Electric cars don’t need better batteries. America needs better charging networks
By Peter Valdes-Dapena, CNN Business With electric cars, people often talk about “range anxiety,” and how cars with bigger batteries and…
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The trial between Twitter and Elon Musk now has a date
By Catherine Thorbecke, CNN Business Twitter’s lawsuit against Elon Musk over his move to terminate their $44 billion acquisition agreement…
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How to recession-proof your life amid economic uncertainty
By ADRIANA MORGA and CORA LEWIS The Associated Press NEW YORK (AP) — Prices for gas, food and rent are soaring. The Federal Reserve has raised…
Continue Reading HOOD-winked? Investors not celebrating one year after Robinhood’s IPO
By Paul R. La Monica, CNN Business It’s been one year since Robinhood went public. And to say that the online broker’s performance has…
Continue Reading ‘Absolutely sure’ US economy is not in recession, economist says
By Matt Egan, CNN Business The American economy is losing steam and is vulnerable to sinking into a recession but it’s not in one yet,…
Continue Reading How to recession-proof your life amid economic uncertainty
By ADRIANA MORGA and CORA LEWIS The Associated Press NEW YORK (AP) — Prices for gas, food and rent are soaring. The Federal Reserve has raised…
Continue Reading The online ad market is in decline and it’s dragging down tech giants with it
By Clare Duffy, CNN Business Much of contemporary Silicon Valley was built on advertising dollars. That dependence made even the most powerful…
Continue Reading Opinion: The January 6 hearings will have a bigger impact than Watergate
Opinion by Bill Carter for CNN Business Perspectives Almost 50 years ago, fresh out of school, I was transfixed by the coverage of the famous…
Continue Reading What a recession could mean for you
By Jeanne Sahadi, CNN Business Will there be a recession? And, if so, just how bad will it be for my finances? Those questions are looming large for…
Continue Reading P&G’s sales climb in Q4, but cautious on fiscal 2023 outlook
By MICHELLE CHAPMAN AP Business Writer Procter & Gamble’s sales rose 3% in the fiscal fourth quarter, but the world’s largest consumer…
Continue Reading Workers’ wages continue to climb, but not as fast as inflation
By Tami Luhby, CNN Employers continued hiking workers’ pay at a brisker-than-expected pace, but the increases still weren’t enough to…
Continue Reading Inflation and wage data suggest US prices will keep climbing
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Inflation surged in June and workers’ average wages accelerated in the spring…
Continue Reading The Fed’s preferred inflation measure set a new 40-year high in June
By Alicia Wallace, CNN Business Another key measure of inflation set a fresh 40-year high in June, a month marked by record-high gas prices. The…
Continue Reading The strange reason America’s economy is shrinking
By Julia Horowitz, CNN Business When you think about a shrinking economy, what comes to mind? Factories shutting down. A wave of job losses and few…
Continue Reading $2,245.62 a second: ExxonMobil scores enormous profit on record gas prices
By Chris Isidore, CNN Business ExxonMobil and Chevron both reported record massive profits thanks to record gasoline prices during the quarter.…
Continue Reading Opinion: The types of jobs to look for (and avoid) during a recession
Opinion by Lakshman Achuthan and Anirvan Banerji for CNN Business Perspectives A couple of months ago, when the consensus outlook for the economy was…
Continue Reading US rules out summer COVID boosters to focus on fall campaign
By MATTHEW PERRONE and LAURAN NEERGAARD Associated Press WASHINGTON (AP) — U.S. regulators said Friday they are no longer considering authorizing a…
Continue Reading Navy expedites waterborne drones to close gap with China
By DAVID SHARP Associated Press Facing a growing threat from China, the Navy envisions drone ships keeping an electronic eye on enemy forces across…
Continue Reading Zelenskyy visits port as Ukraine prepares to ship out grain
By INNA VARENYTSIA Associated Press ODESA, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy has visited a Black Sea port to watch crews…
Continue Reading Unprecedented profit for major oil drillers as prices soared
By CATHY BUSSEWITZ AP Energy Writer NEW YORK (AP) — Oil companies swam in record profits over the last few months at a time when Americans…
Continue Reading Cold showers and no lights: How one German city is fighting Russia’s energy battle
By Nadine Schmidt and Lauren Kent in London The German city of Hanover has banned hot water in public buildings and has introduced measures to reduce…
Continue Reading Europe’s economy surprisingly grew last quarter, easing recession fears (for now)
By Anna Cooban and Julia Horowitz, CNN Business Europe’s economy grew unexpectedly in the second quarter of this year, allaying concerns —…
Continue Reading Inflation hits record 8.9% in euro area, but economy grows
By COURTNEY BONNELL and COLLEEN BARRY AP Business Writers LONDON (AP) — Inflation in the European countries using the euro currency shot up to…
Continue Reading Fire at Moscow hostel with bars on windows kills 8
MOSCOW (AP) — Russian officials say a fire killed eight people in a Moscow hostel where bars on the windows prevented occupants from escaping. The…
Continue Reading So are we in a recession, or not?
By Nicole Goodkind and Tal Yellin, CNN If you’re confused about whether the US economy is in a recession, you’re not alone. On one hand,…
Continue Reading Sony sees profit rise despite waning interest in video games
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Sony has reported its profit edged up 3% in the last quarter, weathering production setbacks from…
Continue Reading China’s top leaders have gone silent on the country’s economic goals
By Laura He, CNN Business China’s top leadership has gone quiet on the growth targets it had set for the year, as the world’s…
Continue Reading Stocks rally again, close out best month since Nov. 2020
By ALEX VEIGA AP Business Writer Stocks racked up more gains Friday as Wall Street closed out its best month since November 2020, a welcome breather…
Continue Reading China’s Xi warns Biden over Taiwan, calls for cooperation
By JOE McDONALD Associated Press BEIJING (AP) — President Xi Jinping warned against meddling in China’s dealings with Taiwan during a phone call…
Continue Reading Senate deal should make it easier to buy electric vehicles
By TOM KRISHER AP Auto Writer DETROIT (AP) — The surprise deal by Senate Democrats on a slimmed-down bill to support families, boost infrastructure…
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