What’s next for Twitter now that Elon Musk wants out?
By Ramishah Maruf, CNN After announcing he wants out of his deal to buy Twitter, Elon Musk spent the weekend in Idaho at the Sun Valley Conference.…
Continue ReadingCNN-Business-Consumer
‘Thor: Love and Thunder’ nabs a mighty box office opening for Marvel
By Frank Pallotta, CNN Business The God of Thunder still has some pop. “Thor: Love and Thunder,” the latest film in the Marvel Cinematic…
Continue Reading Bank earnings could be ugly. Here’s what to look for
By Nicole Goodkind, CNN Business Earnings season is upon us once again! It’s just like the holiday season except instead of presents and sweets…
Continue Reading US ports saw record imports this spring, as port workers’ contract expires
by Vanessa Yurkevich, CNN Another record breaking number of imports passed through the US’s major container ports this spring — showing…
Continue Reading Why Campbell Soup hated, then embraced, Andy Warhol’s soup can paintings
by Alexandra Peers, CNN Business Sixty years ago today, the pop artist Andy Warhol unveiled a wall of 32 Campbell Soup can paintings at a Los Angeles…
Continue Reading Nobody likes self-checkout. Here’s why it’s everywhere
By Nathaniel Meyersohn, CNN Business “Unexpected item in the bagging area.” “Please place item in the bag.” “Please…
Continue Reading Ford and VW-backed self-driving company shuts down DC operations
By Matt McFarland, CNN Business Argo AI, the self-driving company backed by Ford and Volkswagen, is shutting down its Washington, DC operation as…
Continue Reading You’re much more likely to buy an EV if you’ve ever had a ride in one
By Peter Valdes-Dapena, CNN Business The percentage of Americans who say they would “definitely buy” an electric vehicle has more than…
Continue Reading WWE’s Vince McMahon paid $12 million in hush money to multiple women, report says
By Frank Pallotta, CNN Business Former WWE chief executive Vince McMahon paid more than $12 million to four women to cover up “allegations of…
Continue Reading ‘Thor: Love and Thunder’ hopes to jolt a rebounding theater industry
By Frank Pallotta, CNN Business Two years ago, movie theaters were suffering through the pandemic and many in Hollywood wondered if going to the…
Continue Reading Germany’s biggest landlord turns down the heat as Russian gas shortage bites
By Michelle Toh, CNN Business Germany’s biggest landlord will turn down the heat for hundreds of thousands of residents in the coming months as…
Continue Reading US will plunge into recession — but it didn’t have to, former IMF chief economist says
By Christine Romans, CNN Business It’s “almost impossible” for the Fed to tamp down inflation without tipping the US economy into a…
Continue Reading GameStop fires its CFO and looks to cut staff
By Chris Isidore, CNN Business GameStop has fired its chief financial officer and is preparing to make cuts to its staff. Shares of the…
Continue Reading Why Costco’s $1.50 hot dog combo and 99-cent Arizona iced tea still cost the same
By Nathaniel Meyersohn, CNN Business The highest rate of inflation in decades has forced businesses to raise prices on food and other products once…
Continue Reading Why inflation isn’t always bad for the stock market
By Nicole Goodkind, CNN Business If you follow markets news, you’ve probably seen a few hundred headlines this year akin to: “Stocks…
Continue Reading The economy added 372,000 jobs in June, outpacing expectations
By Alicia Wallace, CNN Business The US economy added 372,000 jobs in June, an unexpected boost in hiring and a signal that the labor market…
Continue Reading China says India risks scaring away investors with raids on its companies
By Diksha Madhok, CNN Business India risks damaging its reputation among foreign investors with its “frequent investigations” into…
Continue Reading Prince Harry wins early victory in libel lawsuit against UK’s Mail on Sunday tabloid
By Lauren Said-Moorhouse and Lauren Kent, CNN Business Parts of a tabloid article alleging that Prince Harry tried to keep a legal challenge against…
Continue Reading Black and Hispanic Americans are getting hit harder by inflation. Here’s why
By Tami Luhby, CNN Many Americans are struggling to cope with higher prices for food, gas, housing and other essentials. But inflation has taken an…
Continue Reading Opinion: 4 ways governments can encourage businesses to meaningfully lower their carbon emissions
Opinion by Henry Fernandez for CNN Business Perspectives If the world hopes to limit the increase in global temperatures to 1.5 degrees Celsius —…
Continue Reading American Airlines is tripling pilots’ pay after a scheduling glitch left thousands of flights without pilots
By Chris Isidore, CNN Business American Airlines has agreed to pay its pilots triple their normal rate after a computer scheduling glitch left…
Continue Reading Pringles wants a spider named after it
By Jordan Valinsky, CNN Business Pringles and spiders are probably two things you don’t associate with each other — until now. The…
Continue Reading Friday’s jobs report could be telling as recession worries mount
By Alicia Wallace, CNN Business Economic uncertainty and recession fears have yet to take the shine off a robust labor market, but investors and…
Continue Reading GameStop shares are about to get much cheaper
By Jordan Valinsky, CNN Business GameStop shares will soon lose three quarters of their value. But don’t worry: It’s good news for…
Continue Reading Mortgage rates see largest decline since 2008
By Anna Bahney, CNN Business Mortgage rates dropped for the second week in a row, notching the largest decline since December, 2008. The 30-year…
Continue Reading Boris Johnson leaves an economic mess for his successor to fix
By Mark Thompson, CNN Business Boris Johnson was ultimately forced to resign as UK prime minister Thursday as dozens of members of his party quit the…
Continue Reading Cotton’s plunge: Recession warning or just another market mess?
By Nicole Goodkind, CNN Business Cotton: it’s the touch, the feel, the fabric of our lives. It’s also in the middle of what economists…
Continue Reading Tesla is beginning to recover in China with a sharp rebound in sales
By Laura He, CNN Business After a miserable couple of months in China, Tesla posted a sharp rebound in sales in June in its most important…
Continue Reading Last Muslim lawmaker leaves India’s ruling party
By Rhea Mogul and Swati Gupta, CNN The last remaining Muslim lawmaker in India’s ruling Bharatiya Janata Party has resigned, leaving the party…
Continue Reading ‘Stranger Things’ is ending, but a spinoff is in the works
By Frank Pallotta, CNN Business “Stranger Things” is coming to an end, but its upside-down stories will live on. Both a live-action…
Continue Reading