CNN-Business-Consumer Archives

‘Blockbuster’ jobs report suggests Fed can raise rates without tanking the economy, Austan Goolsbee says

February 4, 2022 11:28 AM CNN Newsource

By Matt Egan, CNN Business January’s shockingly strong jobs report suggests the US economy is healthy enough to withstand the Federal…

Biden sets first-year record with 6.6 million jobs added

February 4, 2022 11:15 AM CNN Newsource

By Chris Isidore, CNN Business Employers added a record 6.6 million jobs during Joe Biden’s first 12 months in office, by far the strongest…

4 reasons why this jobs report matters to your wallet

February 4, 2022 10:49 AM CNN Newsource

By Allison Morrow, CNN Business The Labor Department’s monthly jobs report can be hard to interpret, especially as Covid has blown up…

Pandemic pricing is over. Manhattan real estate prices were near record highs last year

February 4, 2022 10:48 AM CNN Newsource

By Anna Bahney, CNN Business Manhattan real estate is back and it is booming. In 2021, prices were near record highs and sales were higher than…

Discovery chief praises CNN ahead of merger, addresses ouster of network president Jeff Zucker

February 4, 2022 9:29 AM CNN Newsource

By Brian Stelter and Oliver Darcy, CNN Business Discovery CEO David Zaslav praised CNN on Friday and said “news is going to be really…

Unpredictable income? Here’s how to manage your money

February 4, 2022 9:04 AM CNN Newsource

By Jeanne Sahadi, CNN Business Entrepreneurs. Freelancers. Gig workers. Consultants. Salespeople. If you freelance, earn commissions, run a small…

Tesla recalls 817,000 vehicles due to seat belt alert issue

February 4, 2022 8:33 AM CNN Newsource

By Matt McFarland, CNN Business Tesla has issued a second recall in a week’s time, in this case due to a chime that would not always sound if a…

Why Elon Musk and Joe Biden both love EVs but can’t stand each other

February 4, 2022 8:27 AM CNN Newsource

By Chris Isidore, CNN Business President Joe Biden loves electric vehicles. He wants half of all new US cars sold by 2030 to be EVs. He proposed a…

Surprisingly strong jobs report: America adds 467,000 positions in January

February 4, 2022 6:33 AM CNN Newsource

By Anneken Tappe, CNN Business America’s jobs recovery got an unexpected boost in January despite the Omicron variant spreading rapidly…

Amazon is the anti-Facebook

February 4, 2022 6:05 AM CNN Newsource

By Julia Horowitz, CNN Business Amazon and Facebook’s Meta are two of the market’s biggest players. Both have come under pressure during…

These workers are the only ones really seeing higher wages

February 4, 2022 5:27 AM CNN Newsource

By Tami Luhby, CNN Business Lots of workers are getting raises, but for many, the pay hikes won’t buy them more at the grocery store or car…

Rotterdam may dismantle historic bridge for superyacht reportedly owned by Jeff Bezos

February 4, 2022 5:21 AM CNN Newsource

By Anna Cooban and Charles Riley, CNN Business Rotterdam is considering a request to dismantle part of a historic bridge to allow a yacht reportedly…

CNN shakeup creates fresh challenges for WarnerMedia and Discovery

February 3, 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…

Jury hears opening statements in Sarah Palin’s case against The New York Times

February 3, 2022 7:48 PM CNN Newsource

By Sonia Moghe, CNN After a delay of more than a week due to the plaintiff’s having tested positive for Covid, attorneys finally gave opening…

What’s next for CNN

February 3, 2022 7:22 PM CNN Newsource

By Brian Stelter, CNN Business On January 25 Jeff Zucker and Allison Gollust arrived together at CNN’s New York office for a very important…

Ford earnings hurt by chip shortage

February 3, 2022 3:14 PM CNN Newsource

by Chris Isidore, CNN Business Ford reported an unexpected drop in its fourth quarter earnings, rather than the improved results expected by Wall…

Former Tesla worker sues company alleging abuse ‘reminiscent of the Jim Crow Era’

February 3, 2022 1:37 PM CNN Newsource

By Matt McFarland, CNN Business Kaylen Barker, a Black woman who worked at a Tesla manufacturing plant, filed a lawsuit this week in California…

US oil prices hit $90 a barrel for the first time since 2014

February 3, 2022 12:40 PM CNN Newsource

By Matt Egan, CNN Business US oil prices jumped above $90 a barrel on Thursday for the first time in more than seven years. The latest rally comes…

Equity-rich homeowners are ‘sitting pretty’ amid sky high real estate prices

February 3, 2022 12:38 PM CNN Newsource

By Anna Bahney, CNN Business Sky high real estate prices have made a growing number of homeowners “equity rich,” according to a report on…

The big reason the US and UK are facing such a massive labor shortage

February 3, 2022 12:37 PM CNN Newsource

Opinion by Carlo Pizzinelli and Ippei Shibata for CNN Business Perspectives Almost two years after the pandemic upended labor markets, job openings…

Democrats call for Biden officials to limit US natural gas exports because of rising home heating costs

February 3, 2022 11:59 AM CNN Newsource

By Matt Egan, CNN Business Nearly a dozen US Senators are calling for the Biden administration to curb overseas shipments of natural gas as Americans…

Here’s who has left Spotify because of Joe Rogan

February 3, 2022 10:22 AM CNN Newsource

By Frank Pallotta, CNN Business Spotify has had a rough couple of weeks. Its stock took a big hit Wednesday because of a slowing growth forecast, and…

Tesla owners complain about ‘phantom braking.’ Federal safety regulator considers a probe

February 3, 2022 9:52 AM CNN Newsource

By Chris Isidore and Matt McFarland, CNN Business Federal safety regulators are mulling a probe after Tesla owners complained that their cars were…

Meta plummets, dragging stocks lower

February 3, 2022 9:23 AM CNN Newsource

By Anneken Tappe, CNN Business Meta ruined things for the stock market on Thursday. Wall Street was deep in the red as the tech company formerly…

Everything Hershey makes is going to get more expensive

February 3, 2022 8:54 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business Stress eating is about to get more expensive: Hershey is raising prices this year. “Pricing will be an…

What it takes to make money flipping homes in a crazy real estate market

February 3, 2022 8:32 AM CNN Newsource

By Anna Bahney, CNN Business More people are flipping homes, but they are making less of a profit. Investors looking to get a piece of skyrocketing…

Will a new tax dent business-friendly Dubai?

February 3, 2022 8:23 AM CNN Newsource

By Celine Alkhaldi and Eoin McSweeney, CNN Almost 90% of Dubai’s population is made up of foreigners who flocked to the Gulf business hub for…

Tesla owners are more Republican than you’d think

February 3, 2022 7:42 AM CNN Newsource

By Chris Isidore, CNN Business Elon Musk has trained his Twitter guns on top Democrats such as Bernie Sanders and Elizabeth Warren. Now he’s…

Where are the users? Why Facebook’s stock is imploding

February 3, 2022 6:16 AM CNN Newsource

By Julia Horowitz, CNN Business Competition from TikTok. A stagnant user base in key markets. A pricey bid to invest in virtual reality that could…

Energy bills are rising by 54% for millions of UK households

February 3, 2022 5:40 AM CNN Newsource

By Charles Riley, CNN Business Life is about to get much more expensive for tens of millions of Brits. A cap on how much UK consumers can be charged…