CNN-Business-Consumer Archives

Barclays freezes ex-CEO’s $29 million bonus as regulators probe links to Jeffrey Epstein

February 23, 2022 5:12 AM CNN Newsource

By Charles Riley, CNN Business Barclays is withholding shares worth as much as $29 million from former CEO Jes Staley, pending the outcome of an…

‘We are a gas superpower.’ Ex-Trump regulator says US natural gas can help Europe

February 23, 2022 4:45 AM CNN Newsource

By Matt Egan, CNN Business The decision by Germany to halt the certification of Nord Stream 2 underscores the critical role US natural gas can play…

Pantene and Stubb’s will be sold in reusable containers at some Kroger stores

February 23, 2022 4:22 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business If you walk into one of 25 Fred Meyer stores in the Portland area this week, you’ll find something…

Global markets rebound as West punishes Russia with ‘modest’ sanctions

February 22, 2022 8:27 PM CNN Newsource

By Laura He, CNN Business Global markets are rebounding and oil prices are easing after the United States and its allies hit Russia with only a…

How a battery shortage could threaten US national security

February 22, 2022 10:15 AM CNN Newsource

By Matt McFarland, CNN Business Bob Galyen has spent his career building electric car batteries. And he thinks the United States has a problem.…

Macy’s and Kohl’s get in a knife fight with Wall Street

February 22, 2022 9:39 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Activist investors are circling Macy’s and Kohl’s. The department store chains are fighting back.…

Inflation keeps weighing on consumer confidence

February 22, 2022 9:07 AM CNN Newsource

By Anneken Tappe, CNN Business American consumer confidence slipped again in February, a new report from the Conference Board said Tuesday. The index…

Energy price shock from the Russia-Ukraine crisis could hurt the economy

February 22, 2022 8:16 AM CNN Newsource

By Matt Egan, CNN Business As oil rapidly approaches $100 a barrel, JPMorgan warned Tuesday that a spike in energy prices and other ripple effects…

The Dow’s top stock of 2021 is off to a rough start this year

February 22, 2022 7:59 AM CNN Newsource

By Paul R. La Monica, CNN Business Home Depot was the Dow’s best-performing stock in 2021, soaring more than 55% thanks to strong demand from…

The Middle East already has a crypto hub, and it’s not Dubai

February 22, 2022 7:56 AM CNN Newsource

By Eoin McSweeney, CNN When the world’s biggest cryptocurrency exchange decided in December to set up an advisory body in Dubai, local bitcoin…

Home prices skyrocketed last year. Two regions saw the biggest increases

February 22, 2022 7:29 AM CNN Newsource

By Anna Bahney, CNN Business Home prices rose 18.8% in 2021, according to the S&P CoreLogic Case-Shiller US National Home Price Index, the…

Elon Musk accuses the SEC of illegally leaking details of its Tesla investigation

February 22, 2022 7:26 AM CNN Newsource

By Chris Isidore, CNN Business Tesla CEO Elon Musk is escalating his battle with the Securities and Exchange Commission, accusing a staff member of…

Here’s where you can get boozy Mountain Dew first

February 22, 2022 6:49 AM CNN Newsource

By Jordan Valinsky, CNN Business The highly anticipated arrival of boozy Mountain Dew is finally here, but not everyone will be able to get it at…

Germany halts Nord Stream 2 and Russia responds with a stark warning

February 22, 2022 5:41 AM CNN Newsource

By Charles Riley and Julia Horowitz, CNN Business The West showed Tuesday it was ready to target Russia’s huge energy industry — even at the…

Russia is already paying a hefty financial price for its aggression

February 22, 2022 5:14 AM CNN Newsource

By Charles Riley, CNN Business Russian stocks whipsawed and the ruble rebounded from a near-record low on Tuesday as investors reacted to President…

Buying is more affordable than renting in these cities

February 22, 2022 4:45 AM CNN Newsource

By Anna Bahney, CNN Business Across the US rent is rising so fast that in many cities buying has become more affordable than renting, even with…

Bitcoin plunges below $37,000 as tensions between Russia and Ukraine climb

February 22, 2022 2:15 AM CNN Newsource

By Diksha Madhok, CNN Business Bitcoin and other major cryptocurrencies have been feeling the heat this week as tensions between Russia and Ukraine…

HSBC is handing another $1 billion to investors as profits soar

February 22, 2022 1:33 AM CNN Newsource

By Michelle Toh, CNN Business HSBC announced plans Tuesday to buy back up to another $1 billion in shares as it outlined a…

Putin is putting on a show, and he has a stranglehold on Russian media

February 21, 2022 11:43 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…

Stocks slide as Putin orders troops into Ukraine. Oil prices near $100 per barrel

February 21, 2022 5:20 PM CNN Newsource

By Laura He and Rob McLean, CNN Business Global stock markets tumbled and crude oil prices surged to $99 per barrel on Tuesday after Russia ordered…

Fox’s Neil Cavuto said a second case of Covid-19 nearly killed him

February 21, 2022 12:34 PM CNN Newsource

By Oliver Darcy, CNN Business Neil Cavuto, an immunocompromised Fox anchor who has dissented from the loudest voices at the right-wing network and…

Airlines cancel Ukraine flights as threat of war grows

February 21, 2022 7:13 AM CNN Newsource

By Anna Cooban, CNN Business Air France and Lufthansa are the latest airlines to suspend flights into Ukraine as fears of a Russian invasion grow.…

Billionaire Carl Icahn targets McDonald’s over pig welfare

February 21, 2022 5:53 AM CNN Newsource

By Julia Horowitz, CNN Business Legendary investor Carl Icahn is known for his aggressive campaigns to shake up Corporate America. Now, he’s…

Here’s what workers really want from their employers

February 20, 2022 10:02 PM CNN Newsource

By Jeanne Sahadi, CNN Business It’s no surprise that anyone looking to quit their current job for a new one will want a position that offers…

Credit Suisse pushes back on reports of controversial accounts

February 20, 2022 7:26 PM CNN Newsource

By Ramishah Maruf, CNN Business Credit Suisse pushed back Sunday after multiple media outlets reported that the Swiss investment bank had clients…

CNN reporter describes the challenges of covering the conflict in Ukraine

February 20, 2022 12:20 PM CNN Newsource

By Ramishah Maruf, CNN Covering what’s really happening on the Ukrainian border is being made even more difficult because of the constant flow…

US adds sites operated by Tencent and Alibaba to ‘notorious markets’ list

February 20, 2022 10:40 AM CNN Newsource

By Reuters E-commerce sites operated by China’s Tencent and Alibaba Group were added to the US government’s latest “notorious…

‘Uncharted’ is another box office win for Tom Holland and Sony

February 20, 2022 10:17 AM CNN Newsource

By Frank Pallotta, CNN Business Tom Holland does it again for Sony. “Uncharted” — starring Holland as adventurer Nathan Drake from the…

Presidents Day 2022: What’s open and closed

February 20, 2022 8:02 AM CNN Newsource

By Ramishah Maruf, CNN The third Monday of February marks Presidents Day, a federal holiday commemorating the nations’ 45 commanders in chief.…

Solid earnings season wasn’t enough to calm investors

February 20, 2022 7:08 AM CNN Newsource

By Julia Horowitz, CNN Business Corporate earnings season was supposed to turn around Wall Street’s sour mood. In the end, it wasn’t much…