Worker shortage forces summer camps to trim — or cancel — all programs
By Parija Kavilanz, CNN Business Many working parents who rely on local summer camps to keep their kids busy when school’s out for the summer…
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Two more states hit $5 a gallon gas prices
By Matt Egan The gas price spike keeps getting worse. The national average jumped to $4.87 a gallon on Monday, according to AAA. That’s up 25…
Continue Reading Elon Musk pulls back on Tesla’s job cuts plan — sort of
By Chris Isidore, CNN Business Tesla may not be cutting staff after all. That’s according to a tweet from its ever-mercurial CEO Elon Musk —…
Continue Reading Elon Musk threatens to walk away from Twitter deal
By Brian Fung, CNN Business Elon Musk issued his most direct threat yet to walk away from his purchase of Twitter on Monday, openly accusing the…
Continue Reading Employees at Virgin Atlantic can now show off their tattoos
By Zoe Sottile, CNN Tattooed crew members at British airline Virgin Atlantic are now welcome to show off their ink while in uniform. The airline…
Continue Reading Gas prices surge 25 cents in a week, hitting a new record
The gas price spike keeps getting…
Continue Reading The world’s biggest four-day work week pilot begins
By Anna Cooban, CNN Business Thousands of UK workers are starting a four-day work week from Monday with no cut to their pay in the largest trial of…
Continue Reading Opinion: LinkedIn chief economist: Gen Z should be feeling great about the job market right now
Opinion by Karin Kimbrough for CNN Business Perspectives Young workers who entered the US job market in the throes of the pandemic in 2020 faced an…
Continue Reading Two more states hit $5 a gallon gas prices
By Matt Egan The gas price spike keeps getting worse. The national average jumped to $4.87 a gallon on Monday, according to AAA. That’s up 25…
Continue Reading Stocks are itching for a turnaround. This won’t help
By Julia Horowitz, CNN Business Late last week, Microsoft — the second largest public company in the United States — leveled with its investors.…
Continue Reading The world’s biggest four-day work week pilot begins
By Anna Cooban, CNN Business Thousands of UK workers are starting a four-day work week from Monday with no cut to their pay in the largest trial of…
Continue Reading Didi’s stock jumps 50% on report that China’s probe is ending
By Michelle Toh, CNN Business Didi’s regulatory nightmare in China may be nearly over. That’s according to the Wall Street Journal, which…
Continue Reading Priyanka Chopra blasts ‘shameful’ Indian body spray ad promoting rape culture
By Kathleen Magramo, CNN A television commercial for a male body spray has been taken off the air in India, after critics said it made light of gang…
Continue Reading 50 years after Watergate, Woodward and Bernstein see lessons for today’s journalists
By Ramishah Maruf, CNN When Bob Woodward and Carl Bernstein published their groundbreaking Watergate reporting that led to the resignation of former…
Continue Reading 50 years after Watergate, Woodward and Bernstein see lessons for today’s journalists
By Ramishah Maruf, CNN When Bob Woodward and Carl Bernstein published their groundbreaking Watergate reporting that led to the resignation of former…
Continue Reading Starbucks workers claim their store is closing due to union activism
By Ramishah Maruf, CNN Starbucks workers at an Ithaca, New York, store claim their location is being shut down in retaliation for their union…
Continue Reading ‘Top Gun: Maverick’ soars to big second weekend, crosses $500 million worldwide
By Frank Pallotta, CNN Business A week after taking off at the box office, “Top Gun: Maverick” is still flying high. The sequel to the…
Continue Reading What to expect at Apple’s annual developer conference
By Samantha Murphy Kelly, CNN Business Apple is about to hold its annual developer conference this week where it’s expected to show off new…
Continue Reading The buzzy new drinking trend: Alcohol-free booze
By Danielle Wiener-Bronner, CNN Business Non-alcoholic alternatives to booze have been around for a while. But recently, the sector has been booming.…
Continue Reading Amazon’s stock price is set to drop, but that won’t make it cheaper
By Paul R. La Monica, CNN Business For many average investors, the price of just one Amazon share has been prohibitively expensive. There are a lot…
Continue Reading The buzzy new drinking trend: Alcohol-free booze
By Danielle Wiener-Bronner, CNN Business Non-alcoholic alternatives to booze have been around for a while. But recently, the sector has been booming.…
Continue Reading $1 billion has been lost in cryptocurrency scams since 2021, FTC warns
By Ramishah Maruf, CNN Cryptocurrency scammers have stolen over $1 billion from 46,000 people since the start of 2021, a new Federal Trade Commission…
Continue Reading At 17, she was her family’s breadwinner on a McDonald’s salary. Now she’s gone into space
By Jackie Wattles, CNN Business A rocket built by Jeff Bezos’ Blue Origin carried its fifth group of passengers to the edge of space, including…
Continue Reading Stellantis US arm pleads guilty to fraud and conspiracy in diesel emissions investigation
By Peter Valdes-Dapena, CNN Business The Michigan-based arm of the international automaker Stellantis has pleaded guilty and agreed to pay $300…
Continue Reading Amazon’s CEO of Worldwide Consumer resigns
By Catherine Thorbecke, CNN Business Dave Clark, Amazon’s Worldwide Consumer CEO, is resigning after 23 years at the e-commerce giant. Amazon…
Continue Reading Did you retire during the pandemic, but then decide to head back to work?
The pandemic pushed over 2.6 million more people into retirement than projected, according to the Federal Reserve Bank of St. Louis. The reasons for…
Continue Reading Opinion: Elon Musk’s work policy is bad for employees, but it’s even worse for Tesla
Opinion by Kara Alaimo for CNN Business Perspectives Earlier this week, Tesla CEO Elon Musk sent emails announcing that the company’s employees…
Continue Reading Tesla is trying an old trick to boost its stock. It may not work
By Julia Horowitz, CNN Business In recent years, when a company announced it was splitting its stock, Wall Street went wild. When Tesla revealed such…
Continue Reading Jeep Wrangler tips over again in IIHS crash test
By Peter Valdes-Dapena, CNN Business A Jeep Wrangler tipped over onto its side during a crash test by the Insurance Institute for Highway Safety.…
Continue Reading Starbucks is reopening in Shanghai
By Danielle Wiener-Bronner, CNN Business Starbucks is reopening in Shanghai, a sign of hope as the city slowly emerges from its strict Covid…
Continue Reading Job scams are on the rise. Watch out for these red flags
By Kathryn Vasel, CNN Business The strong labor market has given us near record low unemployment, higher wages — and an unfortunate uptick in…
Continue Reading Tesla reportedly hired a PR firm to monitor employees on Facebook
By Jordan Valinsky, CNN Business Tesla reportedly paid a consultancy firm to monitor employees’ Facebook interactions when some workers wanted…
Continue Reading LeBron James is now a billionaire
By Jordan Valinsky, CNN Business LeBron James is a billionaire, marking the first time an active NBA player has achieved that milestone, according to…
Continue Reading Google and Russia’s delicate dance
By Rishi Iyengar, CNN Business Russia has spent months either driving out American tech firms or watching them leave of their own accord over its war…
Continue Reading 3 signs that the US economy is already losing steam
By Julia Horowitz, CNN Business Fears about whether America could fall into a recession are dominating conversations among investors and pose a risk…
Continue Reading US employers added 390,000 jobs despite fears of slowdown
By Chris Isidore, CNN Business US employers added 390,000 jobs in May, representing a robust but slower pace of hiring, according to the Bureau of…
Continue Reading Amazon is closing its Kindle store in China
By Michelle Toh, CNN Business Amazon is shutting down its Kindle bookstore in China, marking another retreat by a Western tech giant in the…
Continue Reading The world may be careening toward a 1970s-style energy crisis — or worse
By Matt Egan, CNN Business The world is grappling with gravity-defying energy price spikes on everything from gasoline and natural gas to coal. Some…
Continue Reading Microsoft says it will support employees who want to unionize
By Rishi Iyengar, CNN Business Microsoft is leaving the door open to employees who want to form or join a union. The tech giant will…
Continue Reading More than a week after Uvalde massacre, officials are still avoiding the media’s questions about what happened
By Brian Stelter, CNN Business The obituaries for the shooting victims of Robb Elementary took up three full pages in the Uvalde Leader-News on…
Continue Reading Sheryl Sandberg’s complicated legacy at Facebook
Catherine Thorbecke, CNN Business For much of her first decade at Facebook, Sheryl Sandberg’s public stature grew alongside the size and…
Continue Reading Right-wing conspiracy outlet Infowars moves to exit bankruptcy
By Oliver Darcy, CNN Business Three companies tied to the far-right conspiracy theorist Alex Jones, including the fringe media organization Infowars,…
Continue Reading LeBron James is now a billionaire
By Jordan Valinsky, CNN Business LeBron James is a billionaire, marking the first time an active NBA player has achieved that milestone, according to…
Continue Reading Gas prices are skyrocketing. Here’s why people haven’t cut back on spending – yet
By Chris Isidore, CNN Business Soaring gas prices have done little to slow US drivers’ purchases at the pump. But they could start to spend…
Continue Reading More than a week after Uvalde massacre, officials are still avoiding the media’s questions about what happened
By Brian Stelter, CNN Business The obituaries for the shooting victims of Robb Elementary took up three full pages in the Uvalde Leader-News on…
Continue Reading More than a week after Uvalde massacre, officials are still avoiding the media’s questions about what happened
By Brian Stelter, CNN Business The obituaries for the shooting victims of Robb Elementary took up three full pages in the Uvalde Leader-News on…
Continue Reading Wendy’s is getting a shake-up — again
By Danielle Wiener-Bronner, CNN Business Last week, activist investor Nelson Peltz said in a regulatory filing that Trian Partners, his investment…
Continue Reading Ford announces $3.7 billion investment to build electric vehicles, trucks, new Mustang
By Peter Valdes-Dapena, CNN Business Ford announced a new $3.7 billion investment Thursday across three mid-western states to build a new…
Continue Reading ‘Top Gun: Maverick’ brings back the Taiwan flag after controversy
By Michelle Toh and Wayne Chang, CNN Business “Top Gun: Maverick” is now showing Taiwan’s official flag after an outcry, putting…
Continue Reading How America is coping with inflation: Buy what’s needed, nothing more
By Parija Kavilanz, CNN Business Prices are rising for just about everything, forcing millions of Americans to make increasingly difficult choices.…
Continue Reading $2 trillion in savings may not rescue the economy
By Julia Horowitz, CNN Business The CEO of the biggest US bank estimates that Americans are still sitting on $2 trillion in pandemic-era savings that…
Continue Reading Here’s when to say ‘no’ at work
By Kathryn Vasel, CNN Business You’ve just volunteered to help show a new colleague the ropes. But now you’re trying to figure out when…
Continue Reading The world may be careening toward a 1970s-style energy crisis — or worse
By Matt Egan, CNN Business The world is grappling with gravity-defying energy price spikes on everything from gasoline and natural gas to coal. Some…
Continue Reading Mortgage rates dip again, but it’s still tough to afford a home
By Anna Bahney, CNN Business Mortgage rates fell slightly this week, marking the third consecutive week of declines. But with rates hovering above 5%…
Continue Reading Opinion: Small businesses like mine are struggling to deal with rising prices for almost everything
Opinion by Mike Zaffaroni for CNN Business Perspectives The last time the American economy experienced explosive inflation, my company, Liberty…
Continue Reading Elon Musk threatens to walk away from Twitter deal
By Brian Fung, CNN Business Elon Musk issued his most direct threat yet to walk away from his purchase of Twitter on Monday, openly accusing the…
Continue Reading Electric supercar maker Rimac receives over $500 million investment from Porsche and others
By Peter Valdes-Dapena, CNN Business Rimac Group, the Croatian maker of exotic electric supercars that now controls Bugatti, announced that it…
Continue Reading Chewy may be getting out of Wall Street’s doghouse
By Paul R. La Monica, CNN Business So much for Amazon eating Chewy’s kibble. The pet supply e-tailer reported surprise profit and sales numbers…
Continue Reading 3 signs that the US economy is already losing steam
By Julia Horowitz, CNN Business Fears about whether America could fall into a recession are dominating conversations among investors and pose a risk…
Continue Reading America’s employers keep hiring despite high costs and a potential recession
By Anneken Tappe, CNN Business America’s employers are expected to have added hundreds of thousands of jobs in May, even in the face of high…
Continue Reading Brace yourselves for an economic ‘hurricane,’ Jamie Dimon says
By Paul R. La Monica, CNN Business Jamie Dimon is no meteorologist, but the JPMorgan Chase CEO is predicting an economic “hurricane”…
Continue Reading How Americans can watch the Queen’s Platinum Jubilee
By Anna Cooban, CNN Business Queen Elizabeth II is celebrating 70 years on the throne this weekend with a busy schedule of ceremonies, parades and…
Continue Reading OPEC agrees to pump more oil as Russian output drops
By Mark Thompson, CNN Business OPEC has agreed to pump more crude oil over the next two months as Russian production begins to drop because of…
Continue Reading OPEC agrees to pump more oil as Russian output drops
By Mark Thompson, CNN Business OPEC has agreed to pump more crude oil over the next two months as Russian production begins to drop because of…
Continue Reading Former OpenSea employee hit with first insider trading charges related to NFTs
By Catherine Thorbecke, CNN Business A former employee at digital marketplace OpenSea has been hit with the first-ever charges related to an alleged…
Continue Reading Sheryl Sandberg’s complicated legacy at Facebook
Catherine Thorbecke, CNN Business For much of her first decade at Facebook, Sheryl Sandberg’s public stature grew alongside the size and…
Continue Reading The new Chevrolet Bolt will be the cheapest electric vehicle in the US
By Matt McFarland, CNN Business General Motors announced Wednesday that it’s cut the price of the most affordable Chevrolet Bolt to $26,595,…
Continue Reading Sheryl Sandberg to step down as COO of Facebook-parent Meta
By Brian Fung and Rishi Iyengar, CNN Business Sheryl Sandberg is stepping down as chief operating officer of Facebook-parent Meta, the company…
Continue Reading John Madden appears on first ‘Madden’ cover since 2000 in tribute to late coach
By Frank Pallotta, CNN Business The cover of “Madden” has always held a special place in the world of video games and sports, but this…
Continue Reading Why you’re going to hate traveling this summer
By Chris Isidore, CNN Business Canceled flights, surging airfares, a rental car shortage, record gas prices and rising hotel prices. Welcome to the…
Continue Reading Report: Sales of internal combustion vehicles now in “permanent decline”
By Peter Valdes-Dapena, CNN Business Sales of non-plug-in internal combustion-powered vehicles peaked in 2017, according to a report by industry…
Continue Reading Report: Sales of internal combustion vehicles now in “permanent decline”
By Peter Valdes-Dapena, CNN Business Sales of non-plug-in internal combustion-powered vehicles peaked in 2017, according to a report by industry…
Continue Reading Inflation worries are real but this isn’t the 1970s
By Paul R. La Monica, CNN Business Inflation jitters are at a fever pitch, and some investing experts and economists are making comparisons to the…
Continue Reading Brace yourselves for an economic ‘hurricane,’ Jamie Dimon says
By Paul R. La Monica, CNN Business Jamie Dimon is no meteorologist, but the JPMorgan Chase CEO is predicting an economic “hurricane”…
Continue Reading ‘Ellen’ is over. Who will be the next queen of daytime TV?
By Frank Pallotta, CNN Business Ellen DeGeneres left her longtime talk show last week with tears in her eyes, a lineup of special guests and a huge…
Continue Reading ‘Ellen’ is over. Who will be the next queen of daytime TV?
By Frank Pallotta, CNN Business Ellen DeGeneres left her longtime talk show last week with tears in her eyes, a lineup of special guests and a huge…
Continue Reading Inflation worries are real but this isn’t the 1970s
By Paul R. La Monica, CNN Business Inflation jitters are at a fever pitch, and some investing experts and economists are making comparisons to the…
Continue Reading
Inflation worries are real but this isn’t the 1970s
By Paul R. La Monica, CNN Business Inflation jitters are at a fever pitch, and some investing experts and economists are making comparisons to the…
Continue Reading It’s so hard to find workers that employers have essentially stopped firing people
By Chris Isidore, CNN Business The number of workers being fired or laid off has hit the lowest point on record, the Labor Department reported…
Continue Reading California drought could cut state’s hydropower in half this summer
by Matt Egan, CNN The severe drought in California threatens to significantly undermine the state’s ability to generate hydroelectric power,…
Continue Reading Why you’re going to hate traveling this summer
By Chris Isidore, CNN Business Canceled flights, surging airfares, a rental car shortage, record gas prices and rising hotel prices. Welcome to the…
Continue Reading Instagram launches Amber Alerts to notify users of missing children in their area
By Catherine Thorbecke, CNN Business Instagram on Wednesday began rolling out an Amber Alert feature on its platform to notify users of missing…
Continue Reading Why US gas prices are at a record, and why they’ll stay high for a long time
By Chris Isidore, CNN Business Russia’s invasion of Ukraine is a major reason that US drivers are paying record prices for gasoline. But…
Continue Reading The next holy grail for EVs: Batteries free of nickel and cobalt
By Matt McFarland, CNN Business Twenty-one years ago, Bart Riley and co-founders bet their short-lived company, A123 Systems, on batteries free of…
Continue Reading Elon Musk tells Tesla employees: Return to the office, or else
By Chris Isidore, CNN Business Elon Musk is demanding that Tesla office workers return to in-person work or leave the company. The policy, disclosed…
Continue Reading Opinion: How streaming can avoid the same fate as cable TV
Opinion by Bill Carter for CNN Business Perspectives Streaming networks were the center of attention last month when the television industry — or,…
Continue Reading Why Russia isn’t hurting even as it cuts off Europe’s gas
By Anna Cooban, CNN Business Russia’s increasingly aggressive actions against its European gas customers are taking a toll. The country’s…
Continue Reading Target is ramping up discounts. Here’s why
By Nathaniel Meyersohn, CNN Business Target is stuck with too much home decor and too many TVs. To clear out the glut, it will ramp up discounts. The…
Continue Reading Amazon sharply criticizes looming antitrust bill in Congress
By Brian Fung, CNN Amazon has sharply criticized a looming antitrust bill in Congress that it says unfairly targets the company and could degrade its…
Continue Reading Why the average gas price is at $4.99 a gallon and how high it’ll go
By Chris Isidore, CNN Business Next stop, $5. The US average for the price of a gallon of regular gas hit $4.99 according to the most recent reading…
Continue Reading US gas prices jump to record high $4.67 a gallon
By Matt Egan, CNN Business Gas prices just took another big step in the wrong direction. The national average for regular gasoline climbed by five…
Continue Reading From Elon Musk to the Feds, ‘sustainable’ investments are under fire
By Julia Horowitz, CNN Business Investors have been increasingly eager in recent years to deploy their money in a way that supports sustainability…
Continue Reading From Elon Musk to the Feds, ‘sustainable’ investments are under fire
By Julia Horowitz, CNN Business Investors have been increasingly eager in recent years to deploy their money in a way that supports sustainability…
Continue Reading Chances are fairly high that you’re investing in a gun retailer. Here’s how to tell
By Nicole Goodkind, CNN Business The recent string of deadly shootings may send investors searching their portfolios to determine if they have…
Continue Reading Starbucks is reopening in Shanghai
By Danielle Wiener-Bronner, CNN Business Starbucks is reopening in Shanghai, a sign of hope as the city slowly emerges from its strict Covid…
Continue Reading Judge denies Sarah Palin’s bid for new libel trial against New York Times
By Melissa Alonso and Andy Rose, CNN A judge has denied former vice-presidential nominee and Alaskan governor Sarah Palin’s bid for a new trial…
Continue Reading Airlines, travel industry push White House to end testing requirements
By Gregory Wallace and Pete Muntean, CNN White House officials met Tuesday with travel industry leaders who pressed the Biden administration to end…
Continue Reading Supreme Court temporarily blocks Texas’s social media moderation law
By Brian Fung and Ariane de Vogue, CNN The Supreme Court of the United States temporarily blocked a sweeping Texas law on Tuesday that restricts the…
Continue Reading Supreme Court temporarily blocks Texas’s social media moderation law
By Brian Fung and Ariane de Vogue, CNN The Supreme Court of the United States temporarily blocked a sweeping Texas law on Tuesday that restricts the…
Continue Reading ‘Stranger Things 4’ breaks Netflix records
By Frank Pallotta, CNN Business Netflix’s world may be upside-down, but “Stranger Things” is still super popular. The latest season…
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