Money

By Laura He, CNN Business China is starting to sell off some of the oil it keeps in strategic reserve in a bid to lower prices in the market, a…

By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

By Alexis Benveniste, CNN Business JPMorgan Chase is buying the Infatuation, a restaurant discovery platform that shares reviews and recommendations…

By Nathaniel Meyersohn, CNN Business Walmart will end its quarterly bonuses for US store workers in January after it raises its hourly minimum wage…

By Matt Egan, CNN Business Federal Reserve Chairman Jerome Powell has been criticized by progressives for going soft on big banks and not doing…

By Anneken Tappe, CNN Business The number of first-time claims for jobless benefits dipped to a new pandemic-era low last week. That’s welcome…

By Jordan Valinsky and Diksha Madhok, CNN Business Ford is ending production in India and taking a hit of $2 billion as it retrenches from a market…

By Hanna Ziady, CNN Business Cathie Wood, the CEO of Ark Invest, is reportedly slashing her exposure to China, and switching to stocks that are in…

By Angela Dewan, International Climate Editor Australian Prime Minister Scott Morrison all but admitted Thursday that his country had asked UK…

By Charles Riley, CNN Business On Tuesday, the Reserve Bank of Australia ripped off the stimulus band-aid and confirmed that it would start to scale…

By Frank Pallotta, CNN Business “We Make Movies Better.” That’s the tagline of a new advertisement from AMC Theatres. The…

By Anneken Tappe, CNN Business America has more job openings than it can fill. That has been a truth of the pandemic recovery. Now the Delta variant…

By Nathaniel Meyersohn, CNN Business Amazon will let you skip the checkout line at two Whole Foods stores next year. Amazon is installing its…

By Hanna Ziady, CNN Business UK Prime Minister Boris Johnson’s plan to hike payroll taxes to raise billions in funding for health and social…

By Matt Egan, CNN Business The easiest way to spark a financial crisis and wreck the US economy would be to allow the federal government to default…

By Charles Riley, CNN Business El Salvador’s “Bitcoin Day” did not go especially well. The impoverished country’s vaunted…

By Ella Nilsen, CNN President Joe Biden wants to corner the market on electric vehicles. In August, he announced a target that by 2030, half of the…

By Chris Isidore, CNN Business This week was supposed to be the time when many workers began returning to offices, and business travelers started…

By CNN Business The-CNN-Wire™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights…

By Diksha Madhok, CNN Business BlackRock’s new investment fund in China — the first owned entirely by a foreign firm — has attracted $1…

By Julia Horowitz, CNN Business The 30,000 aluminum tins were supposed to show up in a 20-foot shipping container in July. Months later, they…

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

By Lauren M. Johnson and David Williams, CNN Restaurants across the country are struggling to find employees, so one establishment in Dallas decided…

By Peter Valdes-Dapena, CNN Business At a Munich auto show Monday, Volkswagen unveiled the ID. Life, a tiny, boxy electric SUV, designed for driving…

By Anneken Tappe It’s a volatile day for bitcoin, which briefly fell by more than 10% Tuesday — below the $43,000 mark. The drop comes after…

By Matt Egan Video game CEO John Gibson stepped down from the helm of Tripwire Interactive after his support of the Texas abortion law created a…

By Anneken Tappe, CNN Business As abortion rights advocates scramble to fight a Texas law that effectively bans abortion in the state, economists are…

By Jeanne Sahadi, CNN Business The pandemic has made it very clear to everyone that life doesn’t go as planned. It’s also been a bracing…

By Chauncey Alcorn, CNN Business Wayne Encalarde’s utility truck and trailer were parked in New Orleans’ Ninth Ward 16 years ago when…

By Julia Horowitz, CNN Business Regulators are worried about all the people plugging cryptocurrencies online. That includes Kim Kardashian, beauty…

By Julia Horowitz, CNN Business George Soros, the billionaire financier and philanthropist, thinks BlackRock has made a huge miscalculation on China.…

By Kristin Fisher, CNN Russia’s space chief was watching as billionaires Jeff Bezos and Richard Branson blasted into space aboard vehicles they…

By Paul R. La Monica, CNN Business At a time when many investors are content to follow the crowd and buy top techs like Apple, Amazon and Microsoft,…

By Laura He, CNN Business China’s trade with the rest of the world surged to record highs last month, easing fears that a stubborn coronavirus…

By Merlin Delcid, CNN Business El Salvador became the first country to adopt bitcoin as a national currency on Tuesday, kicking off a radical…

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

By Alicia Wallace, CNN Business America’s workforce is considerably older and more diverse than it was 40-some years ago. Federal labor…

By Hanna Ziady, CNN Business TotalEnergies is investing in oil, gas and solar energy projects worth $27 billion in Iraq, returning to the country…

By Julia Horowitz, CNN Business Aluminum prices have reached their highest level in more than a decade following a coup in Guinea, a major supplier…

By Anna Stewart, CNN Business CEO Herbert Diess wants electric cars to make up half of the Volkswagen Group’s sales in 2030, and 100% of its…

By Helen Regan and Angela Dewan, CNN Business The Australian government said Monday that the country would keep producing and exporting coal…

By Chris Isidore, CNN Business The biggest victory for US unions since Labor Day last year wasn’t at the negotiating table, on the picket line…

By Michelle Toh, Sasha Chua and Chandler Thornton, CNN Business The media company behind the now-shuttered Hong Kong tabloid Apple Daily is shutting…

By Rhea Mogul and Swati Gupta, CNN Marking the return of a months-long movement that has posed a unique challenge to Indian Prime Minister Narendra…

By Ben Westcott, CNN Business Tensions between China and Australia have taken a $4 billion toll on the important trading partnership, but Canberra…

By Rhea Mogul and Swati Gupta, CNN Hana Mohsin Khan says she knows why she was targeted on a website that appeared to offer her for sale.…

By Ramishah Maruf, CNN Business New York University researchers discovered scathing new data on the spread of misinformation on Facebook, despite the…

By Peter Valdes-Dapena, CNN Business Mercedes gave details on a number of new electric cars ahead of next week’s Munich transportation show.…

By Alexis Benveniste, CNN Business The Labor Day holiday bookmarks the end of summer and the beginning of fall, but above all, it celebrates working…

By Julia Horowitz, CNN Business Plenty of ink was spilled earlier this year when investors, hobbyists and art enthusiasts started frantically buying…

By Matt McFarland, CNN Business GoDaddy took down a website that allowed people to post tips about possible Texas abortions, in the latest example of…

By Chauncey Alcorn, CNN Business Kraft Heinz and two of its former high-ranking executives settled charges with the Securities Exchange Commission,…

By Paul R. La Monica, CNN Business The August jobs report was a massive disappointment, with Corporate America hiring far fewer people than expected.…

By Paul R. La Monica, CNN Business Here’s another sign that workers are able to command more pay in this Covid-driven economy: Walmart, one of…

By Anneken Tappe, CNN Business America’s jobs recovery hit a major roadblock in August as the Delta variant threatened the labor market…