CNN-Business-Consumer

By Julia Horowitz, CNN Business This year, cryptocurrencies have been up. They’ve been down. But they never seem to be entirely out. What’s happening: Hype around bitcoin is building again, with a financial tool that could boost public exposure to the digital currency poised to make its debut this week. After plunging this spring, bitcoin

By Rob McLean and Chris Isidore, CNN Business The auto industry continues its rush to build factories for production of the massive batteries needed to power electric vehicles. Automaker Stellantis, formed by last year’s merger of Fiat Chrysler and French automaker PSA Group, and South Korean battery maker LG Energy Solution announced Monday they are

By Ed Scott-Clarke and Max Burnell, CNN Business Companies and people who want to cancel out the impact of their emissions on the climate often turn to something called carbon offsetting. So what is that, exactly? The idea is that any carbon emitting process, from a long-haul flight to electricity generation, can be offset by

By Rhea Mogul, Swati Gupta and Manveena Suri, CNN At least 27 people have been killed after heavy rain triggered floods and landslides in southern India. Torrential rain has battered the coastal state of Kerala since Friday, causing rivers to swell and flooding roads that left vehicles submerged in muddy waters, with some houses reduced

By Laura He, CNN Business China’s GDP is growing at the slowest pace in a year as a massive energy crunch, shipping disruptions and a deepening property crisis take their toll on the world’s second largest economy. The economy expanded by just 4.9% in the third quarter, compared with the same period a year earlier.

By Ramishah Maruf, CNN Business The media treats some aspects of the first amendment — such as press freedom — as sacred. But when it comes to other crucial protections, including free and fair elections and other basic tenets of democracy, there tends to be a “sliding scale.” On “Reliable Sources” Sunday, CNN’s chief media

By Brian Stelter, CNN Business Bari Weiss says her publication on Substack, Common Sense, is meant to be “the newspaper for the 21st century, ultimately. I’m starting it out as the op-ed page that I want to read.” One year after quitting The New York Times, Weiss has not drifted off into obscurity, as detractors

By Frank Pallotta, CNN Business Michael Myers made a killing at the box office, even though he was also streaming. Universal Pictures’ “Halloween Kills” — the latest installment in the long running franchise — brought in an estimated $50.3 million at the North American box office this weekend. That number exceeded industry expectations, which had

By Alicia Wallace, CNN Business Pork, much like everything else these days, has gotten more expensive due in part to the supply chain issues and inflationary pressures spurred by the pandemic. And now comes another wildcard: The pork industry’s ability — and desire — to adapt to a new animal welfare law in California, its

By Paul R. La Monica, CNN Business For much of this year, Netflix shares have trailed big tech rivals Facebook, Apple and Amazon. That’s no longer the case, in part because of the global mega-hit “Squid Game.” Netflix’s stock was in the red for 2021 as recently as August. Investors worried it may have lost

By Frank Pallotta, CNN Business The NFL had a rough week, and “Saturday Night Live” made sure to tackle it on this weekend’s episode. The NBC variety show kicked off with a cold open that covered the scandal around former Las Vegas Raiders head coach Jon Gruden, who resigned Monday after reports emerged of him

Opinion by Chuck Collins for CNN Business Perspectives The revelations from the Pandora Papers have rocked the world. They showed that wealthy celebrities, political figures, billionaires and heads of state around the globe are sheltering assets in offshore tax havens, including here in the United States. As with the Panama Papers that were released five

By Paul R. La Monica, CNN Business Bitcoin prices continued their October surge on Friday, topping $60,000 on hopes that the Securities and Exchange Commission will soon approve a bitcoin futures exchange-traded fund. Cryptocurrency investors were excited by a tweet from the verified account of the SEC’s Office of Investor Education and Advocacy late Thursday

By Julia Horowitz, CNN Business The biggest US banks move trillions of dollars around the world every day. That gives them a unique lens on how the economy is functioning, both in the United States and globally. And despite concerns about inflation, workers quitting, supply chain issues and slowing growth, bank executives just delivered a

By Charles Riley, CNN Business William Shatner is firing a rhetorical rocket back at Prince William after the future king criticized space tourism. Shatner, who blasted into space earlier this week on one of Amazon founder Jeff Bezos’ rockets, said the British royal has “got the wrong idea” by saying that solving problems on Earth

By Chris Isidore, CNN Business A federal grand jury has indicted a former key executive of Boeing for fraud, alleging he deceived the Federal Aviation Administration while it was first certifying the 737 Max jet that would go on to have two fatal crashes caused by design flaws. The charges are the first criminal charges