Elon Musk denies claim he spoke to Vladimir Putin about the war in Ukraine
By Natasha Bertrand and Jessie Yeung, CNN Tesla CEO Elon Musk has denied a claim that he spoke directly to Russian President Vladimir Putin in recent…
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Meta’s newest VR headset is impressive. Here’s why you probably won’t buy it
By Rachel Metz, CNN Business Meta’s newest virtual-reality headset, the Meta Quest Pro, is a slick, powerful device. It can display text and…
Continue Reading Saudi Arabia and OPEC risk causing a US recession, Sen. Blumenthal says
By Matt Egan, CNN OPEC and its allies have defended their decision to slash oil production by arguing they are trying to prepare for a potential…
Continue Reading TikTok wants to open warehouses
By Catherine Thorbecke, CNN Business While seemingly every social media app is copying TikTok, TikTok now appears to be copying Amazon’s…
Continue Reading Meta’s newest VR headset is impressive. Here’s why you probably won’t buy it
By Rachel Metz, CNN Business Meta’s newest virtual-reality headset, the Meta Quest Pro, is a slick, powerful device. It can display text and…
Continue Reading Don’t worry, there’s still hope for the stock market
By Paul R. La Monica, CNN Business The back-to-back, huge market rallies of last week may seem like a distant memory to investors after stocks slid…
Continue Reading Proposed labor rule could give millions of gig workers employee status
By Vanessa Yurkevich, CNN The Biden administration is proposing a new labor rule that could classify millions of gig workers as employees — a move…
Continue Reading Confused drivers think they have ‘self-driving’ cars. That’s dangerous, an insurance group warns
By Matt McFarland, CNN Business Drivers are putting too much trust in their vehicles’ driver-assist features, which may lead to dangerous…
Continue Reading Markets won’t go back to normal until the Fed stops hiking rates
By Nicole Goodkind, CNN Business Stocks lost ground again on Monday following a turbulent week that saw market volatility at its bumpiest level since…
Continue Reading How to be a smart holiday shopper
By Nathaniel Meyersohn, CNN Business It’s only October, but holiday shopping promotions are here with retailers bringing out the Christmas…
Continue Reading ‘The worst is yet to come’: IMF issues stark recession warning
By Julia Horowitz, CNN Business The International Monetary Fund has once again downgraded its forecast for the global economy with a sharp warning:…
Continue Reading Don’t worry, there’s still hope for the stock market
By Paul R. La Monica, CNN Business The back-to-back, huge market rallies of last week may seem like a distant memory to investors after stocks slid…
Continue Reading Honda and LG are spending $3.5 billion to build a battery factory in Ohio
By Peter Valdes-Dapena, CNN Business Honda and South Korean battery maker LG Energy Solutions are investing $3.5 billion to build a joint venture…
Continue Reading Tens of thousands likely jobless after Hurricane Ian, economists say
Martha C. White for CNN Business Hurricane Ian’s devastating impact will be felt for weeks and months to come, especially in the state of…
Continue Reading Tens of thousands likely jobless after Hurricane Ian, economists say
Martha C. White for CNN Business Hurricane Ian’s devastating impact will be felt for weeks and months to come, especially in the state of…
Continue Reading Jake Tapper to sit down with President Joe Biden Tuesday night 9 p.m. ET
By CNN Staff Jake Tapper, CNN’s chief Washington correspondent and anchor, is set to kick off his new show Tuesday evening by sitting down to…
Continue Reading Jake Tapper to sit down with President Joe Biden Tuesday night 9 p.m. ET
By CNN Staff Jake Tapper, CNN’s chief Washington correspondent and anchor, is set to kick off his new show Tuesday evening by sitting down to…
Continue Reading How to be a smart holiday shopper
By Nathaniel Meyersohn, CNN Business It’s only October, but holiday shopping promotions are here with retailers bringing out the Christmas…
Continue Reading GM is starting an energy storage subsidiary to take on the Tesla Powerwall
By Peter Valdes-Dapena, CNN Business General Motors is starting its own energy storage business using its Ultium battery packs to power homes and…
Continue Reading Bank of England warns risk of UK financial crisis hasn’t gone away
By Mark Thompson, CNN Business For the second time in two days, the Bank of England has been forced to offer extra support to UK markets still…
Continue Reading $4 gas could be coming — again
By Chris Isidore, CNN Business Here’s the bad news first: Gas prices are on the rise in most of the US and could soon hit a national average of…
Continue Reading The threat of a freight railroad strike is back
By Chris Isidore and Vanessa Yurkevich, CNN Business A union of railroad track maintenance workers has rejected a tentative agreement with the…
Continue Reading William Shatner on traveling to space: ‘All I saw was death’
By Jackie Wattles, CNN Astronauts have for decades described their trips to space as “breathtaking” and humbling, a reminder of the…
Continue Reading Elon Musk commissioned this bot analysis in his fight with Twitter. Now it shows what he could face if he takes over the platform
By Clare Duffy and Brian Fung, CNN Business Spam and fake accounts are more prevalent on Twitter than on comparable social platforms, according to a…
Continue Reading US economy will soon start losing 175,000 jobs a month, Bank of America warns
By Matt Egan, CNN The Federal Reserve’s fight to squash inflation will cause the US economy to start losing tens of thousands of jobs a month…
Continue Reading Stocks dip after JPMorgan Chase CEO Jamie Dimon warns of recession
By Paul R. La Monica, CNN Business So much for a sleepy Columbus Day on Wall Street. Stocks weren’t doing much Monday morning but took a turn…
Continue Reading How not to run out of money in retirement
By Jeanne Sahadi, CNN Business No one wants to run out of money before they die. But making sure your nest egg will last is a challenge because…
Continue Reading White-collar workers are feeling the brunt of the Fed’s rate hikes. Here’s why
By Nicole Goodkind, CNN Business September’s hotly anticipated jobs data ended up cooling markets on Friday. Stocks fell sharply as investors…
Continue Reading The simple reason why Trader Joe’s doesn’t deliver
By Nathaniel Meyersohn, CNN Business Online ordering is kind of a big thing these days, if you haven’t heard yet, and just about every…
Continue Reading ‘Game of Thrones’ ended with a thud. But ‘House of the Dragon’ has caught fire
By Frank Pallotta, CNN Business HBO has created a kingdom of hits, with none as popular as “Game of Thrones.” But “Game of…
Continue Reading Get ready for some earnings
By Paul R. La Monica, CNN Business There’s lots of anxiety swirling about a possible recession. Is Corporate America starting to get nervous,…
Continue Reading Columbus Day and Indigenous People’s Day 2022: Here’s what’s open and closed
By Ramishah Maruf Columbus Day, and now Indigenous People’s Day, will be observed on Monday, October 10 this year, and while some will have the…
Continue Reading McDonald’s announces return of Halloween pails — just in time for trick-or-treating
By Zoe Sottile, CNN What’s spookier than a bit of Halloween-themed nostalgia? McDonald’s has announced the return of its retro Halloween…
Continue Reading Amazon will invest $970 million in electric vehicles for its European fleet
By Chris Isidore, CNN Business Amazon said Monday it plans to spend €1 billion, or $972 million, on electric vehicles for its European fleet. The…
Continue Reading Nikki Finke, veteran Hollywood journalist, has died
By Jordan Valinsky, CNN Business Nikki Finke, the sharp-tongue Hollywood journalist famous for her seemingly non-stop scoops, has died. She was 68.…
Continue Reading Elon Musk’s unsolicited idea for Taiwan welcomed by Beijing, slammed in Taipei
By Rhea Mogul, CNN As tensions between China and Taiwan simmer at their highest point in decades, officials in both places have clashed in recent…
Continue Reading UK brings budget forward in another attempt to reassure markets
By Hanna Ziady, CNN Business UK Finance Minister Kwasi Kwarteng will try to avoid spooking investors a second time when he publishes details of plans…
Continue Reading Nobel Prize in economics awarded to trio including Ben Bernanke for work on financial crises
By Julia Horowitz, CNN Business Former Federal Reserve Chair Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel Prize in…
Continue Reading Gautam Adani was a college dropout. Now he may be too big to fail
By Diksha Madhok, CNN Business On a late August evening in New Delhi, journalists’ phones started buzzing with messages. Indian billionaire…
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Elon Musk’s unsolicited idea for Taiwan welcomed by Beijing, slammed in Taipei
By Rhea Mogul, CNN As tensions between China and Taiwan simmer at their highest point in decades, officials in both places have clashed in recent…
Continue Reading Air France and Airbus charged with involuntary homicide for Rio-Paris crash in 2009
By Jim Bittermann, CNN The trial of two of France’s biggest companies began Monday over the crash of Air France flight 447 in 2009 that killed…
Continue Reading The Bank of England is still trying to put out the fire Liz Truss started
By Julia Horowitz, CNN Business The Bank of England announced Monday that it would provide extra support to UK markets, beefing up its efforts to…
Continue Reading China’s holiday spending plunges to seven-year low as zero-Covid batters consumer confidence
By Laura He, CNN Business Holiday spending during China’s Golden Week has plunged to its lowest level in seven years, as broad Covid curbs…
Continue Reading China’s holiday spending plunges to seven-year low as zero-Covid batters consumer confidence
By Laura He, CNN Business Holiday spending during China’s Golden Week has plunged to its lowest level in seven years, as broad Covid curbs…
Continue Reading North Hollywood strippers set to vote on joining a union
By Natasha Chen, CNN Strippers at the Star Garden topless dive bar in North Hollywood will soon receive ballots to hold an election for collective…
Continue Reading This Canadian community just unveiled a statue dedicated to … Cheeto dust
By Zoe Sottile, CNN The bright orange, sticky residue that Cheetos leave on your fingertips has now been immortalized — by a 17-foot statue in…
Continue Reading Made in America is back, leaving US factories scrambling to find workers
By Chris Isidore and Christine Romans, CNN US factories are humming, and manufacturers are scrambling to find workers as the pace of hiring hits…
Continue Reading ‘SNL’ sends contestants over the edge with ‘So You Think You Won’t Snap!’
By Kelly McCleary, CNN “Saturday Night Live” opened its show this week by testing the temperament of contestants being read news…
Continue Reading ‘SNL’ sends contestants over the edge with ‘So You Think You Won’t Snap!’
By Kelly McCleary, CNN “Saturday Night Live” opened its show this week by testing the temperament of contestants being read news…
Continue Reading Exxon illegally fired two scientists suspected of leaking information to WSJ, Labor Department says
By Ramishah Maruf, CNN ExxonMobil has been ordered to reinstate two scientists who were fired after being suspected of leaking information to The…
Continue Reading Rivian recalling 12,000 vehicles for loose bolt
By Peter Valdes-Dapena, CNN Business Rivian, the Irvine, California-based electric vehicle company, is recalling nearly all the vehicles it has…
Continue Reading How meltdown in a $1 trillion market brought the UK to the brink of a financial crisis
By Julia Horowitz, CNN Business Pension funds are designed to be dull. Their singular goal — earning enough money to make payouts to retirees —…
Continue Reading Low-price grocers like Aldi are winning as consumers trade down
By Danielle Wiener-Bronner, CNN Business With grocery prices soaring, consumers are changing the way they shop for food. That’s great news for…
Continue Reading Another supply chain crisis: Barge traffic halted on Mississippi River by lowest water levels in a decade
By Chris Isidore, Amanda Watts, Judson Jones and Brandon Miller, CNN Business The lowest water levels in the Mississippi River in a decade, caused by…
Continue Reading The fate of Elon Musk’s deal to buy Twitter now comes down to the money
By Clare Duffy, CNN Business The countdown is now on for Elon Musk and Twitter to close their $44 billion acquisition deal by October 28 or be forced…
Continue Reading Elon Musk now owns Twitter. Here’s what he could change
By Clare Duffy, CNN Business After spending months attempting to get out of his deal to buy Twitter, Elon Musk officially owns the hugely influential…
Continue Reading Binance-linked blockchain hit by $570 million crypto theft
By Jennifer Korn Binance, which describes itself as the largest crypto exchange by trading volume, is the latest company to be impacted by a major…
Continue Reading Tesla set to deliver long-delayed electric trucks to Pepsi in December
By Matt McFarland, CNN Business Tesla CEO Elon Musk said Thursday that production of its Semi truck has begun, and deliveries to one customer, Pepsi,…
Continue Reading Rocketing energy costs are savaging German industry
By Anna Cooban, CNN Business Germany is bracing itself for a rough winter as soaring energy prices threaten to leave permanent scars on its…
Continue Reading The US job market remains robust, but is showing signs of cooling
By Alicia Wallace, CNN Business The fever hasn’t broken yet for America’s employment market, but the temperature is coming down.…
Continue Reading Made in America is back, leaving US factories scrambling to find workers
By Chris Isidore and Christine Romans, CNN US factories are humming, and manufacturers are scrambling to find workers as the pace of hiring hits…
Continue Reading Hurricane Ian deals a devastating blow to the uninsured
By Chris Isidore, CNN Business Homeowners could be hit with as much as $17 billion in uninsured losses due to flooding from Hurricane Ian due to the…
Continue Reading Kanye West partnership with Adidas put under review after ‘White Lives Matter’ incident
By Jordan Valinsky, CNN Business Adidas is reviewing its partnership with Kanye West after the artist lambasted the company and wore a “White…
Continue Reading Fury at Saudi Arabia revives calls for US to throw the book at OPEC
By Matt Egan, CNN Business OPEC+’s decision to slash oil production has set off bipartisan fury in Washington directed at the Saudi Arabia-led…
Continue Reading Opinion: The Fed doesn’t have a choice anymore. Get ready for a recession
Opinion by Gad Levanon for CNN Business Perspectives To many economists and analysts, the US economy has represented a paradox this year. On the one…
Continue Reading Facing risk of blackouts this winter, the UK will drill for more oil
By Hanna Ziady, CNN Business The UK government could award oil and gas companies more than 100 new licenses to drill in the North Sea, as it looks…
Continue Reading The US job market remains robust, but is showing signs of cooling
By Alicia Wallace, CNN Business The fever hasn’t broken yet for America’s employment market, but the temperature is coming down.…
Continue Reading OPEC’s production cut is a win for oil stocks
By Nicole Goodkind, CNN Business The White House isn’t very happy with OPEC’s decision to slash oil production by 2 million barrels per…
Continue Reading Credit Suisse is buying back debt and selling a hotel
By Julia Horowitz, CNN Business Credit Suisse said it will buy back up to $3 billion in its own bonds to save money on debt servicing costs while…
Continue Reading Cathay Pacific is facing ‘unprecedented staffing’ shortages, warns top union in Hong Kong
By Michelle Toh, CNN Business Hong Kong’s flagship airline Cathay Pacific is facing “unprecedented” staff shortages and may not be…
Continue Reading Cathay Pacific is facing ‘unprecedented staffing’ shortages, warns top union in Hong Kong
By Michelle Toh, CNN Business Hong Kong’s flagship airline Cathay Pacific is facing “unprecedented” staff shortages and may not be…
Continue Reading A young woman’s death in Iran has sparked an uprising. News organizations are grappling with how to cover it
By Oliver Darcy, CNN Business Nationwide protests have gripped Iran for weeks following the death of 22-year-old Mahsa Amini after she was taken into…
Continue Reading A young woman’s death in Iran has sparked an uprising. News organizations are grappling with how to cover it
By Oliver Darcy, CNN Business Nationwide protests have gripped Iran for weeks following the death of 22-year-old Mahsa Amini after she was taken into…
Continue Reading Credit Suisse is buying back debt and selling a hotel
By Julia Horowitz, CNN Business Credit Suisse said it will buy back up to $3 billion in its own bonds to save money on debt servicing costs while…
Continue Reading Former Treasury Secretary Larry Summers says it’s ‘more likely than not’ US will enter recession
By Paul LeBlanc, CNN Former US Treasury Secretary Larry Summers said Thursday it’s “more likely than not” the US will enter a…
Continue Reading GOP Sen. Chuck Grassley calls for OPEC collusion crackdown after production cut
by Matt Egan, CNN Republican Sen. Chuck Grassley on Thursday called for punishing OPEC for its production cut by passing legislation that would hold…
Continue Reading In a first, Netflix’s ‘Knives Out’ sequel will play in theaters for a week
By Frank Pallotta, CNN Business Netflix is going to the movies, but only for a week. “Glass Onion: A Knives Out Mystery,” the new…
Continue Reading The Twitter-Musk trial is now on pause
By Clare Duffy, CNN Business The judge overseeing the acquisition dispute between Elon Musk and Twitter on Thursday ruled to pause the legal…
Continue Reading Toyota finally found a way to keep wheels from falling off its electric SUV
By Peter Valdes-Dapena, CNN Business Last June, Toyota warned owners of its first mainstream electric vehicle, the BZ4X, to stop driving their SUVs…
Continue Reading Ford raises price on the electric F-150 again
By Peter Valdes-Dapena, CNN Business Ford is again raising prices on the F-150 Lightning electric pickup, but the price increase will impact only the…
Continue Reading Toyota finally found a way to keep wheels from falling off its electric SUV
By Peter Valdes-Dapena, CNN Business Last June, Toyota warned owners of its first mainstream electric vehicle, the BZ4X, to stop driving their SUVs…
Continue Reading Hiking rates too quickly could trigger a ‘prolonged recession,’ IMF head warns
By Alicia Wallace, CNN Business The global economic outlook is darkening and the risks of recession are quickly rising: That’s the latest…
Continue Reading Elon Musk’s deposition in Twitter dispute postponed amid revived talks to complete acquisition
By Clare Duffy, CNN Business Lawyers for Elon Musk and Twitter have agreed to postpone the Tesla CEO’s deposition in the court fight over their…
Continue Reading GOP Sen. Chuck Grassley calls for OPEC collusion crackdown after production cut
by Matt Egan, CNN Republican Sen. Chuck Grassley on Thursday called for punishing OPEC for its production cut by passing legislation that would hold…
Continue Reading Markets are starting to act super strange
By Nicole Goodkind, CNN Business Investors are tightening their neck braces as US stocks soar upwards, plummet back down and then do it all over.…
Continue Reading What to expect from Friday’s jobs report
By Alicia Wallace, CNN Business When the Bureau of Labor Statistics releases its latest monthly jobs report on Friday, all eyes will be on whether…
Continue Reading Mortgage rates take a breather after rising for several weeks in a row
By Anna Bahney, CNN Business After rising for six weeks in a row, mortgage rates retreated last week. The 30-year fixed-rate mortgage averaged 6.66%…
Continue Reading Google unveils new Pixel 7 smartphones and first-ever Pixel smartwatch
By Samantha Murphy Kelly, CNN Business Google on Thursday unveiled its new Pixel 7 smartphone lineup and its first-ever Pixel smartwatch, packed with…
Continue Reading Why Wall Street shouldn’t sweat the midterms
By Paul R. La Monica, CNN Business The midterm elections are a little more than a month away, and if Wall Street had a vote, it’d be for more…
Continue Reading Amazon plans to hire 150,000 workers ahead of holiday shopping season
By Catherine Thorbecke, CNN Business Amazon said Thursday it plans to hire 150,000 new employees across the United States to meet demand ahead of the…
Continue Reading Google unveils new Pixel 7 smartphones and first-ever Pixel smartwatch
By Samantha Murphy Kelly, CNN Business Google on Thursday unveiled its new Pixel 7 smartphone lineup and its first-ever Pixel smartwatch, packed with…
Continue Reading Big companies keep leaving Chicago. What’s going on?
By Jordan Valinsky, CNN Business Tyson Foods is the latest company closing its Chicago-area offices, joining Boeing, Caterpillar and Citadel among…
Continue Reading Peloton is undergoing another round of layoffs to ‘save’ the company
By Jordan Valinsky, CNN Business Peloton is undergoing another round of layoffs — its fourth this year — with about 500 jobs being eliminated, as…
Continue Reading How Elon Musk could change Twitter
By Clare Duffy, CNN Business Nearly three months after Elon Musk told Twitter he wanted out of his $44 billion agreement to buy the social media…
Continue Reading Elon Musk’s Twitter acquisition isn’t a done deal yet
By Clare Duffy, CNN Business Elon Musk appears to be closer to completing his $44 billion acquisition of Twitter than at any point since he first…
Continue Reading Gas prices are starting to take off again. More increases are on the way
By Chris Isidore and Matt Egan, CNN Business Even before Wednesday’s action by OPEC+ to cut oil production, US gas prices were on their way up.…
Continue Reading Amazon suspends 50 workers who refused to work after warehouse fire
By Catherine Thorbecke, CNN Business Amazon suspended dozens of workers at its only unionized warehouse on Tuesday, one day after they organized a…
Continue Reading Report: Transitioning only 6% of American vehicles to electric could prevent 67,000 premature deaths
By Peter Valdes-Dapena, CNN Business Changing America’s fleet of trucks and buses to run on electricity while, at the same time, changing the…
Continue Reading Report: Transitioning only 6% of American vehicles to electric could prevent 67,000 premature deaths
By Peter Valdes-Dapena, CNN Business Changing America’s fleet of trucks and buses to run on electricity while, at the same time, changing the…
Continue Reading Housing is slumping, but this real estate CEO explains why it’s not 2008 all over again
By Paul R. La Monica, CNN Business Mortgage rates are soaring. And for many prospective home buyers, especially first-time purchasers, the…
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