Inflation hits the mailbox: Postage stamp prices are rising, again
By Nathaniel Meyersohn, CNN Stamp prices are set to tick up. The US Postal Service said Monday that it filed a notice with its regulators to increase…
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The banking crisis will tilt US into recession, say Fed economists
By Bryan Mena and Nicole Goodkind, CNN The fallout from the recent banking crisis is likely to push the US economy into a mild recession later this…
Continue ReadingUS government’s proposal to boost EV sales is challenging but not impossible
By Peter Valdes-Dapena, CNN Business The US government is planning to change auto emissions standards in a way that means automakers would need to…
Continue ReadingUS government’s proposal to boost EV sales is challenging but not impossible
By Peter Valdes-Dapena, CNN Business The US government is planning to change auto emissions standards in a way that means automakers would need to…
Continue ReadingFood prices ease for the first time since 2020. Here’s what’s getting cheaper
By Danielle Wiener-Bronner, CNN Grocery prices finally dipped in March, falling for the first time since September 2020, according to data released…
Continue ReadingBud Light’s inclusive ad campaigns are good for business, experts say
By Danielle Wiener-Bronner, CNN Company X introduces marketing campaign that touches on Y, a cultural issue some people oppose. Group Z lashes out on…
Continue ReadingBud Light’s inclusive ad campaigns are good for business, experts say
By Danielle Wiener-Bronner, CNN Company X introduces marketing campaign that touches on Y, a cultural issue some people oppose. Group Z lashes out on…
Continue ReadingWarner Bros. Discovery unveils super-streamer ‘Max’
By Oliver Darcy, CNN Business Warner Bros. Discovery on Wednesday unveiled “Max,” its high-stakes super-streamer that unites some of the…
Continue ReadingJudge in Dominion case sanctions Fox for withholding evidence, plans to appoint special master to probe possible misconduct
By Marshall Cohen The judge overseeing Dominion Voting Systems‘ massive defamation case against Fox News said Wednesday that he plans to…
Continue ReadingBrainard: US banking system is ‘sound’ and ‘stable’
By Alicia Wallace, CNN The broader US banking system remains sound and stable, but the two regional banks that failed were “poorly…
Continue ReadingWarren Buffett wants harsher penalties for top leaders of failed banks
By Chris Isidore, CNN Billionaire investor Warren Buffett isn’t worried about the state of the US banking industry — but he would like to see…
Continue ReadingJuul to pay $462 million to six states in its largest settlement ever
By Jordan Valinsky, CNN Business Juul Labs, the e-cigarette maker, is paying $462 million to six US states and DC in the largest multi-state…
Continue ReadingHow to avoid the next crisis? Banks may have to hold more cash
By Anna Cooban, CNN Regulators must learn “important lessons” from this year’s banking turmoil, the world’s top financial…
Continue ReadingWhy Walmart is closing half its stores in Chicago
By Nathaniel Meyersohn, CNN Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020…
Continue ReadingWhy Walmart is closing half its stores in Chicago
By Nathaniel Meyersohn, CNN Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020…
Continue ReadingInvestors are watching guidance this earnings season, but might not like what they see
By Krystal Hur, CNN Corporate guidance statements will be front and center as earnings season kicks off, with investors trying to gauge the…
Continue ReadingUS inflation falls to lowest level since May 2021
By Alicia Wallace, CNN Prices are moving in a more palatable direction for US consumers. Annual inflation, as measured by the Consumer Price Index,…
Continue ReadingMain Street investors bet on comeback for regional banks
By Nicole Goodkind, CNN Forget the banking crisis — Main Street’s retail investors have barreled into embattled bank stocks. It looks like…
Continue ReadingTucker Carlson raged against Trump in private. But in interview with the former president he took a very different tone
By Oliver Darcy, CNN Tucker Carlson plays a straight-shooter on television. From his prime time perch on Fox News, Carlson portrays himself to his…
Continue ReadingFed official: Central bank should be ‘cautious’ in wake of banking turmoil
By Alicia Wallace, CNN The banking crisis could help the Federal Reserve’s fight to bring down inflation, but the central bank needs to be…
Continue ReadingFed official: Central bank should be ‘cautious’ in wake of banking turmoil
By Alicia Wallace, CNN The banking crisis could help the Federal Reserve’s fight to bring down inflation, but the central bank needs to be…
Continue ReadingLeon Levine, discount store pioneer, dies at 85
By Nathaniel Meyersohn, CNN Leon Levine, who built Family Dollar into a discount retail giant catering to America’s lower-income and…
Continue ReadingJudge rules Dominion can’t bring up January 6 at Fox News defamation trial, scolds Fox attorneys over Rupert Murdoch’s role
By Marshall Cohen Dominion Voting Systems can’t bring up the January 6 insurrection during its upcoming defamation trial against Fox News, a…
Continue ReadingThe most-wanted clothing brands at resale are probably hanging in your closet
By Parija Kavilanz, CNN Louis Vuitton, Chanel, Gucci, step aside. Resale clothing shoppers are bypassing previously-owned luxury brands at discounted…
Continue ReadingYellen: ‘Not anticipating a downturn’ in the US economy
By Alicia Wallace, CNN US Treasury Secretary Janet Yellen said she believes the American economy remains strong and its banking system is resilient…
Continue ReadingSee the Chipotle of the future
By Jordan Valinsky, CNN The distinctive gas grills in Chipotle restaurants might be a thing of the past. On Tuesday, the fast casual Mexican chain…
Continue ReadingIMF: Banking crisis boosts risks and dims outlook for world economy
By Julia Horowitz, CNN At the start of the year, economists and corporate leaders expressed optimism that global economic growth might not slow down…
Continue ReadingHollywood writers hold strike vote Tuesday
By Vanessa Yurkevich, CNN The Writers Guild of America is set to hold a strike authorization vote on Tuesday. If it passes, which it is expected to,…
Continue ReadingWall Street has found something else to worry about
By Nicole Goodkind, CNN Business Persistent inflation remains the Federal Reserve’s No. 1 concern, even as the banking sector remains on edge…
Continue ReadingWhole Foods closes San Francisco flagship store after one year, citing worker safety
By Jordan Valinsky, CNN An enormous Whole Foods in downtown San Francisco that opened just last year is temporarily closing. The company said…
Continue ReadingWhole Foods closes San Francisco flagship store after one year, citing worker safety
By Jordan Valinsky, CNN An enormous Whole Foods in downtown San Francisco that opened just last year is temporarily closing. The company said…
Continue ReadingHead of top UK business lobby fired over misconduct claims
By Duarte Mendonca and Olesya Dmitracova, CNN The head of the most influential business lobby in the United Kingdom has been fired following a probe…
Continue ReadingShares in Regal Cinemas’ owner hit all-time low
By Anna Cooban, CNN Cineworld’s stock plummeted 36% Tuesday afternoon to an all-time low after the company said it had filed a plan to…
Continue ReadingJuul settles lawsuit with West Virginia for $7.9 million
By Ramishah Maruf, CNN West Virginia has settled a lawsuit with e-cigarette maker Juul Labs for a total of $7.9 million, the state’s attorney…
Continue ReadingLawmakers seek details on ‘unusually cozy’ ties between tech executives and SVB
By Allison Morrow, CNN Democratic lawmakers sent letters to 14 of the largest depositors at Silicon Valley Bank, seeking details about the…
Continue ReadingConsumers feel credit is getting harder to come by, Fed survey shows
By Alicia Wallace, CNN US consumers are starting to feel that credit is getting harder to come by, according to survey results released Monday by the…
Continue ReadingHow long should you support your adult children? Parents — and their kids — weigh in
By Jeanne Sahadi, CNN Parents invest so much of themselves, emotionally and financially, in raising their children — but the time comes when a…
Continue ReadingTupperware stock plunges after warning it could go out of business
By Jordan Valinsky, CNN Tupperware shares fell nearly 50% Monday following a bleak warning that its future is looking murky. In a regulatory filing…
Continue ReadingTupperware stock plunges after warning it could go out of business
By Jordan Valinsky, CNN Tupperware shares fell nearly 50% Monday following a bleak warning that its future is looking murky. In a regulatory filing…
Continue ReadingFox News reaches settlement with Venezuelan businessman in election defamation case
By Oliver Darcy, CNN Fox News has settled a defamation lawsuit from a Venezuelan businessman who had accused the network of making false claims about…
Continue ReadingSky News Australia quits TikTok, says security risks ‘too great’ for media
By Hilary Whiteman, CNN Australian broadcaster Sky News has left TikTok because of security concerns that have led several Western governments to ban…
Continue ReadingSky News Australia quits TikTok, says security risks ‘too great’ for media
By Hilary Whiteman, CNN Australian broadcaster Sky News has left TikTok because of security concerns that have led several Western governments to ban…
Continue ReadingWhat markets are watching after digesting the US jobs data
By Nicole Goodkind, CNN In an unusual coincidence, the US jobs report was released on a holiday Friday — meaning stock markets were closed when the…
Continue ReadingDalai Lama apologizes after video asking child to ‘suck’ his tongue sparks outcry
By Manveena Suri, Rhea Mogul and Tenzin Dharpo, CNN The Dalai Lama has apologized after a video emerged showing the spiritual leader kissing a child…
Continue ReadingDalai Lama apologizes after video asking child to ‘suck’ his tongue sparks outcry
By Manveena Suri and Rhea Mogul, CNN The Dalai Lama has apologized after a video emerged showing the spiritual leader kissing a child on the lips and…
Continue ReadingIndia’s endangered tiger population is rebounding in triumph for conservationists
By Jessie Yeung, CNN Tigers once roamed across Asia, their numbers as high as 100,000 at the start of the 20th century, before the species plummeted…
Continue ReadingFox News reaches settlement with Venezuelan businessman in election defamation case
By Oliver Darcy, CNN Fox News has settled a defamation lawsuit from a Venezuelan businessman who had accused the network of making false claims about…
Continue ReadingFox News reaches settlement with Venezuelan businessman in election defamation case
By Oliver Darcy, CNN Fox News has settled a defamation lawsuit from a Venezuelan businessman who had accused the network of making false claims about…
Continue ReadingTesla is opening a Megafactory in China
By Ramishah Maruf, CNN Tesla is opening a Megafactory in Shanghai, the electric car manufacturer announced on Twitter Sunday. The factory will be…
Continue ReadingTwitter brands BBC a ‘government funded media’ organization
By Sophie Tanno, CNN The BBC is seeking a swift resolution after Twitter branded it as “government funded media.” Britain’s…
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