Opinion: This is what will prevent stagflation from hitting the US economy
Opinion by Joseph H. Davis for CNN Business Perspectives Hardly a day goes by without news about inflation and the growing risk of recession.…
Continue ReadingOpinion by Joseph H. Davis for CNN Business Perspectives Hardly a day goes by without news about inflation and the growing risk of recession.…
Continue Reading
By Nicole Goodkind, CNN Business The US has a jobs problem: There are too many of them. There are currently around two jobs available for every…
Continue ReadingMartha C. White for CNN Business At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge to stay the course…
Continue Reading
By Alicia Wallace, CNN Business The economy added 315,000 jobs in August, exceeding economists’ expectations but far below July’s blowout…
Continue Reading
By Alex Stambaugh, Julia Horowitz and Michelle Toh, CNN Business The West’s biggest economies on Friday agreed to impose a price cap on Russian…
Continue Reading
By Hilary Whiteman, CNN Australia shut its borders for more than two years during the pandemic, but it also blocked access to potential workers and…
Continue Reading
By Danielle Wiener-Bronner, CNN Business Starbucks has tapped Laxman Narasimhan as its next CEO. Narasimhan will become incoming CEO at Starbucks on…
Continue Reading
By Matt McFarland, CNN Business This week Cruise, which counts General Motors as its largest shareholder, became the first robotaxi operator to…
Continue Reading
By Paul R. La Monica, CNN Business New month. Same old market volatility. Stocks rallied at the end of first day of September, which is historically…
Continue Reading
By Matt Egan and Anna Bahney, CNN Bank of America is offering zero down payment mortgages with no closing costs for first-time homebuyers in certain…
Continue Reading
By Alicia Wallace, CNN Business The US economy shrank in the first half of the year, consumer sentiment plunged amid high inflation and unrest…
Continue Reading
By Paul R. La Monica, CNN Business The work-from-home boom may be over, and that’s not good news for one pandemic stock market darling.…
Continue Reading
By Kate Trafecante and Alicia Wallace for CNN Business Weekly jobless claims fell to the lowest level since late June as employers appear reluctant…
Continue Reading
By Anna Bahney, CNN Business Mortgage rates continued to climb this week following comments by Federal Reserve Chairman Jerome Powell that the…
Continue ReadingOpinion by Gideon Maltz for CNN Business Perspectives One year ago, the world collapsed for Sayed Kabir Kamall, an Afghan of Uzbek heritage. Kabir…
Continue Reading
By Zayn Nabbi and Anna Cooban, CNN Business More than two in five Black, brown and minority ethnic workers in the United Kingdom say they have faced…
Continue Reading
By Anna Chernova, Frederik Pleitgen, Chris Liakos and Julia Horowitz, CNN Business The chairman of Russian oil and gas giant Lukoil has died after…
Continue Reading
By Anna Cooban, CNN Business A leading British retailer plans to feed 88,000 workers over the winter to help them cope with the surging cost of…
Continue ReadingBy Nicole Goodkind, CNN Business Markets are hard to predict right now, and that’s raising a question for some on Wall Street: Does a common…
Continue ReadingBy Frank Pallotta, CNN Business After much anticipation, “The Lord of the Rings: The Rings of Power” finally debuts on Amazon Prime Video…
Continue Reading
By Anna Cooban, CNN Business Workers in the United Kingdom have had enough of falling living standards. Rail workers, journalists, lawyers, and…
Continue Reading
By Nathaniel Meyersohn, CNN Business Add a Sam’s Club membership to the list of subscriptions that are getting more expensive. The warehouse…
Continue Reading
By Danielle Wiener-Bronner, CNN Business California lawmakers want more control over how fast food chains treat workers. Restaurants, including…
Continue Reading
By Danielle Wiener-Bronner, CNN Business California lawmakers want more control over how fast food chains treat workers. Restaurants, including…
Continue ReadingBy Oliver Darcy, CNN Business Some of the biggest stars at Fox News have been deposed in recent days as a voting technology company presses forward…
Continue Reading
By Chris Isidore, CNN Business Toyota announced plans Wednesday to invest $5.6 billion in new plants to build electric vehicle batteries in Japan and…
Continue Reading
By Paul R. La Monica, CNN Business The bourbon boom is showing no signs of ending anytime soon: Wall Street is still wild about whiskey. Jack…
Continue Reading
By Nathaniel Meyersohn, CNN Business Few of us want summer to end, but there’s some good news coming this winter holiday: you’ll find…
Continue Reading
Martha C. White for CNN Business The private sector added 132,000 jobs in August, an indication that the white-hot pace of hiring could be slowing…
Continue Reading
By Jordan Valinsky and Nathaniel Meyersohn, CNN Bed Bath & Beyond is in deep turmoil. The company is trying to rescue itself and stay out of…
Continue Reading
By Nicole Goodkind, CNN Business Rising mortgage rates are taking a toll on the US housing market. But those hoping for prices to drop probably…
Continue Reading
By Anna Cooban, CNN Business Russia has temporarily halted natural gas deliveries to Europe through a vital pipeline and cut off all supplies to a…
Continue Reading
By Laura He, CNN Business Chinese markets fell on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome…
Continue Reading
By Kara Fox, CNN When she first started to shed some weight, Yvonne DeBurgo quipped that she could afford to lose it. But over the past three months,…
Continue Reading
By Matt Egan, CNN Goldman Sachs will no longer require its non-New York City based employees to get vaccinated for Covid-19, according to a memo…
Continue ReadingBy Josh Pennington, CNN Russian energy giant Gazprom said on Tuesday that it will completely suspend gas supplies to French industrial energy group…
Continue Reading
By Martha C. White for CNN Business Lower gas prices helped consumer confidence bounce back in August, breaking a three-month stretch of worsening…
Continue Reading
By Paul R. La Monica, CNN Business New month. Same old market volatility. Stocks rallied at the end of first day of September, which is historically…
Continue Reading
By Paul R. La Monica, CNN Business Tuesday’s market rally was brief. Stocks opened higher but quickly gave up their gains. A more than 5% drop…
Continue Reading
By Alicia Wallace, CNN Business US employers aren’t ditching their “help wanted” signs just yet, according to new data released…
Continue Reading
By Paul R. La Monica, CNN Business Worries about the economy have suddenly put shares of pet supply retailers in Wall Street’s doghouse. Shares…
Continue Reading
By Nathaniel Meyersohn, CNN Business Retailers are overstocked on clothing, and some are packing it away in hopes of selling it in future seasons.…
Continue Reading
Opinion by Patrick De Haan for CNN Business Perspectives Americans have never seen a wilder year when it comes to gas prices, thanks to the…
Continue Reading
The National Labor Relations Board said on Monday it was unlawful for Tesla to prohibit employees from wearing shirts bearing union insignia, ruling…
Continue Reading
By Parija Kavilanz, CNN Business Savvy consumers have found a way around sky-high inflation to keep buying more than just necessities. They’re…
Continue Reading
By Julia Horowitz, CNN Business First it was the coronavirus pandemic that forced pubs to shut their doors and rely on government support to survive…
Continue Reading
By Nicole Goodkind, CNN Business After a period of angst, Americans appear to be feeling a bit better about the economy. What’s happening: The…
Continue Reading
By Alicia Wallace, CNN Business In a blunt speech last Friday, Federal Reserve Chairman Jerome Powell warned that the central bank’s battle…
Continue Reading
By Diksha Madhok, CNN Business Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while…
Continue Reading
By Laura He, CNN Business Chinese markets fell on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome…
Continue Reading