How to avoid the world’s second biggest economy in your portfolio
By Paul R. La Monica, CNN Business The Chinese economy presents some unique challenges for investors. On one hand, China is home to several of the…
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Rivian shares plunge after saying it won’t work with Ford on EVs
By Chris Isidore, CNN Business Shares of upstart electric truck maker Rivian plunged as much as 17% on Monday after the company said that it is no…
Continue Reading Hedge fund known for cutting journalism jobs is seeking to buy more newspapers
By Kerry Flynn, CNN Business Alden Global Capital, a hedge fund known for gutting local newsrooms, is seeking to buy Lee Enterprises, a publicly…
Continue Reading Astra stock soars after first successful rocket launch
By Jackie Wattles, CNN Business Astra, a startup building small rockets that launch out of rural Alaska, notched its first successful test flight on…
Continue Reading Jeff Bezos donates $100 million to Obama foundation in honor of John Lewis
By Reuters Amazon founder Jeff Bezos is donating $100 million to the Obama Foundation in honor of Congressman John Lewis, a hero of the U.S. civil…
Continue Reading Target says it will never open on Thanksgiving again
By Nathaniel Meyersohn, CNN Business Say goodbye to Target runs on Thanksgiving. Target said Monday that it will close all of its stores on…
Continue Reading Drive-thrus are all screwed up. Here’s what it’ll take to fix them
Late this summer, drive-thru times slowed by about 26 seconds compared to last year, according to a study. That may not seem like much — but in the…
Continue Reading Here’s why gas is so cheap at Costco and Walmart
Gas prices are skyrocketing, and Americans want to save at the pump. That plays right into the hands of Costco, BJ’s Wholesale Club and Sam’s…
Continue Reading This cult teen brand is quitting social media amid growing safety concerns
By Parija Kavilanz, CNN Business Trendy soaps brand Lush Cosmetics is quitting Facebook, Instagram, TikTok and Snapchat on Friday in a radical move…
Continue Reading Jerome Powell’s first term was among the most controversial of any Fed chairman
By Chris Isidore, CNN Business Jerome Powell’s tenure leading the Federal Reserve has been among the most tumultuous in the central…
Continue Reading US home sales on track for the best year since 2006
By Anna Bahney Despite low inventory and rising prices, home sales inched higher in October, marking a second straight month of growth, according to…
Continue Reading Why Jay Powell’s second Fed term could be even tougher than his first
By Julia Horowitz, CNN Business The news moves fast. Yesterday, we looked at whether President Joe Biden would reappoint Federal Reserve Chair Jerome…
Continue Reading Biden to nominate Jerome Powell as Federal Reserve chairman
By Kaitlan Collins, Kate Sullivan, Betsy Klein and Matt Egan, CNN President Joe Biden on Monday formally announced his intent to nominate Jerome…
Continue Reading He took charge of Amazon’s biggest moneymaker. Now he faces a new set of challenges
By Clare Duffy, CNN Business When Jeff Bezos decided to give up his role as Amazon’s chief executive earlier this year, it prompted the company…
Continue Reading Amazon faces Black Friday strikes by workers across Europe
By Walé Azeez, CNN Business Amazon is facing strikes by warehouse workers and delivery drivers across Europe as its busiest weekend of the year…
Continue Reading Stock rally fizzles out despite relief over Powell’s second term at the Fed
By Anneken Tappe, CNN Business Wall Street approved of President Joe Biden’s intention to nominate Jerome Powell for a second term at the helm…
Continue Reading Jonah Goldberg and Stephen Hayes resign from Fox News, protesting ‘irresponsible’ voices like Tucker Carlson
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Could Fed Chair Jerome Powell be replaced?
By Julia Horowitz, CNN Business When it comes to influence over the global economy, few people in the world are more powerful than Jerome Powell,…
Continue Reading Elizabeth Holmes to resume testimony in her own criminal trial
By Sara Ashley O’Brien, CNN Business For months, Elizabeth Holmes sat silently, masked, in a San Jose federal courtroom as the government…
Continue Reading Elizabeth Holmes to resume testimony in her own criminal trial
By Sara Ashley O’Brien, CNN Business For months, Elizabeth Holmes sat silently, masked, in a San Jose federal courtroom as the government…
Continue Reading China fines Alibaba, Tencent and Baidu for more antitrust violations
By Jill Disis, CNN Business China is bringing the regulatory hammer down yet again on some of the country’s largest tech firms. Alibaba,…
Continue Reading China may have to juice its economy soon as ‘stagflation’ risk rises
By Laura He, CNN Business A Chinese central official has warned that stagflation could weigh on an already struggling economy next year. It’s…
Continue Reading Jonah Goldberg and Stephen Hayes resign from Fox News, protesting ‘irresponsible’ voices like Tucker Carlson
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Jonah Goldberg and Stephen Hayes resign from Fox News, protesting ‘irresponsible’ voices like Tucker Carlson
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Justin Bieber called on to cancel Saudi Arabia concert by slain journalist’s fiancée
By Ramishah Maruf, CNN Business The fiancée of murdered journalist Jamal Khashoggi wrote an open letter published by the Washington Post calling for…
Continue Reading Nikole Hannah-Jones: Anti-CRT coverage is a ‘propaganda campaign’
By Ramishah Maruf, CNN Business What began as a Pulitzer Prize-winning New York Times Magazine cover story, the 1619 Project has now produced two…
Continue Reading Nikole Hannah-Jones: Anti-CRT coverage is a ‘propaganda campaign’
By Ramishah Maruf, CNN Business What began as a Pulitzer Prize-winning New York Times Magazine cover story, the 1619 Project has now produced two…
Continue Reading ‘Ghostbusters: Afterlife’ scares up a solid opening at the box office
By Frank Pallotta, CNN Business In 1984, “Ghostbusters” became one of the most popular comedies in film history. Now, nearly four decades…
Continue Reading El Salvador plans first ‘Bitcoin City’, backed by bitcoin bonds
Reuters El Salvador plans to build the world’s first “Bitcoin City”, funded initially by bitcoin-backed bonds, President Nayib…
Continue Reading El Salvador plans first ‘Bitcoin City’, backed by bitcoin bonds
Reuters El Salvador plans to build the world’s first “Bitcoin City”, funded initially by bitcoin-backed bonds, President Nayib…
Continue Reading ‘SNL’ has Judge Jeanine go over the Kyle Rittenhouse verdict and a chat with Donald Trump
By Frank Pallotta, CNN Business There was a lot of news to cover from this week, and “Saturday Night Live” had its Judge Jeanine take it…
Continue Reading Here’s why Gen Z is unionizing
By Ramishah Maruf, CNN Business Even among the generally youthful demographic of Starbucks workers unionizing in Buffalo, New York, 17-year-old Maya…
Continue Reading Drive-thrus are all screwed up. Here’s what it’ll take to fix them
By Danielle Wiener-Bronner, CNN Business Late this summer, drive-thru times slowed by about 26 seconds compared to last year, according to a study.…
Continue Reading Drive-thrus are all screwed up. Here’s what it’ll take to fix them
By Danielle Wiener-Bronner, CNN Business Late this summer, drive-thru times slowed by about 26 seconds compared to last year, according to a study.…
Continue Reading How hoarding saved Black Friday
By Julia Horowitz, CNN Business For months, there have been warnings to shoppers: Get through your holiday to-do list early. Wait until Black Friday…
Continue Reading ‘SNL’ has Judge Jeanine go over the Kyle Rittenhouse verdict and a chat with Donald Trump
By Frank Pallotta, CNN Business There was a lot of news to cover from this week, and “Saturday Night Live” had its Judge Jeanine take it…
Continue Reading She died from a snakebite. But the real killer was her husband
By Rhea Mogul and Esha Mitra, CNN Uthra’s mother found her daughter lying motionless in bed at the family home, her left arm dotted with blood.…
Continue Reading Apple affirms employees’ right to speak about working conditions, in a win for #AppleToo movement
By Clare Duffy, CNN Business Apple posted a statement to its employees Friday evening reminding them of their rights to speak up about their pay and…
Continue Reading Fox’s Tucker Carlson gets exclusive access to Kyle Rittenhouse and his defense team during trial
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for it free…
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Fox’s Tucker Carlson gets exclusive access to Kyle Rittenhouse and his defense team during trial
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for it free…
Continue Reading CVS had every advantage, but it lost the pandemic. Here’s what happened
By Nathaniel Meyersohn, CNN Business CVS’ announcement Thursday that it will close 900 stores over the next three years — around 10% of its…
Continue Reading Subway co-founder Peter Buck, who turned $1,000 into a billion, dies
By Ramishah Maruf, CNN Business Subway co-founder Peter Buck, who turned his initial investment of $1,000 into more than a billion dollars, died…
Continue Reading Here’s why gas is so cheap at Costco and Walmart
By Nathaniel Meyersohn, CNN Business Gas prices are skyrocketing, and Americans want to save at the pump. That plays right into the hands of Costco,…
Continue Reading Phone glitch leaves some Tesla drivers locked out
One of the perks of owning a Tesla is using your smartphone as a key to open and drive your car. It does away with carrying a separate key fob in…
Continue Reading Elizabeth Holmes takes the stand in her criminal trial
By Sara Ashley O’Brien, CNN Business Elizabeth Holmes, the disgraced founder and former CEO of Theranos, is taking the stand in her own…
Continue Reading Marriott rejected Uyghur conference to maintain ‘political neutrality’
By Matt Egan, CNN Business The Marriott hotel in Prague refused to host a conference this month aimed at drawing attention to alleged human rights…
Continue Reading Natalie Morales says goodbye to ‘Today’ after 22 years at NBC
By Kerry Flynn, CNN Business Natalie Morales said farewell on Friday to her viewers and colleagues on “Today” after 22 years at NBC.…
Continue Reading Natalie Morales says goodbye to ‘Today’ after 22 years at NBC
By Kerry Flynn, CNN Business Natalie Morales said farewell on Friday to her viewers and colleagues on “Today” after 22 years at NBC.…
Continue Reading After 11 weeks of testimony and many delays, prosecution rests case against Elizabeth Holmes
By Sara Ashley O’Brien, CNN Business After testimony from 29 witnesses, federal prosecutors are resting their case against Elizabeth Holmes,…
Continue Reading The supply chain is messing with the squishy golden dumpling everyone wants
By Parija Kavilanz, CNN Business An animated dumpling called “Dart,” with a shiny gold chrome body that pops out of its head when you…
Continue Reading Hyundai and Kia are going big with upcoming electric vehicles
By Peter Valdes-Dapena, CNN Business Hyundai and Kia look to be going big with their future electric SUVs. The South Korean automaker siblings both…
Continue Reading WTA threat to quit China over Peng Shuai’s disappearance puts Porsche and SAP in a bind
By Walé Azeez, CNN Business The threat by the Women’s Tennis Association (WTA) to quit China after one of its stars, Peng Shuai, disappeared…
Continue Reading Marriott rejected Uyghur conference to maintain ‘political neutrality’
By Matt Egan, CNN Business The Marriott hotel in Prague refused to host a conference this month aimed at drawing attention to alleged human rights…
Continue Reading Algorithms are everywhere. Here’s why you should care
By Rachel Metz, CNN Business Every time you pick up your smartphone, you’re summoning algorithms. They’re used for everything from…
Continue Reading Algorithms are everywhere. Here’s why you should care
By Rachel Metz, CNN Business Every time you pick up your smartphone, you’re summoning algorithms. They’re used for everything from…
Continue Reading Fleet operators want Teslas. But not ‘full self-driving’
By Matt McFarland, CNN Business Westport, Connecticut police chief Foti Koskinas would love it if his patrol cars could drive themselves, but his…
Continue Reading Oil selloff intensifies on Covid fears and risk of US-China intervention
By Matt Egan, CNN Business The oil market has gone from booming to busting, much to the relief of inflation-weary American drivers ahead of the…
Continue Reading ‘Ghostbusters: Afterlife’ hits theaters. Will audiences answer the call?
By Frank Pallotta, CNN Business In 1984, a film about three New York City owners of an unconventional startup took the country by storm, leading…
Continue Reading ‘Ghostbusters: Afterlife’ hits theaters. Will audiences answer the call?
By Frank Pallotta, CNN Business In 1984, a film about three New York City owners of an unconventional startup took the country by storm, leading…
Continue Reading CVS is closing 900 stores, and the big winner is Dollar General
By Nathaniel Meyersohn, CNN Business CVS is heading in the wrong direction: Traditional pharmacies are on the decline, and America’s largest…
Continue Reading Two Senate Democrats urge Biden not to keep Jerome Powell at the helm of the Fed
By Matt Egan, CNN Business Democratic Senators Sheldon Whitehouse and Jeff Merkley on Friday came out against to keeping Jerome Powell at the helm of…
Continue Reading Macy’s stock, once left for dead, is roaring back to life
By Julia Horowitz, CNN Business In spring 2020, in the depths of coronavirus lockdowns, investors couldn’t dump Macy’s stock fast enough.…
Continue Reading How hoarding saved Black Friday
By Julia Horowitz, CNN Business For months, there have been warnings to shoppers: Get through your holiday to-do list early. Wait until Black Friday…
Continue Reading One week until Black Friday. Investors have already loaded up the shopping carts with retail stocks
By Paul R. La Monica, CNN Business It’s no secret that consumers love Amazon, Walmart and Target. But they are not the only retailers that…
Continue Reading Indian farmers forced Modi to back down on new laws. So why aren’t they going home?
By Esha Mitra and Rhea Mogul CNN Santosh Singh’s earliest memory is of tilling soil on his family’s farm. Now, the 70-year-old…
Continue Reading Alibaba shares plunge nearly 11% after warning of slower growth
By Laura He and Paul R. La Monica, CNN Business Shares of Alibaba plummeted in Hong Kong on Friday after the tech giant warned of weaker growth this…
Continue Reading Press Freedom Awards ceremony stands up for journalists in ‘increasingly repressive world’
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading India’s Prime Minister Modi to repeal controversial farm laws following more than a year of protests
By Manveena Suri, Vedika Sud, Arpit Goel and Rhea Mogul, CNN India’s Prime Minister Narendra Modi said Friday he would repeal three contentious…
Continue Reading Hoffa critic elected to succeed him as Teamster president
By Chris Isidore, CNN Business Sean O’Brien will be the next president of the 1.4-million member Teamsters union, succeeding James Hoffa, the…
Continue Reading State attorneys general launch investigation into Meta-owned Instagram’s impact on kids
By Clare Duffy, CNN Business A bipartisan group of 10 state attorneys general have launched an investigation into Meta, the social media company…
Continue Reading The ‘Great Migration’ during Covid may not have actually happened
By Alicia Wallace, CNN Business The “Great Migration” may not be as pronounced as once thought. The US Census Bureau this week released…
Continue Reading Hundreds of Activision Blizzard employees sign petition demanding CEO Bobby Kotick’s resignation
By Rishi Iyengar, CNN Business Activision Blizzard’s longtime CEO Bobby Kotick is facing mounting pressure from employees to step down amid the…
Continue Reading Shares of Sweetgreen soar following Wall Street debut
By Danielle Wiener-Bronner, CNN Business Wall Street is hungry for fancy salads. Sweetgreen’s stock nearly doubled in price mid-day Thursday,…
Continue Reading A group of crypto investors tried to buy a copy of the Constitution. It didn’t work out
By Paul R. La Monica, CNN Business A group of cryptocurrency investors took the notion “We the people” from the US Constitution to the…
Continue Reading We tried Tesla’s ‘full self-driving.’ Here’s what happened
By Matt McFarland, CNN Business When a dozen small children crossed in front of our Tesla with “full self-driving,” I had good reason to…
Continue Reading Phone glitch leaves some Tesla drivers locked out
One of the perks of owning a Tesla is using your smartphone as a key to open and drive your car. It does away with carrying a separate key fob in…
Continue Reading CVS is closing 900 stores
CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to the changing of “consumer buying…
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This holiday shopping season is going to be tough. Here are 4 ways to keep from overspending
As supply chain disruptions continue to impact businesses around the globe, consumers could have a tough time holiday shopping this year — whether…
Continue Reading How to find lower prices and avoid empty shelves during the holiday shopping rush
By now, everyone knows about supply chain chaos and rising inflation that are disrupting the holiday shopping season. The Grinch is loose this…
Continue Reading CVS is closing 900 stores
By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to…
Continue Reading Exclusive: House Democrats call for Biden to ban oil exports and tap emergency reserves
By Matt Egan, CNN Business Nearly a dozen Congressional Democrats are urging President Joe Biden to combat high gas prices by not only releasing…
Continue Reading Trump SPAC must be investigated, Elizabeth Warren demands
By Matt Egan, CNN Business Democratic Senator Elizabeth Warren wants federal regulators to investigate whether any laws were broken by the shell…
Continue Reading Inflation is coming for your cup of coffee next
By Matt Egan, CNN Business Not even coffee is immune to the powerful forces of extreme weather and inflation. Coffee futures climbed on Thursday to…
Continue Reading UN to Elon Musk: Here’s that $6 billion plan to fight world hunger
By Jackie Wattles, CNN Business The director of the United Nations’ World Food Programme laid out a plan to spend $6.6 billion to combat world…
Continue Reading UN to Elon Musk: Here’s that $6 billion plan to fight world hunger
By Jackie Wattles, CNN Business The director of the United Nations’ World Food Programme laid out a plan to spend $6.6 billion to combat world…
Continue Reading CVS is closing 900 stores
By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to…
Continue Reading How to find lower prices and avoid empty shelves during the holiday shopping rush
By Nathaniel Meyersohn, CNN Business By now, everyone knows about supply chain chaos and rising inflation that are disrupting the holiday shopping…
Continue Reading Paytm is still struggling to convince investors after disastrous IPO
By Jill Disis, CNN Business Paytm is starting to stage a recovery from its disastrous stock market debut last week, but the digital payments firm…
Continue Reading Nearly half of Victoria’s Secret’s holiday products have been stuck at ports or in transit
By Parija Kavilanz, CNN Business Victoria’s Secret says that nearly 50% of its holiday merchandise is stuck in transit as Black Friday quickly…
Continue Reading Alibaba warns of slower growth after missing Wall Street’s earnings estimates
By Paul R. La Monica, CNN Business Alibaba reported sales and earnings for the third quarter that missed forecasts and warned that results for the…
Continue Reading Elizabeth Holmes trial: Journalist who helped ‘raise to prominence’ Theranos CEO takes witness stand
By Sara Ashley O’Brien, CNN Business Journalist Roger Parloff, who wrote the first major cover story on Theranos’ Elizabeth Holmes and…
Continue Reading Cathay Pacific fires three pilots who caught Covid-19 in Germany
By Duarte Mendonca, CNN Cathay Pacific has fired three pilots after they were infected with coronavirus in the German city of Frankfurt. The Hong…
Continue Reading This holiday shopping season is going to be tough. Here are 4 ways to keep from overspending
Opinion by Catherine Franssen for CNN Business Perspectives As supply chain disruptions continue to impact businesses around the globe, consumers…
Continue Reading Oil prices are finally falling. Thank China and Joe Biden
By Julia Horowitz, CNN Business The price of oil has shot up this fall, boosting profits for major producers but hurting the wallets of drivers who…
Continue Reading Why Amazon is opening an in-person cloud skills center to train workers for other companies
By Clare Duffy, CNN Business Entering the new Amazon Web Services Skills Center is a bit like walking into a high-tech museum. Among its exhibits are…
Continue Reading Why Amazon is opening an in-person cloud skills center to train workers for other companies
By Clare Duffy, CNN Business Entering the new Amazon Web Services Skills Center is a bit like walking into a high-tech museum. Among its exhibits are…
Continue Reading Thanksgiving dinner will cost Americans 14% more this year, survey finds
By Vanessa Yurkevich, CNN Business Thanksgiving dinner will cost 14% more this year, according to new survey by the American Farm Bureau Federation.…
Continue Reading Starbucks and Amazon Go open concept store in New York City
By Danielle Wiener-Bronner, CNN Business Starbucks is leaning into tech with its new concept store. Essentially, it’s a mashup of a regular…
Continue Reading What Epic Games CEO Tim Sweeney thinks about Apple, China and the ‘metaverse’
By Yoonjung Seo, CNN Business Tim Sweeney is on a mission. The Epic Games CEO has been mounting a relentless attack on Apple, after the tech giant…
Continue Reading Europe was already facing a winter gas crisis. The risks just got even bigger
By Julia Horowitz, CNN Business When Germany announced this week that it had suspended the process of certifying a controversial new Russian gas…
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