Money Archives

Office workers walk near the Goldman Sachs Group Inc. headquarters in New York

Wall Street is battling to determine the future of work from home

April 12, 2022 6:26 am CNN Newsource

By Nicole Goodkind, CNN Business Big banks like to stick together on major policy decisions. But as Wall Street grapples with heading back-to-work, a…

Toyota finally has an EV and it’s perfectly OK

April 12, 2022 6:09 am CNN Newsource

By Peter Valdes-Dapena, CNN Business Electric vehicles have reached a key milestone on the road to becoming ubiquitous. That’s because Toyota,…

Toyota finally has an EV and it’s perfectly OK

April 12, 2022 6:09 am CNN

By Peter Valdes-Dapena, CNN Business Electric vehicles have reached a key milestone on the road to becoming ubiquitous. That’s because Toyota,…

Opinion: The metaverse holds great promise — and great risk

April 12, 2022 6:09 am CNN Newsource

Opinion by Scott Galloway for CNN Business Perspectives It’s been about six months, since we first heard Meta CEO Mark Zuckerberg’s fever…

Opinion: The metaverse holds great promise — and great risk

April 12, 2022 6:09 am CNN

Opinion by Scott Galloway for CNN Business Perspectives It’s been about six months, since we first heard Meta CEO Mark Zuckerberg’s fever…

A clerk weighs dried peppers for a customer inside Grand Central Market on March 11 in downtown Los Angeles

Consumer price inflation hit a new 40-year high in March

April 12, 2022 5:31 am CNN Newsource

By Anneken Tappe, CNN Business America’s inflation problem didn’t abate in March. Prices kept creeping up, hitting a fresh 40-year high,…

Honda announced April 12 that it would invest approximately 5 trillion yen ($39.8 billion) to electrify its lineup over the next decade

Honda joins electric car race with $40 billion investment

April 12, 2022 2:40 am CNN Newsource

By Michelle Toh, CNN Business Honda is joining the flurry of global automakers spending tens of billions of dollars to go electric. The Japanese…

A person shops for groceries at Lincoln Market on March 10 in the Prospect Lefferts Garden neighborhood of Brooklyn borough in New York City. New inflation data set to be released April 12 is expected to show that March marked yet another multi-decade inflation high.

Did US inflation peak in March? Americans are concerned

April 12, 2022 4:23 am CNN Newsource

By Anneken Tappe, CNN Business Americans have been living with soaring prices for months. New inflation data set to be released Tuesday is expected…

A deadly and highly infectious avian flu is forcing US farmers to kill millions of egg-laying hens

Deadly avian flu sends egg prices soaring

April 11, 2022 9:16 pm CNN

By Danielle Wiener-Bronner, CNN Business A deadly and highly infectious avian flu is forcing US farmers to kill millions of egg-laying hens, reducing…

Employees make checks at an inspection line during a media tour of the Nio Inc. production facility in Hefei

Covid lockdowns are causing chaos in the world’s biggest car market

April 11, 2022 9:18 pm CNN Newsource

By Laura He, CNN Business Factories shut down, new model launches delayed and sales plunging. China’s huge car market has been thrown into…

Rachel Maddow’s MSNBC show is going weekly starting in May

April 11, 2022 7:44 pm CNN Newsource

By Brian Stelter, CNN Business Starting in May, MSNBC’s highest-rated star Rachel Maddow will be hosting her 9 p.m. Eastern show just one day a…

Opinion: Revoking trade with Russia will deliver a powerful blow to its economy

April 11, 2022 11:56 am CNN

Opinion by Senator Tom Carper and Senator John Cornyn for CNN Business Perspectives It’s been more than a month since Russia invaded Ukraine…

The dashboard of a Tesla Motors Inc. Model S car

Tesla fans struggle to get loved ones on board with ‘full self-driving’

April 11, 2022 11:43 am CNN Newsource

By Matt McFarland, CNN Business Frugal Tesla Guy, a YouTube personality focused on Tesla, gives his passengers a speech to prepare them before he…

Opinion: The best solution to high gas prices: tax the oil companies

April 11, 2022 11:23 am CNN Newsource

Opinion by Patrick Gaspard for CNN Business Perspectives President Biden has led a successful campaign to cut Russia off from the global economy,…

Krispy Kreme is pegging its doughnut prices to a gallon of gas

April 11, 2022 10:37 am CNN Newsource

By Danielle Wiener-Bronner, CNN Business Krispy Kreme wants to take the edge off higher gas prices by lowering doughnut prices. Every Wednesday from…

Active pump jacks are pictured on February 26 in Kern County

Oil races back above $100 a barrel

April 11, 2022 10:37 am CNN

By Matt Egan, CNN Business Turbulence in the oil market continued on Tuesday, with crude prices soaring back above $100 a barrel on concerns about a…

After nearing $140 a barrel in early March and topping $120 as recently as two weeks ago

Oil prices tumble as economies show signs of strain

April 11, 2022 5:20 am CNN Newsource

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%.…

Got a job offer? Now it’s time to negotiate

April 11, 2022 8:58 am CNN Newsource

By Kathryn Vasel, CNN Business Millions of people are quitting their jobs and finding new ones in what has been dubbed the Great Resignation. In…

This 77-year old ice cream chain is getting a makeover

April 11, 2022 6:00 am CNN Newsource

By Danielle Wiener-Bronner, CNN Business Baskin-Robbins is making some changes. The 77-year old ice cream shop is tweaking its logo, employee…

France's Societe Generale announced on April 11 that it was exiting Russia.

France’s Societe Generale sells Russian bank to oligarch Vladimir Potanin

April 11, 2022 4:01 am CNN Newsource

By Reuters Societe Generale said on Monday it had agreed to sell its stake in Rosbank and the Russian lender’s insurance subsidiaries to…

Burnt cars and the ruins of a shopping center are seen following a Russian shelling attack in Ukraine. Ukraine could lose almost half of its economy this year as a result of Russia's invasion.

War could destroy nearly half of Ukraine’s economy this year

April 11, 2022 3:20 am CNN Newsource

By Michelle Toh, CNN Business Ukraine could lose almost half of its economy this year as a result of Russia’s invasion, according to the World…

The building of the Central Bank of Russia in Moscow on March 30. According to S&P

Russia has defaulted on its foreign debt, says S&P

April 11, 2022 2:06 am CNN Newsource

By Anna Cooban, CNN Business Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings…

Gerber is searching for a baby to be the face of Gerber's baby food. This is the 12th year in a row that Gerber has conducted its Photo Search.

The search for the 2022 Gerber Baby is on

April 10, 2022 2:39 pm CNN Newsource

By Zoe Sottile, CNN Have you ever wondered if your baby is cute enough to be the face of Gerber’s baby food? This month you can find out. The…

Abigail Disney on right-wing media attacks on the company: ‘It’s absurd’

April 10, 2022 1:33 pm CNN

By Ramishah Maruf, CNN Abigail Disney shared what she thinks the entertainment company should do in the wake of recent right-wing media attacks. Some…

Abigail Disney on right-wing media attacks on the company: ‘It’s absurd’

April 10, 2022 1:33 pm CNN Newsource

By Ramishah Maruf, CNN Abigail Disney shared what she thinks the entertainment company should do in the wake of recent right-wing media attacks. Some…

Bad news for banks: Rates are rising fast

April 10, 2022 12:20 pm CNN Newsource

The Federal Reserve’s interest rate hikes should boost lending profits for major financial firms. Now, the big banks will have the chance to prove…

Over the last three years commercial banks have funneled $1.5 trillion into the industry

Banks say they’re getting tough on coal, but they keep lending trillions to polluters

April 10, 2022 11:17 am CNN Newsource

By Nicole Goodkind, CNN Business Banks have pledged to go green. Yet they can’t seem to ditch coal. Coal, the highest carbon emitting and…

‘Sonic the Hedgehog 2’ races to best opening ever for a video game movie

April 10, 2022 9:38 am CNN Newsource

By Frank Pallotta, CNN Business Nothing can slow down Sonic The Hedgehog. “Sonic The Hedgehog 2,” the Paramount sequel about the iconic…

‘Sonic the Hedgehog 2’ races to best opening ever for a video game movie

April 10, 2022 9:38 am CNN

By Frank Pallotta, CNN Business Nothing can slow down Sonic The Hedgehog. “Sonic The Hedgehog 2,” the Paramount sequel about the iconic…

The Federal Reserve's interest rate hikes should boost lending profits for major financial firms

Bad news for banks: Rates are rising fast

April 10, 2022 4:54 am CNN Newsource

By Paul R. La Monica, CNN Business The Federal Reserve’s interest rate hikes should boost lending profits for major financial firms. Now, the…

‘Saturday Night Live’ takes on Ketanji Brown Jackson’s Supreme Court confirmation

April 9, 2022 9:31 pm CNN Newsource

By Frank Pallotta, CNN Business “Saturday Night Live” opened Saturday’s episode with one of the biggest stories from this week: the…

Tanks move during the Union Courage-2022 Russia-Belarus military drills at the Obuz-Lesnovsky training ground in Belarus

Commerce department restricts technology and software exports to Russia

April 9, 2022 12:53 pm CNN Newsource

By Ramishah Maruf, CNN Russia and Belarus are restricted from accessing US-made software and technologies to aid in its military, the US Commerce…

Commerce department restricts technology and software exports to Russia

April 9, 2022 12:53 pm CNN

By Ramishah Maruf, CNN Russia and Belarus are restricted from accessing US-made software and technologies to aid in its military, the US Commerce…

Banks are making big money off of Russian debt

April 9, 2022 9:22 am CNN Newsource

By Nicole Goodkind, CNN Business US banks have left Russia, but that doesn’t mean they’re done making money off the Kremlin’s…

The Volkswagen AG headquarters and auto plant next to the Midland Canal in Wolfsburg

Volkswagen rejects shareholder push for climate lobbying disclosures

April 9, 2022 9:17 am CNN Newsource

Reuters Volkswagen has rejected a shareholder proposal for it to explain how its lobbying activities align with its climate goals — something…

Opinion: The world is on the brink of a food shortage. Here’s what the US government and businesses can do to help

April 9, 2022 6:50 am CNN Newsource

Opinion by Dana Peterson for CNN Business Perspectives How does a war on the other side of the world impact US consumers at home? In the case of…

Mattel releases its first carbon neutral toys, including a Matchbox Tesla

April 9, 2022 6:17 am CNN Newsource

By Zoe Sottile, CNN Mattel has released its first-ever carbon neutral toys, including a Matchbox Tesla model made from recycled materials. The new…

There's no official policy on saying "my pleasure" at Chick-fil-A. But it's part of the company's strategy to stand out against fast food competitors.

Why Chick-fil-A workers always say ‘my pleasure’

April 9, 2022 2:00 am CNN Newsource

By Nathaniel Meyersohn, CNN Business No one has ever confused the service at fast food joints for luxury hotels. But two decades ago, Chick-fil-A…

An opposition activist shouts slogans holding up bread as he protests along with others against rising living costs

From Pakistan to Peru, soaring food and fuel prices are tipping countries over the edge

April 9, 2022 1:58 am CNN Newsource

By Julia Horowitz, CNN Business When people took to the streets in Egypt in 2011, protesters chanted about freedom and social justice — but also…

Consumer price inflation hit a new 40-year high in March

April 8, 2022 11:00 pm CNN

By Anneken Tappe, CNN Business America’s inflation problem didn’t abate in March. Prices kept creeping up, hitting a fresh 40-year high,…

A woman wheels a pushchair along a snow-covered street in central Seoul on January 19. While America finds itself in the middle of the cost scale

Child care is expensive everywhere. But this country tops the list

April 8, 2022 11:00 pm CNN Newsource

By Anneken Tappe, CNN Business Having children is expensive, no matter where in the world you live. But, while America finds itself in the middle of…

Discovery's merger with WarnerMedia took effect on Friday afternoon

Discovery takes control of HBO, CNN, and Warner Bros., creating new media giant

April 8, 2022 2:11 pm CNN Newsource

By Brian Stelter, CNN Business Discovery’s merger with WarnerMedia took effect on Friday afternoon, creating a streaming media giant led by CEO…

"Dancing with the Stars" is headed to streaming.

‘Dancing with the Stars’ is leaving ABC for a streaming service

April 8, 2022 12:48 pm CNN Newsource

By Frank Pallotta, CNN Business “Dancing with the Stars” is headed to streaming. Disney announced Friday that the series, in which…

Max Verstappen (1) with the Oracle Red Bull Racing RB18 Honda on track during the Bahrain F1 Grand Prix at the Bahrain International Circuit on March 20 in Bahrain.

Formula 1 stock zooms higher on nascent US fandom

April 8, 2022 10:12 am CNN Newsource

By Paul R. La Monica, CNN Business The globally loved Formula 1 racing is winning more US fans, thanks largely to Netflix’s popular…

Formula 1 stock zooms higher on nascent US fandom

April 8, 2022 10:12 am CNN

By Paul R. La Monica, CNN Business The globally loved Formula 1 racing is winning more US fans, thanks largely to Netflix’s popular…

Activists wearing masks with the likenesses of Chancellor Scholz (M)

Europe turns its back on Russian coal. Is oil next?

April 8, 2022 8:39 am CNN Newsource

By Anna Cooban, CNN Business European leaders have agreed to phase out Russian coal imports as part of a new package of sanctions triggered by…

You may not be eager to spend yet more money to work with a tax professional.

Here’s when you should hire a tax pro

April 8, 2022 7:24 am CNN Newsource

By Jeanne Sahadi, CNN Business You know you have to pay taxes. So you may not be eager to spend yet more money to work with a tax professional. But…

A woman walks by Pfizer headquarters on March 1. In New York. Investors are worried that the risks of a recession are rising in the United States. In Europe

Recession-proof stocks are having a moment

April 8, 2022 5:16 am CNN Newsource

By Julia Horowitz, CNN Business Investors are worried that the risks of a recession are rising in the United States. In Europe, they fear economies…

A worker monitors an electrolysis bath in the electrolysis shop at the Khakas aluminum smelter

Russia’s Rusal calls for an investigation into Bucha ‘crime’

April 8, 2022 3:44 am CNN Newsource

By Chris Liakos and Anna Cooban, CNN Business Russian metals company Rusal has called for an investigation into the killing of civilians in Bucha, a…

Deadly avian flu sends egg prices soaring

April 8, 2022 3:27 am CNN Newsource

By Danielle Wiener-Bronner, CNN Business A deadly and highly infectious avian flu is forcing US farmers to kill millions of egg-laying hens, reducing…

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