How low can they go? These stock analysts are issuing $0 and $1 price targets
By Paul R. La Monica, CNN Business Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don’t often…
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Inflation is crushing wedding budgets and guests are getting cut
Martha C. White for CNN Business The pandemic lockdowns might be in the rearview mirror, but rising inflation has ushered in the return of…
Continue Reading Gas prices drop 70 days in a row in the second-longest streak since 2005
By Matt Egan, CNN Business Drivers have something to smile about: A historic drop in gasoline prices. The national average for a gallon of regular…
Continue Reading New home sales fall 12.6% in July as rising prices take a toll
By Anna Bahney, CNN Business New home sales plunged in July as high prices and mortgage rates pushed buyers to think twice about closing the deal.…
Continue Reading Zoom gets slammed: Stock plunges on weak outlook
By Paul R. La Monica, CNN Business The pandemic lift for Zoom has gone poof. Shares of the video conferencing company plunged more than 15% Tuesday…
Continue Reading Turmoil in the natural gas market spells trouble ahead
By Julia Horowitz, CNN Business The outlook for inflation and the global economy hinges in large part on where energy prices head next — which…
Continue Reading China turns back to coal as record heatwave causes power shortages
By Laura He, CNN Business China is mining and importing more coal as its worst heatwave and drought in six decades hits hydroelectricity, the…
Continue Reading More than 1,300 US flights canceled nationwide, Dallas airports hard hit due to storms
By Ross Levitt, CNN More than 1,300 US flights have been canceled as of Monday night and more than 7,400 flights have been delayed, according to the…
Continue Reading Ford hit with $1.7 billion verdict for F-series pickup roof collapse that killed couple
By Chris Isidore, CNN Business The family of an elderly couple killed when the roof of their F-250 pickup collapsed during a rollover accident in…
Continue Reading Quiet quitting is the latest workplace trend, but it doesn’t mean what you think
By Megan Marples, CNN Years of long hours, understaffed companies and burned-out employees have all led to the latest TikTok trend: quiet quitting.…
Continue Reading Tesla raises price of feature it calls ‘full self-driving’ to $15,000
By Matt McFarland, CNN Business Tesla is raising the price of its controversial driver-assist feature it calls “full self-driving” to…
Continue Reading Ford cutting 3,000 corporate jobs as part of its shift to EVs
By Chris Isidore, CNN Business Ford is cutting 3,000 white collar jobs as it prepares to shift from traditional internal combustion engine vehicles…
Continue Reading Bed Bath & Beyond shares tank on reports that suppliers have halted product shipments
By Parija Kavilanz, CNN Business Shareholders are pulling the rug out from under Bed Bath & Beyond. The embattled retailer’s stock dropped…
Continue Reading Stocks tumble on fears of another big Fed rate hike
By Paul R. La Monica, CNN Business So much for hopes that the Federal Reserve will tap the brakes on its aggressive interest rate hikes. Stocks…
Continue Reading 72% of economists expect a US recession by the middle of next year
By Matt Egan for CNN Business The Federal Reserve is unlikely to tame inflation without pushing the American economy into a recession, according to a…
Continue Reading French supermarkets and gas stations are capping prices
By Anna Cooban, CNN Business French supermarkets and gas stations have an answer to soaring inflation — freezing some prices for the next few…
Continue Reading Markets are fighting the Fed
By Julia Horowitz, CNN Business Stocks have experienced a sharp summer rebound, easing fear among investors and boosting hopes the bear market has…
Continue Reading Opinion: Corporate greed isn’t to blame for high inflation
Opinion by Stephen G. Cecchetti and Kermit L. Schoenholtz for CNN Business Perspectives In June, US inflation hit a 40-year high of 9% and…
Continue Reading Carmakers hit as China’s heatwave forces more power rationing
By Laura He, CNN Business China’s brutal heatwave is now hurting major players in the auto industry. The rationing of power in Sichuan province…
Continue Reading Mexico City becomes ‘work from home’ haven for US expats, but locals are getting priced out
By David Culver and Karol Suarez, CNN Sandra Ortiz struggles to talk about her family’s restaurant without breaking down into tears.…
Continue Reading China slashes mortgage rate to tackle deepening property crisis
By Michelle Toh, CNN Business China’s central bank is cutting its benchmark interest rate for mortgages yet again as it tries to stem a…
Continue Reading Why the world’s second largest movie theater chain may be filing for bankruptcy
By Mark Thompson, CNN Business The owner of Regal Cinemas confirmed Monday that it was considering filing for bankruptcy but promised “business…
Continue Reading ‘Reliable Sources’: Why defending the press is essential to defending democracy
By Ramishah Maruf, CNN For over 30 years, “Reliable Sources” has covered the role the press plays in societies around the world. In the…
Continue Reading Chipotle debuts a ‘water cup’ candle. It smells like lemonade
By Zoe Sottile, CNN Lemonade thieves, Chipotle is on to you. The burrito chain has released a candle in honor of National Lemonade Day, which fell on…
Continue Reading Miller High Life has an ice cream that tastes like a dive bar
By Yenny Sanchez, CNN If you ever looked at a dive bar and thought “yum,” then this snack is for you. Miller High Life has partnered with…
Continue Reading Why you can’t always throw AA batteries in the trash
By Matt McFarland, CNN Business There’s a good chance you aren’t disposing of your AA batteries properly. But you may not be to blame.…
Continue Reading Where have the unicorns gone? The IPO window has slammed shut
By Paul R. La Monica, CNN Business Unicorns, the nickname for multi-billion dollar startups looking to go public, are starting to become an…
Continue Reading People are now testing Tesla’s ‘full self-driving’ on real kids
By Matt McFarland, CNN Business Carmine Cupani wanted to set the record straight. So he asked his young son to stand in the path of his Tesla as it…
Continue Reading Why Jaws and E.T. are back in theaters
By Frank Pallotta, CNN Business In Hollywood, there’s the reboot, the remake and the requel. But now, coming this summer to a theater near you:…
Continue Reading Opinion: Late-night television’s golden age is over
Opinion by Bill Carter for CNN Business Perspectives In July, TBS announced that, after seven seasons, “Full Frontal with Samantha Bee”…
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