Beware the ‘melt-up:’ Analysts say stocks may soar just before they collapse
By Nicole Goodkind, CNN Business Storm clouds appear to be gathering over Wall Street, with many analysts saying a downturn is inevitable. But before…
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France issues an international arrest warrant for Carlos Ghosn
By Simon Bouvier, Xiaofei Xu, Chris Liakos and Anna Cooban, CNN Business France has issued an arrest warrant for Carlos Ghosn, the fugitive auto…
Continue ReadingThe job market is on fire, but new grads still need to network. Here’s how
By Kathryn Vasel, CNN Business If you’re part of the Class of 2022, you’re graduating into a favorable job market. But networking should…
Continue ReadingOpinion: We need to do more to prevent burnout among health care workers
Opinion by Kapil Parakh for CNN Business Perspectives Almost two decades ago, I was a resident physician working in the Cardiac Intensive Care Unit…
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Forget the FAANGs. It’s a stock picker’s market now
By Paul R. La Monica, CNN Business investors who have been blindly buying all big techs got a rude awakening this week after Netflix imploded. But…
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Struggling factories and booming airlines put Fed in a bind
By Julia Horowitz, CNN Business How should policymakers react when two core parts of the economy are headed in different directions? That’s the…
Continue ReadingNetflix may clamp down on password sharing. Here’s what that means
By Frank Pallotta, CNN Business Netflix shares plunged this week after the platform reported its first subscriber loss in more than a decade. One…
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4 ways Russia is trying to prove it can live with sanctions
By Clare Sebastian, CNN Russian President Vladimir Putin has devoted considerable airtime over the past few weeks to reassuring the Russian public…
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Clashing strategies doomed CNN+ amid corporate merger
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
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Are you a single parent navigating higher costs? Share your story.
By Alicia Wallace, CNN Business Daily life continues to get more expensive as American households battle the worst inflation in 40 years. From meat…
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Mortgage rates just hit a 12-year high
By Anna Bahney, CNN Business Mortgage rates continued to rise this week, reaching their highest level in more than a decade. The 30-year fixed-rate…
Continue ReadingFed Chairman Powell: A half-percentage point interest rate hike is ‘on the table’ for May
By Anneken Tappe, CNN Business A half-percentage point interest rate hike is officially on the table, Federal Reserve Chairman Jerome Powell said…
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Carl Icahn slams McDonald’s over animal welfare practices in fiery letter to investors
By Danielle Wiener-Bronner, CNN Business In a scathing open letter to McDonald’s shareholders, legendary investor Carl Icahn said the…
Continue ReadingCNN+ will shut down at the end of April
By Oliver Darcy and Brian Stelter, CNN Business CNN+, the streaming service that was hyped as one of the most significant developments in the history…
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After two years of losses, airlines expect record revenue
By Chris Isidore, CNN Business After two years of massive losses, US airlines are about to start reporting profits once again. Both American and…
Continue Reading Mortgage rates just hit a 12-year high
By Anna Bahney, CNN Business Mortgage rates continued to rise this week, reaching their highest level in more than a decade. The 30-year fixed-rate…
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Opinion: We shouldn’t trust Musk’s plans to transform Twitter
Opinion by Jessica J. González for CNN Business Perspectives When Elon Musk offered to buy Twitter and take it private last week, he wrote that he…
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The head of Russia’s second biggest oil company has quit
By Mark Thompson and Chris Liakos, CNN Business One of Russia’s richest men has quit as CEO of Lukoil, the country’s second-largest oil…
Continue Reading After two years of losses, airlines expect record revenue
By Chris Isidore, CNN Business After two years of massive losses, US airlines are about to start reporting profits once again. Both American and…
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Why Tesla’s stock is still defying gravity
By Julia Horowitz, CNN Business Investors have quickly turned on companies like Netflix that were growing fast during the recovery from the pandemic…
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This social app prohibits edited photos to encourage users to be more authentic. It’s growing fast
By Faith Karimi, CNN Scoot over, Facebook and Instagram. There’s a newer photo-sharing app — and it’s not like other social media…
Continue Reading Why Tesla’s stock is still defying gravity
By Julia Horowitz, CNN Business Investors have quickly turned on companies like Netflix that were growing fast during the recovery from the pandemic…
Continue ReadingWorld’s biggest food company has hiked prices by 5%
By Anna Cooban, CNN Business Nestlé, the world’s biggest food and drinks company, raised prices by more than 5% in the first three months of…
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Buckle up: The Fed is about to get tough on inflation
By Paul R. La Monica, CNN Business Last month, the Federal Reserve raised interest rates for the first time since December 2018. Now there are…
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Some big Indian businesses are joining the exodus from Russia
By Diksha Madhok, CNN Business Two of India’s biggest businesses are moving away from Russia, even as Prime Minister Narendra Modi refrains…
Continue ReadingHis house was demolished because he is Muslim, he says
By Kashif Kakvi, Rhea Mogul and Esha Mitra, CNN Shahdullah Baig stands among the rubble of what was once his modest two-bedroom home, his belongings…
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The Obamas and Spotify won’t ink a new podcasting deal
By Oliver Darcy, CNN Business Spotify and the Obamas are headed for a split. The streaming service and former first family will not be inking a new…
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Tesla record profit blows away estimates
By Chris Isidore, CNN Business Tesla has posted record profits once again, overcoming supply chain issues that have dogged the broader auto industry…
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Texas judge delays Sandy Hook trial after Alex Jones’ companies filed for bankruptcy protection
By Oliver Darcy, CNN Business A Texas judge on Wednesday postponed a trial that will determine how much right-wing conspiracy theorist Alex Jones…
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Amtrak dumps its nice guy persona in fight for Gulf Coast trains
By Matt McFarland, CNN Business Amtrak is embroiled in a fight that may have vast implications for the future of US rail service, including the…
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Netflix’s world has been turned upside down as stock plunges 35%
By Frank Pallotta, CNN Business Call Eleven and Sheriff Hopper of “Stranger Things,” because Netflix’s world has been turned upside…
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US lawmakers are warming up to the cannabis industry
By Alicia Wallace, CNN Business April is typically a pretty eventful month for the cannabis industry, with 4/20 celebrations bringing abundant…
Continue ReadingNetflix may clamp down on password sharing. Here’s what that means
By Frank Pallotta, CNN Business Netflix shares plunged this week after the platform reported its first subscriber loss in more than a decade. One…
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Home prices hit another record high in March
By Anna Bahney, CNN Business Home prices hit an all-time high in March as buyers scrambled to close deals before mortgage rates rise even further.…
Continue Reading The head of Russia’s second biggest oil company has quit
By Mark Thompson and Chris Liakos, CNN Business One of Russia’s richest men has quit as CEO of Lukoil, the country’s second-largest oil…
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The dos and don’ts of the modern resume
By Kathryn Vasel Your resume can be the first impression you make with a potential employer. So you want to put your best foot forward when crafting…
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Netflix’s collapse is a warning sign for stocks
By Julia Horowitz, CNN Business Shares of Netflix are imploding after the company reported its first quarterly loss of subscribers in more than a…
Continue ReadingBMW reveals its new $120,000 electric flagship
By Peter Valdes-Dapena, CNN Business Electric vehicles, with their need for lots of expensive batteries, have often trended towards luxury. Electric…
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Opinion: Get ready for crowded planes and higher fares this summer
Opinion by Philip Baggaley for CNN Business Perspectives Ever since Covid-19 nearly shut down travel two years ago, US airlines and travelers have…
Continue ReadingFed Chairman Powell: A half-percentage point interest rate hike is ‘on the table’ for May
By Anneken Tappe, CNN Business A half-percentage point interest rate hike is officially on the table, Federal Reserve Chairman Jerome Powell said…
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Russian billionaire Oleg Tinkov blasts Putin’s ‘insane war’ in Ukraine
By Clare Sebastian and Chris Liakos, CNN Oleg Tinkov, the billionaire founder of a big Russian digital bank, has blasted Russia’s “insane…
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This controversial rule is ruining Hong Kong’s status as an aviation hub
By Michelle Toh, Jake Kwon and Lizzy Yee, CNN Business Hong Kong’s Covid-19 curbs are continuing to severely limit travel into the city, with…
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This measure of German inflation just hit its highest level since 1949
By Anna Cooban, CNN Business The price of goods leaving German factories has passed an eye-watering milestone. German annual producer price inflation…
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Here’s what to look for in Tesla’s earnings
By Chris Isidore, CNN Business Tesla shareholders have been spending a lot of time following CEO Elon Musk’s grand play to buy Twitter. Come…
Continue Reading Netflix’s world has been turned upside down as stock plunges 35%
By Frank Pallotta, CNN Business Call Eleven and Sheriff Hopper of “Stranger Things,” because Netflix’s world has been turned upside…
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Tesla shareholders try to get Elon Musk to just stop
By Ramishah Maruf, CNN Elon Musk wants everyone to believe he really did have the money secured to take Tesla private back in 2018. But a group suing…
Continue ReadingHalo Top’s new ice cream recipe lets you skip the microwave thaw
By Danielle Wiener-Bronner, CNN Business No more microwaving your Halo Top light ice cream. At least, that’s one goal of the new recipe —…
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These states have posted the most dramatic post-pandemic job gains
By Alicia Wallace, CNN Business More than a dozen US states reached or exceeded their pre-pandemic employment levels in March, and more than…
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Netflix just lost $50 billion in market cap
By Frank Pallotta, CNN Business Netflix’s bad 2022 just got much worse. After shares tanked earlier this year because of concerns over its…
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Volkswagen is coming for Tesla. Here’s how it plans to dominate the US market
By Nicole Goodkind, CNN Business Volkswagen is gunning for Tesla. Tesla is still king, with over 936,000 electric vehicles sold in 2021 and a share…
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