CNN-Business-Consumer Archives

Why Joe Biden can’t do much to ease gas prices

November 9, 2021 6:16 AM CNN Newsource

By Julia Horowitz, CNN Business US President Joe Biden faces growing pressure to intervene in oil markets as Americans pay higher prices at the pump.…

There is no fear on Wall Street. Only greed

November 9, 2021 5:47 AM CNN Newsource

By Paul R. La Monica, CNN Business The current mood on Wall Street can only be described in one way: euphoric. All the major stock market indexes are…

Kyiv Post suspends publication after 26 years. Staffers decry ‘act of vengeance’

November 9, 2021 5:37 AM CNN Newsource

By Radina Gigova, CNN Ukraine’s English-language newspaper, the Kyiv Post, has suspended publication after 26 years. Adnan Kivan, the publisher…

GE is splitting into three companies

November 9, 2021 5:03 AM CNN Newsource

By Paul R. La Monica and Chris Isidore, CNN Business General Electric, the industrial conglomerate founded by Thomas Edison in 1892, is breaking up.…

Fed warns China’s property problems could hurt global markets and the US economy

November 9, 2021 2:51 AM CNN Newsource

By Michelle Toh, CNN Business Troubles in China’s vast real estate sector could spill over to the global economy — including the United…

Senate Democrats urge Biden to consider tapping emergency oil reserves or even ban oil exports to fight high gas prices

November 8, 2021 7:30 PM CNN Newsource

By Matt Egan, CNN Business Nearly a dozen Senate Democrats called on President Joe Biden on Monday to fight high gas prices by considering a release…

Bitcoin and Ethereum prices jump to new records

November 8, 2021 5:33 PM CNN Newsource

By Rob McLean, CNN Business Two cryptocurrencies have hit new milestones. Bitcoin hit an all-time high of $68,530.34 early Tuesday, according to…

We asked, you answered: The best financial advice you ever got

November 8, 2021 4:22 PM CNN Newsource

By Jeanne Sahadi, CNN Business Maybe you have a natural affinity for making and managing money. Or maybe you’re just trying not to make a hash…

New Heinz Marz Edition ketchup has implications that go far beyond flavor

November 8, 2021 2:38 PM CNN Newsource

By Sherry Liang, CNN First came the billionaires, then the movie stars — now ketchup is making its mark on the space race. Heinz revealed its…

America’s women are still on the sidelines, even as the jobs recovery picks up steam

November 8, 2021 2:01 PM CNN Newsource

By Anneken Tappe, CNN Business The US jobs recovery finally picked up steam again in October, but not everyone is benefiting: Many women who were…

Taxes, not Twitter, are the real reason Elon Musk might sell some Tesla shares

November 8, 2021 1:08 PM CNN Newsource

By Chris Isidore, CNN Business If and when Elon Musk sells a large chunk of his Tesla shares, it’ll probably have relatively little to do with…

Do you have what it takes to become a landlord? Answer these 4 questions.

November 8, 2021 12:24 PM CNN Newsource

By Jeanne Sahadi, CNN Business The idea of making money on the side from owning a rental property can be very appealing, especially if you view the…

BP won’t quit controversial US oil lobby. Its CEO explains why

November 8, 2021 11:01 AM CNN Newsource

By Julia Horowitz, CNN Business French oil giant Total made waves early this year when it broke with the American Petroleum Institute, the largest…

Short squeezes are pushing these stocks to the moon

November 8, 2021 10:41 AM CNN Newsource

By Paul R. La Monica, CNN Business The individual investor army on Reddit that helped push GameStop and AMC to unprecedented heights earlier this…

Prices are skyrocketing. Goldman Sachs says prices will go even higher

November 8, 2021 10:40 AM CNN Newsource

By Matt Egan, CNN Business Sticker shock is causing anxiety for millions of Americans right now, with prices soaring for gasoline, groceries and used…

Key Fed official Randal Quarles plans to resign, creating another vacancy for Biden to fill

November 8, 2021 10:07 AM CNN Newsource

By Matt Egan, CNN Business Randal Quarles, previously the top Federal Reserve official overseeing Wall Street, announced plans Monday to resign in…

Katz’s Deli, Carbone and others are delivering nationwide through DoorDash

November 8, 2021 9:57 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business DoorDash customers can now get national shipping from Carbone, Katz’s Deli and other restaurants…

These companies will buy your home instantly. Here’s what that means for a red-hot real estate market

November 8, 2021 9:04 AM CNN Newsource

By Anna Bahney, CNN Business Cosmos and Charisma Onyeyiri weren’t looking to sell their home. But skyrocketing home prices in Austin this…

Astroworld promoter Live Nation has a history of safety violations

November 8, 2021 8:17 AM CNN Newsource

By Jordan Valinsky, CNN Business Live Nation Entertainment, the concert promoter that organized the tragic Astroworld Festival, has been cited about…

China is tightening its grip on outspoken CEOs. That’s bad news for entrepreneurs

November 8, 2021 7:50 AM CNN Newsource

Opinion by Sonja Opper for CNN Business Perspectives Over the last 12 months, China’s government has engaged in an unprecedented regulatory…

Airline stocks soared ahead of eased US travel restrictions

November 8, 2021 6:14 AM CNN Newsource

By Julia Horowitz, CNN Business The United States has officially flung open its doors to vaccinated international travelers. For companies in the…

Aaron Rodgers’ State Farm commercials are disappearing from your TV

November 8, 2021 6:13 AM CNN Newsource

By Jordan Valinsky, CNN Business Aaron Rodgers has been prominently featured in State Farm’s television ads for about a decade. This past…

Tesla shares slide after Elon Musk asks Twitter if he should sell

November 8, 2021 5:46 AM CNN Newsource

By Walé Azeez, CNN Business More than $30 billion was wiped off Tesla’s market value on Monday after millions of Elon Musk’s Twitter…

China’s tech crackdown hit SoftBank like a ‘big winter snowstorm’

November 8, 2021 4:15 AM CNN Newsource

By Diksha Madhok, CNN Business SoftBank is stuck in a “big winter snowstorm,” founder and CEO Masayoshi Son said Monday, after a sweeping…

China’s economy is getting a boost from exports but it’s not in the clear yet

November 8, 2021 2:29 AM CNN Newsource

By Laura He, CNN Business The holiday shopping season is boosting China’s trade at a time when the country needs it most. But that…

‘SNL,’ often lamented by critics, draws rave reviews thanks to Cecily Strong

November 7, 2021 8:26 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…

How the media mistakes a slogan for a story

November 7, 2021 1:58 PM CNN Newsource

By Ramishah Maruf, CNN Business Infrastructure week is a “cheeky” slogan, but the real story is what the infrastructure funding in the…

Elon Musk asked Twitter if he should sell some of his Tesla stock. Here’s what the Twitterverse said

November 7, 2021 1:09 PM CNN Newsource

By Ramishah Maruf, CNN Business The Twitterverse has spoken. Elon Musk tweeted Saturday that he would let Twitter users decide if he should sell 10%…

‘Eternals’ opens with $71 million at the box office despite flat reviews

November 7, 2021 11:35 AM CNN Newsource

By Ramishah Maruf, CNN Business Marvel’s “Eternals” opened with a $71 million domestic box office launch this weekend, Disney…

The race to $3 trillion: Big Tech keeps getting bigger

November 7, 2021 6:50 AM CNN Newsource

By Paul R. La Monica, CNN Business The trillion-dollar market cap club is starting to get crowded. Microsoft is now worth a smidge more than Apple,…