This is the key to getting the global economy working again
By Julia Horowitz, CNN Business Global supply chains are still a snarled mess, disrupting deliveries of goods, adding to headaches for businesses and…
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GM reports strong sales but says it’s prepared for possible recession
By Chris Isidore, CNN Business General Motors said strong sales and demand for vehicles doesn’t suggest any signs of an economic slowdown, but…
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UK workers suffer their biggest pay drop in two decades as inflation bites
By Anna Cooban, CNN Business Workers in the United Kingdom are struggling with the biggest drop in pay in more than two decades, as surging food and…
Continue ReadingThe Chevy Blazer EV will be GM’s new mass-market electric SUV
By Peter Valdes-Dapena, CNN Business General Motors revealed a new electric mid-sized SUV, the Chevrolet Blazer EV, that will go on sale in about a…
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More US stations are selling gas for less than $4 a gallon
By Chris Isidore, CNN Business Gasoline for less than $4 a gallon is back, at least in some spots. Nearly one in five gas stations is charging under…
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Staten Island ferry cuts service due to uptick of Covid-19 cases among staff members
By Vanessa Yurkevich, CNN The Staten Island ferry, known for getting residents and commuters to and from Lower Manhattan to Staten Island in 25…
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Starbucks is reportedly considering selling its UK business
By Danielle Wiener-Bronner, CNN Business As prices surge and the UK economy struggles more than most of its peers, Starbucks is reportedly looking…
Continue ReadingKFC just rolled out a new menu item to attract a younger crowd
By Danielle Wiener-Bronner, CNN Business KFC is trying out a new type of chicken nugget in an effort to attract younger consumers. Starting Monday,…
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France is facing a looming energy crisis. Here’s how the UAE could help as its president touches down in Paris
By Eoin McSweeney, Mostafa Salem and Celine Alkhaldi France is in the midst of an energy crisis: Russia continues to cut off supply to Europe while…
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Google’s stock just got a lot cheaper
By Paul R. La Monica, CNN Business One share of Google’s parent company Alphabet is suddenly a lot more affordable for Main Street investors…
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Toys ‘R’ Us is coming back. Soon, it’ll be almost everywhere
By Ramishah Maruf, CNN Business Once left for dead, Toys “R” Us is making a major comeback. The toy store brand will be just about…
Continue Reading Toys ‘R’ Us is coming back. Soon, it’ll be almost everywhere
By Ramishah Maruf, CNN Business Once left for dead, Toys “R” Us is making a major comeback. The toy store brand will be just about…
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Netflix is in rough shape. This week will determine its future
By Frank Pallotta and Nicole Goodkind, CNN Business Netflix, once a darling of Wall Street, is suddenly on the ropes. The streaming giant will report…
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Goldman Sachs still rules Wall Street: Earnings blow away forecasts
By Paul R. La Monica, CNN Business Goldman Sachs is clearly still the top dog on Wall Street. The investment banking powerhouse reported earnings and…
Continue ReadingThe story of a 10-year-old rape victim shows why abortion coverage needs local reporters
By Ramishah Maruf, CNN The attorney general of the state of Ohio couldn’t match the job of a local reporter who confirmed the case of a…
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Foreign buyers are slowly returning to the US housing market
By Anna Bahney, CNN Business Anyone who bought a home — or tried to — over the past couple of years knows that it was rip-roaringly…
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British Airways passengers get mid-air email canceling their connecting flight
By Alexandra Peers, CNN Business It’s always frustrating to find out your flight is canceled. Far more frustrating? Receiving word while…
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What recession? America’s banks reveal few signs of trouble
By Julia Horowitz, CNN Business If a recession were to arrive in the United States, there would normally be evidence of pain at America’s…
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Europe braces for a potential gas crisis as historic heatwave boosts demand
By Anna Cooban, CNN Business Europe is bracing for the potential of a full-blown gas crisis later this week just as an historic heatwave has hiked…
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China scrambles to defuse alarm over mortgage boycotts and banks runs
By Laura He, CNN Business China is trying to ease panic over two of the biggest issues threatening social stability in the country—mortgage…
Continue ReadingIndia hits 2 billion Covid-19 vaccinations as infections hit four-month high
Story by Reuters The Indian government’s Covid-19 vaccinations hit 2 billion on Sunday, with booster doses underway for all adults, as daily…
Continue ReadingThe story of a 10-year-old rape victim shows why abortion coverage needs local reporters
By Ramishah Maruf, CNN The attorney general of the state of Ohio couldn’t match the job of a local reporter who confirmed the case of a…
Continue ReadingThe story of a 10-year-old rape victim shows why abortion coverage needs local reporters
By Ramishah Maruf, CNN The attorney general of the state of Ohio couldn’t match the job of a local reporter who confirmed the case of a…
Continue Reading Netflix is in rough shape. This week will determine its future
By Frank Pallotta and Nicole Goodkind, CNN Business Netflix, once a darling of Wall Street, is suddenly on the ropes. The streaming giant will report…
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The truth, and strategy, of food expiration dates
By Danielle Wiener-Bronner, CNN Business When you walk into a supermarket and pick up an item — anything from milk to cereal to a can of beans —…
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Why Tide Pods look like candy
By Nathaniel Meyersohn, CNN Business In 2004, Procter & Gamble was looking for a hit. It had been two decades since the consumer products…
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Biden averts freight railroad strike – for now
By Chris Isidore and Betsy Klein, CNN Business Worried about supply chain problems that are already causing problems for the nation’s economy,…
Continue Reading Biden averts freight railroad strike – for now
By Chris Isidore and Betsy Klein, CNN Business Worried about supply chain problems that are already causing problems for the nation’s economy,…
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Hertz faces lawsuit from 47 customers claiming false arrests
By Matt McFarland, CNN Business 47 Hertz customers have filed a lawsuit against the rental company that describes horror stories after they were…
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Stocks end tumultuous week with a rally
By Nicole Goodkind, CNN Business US stocks surged Friday as an end-of-week rally gained momentum and sent the Dow up over 600 points. A new batch of…
Continue ReadingThis supercharged tree might help fight climate change
By Matt McFarland, CNN Business The problem with trees is that they are too slow. Part of the issue with catastrophic climate change is that, by some…
Continue ReadingThis supercharged tree might help fight climate change
By Matt McFarland, CNN Business The problem with trees is that they are too slow. Part of the issue with catastrophic climate change is that, by some…
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Americans are feeling slightly better about the economy, but inflation still bites
By Alicia Wallace, CNN Business Americans are feeling slightly better about the economy, but painfully high inflation is still keeping consumer…
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This one thing is pushing up the price of almost everything you buy
Martha C. White Although prices at the pump serve as one of the most prominent symbols of rampant inflation, economists are more worried about the…
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Employers who want workers in the office more often may be in for a fight
By Kathryn Vasel, CNN Business Many employers have made it clear that they want their workers to return to the office — at least part of the…
Continue Reading This one thing is pushing up the price of almost everything you buy
Martha C. White Although prices at the pump serve as one of the most prominent symbols of rampant inflation, economists are more worried about the…
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China extends property loans at the fastest pace in three years as mortgage crisis spreads
By Laura He, CNN Business China’s banking regulator has pledged to boost lending to help developers finish stalled property projects and boost…
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Energy saved US markets last quarter. Now the sector is losing power
By Nicole Goodkind, CNN Business US markets took a beating on Thursday as big bank earnings delivered disappointing results. Markets and the economy…
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China’s economy records slowest growth since the start of 2020
By Laura He, CNN Business China’s economy has recorded its worst quarterly performance in over two years, after months of harsh Covid lockdowns…
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Uber’s safety issues still loom large: Another five passengers sue company over alleged sexual assault incidents
By Sara Ashley O’Brien, CNN Business Five more passengers are suing Uber over alleged sexual assault incidents that occurred in recent months…
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Big pay raises expected for 2023. But here’s why that extra income may not make a difference
By Jeanne Sahadi, CNN Business US employers say they expect the average raise to be 4.1% in 2023, which would be the largest hike in 15 years,…
Continue ReadingExclusive: Wordle is being turned into a board game
By Jordan Valinsky, CNN Business Wordle is jumping from the P-H-O-N-E to the B-O-A-R-D. Hasbro is partnering with the New York Times, which owns the…
Continue ReadingExclusive: Wordle is being turned into a board game
By Jordan Valinsky, CNN Business Wordle is jumping from the P-H-O-N-E to the B-O-A-R-D. Hasbro is partnering with the New York Times, which owns the…
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Why BMW is offering heated seats on a monthly subscription
By Peter Valdes-Dapena, CNN Business BMW is now offering British drivers the option of enjoying a heated seat on a monthly subscription basis. Of…
Continue Reading What recession? America’s banks reveal few signs of trouble
By Julia Horowitz, CNN Business If a recession were to arrive in the United States, there would normally be evidence of pain at America’s…
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Tesla’s head of AI, an ardent supporter of ‘full self driving,’ has exited the company
By Matt McFarland, CNN Business Andrej Karpathy, Tesla’s director of artificial intelligence, announced Wednesday he’s leaving the…
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Mortgage rates rise to 5.5% as volatility continues
By Anna Bahney, CNN Business Mortgage rates are on the rise again after a dramatic drop last week. The 30-year fixed-rate mortgage averaged 5.51% in…
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Jamie Dimon battens down the hatches for a recession
By Nicole Goodkind, CNN Business JPMorgan Chase kicked off the second quarter earnings season with bad news: The bank temporarily suspended share…
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This key inflation measure shows prices are still rising
By Alicia Wallace, CNN Business A leading inflation indicator surged in June, showing that prices continue to remain stubbornly high. The Producer…
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A truly massive interest rate hike is now on the table
By Julia Horowitz, CNN Business Central banks have made clear that after a sluggish start, they’re serious about putting a lid on inflation.…
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