Global economy faces ‘its biggest test’ since WWII
By Julia Horowitz, CNN Business The global economy is being brought to the edge of a precipice by crisis upon crisis. As the first World Economic…
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Didi’s disastrous foray onto Wall Street is over
By Michelle Toh, CNN Business Shareholders voted Monday in favor of Didi’s plan to quit the New York Stock Exchange less than a year after…
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First on CNN: White House explores tapping emergency diesel reserve to ease price spike
By Matt Egan, CNN The White House is considering an emergency declaration that would enable President Joe Biden to release diesel from a rarely used…
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A new billionaire has been minted nearly every day during the pandemic
By Tami Luhby, CNN The Covid-19 pandemic has been good for the wallets of the wealthy. Some 573 people have joined the billionaire ranks since 2020,…
Continue ReadingWhy Insider’s global editor-in-chief decided to publish the sexual harassment allegation against Elon Musk
By Ramishah Maruf, CNN Business Elon Musk is going after Insider for publishing a story alleging he sexually harassed a flight attendant on a SpaceX…
Continue ReadingWhy Insider’s global editor-in-chief decided to publish the sexual harassment allegation against Elon Musk
By Ramishah Maruf, CNN Business Elon Musk is going after Insider for publishing a story alleging he sexually harassed a flight attendant on a SpaceX…
Continue ReadingAmerica needs more baby formula. Here’s why it’s so hard to make it
By Parija Kavilanz, CNN Business Industry insiders have long feared a situation just like this: American parents are desperately seeking adequate…
Continue ReadingAmerica needs more baby formula. Here’s why it’s so hard to make it
By Parija Kavilanz, CNN Business Industry insiders have long feared a situation just like this: American parents are desperately seeking adequate…
Continue ReadingNissan is launching a comeback. Here’s what it’s like road tripping in its newest sports car
By Peter Valdes-Dapena, CNN Business The new Nissan Z is one of the most important models in the car maker’s recent history — not for any…
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What if the Fed can’t tame inflation?
By Nicole Goodkind, CNN Business To badly misquote John Lennon: Everybody’s talking about inflation, stagflation, capitulation, globalization,…
Continue Reading‘SNL’ says goodbye to Kate McKinnon and Pete Davidson
By Frank Pallotta, CNN Business “Saturday Night Live” closed out its 47th season by saying goodbye to two of its most beloved cast…
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Davos is back and the world has changed. Have the global elite noticed?
By Julia Horowitz, CNN Business The last time top politicians, CEOs and billionaires gathered in a Swiss mountain village to discuss society’s…
Continue Reading‘SNL’ says goodbye to Kate McKinnon and Pete Davidson
By Frank Pallotta, CNN Business “Saturday Night Live” closed out its 47th season by saying goodbye to two of its most beloved cast…
Continue ReadingHyundai to build $5.5 billion EV and battery plant in the US. Here’s where
By Ramishah Maruf, CNN Georgia will be home to Hyundai’s first dedicated EV plant and battery manufacturing facility in the United States, the…
Continue ReadingJ.M. Smucker is recalling some Jif peanut butter products due to salmonella
By Ramishah Maruf, CNN J.M. Smucker is recalling certain types of Jif peanut butter in the US because of a potential salmonella contamination. The…
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People still call restaurants. Applebee’s is hiring someone else to answer
By Danielle Wiener-Bronner, CNN Business Believe it or not, people still order takeout using the phone. Applebee’s doesn’t want to take…
Continue Reading People still call restaurants. Applebee’s is hiring someone else to answer
By Danielle Wiener-Bronner, CNN Business Believe it or not, people still order takeout using the phone. Applebee’s doesn’t want to take…
Continue ReadingBlack buyers are getting squeezed out of the hot housing market
By Gabe Cohen, CNN Business Nicosha Jones spent nearly a year trying to buy her first home. Jones, 48, planned to build equity by buying a home in…
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New home sales fell by nearly 17% in April as buying became even less affordable
By Anna Bahney, CNN Business The double punch of high home prices and rising mortgage rates took a toll on sales of newly constructed homes in April.…
Continue ReadingOpinion: WEF president: How the world can rebuild cooperation
Opinion by Børge Brende for CNN Business Perspectives The war in Ukraine, a challenging economic outlook, rising global temperatures and a…
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Why stores always put candy and soda near the cash register
By Nathaniel Meyersohn, CNN Business It’s happened to just about everyone who’s bored in line waiting to check out at a store: You spot a…
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Stocks surge thanks to big rally for JPMorgan Chase and other banks
By Paul R. La Monica, CNN Business Investors took a break from selling in May and going away, for one day at least. Stocks soared Monday, as positive…
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S&P 500 briefly falls into bear market territory as recession fears mount
By Nicole Goodkind, CNN Business The S&P 500 briefly fell into bear market territory Friday, slipping more than 20% from its record high and…
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India, the world’s largest producer of sugar, is restricting exports
By Diksha Madhok, CNN Business India has decided to restrict the sale of sugar on international markets, just days after it banned wheat exports. In…
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Prices are rising. How much should your salary increase?
By Kathryn Vasel, CNN Business When it comes to salary negotiations, job candidates have a lot of leverage these days. “There are a number of…
Continue ReadingThe Dow is on its longest weekly losing streak since 1923
By Matt Egan, CNN Business The stock market selloff hit pause Friday, but the Dow Jones Industrial Average couldn’t avoid its longest weekly…
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Pfizer and Moderna created life-saving vaccines. So why are their stocks crumbling?
By Paul R. La Monica, CNN Business Pfizer, BioNTech and Moderna are experiencing a post-vaccine hangover on Wall Street this year. All three stocks…
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Russia is about to cut off Finland’s natural gas
By Chris Liakos and Anna Cooban, CNN Business Russia is about to cut off natural gas supplies to a third European country that refuses to accept the…
Continue Reading Russia is about to cut off Finland’s natural gas
By Chris Liakos and Anna Cooban, CNN Business Russia is about to cut off natural gas supplies to a third European country that refuses to accept the…
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Why the looming bear market will be different
By Julia Horowitz, CNN Business When a bear market arrives, it’s not pretty, especially for investors making short-term decisions. But it…
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China slashes key interest rate as housing sales collapse
By Laura He, CNN Business China on Friday slashed a key interest rate to rescue its slumping housing market and head off a major downturn in the…
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China needs Russian coal. Moscow needs new customers
By Laura He, CNN Business China is buying record amounts of cheap Russian coal, even as Western nations slam Moscow with sanctions over the invasion…
Continue Reading China needs Russian coal. Moscow needs new customers
By Laura He, CNN Business China is buying record amounts of cheap Russian coal, even as Western nations slam Moscow with sanctions over the invasion…
Continue ReadingMercedes just sold the world’s most expensive car for $142 million
By Peter Valdes-Dapena, CNN Business Mercedes-Benz confirmed on Thursday that it recently sold the world’s most expensive car. A very rare 1955…
Continue ReadingFemale Afghan TV journalists describe a ‘psychological prison’ amid Taliban order to cover their faces on air
By Christiane Amanpour, Jo Shelley, Ahmet Mengli and Maddie Araujo, CNN It’s a somber Thursday morning at TOLOnews, Afghanistan’s leading…
Continue ReadingFemale Afghan TV journalists describe a ‘psychological prison’ amid Taliban order to cover their faces on air
By Christiane Amanpour, Jo Shelley, Ahmet Mengli and Maddie Araujo, CNN It’s a somber Thursday morning at TOLOnews, Afghanistan’s leading…
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NHTSA investigates Tesla crash that killed three
By Matt McFarland, CNN Business The National Highway Traffic Safety Administration said Wednesday that it is investigating a Tesla crash in Newport…
Continue Reading NHTSA investigates Tesla crash that killed three
By Matt McFarland, CNN Business The National Highway Traffic Safety Administration said Wednesday that it is investigating a Tesla crash in Newport…
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The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an empty…
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Ford advising 39,000 Expedition and Navigator owners to park outside due to fire risk
By Peter Valdes-Dapena, CNN Business Ford is advising the owners of 39,013 Ford Expedition and Lincoln Navigator SUVs to park their vehicles outdoors…
Continue Reading The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an empty…
Continue Reading The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an empty…
Continue Reading The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an empty…
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Plunging stocks, recession fears. Here’s how to protect your money
By Jeanne Sahadi, CNN Business When it comes to fraying nerves, this spring is really outperforming. Stocks are now in bear market territory.…
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Rents in the US just hit another record high
By Anna Bahney, CNN Business Rents in the US climbed to a new record high again in April, and they are expected to keep rising. The national median…
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Retailers just sounded an alarm on inflation. It’s worth heeding
By Julia Horowitz, CNN Business Shares of retailers were pummeled on Wednesday as investors dug through the latest earnings results from Target and…
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First on CNN: Sean Connery’s own classic Aston Martin is for sale
By Peter Valdes-Dapena, CNN Business James Bond, the fictional British secret agent, has driven lots of different cars in the more than two dozen…
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Taco Bell’s Mexican Pizza finally returns to menus
By Jordan Valinsky, CNN Business Taco Bell’s highly anticipated Mexican Pizza finally returns to menus Thursday following a roughly two-year…
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US home sales fell again in April as prices hit another record high
By Anna Bahney, CNN Business Home sales fell for the third consecutive month in April as rising mortgage rates and affordability challenges pushed…
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Mortgage rates ticked lower, but are still well above 5%
By Anna Bahney, CNN Business Mortgage rates fell slightly last week, but purchasing a home still remains difficult for many prospective buyers. The…
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