Could we talk ourselves into a recession?
By Julia Horowitz, CNN Business There’s no denying that the US economy is at a strange juncture that’s left even top experts scratching…
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Elon Musk denies affair with Sergey Brin’s wife Nicole Shanahan
By Anna Cooban, CNN Business Elon Musk has denied having an affair with Nicole Shanahan, the wife of Google’s co-founder, Sergey Brin. Over the…
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Google fires engineer who contended its AI technology was sentient
By Ramishah Maruf, CNN Google has fired the engineer who claimed an unreleased AI system had become sentient, the company confirmed, saying he…
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This reporter tried to expose Harvey Weinstein’s crimes 20 years ago. His account is finally out
By Ramishah Maruf, CNN Long-time New Yorker media reporter Ken Auletta heard whispers of Harvey Weinstein’s sexual abuse of women 20 years ago…
Continue Reading‘Nope’ is Jordan Peele’s latest No. 1 film at the box office
By Frank Pallotta, CNN Business “Nope,” Jordan Peele’s third movie, opened to an estimated $44 million this weekend in North…
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What the Fed and Madonna have in common
By Nicole Goodkind, CNN Business Since its founding in 1913, the US Federal Reserve has fought to achieve three goals: maximum employment, stable…
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Disney changes name of ‘Fairy Godmothers in Training’ in US theme parks to gender-neutral term to be more inclusive, company says
By Emma Tucker Disney’s “Fairy Godmothers in Training” who dress up children as princesses and knights in boutiques at its US theme…
Continue ReadingVince McMahon retires from WWE amid hush money investigation
By Frank Pallotta, CNN Business Vince McMahon, the former WWE chief executive, is retiring from the company, he said in a statement on Friday. The…
Continue ReadingCadillac thinks its hand-built electric car can take on Rolls-Royce
By Peter Valdes-Dapena, CNN Business Cadillac is going back into a market segment it hasn’t occupied in decades: the world of true ultra-luxury…
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Volkswagen CEO to leave in surprise move
By Chris Isidore, CNN Business Volkswagen’s CEO is leaving his post in a surprise move, effective September 1. The company announced Friday…
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FedEx is trimming Sunday delivery to US rural homes
By Chris Isidore, CNN Business FedEx’s Ground service will stop making Sunday deliveries to about 15% of the US homes it’s currently…
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Rise in gasoline prices threatens social stability and food security in Latin America
By Stefano Pozzebon, CNN South American countries are bracing for an autumn of discontent, as spiking global fuel prices threaten to provoke more…
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Why these ‘unretirees’ went back to work
By Kathryn Vasel, CNN Business In 2020, Joe DiPastena felt confident enough to retire earlier than planned. But by 2022, he was having second…
Continue Reading‘Nope’ hopes to be Jordan Peele’s latest out-of-this-world hit
By Frank Pallotta, CNN Business Jordan Peele is hoping to go three-for-three at the box office. The director’s third movie, “Nope,”…
Continue Reading‘Nope’ is Jordan Peele’s latest No. 1 film at the box office
By Frank Pallotta, CNN Business “Nope,” Jordan Peele’s third movie, opened to an estimated $44 million this weekend in North…
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Recession warning: Some Americans are having trouble paying bills
By Paul R. La Monica, CNN Business Is America’s economy already in a recession? That’s a debate among central bankers, investors and…
Continue ReadingOpinion: Without real solutions, renters will continue to be worse off
Opinion by Jung Hyun Choi and Daniel Pang for CNN Business Perspectives Over the past year, both rents and home prices have risen faster than…
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You’re not the only one who’s confused about the economy. The experts are baffled, too
Martha C. White The recovery wasn’t supposed to go like this. Wall Street and Main Street alike are suffering from whiplash when it comes to…
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Why a social media app is dragging the market lower
By Julia Horowitz, CNN Business An average 347 million people use Snapchat every day. That’s a fraction of the nearly 2 billion daily active…
Continue Reading Why a social media app is dragging the market lower
By Julia Horowitz, CNN Business An average 347 million people use Snapchat every day. That’s a fraction of the nearly 2 billion daily active…
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Germany bails out its biggest natural gas importer
By Anna Cooban, CNN Business The German government has stepped in to bail out one of its biggest energy companies — the latest casualty of…
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As more coupons move online, older and low-income shoppers get left out
By Nathaniel Meyersohn, CNN Business Susie Ingram has been a coupon-clipper all her life. “It has saved me a lot of money over 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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To infinity and beyond: Mattel announces toy deal with SpaceX
By Chiara Grimes, CNN Business Mattel, Inc. announced Wednesday that it has entered into a multi-year, worldwide agreement with SpaceX to create a…
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How to invest like Warren Buffett during a recession
By Nicole Goodkind, CNN Business Between 2020 and 2022, stocks shot toward the moon. This year, they’ve been jettisoned back to Earth. The…
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Domino’s is still struggling to get pizza to your house
By Danielle Wiener-Bronner, CNN Business Domino’s is still struggling with delivery. “The delivery business continued to be more…
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Tesla dumped a big chunk of its bitcoin holdings. Should you?
By Paul R. La Monica, CNN Business Bitcoin prices were cooling off Thursday following a big spike in the past week. And it appears Elon Musk might be…
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Europe’s economy is in dire straits. This week presents a crucial test
By Julia Horowitz, CNN Business Europe’s economy, which accounts for almost a fifth of the world’s output, is facing its toughest test…
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Europe’s economy surprisingly grew last quarter, easing recession fears (for now)
By Anna Cooban and Julia Horowitz, CNN Business Europe’s economy grew unexpectedly in the second quarter of this year, allaying concerns —…
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Mortgage rates tick higher again as recession fears loom
By Anna Bahney, CNN Business Mortgage rates ticked higher for the second week in a row as more economic indicators flashed warning signs of an…
Continue ReadingAmerican and United airlines return to profitability
By Chris Isidore, CNN Business American and United airlines both reported their first operating profit since the start of the pandemic, as strong…
Continue ReadingNetflix’s vision for the future of streaming: More expensive or less convenient
By Frank Pallotta, CNN Business Netflix lost roughly a million customers last quarter — the most in the company’s 25-year history. But it…
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The European Central Bank raises rates for the first time in 11 years
By Julia Horowitz, CNN Business In a bold attempt to get inflation under control, the European Central Bank on Thursday announced it would hike its…
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Have you recently shifted from part-time to full-time work?
Workers aren’t settling for part-time work nearly as often as they used to. The number of workers employed in part-time jobs because they…
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Workers aren’t having to settle for part-time work any more
By Chris Isidore, CNN Business Part-time work has become a lot less popular, both with job seekers and employers. The number of workers who are…
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Europe’s historic inflation fight begins now
By Julia Horowitz, CNN Business The European Central Bank is about to raise interest rates for the first time in 11 years as it attempts to put a lid…
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Rents hit another record high. But it’s still a better deal than buying in most US cities
By Anna Bahney, CNN Business Rents hit another record high in June, putting more pressure on renters. But with the costs associated with buying a…
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China fines Didi $1.2 billion for violating cybersecurity and data laws
By Yong Xiong, Larry Register and Laura He, CNN Business China’s cyberspace regulator fined Didi Global just over 8 billion yuan ($1.2 billion)…
Continue Reading Germany bails out its biggest natural gas importer
By Anna Cooban, CNN Business The German government has stepped in to bail out one of its biggest energy companies — the latest casualty of…
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Russian gas is flowing to Europe again over the crucial Nord Stream 1 pipeline
By Irene Nasser and Yong Xiong, CNN Business Gazprom has resumed gas shipments through the Nord Stream 1 pipeline, a vital artery linking…
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India’s top court grants bail to Muslim journalist accused of insulting Hindus
By Esha Mitra and Rhea Mogul, CNN Muslim journalist Mohammed Zubair has been freed from jail on the order of India’s Supreme Court after he was…
Continue ReadingUS Postal Service says at least 40% of new delivery trucks will be electric
By Matt McFarland, CNN Business The US Postal Service said Wednesday that at least 40% of its new delivery vehicles will be electric, up from the 10%…
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Tesla earnings fall on hit from China Covid surge
By Chris Isidore, CNN Business Lockdowns caused by the Covid surge in China caused sales and profits to fall at Tesla compared to the first three…
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These are the keys to 401(k) investing success in a falling market
By Jeanne Sahadi, CNN Business There really was no place for 401(k) investors to hide in the first half of this year. Even though their portfolios…
Continue ReadingThis airline is launching electronic bag tags to speed up airport check-in
By Jennifer Korn, CNN Business Alaska Airlines is rolling out electronic bag tags in an effort to speed up the airport check-in process for…
Continue ReadingThis airline is launching electronic bag tags to speed up airport check-in
By Jennifer Korn, CNN Business Alaska Airlines is rolling out electronic bag tags in an effort to speed up the airport check-in process for…
Continue ReadingThe CEO of Goldman Sachs is worried about a recession
By Paul R. La Monica, CNN Business The CEO of one of America’s largest banks is worried inflation will remain problematic for a while longer…
Continue ReadingThe CEO of Goldman Sachs is worried about a recession
By Paul R. La Monica, CNN Business The CEO of one of America’s largest banks is worried inflation will remain problematic for a while longer…
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Netflix finally told investors what they want to hear. Now comes the hard part
By Julia Horowitz, CNN Business It wasn’t long ago that Wall Street would have bristled at such grim news out of Netflix: Between April and…
Continue Reading Europe’s economy is in dire straits. This week presents a crucial test
By Julia Horowitz, CNN Business Europe’s economy, which accounts for almost a fifth of the world’s output, is facing its toughest test…
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