He predicted Dow 36,000 in 1999. Now, it’s finally here
By Julia Horowitz, CNN Business Journalist James Glassman and economist Kevin Hassett wrote in late 1999 that the Dow Jones Industrial Average could…
Continue ReadingBy Julia Horowitz, CNN Business Journalist James Glassman and economist Kevin Hassett wrote in late 1999 that the Dow Jones Industrial Average could…
Continue ReadingBy Charles Riley, CNN Business Banks, insurers, pension funds, money managers and other finance firms with $130 trillion in assets have signed up to…
Continue ReadingBy Charles Riley, CNN Business Banks, insurers, pension funds, money managers and other finance firms with $130 trillion in assets have signed up to…
Continue ReadingBy Julia Horowitz, CNN Business Journalist James Glassman and economist Kevin Hassett wrote in late 1999 that the Dow Jones Industrial Average could…
Continue ReadingBy Matt Egan, CNN Business Billionaire Charlie Munger is a big fan of how communist China manages its economy. The Berkshire Hathaway vice chairman…
Continue ReadingBy Paul R. La Monica, CNN Business Stocks continue to hit new all-time highs even as the Federal Reserve prepares to pull back on some of the…
Continue ReadingBy Jordan Valinsky, CNN Business It wouldn’t officially be the holiday season without Starbucks’ festive cups. And this year,…
Continue ReadingBy Wayne Chang and Jill Disis, CNN Business The Chinese version of hit video game “Fortnite” is shutting down this month. The game…
Continue ReadingBy Hanna Ziady, CNN Business Should Nigeria’s natural riches remain in the ground? Africa’s biggest economy has 206 million people,…
Continue ReadingBy Michelle Toh, CNN Business ByteDance co-founder Yiming Zhang has stepped down as the company’s chairman and left the board, according to a…
Continue ReadingBy Chris Isidore, CNN Business More than 10,000 members of the United Auto Workers union will stay on strike against farm and construction equipment…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Attempting to adapt in retail can create some strange bedfellows. Like homegoods’ chains and supermarkets.…
Continue ReadingBy Matt Egan, CNN Business Democrats want to tax stock buybacks to help pay for President Joe Biden’s $1.75 trillion spending plan. Billionaire…
Continue ReadingBy Matt Egan, CNN Business Sticker shock is causing anxiety for millions of Americans right now, with prices soaring for gasoline, groceries and used…
Continue ReadingBy Anna Bahney, CNN Business Zillow is getting out of the iBuying business and will shut down its Zillow Offers division, resulting in a 25%…
Continue ReadingBy Paul R. La Monica, CNN Business The Dow Jones Industrial Average closed above the 36,000 mark for the first time Tuesday following a gain of about…
Continue ReadingBy Rachel Metz, CNN Business Facebook said Tuesday it plans to stop using facial-recognition software that could automatically recognize people in…
Continue ReadingBy Kerry Flynn, CNN Business Facebook launched a television ad series recently that does not showcase any product for sale or new feature on its…
Continue ReadingPfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for results the full year, thanks greatly to…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business It’s harder than you might think to deliver french fries that aren’t too crispy or soggy. Just…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business It’s harder than you might think to deliver french fries that aren’t too crispy or soggy. Just…
Continue ReadingBy Frank Pallotta, CNN Business Quentin Tarantino is getting into NFTs. The two-time Academy Award-winning director and screenwriter announced…
Continue ReadingBy Brian Stelter, CNN Business The Justice Department is suing to block Penguin Random House’s proposed acquisition of Simon & Schuster,…
Continue ReadingBy Kathryn Vasel, CNN Business You shouldn’t be the only one answering questions during a job interview. While you want to showcase why you are…
Continue ReadingBy Chris Isidore, CNN Business When Hertz announced plans to buy 100,000 Teslas last week — the largest-ever single order for electric vehicles —…
Continue ReadingBy Paul R. La Monica, CNN Business Avis Budget investors didn’t really need to try harder to make any money from the stock on Tuesday. The…
Continue ReadingBy Matt Egan, CNN Business Nearly two-thirds of Americans describe the economy as poor in a new poll that comes amid high inflation and supply chain…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Shoppers are already taking a hit at the grocery store. Soon, even their cheapest meat options will get more…
Continue ReadingBy Walé Azeez, CNN Business Maersk, the world’s largest container shipping company, predicts that global supply chain chaos will continue into…
Continue ReadingBy Alicia Wallace, CNN Business If communities across America were to become more racially integrated, it would be an “economic game…
Continue ReadingBy Jordan Valinsky, CNN Business Chipotle is testing pollo asado in two US cities, marking the first time in nearly 30 years the chain has…
Continue ReadingBy Jordan Valinsky, CNN Business Amazon is lifting a mask mandate for fully vaccinated warehouse workers beginning Tuesday. Vaccinated Amazon workers…
Continue ReadingOpinion by Karin Kimbrough for CNN Business Perspectives The US is experiencing a historically tight labor market. The speed of the current recovery…
Continue ReadingBy Moira Ritter, CNN Business The director of the United Nations’ World Food Programme is still pleading with the world’s richest…
Continue ReadingBy Moira Ritter, CNN Business The director of the United Nations’ World Food Programme is still pleading with the world’s richest…
Continue ReadingBy Chris Isidore, CNN Business Canceled flights, packed planes, rising fares and violent outbursts are the new normal for air travel. Flying is…
Continue ReadingBy Julia Horowitz, CNN Business For investors, the appeal of China has always been clear. Despite a long list of political risks, it’s the…
Continue ReadingBy Laura He and Yong Xiong, CNN Business China is telling families to stock up on food and other daily essentials as bad weather, energy shortages…
Continue ReadingBy Moira Ritter, CNN Business Facebook announced its company rebrand just last week, but a little-known cryptocurrency is already rallying in…
Continue ReadingBy Jordan Valinsky, CNN Business Yahoo has shut down access to its services in China, becoming the latest American tech company to exit the country.…
Continue ReadingBy Ramishah Maruf, CNN Business Billionaire Charlie Munger’s controversial plans for a massive, windowless dorm at the University of…
Continue ReadingBy Ramishah Maruf, CNN Business Billionaire Charlie Munger is bankrolling the design of a massive dormitory at the University of California, Santa…
Continue ReadingBy Chris Isidore, CNN Business Pfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for results…
Continue ReadingBy Chris Isidore, CNN Business Pfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for results…
Continue ReadingBy Diksha Madhok, CNN Business As Covid-19 wreaked havoc around the world last year, the 39-year-old son of an Indian billionaire was laying the…
Continue ReadingBy Diksha Madhok, CNN Business As Covid-19 wreaked havoc around the world last year, the 39-year-old son of an Indian billionaire was laying the…
Continue ReadingBy Michelle Toh and Yong Xiong, CNN Business Elon Musk is known for setting the internet ablaze with his cryptic tweets. Now he’s doing it in…
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 Clare Duffy, CNN Business Facebook whistleblower Frances Haugen said Monday she believes the company would be “stronger” if founder…
Continue ReadingBy Anneken Tappe, CNN Business Regulators have long been circling cryptocurrencies. Now they have a new target: stablecoins. A Monday report from the…
Continue ReadingOpinion by Matt Damon and Gary White for CNN Business Perspectives A global shift is happening. Governments are increasingly allocating resources to…
Continue ReadingOpinion by Matt Damon and Gary White for CNN Business Perspectives A global shift is happening. Governments are increasingly allocating resources to…
Continue ReadingOpinion by Matt Damon and Gary White for CNN Business Perspectives A global shift is happening. Governments are increasingly allocating resources to…
Continue ReadingBy Jordan Valinsky, CNN Business A digital currency based off the popular Netflix series “Squid Game” is trading at $0 after its creators…
Continue ReadingBy Jackie Wattles, CNN Business Issues with the toilet on board SpaceX’s Crew Dragon capsule will leave a group of four astronauts without a…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Coca-Cola has acquired sports-drink maker BodyArmor in a bid to steal market share from Pepsico-owned…
Continue ReadingBy Paul R. La Monica, CNN Business Hertz has made a lot of headlines lately thanks to its deals with Tesla and Uber. Wall Street has noticed, too.…
Continue ReadingBy Matt Egan, CNN Business Democrats’ $1.75 trillion economic and climate bill could end up delivering a tax cut for the richest 5% of…
Continue ReadingBy Matt Egan, CNN Business Democrats’ $1.75 trillion economic and climate bill could end up delivering a tax cut for the richest 5% of…
Continue ReadingBy Mark Thompson, CNN Business The American chief executive of Barclays, Jes Staley, is stepping down with immediate effect following an…
Continue ReadingBy Walé Azeez, CNN Business Elon Musk has offered to sell some of his Tesla stock “right now” if the UN can prove that $6 billion will…
Continue ReadingBy Pete Muntean and Chris Isidore, CNN Business American Airlines has canceled another 250 flights on Monday, continuing a days-long chain reaction…
Continue ReadingBy Julia Horowitz, CNN Business Another strong earnings season is cheering investors and pushing US stocks to record highs. What’s happening:…
Continue ReadingBy Julia Horowitz, CNN Business Another strong earnings season is cheering investors and pushing US stocks to record highs. What’s happening:…
Continue ReadingBy Pete Muntean, CNN Southwest Airlines says it is launching an internal investigation after a report that one of its pilots used anti-Biden slang…
Continue ReadingBy Jordan Valinsky, CNN Business It’s hard to relax on a flight, but Peloton is hoping to help. The fitness company is partnering with Delta…
Continue ReadingBy Jill Disis, CNN Business China’s big factories just had their worst month since the Covid-19 pandemic began, underscoring the scale of the…
Continue ReadingBy Mark Thompson, CNN Business The American chief executive of Barclays, Jes Staley, is stepping down with immediate effect following an…
Continue ReadingBy Michelle Toh, CNN Business Kuaishou, the Chinese short video-sharing app that’s known as a popular alternative to TikTok, has replaced its…
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 Pete Muntean, CNN Southwest Airlines says it is launching an internal investigation after a report that one of its pilots used anti-Biden slang…
Continue ReadingBy Chris Isidore, CNN Business Canceled flights, packed planes, rising fares and violent outbursts are the new normal for air travel. Flying is…
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 Ramishah Maruf, CNN Business CNN media analyst Bill Carter compared Rupert Murdoch to a “robber baron” on “Reliable…
Continue ReadingBy Frank Pallotta, CNN Business Fire alarms, teasing Tom Brady and flipping the double bird on live television. These are just some of the viral…
Continue ReadingBy Frank Pallotta, CNN Business This Halloween caps off a strong October for the North American box office. The holiday season could be even merrier.…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Whenever traffic slowed, which happens a lot when you’re heading out of New York City on a Friday…
Continue ReadingBy Nathaniel Meyersohn and Anneken Tappe, CNN Business You’ve probably noticed that prices have gone up on groceries, essentials, home…
Continue ReadingBy Julia Horowitz, CNN Business As world leaders gather in Glasgow for the COP26 climate summit on Sunday, there are plenty of reasons for companies…
Continue ReadingBy Pete Muntean and Ramishah Maruf, CNN American Airlines canceled another 634 flights on Sunday, more than 12% of its total operations for the day,…
Continue ReadingBy Jessie Yeung and Swati Gupta, CNN Anish Yadav was sleeping in his home, a fragile hut made of wood and plastic, when the water rushed in. A…
Continue ReadingBy Ramishah Maruf, CNN Business GameStop chief operating officer Jenna Owens is leaving the company seven months after joining it, the company said…
Continue ReadingBy Ramishah Maruf and Pete Muntean, CNN Business American Airlines canceled hundreds of flights during the weekend, citing bad weather and staffing…
Continue ReadingVanessa Yurkevich, CNN Business John Deere and the United Auto Workers Union have reached a new tentative agreement, more than two weeks after 10,000…
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 Sana Noor Haq, CNN Social media users in Israel are mocking Facebook’s company name change to Meta, as it sounds similar to the Hebrew word…
Continue ReadingBy Sara Ashley O’Brien, CNN Business This week in the criminal trial of Elizabeth Holmes, jurors heard how the billionaire family of former…
Continue ReadingBy Tara Subramaniam, CNN Business One week ago, a consortium of 17 news outlets, including CNN, began publishing a damning series of stories —…
Continue ReadingA Maryland man just claimed his second $2 million lottery prize, after winning the first one several years…
Continue ReadingBy Julia Horowitz, CNN Business The people who made their fortunes in the oil capital of Europe need a new plan. For decades, Aberdeen, a port city…
Continue ReadingBy Ramishah Maruf, CNN Business Billionaire Charlie Munger is bankrolling the design of a massive dormitory at the University of California, Santa…
Continue ReadingBy Paul R. La Monica, CNN Business October may be notorious for big market crashes. But this month was more of a Rocktober than Shocktober for…
Continue ReadingBy Paul R. La Monica, CNN Business October may be notorious for big market crashes. But this month was more of a Rocktober than Shocktober for…
Continue ReadingBy Paul R. La Monica, CNN Business October may be notorious for big market crashes. But this month was more of a Rocktober than Shocktober for…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Amazon’s rise has been relentless for more than a decade, with regulators and rivals alike failing to slow…
Continue ReadingBy Sean Lyngaas, CNN Business A Minnesota man has been charged with hacking into computer systems used by Major League Baseball and trying to extort…
Continue ReadingBy Julia Horowitz, CNN Business What will dominate this holiday shopping season: Huge demand, as shoppers use pent-up savings to splurge, or supply…
Continue ReadingBy Chris Isidore, CNN Business Profits soared at the nation’s two largest oil companies, as ExxonMobil and Chevron both benefited from the…
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