CNN-Business-Consumer Archives

Don’t panic if you got a scary IRS notice

February 11, 2022 9:50 AM CNN Newsource

By Jeanne Sahadi, CNN Business Imagine having filed and paid your taxes last year, then months later you get a letter in the mail from the IRS saying…

US business leaders sound the alarm on US-Canada border blockade

February 11, 2022 8:32 AM CNN Newsource

By Matt Egan, CNN Business Three of America’s largest business groups are warning the trucker-inspired protests along the US-Canada border are…

Workers in Michigan could lose up to $51 million in wages this week because of trucker protest, group estimates

February 11, 2022 8:28 AM CNN Newsource

By Vanessa Yurkevich, CNN Business Workers in the Michigan auto industry could lose up to $51 million in wages this week, due to the trucker protest…

Americans keep feeling worse about this high-inflation economy

February 11, 2022 8:22 AM CNN Newsource

By Anneken Tappe, CNN Business Prices keep rising, and Americans are growing concerned that Washington’s policies won’t do much about…

Wall Street’s go-to recession indicator is starting to get attention

February 11, 2022 6:34 AM CNN Newsource

By Julia Horowitz, CNN Business Past may not be prologue for financial markets as the global economy continues to reel from the pandemic. But a…

Canned cocktails are so big, they’ve made it to the Super Bowl

February 11, 2022 6:27 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business Anheuser-Busch, known for beers like Budweiser, Busch and Stella Artois, is shining a light on its canned…

Super Bowl commercials cost $7 million. It’s still a good deal

February 11, 2022 4:32 AM CNN Newsource

By Frank Pallotta, CNN Business Super Bowl commercials are more expensive than ever. But for advertisers, they’re a better deal than ever. NBC…

France announces plans to build up to 14 nuclear reactors

February 11, 2022 3:58 AM CNN Newsource

By Joseph Ataman, CNN Business France has announced plans to build up to 14 new nuclear reactors in a move that could help reduce greenhouse gas…

CNN’s Anderson Cooper announces birth of second son

February 10, 2022 11:31 PM CNN Newsource

By Rob McLean, CNN Business CNN anchor Anderson Cooper announced the birth of his second son on Thursday’s “AC360” broadcast.…

Sarah Palin testifies about Times editorial that linked her PAC map to deadly shooting: ‘I was powerless’

February 10, 2022 4:38 PM CNN Newsource

By Sonia Moghe, CNN Sarah Palin testified Thursday that she felt “mortified” and lost sleep after the New York Times published an…

New lawsuit targets alleged car warranty phone scams

February 10, 2022 4:34 PM CNN Newsource

By Peter Valdes-Dapena, CNN Business If you’re tired of getting random calls from companies claiming to be from “dealer services”…

California sues Tesla citing ‘hundreds’ of racism complaints in factory

February 10, 2022 4:19 PM CNN Newsource

By Matt McFarland, CNN Business A California civil rights agency filed a lawsuit against Tesla Wednesday alleging racism and harassment at the…

US auto factories disrupted by Canadian trucker rally

February 10, 2022 1:48 PM CNN Newsource

By Chris Isidore, CNN Business After a year of computer chip shortages, supply chain problems and temporary plant closings, this was about the last…

To fight inflation, the Fed may resort to a tool it hasn’t used since 2000

February 10, 2022 1:09 PM CNN Newsource

By Matt Egan Red-hot inflation is raising pressure on the Federal Reserve to take drastic action to get control of prices. James Bullard, the…

Most US cities saw double-digit home price growth late last year

February 10, 2022 12:45 PM CNN Newsource

By Anna Bahney, CNN Business Home prices rose by double-digit percentages in two-thirds of the largest US cities at the end of last year, but that…

Consumers won’t accept high prices for long, Coke CEO warns

February 10, 2022 10:53 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business The tide could be turning on consumers’ willingness to pay higher prices, Coca-Cola CEO James Quincey…

Adidas tweets 25 pairs of bare breasts to sell a new sports bra

February 10, 2022 10:34 AM CNN Newsource

By Parija Kavilanz, CNN Business Adidas will soon debut a new sports bra line, but one of its ads doesn’t show the bra at all. Instead, Adidas…

‘Jurassic World Dominion’ trailer has stars new and old tracking down dinosaurs

February 10, 2022 9:56 AM CNN Newsource

By Frank Pallotta, CNN Business Welcome back to Jurassic World. Universal Pictures debuted the new trailer for “Jurassic World Dominion”…

Stocks tumble and bond yields climb after worse-than-expected inflation report

February 10, 2022 9:32 AM CNN Newsource

By Anneken Tappe, CNN Business The 10-year US Treasury bond yield rose past the 2% mark for the first time since the summer of 2019 Thursday and…

Elon Musk’s US tax bill: $11 billion. Tesla’s: $0

February 10, 2022 9:07 AM CNN Newsource

By Chris Isidore, CNN Business Elon Musk has repeatedly bragged (or, perhaps, complained) that he’ll pay more in federal taxes for 2021 than…

Mortgage rates jump again, rising to a level not seen since early 2020

February 10, 2022 8:12 AM CNN Newsource

By Anna Bahney, CNN Business Mortgage rates increased again, rising to a level not seen since before the pandemic. The 30-year fixed-rate mortgage…

America’s annual price increase was worse than economists had forecast

February 10, 2022 6:36 AM CNN Newsource

By Anneken Tappe, CNN Business New year, same old high inflation. A key measure of inflation climbed to a near-40-year high last month. Economists…

Wall Street is missing the point

February 10, 2022 6:18 AM CNN Newsource

By Julia Horowitz, CNN Business Liz Ann Sonders, the chief investment strategist at Charles Schwab, thinks Wall Street is missing the point on…

Hyundai triggers diplomatic spat over Kashmir

February 10, 2022 4:51 AM CNN Newsource

By Diksha Madhok and Sophia Saifi, CNN Business South Korean automaker Hyundai faced controversy this week in India, sparking diplomatic tensions…

Most CEOs say rate hikes won’t quickly solve inflation crisis

February 10, 2022 4:02 AM CNN Newsource

By Matt Egan, CNN Business The Federal Reserve has expressed confidence inflation will get under control soon. Business leaders are not so sure.…

Hijab protests spread in India as girls refuse to be told what not to wear

February 10, 2022 1:43 AM CNN Newsource

By Rhea Mogul, Manveena Suri and Swati Gupta, CNN A college student has become a symbol of resistance in India’s Karnataka state, where…

Right-wing media offers fawning coverage of Canadian truckers as it encourages similar protest in US

February 9, 2022 9:48 PM CNN Newsource

By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

Sarah Palin takes the stand in defamation trial against the New York Times

February 9, 2022 3:49 PM CNN Newsource

By Sonia Moghe, CNN Former Alaska Governor Sarah Palin took the witness stand Wednesday in her defamation trial against the New York Times. Palin…

Disney regains some magic with better-than-expected streaming results

February 9, 2022 2:33 PM CNN Newsource

By Frank Pallotta, CNN Business Disney+ regained some of its magic on Wednesday with subscriber totals that exceeded Wall Street’s…

Oil could ‘easily’ hit $120 if Russia-Ukraine crisis escalates, JPMorgan warns

February 9, 2022 12:43 PM CNN Newsource

By Matt Egan, CNN Business Oil prices could soar to $120 a barrel if Russia’s crude exports are derailed by tensions with Ukraine, according to…