Elon Musk sells $8.5 billion worth of Tesla shares
By Chris Isidore, CNN Business Tesla CEO Elon Musk sold $8.5 billion of the electric automaker’s stock in the three days after the Twitter…
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Elon Musk sells $8.5 billion worth of Tesla shares
By Chris Isidore, CNN Business Tesla CEO Elon Musk sold $8.5 billion of the electric automaker’s stock in the three days after the Twitter…
Continue Reading Recession fears are mounting. Here’s how to protect your money
By Jeanne Sahadi, CNN Business Warnings of a potential recession aren’t surprising given how many tripwires there are in today’s economy.…
Continue Reading Defense companies aren’t getting a boost from Russia’s war with Ukraine
By Nicole Goodkind, CNN Business When war breaks out, defense companies tend to make money. That means aerospace and defense stocks can serve as safe…
Continue Reading Defense companies aren’t getting a boost from Russia’s war with Ukraine
By Nicole Goodkind, CNN Business When war breaks out, defense companies tend to make money. That means aerospace and defense stocks can serve as safe…
Continue Reading Investing ethically won’t buy protection in this market
By Julia Horowitz, CNN Business As the economy began bouncing back from the coronavirus pandemic, interest in investment products that promoted good…
Continue Reading The US economy contracted. Don’t panic
By Matt Egan, CNN Business The economic recovery from Covid-19 stumbled in the first quarter, but that doesn’t mean a recession is imminent.…
Continue Reading Homes got even pricier and harder to afford in most US cities
By Anna Bahney, CNN Business Home prices rose by double-digit percentages in most major US cities at the beginning of this year. Of 185 metro areas…
Continue Reading Teladoc stock plunges as the stay-at-home economy fizzles
By Paul R. La Monica, CNN Business The huge pandemic boom for virtual health company Teladoc appears to be over. More people are willing to leave…
Continue Reading The Fed’s favorite inflation measure hit a fresh 40-year high
By Anneken Tappe, CNN Business Americans had to reach deeper into their pockets in March, as yet another key inflation index showed prices hit a…
Continue Reading Europe has bought $46 billion worth of Russian energy since the Ukraine war began
By Jack Guy, CNN Russian revenues from fossil fuel exports to the European Union soared during the first two months of the Ukraine invasion, despite…
Continue Reading Mortgage rates fall slightly, but still hover above 5%
By Anna Bahney, CNN Business Mortgage rates took a breather last week, dropping slightly after seven consecutive weeks of increases. The 30-year…
Continue Reading Russian gas customers in Europe may accept Putin’s payment terms
By Anna Cooban, CNN Business Some of Russia’s biggest natural gas customers in Europe’s are preparing to accept the Kremlin’s new…
Continue Reading Soaring costs and shortages push German industry to the brink
By Anna Cooban and Inke Kappeler, CNN Business Siempelkamp Giesserei has seen its fair share of crises in its 99 years. But pandemic shutdowns,…
Continue Reading Southwest is set to return to profitability
By Chris Isidore, CNN Business Southwest Airlines posted a first-quarter loss, but the company said that will be the last time it loses money for…
Continue Reading Meta earnings and the metric Wall Street is obsessing over
By Julia Horowitz, CNN Business Every quarter, investors on Wall Street parse earnings for intel on how much money a company brings in and the size…
Continue Reading The US economy shrank in the first quarter
By Anneken Tappe, CNN Business America’s economy unexpectedly shrank in the first quarter of 2022, data from the Bureau of Economic Analysis…
Continue Reading Ford just reported a $3.1 billion loss. Blame Rivian
By Chris Isidore, CNN Business In the days after its November IPO, electric truck maker Rivian was briefly one of the world’s most valuable…
Continue Reading Higher food and energy prices could last ‘for years,’ World Bank warns
By Matt Egan, CNN Business Russia’s invasion of Ukraine has contributed to an historic shock to commodity markets that will keep global prices…
Continue Reading Joe Rogan caused some artists to leave Spotify. But not paying customers
By Frank Pallotta, CNN Business Earlier this year, Spotify found itself embroiled in a controversy sparked by one of its most notable podcast hosts,…
Continue Reading Venmo owner PayPal is one of the worst stocks of 2022
By Paul R. La Monica, CNN Business Sending money to pay for things via Venmo may be all the rage among smartphone-addicted millennials and Gen Zers.…
Continue Reading Millennials are ahead of their parents in retirement savings
By Nicole Goodkind, CNN Business Maybe that avocado toast isn’t so bad, after all. Millennials are way ahead of Baby Boomers when it comes to…
Continue Reading Walmart is giving some customers 10 cents off every gallon of gas
By Jordan Valinsky, CNN Business Members of Walmart’s discount program will get a bit of relief at the gas pump. Beginning Wednesday, Walmart+…
Continue Reading Why lab-grown diamond sales are surging
By Parija Kavilanz, CNN Business It’s proposal season, and engagements are on the rise. So are factory-made diamond sales. Not that you’d…
Continue Reading Why tech stocks are bleeding right now
By Julia Horowitz, CNN Business The tech-heavy Nasdaq Composite was a huge beneficiary of the stock market’s epic recovery from the pandemic.…
Continue Reading 7 things you’re wasting money on
By Beth Braverman With inflation pushing the price of just about everything higher, it’s more important than ever to keep track of how…
Continue Reading Investment firm head arrested on charges of multibillion-dollar fraud and racketeering
By Matt Egan, Kara Scannell and Mark Morales, CNN Federal agents arrested Archegos Capital Management founder Sung Kook “Bill” Hwang on…
Continue Reading Los Angeles sheriff appears to back down after signaling he was investigating reporter
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Boeing delays its newest jet as losses soar
By Chris Isidore, CNN Business The bad news keeps piling up for Boeing. The company is delaying the debut of its newest passenger jet to 2025, and it…
Continue Reading Sorry, crypto fans. Gold is still the real hedge in times of uncertainty
By Paul R. La Monica, CNN Business It looks like bitcoin and other cryptocurrencies may not be digital gold after all. Bitcoin prices are down more…
Continue Reading China’s Xi calls for ‘all-out’ infrastructure splurge to rescue economy
By 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 Reading The big winner in Elon Musk’s Twitter deal
By Paul R. La Monica, CNN Business Even the world’s richest person needs financial advice. That’s great news for Morgan Stanley, the…
Continue Reading Los Angeles sheriff appears to back down after signaling he was investigating reporter
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Los Angeles sheriff appears to back down after signaling he was investigating reporter
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Up to a quarter million Ford Explorers recalled for rollaway risk
By Ramishah Maruf, CNN Up to a quarter million Ford Explorers are being recalled due to a mechanical problem that can cause the SUV to roll away…
Continue Reading Robinhood shares plummet as company announces layoffs
By Nicole Goodkind, CNN Business Robinhood CEO Vlad Tenev announced Tuesday afternoon that the online trading platform will lay off 9% of its…
Continue Reading Russia shuts off gas supplies to Poland and Bulgaria
By Sugam Pokharel and Mark Thompson, CNN Business Russia has cut off natural gas supplies to Poland and Bulgaria, dramatically escalating its…
Continue Reading Ford F-150 Lightning electric pickup begins crucial product launch
By Chris Isidore, CNN Business The first all-electric Ford F-150 Lightning rolled off the assembly line in Detroit on Tuesday, with a great deal…
Continue Reading 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 Reading Has inflation reached a peak? Three signs that prices could soon come down
By 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 Reading Dow falls 800 points on recession fears
By 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 Reading Fidelity will soon offer bitcoin as an option in 401(k)s
By 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 Reading Fidelity will soon offer bitcoin as an option in 401(k)s
By 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 Reading Former New York Post digital chief settles explosive lawsuit with the tabloid
By Oliver Darcy, CNN Business The New York Post and Michelle Gotthelf, the former editor in chief of the tabloid’s digital operation, announced…
Continue Reading Here’s how the Senate could change your 401(k) plan
By 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 Reading US home prices rose by nearly 20% year-over-year in February
By 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 Reading A major recession is coming, Deutsche Bank warns
By 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 Reading The big winner in Elon Musk’s Twitter deal
By Paul R. La Monica, CNN Business Even the world’s richest person needs financial advice. That’s great news for Morgan Stanley, the…
Continue Reading David Zaslav takes on Netflix in his first earnings call for Warner Bros. Discovery
By Brian Stelter, CNN Business As Netflix licks its wounds and investors worry about big streaming bets, David Zaslav is positioning Warner Bros.…
Continue Reading Palm oil is in half your groceries. Here’s why prices might shoot up
By 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 Reading Palm oil is in half your groceries. Here’s why prices might shoot up
By 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 Reading Opinion: Millions more Americans will go hungry if Congress doesn’t act soon
Opinion by Levar Stoney and John Giles for CNN Business Perspectives Families across America are precariously perched on the edge of a hunger cliff.…
Continue Reading Much of Elon Musk’s Twitter deal is still a mystery
By 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 Reading Much of Elon Musk’s Twitter deal is still a mystery
By 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 Reading Covid lockdowns batter Chinese stock markets and the yuan
By 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 Reading China’s Xi calls for ‘all-out’ infrastructure splurge to rescue economy
By 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 Reading US labor board sues Starbucks to rehire unionizing employees
By Ramishah Maruf, CNN Business The National Labor Relations Board petitioned in federal court to force Starbucks to rehire three workers who claimed…
Continue Reading Morgan Stanley warns of potential bear market in US stocks
By 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 Reading Trump SPAC is down 44% since Elon Musk disclosed Twitter stake
By 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 Reading Greenpeace activists tried to block a Russian oil tanker heading to Norway
By Amy Cassidy and Anna Cooban, CNN Business Norwegian police arrested seven Greenpeace activists on Monday after they chained themselves to a…
Continue Reading Greenpeace activists tried to block a Russian oil tanker heading to Norway
By Amy Cassidy and Anna Cooban, CNN Business Norwegian police arrested seven Greenpeace activists on Monday after they chained themselves to a…
Continue Reading The Chevrolet Corvette is officially going electric
By Peter Valdes-Dapena, CNN Business General Motors will produce a fully electric Chevrolet Corvette, GM President Mark Reuss announced in a LinkedIn…
Continue Reading Coca-Cola is a stable safe haven in a rough market
By Paul R. La Monica, CNN Business With lots of worries out there — inflation, Covid, interest rates, Ukraine, stock volatility — consumers are…
Continue Reading Should you rent or buy? Ask yourself these four questions
By 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 Reading Should you rent or buy? Ask yourself these four questions
By 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 Reading US oil sinks below $100 on China Covid concerns
By 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 Reading Opinion: Spending on consumer goods will likely plummet in the second half of the year
Opinion 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 Reading Elon Musk isn’t alone. Investors everywhere are agitating for change
By 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 Reading Global stocks and oil prices hit by fears of a Beijing lockdown
By 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 Reading Foreign investors are ditching China. Russia’s war is the latest trigger
By Laura He, CNN Business Investors are ditching China at an unprecedented scale as a cocktail of political and business risks, and rising interest…
Continue Reading Twitter board members meet as discussions about Elon Musk’s takeover bid turn more serious
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading This food company will pay you $10K to be its Chief Taco Officer
By 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 Reading Here’s what to expect at this year’s White House Correspondents’ Dinner
By Ramishah Maruf, CNN The White House Correspondents’ Dinner returns next Saturday — and the sitting president is set to attend for the…
Continue Reading Here’s what to expect at this year’s White House Correspondents’ Dinner
By Ramishah Maruf, CNN The White House Correspondents’ Dinner returns next Saturday — and the sitting president is set to attend for the…
Continue Reading America’s pandemic recovery has slowed to a crawl
By 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 Reading America’s pandemic recovery has slowed to a crawl
By 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 Reading Elon Musk’s next massive payday looms
By Chris Isidore, CNN Business Does the richest person on the planet need another massive pay package? That’s the decision facing the Tesla…
Continue Reading Europe agrees to sweeping new regulations for tech platforms
By Brian Fung, CNN European policymakers have reached agreement on a sweeping package of new regulations for tech platforms that could mean big…
Continue Reading Why U-Haul trucks all have Arizona license plates
By Nathaniel Meyersohn, CNN Business There are around 175,000 white and orange U-Haul rental trucks in the United States and Canada for…
Continue Reading Why India can buy Russian oil, and still be friends with the US
By 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 Reading Dow falls nearly 1,000 points on rate hike fears and poor earnings from Verizon
By 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 Reading The US government is taking steps to ensure its data is capturing everyone
By Alicia Wallace, CNN Business US government data often provides a look at how large swaths of Americans are faring. However, this big-picture…
Continue Reading Old Navy was supposed to save Gap. Now it’s struggling
By Nathaniel Meyersohn, CNN Business Old Navy has long been the crown jewel of Gap’s otherwise inconsistent businesses. But now, even Old Navy…
Continue Reading Revenge spending may keep the economy chugging along
By 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 Reading Revenge spending may keep the economy chugging along
By 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 Reading Beware the ‘melt-up:’ Analysts say stocks may soar just before they collapse
By Nicole Goodkind, CNN Business Storm clouds appear to be gathering over Wall Street, with many analysts saying a downturn is inevitable. But before…
Continue Reading 4 ways Russia is trying to prove it can live with sanctions
By Clare Sebastian, CNN Russian President Vladimir Putin has devoted considerable airtime over the past few weeks to reassuring the Russian public…
Continue Reading Netflix may clamp down on password sharing. Here’s what that means
By Frank Pallotta, CNN Business Netflix shares plunged this week after the platform reported its first subscriber loss in more than a decade. One…
Continue Reading The job market is on fire, but new grads still need to network. Here’s how
By 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 Reading France issues an international arrest warrant for Carlos Ghosn
By Simon Bouvier, Xiaofei Xu, Chris Liakos and Anna Cooban, CNN Business France has issued an arrest warrant for Carlos Ghosn, the fugitive auto…
Continue Reading Opinion: We need to do more to prevent burnout among health care workers
Opinion by Kapil Parakh for CNN Business Perspectives Almost two decades ago, I was a resident physician working in the Cardiac Intensive Care Unit…
Continue Reading Forget the FAANGs. It’s a stock picker’s market now
By 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 Reading Struggling factories and booming airlines put Fed in a bind
By Julia Horowitz, CNN Business How should policymakers react when two core parts of the economy are headed in different directions? That’s the…
Continue Reading Clashing strategies doomed CNN+ amid corporate merger
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Are you a single parent navigating higher costs? Share your story.
By Alicia Wallace, CNN Business Daily life continues to get more expensive as American households battle the worst inflation in 40 years. From meat…
Continue Reading Mortgage rates just hit a 12-year high
By 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 Reading Fed Chairman Powell: A half-percentage point interest rate hike is ‘on the table’ for May
By Anneken Tappe, CNN Business A half-percentage point interest rate hike is officially on the table, Federal Reserve Chairman Jerome Powell said…
Continue Reading Carl Icahn slams McDonald’s over animal welfare practices in fiery letter to investors
By Danielle Wiener-Bronner, CNN Business In a scathing open letter to McDonald’s shareholders, legendary investor Carl Icahn said the…
Continue Reading CNN+ will shut down at the end of April
By 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 Reading Mortgage rates just hit a 12-year high
By 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…
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