How long will inflation last? The answer lies in the past
By Nicole Goodkind, CNN Business The Federal Reserve’s favorite inflation-related adjective used to be transitory, as in: Inflation is…
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‘SNL’ takes on Roe v. Wade and abortion laws
By Frank Pallotta, CNN Business Heading into the final month of its season, “Saturday Night Live” took on the biggest story of the week:…
Continue Reading Elon Musk aims to quintuple Twitter’s revenue to $26.4 billion by 2028, NYT says
Reuters Elon Musk is aiming to increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times…
Continue Reading Covid hit Nashville hard. Now the performing arts are staging a comeback
By Alicia Wallace, CNN Business Photographs by William DeShazer for CNN When the pandemic hit the US in March 2020, concert halls fell silent, stages…
Continue Reading Hot Wheels launches first remote-controlled wheelchair toy in partnership with Paralympian
By Zoe Sottile, CNN Hot Wheels is expanding representation for kids who use wheelchairs — with the company’s first-ever remote-controlled…
Continue Reading To save itself, Netflix might have to play nice with an industry it battled for years
By Frank Pallotta, CNN Business Netflix is still reeling from its stock plunge last month after losing subscribers for the first time in more than a…
Continue Reading These young Black influencers eat, sleep and shoot videos at a mansion near Atlanta. Together they have 30 million followers
Story by Faith Karimi, CNN Video by Lacey Russell, CNN Photographs by Lynsey Weatherspoon/Redux for CNN The gray mansion with white trim stands out…
Continue Reading Wait, Trader Joe was a real guy?
By Nathaniel Meyersohn, CNN Business Turns out Trader Joe was a real guy, and his shrewd instincts led him to create a counter-culture grocery…
Continue Reading Politico’s exclusive on Roe v. Wade was most-viewed story in outlet’s history
By Oliver Darcy, CNN Business Politico’s explosive scoop about a draft opinion revealing that the Supreme Court had voted to overturn Roe v.…
Continue Reading Defense Dept. tried to block Esper from revealing Trump floated launching missiles into Mexico to ‘destroy’ drug labs
By Oliver Darcy, CNN Business The Department of Defense fought to prevent Mark Esper, the former secretary of defense, from revealing in his…
Continue Reading Consumer debt soared by $52 billion in March
By Alicia Wallace, CNN Business Americans are racking up debt at record rates. Consumer debt levels for March 2022 climbed by $52.4 billion, an…
Continue Reading Starbucks says it’s ‘deeply concerned’ White House met union without them
By Danielle Wiener-Bronner, CNN Business Starbucks isn’t pleased that the White House left management out of a meeting with union…
Continue Reading Wall Street is fed up with Under Armour, Nike and Adidas
By Nathaniel Meyersohn, CNN Business Tripped-up supply chains and a coronavirus surge in China are causing headaches for top athletic brands. Under…
Continue Reading The stock market is afraid, but there are pockets of strength if you know where to look
By Paul R. La Monica, CNN Business Investors are very nervous about what’s next for America’s economy, with market fear gauges spiking.…
Continue Reading These ‘boomerang’ employees went back to their old jobs. They tell us why
By Kathryn Vasel With the job market still going strong, millions of workers have switched jobs in the past year. In March, a record 4.5 million…
Continue Reading A recession may be around the corner. Don’t panic
By Allison Morrow, CNN Business Around the world, warning signs of a recession are flashing. Wall Street is on edge. Central banks are hiking…
Continue Reading ‘Doctor Strange’ conjures a big opening day as theaters prep for a vital summer
By Frank Pallotta, CNN Business After the pandemic pummeled its business, the movie industry is counting on a comeback. The good news for theaters is…
Continue Reading Dow falls again as Wall Street rout continues
By Paul R. La Monica, CNN Business Stocks ended the day lower in a volatile session Friday. A solid jobs report was not enough to fully convince…
Continue Reading The Fed doubters are back
By Julia Horowitz, CNN Business This newsletter yesterday highlighted warnings that market enthusiasm after the Federal Reserve’s latest…
Continue Reading Adidas reports nearly 40% drop in profits. Here’s why
By Anna Cooban, CNN Business Adidas on Friday blamed poor sales in China for a sharp drop in first quarter profit. The German sportswear giant…
Continue Reading Ukrainian startup is bringing school to displaced students
By Parija Kavilanz, CNN Business Russia’s continuing assault in Ukraine has devastated the country and the lives of millions of its citizens.…
Continue Reading America added 428,000 jobs in April
By Anneken Tappe, CNN Business After an electric economic recovery from the pandemic, the job market is showing signs of returning to normal.…
Continue Reading Shipping delays are back as China’s lockdowns ripple around the world
By Laura He, CNN Business Global shipping was just starting to recover from the chaos of the pandemic. Now port congestion and delays are back and…
Continue Reading Global markets rattled by Wall Street and China’s zero-Covid pledge
By Laura He and Mark Thompson, CNN Business Global markets slid Friday after Wall Street suffered its worst day of the year. Major European indexes…
Continue Reading Elizabeth Warren is worried about Fidelity’s plan to offer bitcoin in 401(k)s
By Jeanne Sahadi, CNN Business Bitcoin is notoriously volatile. But it may also prove politically vexing for Fidelity, which is getting blowback from…
Continue Reading Dow plunges more than 1,000 points in Wall Street’s worst day of the year
By Nicole Goodkind, CNN Business So much for the good feelings on Wall Street. US markets fell sharply Thursday, marking their worst day of the year…
Continue Reading Airbnb CEO: Current office designs are outdated
By Kathryn Vasel, CNN Business Airbnb recently told employees they can work remote permanently, but when they do return to the office it’ll…
Continue Reading Opinion: Europe should call Russia’s bluff on energy
Opinion by Paul Hockenos for CNN Business Perspectives Russia’s announcement last week that it was halting all gas deliveries to Poland and…
Continue Reading Europe is planning to ditch Russia’s oil. Will it go after its gas?
By Anna Cooban, CNN Business Europe has finally proposed a ban on Russian oil, but has again stopped short of using its most potent weapon —…
Continue Reading The Fed could have trouble avoiding a double-dip recession
By Paul R. La Monica, CNN Business The Federal Reserve finally seems prepared to whip inflation. The last time the Fed faced surging prices like…
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