Alibaba stock jumps after announcing Hong Kong primary listing
By Michelle Toh, CNN Business Alibaba announced a plan to allow more mainland Chinese investors to invest in the stock. In a statement Tuesday, the…
Continue ReadingCNN-Business-Consumer
Why diesel is more expensive than regular gas
By Benjamin Taubman, CNN Business Most drivers today are focused on the high cost of filling up their tanks with regular fuel. But there’s…
Continue Reading The Choco Taco is gone for good
By Danielle Wiener-Bronner, CNN Business Pour one out for Choco Taco. The beloved Klondike product, packaged ice cream in a taco-shaped cone, has…
Continue Reading A sign inflation could start easing: Walmart is slashing prices on clothing and other products
By Nathaniel Meyersohn, CNN Business Many shoppers have pulled back on buying clothing and other discretionary items as the highest inflation in four…
Continue Reading Diapers cost families a fortune, but now some states will stop taxing them
By Nathaniel Meyersohn, CNN Business Diapers are a notoriously large expense for caregivers of newborns, toddlers and adults suffering from…
Continue Reading Sotheby’s may be liable for $4 million in missing diamonds, judge rules
By Alexandra Peers, CNN Business Be careful what you sign — and read the fine print. That’s just one of the lessons from a convoluted lawsuit…
Continue Reading Justice Department accuses poultry processors of underpaying workers for decades
By Danielle Wiener-Bronner, CNN Business Major US poultry processors engaged in a 20-year-long conspiracy to suppress worker pay, the Department of…
Continue Reading Stocks are on track for the best month of the year — for now
By Paul R. La Monica, CNN Business The first half of 2022 was awful for stocks. But investors have seen a rebound in July and the markets are…
Continue Reading R-rated movies have come to Disney+
By Frank Pallotta, CNN Business Disney+ just got a little more adult. The streaming service added its first R-rated films in the US on Friday with…
Continue Reading Tesla subpoenaed over Elon Musk’s tweets … again
By Chris Isidore, CNN Business The Securities and Exchange Commission apparently isn’t done with Elon Musk and his tweets quite yet. Tesla…
Continue Reading The NFL is debuting a streaming service — with some major caveats
By Frank Pallotta, CNN Business The NFL launched a streaming service Monday. That sounds like a football fan’s dream, but it’s probably…
Continue Reading Could we talk ourselves into a recession?
By Julia Horowitz, CNN Business There’s no denying that the US economy is at a strange juncture that’s left even top experts scratching…
Continue Reading Elon Musk denies affair with Sergey Brin’s wife Nicole Shanahan
By Anna Cooban, CNN Business Elon Musk has denied having an affair with Nicole Shanahan, the wife of Google’s co-founder, Sergey Brin. Over the…
Continue Reading Farmers forced to sell their cows as drought conditions worsen across US
By Vanessa Yurkevich, CNN Business Extreme drought and inflationary pressures are forcing US farmers in Western states to sell off their cattle herds…
Continue Reading Google fires engineer who contended its AI technology was sentient
By Ramishah Maruf, CNN Google has fired the engineer who claimed an unreleased AI system had become sentient, the company confirmed, saying he…
Continue Reading This reporter tried to expose Harvey Weinstein’s crimes 20 years ago. His account is finally out
By Ramishah Maruf, CNN Long-time New Yorker media reporter Ken Auletta heard whispers of Harvey Weinstein’s sexual abuse of women 20 years ago…
Continue Reading ‘Nope’ is Jordan Peele’s latest No. 1 film at the box office
By Frank Pallotta, CNN Business “Nope,” Jordan Peele’s third movie, opened to an estimated $44 million this weekend in North…
Continue Reading Post-Covid, Elvis Presley’s Graceland bonds default
By Alexandra Peers, CNN Business “The Mississippi Delta is shining like a National guitar… And for reasons I cannot explain there’s…
Continue Reading What the Fed and Madonna have in common
By Nicole Goodkind, CNN Business Since its founding in 1913, the US Federal Reserve has fought to achieve three goals: maximum employment, stable…
Continue Reading Disney changes name of ‘Fairy Godmothers in Training’ in US theme parks to gender-neutral term to be more inclusive, company says
By Emma Tucker Disney’s “Fairy Godmothers in Training” who dress up children as princesses and knights in boutiques at its US theme…
Continue Reading Vince McMahon retires from WWE amid hush money investigation
By Frank Pallotta, CNN Business Vince McMahon, the former WWE chief executive, is retiring from the company, he said in a statement on Friday. The…
Continue Reading Cadillac thinks its hand-built electric car can take on Rolls-Royce
By Peter Valdes-Dapena, CNN Business Cadillac is going back into a market segment it hasn’t occupied in decades: the world of true ultra-luxury…
Continue Reading Volkswagen CEO to leave in surprise move
By Chris Isidore, CNN Business Volkswagen’s CEO is leaving his post in a surprise move, effective September 1. The company announced Friday…
Continue Reading FedEx is trimming Sunday delivery to US rural homes
By Chris Isidore, CNN Business FedEx’s Ground service will stop making Sunday deliveries to about 15% of the US homes it’s currently…
Continue Reading Rise in gasoline prices threatens social stability and food security in Latin America
By Stefano Pozzebon, CNN South American countries are bracing for an autumn of discontent, as spiking global fuel prices threaten to provoke more…
Continue Reading Why these ‘unretirees’ went back to work
By Kathryn Vasel, CNN Business In 2020, Joe DiPastena felt confident enough to retire earlier than planned. But by 2022, he was having second…
Continue Reading ‘Nope’ hopes to be Jordan Peele’s latest out-of-this-world hit
By Frank Pallotta, CNN Business Jordan Peele is hoping to go three-for-three at the box office. The director’s third movie, “Nope,”…
Continue Reading Recession warning: Some Americans are having trouble paying bills
By Paul R. La Monica, CNN Business Is America’s economy already in a recession? That’s a debate among central bankers, investors and…
Continue Reading Opinion: Without real solutions, renters will continue to be worse off
Opinion by Jung Hyun Choi and Daniel Pang for CNN Business Perspectives Over the past year, both rents and home prices have risen faster than…
Continue Reading You’re not the only one who’s confused about the economy. The experts are baffled, too
Martha C. White The recovery wasn’t supposed to go like this. Wall Street and Main Street alike are suffering from whiplash when it comes to…
Continue Reading