Even dollar stores are starting to feel the pinch from inflation
By Paul R. La Monica, CNN Business Dollar stores, as their name suggests, offer inexpensive products for bargain-hungry shoppers. But even Dollar…
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By Paul R. La Monica, CNN Business Dollar stores, as their name suggests, offer inexpensive products for bargain-hungry shoppers. But even Dollar…
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By Chris Isidore, CNN Business People hoping to get their holiday shopping delivered on time could be caught in the middle of a growing battle…
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By Julia Horowitz, CNN Business When consumers were stuck inside during the early stages of the Covid-19 pandemic, there weren’t many places to…
Continue ReadingBy Chris Isidore, CNN Business Few companies flourished more amid the pandemic’s economic upheaval than Peloton. With people unable (or…
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By Jordan Valinsky, CNN Business Peloton’s rough road to recovery continues. The fitness company’s quarterly revenue came in below Wall…
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By Anna Bahney, CNN Business Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed signals about the health…
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By Matt Egan, CNN Business The pandemic continues to cast a shadow over the workforce. Long Covid, a combination of symptoms that emerge months or…
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By Anna Bahney, CNN Business Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed signals about the health…
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By Alicia Wallace, CNN Business The US economy shrank at a slightly slower rate than estimated during the second quarter, according to updated data…
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By Laura He, CNN Business China has unveiled 19 new measures to shore up its economy and “secure drinking water” supply as the country…
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By Paul R. La Monica, CNN Business Tesla’s stock price is set to drop at the opening bell Thursday, but not because of anything Elon Musk…
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By Jessie Yeung and Shawn Deng, CNN The island of Hainan in southern China plans to ban the sale of fossil fuel-powered vehicles by 2030, aiming to…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Chick-fil-A’s grilled nuggets and grilled filets have a dairy allergen due to an accidental…
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By Matt Egan, CNN Business President Joe Biden’s student loan plan is a potential game changer for Americans drowning in debt. And yet the…
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By Matt Egan, CNN Business President Joe Biden’s student loan plan is a potential game changer for Americans drowning in debt. And yet the…
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By Parija Kavilanz, CNN Business Party City expects Halloween will be back with a vengeance this year — in a good way. The seller of themed party…
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By Paul R. La Monica, CNN Business Some would argue that Wall Street is just one big casino. And for investors wagering on gambling stocks,…
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By Kathryn Vasel, CNN Business Having kids is a major life change — and it can also be very expensive. And over the past several years, more…
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Martha C. White Inflation talk is expected to dominate the Federal Reserve’s annual summer gathering in Jackson Hole, Wyoming, later this week.…
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By Anna Cooban, CNN Business The United Kingdom will have to find an answer to soaring energy bills soon or risk a humanitarian crisis. But freezing…
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By Julia Horowitz, CNN Business When Russian President Vladimir Putin launched his unprovoked invasion of Ukraine in late February, investors were as…
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By Anna Bahney, CNN Business Rents hit a record high in July for the 17th month in a row, putting ever more pressure on renters. The national median…
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By Jordan Valinsky, CNN Business Two months ago, Australian media site Crikey called “Murdoch” an “unindicted co-conspirator”…
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Opinion by Derrick Johnson and Wisdom Cole for CNN Business Perspectives With the simple stroke of a pen, President Biden has the unique opportunity…
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By Frank Pallotta, CNN Business Hollywood loves a comeback story, and MoviePass, one of the industry’s most notorious flops, is trying to write…
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By Chris Isidore, CNN Business The only thing that climbed as high as gas prices earlier this year was the disapproval of President Joe Biden, as…
Continue ReadingBy Michelle Toh, CNN Business People on the frontlines of Europe’s gas crisis are scrambling to get solar panels for their homes and businesses…
Continue ReadingBy Rhea Mogul, Junko Ogura and Tetsu Sukegawa, CNN Prime Minister Fumio Kishida said Wednesday Japan will restart idled nuclear plants and consider…
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By Diksha Madhok, CNN Business Asia’s richest man has launched a hostile bid to take over an influential broadcaster in India and gain a firmer…
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By Alicia Wallace, CNN Business Business activity at private US companies in early August dropped off at some of the sharpest rates seen since the…
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By Paul R. La Monica, CNN Business The pandemic lift for Zoom has gone poof. Shares of the video conferencing company plunged more than 15% Tuesday…
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By Paul R. La Monica, CNN Business Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don’t often…
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By Chris Isidore, CNN Business The only thing that climbed as high as gas prices earlier this year was the disapproval of President Joe Biden, as…
Continue ReadingMartha C. White for CNN Business The pandemic lockdowns might be in the rearview mirror, but rising inflation has ushered in the return of…
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By Matt Egan, CNN Business Drivers have something to smile about: A historic drop in gasoline prices. The national average for a gallon of regular…
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By Anna Bahney, CNN Business New home sales plunged in July as high prices and mortgage rates pushed buyers to think twice about closing the deal.…
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By Julia Horowitz, CNN Business The outlook for inflation and the global economy hinges in large part on where energy prices head next — which…
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By Laura He, CNN Business China is mining and importing more coal as its worst heatwave and drought in six decades hits hydroelectricity, the…
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By Ross Levitt, CNN More than 1,300 US flights have been canceled as of Monday night and more than 7,400 flights have been delayed, according to the…
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By Jeanne Sahadi, CNN Business The now viral phrase “quiet quitting” is annoyingly imprecise and misleading. Some say it means doing the…
Continue ReadingBy Chris Isidore, CNN Business The family of an elderly couple killed when the roof of their F-250 pickup collapsed during a rollover accident in…
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By Megan Marples, CNN Years of long hours, understaffed companies and burned-out employees have all led to the latest TikTok trend: quiet quitting.…
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By Megan Marples, CNN Years of long hours, understaffed companies and burned-out employees have all led to the latest TikTok trend: quiet quitting.…
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By Matt McFarland, CNN Business Tesla is raising the price of its controversial driver-assist feature it calls “full self-driving” to…
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By Chris Isidore, CNN Business Ford is cutting 3,000 white collar jobs as it prepares to shift from traditional internal combustion engine vehicles…
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By Parija Kavilanz, CNN Business Shareholders are pulling the rug out from under Bed Bath & Beyond. The embattled retailer’s stock dropped…
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By Matt Egan for CNN Business The Federal Reserve is unlikely to tame inflation without pushing the American economy into a recession, according to a…
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By Paul R. La Monica, CNN Business So much for hopes that the Federal Reserve will tap the brakes on its aggressive interest rate hikes. Stocks…
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By Anna Cooban, CNN Business French supermarkets and gas stations have an answer to soaring inflation — freezing some prices for the next few…
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By Julia Horowitz, CNN Business Stocks have experienced a sharp summer rebound, easing fear among investors and boosting hopes the bear market has…
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