Money

By Paul R. La Monica, CNN Business Banks are in a bind. Rising interest rates should be good news for financial firms because they boost…

By Julia Horowitz, CNN Business Rishi Sunak, Britain’s third prime minister in seven weeks, will face the huge challenge of projecting…

By Laura He, CNN Business Hong Kong stocks had their worst day since the 2008 global financial crisis, just a day after Chinese leader Xi Jinping…

By Chris Isidore, CNN Business There is one surefire cure for high gas prices. Unfortunately, it’s far worse than the problem itself: A…

By Paul R. La Monica, CNN Business The housing market is rapidly losing steam. Interest rates continue to rise. The stock market remains volatile.…

By Harmeet Kaur, CNN Diwali seems to be everywhere this year. More and more major brands are recognizing the festival of lights, running ad campaigns…

By Andy Rose, CNN The owner and co-founder of the sports drink company Red Bull has died, the company announced Saturday. Dietrich Mateschitz began…

Reuters A US judge in Texas ruled on Friday that people killed in two Boeing 737 MAX crashes are legally considered “crime victims,” a…

By Allison Morrow, CNN Business Dozens of federal officials made lucrative stock and mutual fund trades in early 2020 as the government was preparing…

By Alicia Wallace, CNN Business The US budget deficit was slashed in half during fiscal year 2022, a record $1.4 trillion drop driven by the winding…

Swati Gupta, CNN Business Google is facing the heat in India. The country’s antitrust regulator has imposed a penalty of approximately 13.4…

Jon Sarlin, CNN Business The big news in crypto this week came via a court filing in Texas. FTX, the crypto giant that is led by arguably the most…

By Vanessa Yurkevich and Chris Isidore, CNN Business US freight railroads rejected a new sick leave proposal from a union of track maintenance…

By Nicole Goodkind, CNN Business Former US Treasury Secretary Larry Summers said on Thursday that it’s “substantially” more likely…

By Paul R. La Monica, CNN Business Fads come and go in fashion. (Are skinny jeans no longer a thing?) The same is true of the stock market. Investors…

By Laura He, CNN Business Chinese stocks have hit multi-year lows in New York and Hong Kong amid growing concerns about China’s rising Covid…

By Chris Isidore, CNN Business It’s not at all clear if President Joe Biden’s latest announcement that he’s releasing oil from the…

By Jeanne Sahadi, CNN Business Inflation may be pushing prices up, but it also may help push up your take-home pay starting next year. Thanks to…

By Nathaniel Meyersohn, CNN Business The proposed $25 billion Kroger-Albertsons grocery giant merger is already running into significant opposition…

By Angela Dewan, CNN Finally, some good news in the battle against greenhouse gasses: Carbon dioxide (CO2) emissions from the burning of fossil fuels…

By Paul R. La Monica, CNN Business October 19, 1987. A brief but violent stock market crash. Can it happen again? Probably not. The Dow plummeted…

By Michelle Toh, CNN Business Hong Kong wants international firms to know it means business. The city’s leader, Chief Executive John Lee,…

By Rhea Mogul, CNN He has about 2,500 kilometers to go until his journey is complete. But the great-grandson of India’s first prime minister…

By Peter Valdes-Dapena, CNN Business Foxconn, the Taiwanese company best known for building Apple’s iPhones, recently showed off two new…

By Frank Pallotta, CNN Business After two quarters of bleeding subscribers, Netflix appears to be back on track — in a big way. The streaming…