CNN-Business-Consumer Archives

US gas prices are just pennies away from an all-time high

March 7, 2022 8:11 AM CNN Newsource

By Chris Isidore, CNN Business Gas prices continued to climb Monday, rising to just short of a record high. At their skyrocketing pace, the price per…

Iran’s ally Russia may spoil nuclear talks to keep oil price high

March 7, 2022 7:56 AM CNN Newsource

By Abbas Al Lawati and Nadeen Ebrahim, CNN A revival of the 2015 Iran nuclear deal appeared to be imminent by the end of last week. The main parties…

Oil is up 60% this year. How high can prices go?

March 7, 2022 5:49 AM CNN Newsource

By Julia Horowitz, CNN Business The run-up in oil prices since Russia invaded Ukraine has been dramatic. But analysts and traders think the recent…

Despite Russia’s restrictions on the press, ‘time is on the side of liberty,’ Radio Free Europe CEO says

March 6, 2022 9:05 PM CNN Newsource

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

Stocks sink and oil prices soar as US and allies consider Russian import ban

March 6, 2022 7:36 PM CNN Newsource

By Laura He, CNN Business Stocks are tumbling on Monday as oil prices soared above $120 barrel to their highest level in 13 years, raising fears…

American Express suspends operations in Russia and Belarus

March 6, 2022 3:56 PM CNN Newsource

By Ramishah Maruf, CNN Business American Express is the latest credit card company to announce it is ending its operations in Russia as its invasion…

Here’s how CNN verifies social media footage from the war zone

March 6, 2022 12:41 PM CNN Newsource

By Ramishah Maruf, CNN Social media videos have played a critical role in CNN’s coverage of Russia’s invasion in Ukraine. But how does…

‘The Batman’ soars to a big box office opening

March 6, 2022 9:13 AM CNN Newsource

By Frank Pallotta, CNN Business Theaters needed a hero, and they got one in a big way this weekend. “The Batman” — which stars Robert…

Best Buy founder: What every US college should teach their students

March 6, 2022 8:36 AM CNN Newsource

Opinion by Richard M. Schulze for CNN Business Perspectives The value of a college education has come under scrutiny in recent years. With average…

War in Ukraine has sparked a scramble for dollars

March 6, 2022 6:50 AM CNN Newsource

By Julia Horowitz, CNN Business The US dollar serves as the backbone of the global economy and is considered the safest currency to hold. So in times…

‘SNL’ kicks off with a Fox News ‘Ukrainian Invasion Celebration Spectacular’

March 5, 2022 10:29 PM CNN Newsource

By Frank Pallotta, CNN Business “Saturday Night Live” kicked off this week’s episode with a Fox News “Ukrainian Invasion…

IMF warns of economic fallout to Ukraine invasion

March 5, 2022 2:24 PM CNN Newsource

By Ramishah Maruf, CNN The International Monetary Fund said it would bring Ukraine’s request for $1.4 billion in emergency financing to its…

The Russian Tea Room in New York City suffers as Ukraine invasion escalates

March 5, 2022 11:30 AM CNN Newsource

By Kunyi Yang, CNN Business The Russian Tea Room is a 100-year-old New York City icon that has long drawn in locals and tourists alike. In its…

Stoli vodka announces rebrand

March 5, 2022 9:44 AM CNN Newsource

By Ramishah Maruf, CNN The maker of Stolichnaya vodka announced a major rebrand Friday, in direct response to its founder’s “vehement…

Higher food prices and slumping trade. How the war in Ukraine could hit Africa

March 5, 2022 8:11 AM CNN Newsource

By Nimi Princewill, CNN As Russian troops tear through Ukraine, swathes of Africa are gearing up to bear the brunt of a potentially drawn-out…

JCPenney and Tide tried to get rid of coupons. It was a disaster

March 5, 2022 7:33 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Clipping coupons is an American pastime. Reality shows devoted to extreme couponers have become sensations. But…

The US will now break out jobs data for Native Americans

March 5, 2022 7:20 AM CNN Newsource

By Alicia Wallace, CNN Business In May 2020, the Bureau of Labor Statistics delivered the worst US jobs report on record: 20.5 million jobs had been…

The surprising reason perfume prices are skyrocketing

March 5, 2022 7:17 AM CNN Newsource

By Parija Kavilanz, CNN Business The price of premium perfumes recently soared by levels typically never seen for luxury fragrances. But don’t…

China sets lowest economic growth target in decades as challenges mount

March 5, 2022 2:04 AM CNN Newsource

By Laura He, CNN Business China has set its lowest official target for economic growth in three decades. Speaking during one of China’s most…

Turn down the heat to stop Putin? Europe wrestles with its Russian gas addiction

March 4, 2022 10:05 PM CNN Newsource

By Angela Dewan, CNN When you turn on the heating in your home, you may not think much about where your energy comes from, let alone where the money…

CNN, BBC, and others suspend broadcasting from Russia after Putin signs law limiting press

March 4, 2022 8:05 PM CNN Newsource

By Oliver Darcy, CNN Business Russian President Vladimir Putin’s creeping authoritarianism got a lot more overt on Friday when he signed a…

This Toyota just sold for $2.5 million

March 4, 2022 1:39 PM CNN Newsource

By Peter Valdes-Dapena, CNN Business A Toyota sold at a Florida collector car auction Friday for $2.5 million. As you might guess, this was not your…

Stellantis CEO: Halting Russia business hurts workers, not Putin

March 4, 2022 12:41 PM CNN Newsource

By Peter Valdes-Dapena, CNN Business Stellantis, the maker of Dodge and Jeep vehicles, has a factory in Russia. But it has not announced plans to…

What Russia’s invasion of Ukraine could mean for the US economic recovery

March 4, 2022 11:59 AM CNN Newsource

Opinion by Mark Zandi for CNN Business Perspectives Painfully high inflation has become the nation’s number one economic problem, ignited by…

How to manage your money amid global unrest

March 4, 2022 10:24 AM CNN Newsource

By Jeanne Sahadi, CNN Business With Russia’s internationally condemned invasion of Ukraine, one thing is certain: No one knows exactly how…

Fantasy author’s surprise new book series sets Kickstarter record

March 4, 2022 10:10 AM CNN Newsource

By Frank Pallotta, CNN Business Brandon Sanderson, the prolific fantasy author, broke the record for the most-funded Kickstarter recipient by…

‘The Batman’ wants to save Gotham, and movie theaters too

March 4, 2022 9:30 AM CNN Newsource

By Frank Pallotta, CNN Business “The Batman” opens this weekend and theaters are hoping this blockbuster film will help the industry…

400 Family Dollar stores closed after a rat infestation. It’s part of a troubling pattern

March 4, 2022 9:21 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business The conditions described by the US Food and Drug Administration at a Family Dollar warehouse in West Memphis,…

Disney+ is adding a cheaper subscription tier

March 4, 2022 9:02 AM CNN Newsource

By Frank Pallotta, CNN Business Disney+ is creating an ad-supported tier for its streaming service to ramp up its growing subscriber base. Though…

More Russian media outlets close as Moscow cracks down

March 4, 2022 8:37 AM CNN Newsource

By Anna Cooban, CNN Business The number of independent media voices Russians can read and watch is dropping fast. Russian authorities have restricted…