Ford cutting 3,000 corporate jobs as part of its shift to EVs
By Chris Isidore, CNN Business Ford is cutting 3,000 white collar jobs as it prepares to shift from traditional internal combustion engine vehicles…
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Twitter warns employees that their bonuses could be halved this year
By Catherine Thorbecke, CNN Business Twitter is warning employees that their bonuses might be half of what was originally expected at the start of…
Continue Reading Stocks tumble on fears of another big Fed rate hike
By Paul R. La Monica, CNN Business So much for hopes that the Federal Reserve will tap the brakes on its aggressive interest rate hikes. Stocks…
Continue Reading Why you can’t always throw AA batteries in the trash
By Matt McFarland, CNN Business There’s a good chance you aren’t disposing of your AA batteries properly. But you may not be to blame.…
Continue Reading Why the world’s second largest movie theater chain may be filing for bankruptcy
By Mark Thompson, CNN Business The owner of Regal Cinemas confirmed Monday that it was considering filing for bankruptcy but promised “business…
Continue Reading Markets are fighting the Fed
By Julia Horowitz, CNN Business Stocks have experienced a sharp summer rebound, easing fear among investors and boosting hopes the bear market has…
Continue Reading Where have the unicorns gone? The IPO window has slammed shut
By Paul R. La Monica, CNN Business Unicorns, the nickname for multi-billion dollar startups looking to go public, are starting to become an…
Continue Reading Bed Bath & Beyond shares tank on reports that suppliers have halted product shipments
By Parija Kavilanz, CNN Business Shareholders are pulling the rug out from under Bed Bath & Beyond. The embattled retailer’s stock dropped…
Continue Reading Why Jaws and E.T. are back in theaters
By Frank Pallotta, CNN Business In Hollywood, there’s the reboot, the remake and the requel. But now, coming this summer to a theater near you:…
Continue Reading 72% of economists expect a US recession by the middle of next year
By Matt Egan for CNN Business The Federal Reserve is unlikely to tame inflation without pushing the American economy into a recession, according to a…
Continue Reading French supermarkets and gas stations are capping prices
By Anna Cooban, CNN Business French supermarkets and gas stations have an answer to soaring inflation — freezing some prices for the next few…
Continue Reading Opinion: Corporate greed isn’t to blame for high inflation
Opinion by Stephen G. Cecchetti and Kermit L. Schoenholtz for CNN Business Perspectives In June, US inflation hit a 40-year high of 9% and…
Continue Reading Mexico City becomes ‘work from home’ haven for US expats, but locals are getting priced out
By David Culver and Karol Suarez, CNN Sandra Ortiz struggles to talk about her family’s restaurant without breaking down into tears.…
Continue Reading Zoom gets slammed: Stock plunges on weak outlook
By Paul R. La Monica, CNN Business The pandemic lift for Zoom has gone poof. Shares of the video conferencing company plunged more than 10% Tuesday…
Continue Reading Carmakers hit as China’s heatwave forces more power rationing
By Laura He, CNN Business China’s brutal heatwave is now hurting major players in the auto industry. The rationing of power in Sichuan province…
Continue Reading From energy to drinking water, China has lots to fix in its economy
By Laura He, CNN Business China has unveiled 19 new measures to shore up its economy and “secure drinking water” supply as the country…
Continue Reading Mexico City becomes ‘work from home’ haven for US expats, but locals are getting priced out
By David Culver and Karol Suarez, CNN Sandra Ortiz struggles to talk about her family’s restaurant without breaking down into tears.…
Continue Reading China slashes mortgage rate to tackle deepening property crisis
By Michelle Toh, CNN Business China’s central bank is cutting its benchmark interest rate for mortgages yet again as it tries to stem a…
Continue Reading Meta COO Sheryl Sandberg has tied the knot
By Rob McLean, CNN Business Meta exec Sheryl Sandberg tied the knot with businessman Tom Bernthal over the weekend. Sandberg — who announced in…
Continue Reading ‘Reliable Sources’: Why defending the press is essential to defending democracy
By Ramishah Maruf, CNN For over 30 years, “Reliable Sources” has covered the role the press plays in societies around the world. In the…
Continue Reading ‘Reliable Sources’: Why defending the press is essential to defending democracy
By Ramishah Maruf, CNN For over 30 years, “Reliable Sources” has covered the role the press plays in societies around the world. In the…
Continue Reading ‘Reliable Sources’: Why defending the press is essential to defending democracy
By Ramishah Maruf, CNN For over 30 years, “Reliable Sources” has covered the role the press plays in societies around the world. In the…
Continue Reading Chipotle debuts a ‘water cup’ candle. It smells like lemonade
By Zoe Sottile, CNN Lemonade thieves, Chipotle is on to you. The burrito chain has released a candle in honor of National Lemonade Day, which fell on…
Continue Reading Miller High Life has an ice cream that tastes like a dive bar
By Yenny Sanchez, CNN If you ever looked at a dive bar and thought “yum,” then this snack is for you. Miller High Life has partnered with…
Continue Reading They built their businesses on Instagram. Then the platform changed
By Clare Duffy, CNN Business After losing her construction job early in the pandemic, Kaitlin Tokar decided to try selling some of her vintage…
Continue Reading People are now testing Tesla’s ‘full self-driving’ on real kids
By Matt McFarland, CNN Business Carmine Cupani wanted to set the record straight. So he asked his young son to stand in the path of his Tesla as it…
Continue Reading Bugatti hopes its last gas-only car will also be the world’s fastest convertible
By Peter Valdes-Dapena, CNN Business Bugatti has unveiled what the French automaker hopes will be the world’s fastest convertible. The…
Continue Reading Walmart is expanding abortion coverage for employees
By Parija Kavilanz, CNN Business Walmart, the nation’s largest private employer, is expanding travel and abortion coverage for its US employees…
Continue Reading Stocks tumble on fears of another big Fed rate hike
By Paul R. La Monica, CNN Business So much for hopes that the Federal Reserve will tap the brakes on its aggressive interest rate hikes. Stocks…
Continue Reading Opinion: Late-night television’s golden age is over
Opinion by Bill Carter for CNN Business Perspectives In July, TBS announced that, after seven seasons, “Full Frontal with Samantha Bee”…
Continue Reading CEO famed for higher pay advocacy exits after sexual assault allegations
By Nicole Goodkind, CNN Business Dan Price was the poster child for resisting corporate greed, making headlines in 2015 for setting a minimum $70,000…
Continue Reading Bugatti hopes its last gas-only car will also be the world’s fastest convertible
By Peter Valdes-Dapena, CNN Business Bugatti has unveiled what the French automaker hopes will be the world’s fastest convertible. The…
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Here’s how US credit card debt has changed in 5 years
How much credit card debt have Americans paid down in the last five years? Experian looked at the average credit card balance at the national and…
Continue Reading Meta suspends anti-vaccine group led by RFK, Jr.
By Brian Fung, CNN Business Meta has permanently removed Facebook and Instagram accounts belonging to Children’s Health Defense, the…
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 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…
Continue Reading 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…
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