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By Paul P. Murphy, CNN In a bold protest against the invasion of Ukraine, a Russian state television journalist interrupted a live news broadcast Monday, holding a sign that said, “NO WAR.” Marina Ovsyannikova, an editor at Channel One, stood behind a news anchor on air with a poster board sign written in English and

By Rhea Mogul and Swati Gupta, CNN An Indian high court has upheld a ban on the wearing of hijabs or headscarves in educational institutes in Karnataka state, weeks after religious clashes erupted over the right to wear the Islamic garment in schools. The state’s top court on Tuesday ruled that the hijab was not

By Laura He, CNN Business China’s economy started the year on a bright note, with several major indicators beating forecasts. But as Covid cases in the country spike, keeping up the same pace of growth in the coming months may prove difficult. Retail sales rose 6.7% in the first two months of 2022 compared to

By Anneken Tappe, CNN Business President Joe Biden planned to reshape the Federal Reserve through his nominations for the three vacant seats on the board of governors. But Democratic Sen. Joe Manchin of West Virginia threw a wrench into those plans Monday. The crux of the matter is the nomination of Sarah Bloom Raskin, a

By Chris Isidore, CNN Business The auto industry has a saying: You can’t build a car with 99% of the parts. But the computer chip shortage is proving that adage wrong. Ford will begin shipping Explorer SUVs without all of its chips to address the tight inventory of vehicles available for sale at dealerships. The

By Matt Egan, CNN Business Citigroup, the major US bank with the biggest footprint in Russia, said Monday it will expand its exit from Russia to go beyond the long-planned sale of its consumer bank there. Citi said in a statement it has decided to “expand the scope” of its exit process to include “other

By Michelle Toh and Lizzy Yee, CNN Business Maria was just about to start a new job as a domestic worker in Hong Kong last month when she found out she had Covid-19. She immediately told her employer, who urged her to get to a hospital. But once she was there, she said she was

By Joe Sutton, CNN A number of high-powered global businesses called on Texas Governor Greg Abbott (R) to abandon the state’s anti-LGBTQ+ initiatives. Sixty-five companies including Apple, Capital One, Google, Ikea, Johnson & Johnson, LinkedIn, Macy’s, Microsoft, PayPal, and Yahoo signed the open letter. “Discrimination is bad for business” the headline read in an advertisement

By Anneken Tappe, CNN Business The Federal Reserve is going to try to hike interest rates without pushing the world’s biggest economy into recession. Russia’s war in Ukraine will make its balancing act more difficult. With inflation running near 8%, the US central bank can’t afford to wait any longer to start raise rates from

By Kelly McCleary, CNN “Saturday Night Live” kicked off its show this weekend with its version of President Joe Biden meeting with TikTok stars to get their help combating Russian disinformation surrounding the country’s invasion of Ukraine. The sketch came after real White House Press Secretary Jen Psaki and officials from the National Security Council

By Ramishah Maruf, CNN CVS CEO Karen Lynch removed a regional manager and several employees after a harassment allegation was not treated seriously, the company said in a statement sent to CNN Business Friday. At the end of 2021, the company received an anonymous report that alleged misconduct by someone in field management, CVS said

By Parija Kavilanz, CNN Business Far-reaching global sanctions against Russia for its invasion of Ukraine are affecting the global supply of a precious commodity — the diamonds used in jewelry. President Biden on Friday issued an executive order prohibiting imports of certain products originating in Russia. They include fish, seafood, luxury goods, alcoholic beverages and

By Julianne Pepitone, CNN Business There’s pain at the pump for American drivers as US gas prices soar to record highs. Although the United States barely uses Russian oil, Russia’s invasion of Ukraine is still a big factor in the gas-price spike — among other reasons. Confused? We’ll walk you through it. So why is

By Nathaniel Meyersohn, CNN Business Walgreens and other retailers have swapped out the clear fridge and freezer doors at thousands of stores, instead adding opaque doors with iPad-like screens showing what’s inside. Some customers really, really aren’t into it. The screens, which were developed by the startup Cooler Screens, use a system of motion sensors

By Julia Horowitz, CNN Business Svein Tore Holsether says the world is careening toward a food crisis that could affect millions of people. Record high natural gas prices have forced the company he runs, fertilizer producer Yara International, to curtail its production of ammonia and urea in Europe to 45% of capacity. With less of

By Chris Isidore, CNN Business No matter where you go in the United States, gas prices are uncomfortably high. Filling up a car for $60, $70 or $80 is a painful experience wherever you live. But not all Americans are feeling pain at the pump equally. For example, you might think drivers in California are

By Paul R. La Monica, CNN Business A single share of Amazon and Google owner Alphabet each trades at nearly $3,000 — a pretty high price for average investors. But that will soon change: The companies will split their shares, reducing their stock prices sharply, in the next few months. Could other high-priced blue chip

Opinion by Elaine Maag for CNN Business Perspectives Over the past several months, consumer prices have risen across the board, especially for basic needs like food, gas and shelter. And low- and middle-income families are getting hit the hardest. Not only do they spend a larger share of their income meeting basic needs, they tend

By Mark Thompson, CNN Business Russia’s richest businessman has warned the Kremlin against confiscating assets of companies that have fled in the wake of the invasion of Ukraine, saying such a step would set the country back more than 100 years. Vladimir Potanin, president of metals giant Norilsk Nickel and its biggest shareholder, said that

By Julia Horowitz, CNN Business Europe’s reliance on energy from Russia has jacked up the odds that the region could enter a recession this year as soaring inflation pushes people to cut back spending. The United States is more insulated from the spike in oil and gas prices — but it’s not immune. What’s happening:

By Tami Luhby, CNN Business The price of gas has skyrocketed in recent weeks, fueled in part by Russia’s invasion of Ukraine. The hike means that many Americans will have to shell out hundreds of dollars more to fill their tanks. Have you had to make changes to your daily routine, work or social life

By Chris Isidore, CNN Business As Russia’s economy gets pummeled by increasingly severe western sanctions for its invasion of Ukraine, the country’s crucial airline industry could soon find itself on life support. Russian airlines have been essentially cut off from much of the world. But that is the least of the industry’s problems. Russia’s domestic

By Laura He, CNN Business Popular Chinese tech stocks have plunged after the US regulator named five Chinese companies that could be removed from American stock markets for failing to meet audit requirements. The names cited by the US Securities and Exchange Commission on Thursday are fast-food company Yum China Holdings, tech firm ACM Research,

By Charles Riley, CNN Business Goldman Sachs and JPMorgan Chase are the first major Western banks to get out of Russia following the invasion of Ukraine. More are likely to follow at a cost of tens of billions of dollars. Goldman Sachs said Thursday that it is “winding down its business in Russia in compliance

By Matt Egan, CNN Business The United States and its allies are considering additional sanctions to punish Russia for “atrocities” committed in Ukraine even as existing sanctions deal a powerful blow to the Russian economy, US Treasury Secretary Janet Yellen said Thursday. “The Russian economy will be devastated as a consequence of what we’ve already

By Danielle Wiener-Bronner, CNN Business When McDonald’s opened its doors in Moscow for the first time, it was a big deal. It was the dead of winter — January 31, in 1990 — but still people came out in droves. Grainy CNN television footage shows lines snaking out the door, and throngs of people inside,

By Alicia Wallace, CNN Business Earth & Sky Floral Designs, located on the Laguna Pueblo reservation in New Mexico, is the only florist for miles. Owner Shayai Lucero says she often racks up the mileage on her Jeep and minivan making deliveries, the bulk of which are near her home but sometimes include a 150-mile

By Paul R. La Monica, CNN Business Amazon and Google owner Alphabet are two of the most dominant companies on Earth. Each is worth more than $1 trillion and is a leader in multiple industries. But neither stock is a member of Wall Street’s most exclusive club: the Dow Jones Industrial Average. That may soon

By Anna Bahney, CNN Business Mortgage rates are rising again amid fears of soaring inflation. The 30-year fixed-rate mortgage averaged 3.85% in the week ending March 10, up from 3.76% the week before, according to Freddie Mac. Inflation fears and geopolitical uncertainty are both having an impact, said Sam Khater, Freddie Mac’s chief economist. “Over

By Julia Horowitz, CNN Business Advocates of bitcoin have long claimed that the cryptocurrency has much in common with gold. They envision a world in which traders flock to it in times of stress and use it to store value over time. Now, Russia’s war in Ukraine, which has roiled markets, is testing that argument

By Anneken Tappe, CNN Business Prices kept rising last month in America, pushing a key inflation measure to a level not seen since January 1982. The Consumer Price Index, which measures a basket of goods and services, stood at 7.9% over the 12-month period that ended in February, without seasonal adjustments, the Bureau of Labor