Surging prices show the Fed must continue its tough battle against inflation
By Alicia Wallace, CNN Business A key inflation report showed consumer prices came in hotter than expected in September, punishing Americans and…
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Social Security recipients get 8.7% cost-of-living increase, the highest in more than 40 years
By Tami Luhby, CNN Social Security recipients will receive an annual cost-of-living adjustment of 8.7% next year, the largest increase since 1981,…
Continue Reading Americans have largely avoided health care inflation so far — but that’s about to change
By Tami Luhby, CNN Although Americans have been paying a lot more at the pump and the supermarket this year, they have largely been spared from price…
Continue Reading High levels of toxic chemical found in sports bras, watchdog warns
By Parija Kavilanz, CNN Business New testing on a variety of popular branded sports bras and athletic wear has revealed high levels of BPA, a…
Continue Reading FCC could ban all new purchases of Huawei and ZTE telecom gear
By Brian Fung, CNN The US government is poised to ban all future telecom equipment produced by Huawei and ZTE, two Chinese technology giants, from…
Continue Reading How much will Sandy Hook parents actually get from Alex Jones?
By Chris Isidore, CNN Business Alex Jones owes $965 million to eight family members of Sandy Hook shooting victims and a first responder. But it is…
Continue Reading Last chance to lock in a nearly 10% return on your savings
By Jeanne Sahadi, CNN Business Inflation is soaring, markets are down and savings rates are still very low. But there’s one investment that…
Continue Reading More than 100,000 UK postal workers begin holiday season strikes
By Anna Cooban, CNN Business Postal workers in the United Kingdom are walking out during the busiest period of the year to demand higher pay as…
Continue Reading Opinion: It’s time for employers to stop caring so much about college degrees
Opinion by Ryan Roslansky and Byron Auguste for CNN Business Perspectives The urgent business case for finding new ways of hiring has never been…
Continue Reading Apple store workers in Oklahoma to vote on labor union
By Catherine Thorbecke, CNN Business Apple workers in Oklahoma City are set to vote this week on whether to form the second-ever labor union at one…
Continue Reading Federal appeals court pauses Texas social media law’s enforcement amid looming Supreme Court petition
By Brian Fung, CNN A federal appeals court has agreed to suspend enforcement of Texas’ social media law restricting content moderation, in the…
Continue Reading Federal appeals court pauses Texas social media law’s enforcement amid looming Supreme Court petition
By Brian Fung, CNN A federal appeals court has agreed to suspend enforcement of Texas’ social media law restricting content moderation, in the…
Continue Reading Weather forces delay for NASA astronauts returning from space station on SpaceX capsule
By Jackie Wattles, CNN Four astronauts are scheduled to return home from the International Space Station this week, capping off a nearly six-month…
Continue Reading OPEC could tip the world economy into recession, warns IEA
By Hanna Ziady, CNN Business Western governments are furious after OPEC+ decided last week to slash oil production by the largest amount since the…
Continue Reading Jury decides conspiracy theorist Alex Jones should pay nearly $1 billion in damages to Sandy Hook families for his lies about the school massacre
By Oliver Darcy, CNN Business Far-right talk show host Alex Jones should pay eight families of Sandy Hook Elementary School shooting victims and one…
Continue Reading The 2024 Chevy Trax is GM’s new take on its cheapest SUV
By Peter Valdes-Dapena, CNN Business General Motors unveiled a new, slightly bigger redesigned version of its cheapest entry-level SUV, the Trax. The…
Continue Reading Budweiser’s Clydesdale herd grows by two
By Jordan Valinsky, CNN Business The family of Budweiser Clydesdales is growing. Warm Springs Ranch in Missouri, which breeds the iconic horses,…
Continue Reading SpaceX books another ride for a millionaire around the moon
By Jackie Wattles, CNN SpaceX said Wednesday that it has booked yet another mission around the moon for a wealthy thrill-seeker on its forthcoming…
Continue Reading Jury decides conspiracy theorist Alex Jones should pay nearly $1 billion in damages to Sandy Hook families for his lies about the school massacre
By Oliver Darcy, CNN Business Far-right talk show host Alex Jones should pay eight families of Sandy Hook Elementary School shooting victims and one…
Continue Reading Heating costs forecast to soar this winter
By Chris Isidore, CNN Business No matter how you heat your home, the cost of that heat is likely to soar, according to a forecast Wednesday from the…
Continue Reading Saudis aren’t weaponizing oil like Americans claim, top official says
By Joshua Berlinger, CNN Saudi Minister of State for Foreign Affairs Adel al-Jubeir said his country partnered with Russia to slash oil production in…
Continue Reading Saudis aren’t weaponizing oil like Americans claim, top official says
By Joshua Berlinger, CNN Saudi Minister of State for Foreign Affairs Adel al-Jubeir said his country partnered with Russia to slash oil production in…
Continue Reading Microsoft unveils $4,299 Surface desktop computer
By Samantha Murphy Kelly, CNN Business Microsoft’s most expensive Surface device is about to get even pricier. At a press event on Wednesday,…
Continue Reading This key inflation measure shows prices rose faster than expected last month
By Chris Isidore, CNN Business A key measure of inflation increased faster than expected in September, raising concerns that the Federal…
Continue Reading Markets are worried the Fed is going too far
By Nicole Goodkind, CNN Business A closely watched measure of inflation in the United States is expected to tick higher in September even as the…
Continue Reading Subway, offering a rare glimpse at its finances, says it’s hitting record sales
By Jordan Valinsky, CNN Business Subway says its most extensive menu makeover in the company’s nearly 60-year history is paying off. Sales at…
Continue Reading The Fed only cares about inflation. That’s bad news for you
By Paul R. La Monica, CNN Business Jerome Powell and other members of the Federal Reserve are obsessed with choking off inflation once and for all,…
Continue Reading This Canadian community just unveiled a statue dedicated to … Cheeto dust
By Zoe Sottile, CNN The bright orange, sticky residue that Cheetos leave on your fingertips has now been immortalized — by a 17-foot statue in…
Continue Reading CVS drops prices on its tampons and will pay the ‘pink tax’
By Nathaniel Meyersohn, CNN Business CVS will reduce prices on its store-branded menstrual products nationwide and pay the sales taxes on those…
Continue Reading A tweet launched an investigation into Tesla’s Autopilot software
By Matt McFarland, CNN Business Green, an influential Twitter account with a track record of revealing insights about Tesla from software analysis,…
Continue Reading France tries to break oil refinery strike as drivers line up for gas
By Hanna Ziady, CNN Business The French government has ordered staff at an ExxonMobil refinery to return to work, taking the extraordinary measure…
Continue Reading The Children’s Place just went full grown-up
By Parija Kavilanz, CNN Business Let’s admit it: Adults have basically been dressing like kids these past two years — opting for comfy PJs,…
Continue Reading Starbucks customers can now earn Delta SkyMiles
By Jordan Valinsky, CNN Business Starbucks customers can now earn more than just “stars” for their purchases. Beginning Wednesday, the…
Continue Reading Amazon Labor Union faces next showdown in upstate New York
By Catherine Thorbecke, CNN Business In April, a grassroots worker group made history by gaining enough votes to form the first US union at an Amazon…
Continue Reading Markets are worried the Fed is going too far
By Nicole Goodkind, CNN Business A closely watched measure of inflation in the United States is expected to tick higher in September even as the…
Continue Reading Alleged rapist and his mother set teenage girl on fire after learning she was pregnant, Indian police say
By Rhea Mogul, Swati Gupta and Manveena Suri, CNN A 15-year-old girl is being treated at a hospital in northern India after she was allegedly set on…
Continue Reading Meta calls out news outlet, says it published stories based on fabricated documents
By Oliver Darcy, CNN Business It is not unusual for Meta to aggressively push back on articles. And it’s not unusual for publications to stand…
Continue Reading Meta calls out news outlet, says it published stories based on fabricated documents
By Oliver Darcy, CNN Business It is not unusual for Meta to aggressively push back on articles. And it’s not unusual for publications to stand…
Continue Reading Elon Musk denies claim he spoke to Vladimir Putin about the war in Ukraine
By Natasha Bertrand and Jessie Yeung, CNN Tesla CEO Elon Musk has denied a claim that he spoke directly to Russian President Vladimir Putin in recent…
Continue Reading Meta’s newest VR headset is impressive. Here’s why you probably won’t buy it
By Rachel Metz, CNN Business Meta’s newest virtual-reality headset, the Meta Quest Pro, is a slick, powerful device. It can display text and…
Continue Reading Saudi Arabia and OPEC risk causing a US recession, Sen. Blumenthal says
By Matt Egan, CNN OPEC and its allies have defended their decision to slash oil production by arguing they are trying to prepare for a potential…
Continue Reading TikTok wants to open warehouses
By Catherine Thorbecke, CNN Business While seemingly every social media app is copying TikTok, TikTok now appears to be copying Amazon’s…
Continue Reading Meta’s newest VR headset is impressive. Here’s why you probably won’t buy it
By Rachel Metz, CNN Business Meta’s newest virtual-reality headset, the Meta Quest Pro, is a slick, powerful device. It can display text and…
Continue Reading Don’t worry, there’s still hope for the stock market
By Paul R. La Monica, CNN Business The back-to-back, huge market rallies of last week may seem like a distant memory to investors after stocks slid…
Continue Reading Proposed labor rule could give millions of gig workers employee status
By Vanessa Yurkevich, CNN The Biden administration is proposing a new labor rule that could classify millions of gig workers as employees — a move…
Continue Reading Confused drivers think they have ‘self-driving’ cars. That’s dangerous, an insurance group warns
By Matt McFarland, CNN Business Drivers are putting too much trust in their vehicles’ driver-assist features, which may lead to dangerous…
Continue Reading Markets won’t go back to normal until the Fed stops hiking rates
By Nicole Goodkind, CNN Business Stocks lost ground again on Monday following a turbulent week that saw market volatility at its bumpiest level since…
Continue Reading How to be a smart holiday shopper
By Nathaniel Meyersohn, CNN Business It’s only October, but holiday shopping promotions are here with retailers bringing out the Christmas…
Continue Reading ‘The worst is yet to come’: IMF issues stark recession warning
By Julia Horowitz, CNN Business The International Monetary Fund has once again downgraded its forecast for the global economy with a sharp warning:…
Continue Reading Don’t worry, there’s still hope for the stock market
By Paul R. La Monica, CNN Business The back-to-back, huge market rallies of last week may seem like a distant memory to investors after stocks slid…
Continue Reading Honda and LG are spending $3.5 billion to build a battery factory in Ohio
By Peter Valdes-Dapena, CNN Business Honda and South Korean battery maker LG Energy Solutions are investing $3.5 billion to build a joint venture…
Continue Reading Tens of thousands likely jobless after Hurricane Ian, economists say
Martha C. White for CNN Business Hurricane Ian’s devastating impact will be felt for weeks and months to come, especially in the state of…
Continue Reading Tens of thousands likely jobless after Hurricane Ian, economists say
Martha C. White for CNN Business Hurricane Ian’s devastating impact will be felt for weeks and months to come, especially in the state of…
Continue Reading Jake Tapper to sit down with President Joe Biden Tuesday night 9 p.m. ET
By CNN Staff Jake Tapper, CNN’s chief Washington correspondent and anchor, is set to kick off his new show Tuesday evening by sitting down to…
Continue Reading Jake Tapper to sit down with President Joe Biden Tuesday night 9 p.m. ET
By CNN Staff Jake Tapper, CNN’s chief Washington correspondent and anchor, is set to kick off his new show Tuesday evening by sitting down to…
Continue Reading How to be a smart holiday shopper
By Nathaniel Meyersohn, CNN Business It’s only October, but holiday shopping promotions are here with retailers bringing out the Christmas…
Continue Reading GM is starting an energy storage subsidiary to take on the Tesla Powerwall
By Peter Valdes-Dapena, CNN Business General Motors is starting its own energy storage business using its Ultium battery packs to power homes and…
Continue Reading Bank of England warns risk of UK financial crisis hasn’t gone away
By Mark Thompson, CNN Business For the second time in two days, the Bank of England has been forced to offer extra support to UK markets still…
Continue Reading $4 gas could be coming — again
By Chris Isidore, CNN Business Here’s the bad news first: Gas prices are on the rise in most of the US and could soon hit a national average of…
Continue Reading The threat of a freight railroad strike is back
By Chris Isidore and Vanessa Yurkevich, CNN Business A union of railroad track maintenance workers has rejected a tentative agreement with the…
Continue Reading William Shatner on traveling to space: ‘All I saw was death’
By Jackie Wattles, CNN Astronauts have for decades described their trips to space as “breathtaking” and humbling, a reminder of the…
Continue Reading Elon Musk commissioned this bot analysis in his fight with Twitter. Now it shows what he could face if he takes over the platform
By Clare Duffy and Brian Fung, CNN Business Spam and fake accounts are more prevalent on Twitter than on comparable social platforms, according to a…
Continue Reading US economy will soon start losing 175,000 jobs a month, Bank of America warns
By Matt Egan, CNN The Federal Reserve’s fight to squash inflation will cause the US economy to start losing tens of thousands of jobs a month…
Continue Reading Stocks dip after JPMorgan Chase CEO Jamie Dimon warns of recession
By Paul R. La Monica, CNN Business So much for a sleepy Columbus Day on Wall Street. Stocks weren’t doing much Monday morning but took a turn…
Continue Reading How not to run out of money in retirement
By Jeanne Sahadi, CNN Business No one wants to run out of money before they die. But making sure your nest egg will last is a challenge because…
Continue Reading White-collar workers are feeling the brunt of the Fed’s rate hikes. Here’s why
By Nicole Goodkind, CNN Business September’s hotly anticipated jobs data ended up cooling markets on Friday. Stocks fell sharply as investors…
Continue Reading The simple reason why Trader Joe’s doesn’t deliver
By Nathaniel Meyersohn, CNN Business Online ordering is kind of a big thing these days, if you haven’t heard yet, and just about every…
Continue Reading ‘Game of Thrones’ ended with a thud. But ‘House of the Dragon’ has caught fire
By Frank Pallotta, CNN Business HBO has created a kingdom of hits, with none as popular as “Game of Thrones.” But “Game of…
Continue Reading Get ready for some earnings
By Paul R. La Monica, CNN Business There’s lots of anxiety swirling about a possible recession. Is Corporate America starting to get nervous,…
Continue Reading Columbus Day and Indigenous People’s Day 2022: Here’s what’s open and closed
By Ramishah Maruf Columbus Day, and now Indigenous People’s Day, will be observed on Monday, October 10 this year, and while some will have the…
Continue Reading McDonald’s announces return of Halloween pails — just in time for trick-or-treating
By Zoe Sottile, CNN What’s spookier than a bit of Halloween-themed nostalgia? McDonald’s has announced the return of its retro Halloween…
Continue Reading Amazon will invest $970 million in electric vehicles for its European fleet
By Chris Isidore, CNN Business Amazon said Monday it plans to spend €1 billion, or $972 million, on electric vehicles for its European fleet. The…
Continue Reading Nikki Finke, veteran Hollywood journalist, has died
By Jordan Valinsky, CNN Business Nikki Finke, the sharp-tongue Hollywood journalist famous for her seemingly non-stop scoops, has died. She was 68.…
Continue Reading Elon Musk’s unsolicited idea for Taiwan welcomed by Beijing, slammed in Taipei
By Rhea Mogul, CNN As tensions between China and Taiwan simmer at their highest point in decades, officials in both places have clashed in recent…
Continue Reading UK brings budget forward in another attempt to reassure markets
By Hanna Ziady, CNN Business UK Finance Minister Kwasi Kwarteng will try to avoid spooking investors a second time when he publishes details of plans…
Continue Reading Nobel Prize in economics awarded to trio including Ben Bernanke for work on financial crises
By Julia Horowitz, CNN Business Former Federal Reserve Chair Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel Prize in…
Continue Reading Gautam Adani was a college dropout. Now he may be too big to fail
By Diksha Madhok, CNN Business On a late August evening in New Delhi, journalists’ phones started buzzing with messages. Indian billionaire…
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Elon Musk’s unsolicited idea for Taiwan welcomed by Beijing, slammed in Taipei
By Rhea Mogul, CNN As tensions between China and Taiwan simmer at their highest point in decades, officials in both places have clashed in recent…
Continue Reading Air France and Airbus charged with involuntary homicide for Rio-Paris crash in 2009
By Jim Bittermann, CNN The trial of two of France’s biggest companies began Monday over the crash of Air France flight 447 in 2009 that killed…
Continue Reading The Bank of England is still trying to put out the fire Liz Truss started
By Julia Horowitz, CNN Business The Bank of England announced Monday that it would provide extra support to UK markets, beefing up its efforts to…
Continue Reading China’s holiday spending plunges to seven-year low as zero-Covid batters consumer confidence
By Laura He, CNN Business Holiday spending during China’s Golden Week has plunged to its lowest level in seven years, as broad Covid curbs…
Continue Reading China’s holiday spending plunges to seven-year low as zero-Covid batters consumer confidence
By Laura He, CNN Business Holiday spending during China’s Golden Week has plunged to its lowest level in seven years, as broad Covid curbs…
Continue Reading North Hollywood strippers set to vote on joining a union
By Natasha Chen, CNN Strippers at the Star Garden topless dive bar in North Hollywood will soon receive ballots to hold an election for collective…
Continue Reading This Canadian community just unveiled a statue dedicated to … Cheeto dust
By Zoe Sottile, CNN The bright orange, sticky residue that Cheetos leave on your fingertips has now been immortalized — by a 17-foot statue in…
Continue Reading Made in America is back, leaving US factories scrambling to find workers
By Chris Isidore and Christine Romans, CNN US factories are humming, and manufacturers are scrambling to find workers as the pace of hiring hits…
Continue Reading ‘SNL’ sends contestants over the edge with ‘So You Think You Won’t Snap!’
By Kelly McCleary, CNN “Saturday Night Live” opened its show this week by testing the temperament of contestants being read news…
Continue Reading ‘SNL’ sends contestants over the edge with ‘So You Think You Won’t Snap!’
By Kelly McCleary, CNN “Saturday Night Live” opened its show this week by testing the temperament of contestants being read news…
Continue Reading Exxon illegally fired two scientists suspected of leaking information to WSJ, Labor Department says
By Ramishah Maruf, CNN ExxonMobil has been ordered to reinstate two scientists who were fired after being suspected of leaking information to The…
Continue Reading Rivian recalling 12,000 vehicles for loose bolt
By Peter Valdes-Dapena, CNN Business Rivian, the Irvine, California-based electric vehicle company, is recalling nearly all the vehicles it has…
Continue Reading How meltdown in a $1 trillion market brought the UK to the brink of a financial crisis
By Julia Horowitz, CNN Business Pension funds are designed to be dull. Their singular goal — earning enough money to make payouts to retirees —…
Continue Reading Low-price grocers like Aldi are winning as consumers trade down
By Danielle Wiener-Bronner, CNN Business With grocery prices soaring, consumers are changing the way they shop for food. That’s great news for…
Continue Reading Another supply chain crisis: Barge traffic halted on Mississippi River by lowest water levels in a decade
By Chris Isidore, Amanda Watts, Judson Jones and Brandon Miller, CNN Business The lowest water levels in the Mississippi River in a decade, caused by…
Continue Reading The fate of Elon Musk’s deal to buy Twitter now comes down to the money
By Clare Duffy, CNN Business The countdown is now on for Elon Musk and Twitter to close their $44 billion acquisition deal by October 28 or be forced…
Continue Reading Elon Musk now owns Twitter. Here’s what he could change
By Clare Duffy, CNN Business After spending months attempting to get out of his deal to buy Twitter, Elon Musk officially owns the hugely influential…
Continue Reading Binance-linked blockchain hit by $570 million crypto theft
By Jennifer Korn Binance, which describes itself as the largest crypto exchange by trading volume, is the latest company to be impacted by a major…
Continue Reading Tesla set to deliver long-delayed electric trucks to Pepsi in December
By Matt McFarland, CNN Business Tesla CEO Elon Musk said Thursday that production of its Semi truck has begun, and deliveries to one customer, Pepsi,…
Continue Reading Rocketing energy costs are savaging German industry
By Anna Cooban, CNN Business Germany is bracing itself for a rough winter as soaring energy prices threaten to leave permanent scars on its…
Continue Reading The US job market remains robust, but is showing signs of cooling
By Alicia Wallace, CNN Business The fever hasn’t broken yet for America’s employment market, but the temperature is coming down.…
Continue Reading Made in America is back, leaving US factories scrambling to find workers
By Chris Isidore and Christine Romans, CNN US factories are humming, and manufacturers are scrambling to find workers as the pace of hiring hits…
Continue Reading Hurricane Ian deals a devastating blow to the uninsured
By Chris Isidore, CNN Business Homeowners could be hit with as much as $17 billion in uninsured losses due to flooding from Hurricane Ian due to the…
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