CNN-Business-Consumer Archives

Elon Musk just sold $5 billion worth of Tesla stock

November 10, 2021 8:06 PM CNN Newsource

By Chris Isidore and Jill Disis, CNN Business Elon Musk sold roughly $5 billion worth of Tesla shares this week — his first such sale since 2016…

Disney+’s slow growth is worrying Wall Street

November 10, 2021 2:17 PM CNN Newsource

By Frank Pallotta, CNN Business Disney’s streaming service continues to grow — just not as strong as investors on Wall Street were hoping.…

Here’s why groceries keep getting more expensive

November 10, 2021 2:11 PM CNN Newsource

By Nathaniel Meyersohn, CNN Business You’ve probably realized that shopping for food and household basics is more expensive these days. Expect…

Credit card interest rates are near all-time highs. Here’s how to tackle your debt

November 10, 2021 1:14 PM CNN Newsource

By Anna Bahney, CNN Business Credit card interest rates have moved swiftly higher this year, significantly increasing the cost burden on those who…

78% of US markets hit with double-digit home price increases

November 10, 2021 11:56 AM CNN Newsource

By Anna Bahney, CNN Business The median price of single-family existing homes rose in nearly all — 99% — of the 183 markets tracked by…

Move over, bitcoin. Ether is back and nipping at your heels

November 10, 2021 11:10 AM CNN Newsource

By Paul R. La Monica, CNN Business Bitcoin has rocketed to an all-time high of nearly $70,000. But investors are even more excited about ethereum,…

Newsmax reporter permanently banned from Twitter for posting Covid misinformation

November 10, 2021 8:42 AM CNN Newsource

By Jordan Valinsky, CNN Business Twitter has permanently suspended Newsmax White House correspondent Emerald Robinson for repeatedly posting blatant…

Mariah Carey is giving away free McDonald’s during the holidays

November 10, 2021 8:02 AM CNN Newsource

By Jordan Valinsky, CNN Business Mariah Carey, the queen of Christmas, is partnering with McDonald’s and giving her fans one of the best gifts…

The RealReal CEO: Fashion is polluting our planet. We need regulation to make it stop

November 10, 2021 7:49 AM CNN Newsource

Opinion by Julie Wainwright for CNN Business Perspectives It’s a well-kept secret that fashion is one of the dirtiest industries out there,…

This new ETF is betting against Cathie Wood and Ark

November 10, 2021 7:39 AM CNN Newsource

By Paul R. La Monica, CNN Business Fund manager Cathie Wood has attracted a large group of loyal investors who watch her every move. But a brand new…

Higher gas prices and heating costs will hurt low-income families the most this winter

November 10, 2021 6:34 AM CNN Newsource

Opinion by Mark Wolfe for CNN Business Perspectives Last month, several senators called on the Biden administration to take action to lower energy…

Rivian is America’s biggest IPO since Facebook

November 10, 2021 6:12 AM CNN Newsource

By Julia Horowitz, CNN Business Rivian, the electric vehicle maker backed by Amazon and Ford, made its Wall Street debut on Wednesday, surrounded by…

Top automakers won’t commit to selling only zero-emission cars by 2040

November 10, 2021 5:34 AM CNN Newsource

By Walé Azeez, CNN Business The biggest players in the automotive industry are refusing to back a commitment to sell only zero-emissions cars and…

CNN Poll: Three out of four adults think Facebook is making society worse

November 10, 2021 4:06 AM CNN Newsource

By Ariel Edwards-Levy and Jennifer Agiesta, CNN Roughly three-quarters of adults believe Facebook is making American society worse, a new CNN poll…

American journalist Danny Fenster could face life in prison in Myanmar

November 10, 2021 2:22 AM CNN Newsource

By Helen Regan and Cape Diamond, CNN American journalist Danny Fenster has been hit with new criminal charges in Myanmar that carry a maximum…

China has a big inflation problem and it’s pushing up prices worldwide

November 10, 2021 1:30 AM CNN Newsource

By Laura He, CNN Business China’s inflation headache is getting worse. The cost of goods leaving China’s factories surged by another…

Toxic foam coats sacred river in India as Hindu devotees bathe in its waters

November 10, 2021 12:40 AM CNN Newsource

By Rhea Mogul and Esha Mitra, CNN A layer of toxic foam coated parts of a sacred river near India’s capital on Wednesday as Hindus gathered on…

As Brian Williams exits MSNBC, network brass have an intensifying talent problem

November 9, 2021 9:11 PM CNN Newsource

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

Anchor Brian Williams is leaving MSNBC and NBC News

November 9, 2021 6:20 PM CNN Newsource

By Brian Stelter, CNN Business Anchorman Brian Williams, a 28-year veteran of NBC News and MSNBC, said Tuesday that he is leaving the company at the…

Meghan says her push for paid leave isn’t political — it’s a humanitarian issue

November 9, 2021 5:12 PM CNN Newsource

By Allison Morrow, CNN Business Editor’s note: Sign up for Royal News, a new weekly newsletter from CNN bringing you the inside track on the…

Oklahoma Supreme Court reverses court decision to have Johnson & Johnson pay $465M to state for its role in opioid crisis

November 9, 2021 3:35 PM CNN Newsource

by Sonia Moghe, CNN Oklahoma Supreme Court justices have reversed a district court decision that ordered Johnson & Johnson to pay $465 million…

Exclusive: Even hot dogs, burgers and deli meats will soon get more expensive

November 9, 2021 3:22 PM CNN Newsource

By Nathaniel Meyersohn, CNN Business Shoppers are already taking a hit at the grocery store. Soon, even their cheapest meat options will get more…

Kmart is closing its last Michigan store; will have only a handful of US locations by year’s end

November 9, 2021 1:58 PM CNN Newsource

By Chris Isidore, CNN Business Kmart is shuttering its last-remaining store in Michigan, the state where the once-proud retail chain launched in…

Out-of-stock problems for online shopping are getting worse

November 9, 2021 1:56 PM CNN Newsource

By Parija Kavilanz, CNN Business If you’ve already started your online holiday shopping this year, you may be seeing a lot more of those three…

Howard Schultz tells a story about the Holocaust to tout Starbucks’ benefits

November 9, 2021 12:21 PM CNN Newsource

By Jordan Valinsky, CNN Business Former Starbucks CEO Howard Schultz told a story about the Holocaust to promote the company’s benefits to a…

If you use Venmo, PayPal or other payment apps this tax rule change may affect you

November 9, 2021 11:56 AM CNN Newsource

By Jeanne Sahadi, CNN Business If you’re among the millions of people who use payment apps like PayPal, Venmo, Square, and other third-party…

Nearly 80% of Americans have been exposed to Covid misinfo, and many don’t know what to believe, survey says

November 9, 2021 10:44 AM CNN Newsource

By Brian Stelter and Virginia Langmaid, CNN Business The information landscape about Covid-19 is bewildering, with factual and fictional claims…

Whistleblower gets record $24 million for exposing Hyundai and Kia’s safety lapses

November 9, 2021 9:14 AM CNN Newsource

By Reuters The US auto safety regulator announced on Tuesday its first-ever reward to a whistleblower, handing out more than $24 million to a former…

Elon Musk doesn’t get paid, buy stuff or pay taxes like you do

November 9, 2021 9:10 AM CNN Newsource

By Allison Morrow, CNN Business The world’s wealthiest people have unfathomable riches. But there’s a huge difference between wealth and…

Americans have never been in so much debt

November 9, 2021 9:00 AM CNN Newsource

By Anneken Tappe, CNN Business American households are carrying record amounts of debt as home and auto prices surge, Covid infections continue to…