Pandemic-era splurging on pets could be over
By Paul R. La Monica, CNN Business Worries about the economy have suddenly put shares of pet supply retailers in Wall Street’s doghouse. Shares…
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Kohl’s and Gap have a surprising plan for this season’s unsold clothing
By Nathaniel Meyersohn, CNN Business Retailers are overstocked on clothing, and some are packing it away in hopes of selling it in future seasons.…
Continue Reading Opinion: We have finally gotten some relief at the pump. But it may not last long
Opinion by Patrick De Haan for CNN Business Perspectives Americans have never seen a wilder year when it comes to gas prices, thanks to the…
Continue Reading Tesla must allow workers to wear clothing supporting union
The National Labor Relations Board said on Monday it was unlawful for Tesla to prohibit employees from wearing shirts bearing union insignia, ruling…
Continue Reading Consumers are still buying lots of furniture, electronics, home decor and clothing — from each other
By Parija Kavilanz, CNN Business Savvy consumers have found a way around sky-high inflation to keep buying more than just necessities. They’re…
Continue Reading The pandemic was bad for Britain’s iconic pubs. This could be worse
By Julia Horowitz, CNN Business First it was the coronavirus pandemic that forced pubs to shut their doors and rely on government support to survive…
Continue Reading Rich people are worried about spending. That’s bad news for everyone else
By Nicole Goodkind, CNN Business After a period of angst, Americans appear to be feeling a bit better about the economy. What’s happening: The…
Continue Reading Fed Chair Jerome Powell says ‘some pain’ is on the horizon. Here’s what that means
By Alicia Wallace, CNN Business In a blunt speech last Friday, Federal Reserve Chairman Jerome Powell warned that the central bank’s battle…
Continue Reading Mukesh Ambani prepares to hand a $220 billion empire to his children
By Diksha Madhok, CNN Business Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while…
Continue Reading China stocks hit four-week low as Covid cases spread and factory output shrinks
By Laura He, CNN Business Chinese markets fell on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome…
Continue Reading China shuts world’s largest electronics market as Shenzhen imposes more lockdowns
By Nectar Gan and CNN’s Beijing bureau China’s southern city of Shenzhen on Monday shut down the world’s largest electronics market…
Continue Reading Indian billionaire Gautam Adani is now the world’s third richest man
By Michelle Toh, CNN Business Gautam Adani was already Asia’s richest man. Now he’s also the world’s third richest person,…
Continue Reading Madam C.J. Walker, America’s first female self-made millionaire, is now a Barbie
By Zoe Sottile, CNN Madam. C.J. Walker, the first self-made female millionaire in the U.S., is the next female role model to be honored in…
Continue Reading DeLorean’s new car looks nothing like the one you remember. Here’s why
By Peter Valdes-Dapena, CNN Business If you’ve seen the new DeLorean Alpha5 electric car, you might be disappointed that it doesn’t look…
Continue Reading Stocks may fall even further. Here’s how to protect your portfolio
By Jeanne Sahadi, CNN Business Things were starting to look up for investors. After stocks got clobbered in the first half of the year, they started…
Continue Reading It now costs more than $300,000 to raise a child, thanks to inflation
By Ramishah Maruf, CNN Soaring inflation has made almost everything more expensive. And it has significantly increased the cost of one major budget…
Continue Reading Honda, LG announce $4.4 billion US battery factory for EVs
By Matt McFarland, CNN Business Honda has struck a deal with Korean battery giant LG Energy Solution to build a $4.4 billion US factory to supply its…
Continue Reading European power prices shatter records as energy crisis intensifies
By Julia Horowitz, CNN Business Power prices in Europe continue to smash records, intensifying the region’s energy crisis and fanning fears…
Continue Reading Stocks start off September with a late day rally
By Paul R. La Monica, CNN Business New month. Same old market volatility. Stocks rallied at the end of first day of September, which is historically…
Continue Reading Stocks slip in volatile trading as investors prepare for more big rate hikes
By Paul R. La Monica, CNN Business Welcome to the lazy, crazy days of summer on Wall Street. Stocks fell again Monday in a choppy session. So it…
Continue Reading Starbucks’ Pumpkin Spice Latte is coming back at a higher price
By Jordan Valinsky, CNN Business Not even Starbucks’ Pumpkin Spice Latte is immune to inflation. The fall favorite, which returns Tuesday, is…
Continue Reading Opinion: Social media companies like Twitter can’t be trusted to regulate themselves
Opinion by Kara Alaimo for CNN Business Perspectives The latest bombshell about Twitter’s alleged lack of security and potential…
Continue Reading Opinion: Social media companies like Twitter can’t be trusted to regulate themselves
Opinion by Kara Alaimo for CNN Business Perspectives The latest bombshell about Twitter’s alleged lack of security and potential…
Continue Reading Private sector job growth slows to just 132,000 positions added in August, new ADP report shows
Martha C. White for CNN Business The private sector added 132,000 jobs in August, an indication that the white-hot pace of hiring could be slowing…
Continue Reading China’s yuan slid to the weakest in two years as hawkish Fed signals more rate hikes
By Laura He, CNN Business The Chinese yuan sank to the lowest level in two years after hawkish comments by Federal Reserve chairman Jerome Powell…
Continue Reading Snag a $3 movie ticket for National Cinema Day
By Zoe Sottile, CNN Movie attendance hasn’t bounced back after the pandemic, leaving Hollywood struggling to lure audiences back into theaters.…
Continue Reading Layoffs. Losses. Plunging share prices. These pandemic winners are now struggling
By Chris Isidore, CNN Business Few companies flourished more amid the pandemic’s economic upheaval than Peloton. With people unable (or…
Continue Reading The most expensive baseball card in history just sold for $12.6 million
By Zoe Sottile, CNN Dig out your old baseball cards. They might just be worth eight figures at auction. A Mickey Mantle baseball card from 1952 sold…
Continue Reading Caution: September is historically a dismal month for stocks
By Paul R. La Monica, CNN Business August is about to come to a close, which means that the summer is almost over in the Northern Hemisphere. (Have…
Continue Reading Caution: September is historically a dismal month for stocks
By Paul R. La Monica, CNN Business August is about to come to a close, which means that the summer is almost over in the Northern Hemisphere. (Have…
Continue Reading Why HBO Max is removing so many series and films
By Frank Pallotta, CNN Business When HBO Max launched in 2020, it was designed to be the streaming home for everything Warner Bros., DC and HBO, with…
Continue Reading Krispy Kreme debuts new doughnut in honor of Artemis I mission
By Zoe Sottile, CNN One small step for a man, one giant leap for… doughnuts? Krispy Kreme will launch a special, limited-edition Artemis Moon…
Continue Reading Here’s why Wendy’s in Canada has given its iconic red-headed mascot gray hair
By Ramishah Maruf, CNN The Wendy’s mascot has a new hairdo on its Canadian social media sites — all in support of one of the…
Continue Reading Here’s why Wendy’s in Canada has given its iconic red-headed mascot gray hair
By Ramishah Maruf, CNN The Wendy’s mascot has a new hairdo on its Canadian social media sites — all in support of one of the…
Continue Reading A Chipotle in Michigan becomes the company’s first location to unionize
By Ramishah Maruf, CNN Workers at a Chipotle Mexican Grill in Lansing, Michigan, voted to unionize Thursday, becoming the first of the fast-casual…
Continue Reading How to take advantage of rising interest rates
By Jeanne Sahadi, CNN Business Federal Reserve Chairman Jerome Powell on Friday made clear that interest rates were likely to continue moving higher…
Continue Reading Sandy Hook families ask judge to order Alex Jones to relinquish control of his company, alleging he transferred millions to himself and family
By Sonia Moghe, CNN The families of Sandy Hook victims allege that Alex Jones’ company Free Speech Systems has “systematically…
Continue Reading Ford is raising the price of its electric SUV as much as $8,000
By Peter Valdes-Dapena, CNN Business Just weeks after announcing it was raising the price of the Ford F-150 Lightning electric pickup, Ford announced…
Continue Reading Here’s how the Fed is reading today’s jobs report
By Nicole Goodkind, CNN Business The US has a jobs problem: There are too many of them. There are currently around two jobs available for every…
Continue Reading Russia is burning off millions of dollars in gas every day. Here’s why
By Anna Cooban, CNN Business Russia is burning an estimated $10 million worth of natural gas a day near its border with Finland, analysts say, even…
Continue Reading This closely watched inflation measure showed some cooling in July
By Alicia Wallace, CNN Business The Federal Reserve’s favored inflation indicator showed that prices took a breather last month as fuel costs…
Continue Reading Fed chair Jerome Powell warns fight against inflation will bring ‘some pain’
By Martha C. White At the Federal Reserve’s annual Jackson Hole Economic Symposium, chairman Jerome Powell telegraphed a greater sense of…
Continue Reading Fed chair Jerome Powell warns fight against inflation will bring ‘some pain’
By Martha C. White Federal Reserve chairman Jerome Powell warned that the central bank’s mission to tame inflation will result in “some…
Continue Reading Yes, the unemployment rate rose. Here’s why that’s good news
Martha C. White On Friday, the Bureau of Labor Statistics reported that the US unemployment rate had ticked up to 3.7% in August, an increase that…
Continue Reading What managers should know about ‘quiet quitting’
By Jeanne Sahadi, CNN Business The now viral phrase “quiet quitting” is annoyingly imprecise and misleading. Some say it means doing the…
Continue Reading Russia is burning off millions of dollars in gas every day. Here’s why
By Anna Cooban, CNN Business Russia is burning an estimated $10 million worth of natural gas a day near its border with Finland, analysts say, even…
Continue Reading Strikes sweep Britain as soaring inflation savages living standards
By Anna Cooban, CNN Business Workers in the United Kingdom have had enough of falling living standards. Rail workers, journalists, lawyers, and…
Continue Reading All eyes will be on Jerome Powell at the Fed’s Jackson Hole economic summit
Martha C. White Inflation talk is expected to dominate the Federal Reserve’s annual summer gathering in Jackson Hole, Wyoming, which kicked off…
Continue Reading Don’t pay too much attention to what Jerome Powell says today
By Julia Horowitz, CNN Business The big event for investors on Friday is in Jackson Hole, Wyoming, where Federal Reserve Chair Jerome Powell will…
Continue Reading Pet owners, Maytag feels your laundry pain
By Parija Kavilanz, CNN Business We love our pets, but their shedding? Not so much. Pesky pet hair and dander loves to cling on to clothes and it…
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