Royal Mail warns of 6,000 job cuts as postal workers step up strikes
By Anna Cooban and Mark Thompson, CNN Business UK postal service Royal Mail said Friday that it could cut 6,000 jobs as it warned of a big loss this…
Continue ReadingCNN-Business-Consumer
Liz Truss ditches another big tax cut and fires her finance minister
By Julia Horowitz, Luke McGee and Mark Thompson, CNN Business UK Prime Minister Liz Truss has fired finance minister Kwasi Kwarteng and ditched a big…
Continue Reading India halts production of cough syrups suspected of links to child deaths
By Swati Gupta, Manveena Suri, Rhea Mogul and Heather Chen, CNN Indian health authorities have halted production at a pharmaceutical company in New…
Continue Reading Behind the bombshells: How the LA Times used secret recordings to expose racism at the highest levels of city government
By Oliver Darcy, CNN Business Last Thursday, at precisely 5:29pm Pacific Time, a mysterious Twitter account with the handle @LAunionLaundry posted…
Continue Reading How much will Sandy Hook parents actually get from Alex Jones?
By Chris Isidore, CNN Business Alex Jones owes $965 million to eight family members of Sandy Hook shooting victims and a first responder. But it is…
Continue Reading Alex Jones’ conspiracy empire hangs in the balance after jury’s nearly $1 billion award to Sandy Hook families
By Oliver Darcy, CNN Business Judgment Day arrived on Wednesday for Alex Jones — and he said that it felt like he landed in Hell. “This must…
Continue Reading Last chance to lock in a nearly 10% return on your savings
By Jeanne Sahadi, CNN Business Inflation is soaring, markets are down and savings rates are still very low. But there’s one investment that…
Continue Reading More than 100,000 UK postal workers begin holiday season strikes
By Anna Cooban, CNN Business Postal workers in the United Kingdom are walking out during the busiest period of the year to demand higher pay as…
Continue Reading Opinion: It’s time for employers to stop caring so much about college degrees
Opinion by Ryan Roslansky and Byron Auguste for CNN Business Perspectives The urgent business case for finding new ways of hiring has never been…
Continue Reading Food prices are still surging — here’s what’s getting more expensive
By Nathaniel Meyersohn, CNN Business Prices at the grocery store continued to soar last month, adding even more pressure to shoppers’ wallets.…
Continue Reading Americans have largely avoided health care inflation so far — but that’s about to change
By Tami Luhby, CNN Although Americans have been paying a lot more at the pump and the supermarket this year, they have largely been spared from price…
Continue Reading Mortgage rates hit 20-year high
By Anna Bahney, CNN After taking a breather last week, mortgage rates rose again — moving even closer to 7%. The 30-year fixed-rate mortgage…
Continue Reading High levels of toxic chemical found in sports bras, watchdog warns
By Parija Kavilanz, CNN Business New testing on a variety of popular branded sports bras and athletic wear has revealed high levels of BPA, a…
Continue Reading Surging prices show the Fed must continue its tough battle against inflation
By Alicia Wallace, CNN Business A key inflation report showed consumer prices came in hotter than expected in September, punishing Americans and…
Continue Reading Weather forces delay for NASA astronauts returning from space station on SpaceX capsule
By Jackie Wattles, CNN Four astronauts are scheduled to return home from the International Space Station this week, capping off a nearly six-month…
Continue Reading How to read big bank earnings
By Nicole Goodkind, CNN Business If market swings tell us anything, it’s that investors are rattled by economic uncertainty. The outlook…
Continue Reading OPEC could tip the world economy into recession, warns IEA
By Hanna Ziady, CNN Business Western governments are furious after OPEC+ decided last week to slash oil production by the largest amount since the…
Continue Reading Budweiser’s Clydesdale herd grows by two
By Jordan Valinsky, CNN Business The family of Budweiser Clydesdales is growing. Warm Springs Ranch in Missouri, which breeds the iconic horses,…
Continue Reading Jury decides conspiracy theorist Alex Jones should pay nearly $1 billion in damages to Sandy Hook families for his lies about the school massacre
By Oliver Darcy, CNN Business Far-right talk show host Alex Jones should pay eight families of Sandy Hook Elementary School shooting victims and one…
Continue Reading Heating costs forecast to soar this winter
By Chris Isidore, CNN Business No matter how you heat your home, the cost of that heat is likely to soar, according to a forecast Wednesday from the…
Continue Reading The 2024 Chevy Trax is GM’s new take on its cheapest SUV
By Peter Valdes-Dapena, CNN Business General Motors unveiled a new, slightly bigger redesigned version of its cheapest entry-level SUV, the Trax. The…
Continue Reading Saudis aren’t weaponizing oil like Americans claim, top official says
By Joshua Berlinger, CNN Saudi Minister of State for Foreign Affairs Adel al-Jubeir said his country partnered with Russia to slash oil production in…
Continue Reading The Fed only cares about inflation. That’s bad news for you
By Paul R. La Monica, CNN Business Jerome Powell and other members of the Federal Reserve are obsessed with choking off inflation once and for all,…
Continue Reading CVS drops prices on its tampons and will pay the ‘pink tax’
By Nathaniel Meyersohn, CNN Business CVS will reduce prices on its store-branded menstrual products nationwide and pay the sales taxes on those…
Continue Reading A tweet launched an investigation into Tesla’s Autopilot software
By Matt McFarland, CNN Business Green, an influential Twitter account with a track record of revealing insights about Tesla from software analysis,…
Continue Reading France tries to break oil refinery strike as drivers line up for gas
By Hanna Ziady, CNN Business The French government has ordered staff at an ExxonMobil refinery to return to work, taking the extraordinary measure…
Continue Reading The Children’s Place just went full grown-up
By Parija Kavilanz, CNN Business Let’s admit it: Adults have basically been dressing like kids these past two years — opting for comfy PJs,…
Continue Reading This key inflation measure shows prices rose faster than expected last month
By Chris Isidore, CNN Business A key measure of inflation increased faster than expected in September, raising concerns that the Federal…
Continue Reading Subway, offering a rare glimpse at its finances, says it’s hitting record sales
By Jordan Valinsky, CNN Business Subway says its most extensive menu makeover in the company’s nearly 60-year history is paying off. Sales at…
Continue Reading Starbucks customers can now earn Delta SkyMiles
By Jordan Valinsky, CNN Business Starbucks customers can now earn more than just “stars” for their purchases. Beginning Wednesday, the…
Continue Reading