Wealthy shoppers are splurging at Macy’s. Low-income shoppers are pulling back at Walmart
By Nathaniel Meyersohn, CNN Business Decades-high inflation is leading to a split in American consumers’ behavior. Affluent shoppers are…
Continue Reading
By Nathaniel Meyersohn, CNN Business Decades-high inflation is leading to a split in American consumers’ behavior. Affluent shoppers are…
Continue Reading
By Julia Horowitz, CNN Business When Ukrainian President Volodymyr Zelensky spoke by video to a packed room at the World Economic Forum in Davos,…
Continue Reading
By Paul R. La Monica, CNN Business China’s economy has slumped as Covid cases surged in the world’s most populous country. But Chinese…
Continue Reading
By Frank Pallotta, CNN Business “Top Gun: Maverick” took off at the box office this weekend — setting a new record in the process. The…
Continue Reading
By Jessie Yeung, CNN Business China’s cabinet held an emergency meeting with more than 100,000 participants on Wednesday, according to state…
Continue Reading
By Frank Pallotta, CNN Business “Top Gun: Maverick” hits theaters this weekend, marking the return of one of the biggest movie stars of…
Continue Reading
By Frank Pallotta, CNN Business “Top Gun: Maverick” hits theaters this weekend, marking the return of one of the biggest movie stars of…
Continue Reading
By Anneken Tappe, CNN Business America’s economy shrank in the first quarter of the year at a slightly faster rate than initially reported, the…
Continue Reading
By Anneken Tappe, CNN Business America’s economy shrank in the first quarter of the year at a slightly faster rate than initially reported, the…
Continue Reading
By Frank Pallotta, CNN Business Jimmy Kimmel delivered yet another emotional plea to America’s lawmakers after a mass shooting in America. The…
Continue Reading
By Anna Cooban and James Frater, CNN Business Europe’s united front against Moscow is being put to the test as countries struggle to agree a…
Continue Reading
By Anna Cooban, CNN Business The UK government is introducing a £5 billion ($6.3 billion) tax on the windfall profits of its oil and gas companies,…
Continue Reading
By Allison Morrow, CNN Business The deepening chasm between the crypto evangelists and naysayers may never have been as stark. On Wednesday,…
Continue Reading
By Samantha Murphy Kelly, CNN Business Millions of students who participated in virtual learning during the Covid-19 pandemic had their personal data…
Continue Reading
By Frank Pallotta, CNN Business Jimmy Kimmel delivered yet another emotional plea to America’s lawmakers after a mass shooting in America. The…
Continue Reading
By Mark Thompson and Clare Sebastian, CNN Business Russia slashed interest rates on Thursday as a resurgent ruble — buoyed by robust oil and gas…
Continue Reading
By Jessie Yeung, CNN Business China’s cabinet held an emergency meeting with more than 100,000 participants on Wednesday, according to state…
Continue Reading
By Brian Fung, CNN Business Twitter has agreed to pay $150 million in fines after the US government sued the social media company on Wednesday,…
Continue Reading
By Matt McFarland, CNN Business Retail sales of new cars are forecast to fall 20.9% this month compared to the same time last year, amid vehicle…
Continue Reading
By Anneken Tappe, CNN Business The Federal Reserve means business when it comes to tightening monetary policy. After raising its benchmark interest…
Continue Reading
By Matt Egan, CNN Business Energy Secretary Jennifer Granholm said President Joe Biden is laser-focused on knocking down sky-high gasoline prices,…
Continue Reading
By Nathaniel Meyersohn, CNN Business At the grocery store, shoppers have seen food prices increase at their fastest pace in decades. Yet the price of…
Continue Reading
By Jackie Wattles, CNN Business Boeing’s Starliner spacecraft made a safe return home from its five-day stay at the International Space Station…
Continue Reading
By Clare Duffy, CNN Business Twitter on Wednesday held what could be its last annual shareholder meeting as a public company for a long time after…
Continue Reading
By Julia Horowitz, CNN Business Mykhailo Fedorov, Ukraine’s minister of digital transformation, hadn’t left the country since Russia…
Continue Reading
By Julia Horowitz, CNN Business Mykhailo Fedorov, Ukraine’s minister of digital transformation, hadn’t left the country since Russia…
Continue Reading
By Paul R. La Monica, CNN Business What crypto crash? Bitcoin prices may be plunging, but you wouldn’t know it by checking out the cars on the…
Continue Reading
By Samantha Murphy Kelly, CNN Business Millions of students who participated in virtual learning during the Covid-19 pandemic had their personal data…
Continue Reading
By Danielle Wiener-Bronner, CNN Business Wendy’s may be up for sale. In a Tuesday filing with the Securities and Exchange Commission,…
Continue Reading
By Jordan Valinsky, CNN Business Sweet and salty are a famous pair when it comes to snacks, and a new Oreo and Ritz collaboration is leveraging just…
Continue Reading
Opinion by Kara Alaimo for CNN Business Perspectives Earlier this month, a federal appeals court ruled that a Texas law, which allows residents to…
Continue Reading
By Allison Morrow, CNN Business In the peak of 2020 lockdowns, giant oil companies had a wake-up call. Demand had cratered, sapping profits, and it…
Continue Reading
By Brian Fung, CNN Dozens of Democratic lawmakers urged Google on Tuesday to limit the amount of location data it collects and keeps on its users…
Continue Reading
By Brian Fung, CNN Dozens of Democratic lawmakers urged Google on Tuesday to limit the amount of location data it collects and keeps on its users…
Continue Reading
By Parija Kavilanz, CNN Business Yeezy Gap has postponed the launch of its Balenciaga collection following the deadly shooting at a Texas elementary…
Continue Reading
By Parija Kavilanz, CNN Business Yeezy Gap has postponed the launch of its Balenciaga collection following the deadly shooting at a Texas elementary…
Continue Reading
By Michelle Toh, CNN Business Luckin Coffee, the Chinese startup that became mired in a fraud scandal and was kicked off Wall Street two years ago,…
Continue Reading
By Jessie Yeung, CNN Business China’s cabinet held an emergency meeting with more than 100,000 participants on Wednesday, according to state…
Continue Reading
By Diksha Madhok, CNN Business India has decided to restrict the sale of sugar on international markets, just days after it banned wheat exports. In…
Continue Reading
By Rhea Mogul, CNN A court in southern India on Tuesday sentenced a man to 10 years in prison in a ruling that found he abused his wife over their…
Continue Reading
By Danielle Wiener-Bronner, CNN Business First Coca-Cola cut Tab, Odwalla and Zico coconut water. Now, Honest Tea is getting axed. “The Honest…
Continue Reading
By Anna Bahney, CNN Business The double punch of high home prices and rising mortgage rates took a toll on sales of newly constructed homes in April.…
Continue Reading
By Paul R. La Monica, CNN Business This summer has long been forecast as a potential boom time for the travel industry. Retailers and economists have…
Continue Reading
By Julia Horowitz, CNN Business When Ukrainian President Volodymyr Zelensky spoke by video to a packed room at the World Economic Forum in Davos,…
Continue Reading
By Jeanne Sahadi, CNN Business Russia’s invasion of Ukraine may have marked the start of “a third world war,” and Russian President…
Continue Reading
By Brian Stelter, CNN Business “It’s like the O.J. Simpson trial but with technology.” That’s what Autumn Witbeck, a…
Continue Reading
By Kathryn Vasel, CNN Business Millions of employees started working remotely after the pandemic first took hold in 2020. But now, more people are…
Continue Reading
By Rachel Metz, CNN Business Since launching in five US cities in 2007, Google’s Street View cars have been circling the globe, using…
Continue Reading
By Paul R. La Monica, CNN Business Wall Street was not in a particularly social mood Tuesday. Social media stocks plummeted following an ominous…
Continue Reading
By Anna Cooban, CNN Business Brits are bracing for another huge hike in their energy bills, and pressure is mounting on the UK government to impose a…
Continue Reading
By Brian Fung, CNN Key parts of a Florida law restricting social media platforms’ ability to moderate content likely violate the First…
Continue Reading
By Brian Fung, CNN Key parts of a Florida law restricting social media platforms’ ability to moderate content likely violate the First…
Continue Reading
Opinion by Mark Wolfe for CNN Business Perspectives In March, the US Department of Commerce opened an investigation to determine if four countries…
Continue Reading
By Allison Morrow, CNN Business One of the many buzzwords percolating around Davos this week is “fragmentation,” the force economists…
Continue Reading
By Rachel Metz, CNN Business Cher Scarlett, a software engineer, has a history of being misidentified by face-scanning technology, including one…
Continue Reading
By Rachel Metz, CNN Business Cher Scarlett, a software engineer, has a history of being misidentified by face-scanning technology, including one…
Continue Reading
By Rachel Metz, CNN Business Since launching in five US cities in 2007, Google’s Street View cars have been circling the globe, using…
Continue Reading
By Rachel Metz, CNN Business Cher Scarlett, a software engineer, has a history of being misidentified by face-scanning technology, including one…
Continue Reading
By Michelle Toh, CNN Business Samsung on Tuesday outlined a plan to pour more than $350 billion into its businesses and create tens of thousands of…
Continue Reading
By Michelle Toh, CNN Business Samsung on Tuesday outlined a plan to pour more than $350 billion into its businesses and create tens of thousands of…
Continue Reading
By Anna Cooban, CNN Business Brits are bracing for another huge hike in their energy bills, and pressure is mounting on the UK government to impose a…
Continue Reading
By Reuters Snap Inc said the economy had worsened faster than expected in the last month and the social media company slashed its quarterly forecast,…
Continue Reading
By Sahar Akbarzai and Michelle Toh, CNN Business Airbnb will shut down its listings in China after two years of lockdowns in the country “with…
Continue Reading
By Rishi Iyengar, CNN Business Some workers at Activision Blizzard have officially unionized, marking the company’s first union and the video…
Continue Reading
By Allison Morrow, CNN Business One of the many buzzwords percolating around Davos this week is “fragmentation,” the force economists…
Continue Reading
By Alicia Wallace, CNN Business Things were looking up for most Americans at the end of last year, with many households reporting their financial…
Continue Reading
By Jackie Wattles, CNN Business Boeing managed to dock a spacecraft at the International Space Station late last week, but it was not without several…
Continue Reading
By Paul R. La Monica, CNN Business Investors took a break from selling in May and going away, for one day at least. Stocks soared Monday, as positive…
Continue Reading
By Julia Horowitz, CNN Business The global economy is being brought to the edge of a precipice by crisis upon crisis. As the first World Economic…
Continue Reading
By Paul R. La Monica, CNN Business Stablecoins are unstable. Cryptocurrencies don’t act like currency. Does digital money ever stand a chance…
Continue Reading
By Catherine Thorbecke, CNN Business Facebook-parent Meta on Monday said it would soon offer more transparency and information to researchers about…
Continue Reading
By Nicole Goodkind, CNN Business What goes up must come down, and what goes bull must go bear. The conventional wisdom is that a bit of market…
Continue Reading
Opinion by Lakshman Achuthan and Anirvan Banerji for CNN Business Perspectives The economy is close to entering a recession, perhaps as soon as this…
Continue Reading
By Brian Fung, CNN Business Washington, DC, Attorney General Karl Racine sued Mark Zuckerberg on Monday, accusing the Facebook co-founder of…
Continue Reading
By Nathaniel Meyersohn, CNN Business It’s happened to just about everyone who’s bored in line waiting to check out at a store: You spot a…
Continue Reading
Believe it or not, people still order takeout using the phone. Applebee’s doesn’t want to take those calls…
Continue Reading
By Paul R. La Monica, CNN Business Inflation concerns have made it a brutal year for stocks, but wireless service is one area where prices…
Continue Reading
By Nicole Goodkind, CNN Business What goes up must come down, and what goes bull must go bear. The conventional wisdom is that a bit of market…
Continue Reading
By Jordan Valinsky, CNN Business Goldman Sachs CEO David Solomon said he’s “devastated” about the shooting Sunday on a New York…
Continue Reading
By Allison Morrow, CNN Business In early 2021, in the midst of speculative stock market euphoria, a pair of day traders went viral on TikTok with a…
Continue Reading
By Anna Cooban, CNN Business Germany’s frustration over some European countries’ resistance to an embargo of Russia’s oil was laid…
Continue Reading
By Michelle Toh, CNN Business Shareholders voted Monday in favor of Didi’s plan to quit the New York Stock Exchange less than a year after…
Continue Reading
By Julia Horowitz, CNN Business The global economy is being brought to the edge of a precipice by crisis upon crisis. As the first World Economic…
Continue Reading
By Matt Egan, CNN The White House is considering an emergency declaration that would enable President Joe Biden to release diesel from a rarely used…
Continue Reading
By Tami Luhby, CNN The Covid-19 pandemic has been good for the wallets of the wealthy. Some 573 people have joined the billionaire ranks since 2020,…
Continue Reading
By Ramishah Maruf, CNN Business Elon Musk is going after Insider for publishing a story alleging he sexually harassed a flight attendant on a SpaceX…
Continue Reading
By Ramishah Maruf, CNN Business Elon Musk is going after Insider for publishing a story alleging he sexually harassed a flight attendant on a SpaceX…
Continue Reading
By Parija Kavilanz, CNN Business Industry insiders have long feared a situation just like this: American parents are desperately seeking adequate…
Continue Reading
By Parija Kavilanz, CNN Business Industry insiders have long feared a situation just like this: American parents are desperately seeking adequate…
Continue Reading
By Peter Valdes-Dapena, CNN Business The new Nissan Z is one of the most important models in the car maker’s recent history — not for any…
Continue Reading
By Nicole Goodkind, CNN Business To badly misquote John Lennon: Everybody’s talking about inflation, stagflation, capitulation, globalization,…
Continue Reading
By Frank Pallotta, CNN Business “Saturday Night Live” closed out its 47th season by saying goodbye to two of its most beloved cast…
Continue Reading
By Julia Horowitz, CNN Business The last time top politicians, CEOs and billionaires gathered in a Swiss mountain village to discuss society’s…
Continue Reading
By Frank Pallotta, CNN Business “Saturday Night Live” closed out its 47th season by saying goodbye to two of its most beloved cast…
Continue Reading
By Ramishah Maruf, CNN Georgia will be home to Hyundai’s first dedicated EV plant and battery manufacturing facility in the United States, the…
Continue Reading
By Ramishah Maruf, CNN J.M. Smucker is recalling certain types of Jif peanut butter in the US because of a potential salmonella contamination. The…
Continue Reading
By Danielle Wiener-Bronner, CNN Business Believe it or not, people still order takeout using the phone. Applebee’s doesn’t want to take…
Continue Reading
By Gabe Cohen, CNN Business Nicosha Jones spent nearly a year trying to buy her first home. Jones, 48, planned to build equity by buying a home in…
Continue Reading
By Anna Bahney, CNN Business The double punch of high home prices and rising mortgage rates took a toll on sales of newly constructed homes in April.…
Continue Reading
Opinion by Børge Brende for CNN Business Perspectives The war in Ukraine, a challenging economic outlook, rising global temperatures and a…
Continue Reading