Wall Street wonders: Could Omicron be good for stocks?
By Julia Horowitz, CNN Business The rapid onset of concerns about the Omicron variant of the coronavirus has ushered in a period of fresh market…
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Why Dollar Tree is ditching $1 forever
By Nathaniel Meyersohn, CNN Business Dollar Tree is throwing away those green “Everything’s $1” signs at stores, ditching the brand…
Continue Reading Cyber Monday: Brisk sales, fewer discounts and plenty of out-of-stock problems
By Jordan Valinsky, CNN Business Cyber Monday sales amounted to $10.7 billion, which is higher than the underwhelming Black Friday tally but still…
Continue Reading Why Dollar Tree is ditching $1 forever
By Nathaniel Meyersohn, CNN Business Dollar Tree is throwing away those green “Everything’s $1” signs at stores, ditching the brand…
Continue Reading China is mining much more coal again and that’s boosting its factories
By Laura He, CNN Business China’s economy is finally getting some good news: Its big factories are staging a recovery as a power crunch that…
Continue Reading Stocks and oil prices fall as Moderna CEO says current vaccines will struggle with Omicron
By Jill Disis, CNN Business Global stocks and oil prices fell again Tuesday after a brief respite from the heavy sell-off triggered by the emergence…
Continue Reading Westpac to likely pay $81 million for allegedly charging dead people, among other breaches
By Reuters and Michelle Toh, CNN Business Westpac said on Tuesday it will likely be fined 113 million Australian dollars ($80.8 million) for alleged…
Continue Reading CNN to conduct ‘thorough review’ of documents showing Chris Cuomo’s intimate role advising brother Andrew Cuomo
By Brian Stelter, Oliver Darcy and Sonia Moghe, CNN CNN said Monday that it will evaluate new information that sheds light on how anchor Chris Cuomo…
Continue Reading Omicron poses 3 major threats to the US economy, says Jerome Powell
By David Goldman, CNN Business Here we go again. Federal Reserve Chairman Jerome Powell is set to testify Tuesday that the Omicron variant threatens…
Continue Reading Here’s how your gas could hit $5 a gallon
By Matt Egan, CNN Business The surge in oil prices this year has angered drivers, tainted Americans’ views on the economy and confounded both…
Continue Reading Fans noticed a Simpsons episode is missing from Disney+ in Hong Kong
By Jordan Valinsky, CNN Business Fans have noticed that an episode of the Simpsons that features a scene in Tiananmen Square is missing from Disney+…
Continue Reading Here’s how much the gifts from ’12 Days of Christmas’ would cost today
It’s going to cost more to spoil your True Love this year, according to PNC’s 38th annual Christmas Price…
Continue Reading Amazon warehouse workers in Alabama will get another chance to unionize
By Chris Isidore, CNN Business Workers at the Amazon warehouse in Bessemer, Alabama, will have another chance to unionize after a federal labor…
Continue Reading Here’s how much the gifts from ’12 Days of Christmas’ would cost today
By Ramishah Maruf, CNN Business It’s going to cost more to spoil your True Love this year, according to PNC’s 38th annual Christmas Price…
Continue Reading Casino stocks are looking like a big gamble
By Paul R. La Monica, CNN Business So much for the house always winning. Casino stocks have had a brutal year. Penn National Gaming, which operates…
Continue Reading Shopping online this holiday season? Why you need to protect yourself
Cyber Monday is here, and while millions of Americans will be looking for the best deals the internet has to offer, cyber criminals will be hard at…
Continue Reading Fans noticed a Simpsons episode is missing from Disney+ in Hong Kong
By Jordan Valinsky, CNN Business Fans have noticed that an episode of the Simpsons that features a scene in Tiananmen Square is missing from Disney+…
Continue Reading This could finally be Sears’ and Kmart’s last holiday shopping season
This Black Friday could very likely be the start of the final holiday shopping season for Sears and Kmart, two brands that once proudly dominated the…
Continue Reading ‘Spider-Man: No Way Home’ overloaded ticket sites. That’s good news for theaters
By Frank Pallotta, CNN Business Tickets for “Spider-Man: No Way Home” overloaded ticket sites Monday. That’s great news for the box…
Continue Reading Congress wants to kill the ‘backdoor Roth IRA.’ Here’s what it means for you
By Jeanne Sahadi, CNN Business Tax-free savings in retirement are great to have at your disposal. But provisions in the Build Back Better bill would…
Continue Reading ‘Omicron’ cryptocurrency soars on new variant
By Reuters As global markets fell last week on news of the new Omicron coronavirus variant, one cryptocurrency with the same name soared after the…
Continue Reading Omicron and the Fed might finally kill this bull market
By Paul R. La Monica, CNN Business So much for a year-end Santa Claus rally? The broader market has pulled back in the past week as worries about the…
Continue Reading Covid vaccine makers’ stocks soar on Omicron variant concerns
By Paul R. La Monica, CNN Business Fears about the Omicron variant of Covid-19 rattled the world’s financial markets Friday and early Monday…
Continue Reading Stocks rebound after Omicron plunge
By Anneken Tappe, CNN Business Stocks made a comeback Monday, bouncing back from the steep selloff at the end of last week, when investors feared the…
Continue Reading Covid vaccine makers’ stocks soar on Omicron variant concerns
By Paul R. La Monica, CNN Business Fears about the Omicron variant of Covid-19 rattled the world’s financial markets Friday and early Monday…
Continue Reading Bugatti is the jewel in Volkswagen’s crown. This 33-year-old is taking it over
By Peter Valdes-Dapena, CNN Business Bugatti, the French manufacturer of $3 million supercars, is over a century old. But now it faces what may be…
Continue Reading Bugatti is the jewel in Volkswagen’s crown. This 33-year-old is taking it over
By Peter Valdes-Dapena, CNN Business Bugatti, the French manufacturer of $3 million supercars, is over a century old. But now it faces what may be…
Continue Reading Fans noticed a Simpsons episode is missing from Disney+ in Hong Kong
By Jordan Valinsky, CNN Business Fans have noticed that an episode of the Simpsons that features a scene in Tiananmen Square is missing from Disney+…
Continue Reading Investors want Omicron answers. They won’t get them yet
By Julia Horowitz, CNN Business Wall Street despises uncertainty. The less information investors have, the harder it is to make decisions about how…
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Omicron news coverage is in overdrive, but there’s still so much we don’t know
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 Shopping online this holiday season? Why you need to protect yourself
Opinion by Jen Easterly for CNN Business Perspectives Cyber Monday is here, and while millions of Americans will be looking for the best deals the…
Continue Reading Global markets brace for a nervous week over Omicron concerns
By Michelle Toh and Mark Thompson, CNN Business Stocks in Asia fell on Monday while European markets and US futures edged higher as investors…
Continue Reading ‘That’s not what’s happening:’ Biden tries to rebut news coverage about empty store shelves
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 Omicron news coverage is in overdrive, but there’s still so much we don’t know
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 How one local reporter’s instincts focused public attention on the Ahmaud Arbery case
By Ramishah Maruf, CNN Business The Ahmaud Arbery trial may not have happened without Larry Hobbs, a writer and reporter at The Brunswick News in…
Continue Reading Cryptocurrency exchange Coinstore enters India despite pending curbs on trade
Reuters Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing…
Continue Reading Facing shortages, Canada taps its strategic reserves of maple syrup
By Ramishah Maruf, CNN Business Amid shortages, Canada is tapping into its strategic reserves. This time, for maple syrup. The Quebec Maple Syrup…
Continue Reading The job market is looking way better. It’s still playing catch-up
By Julia Horowitz, CNN Business More than 20 months into the pandemic, the US job market has reached a milestone. What’s happening: Weekly…
Continue Reading Going to the store may be your smartest bet to navigate the supply chain crisis this holiday
By Nathaniel Meyersohn, CNN Business Video by Sofia Barrett, CNN Business The supply chain crisis means last-minute gift buyers may have little…
Continue Reading These major chains boomed as small retailers had to close up shop
by Nathaniel Meyersohn, CNN Business Many Americans are shopping small Saturday to support mom-and-pop clothing, toy, furniture, sporting goods,…
Continue Reading Craft beer might get even more expensive
By Alicia Wallace, CNN Business Your next can of craft beer might be a lot more expensive. Ball Corp., one of the world’s largest suppliers of…
Continue Reading These major chains boomed as small retailers had to close up shop
By Nathaniel Meyersohn, CNN Business Many Americans are shopping small Saturday to support mom-and-pop clothing, toy, furniture, sporting goods,…
Continue Reading Black Friday bounces back from 2020. Shoppers hit stores again
By Nathaniel Meyersohn, CNN Business Black Friday doesn’t carry the significance it once did for many US shoppers — blame the rise of online…
Continue Reading Some Old Spice and Secret deodorants recalled after cancer-causing chemical is detected
By Jackie Wattles, CNN Business Procter & Gamble Co. issued a recall for more than a dozen Old Spice and Secret-branded aerosol deodorants and…
Continue Reading Thanksgiving weekend offers a box office feast for kids and adults
By Frank Pallotta, CNN Business This Thanksgiving weekend is offering a box office feast with two genres that have been lacking on the menu so far…
Continue Reading Thanksgiving weekend offers a box office feast for kids and adults
By Frank Pallotta, CNN Business This Thanksgiving weekend is offering a box office feast with two genres that have been lacking on the menu so far…
Continue Reading Global markets brace for a nervous week over Omicron concerns
By Michelle Toh and Mark Thompson, CNN Business Stocks in Asia fell on Monday while European markets and US futures edged higher as investors…
Continue Reading Dow logs worst day in over a year as fears over new Covid-19 variant grip global markets
By Anneken Tappe Wall Street was in a frenzy on Black Friday as stocks around the world tumbled in the face of a new Covid-19 variant. US equities…
Continue Reading SoftBank hit by report that China may force Didi to quit Wall Street
By Laura He, CNN Business Shares of SoftBank plunged about 5% in Tokyo on Friday after Chinese regulators reportedly asked Didi to delist from the…
Continue Reading Stocks and oil plunge as new Covid variant fears slam global markets
By Laura He and Mark Thompson, CNN Business Stocks fell and oil prices plunged more than 10% on Friday as the emergence of a new Covid-19 variant…
Continue Reading Indian farmers forced Modi to back down on new laws. So why aren’t they going home?
By Esha Mitra and Rhea Mogul CNN Santosh Singh’s earliest memory is of tilling soil on his family’s farm. Now, the 70-year-old…
Continue Reading This could finally be Sears’ and Kmart’s last holiday shopping season
By Chris Isidore, CNN Business This Black Friday could very likely be the start of the final holiday shopping season for Sears and Kmart, two brands…
Continue Reading Ikea is offering a tiny apartment in Tokyo for less than $1 per month
By Jack Guy and Junko Ogura, CNN Business Swedish retailer Ikea is becoming a landlord in Japan with a tiny apartment it will rent out in Tokyo. The…
Continue Reading Country where 54 percent of adults drink alcohol once a week may run out of liquor for Christmas
By Walé Azeez, CNN Business Shops in the United Kingdom could run short of wine and liquor ahead of Christmas because there aren’t enough…
Continue Reading Germany is giving nearly two million workers a 25% pay rise
By Julia Horowitz, CNN Business Almost 2 million workers in Europe’s biggest economy are set for a big pay rise. Three German political parties…
Continue Reading Jamie Dimon says he regrets joking about the Chinese Communist Party
By Michelle Toh, CNN Business Jamie Dimon is trying to take back a joke about China and its powerful political machine. Speaking at an event in…
Continue Reading This tax would make wealthy corporations pay their fair share
Opinion by Reuven Avi-Yonah for CNN Business Perspectives Corporate America has perfected the art of dodging the taxes that everyone else pays. From…
Continue Reading How to financially prepare to quit your job
By Kathryn Vasel, CNN Business Millions of Americans are leaving their jobs these days — and they don’t always have another one lined up.…
Continue Reading This startup wants you to like coffee-free coffee
By Danielle Wiener-Bronner, CNN Business Beyond Meat and Impossible Foods have persuaded customers to dig into cow-free burgers. Atomo Coffee wants…
Continue Reading This startup wants you to like coffee-free coffee
By Danielle Wiener-Bronner, CNN Business Beyond Meat and Impossible Foods have persuaded customers to dig into cow-free burgers. Atomo Coffee wants…
Continue Reading John Deere posts record profit despite strike
By Chris Isidore, CNN Business John Deere posted record annual income Wednesday despite the recently concluded five-week worker strike, and it…
Continue Reading Inflation isn’t going away. Here’s how to make money from it
By Paul R. La Monica, CNN Business Nobody in their right mind likes to pay higher prices for stuff. But if you’re an investor, there is a way…
Continue Reading Jobless claims hit lowest level since 1969
By Anneken Tappe, CNN Business Weekly claims for unemployment benefits finally fell below their pre-pandemic levels, according to data from the Labor…
Continue Reading Going to the store may be your smartest bet to navigate the supply chain crisis this holiday
The supply chain crisis means last-minute gift buyers may have little choice but to go shopping the old-fashioned way this holiday…
Continue Reading Turkey is going its own way on inflation. The lira is crashing
By Julia Horowitz, Isil Sariyuce and Jomana Karadsheh, CNN Business Turkey is plunging into a fresh currency crisis as investors dump the lira in…
Continue Reading Thanksgiving gas prices are the highest since 2012
Drivers hitting the road this Thanksgiving will be greeted by the highest prices at the pump in nearly a…
Continue Reading Gap lost $300 million in sales because of supply chain mess
By Parija Kavilanz, CNN Business Gap said it lost $300 million in sales heading into the holiday season because of Covid-related factory closures,…
Continue Reading Thanksgiving gas prices are the highest since 2012
By Matt Egan Drivers hitting the road this Thanksgiving will be greeted by the highest prices at the pump in nearly a decade. The average prices…
Continue Reading Going to the store may be your smartest bet to navigate the supply chain crisis this holiday
By Nathaniel Meyersohn, CNN Business Video by Sofia Barrett, CNN Business The supply chain crisis means last-minute gift buyers may have little…
Continue Reading Kiss those juicy post-holiday clearance sales goodbye
By Parija Kavilanz, CNN Business If you’re the kind of shopper who holds out for the bigger and better year-end deals after Christmas, you…
Continue Reading Jobless claims hit lowest level since 1969
By Anneken Tappe, CNN Business Weekly claims for unemployment benefits finally fell below their pre-pandemic levels, according to data from the Labor…
Continue Reading A key measure of inflation rose to a 31-year high in October
By Anneken Tappe, CNN Business US price surges eased in the third quarter of the year. But they climbed to a more than 30-year high in October —…
Continue Reading The global economy buckles up for another uncertain winter
By Julia Horowitz, CNN Business Economists around the world are closely watching a resurgence of coronavirus cases across Europe for signs of what…
Continue Reading India sows confusion with plan to ban ‘private cryptocurrencies’
By Diksha Madhok, CNN Business India is flirting with a ban on cryptocurrencies. Prime Minister Narendra Modi’s government on Tuesday said that…
Continue Reading Covid surge threatens Europe’s economic recovery
By Julia Horowitz, CNN Business A resurgence of coronavirus cases across Europe is feeding fears that the region’s strong economic recovery…
Continue Reading Jamie Dimon says he regrets joking about the Chinese Communist Party
By Michelle Toh, CNN Business Jamie Dimon is trying to take back a joke about China and its powerful political machine. Speaking at an event in…
Continue Reading A silent killer is choking India’s capital. For millions, there’s no choice but to breathe it in
By Esha Mitra and Rhea Mogul, CNN Gulpreet Singh begs for food from a dirty hemp mat spread on the sidewalk outside Delhi’s South Campus metro…
Continue Reading Why Biden’s bid to lower gas prices is more of a Band-Aid than a game changer
By Matt Egan, CNN Business For months, OPEC and its allies refused pleas from Washington and other world capitals to pump more oil. Now, a US-led…
Continue Reading Ohio jury finds pharmaceutical chains responsible in precedent-setting opioid suit
By Evan Simko-Bednarski, CNN A jury in Ohio ruled Tuesday that three major pharmaceutical chains bore responsibility for the opioid epidemic in two…
Continue Reading Best Buy CEO: Jump in theft is traumatizing staff
By Parija Kavilanz, CNN Business Best Buy CEO Corie Barry said theft is a growing problem at the company’s stores — and it is implementing…
Continue Reading Holiday travel is always a nightmare, but this year will be worse
By Chris Isidore, CNN Business The holiday travel season is off to a relatively smooth start, with good weather and few canceled flights. But many in…
Continue Reading Stores are closing on Thanksgiving, but thousands of retail staff are still working
By Nathaniel Meyersohn, CNN Business Store workers at major US chains are getting to spend Thanksgiving at home as more retailers decide to close…
Continue Reading Best Buy CEO: Jump in theft is traumatizing staff
By Parija Kavilanz, CNN Business Best Buy CEO Corie Barry said theft is a growing problem at the company’s stores — and it is implementing…
Continue Reading Not just the supply chain: Going green is hiking prices, too
By Paul R. La Monica, CNN Business President Biden and Federal Reserve chair Jerome Powell are committed to fighting inflation. But the two may face…
Continue Reading A key measure of inflation rose to a 31-year high in October
By Anneken Tappe, CNN Business US price surges eased in the third quarter of the year. But they climbed to a more than 30-year high in October —…
Continue Reading China is joining the US and other countries in tapping emergency oil reserves
By Walé Azeez, CNN Business China confirmed on Wednesday that it would join the United States and other major energy-consuming nations in releasing…
Continue Reading Here’s how your gas could hit $5 a gallon
By Matt Egan, CNN Business The surge in oil prices this year has angered drivers, tainted Americans’ views on the economy and confounded both…
Continue Reading The surprising reason why Ocean Spray cranberry sauce labels are upside-down
By Jordan Valinsky, CNN Business Perhaps one of the greatest mysteries of Thanksgiving is the cranberry sauce — and we’re not talking about…
Continue Reading Breakfast is going to be more expensive next year
Expect to pay more for some of your favorite cereals, snacks, soups and cooking brands next…
Continue Reading Dollar Tree hikes prices 25%. Most items will cost $1.25
Dollar Tree will soon be $1.25…
Continue Reading Dollar Tree hikes prices 25%. Most items will cost $1.25
By Nathaniel Meyersohn, CNN Business Dollar Tree will soon be $1.25 tree. The company — one of America’s last remaining true dollar stores…
Continue Reading Jeff Bezos’ rocket company, Blue Origin, to send Michael Strahan to edge of space
By Jackie Wattles, CNN Business Jeff Bezos’ rocket company, Blue Origin, announced that it would be launching Good Morning America host Michael…
Continue Reading Breakfast is going to be more expensive next year
By Nathaniel Meyersohn, CNN Business Expect to pay more for some of your favorite cereals, snacks, soups and cooking brands next year. General Mills…
Continue Reading This UK bank has moved to a four-day work week without cutting pay
By Anna Cooban, CNN Business A British bank has adopted a four-day work week for all its employees without cutting pay, saying it’s the largest…
Continue Reading Why Jay Powell’s second Fed term could be even tougher than his first
By Julia Horowitz, CNN Business The news moves fast. Yesterday, we looked at whether President Joe Biden would reappoint Federal Reserve Chair Jerome…
Continue Reading Paytm is still struggling to convince investors after disastrous IPO
By Jill Disis, CNN Business Paytm is starting to stage a recovery from its disastrous stock market debut last week, but the digital payments firm…
Continue Reading Tucker Carlson exalts Kyle Rittenhouse during first post-verdict interview: He’s a ‘sweet kid’
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 Tucker Carlson exalts Kyle Rittenhouse during first post-verdict interview: He’s a ‘sweet kid’
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 At least 35 dead after heavy rain batters south India
By Manveena Suri, CNN At least 35 people have been killed and dozens more remain missing after heavy rains battered parts of southern India,…
Continue Reading Exclusive: House Democrats call for Biden to ban oil exports and tap emergency reserves
By Matt Egan, CNN Business Nearly a dozen Congressional Democrats are urging President Joe Biden to combat high gas prices by not only releasing…
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