Why a social media app is dragging the market lower
By Julia Horowitz, CNN Business An average 347 million people use Snapchat every day. That’s a fraction of the nearly 2 billion daily active…
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Germany bails out its biggest natural gas importer
By Anna Cooban, CNN Business The German government has stepped in to bail out one of its biggest energy companies — the latest casualty of…
Continue Reading As more coupons move online, older and low-income shoppers get left out
By Nathaniel Meyersohn, CNN Business Susie Ingram has been a coupon-clipper all her life. “It has saved me a lot of money over the…
Continue Reading China extends property loans at the fastest pace in three years as mortgage crisis spreads
By Laura He, CNN Business China’s banking regulator has pledged to boost lending to help developers finish stalled property projects and boost…
Continue Reading To infinity and beyond: Mattel announces toy deal with SpaceX
By Chiara Grimes, CNN Business Mattel, Inc. announced Wednesday that it has entered into a multi-year, worldwide agreement with SpaceX to create a…
Continue Reading How to invest like Warren Buffett during a recession
By Nicole Goodkind, CNN Business Between 2020 and 2022, stocks shot toward the moon. This year, they’ve been jettisoned back to Earth. The…
Continue Reading Domino’s is still struggling to get pizza to your house
By Danielle Wiener-Bronner, CNN Business Domino’s is still struggling with delivery. “The delivery business continued to be more…
Continue Reading Tesla dumped a big chunk of its bitcoin holdings. Should you?
By Paul R. La Monica, CNN Business Bitcoin prices were cooling off Thursday following a big spike in the past week. And it appears Elon Musk might be…
Continue Reading Mortgage rates tick higher again as recession fears loom
By Anna Bahney, CNN Business Mortgage rates ticked higher for the second week in a row as more economic indicators flashed warning signs of an…
Continue Reading American and United airlines return to profitability
By Chris Isidore, CNN Business American and United airlines both reported their first operating profit since the start of the pandemic, as strong…
Continue Reading Netflix’s vision for the future of streaming: More expensive or less convenient
By Frank Pallotta, CNN Business Netflix lost roughly a million customers last quarter — the most in the company’s 25-year history. But it…
Continue Reading The European Central Bank raises rates for the first time in 11 years
By Julia Horowitz, CNN Business In a bold attempt to get inflation under control, the European Central Bank on Thursday announced it would hike its…
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Have you recently shifted from part-time to full-time work?
Workers aren’t settling for part-time work nearly as often as they used to. The number of workers employed in part-time jobs because they…
Continue Reading Workers aren’t having to settle for part-time work any more
By Chris Isidore, CNN Business Part-time work has become a lot less popular, both with job seekers and employers. The number of workers who are…
Continue Reading Europe’s historic inflation fight begins now
By Julia Horowitz, CNN Business The European Central Bank is about to raise interest rates for the first time in 11 years as it attempts to put a lid…
Continue Reading Rents hit another record high. But it’s still a better deal than buying in most US cities
By Anna Bahney, CNN Business Rents hit another record high in June, putting more pressure on renters. But with the costs associated with buying a…
Continue Reading China fines Didi $1.2 billion for violating cybersecurity and data laws
By Yong Xiong, Larry Register and Laura He, CNN Business China’s cyberspace regulator fined Didi Global just over 8 billion yuan ($1.2 billion)…
Continue Reading Russian gas is flowing to Europe again over the crucial Nord Stream 1 pipeline
By Irene Nasser and Yong Xiong, CNN Business Gazprom has resumed gas shipments through the Nord Stream 1 pipeline, a vital artery linking…
Continue Reading India’s top court grants bail to Muslim journalist accused of insulting Hindus
By Esha Mitra and Rhea Mogul, CNN Muslim journalist Mohammed Zubair has been freed from jail on the order of India’s Supreme Court after he was…
Continue Reading Tesla earnings fall on hit from China Covid surge
By Chris Isidore, CNN Business Lockdowns caused by the Covid surge in China caused sales and profits to fall at Tesla compared to the first three…
Continue Reading US Postal Service says at least 40% of new delivery trucks will be electric
By Matt McFarland, CNN Business The US Postal Service said Wednesday that at least 40% of its new delivery vehicles will be electric, up from the 10%…
Continue Reading These are the keys to 401(k) investing success in a falling market
By Jeanne Sahadi, CNN Business There really was no place for 401(k) investors to hide in the first half of this year. Even though their portfolios…
Continue Reading This airline is launching electronic bag tags to speed up airport check-in
By Jennifer Korn, CNN Business Alaska Airlines is rolling out electronic bag tags in an effort to speed up the airport check-in process for…
Continue Reading The CEO of Goldman Sachs is worried about a recession
By Paul R. La Monica, CNN Business The CEO of one of America’s largest banks is worried inflation will remain problematic for a while longer…
Continue Reading Europe’s economy is in dire straits. This week presents a crucial test
By Julia Horowitz, CNN Business Europe’s economy, which accounts for almost a fifth of the world’s output, is facing its toughest test…
Continue Reading Opinion: The painful market selloff should be over soon
Opinion by Mark Zandi for CNN Business Perspectives The stock market is having a rough go. Since hitting an all-time high on the first trading day of…
Continue Reading Moms are crossing borders in search of baby formula
By Parija Kavilanz, CNN Business For one group of workers, the baby formula shortage is a multi-pronged crisis that threatens not only the well-being…
Continue Reading Home prices hit an all-time high, even as sales continue to slow
By Anna Bahney, CNN Business Home prices hit a new all-time high in June, even as home sales declined for the fifth straight month as a lack of…
Continue Reading Nearly ‘zero revenue’: Macao’s casinos were burning millions a day. Then came a lockdown
By Michelle Toh, CNN Business Macao’s casinos have been bleeding hundreds of millions of dollars a month during the pandemic. Now a prolonged…
Continue Reading Netflix finally told investors what they want to hear. Now comes the hard part
By Julia Horowitz, CNN Business It wasn’t long ago that Wall Street would have bristled at such grim news out of Netflix: Between April and…
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