Why the looming bear market will be different
By Julia Horowitz, CNN Business When a bear market arrives, it’s not pretty, especially for investors making short-term decisions. But it…
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China slashes key interest rate as housing sales collapse
By Laura He, CNN Business China on Friday slashed a key interest rate to rescue its slumping housing market and head off a major downturn in the…
Continue Reading China needs Russian coal. Moscow needs new customers
By Laura He, CNN Business China is buying record amounts of cheap Russian coal, even as Western nations slam Moscow with sanctions over the invasion…
Continue Reading China needs Russian coal. Moscow needs new customers
By Laura He, CNN Business China is buying record amounts of cheap Russian coal, even as Western nations slam Moscow with sanctions over the invasion…
Continue Reading Mercedes just sold the world’s most expensive car for $142 million
By Peter Valdes-Dapena, CNN Business Mercedes-Benz confirmed on Thursday that it recently sold the world’s most expensive car. A very rare 1955…
Continue Reading Female Afghan TV journalists describe a ‘psychological prison’ amid Taliban order to cover their faces on air
By Christiane Amanpour, Jo Shelley, Ahmet Mengli and Maddie Araujo, CNN It’s a somber Thursday morning at TOLOnews, Afghanistan’s leading…
Continue Reading Female Afghan TV journalists describe a ‘psychological prison’ amid Taliban order to cover their faces on air
By Christiane Amanpour, Jo Shelley, Ahmet Mengli and Maddie Araujo, CNN It’s a somber Thursday morning at TOLOnews, Afghanistan’s leading…
Continue Reading NHTSA investigates Tesla crash that killed three
By Matt McFarland, CNN Business The National Highway Traffic Safety Administration said Wednesday that it is investigating a Tesla crash in Newport…
Continue Reading NHTSA investigates Tesla crash that killed three
By Matt McFarland, CNN Business The National Highway Traffic Safety Administration said Wednesday that it is investigating a Tesla crash in Newport…
Continue Reading The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an empty…
Continue Reading Ford advising 39,000 Expedition and Navigator owners to park outside due to fire risk
By Peter Valdes-Dapena, CNN Business Ford is advising the owners of 39,013 Ford Expedition and Lincoln Navigator SUVs to park their vehicles outdoors…
Continue Reading The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an empty…
Continue Reading The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an empty…
Continue Reading The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an empty…
Continue Reading Plunging stocks, recession fears. Here’s how to protect your money
By Jeanne Sahadi, CNN Business When it comes to fraying nerves, this spring is really outperforming. Stocks are now in bear market territory.…
Continue Reading Rents in the US just hit another record high
By Anna Bahney, CNN Business Rents in the US climbed to a new record high again in April, and they are expected to keep rising. The national median…
Continue Reading Retailers just sounded an alarm on inflation. It’s worth heeding
By Julia Horowitz, CNN Business Shares of retailers were pummeled on Wednesday as investors dug through the latest earnings results from Target and…
Continue Reading First on CNN: Sean Connery’s own classic Aston Martin is for sale
By Peter Valdes-Dapena, CNN Business James Bond, the fictional British secret agent, has driven lots of different cars in the more than two dozen…
Continue Reading Taco Bell’s Mexican Pizza finally returns to menus
By Jordan Valinsky, CNN Business Taco Bell’s highly anticipated Mexican Pizza finally returns to menus Thursday following a roughly two-year…
Continue Reading US home sales fell again in April as prices hit another record high
By Anna Bahney, CNN Business Home sales fell for the third consecutive month in April as rising mortgage rates and affordability challenges pushed…
Continue Reading Mortgage rates ticked lower, but are still well above 5%
By Anna Bahney, CNN Business Mortgage rates fell slightly last week, but purchasing a home still remains difficult for many prospective buyers. The…
Continue Reading Worst may not be over for the market. Stocks fall again
By Paul R. La Monica, CNN Business The 2022 stock market meltdown may not be over just yet. Stocks fell again Thursday, following Wednesday’s…
Continue Reading Retailers just sounded an alarm on inflation. It’s worth heeding
By Julia Horowitz, CNN Business Shares of retailers were pummeled on Wednesday as investors dug through the latest earnings results from Target and…
Continue Reading Elon Musk proves once again that the rules don’t apply to him
By Chris Isidore, CNN Business How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else? The simple…
Continue Reading Global markets slide after a tough day on Wall Street
By Laura He, CNN Business Asian markets mostly closed lower on Thursday and European indexes slid in early trade following a rough day on Wall…
Continue Reading Indian court frees killer of ex-Prime Minister Rajiv Gandhi
By Esha Mitra, CNN India’s top court on Wednesday granted the release of a man convicted of killing former Indian Prime Minister Rajiv Gandhi,…
Continue Reading Dow tumbles 1,160 points in worst trading day since June 2020
By Nicole Goodkind, CNN Business The old joke goes like this: Two friends are at a resort and one says, “The food here is really…
Continue Reading Worst may not be over for the market. Stocks fall again
By Paul R. La Monica, CNN Business The 2022 stock market meltdown may not be over just yet. Stocks fell again Thursday, following Wednesday’s…
Continue Reading S&P 500’s ESG index boots Tesla
By Matt McFarland, CNN Business The S&P 500 index devoted to highlighting companies excelling at ESG, which stands for environmental, social and…
Continue Reading JPMorgan shareholders vote down pay bump for CEO Jamie Dimon
By Nicole Goodkind, CNN Business JP Morgan Chase investors on Tuesday voted down a multimillion-dollar payout for CEO Jamie Dimon. The pay proposal…
Continue Reading Wingstop could soon raise its own chickens
By Danielle Wiener-Bronner, CNN Business Wingstop wants to lower its food supply costs. So it’s considering raising its own chickens.…
Continue Reading US Treasury says it could block Russian debt payments starting next week
By Matt Egan, CNN Business Treasury Secretary Janet Yellen on Wednesday signaled US officials will likely end a carve-out in Western sanctions that…
Continue Reading Some tariffs on China are harming families and businesses, Janet Yellen says
By Matt Egan and Alicia Wallace, CNN Business US Treasury Secretary Janet Yellen on Wednesday criticized the Trump administration’s tariffs on…
Continue Reading Retailers call out Visa and Mastercard for fee hikes that could make inflation worse
By Alicia Wallace, CNN Business Consumers could soon see even higher prices at some stores, after credit card giants Visa and Mastercard raised their…
Continue Reading Burberry reports record profit despite a slowdown in its biggest market
By Sharon Browne-Peter Burberry reported record profits for the year ended in April despite taking a recent sales hit from its biggest market, China.…
Continue Reading Target posts a stunning drop in profit. Stock plunges
By Paul R. La Monica, CNN Business Target’s earnings didn’t hit the mark. Far from it. The retail giant reported a stunning 52% drop in…
Continue Reading Opinion: Want to keep your employees happy? Offer these 5 things
Opinion by Rosabeth Moss Kanter for CNN Business Perspectives To attract workers in today’s tight labor market, companies are touting better…
Continue Reading Europe plans to spend $221 billion to ditch Russia’s energy
By Anna Cooban, CNN Business The European Union has unveiled a €210 billion ($221 billion) plan to wean itself off Russian oil and gas. Presenting…
Continue Reading World’s largest aircraft owner lost 113 planes to Russia due to sanctions
By Chris Isidore, CNN Business AerCap Holdings, the aircraft leasing giant that is the world’s largest owner of jets, lost 113 planes when…
Continue Reading Scared investors haven’t hoarded this much cash since 9/11
By Julia Horowitz, CNN Business The mood hanging over financial markets is anxious and gloomy, whether you’re a professional investor or a…
Continue Reading Most CEOs are bracing for a recession
By Matt Egan, CNN Business The mood in the C-Suite is darkening. CEO confidence has tumbled to the weakest level since the beginning of the Covid-19…
Continue Reading Why you could be paying 50% more for a jug of milk this year
By Julia Horowitz, CNN Business Prices are rising at the fastest pace in decades, creating a cost-of-living crisis that’s forcing people around…
Continue Reading Allianz division agrees to pay $6 billion for defrauding teachers, religious groups and foundations
By Nicole Goodkind, CNN Business A US division of German insurance firm Allianz will pay more than $6 billion for what US investigators called a…
Continue Reading Elon Musk proves once again that the rules don’t apply to him
By Chris Isidore, CNN Business How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else? The simple…
Continue Reading California’s $6 gas could spread nationwide, JPMorgan warns
By Matt Egan and Chris Isidore, CNN Business The average price for gasoline in California hit $6 a gallon Tuesday for the first time — and…
Continue Reading Traffic deaths rise to highest level in 16 years, NHTSA estimates
By Matt McFarland, CNN Business Traffic deaths in the United States continue to spike, as the National Highway Traffic Safety Administration…
Continue Reading Russia needs cars, so it’s rebooting this Soviet-era brand
By Peter Valdes-Dapena, CNN Business After Renault announced its departure this week from the Russian auto market amid the country’s war with…
Continue Reading California court strikes down another law seeking to diversify corporate boards
By Jeanne Sahadi, CNN Business California’s efforts to mandate board diversity have been dealt another blow. Late last week, a California judge…
Continue Reading Stablecoins were supposed to be ‘stable.’ Then the crash came
By Jon Sarlin, CNN Business Editor’s Note: If you or someone you know is struggling with suicidal thoughts or mental health matters, please…
Continue Reading Fed Chair Jerome Powell: We won’t hesitate to raise rates to tame inflation
By Anneken Tappe, CNN Business Hindsight is 20:20, even for the Federal Reserve. The US central bank is in the midst of a “whatever it…
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