Markets steady after worst day for US stocks since June 2020
By Michelle Toh and Julia Horowitz, CNN Business Markets steadied early Wednesday after US stocks logged their worst day since June 2020, plunging on…
Continue Reading
By Michelle Toh and Julia Horowitz, CNN Business Markets steadied early Wednesday after US stocks logged their worst day since June 2020, plunging on…
Continue Reading
By Alicia Wallace, CNN Business Weather has long been a fickle farmhand, devastating fields one year while delivering bountiful harvests the next.…
Continue Reading
By Nicole Goodkind, CNN Business Investors are getting spooked that the Federal Reserve’s aggressive interest rate hikes could damage the US…
Continue Reading
By Jordan Valinsky, CNN Business McDonald’s roughly 1,200 locations across the United Kingdom will close for most of the day Monday for Queen…
Continue Reading
By Paul R. La Monica, CNN Business Tuesday’s massive stock market meltdown should serve as a reminder to investors that in times of turmoil, it…
Continue Reading
By Chris Isidore, Vanessa Yurkevich and Jeremy Diamond, CNN Business Unions and management reached a tentative deal early Thursday that averts a…
Continue Reading
By Anna Cooban, CNN Business The European Union wants to raise €140 billion ($140 billion) by tapping the windfall earnings of some energy…
Continue Reading
Opinion by Todd Greene, Ioana Marinescu, Jake Rosenfeld and Elisabeth Jacobs for CNN Business Perspectives Each day seems to bring new headlines of…
Continue Reading
By Jordan Valinsky, CNN Business Fred Franzia, the man behind “Two Buck Chuck” and other value-priced wines that revolutionized the…
Continue Reading
By Uliana Pavlova, CNN Russian businessman Ivan Pechorin, the top manager for the Corporation for the Development of the Far East and the Arctic, has…
Continue Reading
By Frank Pallotta, CNN Business Following the death of Queen Elizabeth II, Netflix viewers tuned into the show about her life. Season 1 of “The…
Continue Reading
By Chris Isidore and Vanessa Yurkevich, CNN Business A freight railroad strike, and the economic upheaval it could cause, is getting closer and…
Continue Reading
By Oliver Darcy, CNN Business A lawyer representing Sandy Hook families that have sued right-wing conspiracy theorist Alex Jones asked a jury on…
Continue Reading
By Anna Cooban, CNN Business Royal wills are never made public. That means what happens to much of the Queen’s personal wealth following her…
Continue Reading
By Peter Valdes-Dapena, CNN Business Ferrari has unveiled the first four-door production vehicle the legendary Italian automaker has ever produced.…
Continue Reading
By Peter Valdes-Dapena, CNN Business Ferrari has unveiled the first four-door production vehicle the legendary Italian automaker has ever produced.…
Continue Reading
By Anna Cooban, CNN Business Royal wills are never made public. That means what happens to much of the Queen’s personal wealth following her…
Continue Reading
By Danielle Wiener-Bronner, CNN Business Inflation may be slowing, but food prices are still through the roof. Food costs spiked 11.4% over the past…
Continue Reading
Martha C. White for CNN Business Small business sentiment improved in August but remains depressed as business owners face an uncertain economic…
Continue Reading
By Alicia Wallace, CNN Business US inflation ticked back up in August, despite plunging gas prices, according to data from the Bureau of Labor…
Continue Reading
The past few years have been tough for Burger…
Continue Reading
By Parija Kavilanz, CNN Business The kids, the grandparents, the babysitter, maybe your favorite aunt or uncle. That’s it. You can blame…
Continue Reading
By Paul R. La Monica, CNN Business Prices at the pump have fallen along with the cost of a barrel of crude oil. But the CEO of Chevron, one of the…
Continue Reading
By Paul R. La Monica, CNN Business Prices at the pump have fallen along with the cost of a barrel of crude oil. But the CEO of Chevron, one of the…
Continue Reading
By Chris Isidore, CNN Business FedEx warned that a global recession could be coming, as demand for packages around the world tumbles. Shares of FedEx…
Continue Reading
By Nicole Goodkind, CNN Business Federal Reserve Chairman Jerome Powell has a big problem, and he can’t do anything about it. Gasoline prices…
Continue Reading
By Danielle Wiener-Bronner, CNN Business The past few years have been tough for Burger King. Missteps during the pandemic caused the chain to lag…
Continue Reading
By Matt McFarland, CNN Business US commuter rail service will face a huge disruption Friday if a freight rail strike is not avoided. Many passenger…
Continue Reading
By Chris Isidore, CNN Business America’s freight railroads have already stopped accepting shipments of hazardous and other security-sensitive…
Continue Reading
By Tami Luhby, CNN Gas prices are on the decline. Inflation has moderated a little, though it remains historically high. Consumers are feeling…
Continue Reading
By Lauren del Valle, CNN Conspiracy theorist Alex Jones will be back on trial Tuesday, facing more family members of Sandy Hook Elementary School…
Continue Reading
By Ross Levitt and Chris Isidore, CNN Amtrak announced Monday that it is preemptively suspending service on some of its long range routes, mostly out…
Continue Reading
By Paul R. La Monica, CNN Business Few investments have increased in value during this challenging year on Wall Street. But one asset that is in…
Continue Reading
By Paul R. La Monica, CNN Business Is inflation really peaking? Are consumers growing more confident? We’ll get those answers this week when…
Continue Reading
By Nathaniel Meyersohn, CNN Business Many aspects of drug stores and supermarkets feel like they’re of another era. But perhaps the most retro…
Continue Reading
By Matt McFarland, CNN Business Apple recently revealed a new version of its CarPlay system for vehicles, which include gauges like speedometers. But…
Continue Reading
By Frank Pallotta, CNN Business Dan Loeb is fine with Disney keeping ESPN after all. The activist investor and Third Point CEO, who made headlines…
Continue Reading
By Frank Pallotta, CNN Business Dan Loeb is fine with Disney keeping ESPN after all. The activist investor and Third Point CEO, who made headlines…
Continue Reading
By Chris Isidore and Adrienne Broaddus, CNN Business About 15,000 nurses in Minnesota went on strike Monday morning, saying they are fighting for…
Continue Reading
By Alicia Wallace, CNN Business Americans are expecting inflation to fall sharply in both the short and long run, according to new data from the…
Continue Reading
Opinion by Karen S. Lynch for CNN Business Perspectives Even though mental health challenges aren’t anything new, we are living in a time with…
Continue Reading
By Julia Horowitz, CNN Business In the past week, Ukrainian troops have dealt a huge blow to Russia’s grip on parts of the east of their…
Continue Reading
By Julia Horowitz, CNN Business In the past week, Ukrainian troops have dealt a huge blow to Russia’s grip on parts of the east of their…
Continue Reading
By Laura He, CNN Business Authorities in Shanghai have denied a report by a leading Chinese real estate research firm that claimed more than a third…
Continue Reading
By Artemis Moshtaghian, CNN Columbia University said that it relied on “outdated and/or incorrect methodologies” in submitting data to…
Continue Reading
By Ramishah Maruf, CNN US credit card giants said they will implement a new merchant category code for the nation’s gun retailers, which gun…
Continue Reading
By Chris Isidore, CNN Business It’s not just about the money. There has been a surge in union activism — including strikes and organizing…
Continue Reading
By Zoe Sottile, CNN Holding onto an ex’s stuff may prove profitable later on, at least if your ex turns out to be the wealthiest man in the…
Continue Reading
By Peter Taggart and Ramishah Maruf, CNN Aer Lingus canceled all flights scheduled to depart from its Dublin Airport hub that were bound for European…
Continue Reading
By Parija Kavilanz, CNN Business As American industries struggle to fill plentiful job vacancies in a tight labor market, there’s at least one…
Continue Reading
By Nicole Goodkind, CNN Business Ukrainian forces have made sweeping advances in September in their fight against Russia, easing some investor fears…
Continue Reading
By Michelle Toh and Julia Horowitz, CNN Business Markets steadied early Wednesday after US stocks logged their worst day since June 2020, plunging on…
Continue Reading
By Allison Morrow, CNN Business Gary Friedman, the CEO of luxury home goods retailer RH, is often a colorful speaker who doesn’t mince words.…
Continue Reading
By Anna Cooban, CNN Business Billions of banknotes and coins around the world featuring the portrait of Queen Elizabeth II are set to be replaced…
Continue Reading
By Alicia Wallace, CNN Business After spending 2020 cooped up as a fast-spreading, deadly virus limited most aspects of everyday life, American…
Continue Reading
By Alicia Wallace, CNN Business After spending 2020 cooped up as a fast-spreading, deadly virus limited most aspects of everyday life, American…
Continue Reading
Opinion by Bill Carter for CNN Business Perspectives Over the years, I have been fortunate to be able to talk to Lorne Michaels, the impresario of…
Continue Reading
Martha C. White for CNN Business With nearly two job openings available for every job seeker, the shortage of workers in the United States has many…
Continue Reading
By Anna Cooban and Mark Thompson, CNN Business The death of Queen Elizabeth has come at a bad time for the United Kingdom. Against a backdrop of…
Continue Reading
By Anna Cooban and Mark Thompson, CNN Business The death of Queen Elizabeth has come at a bad time for the United Kingdom. Against a backdrop of…
Continue Reading
By Nicole Goodkind, CNN Business The US Federal Reserve is delivering a hawkish message to markets: We hear you, we see you, but you can’t stop…
Continue Reading
By Chris Isidore, CNN Business Freight railroads have been around since the 19th century, but you can’t run a 21st century economy without…
Continue Reading
By Matt Egan, CNN The Biden administration is not debating whether to unleash another round of emergency oil from the national stockpile at this…
Continue Reading
By Matt Egan, CNN The blank-check firm attempting to bring former President Donald Trump’s media venture public has adjourned its special…
Continue Reading
By Nicole Goodkind, CNN Business The US dollar can’t be stopped. Fueled by the Federal Reserve’s aggressive tightening policy, the value…
Continue Reading
By Frank Pallotta, CNN Business There are summer blockbusters, and then there’s “Top Gun: Maverick.” The Paramount film, featuring…
Continue Reading
By Anna Bahney, CNN Business Mortgage rates reached their highest level since 2008, inching closer to 6% this week, as it became clearer to investors…
Continue Reading
By Peter Valdes-Dapena, CNN Business Rivian and Mercedes have signed a “memorandum of understanding” to work together on production of…
Continue Reading
By Paul R. La Monica, CNN Business Movie theater chain AMC is a top pick for meme investors, but the stock hasn’t exactly turned out to be the…
Continue Reading
Martha C. White for CNN Business At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge to stay the course…
Continue Reading
By Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue Reading
By Peter Valdes-Dapena, CNN Business General Motors revealed a new electric SUV Thursday that the automaker expects will be the cheapest compact…
Continue Reading
By Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue Reading
Opinion by Gad Levanon for CNN Business Perspectives So far this year, the US economy has managed to skirt a recession, despite what many experts…
Continue Reading
By Alicia Wallace, CNN Business Despite fears of a recession, the labor market is showing no signs of weakening. The number of first-time claims for…
Continue Reading
By Mark Thompson, CNN Business The European Central Bank hiked interest rates by a record three-quarters of a percentage point on Thursday and…
Continue Reading
By Peter Valdes-Dapena, CNN Business Jeep will bring out three new all-electric SUVs over the next few years as it moves toward selling only electric…
Continue Reading
By Lauren Kent and Anna Cooban, CNN Business The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and businesses,…
Continue Reading
By Lauren Kent, CNN Big oil companies are spending millions to portray themselves as taking action on climate change, but their investments and…
Continue Reading
By Matt McFarland, CNN Business The Tesla Model Y received the highest grade of any vehicle in a European safety test that ranked driver-assist…
Continue Reading
By Matt Egan Oil prices dropped sharply on Wednesday, deepening a selloff that has already brought relief to drivers at the gas pump. US oil tumbled…
Continue Reading
By Matt Egan Oil prices dropped sharply on Wednesday, deepening a selloff that has already brought relief to drivers at the gas pump. US oil tumbled…
Continue Reading
By Paul R. La Monica, CNN Business Billionaire Ryan Cohen profited big when he briefly invested in struggling retailer Bed Bath & Beyond and…
Continue Reading
By Frank Pallotta, CNN Business Cineworld Group — the world’s second largest movie theater chain and owner of Regal Cinemas — said…
Continue Reading
By Chris Isidore, CNN Business The Major League Baseball Players Association is joining the AFL-CIO, the nation’s largest labor federation that…
Continue Reading
By Lauren Kent and Anna Cooban, CNN Business The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and businesses,…
Continue Reading
By Matt McFarland, CNN Business Tesla’s price for the feature it calls “full self-driving” has increased again. This time to…
Continue Reading
By Jordan Valinsky, CNN Business Serena Williams’ loss last week at the US Open, likely her final match, made history for ESPN. The roughly…
Continue Reading
By David Goldman, CNN Business The British pound fell to a 37-year low against the US dollar Wednesday as the United Kingdom grapples with a series…
Continue Reading
By David Goldman, CNN Business The British pound fell to a 37-year low against the US dollar Wednesday as the United Kingdom grapples with a series…
Continue Reading
By Anna Cooban, CNN Business The United Kingdom’s new prime minister is reportedly preparing to commit as much as £150 billion ($172 billion)…
Continue Reading
By Matt Egan, CNN Business For many years after the Great Recession, the Federal Reserve did everything in its power to lower the unemployment rate.…
Continue Reading
By Matt Egan, CNN Business For many years after the Great Recession, the Federal Reserve did everything in its power to lower the unemployment rate.…
Continue Reading
By Jordan Valinsky, CNN Business Serena Williams’ loss last week at the US Open, likely her final match, made history for ESPN. The roughly…
Continue Reading
By Jordan Valinsky, CNN Business Kim Kardashian is entering the world of private equity. She’s partnering with Jay Sammons, a former executive…
Continue Reading
By Nicole Goodkind, CNN Business The world is in desperate need of water. Drought and increasing temperatures have threatened to impact nearly every…
Continue Reading
By Laura He, CNN Business China’s zero-Covid strategy of endless testing and lockdowns has hammered its economy and taken a toll on company…
Continue Reading
By Laura He, CNN Business China’s zero-Covid strategy of endless testings and lockdowns has hammered its economy and taken a toll on company…
Continue Reading
By Alexandra Peers, CNN Business Herb Kohler, Jr., the former head of his family’s namesake global plumbing empire, died Saturday at the age of…
Continue Reading
By Paul R. La Monica, CNN Business Apple’s stock has been a lemon this year. Shares are down more than 10% so far in 2022, and Apple is trading…
Continue Reading