America’s small businesses are running out of workers
Martha C. White for CNN Business The pandemic forced Freed Bodyworks, a wellness center offering massage therapy, yoga, acupuncture, mental health…
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Wayfair is cutting 5% of its global workforce
By Jordan Valinsky, CNN Business Wayfair is cutting nearly 900 jobs, or about 5% of the once-hot online retailer’s global workforce, as it…
Continue Reading The cord has been cut. Streaming is more watched than cable
By Jordan Valinsky, CNN Business The cord has been cut. For the first time ever, Americans are watching more streaming TV than cable, according to a…
Continue Reading McDonald’s is bringing a British hit to the US
By Jordan Valinsky, CNN Business McDonald’s Chicken Big Mac was a huge hit in the United Kingdom. Now it’s crossing the pond. Beginning…
Continue Reading You should probably update your Apple devices right now
By Rishi Iyengar, CNN Business Apple is directing users of most of its devices to update their software after the company discovered a vulnerability…
Continue Reading The world’s second biggest movie theater chain is in trouble
By Anna Cooban, CNN Business The owner of Regal Cinemas is having a tough time — its stock crashed as much as 80% Friday after reports that its…
Continue Reading Has the bear market really gone into early hibernation?
By Nicole Goodkind, CNN Business The bears and bulls are at it again. Markets have seemingly recovered from a miserable downturn in mid-June that…
Continue Reading Couples are swapping out natural diamonds in rings for larger, cheaper lab-made ones
By Parija Kavilanz, CNN Business Lab-grown diamonds have become so popular with consumers that some couples are asking jewelers to swap the natural…
Continue Reading You should probably update your Apple devices right now
By Rishi Iyengar, CNN Business Apple is directing users of most of its devices to update their software after the company discovered a vulnerability…
Continue Reading Most electric cars are quiet. But Dodge says its future electric muscle car will be super loud
By Peter Valdes-Dapena, CNN Business Dodge, famous for offering cars with big and powerful V8 engines, is phasing out some of its iconic, gas-powered…
Continue Reading Computer chips were in high demand. Then inflation kicked in
By Julia Horowitz, CNN Business When consumers were stuck inside during the early stages of the Covid-19 pandemic, there weren’t many places to…
Continue Reading A monumental case looks to crack open the world of auto-warranty robocalls
By Brian Fung, CNN Business No sentence in the English language may be more infuriating than the following 12 words: “We have been trying to…
Continue Reading A monumental case looks to crack open the world of auto-warranty robocalls
By Brian Fung, CNN Business No sentence in the English language may be more infuriating than the following 12 words: “We have been trying to…
Continue Reading Expect interest rate hikes to continue into 2023, Fed official says
By Nicole Goodkind, CNN Business San Francisco Federal Reserve president Mary Daly said Thursday morning that raising interest rates by either half…
Continue Reading The Big Ten Conference signs media rights deal reportedly worth over $1 billion per year
By Homero De la Fuente, CNN The NCAA’s Big Ten Conference announced on Thursday it has reached a massive media rights agreement with CBS, FOX,…
Continue Reading Kohl’s has an inventory mess on its hands
By Parija Kavilanz, CNN Business Kohl’s can’t seem to catch a break, and it may have only itself to blame. The department store chain on…
Continue Reading CNN is ending ‘Reliable Sources with Brian Stelter’
By Frank Pallotta, CNN Business CNN’s “Reliable Sources with Brian Stelter” is coming to an end. The company announced Thursday…
Continue Reading Hundreds of Google workers petition company to expand abortion protections for users and contractors
By Jennifer Korn, CNN Business Hundreds of workers at Google-parent Alphabet are calling on the company to take steps to expand abortion protections…
Continue Reading Hundreds of Google workers petition company to expand abortion protections for users and contractors
By Jennifer Korn, CNN Business Hundreds of workers at Google-parent Alphabet are calling on the company to take steps to expand abortion protections…
Continue Reading Netflix sues creators of unofficial Bridgerton musical
By Alexandra Peers, CNN Business On Christmas Day 2020, Netflix premiered “Bridgerton,” an old-fashioned lushly designed Regency Romance.…
Continue Reading Hyundai Ioniq 5 named Car and Driver’s EV of the Year
By Peter Valdes-Dapena, CNN Business Hyundai’s Ioniq 5, an electric-only model with a sharp-edged design, was named Car and Driver’s…
Continue Reading Home sales fell for the sixth month in a row, but prices kept rising
By Anna Bahney, CNN Business Home sales declined for the sixth month in a row in July as higher mortgage rates and prices push prospective buyers out…
Continue Reading Mortgage rates drop amid signs that inflation may have finally peaked
By Anna Bahney, CNN Business Mortgage rates ticked lower last week, falling back toward the 5% mark following economic reports that indicated…
Continue Reading Bed Bath & Bonkers: Retailer’s stock plunges following wild surge
By Paul R. La Monica, CNN Business The saga of struggling retailer Bed Bath & Beyond keeps getting curiouser and curiouser. Shares of the…
Continue Reading American farmers are killing their own crops and selling cows because of extreme drought
By Vanessa Yurkevich, CNN Business Nearly three quarters of US farmers say this year’s drought is hurting their harvest — with…
Continue Reading Extreme heat is slamming the world’s three biggest economies all at once
By Julia Horowitz, CNN Business Estimating just how catastrophic climate change will be for the global economy has historically proven challenging.…
Continue Reading Why junk food stocks are surging
By Nicole Goodkind, CNN Business People are stressed out and exhausted. The past two and a half years, full of public health crises, recession and…
Continue Reading Investigation into Vince McMahon’s hush money payments reportedly turns up Trump charity donations
By Frank Pallotta, CNN Business Even after Vince McMahon, the former WWE chief executive, retired from the company amid an investigation into his…
Continue Reading Diesel slides below $5 a gallon for the first time since March
By Matt Egan The cost of diesel has tumbled from record highs, easing inflationary pressure on everything from trucking and farming to construction.…
Continue Reading US and Taiwan agree to start talks on a trade and investment pact
By Wayne Chang and Lauren Lau, CNN Business The United States and Taiwan have officially agreed to launch negotiations on a new trade and investment…
Continue Reading China’s growth forecasts slashed as heatwave hits industrial heartlands
By Laura He, CNN Business China’s economic growth forecasts have been downgraded further by major investment banks, as the country grapples…
Continue Reading Sexual assault accuser wore ‘provocative’ clothing, Indian judge rules
By Rhea Mogul and Manveena Suri, CNN A judge in southern India has ruled a woman wore “provocative” clothing, effectively dismissing her…
Continue Reading Most electric cars are quiet. But Dodge says its future electric muscle car will be super loud
By Peter Valdes-Dapena, CNN Business Dodge, famous for offering cars with big and powerful V8 engines, is phasing out some of its iconic, gas-powered…
Continue Reading Revealing vast scope of FTC probe, Amazon accuses the government of harassing Jeff Bezos and Andy Jassy
By Brian Fung, CNN Amazon is fighting the US government’s attempt to question its founder, Jeff Bezos, and its CEO, Andy Jassy, as part of a…
Continue Reading Strippers at LA strip club want to join actors’ union
By Chris Isidore, CNN Business Strippers at the Star Garden Topless Dive Bar in North Hollywood, California, have filed with the National Labor…
Continue Reading Ohio judge rules Walmart, CVS, and Walgreens must pay a combined $650.6 million for damages related to opioid crisis
By Laura Ly, CNN Walmart, CVS, and Walgreens must pay a combined $650.6 million to two Ohio counties for damages related to the opioid crisis, a…
Continue Reading Even dollar stores are starting to feel the pinch from inflation
By Paul R. La Monica, CNN Business Dollar stores, as their name suggests, offer inexpensive products for bargain-hungry shoppers. But even Dollar…
Continue Reading Spacewalk cut short by issue with Russian cosmonaut’s spacesuit: ‘Drop everything and start going back right away’
By Jackie Wattles, CNN Business A spacewalk was cut short just a few hours into what was intended to be a nearly seven-hour spacewalk after a Russian…
Continue Reading Workers file for union vote at another Amazon facility
By Chris Isidore, CNN Business The union that was the first to win a representation vote at an Amazon facility has filed for an election among about…
Continue Reading Lose big on crypto? Here’s how to reduce the sting
By Jeanne Sahadi, CNN Business It’s been a tough year for crypto investors as they’ve watched the price of their digital assets plummet.…
Continue Reading EV tax credits just got totally revamped. Here’s what car buyers need to know
By Matt McFarland, CNN Business The newly signed Inflation Reduction Act will have big implications for electric vehicle buyers. Some popular…
Continue Reading Spacewalk cut short by issue with Russian cosmonaut’s spacesuit: ‘Drop everything and start going back right away’
By Jackie Wattles, CNN Business A spacewalk was cut short just a few hours into what was intended to be a nearly seven-hour spacewalk after a Russian…
Continue Reading US natural gas prices spike to 14-year high. Here’s why
By Matt Egan, CNN Business US natural gas prices have skyrocketed to levels unseen since 2008, a spike that threatens to offset the benefits of…
Continue Reading American farmers are killing their own crops and selling cows because of extreme drought
By Vanessa Yurkevich, CNN Business Nearly three quarters of US farmers say this year’s drought is hurting their harvest — with…
Continue Reading US consumers continue to spend, but rising inflation has shifted their priorities
Martha C. White for CNN Business With lower gas prices effectively putting more money back in their pockets, Americans continued to spend last month.…
Continue Reading Exclusive: Buffalo Wild Wings is adding pizza to its menu
By Jordan Valinsky, CNN Business With football season approaching, Buffalo Wild Wings is adding a new menu item that’s all but synonymous with…
Continue Reading Airbnb rolls out ‘anti-party technology’ to help enforce its global ban
By Jennifer Korn, CNN Business Weeks after Airbnb said it would permanently ban parties at properties rented through its platform, the company is…
Continue Reading When will price increases end? Probably never
By Nicole Goodkind, CNN Business A dollar just isn’t worth what it used to be. At the grocery store, you’re getting about 11 cents less…
Continue Reading Girl Scouts add a new raspberry cookie to the lineup
By Jordan Valinsky, CNN Business The Girl Scouts are adding a new, raspberry-flavored cookie to the lineup. The Raspberry Rally, described in a…
Continue Reading US consumers continue to spend, but rising inflation has shifted their priorities
Martha C. White for CNN Business With lower gas prices effectively putting more money back in their pockets, Americans continued to spend last month.…
Continue Reading Girl Scouts add a new raspberry cookie to the lineup
By Jordan Valinsky, CNN Business The Girl Scouts are adding a new, raspberry-flavored cookie to the lineup. The Raspberry Rally, described in a…
Continue Reading The recession debate could hinge on this data
By Julia Horowitz, CNN Business Are Americans still reaching for their wallets, even as high inflation forces households to contend with higher…
Continue Reading Target profit plunges 90% as inflation-weary shoppers pull back
By Chris Isidore, CNN Business Target reported profit plunged 90% in the second quarter, falling far short of expectations, as inflation-weary…
Continue Reading China’s No.2 admits economic recovery is at ‘most difficult point’
By Laura He, CNN Business Chinese Premier Li Keqiang has urged China’s wealthiest provinces to “bravely take the lead” to bolster…
Continue Reading No, Elon Musk is not buying Manchester United
By Diksha Madhok, CNN Business The richest man on earth has once again created chaos and commotion on the internet with his tweets. Tesla’s…
Continue Reading UK inflation exceeds 10% as bread and milk prices soar
By Mark Thompson, CNN Business Inflation in the United Kingdom hit a new 40-year high last month, rising above 10% for the first time since 1982 and…
Continue Reading GM is recalling hundreds of thousands of vehicles because of a seat belt problem
By Rob McLean, CNN Business GM is recalling hundreds of thousands of vehicles because of a problem with third-row seatbelts. The National Highway…
Continue Reading More Americans are relying on credit cards. That could be very costly
By Matt Egan Interest rates on credit cards are so high these days that consumers with a $5,000 credit card balance could pay an extra $1,000 in…
Continue Reading More Americans are relying on credit cards. That could be very costly
By Matt Egan Interest rates on credit cards are so high these days that consumers with a $5,000 credit card balance could pay an extra $1,000 in…
Continue Reading EV credits are now harder to come by. These buyers snuck in deals under the wire.
By Matt McFarland, CNN Business President Biden signed into law the Inflation Reduction Act on Tuesday, and it will reshape the electric vehicle tax…
Continue Reading Report: $1.9 billion stolen in crypto hacks so far this year
By Jennifer Korn, CNN Business A staggering $1.9 billion worth of cryptocurrency was stolen in hacks of various services in the first seven months of…
Continue Reading American Airlines agrees to purchase 20 supersonic jets
By Jackie Wattles, CNN Business American Airlines is placing a bet on a future in which supersonic jets might return to the skies, shuttling…
Continue Reading It’s like Airbnb but for renting your pool to strangers. Things don’t always go as planned
By Sara Ashley O’Brien, CNN Business Chris, a homeowner in Des Moines, was surprised when a woman he didn’t know recently pulled into his…
Continue Reading End of the Zoom boom? Citi analyst cuts stock to a rare ‘sell’ rating
By Paul R. La Monica, CNN Business Zoom was one of the biggest beneficiaries of the work-from-anywhere trend that took hold during the height of the…
Continue Reading Walmart results relieve some recession fears
By Chris Isidore, CNN Business Walmart had good news Tuesday for investors and economists worried about a looming recession, as the retail giant gave…
Continue Reading New home construction cools as more people get priced out of the housing market
By Anna Bahney, CNN Business Home builders pressed on the brakes once again last month as the cost of building supplies remained high and more…
Continue Reading Walmart+ has an Amazon Prime Video competitor
By Frank Pallotta, CNN Business Walmart+ — in its effort to become a true competitor to Amazon Prime — will offer Paramount+ as part of its…
Continue Reading 4moms recalls millions of baby swings and rockers
By Rob McLean, CNN Business Millions of baby swings and rockers that pose a risk of asphyxiation or other injuries to infants have been recalled,…
Continue Reading Amazon workers walk off job at air freight facility to call for better pay and working conditions
By Catherine Thorbecke and Rishi Iyengar, CNN Business A coalition of Amazon employees walked off the job on Monday at an air freight facility in San…
Continue Reading End of the Zoom boom? Citi analyst cuts stock to a rare ‘sell’ rating
By Paul R. La Monica, CNN Business Zoom was one of the biggest beneficiaries of the work-from-anywhere trend that took hold during the height of the…
Continue Reading End of the Zoom boom? Citi analyst cuts stock to a rare ‘sell’ rating
By Paul R. La Monica, CNN Business Zoom was one of the biggest beneficiaries of the work-from-anywhere trend that took hold during the height of the…
Continue Reading WeWork’s former CEO has a new startup, reportedly valued at more than $1 billion
By Catherine Thorbecke, CNN Business Nearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the…
Continue Reading Record Home Depot sales show America’s housing market is still strong
By Paul R. La Monica, CNN Business Soaring mortgage rates and unaffordable home prices are worrisome signs for the broader housing market and…
Continue Reading Warren Buffett is still betting on America’s economy
By Julia Horowitz, CNN Business It’s a moment of great uncertainty for the US economy, as high inflation and rising interest rates feed fears…
Continue Reading UK workers suffer biggest hit to their wages since records began
By Anna Cooban, CNN Business UK workers have suffered the biggest drop in their spending power in more than 20 years as prices keep soaring. Average…
Continue Reading China’s worst heatwave in 60 years is forcing factories to close
By Laura He, CNN Business China’s Sichuan province has ordered all factories to shut down for six days to ease a power shortage in the region…
Continue Reading You can buy a Dodge Challenger convertible as the model ends its run
By Peter Valdes-Dapena, CNN Business The modern Dodge Challenger muscle car and the closely related Dodge Charger four-door sedan are ending their…
Continue Reading Majority of Americans say they’re worried about being able to pay for housing
By Anna Bahney, CNN Business If you are feeling the pinch of higher rents, you’re not alone. Nearly 60% of renters saw a rent increase during…
Continue Reading WeWork’s former CEO has a new startup, reportedly valued at more than $1 billion
By Catherine Thorbecke, CNN Business Nearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the…
Continue Reading Tesla has now built one million cars in China
By Chris Isidore, CNN Business Tesla is celebrating its one millionth car manufactured in China, a major milestone for the electric car…
Continue Reading Most electric cars are quiet. But Dodge says its future electric muscle car will be super loud
By Peter Valdes-Dapena, CNN Business Dodge, famous for offering cars with big and powerful V8 engines, is phasing out some of its iconic, gas-powered…
Continue Reading Dollar General hit with nearly $1.3 million in workplace safety fines
By Ramishah Maruf, CNN The US Department of Labor proposed fines of almost $1.3 million for Dollar General after federal inspectors found workplace…
Continue Reading WeWork’s former CEO has a new startup, reportedly valued at more than $1 billion
By Catherine Thorbecke, CNN Business Nearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the…
Continue Reading Frozen pizza recalled after customers find metal pieces
By Jordan Valinsky, CNN Business About 13,000 pounds of frozen pizza made by Home Run Inn Frozen Foods is being recalled because of potential metal…
Continue Reading No, Elon Musk is not buying Manchester United
By Diksha Madhok, CNN Business The richest man on earth has once again created chaos and commotion on the internet with his tweets. Tesla’s…
Continue Reading Tesla’s ‘full self-driving’ feature may have finally met its match
By Matt McFarland, CNN Business “Full self-driving,” the controversially named driver-assist feature from Tesla, may have finally met its…
Continue Reading Starbucks asks labor board to halt mail-in union ballots
By Danielle Wiener-Bronner, CNN Business Starbucks is requesting a suspension of mail-in ballots at unionization votes currently going on at its…
Continue Reading Activist investor wants Disney to buy back Hulu stake and spin off ESPN
By Paul R. La Monica, CNN Business Disney wowed Wall Street last week with strong earnings thanks to solid Disney+ subscriber gains and healthy theme…
Continue Reading Did you change jobs during the pandemic and then regret it?
A record number of Americans quit their jobs last year. The reasons for leaving varied: some workers were looking for new opportunities, others…
Continue Reading Who owns your credit score? Not you
By Alexandra Peers, CNN Business Credit agencies know a lot about Americans. The agencies accumulate information, such as Social Security numbers,…
Continue Reading Velveeta is staging a comeback
By Danielle Wiener-Bronner, CNN Business In 2020, something incredible happened in the dairy aisle: Velveeta started flying off the shelves. Sales of…
Continue Reading How Abercrombie, Victoria’s Secret and Vitamin Shoppe use smell to get you to spend more
By Nathaniel Meyersohn, CNN Business Have you ever stepped into an Abercrombie, Victoria’s Secret, Vitamin Shoppe or another store and…
Continue Reading 5 ways being single can cost you more
By Jeanne Sahadi, CNN Business There are plenty of advantages to being single. Among them: You can call the shots in your life without compromise.…
Continue Reading New York manufacturing suffers near-record plunge
By Matt Egan, CNN Business In the latest sign of turbulence in the US economy, New York-area manufacturing suffered a large and unexpected setback in…
Continue Reading SoulCycle is closing 25% of its studios
By Jordan Valinsky, CNN Business It’s not just Peloton that’s spinning into trouble: Indoor cycling studio SoulCycle is closing about 25%…
Continue Reading US natural gas prices spike to 14-year high. Here’s why
By Matt Egan, CNN Business US natural gas prices have skyrocketed to levels unseen since 2008, a spike that threatens to offset the benefits of…
Continue Reading Opinion: Fully remote work could soon vanish
Opinion by Johnny C. Taylor, Jr. for CNN Business Perspectives As restaurants, malls and movie theaters fill back up with people, the workplace has…
Continue Reading New business taxes are coming. Wall Street isn’t worried
By Julia Horowitz, CNN Business The most powerful business lobby in the United States is not a fan of the landmark heath care and climate package…
Continue Reading China cuts rates as lockdowns and a real estate crisis take their toll
By Laura He, CNN Business China’s central bank cut interest rates on Monday as new data showed the economy losing steam last month because of…
Continue Reading Modi pledges to turn India into a developed country as nation turns 75
By Rhea Mogul, CNN Standing in front of the historic Red Fort in Delhi, Prime Minister Narendra Modi on Monday pledged to transform India into a…
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