CNN-Business-Consumer

By Paul R. La Monica, CNN Business Uber CEO Dara Khosrowshahi said at a Bloomberg event earlier this month that he thinks the ridesharing and food…

By Nathaniel Meyersohn, CNN Business Decades-high inflation is changing US consumers’ grocery habits. Kroger, the nation’s largest…

By Anna Bahney, CNN Business Another indication the hot housing market is cooling off? New residential construction and the number of permits issued…

By Frank Pallotta, CNN Business Vince McMahon, the CEO of WWE, is being investigated by the company’s board for agreeing to pay a secret $3…

By Frank Pallotta, CNN Business Pixar is one of the most popular brands in animation as well as one of the most important studios in Disney’s…

By Jordan Valinsky, CNN Business Revlon, the 90-year-old cosmetics giant, filed for Chapter 11 bankruptcy protection because of its crippling debt…

By Julia Horowitz, CNN Business Central banks are racing to stay on top of rapidly changing economic and financial conditions as they try to contain…

By Jordan Valinsky, CNN Business Lego is planning to spend more than $1 billion to build a factory in the United States. The company announced…

By Anna Cooban, CNN Business The United Kingdom’s central bank has hiked interest rates for a fifth time since December in a bid to tame…

By Nathaniel Meyersohn, CNN Business The Covid-19 pandemic was expected to turn us all into permanent online shoppers, never to set foot in physical…

By Julia Horowitz, CNN Business The European Union’s embargo on 90% of the oil it imports from Russia is the toughest punishment it’s…

By Laura He, CNN Business European markets and US stock futures fell Thursday, a day after the Fed got tough on inflation with its biggest rate hike…

By Anna Bahney, CNN Business Mortgage rates are climbing, home sales are dropping and some of the nation’s largest real estate companies are…

By Nicole Goodkind, CNN Business The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday in an aggressive move…

By Anna Cooban, CNN Business Europe’s natural gas supply has suffered its third blow in 48 hours, sending prices rocketing 42% higher from…

By Matt Egan, CNN Business High inflation and rising recession risks are darkening the mood in the manufacturing industry. Fifty-nine percent of…

By Nicole Goodkind, CNN Business Cryptocurrency is having a terrible week. And it’s only Wednesday. Still, long-term investors are shrugging…

By Chris Isidore, CNN Business The high cost of gas and food is causing US consumers to pull back spending on other items, suggesting a slowdown in…

By Matt McFarland, CNN Business The National Highway Traffic Safety Administration released on Wednesday nine months of crash data from vehicles…

By Chris Isidore, CNN Business Ford is recalling 2.9 million vehicles that might not shift into the correct gear and could move in an unintended…

By Anna Cooban, CNN Business Bitcoin continues to tumble this week to trade just above $20,000 on Wednesday as the cryptocurrency sell-off shows…

By Julia Horowitz, CNN Business The Federal Reserve knows it needs to demonstrate that it can get inflation under control — and fast. What’s…

By Diksha Madhok, CNN Business Indian billionaire Mukesh Ambani has now added a massive cricket deal to his empire. A venture backed by Ambani has…

By Laura He, CNN Business China’s economy showed some signs of improvement in May, but retail sales contracted for a third month in a row,…

By Clare Sebastian and Julia Horowitz, CNN Business The European Central Bank has tried to calm fears of a debt crisis by promising…