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.…
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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.…
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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…
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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%…
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By Samantha Murphy Kelly, CNN Business Google on Thursday unveiled its new Pixel 7 smartphone lineup and its first-ever Pixel smartwatch, packed with…
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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…
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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…
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By Samantha Murphy Kelly, CNN Business Google on Thursday unveiled its new Pixel 7 smartphone lineup and its first-ever Pixel smartwatch, packed with…
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By Jordan Valinsky, CNN Business Tyson Foods is the latest company closing its Chicago-area offices, joining Boeing, Caterpillar and Citadel among…
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By Jordan Valinsky, CNN Business Peloton is undergoing another round of layoffs — its fourth this year — with about 500 jobs being eliminated, as…
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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…
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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…
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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.…
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By Catherine Thorbecke, CNN Business Amazon suspended dozens of workers at its only unionized warehouse on Tuesday, one day after they organized a…
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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…
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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…
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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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By Paul R. La Monica, CNN Business Maybe that October market rally has some legs after all? Stocks were mostly unchanged Wednesday, even as a fresh…
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By Nicole Goodkind, CNN Business Persistently high inflation, the Federal Reserve’s tightening policy and record-breaking US debt have wreaked…
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By Hanna Ziady, CNN Business OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of…
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By Hanna Ziady, CNN Business OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of…
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By Parija Kavilanz, CNN Business REI has quit Black Friday, forever. For the past seven years, the retailer has closed its doors on the day after…
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By Laura He and Emiko Jozuka, CNN Business A quarter of a century ago, a major financial crisis ripped through Asia, shaking its economies to the…
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By Jennifer Korn, CNN Business A board seat accepted and then rejected. A stunning $44 billion takeover offer with uncertain financing. And a…
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By Oliver Darcy, CNN Business On Monday night, inside the upscale Parisian restaurant L’Avenue at Saks in midtown Manhattan, MSNBC President…
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By Alicia Wallace, CNN Business America’s national debt has climbed north of $31 trillion for the first time, a milestone that comes at a time…
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By Jeanne Sahadi, CNN Business The competition to be listed among Fortune’s Most Powerful Women has gotten a little stiffer this year. In…
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By Rachel Metz, CNN Business The White House on Tuesday released a set of guidelines it hopes will spur companies to make and deploy artificial…
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By Peter Valdes-Dapena, CNN Business Average car prices are shooting higher and higher thanks to continued auto parts shortages. Interest rates are…
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By Catherine Thorbecke, CNN Business Micron on Tuesday said it would invest up to $100 billion over the next two decades to build a massive…
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By Matt Egan, CNN Business Congressman Ro Khanna wants Federal Reserve Chairman Jerome Powell to apologize for the central bank’s handling of…
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By Jeanne Sahadi, CNN Business One of the best ways to build wealth in the United States is to own your own business. But just 2% of businesses with…
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By Jeanne Sahadi, CNN Business One of the best ways to build wealth in the United States is to own your own business. But just 2% of businesses with…
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By Clare Duffy, CNN Business Elon Musk on Monday sent a letter to Twitter proposing to follow through with his deal to buy the company at the…
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By Allison Morrow, CNN Business Ray Dalio, the billionaire founder of the world’s largest hedge fund, is stepping down from his role at the…
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By Paul R. La Monica, CNN Business Is the worst really over on Wall Street? It’s too soon to say. But stocks rose sharply again Tuesday…
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By Alicia Wallace, CNN Business The tight US labor market started to show signs of loosening in August. The number of job openings dropped to just…
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By Brian Fung, CNN The European Union is one step closer to forcing Apple and other electronics vendors to use a single charging standard for devices…
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By Parija Kavilanz, CNN Business What staffing shortage? One Miami Chick-fil-A owner/operator has been deluged with applications after switching his…
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By Nicole Goodkind, CNN Business The Federal Reserve’s aggressive tightening policy has led the US dollar to appreciate to multi-decade highs,…
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By Scottie Andrew, CNN Jack Thomas’ byline appeared in the Boston Globe for an impressive 60 years. He was a copy boy to start, working for the…
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By Allison Morrow, CNN Business Ray Dalio, the billionaire founder of the world’s largest hedge fund, is stepping down from his role at the…
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By Katharina Krebs and Anna Chernova, CNN Marina Ovsyannikova, a Russian journalist who staged a daring protest live on state-run television, has…
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By Clare Duffy, CNN Business When Parag Agrawal took over as Twitter’s CEO last November following co-founder Jack Dorsey’s surprise…
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By Jordan Valinsky, CNN Business For the “Why didn’t I think of that?” file: A startup that sells water in beer cans —…
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By Nicole Goodkind, CNN Business The Federal Reserve’s aggressive tightening policy has led the US dollar to appreciate to multi-decade highs,…
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By Catherine Thorbecke, CNN Business Elon Musk drew backlash on Monday from Ukrainian officials, including President Volodymyr Zelensky, for his…
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By Anna Cooban, CNN Business It wasn’t hard for Samantha Losey, managing director of Unity, a public relations firm in London, to convince her…
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By Paul R. La Monica, CNN Business Major CEOs aren’t buying the notion that the US economy could have a soft landing following a series of…
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By Parija Kavilanz, CNN Business South Korean internet giant Naver is acquiring leading online resale platform Poshmark for $1.2 billion, the…
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By Matt Egan, CNN Business US Rep. Ro Khanna is calling for the White House to retaliate against Saudi Arabia if OPEC and its allies slash oil…
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By Catherine Thorbecke, CNN Business Elon Musk drew backlash on Monday from Ukrainian officials, including President Volodymyr Zelensky, for his…
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By Parija Kavilanz, CNN Business Tupperware containers will now be available at Target, in a major shift for the 76-year-old brand. Generally the…
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By Alicia Wallace, CNN Business The devastation wrought by Hurricane Ian likely caused more than $50 billion in damages — and also dinged overall…
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By Alicia Wallace, CNN Business The devastation wrought by Hurricane Ian likely caused more than $50 billion in damages — and also dinged overall…
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By Rachel Metz, CNN Business Elizabeth Holmes, the founder of failed blood testing startup Theranos who was convicted of fraud earlier this year, may…
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By Chris Isidore, CNN Business Could Wall Street’s love affair with Elon Musk be over? Six months ago Tesla shares were flying high. The…
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By Parija Kavilanz, CNN Business In the spirit of holiday cheer, here’s the good news first: Christmas tree farms say this year’s harvest…
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By Nicole Goodkind, CNN Business It’s been a hard year for markets, and investors are looking for a bit of reprieve as we enter the fourth…
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By Jeanne Sahadi, CNN Business You’ve been working and saving for decades for just this moment: retirement. Even though you may be ready to…
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By Paul R. La Monica, CNN Business Stocks kicked off October with more treats than tricks for investors. The market rallied to begin the fourth…
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By Jordan Valinsky, CNN Business Kentucky Fried Chicken is bringing back a fan favorite after a nearly decade-long hiatus. Beginning Monday, KFC is…
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By Ramishah Maruf, CNN Tesla announced its delivery and production numbers for the third quarter Sunday, reporting 343,000 total deliveries and…
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By Paul R. La Monica, CNN Business Investors, economists and members of the Federal Reserve will be poring over the September jobs report on Friday…
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Around the world, markets are flashing warning signs that the global economy is teetering on a cliff’s…
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By Nathaniel Meyersohn, CNN Business Spam is cool. The 85-year-old canned block of meat has undergone a cultural reinvention. Hormel has sold a…
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By Parija Kavilanz, CNN Business In the spirit of holiday cheer, here’s the good news first: Christmas tree farms say this year’s harvest…
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By Nathaniel Meyersohn, CNN Business Freebies are back at the grocery store after a long pandemic hiatus. Trader Joe’s brought back in-store…
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By Chris Isidore and Matt Egan, CNN Business Kim Kardashian agreed to pay a $1.26 million fine to the Securities and Exchange Commission to settle…
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By Parija Kavilanz, CNN Business Amazon on Monday launched a new shopping portal called Amazon Access that is designed for shoppers receiving…
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By Chris Isidore and Matt Egan, CNN Business Kim Kardashian agreed to pay a $1.26 million fine to the Securities and Exchange Commission to settle…
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By Jordan Valinsky, CNN Business Dream, a YouTube star with more than 30 million subscribers, has finally revealed his face after hiding behind a…
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By Julia Horowitz, CNN Business Shares of Credit Suisse plunged to a fresh record low on Monday as jittery investors trained their attention on the…
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By Kathleen Magramo and Shawn Deng, CNN A Chinese billionaire and a former University of Minnesota student who accused him of rape have reached an…
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By Mark Thompson and Adam Renton, CNN The British government is reversing plans to scrap the highest rate of income tax, announcing the embarrassing…
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By Ramishah Maruf, CNN Tesla announced its delivery and production numbers for the third quarter Sunday, reporting 343,000 total deliveries and…
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By Ramishah Maruf, CNN United Airlines is temporarily halting service at New York’s JFK Airport, saying its schedule there is too small to…
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By Frank Pallotta, CNN Business “Saturday Night Live” kicked off its 48th season on Saturday night with host Miles Teller as former NFL…
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By Frank Pallotta, CNN Business “Saturday Night Live” kicked off its 48th season on Saturday night with host Miles Teller as former NFL…
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Bridget O’Brian, CNN Business Disney has blocked its content from being shown on Dish TV and Sllng TV channels after the companies were unable…
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By Jay Croft, CNN Texas-based commercial rocket company Firefly launched a rocket into space Friday morning, about a year after a previous attempt…
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By Catherine Thorbecke, CNN Business Anyone watching the first episode of “Ring Nation” this week would have seen short clips of a man…
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By Matt McFarland, CNN Business Tesla revealed on Friday a prototype of a humanoid robot that it says could be a future product for the automaker.…
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By Vanessa Yurkevich, CNN Business About 15% of Nick Wishnatzki’s 650-acre family strawberry farm sustained damage from Hurricane Ian. His…
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By Vanessa Yurkevich, CNN Business About 15% of Nick Wishnatzki’s 650-acre family strawberry farm sustained damage from Hurricane Ian. His…
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By Matt McFarland, CNN Business Tesla will hold its second annual AI Day in Palo Alto, California, Friday evening. The six-hour event will include…
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By Oliver Darcy, CNN Business Daniel Glaun woke up on Thursday morning not knowing whether or not his home had fallen victim to Hurricane Ian. Glaun,…
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By Paul R. La Monica, CNN Business September was a horrible month for stocks. The Dow fell nearly 9%, its worst monthly drop since March 2020, when…
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By Tami Luhby and Alicia Wallace, CNN Americans are feeling more positive about the economy and believe inflation will settle down — but plenty of…
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By Matt Egan The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe’s massive energy vulnerabilities, former…
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By Matt Egan The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe’s massive energy vulnerabilities, former…
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By Nathaniel Meyersohn, CNN Business Add Nike to the list of brands and stores discounting excess merchandise to clear it off shelves. Nike said…
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By Mark Thompson, CNN Business There was good news and bad in Friday’s revised data about the UK economy. It grew — marginally — in the…
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By Rachel Metz, CNN Business If you’ve ever wanted to use artificial intelligence to quickly design a hybrid between a duck and a corgi, now is…
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By Chris Isidore, CNN Business Hurricane Ian may have caused as much as $47 billion in insured losses, according to the latest estimate, which could…
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By Allison Morrow, CNN Business All week, there have events in the news that have come in under of the banner of “this hasn’t happened…
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By Jeanne Sahadi, CNN Business Stocks and bonds are trading in bear territory. And given current circumstances, it’s fair to assume the markets…
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By Parija Kavilanz, CNN Business Spanx, a brand founded by shapewear pioneer Sara Blakely, has named Kim Jones her successor as CEO. The…
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By Matt McFarland, CNN Business GM’s self-driving car subsidiary Cruise said earlier this year that it wants to add as many as 5,000 more…
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By Chris Isidore, CNN Business Hurricane Ian may have caused as much as $47 billion in insured losses, according to the latest estimate, which could…
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By Anna Cooban, CNN Business EU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some…
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