Americans ramp up credit card usage as high prices continue to bite
By Alicia Wallace, CNN Business Americans are continuing to lean on credit cards and loans, as consumer credit surged by $38 billion in April amid…
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By Alicia Wallace, CNN Business Americans are continuing to lean on credit cards and loans, as consumer credit surged by $38 billion in April amid…
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By Chris Isidore, CNN Business No matter where you live in the United States, gas prices are uncomfortably high. Filling up a car for $60, $70 or $80…
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By Allison Morrow, CNN Business The agency that oversees Wall Street is weighing major changes to the way millions of everyday investors buy and sell…
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By Paul R. La Monica, CNN Business You can add the World Bank to the growing chorus sounding recession alarm bells. In its latest outlook, World Bank…
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By Nathaniel Meyersohn, CNN Business Kohl’s may soon have a new owner. Kohl’s said late Monday that it had entered into a three-week…
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By Matt Egan, CNN Business US Treasury Secretary Janet Yellen conceded on Tuesday that inflation is at “unacceptable levels,” but she…
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By Tami Luhby and Tal Yellin, CNN The white-hot labor market has driven up wages faster than at any time since the mid-1980s, as employers struggle…
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By Matt Egan, CNN Business High oil and gasoline prices will need to rise even higher this summer to incentivize new production and discourage…
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By Nathaniel Meyersohn, CNN Business Target is stuck with too much home decor and too many TVs. To clear out the glut, it will ramp up discounts. The…
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Opinion by Ralph Izzo for CNN Business Perspectives Russia’s move to cut off natural gas supplies to Poland and Bulgaria, and more recently…
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By Allison Morrow, CNN Business Despite all the buzz about the “Great Resignation” and a renaissance for the working classes in America,…
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By Julia Horowitz, CNN Business Foreign investors lost their nerve on parking money in China over the past year, as Beijing cracked down on the…
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By Michelle Toh, CNN Business KFC has been forced to make menu changes again in Australia, as the fast food chain is hit with shortages of key…
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By Laura He, CNN Business Shares in Chinese tech companies have surged this week on hopes that Beijing is close to ending a yearlong regulatory…
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By Oliver Darcy, CNN Business The Washington Post has suspended reporter David Weigel for one month without pay for retweeting a sexist joke, two…
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By Jordan Valinsky, CNN Business Wendy’s is adding a new Frosty to its lineup — its first new flavor in nearly three years. Beginning Monday,…
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By Paul R. La Monica, CNN Business This year has so far been miserable for investors in social media companies. Shares of Facebook and Instagram…
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By Chris Isidore, CNN Business Russia’s invasion of Ukraine is a major reason that US drivers are paying record prices for gasoline. But…
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By Nicole Goodkind, CNN Business The pandemic brought a wave of new investors into the stock market. And now those newbies are facing their first…
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By Chris Isidore, CNN Business Tesla may not be cutting staff after all. That’s according to a tweet from its ever-mercurial CEO Elon Musk —…
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By Zoe Sottile, CNN Tattooed crew members at British airline Virgin Atlantic are now welcome to show off their ink while in uniform. The airline…
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Opinion by Karin Kimbrough for CNN Business Perspectives Young workers who entered the US job market in the throes of the pandemic in 2020 faced an…
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By Matt Egan The gas price spike keeps getting worse. The national average jumped to $4.87 a gallon on Monday, according to AAA. That’s up 25…
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By Julia Horowitz, CNN Business Late last week, Microsoft — the second largest public company in the United States — leveled with its investors.…
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By Anna Cooban, CNN Business Thousands of UK workers are starting a four-day work week from Monday with no cut to their pay in the largest trial of…
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By Michelle Toh, CNN Business Didi’s regulatory nightmare in China may be nearly over. That’s according to the Wall Street Journal, which…
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By Kathleen Magramo, CNN A television commercial for a male body spray has been taken off the air in India, after critics said it made light of gang…
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By Ramishah Maruf, CNN When Bob Woodward and Carl Bernstein published their groundbreaking Watergate reporting that led to the resignation of former…
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By Ramishah Maruf, CNN Starbucks workers at an Ithaca, New York, store claim their location is being shut down in retaliation for their union…
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By Frank Pallotta, CNN Business A week after taking off at the box office, “Top Gun: Maverick” is still flying high. The sequel to the…
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