Elon Musk made another $1 billion from his Twitter stake. As if he needs it
By Chris Isidore, CNN Business Elon Musk has gotten a lot of attention from buying a 9.1% stake in Twitter, along with landing a seat on the…
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Bank earnings signal dark clouds on the horizon
By Nicole Goodkind, CNN Business Wall Street’s biggest players have had a rough start to the year. All of the biggest US banks saw profits take…
Continue Reading The Fed is ready to move faster on interest rates
By Anneken Tappe, CNN Business The Federal Reserve is ready to raise interest rates at a faster pace to get a handle on America’s pervasive…
Continue Reading US oil tumbles below $100 a barrel after Western countries plan emergency oil release
By David Goldman, CNN Business The West is tapping more of its emergency oil reserves to help wean itself off Russian crude. The International Energy…
Continue Reading Oil prices tumble as economies show signs of strain
By David Goldman, CNN Business Oil prices may have met their match — for now, at least. Crude futures are tumbling yet again, sinking nearly 3%.…
Continue Reading ‘Dr. Strange’ is a big test for how theaters will fare this summer
By Frank Pallotta, CNN Business Covid is in a lull in the United States: Masks are often an afterthought, people are going out again and some of the…
Continue Reading H&M says you can compost its new line of baby clothes
By Parija Kavilanz, CNN Business H&M is coming out with a new line of baby clothes that can be recycled in an unexpected way once they’re…
Continue Reading Lawmaker blasts Big Oil CEOs at hearing: ‘You are ripping off the American people’
By Matt Egan, CNN Business Leading oil company CEOs declined on Wednesday to endorse a call from Democrats to reduce dividends and share buybacks and…
Continue Reading US pushes Russia to the brink of default
By David Goldman, CNN Business Russia is in imminent danger of default after the United States cut off the country’s ability to pay its debt…
Continue Reading Short sellers are starting to bet against America’s economy
By Paul R. La Monica, CNN Business It’s looking awful gloomy out there on Wall Street. Traders are making big bets against retailers as…
Continue Reading Big changes are coming to your 401(k). Here’s what you need to know
By Nicole Goodkind, CNN Business The United States is on the brink of a retirement crisis. The primary savings tool for Americans — your 401(k)…
Continue Reading Janet Yellen warns of ‘enormous’ economic repercussions from war in Ukraine
By Anneken Tappe and Matt Egan, CNN Business US Treasury Secretary Janet Yellen warned Wednesday about the economic shock waves set off by the war in…
Continue Reading Russian car sales have collapsed since the invasion of Ukraine
By Anna Cooban, CNN Business Auto sales in Russia plummeted by almost two-thirds in March, as the war in Ukraine, Western sanctions and an exodus of…
Continue Reading The Fed is sounding more and more aggressive
By Julia Horowitz, CNN Business What does it mean when even the doves at the Federal Reserve start to sound like hawks? Investors are weighing that…
Continue Reading Discovery’s merger with WarnerMedia could take effect as early as Friday
By Oliver Darcy and Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can…
Continue Reading ‘Parabolic.’ NY jet fuel prices double in the past two weeks to record highs
By Matt Egan, CNN The price of New York Harbor jet fuel has more than doubled in the past two weeks, reaching an all-time high for any US-traded…
Continue Reading JetBlue makes offer for Spirit in attempt to derail deal with Frontier
By Chris Isidore, CNN Business JetBlue Tuesday made an unsolicited $3.6 billion offer for low-fare rival Spirit Airlines in an attempt to derail a…
Continue Reading The Fed is sounding more and more aggressive
By Julia Horowitz, CNN Business What does it mean when even the doves at the Federal Reserve start to sound like hawks? Investors are weighing that…
Continue Reading GM, Honda are teaming up to build a $30,000 electric car
By Matt McFarland, CNN Business Building a cheap car that is also profitable for the manufacturer is shockingly difficult. Because of the high cost…
Continue Reading Inflation is a bigger threat to some Americans. Here’s why
By Anneken Tappe, CNN Business America’s soaring inflation is inflicting pain on household budgets across the United States. But not everyone…
Continue Reading Europe is finally coming after Russia’s energy
By Anna Cooban, CNN Business European leaders are planning to phase out Russian coal imports in response to harrowing scenes in Bucha, a suburb of…
Continue Reading McDonald’s is bringing back a fan-favorite menu item
By Jordan Valinsky, CNN Business McDonald’s is bringing back Spicy Chicken McNuggets, but not everyone can buy them. The fast food chain said…
Continue Reading Deutsche Bank is the first big bank to forecast a US recession
By Matt Egan, CNN Business The Federal Reserve’s fight against inflation will spark a recession in the United States that begins late next…
Continue Reading How to protect your personal finances when you launch a business
By Beth Braverman Millions of Americans left or lost their jobs during the pandemic and many have decided that they don’t want to go back to…
Continue Reading WarnerMedia chief Jason Kilar formally announces his exit as Discovery merger nears completion
By Oliver Darcy and Brian Stelter, CNN Business WarnerMedia chief executive Jason Kilar announced Tuesday that he will depart the company given that…
Continue Reading Elon Musk made another $1 billion from his Twitter stake. As if he needs it
By Chris Isidore, CNN Business Elon Musk has gotten a lot of attention from buying a 9.1% stake in Twitter, along with landing a seat on the…
Continue Reading Elon Musk is worth more than twice Warren Buffett and has $100 billion on Jeff Bezos
By Paul R. La Monica, CNN Business How crazy rich is Elon Musk? The Tesla and SpaceX CEO’s net worth is now about a stratospheric $300 billion,…
Continue Reading Opinion: The thin line entrepreneurs must be careful not to cross
Opinion by Scott Galloway for CNN Business Perspectives Remember when Adam Neumann, the CEO of WeWork, pronounced that his startup was going to…
Continue Reading Opinion: The thin line entrepreneurs must be careful not to cross
Opinion by Scott Galloway for CNN Business Perspectives Remember when Adam Neumann, the CEO of WeWork, pronounced that his startup was going to…
Continue Reading Europe proposes ban on Russian coal imports
By Mark Thompson and Chris Liakos, CNN Business Europe is planning to cut deeper into the Russian economy with a new round of sanctions that includes…
Continue Reading Chinese stocks on Wall Street aren’t in the clear yet
By Julia Horowitz, CNN Business Investors are breathing a sigh of relief after regulators in Beijing extended an olive branch to the United States,…
Continue Reading Taiwan’s ‘baby Tesla’ of scooters heads to Wall Street
By Michelle Toh, CNN Business Gogoro, a Taiwanese electric scooter startup that’s backed by Al Gore and one of Apple’s biggest suppliers,…
Continue Reading Asia faces three big economic shocks: War in Ukraine, China and the Fed
By Laura He, CNN Business The World Bank said on Tuesday that countries in Asia may have to deal with three major economic shocks this year — the…
Continue Reading A California law requiring more diversity on company boards is unconstitutional, judge rules
By Tiffany Anthony and Nicole Chavez, CNN A judge in Los Angeles has ruled a law requiring public companies headquartered in California to diversify…
Continue Reading This Colorado steel mill ‘built the American west,’ but its ownership has ties to Russia
By Casey Tolan and Audrey Ash, CNN Photographs by Rachel Woolf for CNN The steel mill that looms over low-slung neighborhoods in Pueblo, Colorado, is…
Continue Reading Democrats to Big Oil: Suspend buybacks and dividends during Ukraine war
By Matt Egan, CNN Business Two top House Democrats are pushing the CEOs of ExxonMobil, Chevron, BP and Shell to scrap their stock buyback and…
Continue Reading Coke’s new ‘Pixel’ flavor first appeared in Fortnite
By Danielle Wiener-Bronner, CNN Business On Monday Coca-Cola unveiled a new, limited-edition flavor that’s supposed to taste like…pixels.…
Continue Reading Is returning to the office taking a bite out of your finances?
More workers are returning to the office after working from home the last two years. Not only has this meant an adjustment to daily routines, but…
Continue Reading Is returning to the office taking a bite out of your finances?
More workers are returning to the office after working from home the last two years. Not only has this meant an adjustment to daily routines, but…
Continue Reading Even rich people may need to rein in spending as the global economy wavers
By Paul R. La Monica, CNN Business Are upper middle class and affluent shoppers starting to feel the pinch from higher prices and geopolitical…
Continue Reading The job hunt can be exhausting. Here’s how to cope
By Kathryn Vasel Amid America’s Great Resignation, millions of workers continue to leave their jobs. In February, 4.4 million employees quit,…
Continue Reading Tax Day is coming soon. Here’s what you need to know about filing your 2021 taxes
By Jeanne Sahadi, CNN Business Soaring inflation. The war in Ukraine. Yet another rise in Covid cases. With so much going on this year it’s…
Continue Reading Today is Tax Day. Here’s what you need to know about filing your 2021 taxes
By Jeanne Sahadi, CNN Business Soaring inflation. The war in Ukraine. Yet another rise in Covid cases. With so much going on this year it’s…
Continue Reading Elon Musk buys 9.2% stake in Twitter, making him the largest shareholder
By Chris Isidore, CNN Business Elon Musk recently purchased 9.2% of Twitter stock, according to a filing Monday, making him the largest shareholder…
Continue Reading Exxon expects a profit boom thanks to high oil prices. But exiting Russia will come at a cost
By Matt Egan, CNN Business It’s a tale of two oil trends for ExxonMobil: The company will post a massive profit increase for the first quarter…
Continue Reading Middle East oil exporters are cashing in as Ukraine war hits global economy
By Nadeen Ebrahim, CNN The Ukraine war is wreaking havoc on the world economy, but in the Middle East its impact hasn’t been so grim for…
Continue Reading Russian energy exports in focus as Europe plans new sanctions
By Anna Cooban, CNN Business European officials have signaled that they could sanction Russia’s energy exports after images emerged of mass…
Continue Reading Why Starbucks stopped rewarding its stockholders
By Julia Horowitz, CNN Business Just three weeks ago, Starbucks announced that it had big plans to lavish its shareholders with new rewards. The…
Continue Reading Coke’s latest flavor is here. And it’s a weird one
By Danielle Wiener-Bronner, CNN Business Coke’s recent foray into bold new flavors has its latest entry, and it’s a doozy. Last month,…
Continue Reading China could make a U-turn to stop its companies being kicked off Wall Street
By Laura He, CNN Business China is extending an olive branch to the United States in a bid to prevent Chinese firms from being kicked off the US…
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