Bank of England hikes interest rates to tackle rising prices
By Charles Riley, CNN Business The Bank of England is hiking interest rates in an effort to fight surging prices even as the Omicron variant engulfs…
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Exclusive: ‘Cyber is the most dangerous weapon in the world,’ JPMorgan council warns
By Matt Egan, CNN Business Business leaders and former policymakers are sounding the cyber alarm. The JPMorgan International Council on Thursday…
Continue Reading In a blow to Boeing, Qantas picks Airbus for its domestic fleet
By Diksha Madhok, CNN Business Australia’s Qantas is choosing Airbus over Boeing to replace its domestic fleet. The decision is a big blow to…
Continue Reading Top editor at nationalist Chinese state tabloid retires
By Jill Disis and Nectar Gan, CNN Business The longtime editor of one of China’s most outspoken and nationalistic state media outlets says…
Continue Reading News coverage conveys creeping anxiety amid Delta surge, Omicron uncertainty
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Reddit files confidentially for an IPO
By Rob McLean, CNN Business Reddit announced Wednesday that it has confidentially filed paperwork in its first big step toward an initial public…
Continue Reading Government reforms training at sea program after alleged rape of 19-year-old student
By Blake Ellis, CNN The federal government plans to begin sending students at the US Merchant Marine Academy back to sea later this month, resuming a…
Continue Reading South Korea’s largest dairy company apologizes over a video advert implying women are cows
By Yoonjung Seo and Amy Woodyatt, CNN Business South Korea’s largest dairy company, Seoul Milk, has apologized after releasing a controversial…
Continue Reading Two major airline CEOs question the need for masks on planes
By Chris Isidore, CNN Business The CEOs of two of the nation’s major airlines say they don’t think wearing masks on planes does much to…
Continue Reading The Fed hints at multiple rate hikes in 2022 to combat inflation
By Anneken Tappe, CNN Business America’s inflation spikes have prompted the Federal Reserve to pick up the pace in normalizing its pandemic-era…
Continue Reading Wall Street has fallen in love with bowling
By Paul R. La Monica, CNN Business “Bowling for Dollars” was a popular 1970s game show. The company that owns the Professional Bowlers…
Continue Reading Dollar General is putting workers’ safety at risk, Labor Department says
By Nathaniel Meyersohn, CNN Business The Labor Department sharply criticized Dollar General’s “troubled history” on worker safety,…
Continue Reading Elon Musk calls Elizabeth Warren ‘Senator Karen’ in fight over taxes
By Chris Isidore, CNN Business Senator Elizabeth Warren and Tesla CEO Elon Musk are in the middle of a full-scale Twitter war. Warren called the…
Continue Reading Holiday shopping gets off to a disappointingly sluggish start
By Anneken Tappe and Nathaniel Meyersohn, CNN Business Americans dialed back their spending in November, new data from the Census Bureau showed…
Continue Reading Is the Federal Reserve blowing its best chance to fight inflation?
By Julia Horowitz, CNN Business The Federal Reserve, faced with the highest jump in inflation in almost four decades, is preparing to pivot.…
Continue Reading How millions of jobless Americans can afford to ditch work
By Allison Morrow and Anneken Tappe, CNN Business One of the more insidious myths this year was that young people didn’t want to work because…
Continue Reading The Fed’s huge challenge: Taming inflation, without starting a recession
By Matt Egan, CNN Business President Joe Biden is taking the political punches for high inflation. But price stability is the responsibility of the…
Continue Reading Kraft will pay you $20 not to make cheesecake for Christmas
By Danielle Wiener-Bronner, CNN Business Kraft is using its cream cheese shortage as a marketing opportunity. For just a few days this holiday…
Continue Reading Britain’s nightmare economy of the 1970s may be making a comeback
By Charles Riley, CNN Business Talk of stagflation has been brewing for months. Now that toxic combination of stagnant economic growth and high…
Continue Reading China was already facing an economic slowdown in 2022. Now here comes Omicron
By Laura He, CNN Business China’s economy is still struggling with real estate woes and fallout from sporadic Covid-19 lockdowns. Throw the…
Continue Reading Sole survivor of India helicopter crash dies in hospital after almost a week on life support
By Rhea Mogul and Vedika Sud, CNN The only survivor of a helicopter crash that killed India’s top military official has died from his injuries…
Continue Reading Surprise! Holiday packages are moving on time
By Chris Isidore, CNN Business Here’s a rare piece of holiday cheer in a year of screwed up supply chains: Shipments and deliveries are…
Continue Reading Harley-Davidson is spinning off its electric motorcycle brand
By Peter Valdes-Dapena, CNN Business Harley-Davidson’s electric motorcycle brand, LiveWire, will be spun off as a separate publicly traded…
Continue Reading Omicron and Delta be damned: Americans won’t stop flying
Opinion by Khalid Usman, Bruce Hamory and Andrew Buchanan for CNN Business Perspectives Parts of the world may be facing new restrictions amid rising…
Continue Reading Rising grocery prices force customers to buy less, change brands and switch stores
By Nathaniel Meyersohn, CNN Business Morgan Moore’s grocery bills are sky-high. So she has started to stay away from name brands and buy more…
Continue Reading ‘This is weird and murky.’ Trump SPAC deal values firm at more than $10 billion despite red flags
By Matt Egan, CNN Business Former President Donald Trump’s new media venture has no known revenue or product. Trump Media & Technology…
Continue Reading A key inflation measure just hit its highest level on record
By Anneken Tappe, CNN Business A key inflation gauge showed that US prices continued to climb in November as pandemic-era supply chain chaos and a…
Continue Reading The travel industry is getting hit again. Can it take it?
By Julia Horowitz, CNN Business The Omicron variant of the coronavirus is spreading fast. But even as scientists urge patience while they assess the…
Continue Reading ‘Boost everybody.’ CEOs should mandate boosters before returning office workers, Andy Slavitt says
By Matt Egan, CNN Business The Omicron coronavirus variant will cause a “winter wave” that will complicate the return of workers to…
Continue Reading Toyota is spending $35 billion on electric cars to close gap on rivals
By Michelle Toh, CNN Business Toyota is pumping more than $35 billion into electric vehicles as it tries to catch up with other global automakers in…
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