest currency to hold. So in times…
Continue ReadingBy Frank Pallotta, CNN Business “Saturday Night Live” kicked off this week’s episode with a Fox News “Ukrainian Invasion…
Continue ReadingBy Frank Pallotta, CNN Business “Saturday Night Live” kicked off this week’s episode with a Fox News “Ukrainian Invasion…
Continue ReadingBy Ramishah Maruf, CNN The International Monetary Fund said it would bring Ukraine’s request for $1.4 billion in emergency financing to its…
Continue Reading