Is the global recovery at risk?
By Julia Horowitz, CNN Business Supply chain bottlenecks are weighing on economic growth in Europe. The same problem is hitting China as it battles…
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Evergrande has made a key bond payment that keeps it out of default, Chinese state media reports
By Michelle Toh, CNN Business Evergrande has made a crucial payment that allows it to stay out of default, at least for now, according to Chinese…
Continue Reading The climate crisis is an ’emerging threat’ to financial stability, US regulators say
By Alexis Benveniste, CNN Business The Financial Stability Oversight Council released a report on climate change Thursday, outlining the danger that…
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After a pair of scandals, Fed bans officials from buying stocks
By Matt Egan, CNN Business The Federal Reserve announced new trading rules on Thursday following a controversy over trades made by senior officials.…
Continue Reading Elizabeth Warren calls for the Fed to release March 2020 ethics warning
by Matt Egan, CNN Business Senator Elizabeth Warren urged the Federal Reserve on Thursday to release a March 2020 ethics warning provided to Fed…
Continue Reading Home sales rebound while prices continue to climb
By Anna Bahney, CNN Business After the housing market finally started cooling off a bit over the summer, sales rebounded in September. The tight…
Continue Reading Joe Biden’s Fed conundrum: Stick with Jerome Powell or let him go?
By Paul R. La Monica, CNN Business President Joe Biden faces a number of economic concerns, from supply chain disruptions to inflation. But the White…
Continue Reading Trump is going public by taking advantage of Wall Street’s blank-check boom
By Matt Egan, CNN Business Former President Donald Trump is planning a return to Wall Street. Trump, whose companies have a long history of filing…
Continue Reading Buying a home or refinancing? A 30-year mortgage may not be your best option
By Jeanne Sahadi, CNN Business If you’re thinking of buying a home or refinancing one, a big question will be whether to get a 30-year mortgage…
Continue Reading Tesla’s ‘full self-driving’ rolls back its privacy protection of trip videos
By Matt McFarland, CNN Business Tesla owners can buy the company’s “full self-driving” software for $10,000, but they may have to…
Continue Reading How the maker of Cheerios and Häagen-Dazs copes with hundreds of supply chain snafus a month
By Danielle Wiener-Bronner, CNN Business The global supply chain is struggling under the weight of a series of disruptions, including a shortage of…
Continue Reading WeWork is finally going public. A lot has changed
By Julia Horowitz, CNN Business When WeWork’s plans for a blockbuster initial public offering imploded in 2019, the company became a poster…
Continue Reading Southwest’s service meltdown cost it $75 million
By Chris Isidore, CNN Business Southwest Airlines says that its recent service problems, which prompted it to cancel more than 2,000 flights over a…
Continue Reading Spanx, the shapewear brand, valued at $1.2 billion in Blackstone deal
By Rob McLean and Jill Disis, CNN Business Spanx, one of America’s most prominent shapewear companies, is now worth $1.2 billion after inking a…
Continue Reading The company behind Dove and Ben & Jerry’s is hiking prices
By Hanna Ziady, CNN Business Unilever is hiking prices to cope with soaring supply chain costs and expects inflation to accelerate into next year.…
Continue Reading Evergrande says a $2.6 billion deal has collapsed as payment deadline looms
By Michelle Toh, CNN Business A fire-sale deal that would have eased a punishing cash crunch at Chinese real estate giant Evergrande has collapsed,…
Continue Reading India delivers 1 billion Covid vaccines, but millions are yet to receive a single dose
By Rhea Mogul and Esha Mitra, CNN India has administered more than 1 billion Covid-19 vaccine doses, a remarkable feat just months after a second…
Continue Reading New Zealand and the United Kingdom reach free trade deal
Robert Iddiols and Charles Riley, CNN Business The United Kingdom and New Zealand have struck a free trade agreement that will reduce tariffs on…
Continue Reading Tesla shakes off supply chain issues to post record profit, again
By Chris Isidore, CNN Business Tesla reported record earnings that blew past Wall Street forecasts, as the company was able to shake off the effects…
Continue Reading The Ford Mustang Mach-E GT amps up the power in the company’s electric lineup
By Peter Valdes-Dapena, CNN Business For a lot of people there is one real Ford Mustang. It’s the Ford Mustang GT coupe with the big 5.0-liter…
Continue Reading Hacking tool linked with Russian crime ring used in Sinclair ransomware attack, analysts say
By Sean Lyngaas, CNN Business The hacking tool used in a ransomware attack that disrupted programming at Sinclair Broadcast Group is similar to…
Continue Reading New executive order aims to alleviate congestion at California’s ports
By Vanessa Yurkevich, CNN Business To alleviate cargo congestion at shipping ports in California, Governor Gavin Newsom issued an executive order…
Continue Reading Online shopping bummer: Out-of-stock products surged 172% from pre-pandemic levels
By Parija Kavilanz, CNN Business If you were shopping online in the late summer, chances are you may have been hit with an unfortunate message: The…
Continue Reading Supply chain stress is intensifying and showing no signs of fading, Moody’s Analytics says
By Matt Egan, CNN Business From port congestion and price spikes to widespread shortages, stress in US supply chains is intensifying and could slow…
Continue Reading How Verizon became the Dow’s worst stock
By Paul R. La Monica, CNN Business Verizon reported earnings that topped forecasts Wednesday morning and issued a more upbeat outlook for 2022.…
Continue Reading Bitcoin surges to new record above $66,000
By Paul R. La Monica, CNN Business The bitcoin bull market is showing no signs of slowing down. Bitcoin, the world’s most valuable…
Continue Reading Everything you’re waiting for is in these containers
By Chris Isidore, CNN Business Virtually every US home contains items that came through the ports of Los Angeles or Long Beach. The neighboring…
Continue Reading White House explores deploying the National Guard to ease supply chain crisis but is unlikely to use this option
By Matt Egan, CNN Business Facing a mounting supply chain crisis, the White House is exploring whether to deploy the National Guard to ease…
Continue Reading This is the secret to dealing with inflation
By Julia Horowitz, CNN Business Procter & Gamble, the consumer goods giant that makes Pampers diapers, Crest toothpaste and Tide detergent, says…
Continue Reading Netflix co-CEO on Dave Chappelle fallout: I screwed up
By Jordan Valinsky, CNN Business Netflix co-CEO Ted Sarandos has some regrets about how he handled Dave Chappelle’s stand-up special, even…
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