CNN-Business-Consumer Archives

Buckle up: The Fed is about to get tough on inflation

April 21, 2022 5:09 AM CNN Newsource

By Paul R. La Monica, CNN Business Last month, the Federal Reserve raised interest rates for the first time since December 2018. Now there are…

Some big Indian businesses are joining the exodus from Russia

April 21, 2022 4:25 AM CNN Newsource

By Diksha Madhok, CNN Business Two of India’s biggest businesses are moving away from Russia, even as Prime Minister Narendra Modi refrains…

His house was demolished because he is Muslim, he says

April 20, 2022 10:34 PM CNN Newsource

By Kashif Kakvi, Rhea Mogul and Esha Mitra, CNN Shahdullah Baig stands among the rubble of what was once his modest two-bedroom home, his belongings…

The Obamas and Spotify won’t ink a new podcasting deal

April 20, 2022 6:27 PM CNN Newsource

By Oliver Darcy, CNN Business Spotify and the Obamas are headed for a split. The streaming service and former first family will not be inking a new…

Tesla record profit blows away estimates

April 20, 2022 2:21 PM CNN Newsource

By Chris Isidore, CNN Business Tesla has posted record profits once again, overcoming supply chain issues that have dogged the broader auto industry…

Texas judge delays Sandy Hook trial after Alex Jones’ companies filed for bankruptcy protection

April 20, 2022 2:20 PM CNN Newsource

By Oliver Darcy, CNN Business A Texas judge on Wednesday postponed a trial that will determine how much right-wing conspiracy theorist Alex Jones…

Amtrak dumps its nice guy persona in fight for Gulf Coast trains

April 20, 2022 1:06 PM CNN Newsource

By Matt McFarland, CNN Business Amtrak is embroiled in a fight that may have vast implications for the future of US rail service, including the…

Netflix’s world has been turned upside down as stock plunges 35%

April 20, 2022 11:29 AM CNN Newsource

By Frank Pallotta, CNN Business Call Eleven and Sheriff Hopper of “Stranger Things,” because Netflix’s world has been turned upside…

Home prices hit another record high in March

April 20, 2022 9:26 AM CNN Newsource

By Anna Bahney, CNN Business Home prices hit an all-time high in March as buyers scrambled to close deals before mortgage rates rise even further.…

The dos and don’ts of the modern resume

April 20, 2022 9:04 AM CNN Newsource

By Kathryn Vasel Your resume can be the first impression you make with a potential employer. So you want to put your best foot forward when crafting…

Opinion: Get ready for crowded planes and higher fares this summer

April 20, 2022 7:59 AM CNN Newsource

Opinion by Philip Baggaley for CNN Business Perspectives Ever since Covid-19 nearly shut down travel two years ago, US airlines and travelers have…

Russian billionaire Oleg Tinkov blasts Putin’s ‘insane war’ in Ukraine

April 20, 2022 6:22 AM CNN Newsource

By Clare Sebastian and Chris Liakos, CNN Oleg Tinkov, the billionaire founder of a big Russian digital bank, has blasted Russia’s “insane…

Netflix’s collapse is a warning sign for stocks

April 20, 2022 6:19 AM CNN Newsource

By Julia Horowitz, CNN Business Shares of Netflix are imploding after the company reported its first quarterly loss of subscribers in more than a…

BMW reveals its new $120,000 electric flagship

April 20, 2022 6:11 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Electric vehicles, with their need for lots of expensive batteries, have often trended towards luxury. Electric…

This controversial rule is ruining Hong Kong’s status as an aviation hub

April 20, 2022 5:10 AM CNN Newsource

By Michelle Toh, Jake Kwon and Lizzy Yee, CNN Business Hong Kong’s Covid-19 curbs are continuing to severely limit travel into the city, with…

US lawmakers are warming up to the cannabis industry

April 20, 2022 5:04 AM CNN Newsource

By Alicia Wallace, CNN Business April is typically a pretty eventful month for the cannabis industry, with 4/20 celebrations bringing abundant…

This measure of German inflation just hit its highest level since 1949

April 20, 2022 5:01 AM CNN Newsource

By Anna Cooban, CNN Business The price of goods leaving German factories has passed an eye-watering milestone. German annual producer price inflation…

Here’s what to look for in Tesla’s earnings

April 20, 2022 3:02 AM CNN Newsource

By Chris Isidore, CNN Business Tesla shareholders have been spending a lot of time following CEO Elon Musk’s grand play to buy Twitter. Come…

Tesla shareholders try to get Elon Musk to just stop

April 19, 2022 4:31 PM CNN Newsource

By Ramishah Maruf, CNN Elon Musk wants everyone to believe he really did have the money secured to take Tesla private back in 2018. But a group suing…

Halo Top’s new ice cream recipe lets you skip the microwave thaw

April 19, 2022 2:23 PM CNN Newsource

By Danielle Wiener-Bronner, CNN Business No more microwaving your Halo Top light ice cream. At least, that’s one goal of the new recipe —…

These states have posted the most dramatic post-pandemic job gains

April 19, 2022 2:19 PM CNN Newsource

By Alicia Wallace, CNN Business More than a dozen US states reached or exceeded their pre-pandemic employment levels in March, and more than…

Netflix just lost $50 billion in market cap

April 19, 2022 2:17 PM CNN Newsource

By Frank Pallotta, CNN Business Netflix’s bad 2022 just got much worse. After shares tanked earlier this year because of concerns over its…

Volkswagen is coming for Tesla. Here’s how it plans to dominate the US market

April 19, 2022 12:36 PM CNN Newsource

By Nicole Goodkind, CNN Business Volkswagen is gunning for Tesla. Tesla is still king, with over 936,000 electric vehicles sold in 2021 and a share…

The magic is gone for Disney investors

April 19, 2022 11:17 AM CNN Newsource

By Paul R. La Monica, CNN Business Disney investors aren’t having as awful a year as Netflix shareholders. But that’s not saying much.…

Gas prices are creeping higher again

April 19, 2022 10:01 AM CNN Newsource

By Matt Egan, CNN Business Prices at the pump have stopped falling from their recent highs — and some forecasters are warning of another uptick as…

Popeyes plans to open 200 new stores in North America this year

April 19, 2022 9:02 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business Popeyes has big expansion plans for 2022. The chicken chain is set to open more than 200 new locations in…

So you missed the tax-filing deadline. Now what?

April 19, 2022 8:24 AM CNN Newsource

By Jeanne Sahadi, CNN Business Most people who are required to file 2021 tax returns will have done so by the official filing due date —…

New York Times names Joe Kahn as executive editor

April 19, 2022 7:24 AM CNN Newsource

By Brian Stelter, CNN Business Joe Kahn, the managing editor of The New York Times, will succeed Dean Baquet as executive editor in June. Kahn, a…

IMF says Russia’s war in Ukraine will ‘severely set back’ global economy

April 19, 2022 7:00 AM CNN Newsource

By Julia Horowitz, CNN Business The International Monetary Fund has slashed its expectations for global economic growth over the next two years…

The world may dodge another recession. But risks are growing

April 19, 2022 5:48 AM CNN Newsource

By Julia Horowitz, CNN Business As the World Bank and the International Monetary Fund kick off their spring meetings this week, both are sounding a…