The stock market is a ‘superbubble’ about to burst, top hedge fund manager warns
By Paul R. La Monica, CNN Business Stocks are off to a tough start this year. The tech-heavy Nasdaq is already in a correction, a more than 10% drop.…
Continue ReadingBy Paul R. La Monica, CNN Business Stocks are off to a tough start this year. The tech-heavy Nasdaq is already in a correction, a more than 10% drop.…
Continue ReadingOpinion by Karin Kimbrough for CNN Business Perspectives Entering year three of the pandemic, the labor market today looks markedly different from…
Continue ReadingBy Parija Kavilanz, CNN Business Just after Thanksgiving, Carmen Allen became alarmed by the jump in prices and shortages of food products at her…
Continue ReadingBy Paul R. La Monica, CNN Business Peloton had a disastrous 2021. But as impossible as it may seem, the exercise equipment company is arguably off to…
Continue ReadingBy Jeremy Harlan and Carma Hassan, CNN Business Nearly 8,000 workers at 78 King Soopers and City Market grocery stores in Colorado will return to…
Continue ReadingBy Joseph Ataman and Matt Egan, CNN TotalEnergies and Chevron are withdrawing from Myanmar because of the deteriorating situation in the country…
Continue ReadingBy Chris Isidore, CNN Business Jamie Dimon got a $3 million raise in 2021, JPMorgan Chase disclosed in a filing late Thursday. The raise boosts the…
Continue ReadingBy Paul R. La Monica, CNN Business Forget about all the boardroom intrigue on “Succession” and “Billions.” Real-life…
Continue ReadingBy Charles Riley, CNN Business When the coronavirus pandemic swept across the world in 2020, investors responded by pouring money into companies that…
Continue ReadingBy Paul R. La Monica, CNN Business Intel was once the undisputed king of the semiconductor industry until the chip giant lost momentum to rivals…
Continue ReadingBy Reuters Shares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licenses over environmental concerns, hurting the…
Continue ReadingBy Diksha Madhok, CNN Business Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look…
Continue ReadingBy Laura He, CNN Business Evergrande’s international creditors are losing patience. A group of the company’s overseas bondholders are…
Continue ReadingBy Chris Isidore, CNN Business Airline executives breathed a sigh of relief to their investors Thursday, saying they believe the threat to their…
Continue ReadingBy Pete Muntean The Federal Aviation Administration has cleared more commercial airliners — notably more smaller, regional jets — to fly…
Continue ReadingBy Clare Duffy, CNN Business Twitter on Thursday began rolling out a feature that will let some users set NFTs that they own as their profile picture…
Continue ReadingBy Matt McFarland, CNN Business Two leaders in motor vehicle safety testing said Thursday that they will rate the driver monitoring systems that are…
Continue ReadingBy Frank Pallotta, CNN Business Netflix‘s stock fell as much as 20% in after hours trading due to a bad outlook for its future growth. Netflix…
Continue ReadingBy Pete Muntean The Federal Aviation Administration has cleared more commercial airliners — notably more smaller, regional jets — to fly…
Continue ReadingBy Chris Isidore, CNN Business Airline executives breathed a sigh of relief to their investors Thursday, saying they believe the threat to their…
Continue ReadingBy Nathaniel Meyersohn, CNN Business You may think that store and restaurant workers in America who catch Covid-19 are staying home to recover and…
Continue ReadingOpinion by Mark Wolfe for CNN Business Perspectives Energy is an essential component of our day-to-day lives. We use it to cook our food, stay warm…
Continue ReadingBy Jordan Valinsky, CNN Business Peloton CEO John Foley acknowledged Thursday that the company is “considering all options” — including…
Continue ReadingBy Jordan Valinsky, CNN Business McDonald’s is selling a dessert that fans haven’t seen in about five years. Roughly 6,800 of its 14,000…
Continue ReadingBy Hannah Rabinowitz A federal judge on Thursday denied InfoWars host and right-wing conspiracy theorist Owen Shroyer’s attempt to dismiss the…
Continue ReadingBy Jordan Valinsky, CNN Business From M&Ms’ mascots becoming more inclusive to a bologna face mask, there was lots of wild food news this…
Continue ReadingBy Vanessa Yurkevich, CNN Business Wages are not keeping up with inflation. The price of cars has grown significantly faster than earnings, a new…
Continue ReadingBy Anneken Tappe, CNN Business The rebound just wasn’t meant to be. After rallying for much of the day, Wall Street’s major indexes…
Continue ReadingBy Anna Cooban, CNN Business Champagne houses are celebrating after sales and exports set new records last year even as pandemic lockdowns forced…
Continue ReadingBy Anna Bahney, CNN Business The real estate market was on fire last year, with the frenzied pace of sales activity pushing home prices to record…
Continue ReadingBy Anna Bahney, CNN Business In the third jump of 2022, mortgage rates rose to a high not seen since the early days of the pandemic. The 30-year…
Continue ReadingBy Anna Bahney, CNN Business The real estate market was on fire last year, with the frenzied pace of sales activity pushing home prices to record…
Continue ReadingBy Jordan Valinsky, CNN Business If the thought of using a slice of bologna as a moisturizing face mask was tempting, you’re out of luck —…
Continue ReadingBy Julia Horowitz, CNN Business The pandemic will continue to stoke uncertainty and inflation in its third year, undermining the global recovery from…
Continue ReadingBy Chris Isidore, CNN Business Both American Airlines and United Airlines reported better-than-expected financial results, despite problems brought…
Continue ReadingBy Charles Riley, CNN Business It’s been a year since President Joe Biden took the reins at the White House. How’s the stock market…
Continue ReadingBy Charles Riley, CNN Business It’s been a year since President Joe Biden took the reins at the White House. How’s the stock market…
Continue ReadingBy Matt Egan, CNN Business If Russia invades Ukraine, inflation-weary Americans will likely pay even higher prices at the pump. Oil prices have…
Continue ReadingBy Anna Cooban and Chris Liakos, CNN Business Major international airlines have resumed normal service after a slew of cancellations on Wednesday…
Continue ReadingBy Chris Isidore, CNN Business Relief from record high auto prices could be coming soon. But that doesn’t mean those prices will go back to…
Continue ReadingBy Frank Pallotta, CNN Business Netflix is set to report fourth-quarter earnings on Thursday. Typically, Wall Street’s eyes would be set…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Amazon has a new venture outside of e-commerce, cloud computing, content streaming, smart devices, Whole Foods,…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Amazon has a new venture outside of e-commerce, cloud computing, content streaming, smart devices, Whole Foods,…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business M&M’s branding is getting a refresh. The candy’s anthropomorphized chocolate characters are…
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 Laura He, CNN Business China keeps slashing lending rates as authorities ramp up their efforts to stave off a sharp economic slowdown. The…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Starbucks is no longer requiring employees to get vaccinated or submit to weekly testing, following the US…
Continue ReadingBy Jackie Wattles, Pete Muntean and Gregory Wallace, CNN The attempt to roll out amped up mobile service across the United States has been a bit of a…
Continue ReadingBy Jackie Wattles and Pete Muntean, CNN Potentially abysmal air travel interruptions were narrowly avoided this week when wireless carriers made a…
Continue Readingby Amanda Watts, CNN The biopharmaceutical company Gilead Sciences announced Wednesday a massive web of seizures across several states of…
Continue Readingby Amanda Watts, CNN The biopharmaceutical company Gilead Sciences announced Wednesday a massive web of seizures across several states of…
Continue ReadingBy Anneken Tappe, CNN Business Wall Street has had a rocky start to the year: Stocks again finished lower Wednesday and the Nasdaq Composite closed…
Continue ReadingBy Anneken Tappe, CNN Business Wall Street has had a rocky start to the year: Stocks again finished lower Wednesday and the Nasdaq Composite closed…
Continue ReadingWhen President Joe Biden walks out at 4pm ET to greet reporters assembled in the White House’s East Room, it will be the first formal press…
Continue ReadingOpinion by Chuck Collins for CNN Business Perspectives The pandemic has shone a spotlight on how inequality kills. As inequalities in income, wealth…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Coca-Cola is fighting for your attention. The company is unveiling a new look for flavored Coke products…
Continue ReadingBy Nathaniel Meyersohn, CNN Business It’s going to cost you more to wash your clothes. Procter & Gamble said Wednesday that it was raising…
Continue ReadingBy Samantha Murphy Kelly, CNN Business The next-generation of wireless technology is now even faster for 5G users in some parts of the country.…
Continue ReadingWith the trucking industry facing a shortage of qualified drivers, the US government is setting up an apprenticeship program for young truckers. The…
Continue ReadingBy Paul R. La Monica, CNN Business Microsoft’s massive acquisition of Activision Blizzard is notable for several reasons, not the least of…
Continue ReadingBy Paul R. La Monica, CNN Business Microsoft’s massive acquisition of Activision Blizzard is notable for several reasons, not the least of…
Continue ReadingBy Matt Egan, CNN Business From startlingly high inflation and empty grocery store shelves to elevated prices at the pump, Americans are frustrated…
Continue ReadingBy Matt Egan, CNN Business From startlingly high inflation and empty grocery store shelves to elevated prices at the pump, Americans are frustrated…
Continue ReadingBy Charles Riley and Joseph Ataman, CNN Business Major international airlines are canceling flights to the United States over aviation industry fears…
Continue ReadingBy Peter Valdes-Dapena, CNN Business With the trucking industry facing a shortage of qualified drivers, the US government is setting up an…
Continue ReadingBy Chris Liakos and Richard Quest, CNN The president of Emirates tells CNN that the airline was not aware of some of the potential 5G rollout issues…
Continue ReadingBy Samantha Murphy Kelly, CNN Business The next-generation of wireless technology is now even faster for 5G users in some parts of the country.…
Continue ReadingBy Jordan Valinsky, CNN Business The CEO of Better.com, best known for firing 900 employees over Zoom just before Christmas, is coming back to work.…
Continue ReadingBy Chris Liakos and Richard Quest, CNN The president of Emirates tells CNN that the airline was not aware of some of the potential 5G rollout issues…
Continue ReadingBy Julia Horowitz, CNN Business Persistently high inflation has dealt investors a wake-up call this year, sending them scrambling to re-engineer…
Continue ReadingBy Diksha Madhok, CNN Business Microsoft’s blockbuster purchase of video game developer Activision Blizzard could pose a serious threat for…
Continue ReadingBy Charles Riley, CNN Business UK consumer price inflation has surged to the highest level in three decades, heaping pressure on households already…
Continue ReadingBy Laura He, CNN Business China produced more coal than ever last year as its power stations struggled to meet demand for electricity, undermining…
Continue ReadingBy Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Charles Riley and Joseph Ataman, CNN Business Major international airlines are canceling flights to the United States over aviation industry fears…
Continue ReadingBy Michelle Toh, CNN Business Two of the world’s biggest video game companies are feeling the pressure as the console wars heat up. Shares of…
Continue ReadingBy Gregory Wallace, Pete Muntean and Michael Ballaban, CNN Major international airlines are scrambling to modify or cancel flights to the United…
Continue ReadingBy Paul R. La Monica, CNN Business It’s game on for video game mergers. Microsoft’s nearly $69 billion acquisition of the controversial…
Continue ReadingBy Clare Duffy, CNN Business The Federal Trade Commission and US Justice Department’s Antitrust Division on Tuesday announced a joint review of…
Continue ReadingBy Oliver Darcy, CNN Business Michelle Gotthelf, the former editor in chief of the New York Post’s digital operation, filed a lawsuit on…
Continue ReadingBy Frank Pallotta, CNN Business Stephen A. Smith returned to ESPN‘s “First Take” Monday after a bout with Covid-19, which the…
Continue ReadingBy Pete Muntean, CNN Business AT&T and Verizon announced Tuesday that they would delay activating 5G on some towers around certain airports. The…
Continue ReadingBy Jordan Valinsky, CNN Business Peloton says inflation and supply chain challenges have forced the company to hike the price of its flagship bike,…
Continue ReadingBy Anna Cooban, CNN Business The BBC has warned that it will be forced to slash services and cancel shows after the UK government froze its main…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Kohl’s can’t catch a break from Wall Street. For the second time in as many months and third time in…
Continue ReadingBy Frank Pallotta, CNN Business Stephen A. Smith returned to ESPN‘s “First Take” Monday after a bout with Covid-19, which the…
Continue ReadingBy Jennifer Korn and Clare Duffy, CNN Business Microsoft on Tuesday announced plans to acquire Activision Blizzard in a blockbuster deal worth nearly…
Continue ReadingBy Anneken Tappe, CNN Business Wall Street had another day in the red at the start of this shortened trading week as investors grapple with earnings…
Continue ReadingBy Jackie Wattles and Pete Muntean, CNN Potentially abysmal air travel interruptions were narrowly avoided this week when wireless carriers made a…
Continue ReadingBy Matt Egan, CNN Business Goldman Sachs is now calling for oil prices to hit $100 a barrel later this year and continue rising in 2023, signaling…
Continue ReadingBy Paul R. La Monica, CNN Business Goldman Sachs had a phenomenal year. But like many of its competitors on Wall Street, the numbers just…
Continue ReadingBy Julia Horowitz, CNN Business Every year, BlackRock CEO Larry Fink, one of the most powerful people in global finance, pens a letter to chief…
Continue ReadingBy Anneken Tappe, CNN Business Climate change policies have become front and center for companies — not only because of ethics and reputation, but…
Continue ReadingBy Matt Egan, CNN Business President Joe Biden’s 2022 is off to a dreadful start. Prices at the pump could make it even worse. Crude oil has…
Continue ReadingBy Charles Riley, CNN Business People are paying a lot more for food, gas, cars and services, and inflation isn’t over yet as the pandemic…
Continue ReadingBy Wayne Chang and Teele Rebane, CNN Business Hong Kong police have arrested and charged two former Cathay Pacific staffers for violating the…
Continue ReadingBy Laura He, CNN Business China is urging central banks in the West not to hike interest rates too fast to fight inflation as it goes in the other…
Continue ReadingBy Michelle Toh, CNN Business Starbucks is joining forces with Chinese tech giant Meituan to expand delivery options in its second biggest market.…
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