Film about conservative news figure Matt Drudge is underway
By Oliver Darcy, CNN Business A film about Matt Drudge is in the works. Prospect Park, the production company founded by entertainment industry…
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‘It’s war.’ Tensions remain high at first Amazon warehouse in US to unionize
By Catherine Thorbecke and Sara Ashley O’Brien, CNN Business In the two months since workers at an Amazon warehouse in Staten Island, New York,…
Continue Reading Average US gas price hits $5 for first time
By Chris Isidore, CNN Business For the first time ever, a gallon of regular gas now costs $5 on average nationwide, according to AAA’s Saturday…
Continue Reading Another big Fed rate hike is coming. But how many more after that?
By Paul R. La Monica, CNN Business The Federal Reserve is widely expected to raise interest rates by a half of a percentage point for the second…
Continue Reading Confused about the economy? Here’s what you need to know
By Allison Morrow, CNN Business Cardi B is asking the million-dollar question (Or the 20-trillion-dollar question, more precisely). “When…
Continue Reading Stocks are falling and prices are skyrocketing. Here’s how to protect your money
By Jeanne Sahadi, CNN Business Anyone expecting inflation to have peaked by now got a rude surprise last week. The latest inflation report showed…
Continue Reading Netflix green lights ‘Squid Game’ season 2
By Ramishah Maruf, CNN “Squid Game” is officially coming back. Netflix announced Sunday that the wildly popular South Korean show is…
Continue Reading Luxury home sales see biggest decline since the start of the pandemic
By Ramishah Maruf, CNN Even the wealthiest Americans are starting to feel the effects of economic uncertainty, as sales of luxury homes saw their…
Continue Reading Why Wendy’s founder named his burger empire after his daughter — and came to regret it
By Nathaniel Meyersohn, CNN Business Pam’s. Kenny’s. Molly’s. Lori’s. Melinda’s… Dave Thomas, a successful…
Continue Reading Where to hide in a bear market? Soda, peanut butter and tissues
By Paul R. La Monica, CNN Business Stocks plunged again Monday, extending Friday’s losses and officially pushed the S&P 500 into bear…
Continue Reading Opinion: 3 signs the labor market isn’t as great as it looks
Opinion by Beth Ann Bovino for CNN Business Perspectives As markets reel over fears that an inflation-induced recession is on the horizon, the jobs…
Continue Reading Opinion: 3 signs the labor market isn’t as great as it looks
Opinion by Beth Ann Bovino for CNN Business Perspectives As markets reel over fears that an inflation-induced recession is on the horizon, the jobs…
Continue Reading Men want pearls and they’re not afraid to wear them
By Parija Kavilanz, CNN Business Watch your pearls, ladies. The fellas are coming for them. Men are wearing pearl jewelry — necklaces, bracelets,…
Continue Reading The Fed may have to do something it hasn’t done since 1994 to tame inflation
By Paul R. La Monica, CNN Business Just one month ago, Federal Reserve chairman Jerome Powell said that the central bank was not “actively…
Continue Reading Dow tumbles 876 points and stocks enter bear market on worries of drastic rate hikes
By David Goldman, CNN Business US stocks have plunged into a bear market as Wall Street investors grew increasingly nervous about the prospect of…
Continue Reading Dow sinks 800 points and stocks enter bear market on worries of drastic rate hikes
By David Goldman, CNN Business US stocks plunged into bear market territory Monday morning as Wall Street investors grew increasingly nervous about…
Continue Reading Bitcoin plunges below $23,000 as the crypto meltdown continues
By Anna Cooban, CNN Business Bitcoin and other cryptocurrencies continued to slide Tuesday as investors bailed out of risky assets in anticipation of…
Continue Reading Tesla is trying an old trick to boost its stock. It may not work
By Julia Horowitz, CNN Business In recent years, when a company announced it was splitting its stock, Wall Street went wild. When Tesla revealed such…
Continue Reading Ikea is considering closing another store in China
By Laura He, CNN Business Ikea has already shut one store in mainland China this year and could close another in Shanghai in early July. The Swedish…
Continue Reading China is encouraging college graduates to work in the countryside
By Laura He, CNN Business China is urging college graduates to seek jobs in the countryside as youth unemployment in urban areas soars to the highest…
Continue Reading Global markets fall after rough week on Wall Street; yen hits two-decade-low
By Laura He and Mark Thompson, CNN Business Global markets and US stock futures fell early Monday, indicating a downbeat start to the trading week…
Continue Reading Global markets fall after rough week on Wall Street; yen hits two-decade-low
By Laura He and Mark Thompson, CNN Business Global markets and US stock futures fell early Monday, indicating a downbeat start to the trading week…
Continue Reading ‘He believes in what he’s doing:’ Wife of detained Kremlin critic speaks out
By Ramishah Maruf, CNN Writer Vladimir Kara-Murza is an outspoken critic of Vladimir Putin. He has made numerous television appearances, including…
Continue Reading ‘He believes in what he’s doing:’ Wife of detained Kremlin critic speaks out
By Ramishah Maruf, CNN Writer Vladimir Kara-Murza is an outspoken critic of Vladimir Putin. He has made numerous television appearances, including…
Continue Reading ‘Jurassic World: Dominion’ roars to big opening weekend at the box office
By Frank Pallotta, CNN Business The end of the Jurassic era arrived with a deafening roar at the box office. “Jurassic World: Dominion,”…
Continue Reading US consumers contend with double-digit price increases at the grocery store
by Chiara Grimes Americans are facing grocery store price hikes at levels not seen since the inflation-soaked 1970s, with double-digit increases on…
Continue Reading Going to space left William Shatner ‘weeping’ with grief
By Jackie Wattles, CNN Business William Shatner — the 90-year-old actor, presenter, spoken word poet, author, and, more recently, the oldest person…
Continue Reading Uber’s lost and found report includes tater tots, teeth and slime
By Emmy Abbassi, CNN Uber has released a list of items that passengers left behind in cars and it includes some truly bizarre things, like tater tots…
Continue Reading Average US gas price hits $5 for first time
By Chris Isidore, CNN Business For the first time ever, a gallon of regular gas now costs $5 on average nationwide, according to AAA’s Saturday…
Continue Reading Inflation is so high, even Snoop Dogg’s blunt roller got a raise
By Ramishah Maruf, CNN Business Inflation is hitting everyone hard — even Snoop Dogg. On Tuesday, the rapper tweeted that even his professional…
Continue Reading Tesla stock is about to get much cheaper
By David Goldman, CNN Business Tesla shares are about to get three times less expensive. The company announced Friday that its board approved a…
Continue Reading January 6 prime-time hearing watched by more than 20 million
By Brian Stelter, CNN Business More than 20 million TV viewers tuned in to Thursday’s prime-time presentation about the January 6 attack, and…
Continue Reading January 6 prime-time hearing watched by more than 20 million
By Brian Stelter, CNN Business More than 20 million TV viewers tuned in to Thursday’s prime-time presentation about the January 6 attack, and…
Continue Reading GM and Lockheed are expanding their moon buggy into a whole lunar lineup
By Peter Valdes-Dapena, CNN Business General Motors and Lockheed announced last year they were teaming up to work on a new lunar rover that would…
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GM and Lockheed are expanding their moon buggy into a whole lunar lineup
By Peter Valdes-Dapena, CNN Business General Motors and Lockheed announced last year they were teaming up to work on a new lunar rover that would…
Continue Reading One way to reduce the hit of higher mortgage rates
By Anna Bahney, CNN Business Mortgage rates have risen faster this year than they have in decades. The average 30-year fixed-rate mortgage has been…
Continue Reading Biden ally pushes Big Oil surtax to eliminate ‘perverse’ incentives to price gouge
By Matt Egan, CNN Democratic Sen. Ron Wyden is drawing up a surtax on Big Oil that would seek to rein in the industry’s skyrocketing profits at…
Continue Reading The Dow falls 880 points as inflation hits 40-year high
By Nicole Goodkind, CNN Business It’s been yet another week of losses for US markets after steep drops on Friday. The Dow plunged after a key…
Continue Reading Inflation rises at fastest pace in 40 years, pushed up by record gas prices
By Chris Isidore, CNN Business The pain of higher prices continues for US consumers. Record gas prices drove inflation to 8.6% for the 12 months…
Continue Reading A tampon shortage is the latest nightmare for women
By Allison Morrow, CNN Business Supply chain problems and inflation have hit virtually all consumer goods, but women who menstruate are now facing an…
Continue Reading A tampon shortage is the latest nightmare for women
By Allison Morrow, CNN Business Supply chain problems and inflation have hit virtually all consumer goods, but women who menstruate are now facing an…
Continue Reading ‘Jurassic World: Dominion’ looks to roar at the box office with the help of the original cast
By Frank Pallotta, CNN Business An adventure 65 million years in the making comes to a conclusion this weekend when “Jurassic World:…
Continue Reading Consumer sentiment plunges to record low amid surging inflation
By Alicia Wallace, CNN Business Consumer sentiment slumped to a record low between May and June, according to preliminary survey data released by the…
Continue Reading Tech wreck: Goldman Sachs cuts Netflix, Roblox and eBay to ‘sell’
By Paul R. La Monica, CNN Business Tech stocks have been obliterated this year. The Nasdaq is down more than 26%, putting that index in a bear…
Continue Reading Exclusive: A crypto-based dossier could help prove Russia committed war crimes
By Julia Horowitz, CNN Business In early March, a Telegram user posted a photo of wreckage at a school in a suburb of Kharkiv, Ukraine. The photo…
Continue Reading Why the average gas price is at $4.99 a gallon and how high it’ll go
By Chris Isidore, CNN Business Next stop, $5. The US average for the price of a gallon of regular gas hit $4.99 according to the most recent reading…
Continue Reading Pay attention to this number in today’s US inflation report
By Julia Horowitz, CNN Business The latest data on consumer prices in the United States showed that annual inflation unexpectedly rose to a 40-year…
Continue Reading Pay attention to this number in today’s US inflation report
By Julia Horowitz, CNN Business The latest data on consumer prices in the United States showed that annual inflation unexpectedly rose to a 40-year…
Continue Reading The Washington Post fires reporter Felicia Sonmez after a week of feuding publicly with her colleagues
By Oliver Darcy, CNN Business The Washington Post on Thursday fired Felicia Sonmez, the reporter who has been extraordinarily critical of her…
Continue Reading Federal investigators expand probe into Tesla Autopilot crashes
By Gregory Wallace Federal investigators are expanding their probe of Teslas that have slammed into parked first responders’ vehicles. The…
Continue Reading Stitch Fix is laying off 15% of its salaried roles
By Nathaniel Meyersohn, CNN Business Online clothing retailer Stitch Fix will lay off 15% of its salaried staff — around 330 employees — amid…
Continue Reading TikTok adds options to encourage users to take a break from endless scrolling
Catherine Thorbecke, CNN Business TikTok plans to roll out new options to encourage users to take a break from endlessly scrolling short-form videos…
Continue Reading Judge dismisses sexual assault lawsuit against former ‘Good Morning America’ boss Michael Corn
By Oliver Darcy, CNN Business A New York State judge on Wednesday dismissed a lawsuit filed last year against Michael Corn, the former “Good…
Continue Reading Opinion: Inflation is painfully high, but it should ease soon
Opinion by Mark Zandi for CNN Business Perspectives Consumer inflation figures for May will be out Friday, and the report is sure to be disquieting.…
Continue Reading Americans lost half a trillion dollars in wealth in early 2022
By Tami Luhby, CNN Americans’ wealth took a nosedive early this year as the stock market plummeted. The net worth of households and nonprofit…
Continue Reading Americans lost half a trillion dollars in wealth in early 2022
By Tami Luhby, CNN Americans’ wealth took a nosedive early this year as the stock market plummeted. The net worth of households and nonprofit…
Continue Reading FTC chair issues a warning shot to the tech industry
By Brian Fung, CNN Business The Federal Trade Commission is keeping a close eye on Big Tech as the industry expands into newer technologies such as…
Continue Reading Credit Suisse CEO blasts ‘really stupid’ takeover rumor
By Paul R. La Monica, CNN Business Most chief executive officers, when asked if their firm is for sale, would give a boring, lawyer-approved response…
Continue Reading How Chris Pratt went from ‘Parks and Recreation’ to ‘Jurassic World’
By Frank Pallotta, CNN Business “Jurassic World: Dominion” hits theaters this weekend, and it features one of the most successful movie…
Continue Reading Could stock trading fees make a comeback?
By Julia Horowitz, CNN Business In recent years, brokerages such as Robinhood and Charles Schwab have let users buy and sell stocks online without…
Continue Reading Mortgage rates jump, jacking up monthly payments for new buyers
By Anna Bahney, CNN Business After taking a breather for several weeks, mortgage rates climbed again. The 30-year, fixed-rate mortgage averaged 5.23%…
Continue Reading President Biden talks gun control with Jimmy Kimmel for his first in-person late night appearance
By Frank Pallotta, CNN Business President Joe Biden made his first in-person appearance on a late night talk show when he stopped by “Jimmy…
Continue Reading Freeport LNG explosion raises risk of European winter energy crisis
By Anna Cooban, CNN Business A fire at one of the world’s biggest suppliers of liquefied natural gas has thrown Europe’s fragile energy…
Continue Reading Trump’s Air Force One plan has a paint problem (among many other issues)
By Chris Isidore, CNN Business The two new Air Force One jets currently being built by Boeing are facing costly delays. Now there is a new potential…
Continue Reading Beware: The companies that hold your crypto aren’t insured the way banks are
By Jeanne Sahadi, CNN Business The latest “crypto winter,” which sent the values of Bitcoin and other digital currencies plummeting,…
Continue Reading Manhattan median rent hits new high of $4,000 a month
By Anna Bahney, CNN Business Rents keep climbing in Manhattan, hitting a record high in May for the fourth consecutive month. Median rent for an…
Continue Reading 220 CEOs demand immediate action from the Senate to reduce gun violence
By Christine Romans, CNN Business More than 200 business leaders, representing employees in all 50 states, sent a joint letter to the Senate on…
Continue Reading Sheryl Sandberg’s Meta departure is the death knell for Lean In
By Nicole Goodkind, CNN Business The Covid-19 pandemic changed the nature of work in innumerable ways, some of which may not be fully discerned for…
Continue Reading Silicon Valley braces for the good times to end
Catherine Thorbecke, CNN Business For much of the past two decades, the ethos of Silicon Valley was largely defined by Facebook’s former motto:…
Continue Reading Apple retail workers in Maryland to begin voting in historic union election
Catherine Thorbecke, CNN Business Apple workers at a retail outpost in Towson, Maryland, are set to begin voting on Wednesday in a union election,…
Continue Reading European Central Bank confirms plans for first rate hike in 11 years
By Anna Cooban and Julia Horowitz, CNN Business The European Central Bank held off on raising interest rates on Thursday, but confirmed plans for a…
Continue Reading How Chris Pratt went from ‘Parks and Recreation’ to ‘Jurassic World’
By Frank Pallotta, CNN Business “Jurassic World: Dominion” hits theaters this weekend, and it features one of the most successful movie…
Continue Reading Janet Yellen: Stimulus spending contributed only modestly to inflation
By Matt Egan, CNN Business Treasury Secretary Janet Yellen on Wednesday defended the Biden administration’s 2021 stimulus package against…
Continue Reading This lunar robot prototype looks like a centaur meant for the moon
By Jackie Wattles, CNN Business A Japanese company has built a four-legged, rolling robot that looks vaguely like a centaur — boasting two arms…
Continue Reading This lunar robot prototype looks like a centaur meant for the moon
By Jackie Wattles, CNN Business A Japanese company has built a four-legged, rolling robot that looks vaguely like a centaur — boasting two arms…
Continue Reading Wall Street’s top cop proposes massive changes to the stock market
By Allison Morrow, CNN Business The agency that oversees Wall Street has proposed major changes to the way millions of everyday investors buy and…
Continue Reading Fannie and Freddie unveil plans to tackle the racial homeownership gap
By Anna Bahney, CNN Business Mortgage giants Freddie Mac and Fannie Mae announced Wednesday a series of actions that aim to make it easier to buy a…
Continue Reading Wall Street’s blank-check boom has gone bust
By Paul R. La Monica, CNN Business The once hot blank-check merger trend is fading fast. The stock market has been cratering so far this year —…
Continue Reading META alert! Facebook’s old FB stock ticker is no more
By Paul R. La Monica, CNN Business If you want to find the stock price of Mark Zuckerberg’s company, typing the familiar “FB”…
Continue Reading President Biden talks gun control with Jimmy Kimmel for his first in-person late night appearance
By Frank Pallotta, CNN Business President Joe Biden made his first in-person appearance on a late night talk show when he stopped by “Jimmy…
Continue Reading Rising prices are pushing shoppers to dollar stores
By Nathaniel Meyersohn, CNN Business The Great Recession in 2008 pushed struggling Americans to rely more heavily on dollar stores and prompted other…
Continue Reading Which Jurassic Park film has roared loudest at the ticket booth?
By Frank Pallotta, CNN Business “Jurassic World: Dominion,” the latest film in the Jurassic Park franchise, stomps into theaters this…
Continue Reading Job scams are on the rise. Watch out for these red flags
By Kathryn Vasel, CNN Business The strong labor market has given us near record low unemployment, higher wages — and an unfortunate uptick in…
Continue Reading Why gas prices are near $5 a gallon and how high they’ll go
By Chris Isidore, CNN Business Another day, another record for US gas prices. The US average for the price of a gallon of regular gas hit $4.96…
Continue Reading An electric car finally makes financial sense
By Peter Valdes-Dapena, CNN Business Gas prices that keep going up by the day have got a lot of people thinking about buying an electric vehicle.…
Continue Reading Are social media platforms like railroads? The future of Facebook and Twitter could depend on the answer
By Brian Fung, CNN Business Services like Facebook and Twitter could change radically for millions of Americans in the coming years depending on how…
Continue Reading Opinion: Black consumers like me want change — not Juneteenth-branded products
Opinion by Lisa Osborne Ross for CNN Business Perspectives During a recent visit to Minneapolis, a colleague and I stopped by Cup Foods, the…
Continue Reading Exxon’s stock is back from the dead
By Julia Horowitz, CNN Business For years, ExxonMobil struggled to court investors as fears about the climate crisis and criticism of its business…
Continue Reading Opinion: Black consumers like me want change — not Juneteenth-branded products
Opinion by Lisa Osborne Ross for CNN Business Perspectives During a recent visit to Minneapolis, a colleague and I stopped by Cup Foods, the…
Continue Reading Treasury bans Americans from buying Russian stocks and bonds
By Matt Egan, CNN Business The Biden administration has issued new investment restrictions that prohibit Americans from buying Russian stocks and…
Continue Reading Buy now, pay later users in the UK are racking up debt to pay off their debts
By Anna Cooban, CNN Business The growing trend of buying things now but paying for them later is creating a debt trap for many shoppers in the United…
Continue Reading EU lawmakers support banning gasoline car sales by 2035 in key vote
By Angela Dewan, CNN Members of the European Parliament voted Wednesday to ban the sale of new combustion engine cars by 2035, in what would be one…
Continue Reading The CEO who fired 900 people over Zoom is accused of misleading investors
By David Goldman, CNN Business Vishal Garg, the Better.com CEO who fired 900 employees over Zoom just before Christmas, has been sued by a former…
Continue Reading Exxon’s stock is back from the dead
By Julia Horowitz, CNN Business For years, ExxonMobil struggled to court investors as fears about the climate crisis and criticism of its business…
Continue Reading Nike is shutting down its Run Club app in China
By Michelle Toh, CNN Business Nike is deactivating its Run Club app in China, becoming the latest Western company to reconfigure its business in the…
Continue Reading Which Jurassic Park film has roared loudest at the ticket booth?
By Frank Pallotta, CNN Business “Jurassic World: Dominion,” the latest film in the Jurassic Park franchise, stomps into theaters this…
Continue Reading China’s BYD will supply EV batteries to ‘good friend’ Elon Musk ‘very soon’
By Laura He, CNN Business BYD, the Warren Buffett-backed Chinese electric carmaker, plans to supply batteries to Tesla “very soon,” a…
Continue Reading Washington Post executive editor attempts to rein in newsroom amid infighting: ‘We will enforce our policies’
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 Washington Post executive editor attempts to rein in newsroom amid infighting: ‘We will enforce our policies’
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 World Bank says recession will be ‘hard to avoid’ for many countries
By Paul R. La Monica, CNN Business You can add the World Bank to the growing chorus sounding recession alarm bells. In its latest outlook, World Bank…
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