Hollywood actor’s Ponzi scheme, explained: Why investors keep falling for scams
By Allison Morrow, CNN Business The tale of Zachary Horwitz made headlines this week after he was sentenced to 20 years for bilking investors out of…
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California gas prices just hit a record high. $5 gas could come soon
By Chris Isidore, CNN Business Gas in California hit a record high of $4.72 a gallon on average on Wednesday — and experts say a whopping $5 a…
Continue Reading How we can solve the nation’s affordable housing crisis
Opinion by Janneke Ratcliffe for CNN Business Perspectives Millions of Americans are losing out on the chance to reap the benefits of homeownership…
Continue Reading Russia-Ukraine crisis sends oil on roller coaster
By Matt Egan, CNN Business Oil prices briefly touched $95 a barrel on Wednesday before backing away as investors try to make sense of the latest…
Continue Reading AMC may sell you popcorn outside of movie theaters
By Paul R. La Monica, CNN Business AMC Entertainment, the theater chain and darling of the meme stock crowd, is hoping to profit as more people stay…
Continue Reading Development bank accused of lending millions to companies allegedly linked to forced labor in Xinjiang
By Rebecca Wright, CNN The International Finance Corporation, one of the world’s leading development banks, has for decades touted its success…
Continue Reading Employers take note: Most remote workers don’t want to go back to the office
By Jeanne Sahadi, CNN Business Employers, take note: If your staff has been working from home most or all of the time during the past two years,…
Continue Reading Mercedes reveals 677-horsepower electric performance sedan
By Peter Valdes-Dapena, CNN Business Mercedes’ AMG performance division is most famous for making hand-built gasoline engines, but times are…
Continue Reading Dry January was more popular than ever. That’s good news for the alcohol industry
By Jordan Valinsky, CNN Business More people than ever participated in Dry January this year, but they didn’t totally ditch the bottle.…
Continue Reading Prices may be rising, but Americans shopped more than expected in January
By Anneken Tappe and Nathaniel Meyersohn, CNN Business Inflation is rampant in the pandemic economy, but that didn’t keep Americans from…
Continue Reading Wall Street’s metaverse dreams take a hit
By Julia Horowitz, CNN Business Wall Street is convinced it’s discovered the future of Silicon Valley. But early bets on the…
Continue Reading Gambling surged to new records last year
By Jordan Valinsky, CNN Business Here’s more proof that the house always wins: In 2021, America’s gaming industry had its…
Continue Reading Why the Russian invasion will have huge economic consequences for American families
By Matt Egan, CNN Business Russia’s invasion of Ukraine is happening thousands of miles away from the closest major US city. And yet millions…
Continue Reading Indian actor and activist Deep Sidhu, who supported the farmer’s protests, dies
By Swati Gupta and Rhea Mogul, CNN Indian actor and activist Deep Sidhu, who backed the country’s year-long farmer’s movement, died in a…
Continue Reading Starbucks battles another backlash in China over ‘misunderstanding’ with police
By CNN’s Beijing bureau and Michelle Toh, CNN Business Starbucks is facing its second controversy in China in two months, over what the coffee…
Continue Reading Veteran Indian singer Bappi Lahiri dies, age 69
By Swati Gupta and Rhea Mogul, CNN Indian singer and composer, Bappi Lahiri, who lent his talent to Indian cinema for nearly 50 years, died late…
Continue Reading Top CNN exec resigns as WarnerMedia chief accuses her and former network boss Zucker of standards violations
By Brian Stelter, CNN Business Nearly two weeks after CNN president Jeff Zucker was forced out of his position, his former lieutenant Allison Gollust…
Continue Reading Union vote at Arizona Starbucks put on hold
By Chris Isidore, CNN Business The effort to unionize Starbucks workers is one of the country’s most closely-watched labor organizing drives in…
Continue Reading ViacomCBS is getting a new name
By Frank Pallotta, CNN Business “Paramount.” That’s the new name of ViacomCBS, the company announced on Tuesday. The new name will…
Continue Reading Jury finds that Sarah Palin failed to prove her defamation case against the New York Times
By Sonia Moghe, CNN The New York Times has prevailed in defending itself against a defamation lawsuit brought by Sarah Palin after jurors found she…
Continue Reading Why your Wordle answers might now be different than your friends’
By David Goldman, CNN Business Among the many appeals of the massively successful Wordle game is that it has just one solution per day. Every player…
Continue Reading Microsoft is on a buying binge. Here’s what it could buy next
By Paul R. La Monica, CNN Business Microsoft CEO Satya Nadella is on a major shopping spree. The company’s planned purchase of video game maker…
Continue Reading Exclusive: Russia-Ukraine conflict could cause inflation to hit 10%, new analysis finds
By Matt Egan, CNN Business The cost of living is already very high in America. The Russia-Ukraine crisis could make it even worse. Oil prices have…
Continue Reading Super Bowl ratings rebound in a big way for the NFL and NBC
By Frank Pallotta, CNN Business The Super Bowl had a little bit of everything Sunday night: a close game that went down to the wire, an exciting…
Continue Reading ‘It would be a major mistake.’ Biden official warns Russia against weaponizing energy
By Matt Egan, CNN Business The Biden administration warned Russian President Vladimir Putin on Tuesday against weaponizing its energy exports during…
Continue Reading No end to America’s rising prices: Another inflation measure rose in January
By Anneken Tappe, CNN Business America’s rising prices were unrelenting in January. Another key inflation measure showed prices rising more…
Continue Reading Warren Buffett’s Berkshire Hathaway perfectly timed an out-of-left-field investment
By Paul R. La Monica, CNN Business Sometimes in investing, a little luck goes a long way. Just ask Warren Buffett. The Oracle of Omaha is set to make…
Continue Reading Dow jumps more than 400 points after Russia says it’s withdrawing some troops
By Matt Egan, CNN Business Wall Street’s Russia-Ukraine fears eased Tuesday morning after Russia announced it is withdrawing some troops…
Continue Reading Is the mighty US consumer faltering?
By Julia Horowitz, CNN Business America’s economy is driven by shoppers who shell out big money for items like iPhones, sofas and cars and…
Continue Reading Justin Bieber almost single-handedly turned around Tim Hortons
By Jordan Valinsky, CNN Business Tim Hortons is singing Justin Bieber’s praises Tuesday because his line of donuts just turned around the…
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