Credit Suisse CEO blasts ‘really stupid’ takeover rumor
By Paul R. La Monica, CNN Business Most chief executive officers, when asked if their firm is for sale, would give a boring, lawyer-approved response…
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Freeport LNG explosion raises risk of European winter energy crisis
By Anna Cooban, CNN Business A fire at one of the world’s biggest suppliers of liquefied natural gas has thrown Europe’s fragile energy…
Continue Reading Trump’s Air Force One plan has a paint problem (among many other issues)
By Chris Isidore, CNN Business The two new Air Force One jets currently being built by Boeing are facing costly delays. Now there is a new potential…
Continue Reading Beware: The companies that hold your crypto aren’t insured the way banks are
By Jeanne Sahadi, CNN Business The latest “crypto winter,” which sent the values of Bitcoin and other digital currencies plummeting,…
Continue Reading Manhattan median rent hits new high of $4,000 a month
By Anna Bahney, CNN Business Rents keep climbing in Manhattan, hitting a record high in May for the fourth consecutive month. Median rent for an…
Continue Reading 220 CEOs demand immediate action from the Senate to reduce gun violence
By Christine Romans, CNN Business More than 200 business leaders, representing employees in all 50 states, sent a joint letter to the Senate on…
Continue Reading Mortgage rates jump, jacking up monthly payments for new buyers
By Anna Bahney, CNN Business After taking a breather for several weeks, mortgage rates climbed again. The 30-year, fixed-rate mortgage averaged 5.23%…
Continue Reading Sheryl Sandberg’s Meta departure is the death knell for Lean In
By Nicole Goodkind, CNN Business The Covid-19 pandemic changed the nature of work in innumerable ways, some of which may not be fully discerned for…
Continue Reading European Central Bank confirms plans for first rate hike in 11 years
By Anna Cooban and Julia Horowitz, CNN Business The European Central Bank held off on raising interest rates on Thursday, but confirmed plans for a…
Continue Reading Could stock trading fees make a comeback?
By Julia Horowitz, CNN Business In recent years, brokerages such as Robinhood and Charles Schwab have let users buy and sell stocks online without…
Continue Reading How Chris Pratt went from ‘Parks and Recreation’ to ‘Jurassic World’
By Frank Pallotta, CNN Business “Jurassic World: Dominion” hits theaters this weekend, and it features one of the most successful movie…
Continue Reading Janet Yellen: Stimulus spending contributed only modestly to inflation
By Matt Egan, CNN Business Treasury Secretary Janet Yellen on Wednesday defended the Biden administration’s 2021 stimulus package against…
Continue Reading Wall Street’s top cop proposes massive changes to the stock market
By Allison Morrow, CNN Business The agency that oversees Wall Street has proposed major changes to the way millions of everyday investors buy and…
Continue Reading Fannie and Freddie unveil plans to tackle the racial homeownership gap
By Anna Bahney, CNN Business Mortgage giants Freddie Mac and Fannie Mae announced Wednesday a series of actions that aim to make it easier to buy a…
Continue Reading META alert! Facebook’s old FB stock ticker is no more
By Paul R. La Monica, CNN Business If you want to find the stock price of Mark Zuckerberg’s company, typing the familiar “FB”…
Continue Reading Wall Street’s blank-check boom has gone bust
By Paul R. La Monica, CNN Business The once hot blank-check merger trend is fading fast. The stock market has been cratering so far this year —…
Continue Reading President Biden talks gun control with Jimmy Kimmel for his first in-person late night appearance
By Frank Pallotta, CNN Business President Joe Biden made his first in-person appearance on a late night talk show when he stopped by “Jimmy…
Continue Reading Rising prices are pushing shoppers to dollar stores
By Nathaniel Meyersohn, CNN Business The Great Recession in 2008 pushed struggling Americans to rely more heavily on dollar stores and prompted other…
Continue Reading Opinion: Black consumers like me want change — not Juneteenth-branded products
Opinion by Lisa Osborne Ross for CNN Business Perspectives During a recent visit to Minneapolis, a colleague and I stopped by Cup Foods, the…
Continue Reading Treasury bans Americans from buying Russian stocks and bonds
By Matt Egan, CNN Business The Biden administration has issued new investment restrictions that prohibit Americans from buying Russian stocks and…
Continue Reading An electric car finally makes financial sense
By Peter Valdes-Dapena, CNN Business Gas prices that keep going up by the day have got a lot of people thinking about buying an electric vehicle.…
Continue Reading Buy now, pay later users in the UK are racking up debt to pay off their debts
By Anna Cooban, CNN Business The growing trend of buying things now but paying for them later is creating a debt trap for many shoppers in the United…
Continue Reading EU lawmakers support banning gasoline car sales by 2035 in key vote
By Angela Dewan, CNN Members of the European Parliament voted Wednesday to ban the sale of new combustion engine cars by 2035, in what would be one…
Continue Reading The CEO who fired 900 people over Zoom is accused of misleading investors
By David Goldman, CNN Business Vishal Garg, the Better.com CEO who fired 900 employees over Zoom just before Christmas, has been sued by a former…
Continue Reading Why gas prices are near $5 a gallon and how high they’ll go
By Chris Isidore, CNN Business Another day, another record for US gas prices. The US average for the price of a gallon of regular gas hit $4.96…
Continue Reading Exxon’s stock is back from the dead
By Julia Horowitz, CNN Business For years, ExxonMobil struggled to court investors as fears about the climate crisis and criticism of its business…
Continue Reading Job scams are on the rise. Watch out for these red flags
By Kathryn Vasel, CNN Business The strong labor market has given us near record low unemployment, higher wages — and an unfortunate uptick in…
Continue Reading Nike is shutting down its Run Club app in China
By Michelle Toh, CNN Business Nike is deactivating its Run Club app in China, becoming the latest Western company to reconfigure its business in the…
Continue Reading Which Jurassic Park film has roared loudest at the ticket booth?
By Frank Pallotta, CNN Business “Jurassic World: Dominion,” the latest film in the Jurassic Park franchise, stomps into theaters this…
Continue Reading Washington Post executive editor attempts to rein in newsroom amid infighting: ‘We will enforce our policies’
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
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