Boeing averts strike at three defense plants, for now
By Reuters A union representing nearly 2,500 employees at three Boeing defense locations in the St. Louis area said on Saturday they will vote on the…
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The busiest economic week of the summer is over: Here’s everything we learned
By Nicole Goodkind and Julia Horowitz, CNN Business If you’re reading this, it means you’ve survived the busiest week of the summer.…
Continue Reading US approves Boeing inspection and modification plan to resume 787 deliveries
Reuters The U.S. Federal Aviation Administration on Friday approved Boeing’s inspection and modification plan to resume deliveries of 787…
Continue Reading U.S. Bank fined for opening ‘sham’ accounts for customers
By Ramishah Maruf, CNN The fifth-largest commercial bank in the US was fined by the Consumer Financial Protection Bureau for illegally accessing…
Continue Reading Why some people actually want a recession (and others say that’s crazy)
By Allison Morrow, CNN Business The US economy is on a knife’s edge, potentially already in a recession after a second quarter of shrinking…
Continue Reading Why Old Spice, Colgate and Dawn are locked up at drug stores
By Nathaniel Meyersohn, CNN Business These days, it feels like many stores are fortresses. Most of the products on the drug store shelf are behind…
Continue Reading Alex Jones’ company files for bankruptcy amid Texas trial to award damages to Sandy Hook families
By Oliver Darcy, CNN Business Right-wing conspiracy theorist Alex Jones’ primary company filed for bankruptcy protection on Friday, an…
Continue Reading Bill Barr subpoenaed by voting tech company Smartmatic in company’s defamation lawsuit against Fox News
By Oliver Darcy, CNN Business Voting technology company Smartmatic on Thursday subpoenaed former Attorney General Bill Barr in its $2.7 billion…
Continue Reading The owner of Tide and Dawn has a warning about the economy
By Nathaniel Meyersohn, CNN Business Here’s another sign that the economy is slowing. Procter & Gamble, the maker of Tide, Dawn, Bounty…
Continue Reading It’s not just food and fuel: Inflation is impacting the cost of almost everything
By Alicia Wallace, CNN Business Inflation has crept into practically every corner of Americans’ lives. In Queens, New York, auto repair shop…
Continue Reading Electric cars don’t need better batteries. America needs better charging networks
By Peter Valdes-Dapena, CNN Business With electric cars, people often talk about “range anxiety,” and how cars with bigger batteries and…
Continue Reading HOOD-winked? Investors not celebrating one year after Robinhood’s IPO
By Paul R. La Monica, CNN Business It’s been one year since Robinhood went public. And to say that the online broker’s performance has…
Continue Reading ‘Absolutely sure’ US economy is not in recession, economist says
By Matt Egan, CNN Business The American economy is losing steam and is vulnerable to sinking into a recession but it’s not in one yet,…
Continue Reading Opinion: The January 6 hearings will have a bigger impact than Watergate
Opinion by Bill Carter for CNN Business Perspectives Almost 50 years ago, fresh out of school, I was transfixed by the coverage of the famous…
Continue Reading What a recession could mean for you
By Jeanne Sahadi, CNN Business Will there be a recession? And, if so, just how bad will it be for my finances? Those questions are looming large for…
Continue Reading Workers’ wages continue to climb, but not as fast as inflation
By Tami Luhby, CNN Employers continued hiking workers’ pay at a brisker-than-expected pace, but the increases still weren’t enough to…
Continue Reading The Fed’s preferred inflation measure set a new 40-year high in June
By Alicia Wallace, CNN Business Another key measure of inflation set a fresh 40-year high in June, a month marked by record-high gas prices. The…
Continue Reading The strange reason America’s economy is shrinking
By Julia Horowitz, CNN Business When you think about a shrinking economy, what comes to mind? Factories shutting down. A wave of job losses and few…
Continue Reading $2,245.62 a second: ExxonMobil scores enormous profit on record gas prices
By Chris Isidore, CNN Business ExxonMobil and Chevron both reported record massive profits thanks to record gasoline prices during the quarter.…
Continue Reading Opinion: The types of jobs to look for (and avoid) during a recession
Opinion by Lakshman Achuthan and Anirvan Banerji for CNN Business Perspectives A couple of months ago, when the consensus outlook for the economy was…
Continue Reading Cold showers and no lights: How one German city is fighting Russia’s energy battle
By Nadine Schmidt and Lauren Kent in London The German city of Hanover has banned hot water in public buildings and has introduced measures to reduce…
Continue Reading Europe’s economy surprisingly grew last quarter, easing recession fears (for now)
By Anna Cooban and Julia Horowitz, CNN Business Europe’s economy grew unexpectedly in the second quarter of this year, allaying concerns —…
Continue Reading So are we in a recession, or not?
By Nicole Goodkind and Tal Yellin, CNN If you’re confused about whether the US economy is in a recession, you’re not alone. On one hand,…
Continue Reading China’s top leaders have gone silent on the country’s economic goals
By Laura He, CNN Business China’s top leadership has gone quiet on the growth targets it had set for the year, as the world’s…
Continue Reading Tesla, GM buyers would get EV tax credits again under Democrats’ climate bill
By Peter Valdes-Dapena, CNN Business Under a new green energy bill agreed to by Democratic Sens. Chuck Schumer and Joe Manchin, automakers like Tesla…
Continue Reading Treasury Secretary Janet Yellen: US economy remains ‘resilient’ despite GDP decline
By Alicia Wallace, CNN Business While the latest GDP report showed the US economy contracted again in the second quarter, Treasury Secretary Janet…
Continue Reading Last year’s backpack: Tapped out families are struggling to pay for back to school purchases
By Parija Kavilanz, CNN Business Shopping for back-to-school essentials is becoming a real struggle for families whose household budgets are…
Continue Reading Tiny birth control stock soars following Roe v. Wade overturn
By Paul R. La Monica, CNN Business There’s a saying on Wall Street that traders often sell the news. Well, that hasn’t been the case with…
Continue Reading Mortgage rates fall as fears about the US economy loom
By Anna Bahney, CNN Business Mortgage rates dropped last week as fears grow that the US economy is entering a recession. The 30-year fixed-rate…
Continue Reading US economy contracts again, fueling recession fears
By Martha White and Alicia Wallace, CNN Business The US economy shrank again in the second quarter, the Bureau of Economic Analysis said Thursday.…
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