HSBC’s biggest shareholder reignites debate about breaking up the bank
By Michelle Toh, CNN Business HSBC has long prided itself on being the bank that connects East and West. Now it’s under pressure to rethink…
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Popeyes reveals a new twist on its chicken sandwich
By Danielle Wiener-Bronner, CNN Business Popeyes started the chicken sandwich wars in 2019 — and it’s adding a new entree to the battle. The…
Continue Reading BP profit more than doubles on ‘exceptional’ oil trading
By Mark Thompson, CNN Business BP took a hit of more than $24 billion from ditching its business in Russia but reported a huge jump in profit for the…
Continue Reading These numbers are bad news if you’re trying to buy or refinance a house
By Paul R. La Monica, CNN Business Bad news for anyone trying to buy a house or refinance an existing loan: The yield on the benchmark 10-year US…
Continue Reading The S&P is having its worst start to a year since 1939
By Paul R. La Monica, CNN Business The S&P 500 fell more than 13% between January and April of this year. That’s the worst four-month…
Continue Reading Germany will support an EU oil embargo on Russia
By Mark Thompson, CNN Business Germany is ready to support a European ban on imports of Russian oil, and won’t be “blackmailed” by…
Continue Reading China silences prominent market analyst as economic slump deepens
By Laura He, CNN Business Chinese social media have shut down the accounts of a prominent market analyst who drew attention in recent weeks to the…
Continue Reading Opinion: The Fed can’t afford to make the wrong moves again
Opinion by Desmond Lachman for CNN Business Perspectives Economist Milton Friedman famously taught us that monetary policy operates with long and…
Continue Reading Spirit rejects JetBlue’s offer, saying it wants less lucrative deal with Frontier
By Chris Isidore, CNN Business Spirit Airlines said it will stick with its deal with Frontier Airlines, rejecting a more lucrative competing offer…
Continue Reading Why the food crisis sparked by Russia’s war hasn’t hit Gulf states yet
By Nadeen Ebrahim, CNN When Russia’s invasion of Ukraine triggered an international food crisis, some Middle Eastern importers were hit…
Continue Reading Investing ethically won’t buy protection in this market
By Julia Horowitz, CNN Business As the economy began bouncing back from the coronavirus pandemic, interest in investment products that promoted good…
Continue Reading America will recover all jobs lost during Covid by this summer, Fitch says
By Matt Egan, CNN Business The United States is rapidly approaching a major jobs milestone that highlights the historically strong economic recovery…
Continue Reading ‘It’s unimaginable:’ Committee to Protect Journalists president on press dangers
By Ramishah Maruf, CNN Reporting can be a risky profession, and in many parts of the world, it is becoming more dangerous than ever. This year to…
Continue Reading Here’s how much more you’ll pay for summer camp this year. It’s not pretty
By Parija Kavilanz, CNN Business Prices are going up for everything from food and cars to gas and clothes. Now, families can add summer camps to that…
Continue Reading Buffett says Berkshire’s success is more about being ‘sane’ than ‘smart’
By Paul R. La Monica, CNN Business Warren Buffett’s Berkshire Hathaway has beaten the broader market so far this year. But the Oracle of Omaha…
Continue Reading Opinion: No one knew who James Corden was. Then he made ‘The Late Late Show’ a huge success
Opinion by Bill Carter for CNN Business Perspectives Every time a host leaves an established late-night show, the guessing game begins: Who will be…
Continue Reading Has inflation reached a peak? Three signs that prices could soon come down
By Nicole Goodkind, CNN Business Inflation is at a 40-year high, and Americans are feeling it. A gallon of gas costs about double what it cost in…
Continue Reading How Jay-Z inspired this Real Housewife’s new bourbon
By Jordan Valinsky, CNN Business For fans of “The Real Housewives of New York City,” Bluestone Manor was more than home — it was…
Continue Reading LongHorn Steakhouse honors employee who grilled 1 million steaks
By Zoe Sottile, CNN There’s a new grill master in town, just in time for grilling season. Gayle Dudley, a longterm employee at a LongHorn…
Continue Reading Up to a quarter million Ford Explorers recalled for rollaway risk
By Ramishah Maruf, CNN Up to a quarter million Ford Explorers are being recalled due to a mechanical problem that can cause the SUV to roll away…
Continue Reading Tropicana wants you to pour orange juice on cereal
By Yenny Sanchez, CNN Looking for a juicy alternative to oat bran and milk? Tropicana is introducing a new cereal that’s made specifically for…
Continue Reading Why car shopping is so bizarre in the United States
By Peter Valdes-Dapena, CNN Business The way we buy cars in America is just weird. Just think about it for a moment. When you want to buy a…
Continue Reading Ikea’s restaurants were failing. Then it turned to Swedish meatballs
By Nathaniel Meyersohn, CNN Business Ikea is known for sprawling showrooms, cheap flat-pack furniture and, of course, Swedish meatballs. The retail…
Continue Reading Electric car startups want to avoid same fate as Britain’s 1890s bike bubble
By Matt McFarland, CNN Business Amazon and Ford reported this week they lost a combined $12.3 billion in the last three months due to their…
Continue Reading Nasdaq wraps its worst month in nearly 14 years as recession fears grow stronger
By Nicole Goodkind, CNN Business US stocks plunged on Friday, with the Nasdaq marking its worst month since October 2008 and the S&P notching…
Continue Reading Inflation spurs record decline in workers’ wages and benefits
By Tami Luhby, CNN Skyrocketing inflation is robbing Americans of their raises. Total compensation costs for civilian workers declined 3.7% over the…
Continue Reading Putin keeps the ruble surging as Russia makes 11th-hour effort to avoid default
By David Goldman, CNN Business Russian President Vladimir Putin’s efforts to support the ruble continue to pay off — and then some.…
Continue Reading How to get a reference when you’re new to the job market
By Kathryn Vasel, CNN Business You’ve made it through the interviews and now a potential employer is asking for references. But if you’re…
Continue Reading The Fed’s favorite inflation measure hit a fresh 40-year high
By Anneken Tappe, CNN Business Americans had to reach deeper into their pockets in March, as yet another key inflation index showed prices hit a…
Continue Reading Warren Buffett fans have plenty to cheer this weekend
By Paul R. La Monica and Nicole Goodkind, CNN Business Berkshire Hathaway investors are set to descend on Omaha, Nebraska, for the company’s…
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