Girl Scouts add a new raspberry cookie to the lineup
By Jordan Valinsky, CNN Business The Girl Scouts are adding a new, raspberry-flavored cookie to the lineup. The Raspberry Rally, described in a…
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Target profit plunges 90% as inflation-weary shoppers pull back
By Chris Isidore, CNN Business Target reported profit plunged 90% in the second quarter, falling far short of expectations, as inflation-weary…
Continue ReadingGirl Scouts add a new raspberry cookie to the lineup
By Jordan Valinsky, CNN Business The Girl Scouts are adding a new, raspberry-flavored cookie to the lineup. The Raspberry Rally, described in a…
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Exclusive: Buffalo Wild Wings is adding pizza to its menu
By Jordan Valinsky, CNN Business With football season approaching, Buffalo Wild Wings is adding a new menu item that’s all but synonymous with…
Continue ReadingThe recession debate could hinge on this data
By Julia Horowitz, CNN Business Are Americans still reaching for their wallets, even as high inflation forces households to contend with higher…
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When will price increases end? Probably never
By Nicole Goodkind, CNN Business A dollar just isn’t worth what it used to be. At the grocery store, you’re getting about 11 cents less…
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UK inflation exceeds 10% as bread and milk prices soar
By Mark Thompson, CNN Business Inflation in the United Kingdom hit a new 40-year high last month, rising above 10% for the first time since 1982 and…
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China’s No.2 admits economic recovery is at ‘most difficult point’
By Laura He, CNN Business Chinese Premier Li Keqiang has urged China’s wealthiest provinces to “bravely take the lead” to bolster…
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No, Elon Musk is not buying Manchester United
By Diksha Madhok, CNN Business The richest man on earth has once again created chaos and commotion on the internet with his tweets. Tesla’s…
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GM is recalling hundreds of thousands of vehicles because of a seat belt problem
By Rob McLean, CNN Business GM is recalling hundreds of thousands of vehicles because of a problem with third-row seatbelts. The National Highway…
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More Americans are relying on credit cards. That could be very costly
By Matt Egan Interest rates on credit cards are so high these days that consumers with a $5,000 credit card balance could pay an extra $1,000 in…
Continue Reading More Americans are relying on credit cards. That could be very costly
By Matt Egan Interest rates on credit cards are so high these days that consumers with a $5,000 credit card balance could pay an extra $1,000 in…
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EV credits are now harder to come by. These buyers snuck in deals under the wire.
By Matt McFarland, CNN Business President Biden signed into law the Inflation Reduction Act on Tuesday, and it will reshape the electric vehicle tax…
Continue Reading EV credits are now harder to come by. These buyers snuck in deals under the wire.
By Matt McFarland, CNN Business President Biden signed into law the Inflation Reduction Act on Tuesday, and it will reshape the electric vehicle tax…
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Record Home Depot sales show America’s housing market is still strong
By Paul R. La Monica, CNN Business Soaring mortgage rates and unaffordable home prices are worrisome signs for the broader housing market and…
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End of the Zoom boom? Citi analyst cuts stock to a rare ‘sell’ rating
By Paul R. La Monica, CNN Business Zoom was one of the biggest beneficiaries of the work-from-anywhere trend that took hold during the height of the…
Continue Reading End of the Zoom boom? Citi analyst cuts stock to a rare ‘sell’ rating
By Paul R. La Monica, CNN Business Zoom was one of the biggest beneficiaries of the work-from-anywhere trend that took hold during the height of the…
Continue Reading End of the Zoom boom? Citi analyst cuts stock to a rare ‘sell’ rating
By Paul R. La Monica, CNN Business Zoom was one of the biggest beneficiaries of the work-from-anywhere trend that took hold during the height of the…
Continue ReadingWalmart+ has an Amazon Prime Video competitor
By Frank Pallotta, CNN Business Walmart+ — in its effort to become a true competitor to Amazon Prime — will offer Paramount+ as part of its…
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New home construction cools as more people get priced out of the housing market
By Anna Bahney, CNN Business Home builders pressed on the brakes once again last month as the cost of building supplies remained high and more…
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Walmart results relieve some recession fears
By Chris Isidore, CNN Business Walmart had good news Tuesday for investors and economists worried about a looming recession, as the retail giant gave…
Continue ReadingWarren Buffett is still betting on America’s economy
By Julia Horowitz, CNN Business It’s a moment of great uncertainty for the US economy, as high inflation and rising interest rates feed fears…
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UK workers suffer biggest hit to their wages since records began
By Anna Cooban, CNN Business UK workers have suffered the biggest drop in their spending power in more than 20 years as prices keep soaring. Average…
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China’s worst heatwave in 60 years is forcing factories to close
By Laura He, CNN Business China’s Sichuan province has ordered all factories to shut down for six days to ease a power shortage in the region…
Continue Reading4moms recalls millions of baby swings and rockers
By Rob McLean, CNN Business Millions of baby swings and rockers that pose a risk of asphyxiation or other injuries to infants have been recalled,…
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Who owns your credit score? Not you
By Alexandra Peers, CNN Business Credit agencies know a lot about Americans. The agencies accumulate information, such as Social Security numbers,…
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You can buy a Dodge Challenger convertible as the model ends its run
By Peter Valdes-Dapena, CNN Business The modern Dodge Challenger muscle car and the closely related Dodge Charger four-door sedan are ending their…
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Majority of Americans say they’re worried about being able to pay for housing
By Anna Bahney, CNN Business If you are feeling the pinch of higher rents, you’re not alone. Nearly 60% of renters saw a rent increase during…
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Most electric cars are quiet. But Dodge says its future electric muscle car will be super loud
By Peter Valdes-Dapena, CNN Business Dodge, famous for offering cars with big and powerful V8 engines, is phasing out some of its iconic, gas-powered…
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Tesla has now built one million cars in China
By Chris Isidore, CNN Business Tesla is celebrating its one millionth car manufactured in China, a major milestone for the electric car…
Continue ReadingFrozen pizza recalled after customers find metal pieces
By Jordan Valinsky, CNN Business About 13,000 pounds of frozen pizza made by Home Run Inn Frozen Foods is being recalled because of potential metal…
Continue Reading No, Elon Musk is not buying Manchester United
By Diksha Madhok, CNN Business The richest man on earth has once again created chaos and commotion on the internet with his tweets. Tesla’s…
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Dollar General hit with nearly $1.3 million in workplace safety fines
By Ramishah Maruf, CNN The US Department of Labor proposed fines of almost $1.3 million for Dollar General after federal inspectors found workplace…
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Tesla’s ‘full self-driving’ feature may have finally met its match
By Matt McFarland, CNN Business “Full self-driving,” the controversially named driver-assist feature from Tesla, may have finally met its…
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Starbucks asks labor board to halt mail-in union ballots
By Danielle Wiener-Bronner, CNN Business Starbucks is requesting a suspension of mail-in ballots at unionization votes currently going on at its…
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Activist investor wants Disney to buy back Hulu stake and spin off ESPN
By Paul R. La Monica, CNN Business Disney wowed Wall Street last week with strong earnings thanks to solid Disney+ subscriber gains and healthy theme…
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Did you change jobs during the pandemic and then regret it?
A record number of Americans quit their jobs last year. The reasons for leaving varied: some workers were looking for new opportunities, others…
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5 ways being single can cost you more
By Jeanne Sahadi, CNN Business There are plenty of advantages to being single. Among them: You can call the shots in your life without compromise.…
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US natural gas prices spike to 14-year high. Here’s why
By Matt Egan, CNN Business US natural gas prices have skyrocketed to levels unseen since 2008, a spike that threatens to offset the benefits of…
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New York manufacturing suffers near-record plunge
By Matt Egan, CNN Business In the latest sign of turbulence in the US economy, New York-area manufacturing suffered a large and unexpected setback in…
Continue ReadingSoulCycle is closing 25% of its studios
By Jordan Valinsky, CNN Business It’s not just Peloton that’s spinning into trouble: Indoor cycling studio SoulCycle is closing about 25%…
Continue ReadingNew business taxes are coming. Wall Street isn’t worried
By Julia Horowitz, CNN Business The most powerful business lobby in the United States is not a fan of the landmark heath care and climate package…
Continue ReadingOpinion: Fully remote work could soon vanish
Opinion by Johnny C. Taylor, Jr. for CNN Business Perspectives As restaurants, malls and movie theaters fill back up with people, the workplace has…
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China cuts rates as lockdowns and a real estate crisis take their toll
By Laura He, CNN Business China’s central bank cut interest rates on Monday as new data showed the economy losing steam last month because of…
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Modi pledges to turn India into a developed country as nation turns 75
By Rhea Mogul, CNN Standing in front of the historic Red Fort in Delhi, Prime Minister Narendra Modi on Monday pledged to transform India into a…
Continue ReadingMore than 2,000 California mental health clinicians set to strike
By Ramishah Maruf, CNN Thousands of mental health therapists at the country’s largest non-profit HMO are poised to strike this week, holding…
Continue ReadingBlack entertainment mogul calls for more inclusion in news and media
By Ramishah Maruf, CNN Byron Allen began his career as a standup comic and is now a media tycoon who owns dozens of outlets including the Weather…
Continue ReadingInflation, explained: Why prices keep going up and who’s to blame
By Allison Morrow and Nicole Goodkind, CNN Business Confused about inflation? You’re not alone. Inflation is, paradoxically, both incredibly…
Continue ReadingRobinhood may need to join forces with a larger Wall Street rival
By Paul R. La Monica, CNN Business Robinhood, as its name suggests, was designed to take the power of the stock market away from the rich fat cats on…
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Velveeta is staging a comeback
By Danielle Wiener-Bronner, CNN Business In 2020, something incredible happened in the dairy aisle: Velveeta started flying off the shelves. Sales of…
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