Dollar stores are battling over $1 prices
By Nathaniel Meyersohn, CNN Business Let the battle over $1 prices begin. Last year, Dollar Tree announced it was walking away from $1 prices and…
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Two years later, remote work has changed millions of careers
By Kathryn Vasel The pandemic thrust the working world into a new reality in March 2020 as offices closed and millions of people were forced to learn…
Continue Reading Oil ’emergency’: Work from home and drive slower, IEA says
By Matt Egan, CNN Business Governments around the world must consider drastic steps to slash oil demand in the face of an emerging global energy…
Continue Reading US jobs are recovering, but women are still being left behind
Opinion by Karin Kimbrough for CNN Business Perspectives As the latest jobs numbers continue to show a resurging labor market, women have seen an…
Continue Reading Granddaughters vs. gas: Surge in fuel prices force Americans to make tough choices
By Tami Luhby, CNN Business Connie Waters’ two young granddaughters are her life, and she’s only grown closer to them during the…
Continue Reading Granddaughters vs. gas: Surge in fuel prices force Americans to make tough choices
By Tami Luhby, CNN Business Connie Waters’ two young granddaughters are her life, and she’s only grown closer to them during the…
Continue Reading Wall Street is starting to tune out Ukraine
By Charles Riley, CNN Business The S&P 500 surged 6% this week, its best weekly performance since November 2020. What? That’s right. US…
Continue Reading Britain bans Russian state TV channel RT
By Mark Thompson, CNN Business Britain has banned Russian state TV channel RT, saying it was incapable of providing impartial coverage of the war in…
Continue Reading China’s President Xi Jinping vows to ‘minimize’ the economic impact of Covid spike
By Laura He, CNN Business As Covid makes a resurgence in China, the country’s leader signaled that his focus this time around is on containing…
Continue Reading Britain bans Russian state TV channel RT
By Mark Thompson, CNN Business Britain has banned Russian state TV channel RT, saying it was incapable of providing impartial coverage of the war in…
Continue Reading Photographers document Ukraine’s destruction and ask: ‘How could this be happening in 2022?’
By Brian Stelter and An Phung, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign…
Continue Reading UK ferry company fires 800 seafarers. Some are refusing to leave their ships
By Anna Cooban, CNN Business A Dubai-owned British ferry company fired 800 seafarers on Thursday, bringing chaos to some of the country’s…
Continue Reading ‘There is literally no paper trail’: How Russia experts say Putin hides a fortune
By Curt Devine, Casey Tolan and Majlie de Puy Kamp, CNN The sprawling billion-dollar palace that sits on a hilltop overlooking the Black Sea is seen…
Continue Reading Koch Industries: Here’s why we’re staying in Russia
By Matt Egan, CNN Business Koch Industries, the conglomerate run by billionaire Charles Koch, is planning to stay in Russia even as hundreds of…
Continue Reading Warren Buffett’s Berkshire Hathaway is making a huge bet on this oil company
By Paul R. La Monica, CNN Business The Oracle of Omaha is making an even bigger bet on a major oil company as crude prices continue to surge.…
Continue Reading Oil spikes back above $100 as Russia fears grow
By Matt Egan, CNN Business Oil prices surged Thursday back above $100 a barrel on renewed concerns about the war in Ukraine disrupting Russia’s…
Continue Reading UK ferry company fires 800 seafarers. Some are refusing to leave their ships
By Anna Cooban, CNN Business A Dubai-owned British ferry company fired 800 seafarers on Thursday, bringing chaos to some of the country’s…
Continue Reading US home prices rose 15% in February from a year ago
By Anna Bahney, CNN Business Home prices rose 15% to a median price of $357,300 in February from last year, as inventory stubbornly stayed near…
Continue Reading Amazon closes $8.5 billion deal to acquire MGM
By Frank Pallotta, CNN Business James Bond is now an Amazon employee. The tech giant has closed its $8.5 billion deal to acquire MGM, the home of the…
Continue Reading What it means for Russia to default on its debt
By Allison Morrow, CNN Business Russia is barreling toward a default on its foreign debt payments, threatening to plunge its economy deeper into…
Continue Reading Mortgage rates rise above 4% for the first time since 2019
By Anna Bahney, CNN Business Mortgage rates climbed past 4% for the first time since May 2019. The 30-year fixed-rate mortgage averaged 4.16% in the…
Continue Reading Warren Buffett’s Berkshire Hathaway is making a huge bet on this oil company
By Paul R. La Monica, CNN Business The Oracle of Omaha is making an even bigger bet on a major oil company as crude prices continue to surge.…
Continue Reading The broken nickel market is a warning to Wall Street
By Julia Horowitz, CNN Business After a week-long pause, investors can trade nickel again on the London Metal Exchange. But the market remains…
Continue Reading The Fed can’t afford to move too slowly on interest rates
Opinion by Desmond Lachman for CNN Business Perspectives Even with consumer price inflation running at almost 8%, the Fed announced Wednesday it…
Continue Reading How to take advantage of rising interest rates
By Jeanne Sahadi, CNN Business As expected, the US Federal Reserve on Wednesday hiked its key short-term interest rate for the first time since 2018.…
Continue Reading 4 ways China is quietly making life harder for Russia
By Laura He, CNN Business China is quietly distancing itself from Russia’s sanction-hit economy. The two states proclaimed last month that…
Continue Reading 4 ways China is quietly making life harder for Russia
By Laura He, CNN Business China is quietly distancing itself from Russia’s sanction-hit economy. The two states proclaimed last month that…
Continue Reading The Fed is targeting a soft landing. Getting it wrong means recession
By Charles Riley, CNN Business Jerome Powell is trying to hike interest rates without damaging the economy. Getting it wrong means recession, and he…
Continue Reading This might be the end of sharing Netflix passwords
By Frank Pallotta, CNN Business Netflix knows you share your password. And soon you might have to start paying for the privilege. Over the last year,…
Continue Reading Russia moves to seize hundreds of planes from foreign owners
By Chris Isidore and Chris Liakos, CNN Business Russia is seizing hundreds of commercial jets owned by US and European leasing companies, a further…
Continue Reading The journalist who protested on Russian state TV says it was ‘impossible to stay silent’
By Charles Riley, CNN Business The Russian state television journalist who took a dramatic stand against President Vladimir Putin’s war in…
Continue Reading Russia says it made a payment to avoid default
By David Goldman, CNN Business Russia says it has ordered the $117 million in interest payments it owes Wednesday to be sent to investors, attempting…
Continue Reading Tesla’s cheapest Model 3 now costs $46,990
By Matt McFarland, CNN Business Tesla’s most affordable car is only getting more expensive, while other electric vehicles sold as long as it…
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…
Continue Reading Federal Reserve hikes interest rates for the first time since 2018
By Anneken Tappe, CNN Business The Federal Reserve is raising interest rates for the first time since 2018, the central bank announced Wednesday at…
Continue Reading Joe Buck and Troy Aikman are leaving Fox for ESPN’s ‘Monday Night Football’
By Frank Pallotta, CNN Business Two of the most recognizable voices in the NFL are switching networks. Joe Buck and Troy Aikman are leaving their…
Continue Reading Citi’s response to abortion bans: We’ll pay for workers to travel
By David Goldman, CNN Business After a number of US states passed laws severely restricting access to abortions, Citigroup this week said it is…
Continue Reading The journalist who protested on Russian state TV says it was ‘impossible to stay silent’
By Charles Riley, CNN Business The Russian state television journalist who took a dramatic stand against President Vladimir Putin’s war in…
Continue Reading Disney employees are staging walkouts over company’s response to the ‘Don’t Say Gay’ bill
By Frank Pallotta, CNN Business Last week, Disney and its CEO Bob Chapek bungled their response to Florida’s controversial bill dubbed…
Continue Reading Disney employees walk out, as ESPN and Disney+ back LGBTQ+ rights
By Frank Pallotta, CNN Business Disney employees staged a walkout Tuesday in protest of the company’s response to Florida’s controversial…
Continue Reading Covid. War. Inflation. Recession fears. The stock market can’t keep up
By Paul R. La Monica, CNN Business It’s been a year full of worries for investors, from geopolitical conflict to inflation to the pandemic, and…
Continue Reading The journalist who protested on Russian state TV says it was ‘impossible to stay silent’
By Charles Riley, CNN Business The Russian state television journalist who took a dramatic stand against President Vladimir Putin’s war in…
Continue Reading Kohl’s could soon have a new owner. The stock is rocketing higher
By Nathaniel Meyersohn, CNN Business Could the biggest department store marriage in years be in the works? Hudson’s Bay Co., the Canadian…
Continue Reading Two years later, remote work has changed millions of careers
By Kathryn Vasel The pandemic thrust the working world into a new reality in March 2020 as offices closed and millions of people were forced to learn…
Continue Reading Walmart is hiring 50,000 more workers before May
By Jordan Valinsky, CNN Business Walmart is planning to hire more than 50,000 workers in the United States this spring. America’s largest…
Continue Reading Rate hikes are here: What does that mean for you?
By Matt Egan, CNN Business The Covid era of free money has come to an end. After dropping interest rates to zero in March 2020 to revive the economy,…
Continue Reading Evergreen container ship runs aground in Chesapeake Bay nearly a year after Suez Canal blockage
By Rebekah Riess, CNN Business The U.S. Coast Guard is working on a plan to safely refloat a 1,095-foot container ship operated by Evergreen Marine…
Continue Reading Fox correspondent Benjamin Hall has left Ukraine after suffering injuries from deadly attack
By Brian Stelter and Oliver Darcy, CNN Business Fox News correspondent Benjamin Hall, who was severely injured while reporting outside Kyiv on…
Continue Reading Russia says it made a payment to avoid default
By David Goldman, CNN Business Russia says it has ordered the $117 million in interest payments it owes Wednesday to be sent to investors, attempting…
Continue Reading Russia could lose 30% of its oil output within weeks, IEA warns
By Charles Riley, CNN Business Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest…
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