The electric Pininfarina Battista costs a whopping $2 million. Here’s what that gets you
By Peter Valdes-Dapena, CNN Business The Pininfarina Battista is an astonishing car. Its base price, $2.2 million, is shocking, but so are its…
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Many employers will soon have to advertise salary thanks to two new laws
By Jeanne Sahadi, CNN Business Next week, job seekers will start to get a much better grasp on what many employers are willing to pay — and so…
Continue Reading Brits are stocking up on air fryers and electric blankets as energy bills skyrocket
By Anna Cooban, CNN Business Shoppers in the United Kingdom are snapping up energy-saving air fryers, electric blankets and slow cookers this winter…
Continue Reading Employers kept hiking workers’ wages last quarter, but they did not keep up with inflation
By Tami Luhby, CNN Employers continued hiking wages to attract workers and hold on to existing staff during the third quarter. But the raises did not…
Continue Reading After brands dump Kanye West, many people ask: What took so long?
By Danielle Wiener-Bronner, CNN Business Earlier this week Adidas ended its partnership with rapper and fashion designer Ye (who previously went by…
Continue Reading Dow surges more than 800 points on the back of record oil profits
By Paul R. La Monica, CNN Business Stocks rallied heading into the weekend, despite lousy results from Amazon. Solid earnings from Apple and record…
Continue Reading Inflation data shows US prices were still uncomfortably high last month
By Alicia Wallace, CNN Business A new batch of inflation data released Friday showed that while prices remained uncomfortably high in September, a…
Continue Reading ExxonMobil posts another record profit as oil prices remain high
By Chris Isidore, CNN Business America’s largest oil company ExxonMobil set a profit record for the second-straight quarter as oil and gas…
Continue Reading The Fed is killing the housing market
By Nicole Goodkind, CNN Business The US economy grew by a 2.6% adjusted annual rate in the third-quarter, bouncing back from two negative quarters…
Continue Reading 300 business groups call on Biden to intervene in rail unions contract vote
By Vanessa Yurkevich, CNN Three hundred business groups are calling on President Joe Biden to intervene in the ratification of the national tentative…
Continue Reading Ford’s beloved little Fiesta is going away, at least for now
By Peter Valdes-Dapena, CNN Business The Ford Fiesta, a hugely popular little hatchback in much of the world, will soon no longer appear in…
Continue Reading As prices soar, consumers turn to McDonald’s
By Danielle Wiener-Bronner, CNN Business Inflation is relentlessly high and food prices in particular are soaring. In this environment, customers are…
Continue Reading New York Post says ‘vile and reprehensible’ tweets result of rogue employee
By Oliver Darcy, CNN Business The New York Post said that a series of vulgar and racist tweets and headlines published Thursday morning were the…
Continue Reading Fetterman slams Big Oil for surging profits and failure to invest in new supply
By Matt Egan Democrat John Fetterman scolded the oil industry on Thursday for reaping massive profits and argued companies are rewarding shareholders…
Continue Reading A guaranteed way to beat inflation temporarily crashed a Treasury website
By Jeanne Sahadi, CNN Business The demand to buy US Series I savings bonds this week has been so great that it temporarily crashed the Treasury web…
Continue Reading Don’t expect the bounce-back in the US economy to quiet recession calls
By Christine Romans, CNN Business Don’t expect the bounce-back in the US economy in the third quarter to quiet the chorus of recession calls.…
Continue Reading Mortgage rates top 7% for the first time since 2002
By Anna Bahney, CNN Business Mortgage rates rose again this week, topping 7% for the first time since 2002. The 30-year fixed-rate mortgage averaged…
Continue Reading Rivian owners can’t help but gush about their trucks, flaws and all
By Matt McFarland, CNN Business Denis Wang says he always hated the car-buying process — until he met Rivian. Buying the automaker’s R1T…
Continue Reading The US economy bounced back last quarter after shrinking in the first half of the year
By Alicia Wallace, CNN Business The US economy grew last quarter, bouncing back after shrinking in the first half of the year — but there are…
Continue Reading European Central Bank raises rates by three quarters of a point and promises more to come
By Hanna Ziady, CNN Business The European Central Bank hiked interest rates by three quarters of a percentage point on Thursday, promising further…
Continue Reading Miss USA program under investigation after contestants claim pageant was rigged
By Amanda Musa and Jennifer Henderson, CNN The Miss Universe Organization has suspended Miss USA President Crystle Stewart and her company, Miss…
Continue Reading Peloton tells members it will no longer use Kanye West’s music in new classes
By Jordan Valinsky, CNN Business Peloton has “indefinitely paused” playing Kanye West’s music from its streaming workout classes.…
Continue Reading First on CNN: Senate Democrat warns Fed it’s ‘foolish’ to keep lifting interest rates
By Matt Egan, CNN Business Colorado Sen. John Hickenlooper is pleading with the Federal Reserve to pause its relentless attack on crushing inflation…
Continue Reading Prince Harry’s long-awaited memoir, ‘Spare,’ set for January release
By Rob Picheta, Lauren Said-Moorhouse, Max Foster and Lauren Kent, CNN Prince Harry’s highly anticipated memoir will be entitled…
Continue Reading The peak in global fossil fuel emissions is just around the corner
By Anna Cooban, CNN Business Global fossil fuel emissions are expected to peak in 2025 as countries commit huge sums of money toward low-carbon…
Continue Reading Big Tech can’t save your investments
By Nicole Goodkind, CNN Business Tech stocks are taking a beating this week as they prove less resilient to the economic downturn than investors had…
Continue Reading Shell announces $4 billion share buyback as profits double
By Hanna Ziady, CNN Business Shell will buy back $4 billion worth of shares and increase its dividend by 15% after posting another gigantic quarterly…
Continue Reading Credit Suisse announces ‘radical’ restructuring with Saudi backing
By Julia Horowitz, CNN Business Credit Suisse will raise $4 billion to step back from Wall Street and double down on managing the finances of the…
Continue Reading Thai tycoon and transgender rights advocate buys Miss Universe for $20 million
By Jessie Yeung and Kocha Olarn, CNN A Thai media tycoon and transgender rights advocate has bought the Miss Universe Organization for $20 million,…
Continue Reading CNN employees brace for layoffs after network chief warns of ‘unsettling’ changes ahead
By Oliver Darcy, CNN Business “Unsettling.” That’s the sort of news CNN staffers had delivered to their inboxes at 1pm ET on…
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