CNN-Business-Consumer Archives

Russian invasion would bring more fear to markets

January 24, 2022 6:23 AM CNN Newsource

By Julia Horowitz, CNN Business Uncertainty around the Federal Reserve’s plans just drove Wall Street to its worst week since the start of the…

Krispy Kreme will give blood donors a dozen free doughnuts

January 24, 2022 5:31 AM CNN Newsource

By Jordan Valinsky, CNN Business Krispy Kreme is giving away free doughnuts to help combat a nationwide blood shortage. This week, the chain will…

Ford reveals dune-jumping Bronco Raptor

January 24, 2022 4:44 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Ford just unveiled the Bronco Raptor, a high-performance version of its off-road Jeep Wrangler competitor. Based…

US suspends 44 China-bound flights from Chinese airlines

January 23, 2022 9:55 PM CNN Newsource

By Greg Wallace and Pete Muntean, CNN Business Washington is suspending more than three dozen flights from Chinese carriers over the next couple of…

More bad news for Peloton: Another TV show character has a heart attack while riding its bike

January 23, 2022 3:14 PM CNN Newsource

By Ramishah Maruf, CNN Business It’s been a rough few weeks for Peloton. And to round it off, another TV show character experienced a heart…

‘Shameless,’ former NBC host says of the Olympics returning to Beijing

January 23, 2022 1:47 PM CNN Newsource

By Ramishah Maruf, CNN Business Former NBC sportscaster Bob Costas, who has covered 12 Olympic Games as a host and commentator, did not hold back…

Winter storms and spiking energy prices could lead to record high heating bills

January 23, 2022 12:09 PM CNN Newsource

By Chris Isidore, CNN Business As if consumers weren’t being squeezed enough by rising prices for a wide range of goods, this month’s…

SpaceX’s Dragon cargo ship is on its way back to Earth with scientific investigations and medical research

January 23, 2022 11:51 AM CNN Newsource

By Claudia Dominguez and Alaa Elassar, CNN SpaceX’s unmanned Dragon cargo ship successfully undocked from the International Space Station (ISS)…

Bologna face masks and new M&Ms: 4 ways your food got weird this week

January 23, 2022 7:00 AM CNN Newsource

By Jordan Valinsky, CNN Business From M&Ms’ mascots becoming more inclusive to a bologna face mask, there was lots of wild food news this…

Inflation is soaring. Should the Fed unleash ‘shock and awe’?

January 23, 2022 6:40 AM CNN Newsource

By Paul R. La Monica, CNN Business The Bank of England has already started to raise interest rates to fight inflation. The Federal Reserve is likely…

Turkish journalist detained after ‘insulting’ President Erdogan in a TV interview

January 23, 2022 3:52 AM CNN Newsource

By Hande Atay Alam and Isil Sariyuce, CNN A Turkish journalist has been sent to prison for “insulting” the nation’s President Recep…

‘SNL’ looks back on Pres. Joe Biden’s first year in office on its version of ‘The Ingraham Angle’

January 22, 2022 10:51 PM CNN Newsource

By Kelly McCleary, CNN “Saturday Night Live” kicked off this week’s episode with a look back at President Joe Biden’s first…

Kohl’s, target of activist investors, gets a buyout offer

January 22, 2022 4:12 PM CNN Newsource

By Bridget O’Brian, CNN Business The quest for control of Kohl’s is heating up. On Saturday, the retailer received an unsolicited $9…

Bitcoin value tumbles almost 50% since record November

January 22, 2022 9:06 AM CNN Newsource

By Diksha Madhok, CNN Business Bitcoin has lost almost half its value since its November high, with cryptocurrency prices continuing to plunge as…

Thinking of buying a home in 2022? Here’s what to expect

January 22, 2022 6:40 AM CNN Newsource

By Anna Bahney, CNN Business If you’re one of many would-be homebuyers who got shut out of the real estate market last year, you might be…

What’s getting more expensive

January 22, 2022 6:37 AM CNN Newsource

By Ramishah Maruf, CNN Business Inflation and supply chain snags have sent prices for everyday items soaring, from Tide laundry detergent to new…

These recent grads landed office jobs, but they’ve barely set foot in the office

January 21, 2022 12:29 PM CNN Newsource

By Kathryn Vasel, CNN Business The past 22 months of the pandemic have forced many companies to recruit, work and retain talent remotely. And that…

The stock market is a ‘superbubble’ about to burst, top hedge fund manager warns

January 21, 2022 12:10 PM CNN Newsource

By Paul R. La Monica, CNN Business Stocks are off to a tough start this year. The tech-heavy Nasdaq is already in a correction, a more than 10% drop.…

Worker absences triple because of Omicron

January 21, 2022 11:42 AM CNN Newsource

By Matt Egan, CNN Business The percentage of the adult population not working because of Covid-related reasons tripled between December and January,…

LinkedIn economist: 3 ways the pandemic has dramatically changed the labor market

January 21, 2022 11:37 AM CNN Newsource

Opinion by Karin Kimbrough for CNN Business Perspectives Entering year three of the pandemic, the labor market today looks markedly different from…

Hunger in America could get worse as supply chains tighten

January 21, 2022 10:35 AM CNN Newsource

By Parija Kavilanz, CNN Business Just after Thanksgiving, Carmen Allen became alarmed by the jump in prices and shortages of food products at her…

Strike ends at 78 Kroger-owned grocery stores in Denver

January 21, 2022 10:06 AM CNN Newsource

By Jeremy Harlan and Carma Hassan, CNN Business Nearly 8,000 workers at 78 King Soopers and City Market grocery stores in Colorado will return to…

Peloton may be toast

January 21, 2022 9:39 AM CNN Newsource

By Paul R. La Monica, CNN Business Peloton had a disastrous 2021. But as impossible as it may seem, the exercise equipment company is arguably off to…

Total and Chevron are pulling out of Myanmar

January 21, 2022 9:01 AM CNN Newsource

By Joseph Ataman and Matt Egan, CNN TotalEnergies and Chevron are withdrawing from Myanmar because of the deteriorating situation in the country…

Jamie Dimon gets a $3 million raise

January 21, 2022 7:24 AM CNN Newsource

By Chris Isidore, CNN Business Jamie Dimon got a $3 million raise in 2021, JPMorgan Chase disclosed in a filing late Thursday. The raise boosts the…

The pandemic boom is over. Just ask Peloton and Netflix

January 21, 2022 5:59 AM CNN Newsource

By Charles Riley, CNN Business When the coronavirus pandemic swept across the world in 2020, investors responded by pouring money into companies that…

As Big Tech stocks get slaughtered, Intel rises from the ashes

January 21, 2022 5:03 AM CNN Newsource

By Paul R. La Monica, CNN Business Intel was once the undisputed king of the semiconductor industry until the chip giant lost momentum to rivals…

Serbia pulls plug on Rio Tinto’s $2.4 billion lithium project

January 21, 2022 4:36 AM CNN Newsource

By Reuters Shares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licenses over environmental concerns, hurting the…

Bitcoin tumbles as cryptocurrencies continue their downward slide

January 21, 2022 2:12 AM CNN Newsource

By Diksha Madhok, CNN Business Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look…

Evergrande’s international creditors threaten legal action over ‘opaque’ restructuring process

January 20, 2022 10:57 PM CNN Newsource

By Laura He, CNN Business Evergrande’s international creditors are losing patience. A group of the company’s overseas bondholders are…