PR stunt or show of strength? Russia slashes interest rates
CNN, CNNBUSINESS By Mark Thompson and Clare Sebastian, CNN Business Russia slashed interest rates on Thursday as a resurgent ruble — buoyed by…
Continue ReadingCNN – Business/Consumer
European unity against Russia tested as talks on oil embargo drag on
CNN, CNNBUSINESS By Anna Cooban and James Frater, CNN Business Europe’s united front against Moscow is being put to the test as countries…
Continue Reading 100,000 Chinese officials attend emergency meeting to revive Covid-hit economy
CNN By Jessie Yeung, CNN Business China’s cabinet held an emergency meeting with more than 100,000 participants on Wednesday, according to…
Continue Reading Prices on almost everything at the grocery store are up – except rotisserie chicken. Here’s why
CNN, CNNBUSINESS By Nathaniel Meyersohn, CNN Business At the grocery store, shoppers have seen food prices increase at their fastest pace in decades.…
Continue Reading Ukraine has a message for Cloudflare and SAP: Get out of Russia now
CNN By Julia Horowitz, CNN Business Mykhailo Fedorov, Ukraine’s minister of digital transformation, hadn’t left the country since Russia…
Continue Reading Yeezy Gap postpones launch of Balenciaga collection after Texas school shooting
CNN By Parija Kavilanz, CNN Business Yeezy Gap has postponed the launch of its Balenciaga collection following the deadly shooting at a Texas…
Continue Reading 100,000 Chinese officials attend emergency meeting to revive Covid-hit economy
CNN By Jessie Yeung, CNN Business China’s cabinet held an emergency meeting with more than 100,000 participants on Wednesday, according to…
Continue Reading The West united against Russia. Will its nerve hold as prices soar?
CNN By Julia Horowitz, CNN Business When Ukrainian President Volodymyr Zelensky spoke by video to a packed room at the World Economic Forum in Davos,…
Continue Reading UK household energy bills set to rise by another 40%
CNN, CNNBUSINESS By Anna Cooban, CNN Business Brits are bracing for another huge hike in their energy bills, and pressure is mounting on the UK…
Continue Reading Markets are down, but these charts explain why investors shouldn’t panic
CNN By Nicole Goodkind, CNN Business What goes up must come down, and what goes bull must go bear. The conventional wisdom is that a bit of market…
Continue Reading Opinion: It’s time to prepare for a recession
CNN, CNNBUSINESS Opinion by Lakshman Achuthan and Anirvan Banerji for CNN Business Perspectives The economy is close to entering a recession, perhaps…
Continue Reading Global economy faces ‘its biggest test’ since WWII
CNN, CNNBUSINESS By Julia Horowitz, CNN Business The global economy is being brought to the edge of a precipice by crisis upon crisis. As the first…
Continue Reading Why Insider’s global editor-in-chief decided to publish the sexual harassment allegation against Elon Musk
CNN By Ramishah Maruf, CNN Business Elon Musk is going after Insider for publishing a story alleging he sexually harassed a flight attendant on a…
Continue Reading America needs more baby formula. Here’s why it’s so hard to make it
CNN By Parija Kavilanz, CNN Business Industry insiders have long feared a situation just like this: American parents are desperately seeking adequate…
Continue Reading Globalization is coming undone, and that’s a huge red flag
CNN, CNNBUSINESS By Allison Morrow, CNN Business One of the many buzzwords percolating around Davos this week is “fragmentation,” the…
Continue Reading ‘SNL’ says goodbye to Kate McKinnon and Pete Davidson
CNN By Frank Pallotta, CNN Business “Saturday Night Live” closed out its 47th season by saying goodbye to two of its most beloved cast…
Continue Reading People still call restaurants. Applebee’s is hiring someone else to answer
CNN By Danielle Wiener-Bronner, CNN Business Believe it or not, people still order takeout using the phone. Applebee’s doesn’t want to…
Continue Reading New home sales fell by nearly 17% in April as buying became even less affordable
CNN By Anna Bahney, CNN Business The double punch of high home prices and rising mortgage rates took a toll on sales of newly constructed homes in…
Continue Reading India, the world’s largest producer of sugar, is restricting exports
CNN By Diksha Madhok, CNN Business India has decided to restrict the sale of sugar on international markets, just days after it banned wheat exports.…
Continue Reading Russia is about to cut off Finland’s natural gas
CNN, AFPTV By Chris Liakos and Anna Cooban, CNN Business Russia is about to cut off natural gas supplies to a third European country that refuses to…
Continue Reading Stocks surge thanks to big rally for JPMorgan Chase and other banks
CNN, CNN BUSINESS By Paul R. La Monica, CNN Business Investors took a break from selling in May and going away, for one day at least. Stocks soared…
Continue Reading China needs Russian coal. Moscow needs new customers
CNN, CNNBUSINESS By Laura He, CNN Business China is buying record amounts of cheap Russian coal, even as Western nations slam Moscow with sanctions…
Continue Reading Female Afghan TV journalists describe a ‘psychological prison’ amid Taliban order to cover their faces on air
CNN By Christiane Amanpour, Jo Shelley, Ahmet Mengli and Maddie Araujo, CNN It’s a somber Thursday morning at TOLOnews, Afghanistan’s…
Continue Reading NHTSA investigates Tesla crash that killed three
CNN, WBNS, WSYX, WTTE By Matt McFarland, CNN Business The National Highway Traffic Safety Administration said Wednesday that it is investigating a…
Continue Reading
The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
CNN By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an…
Continue Reading The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
CNN By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an…
Continue Reading The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
CNN By Nathaniel Meyersohn, CNN Business In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York. The setting, an…
Continue Reading Retailers just sounded an alarm on inflation. It’s worth heeding
CNN, CNN BUSINESS By Julia Horowitz, CNN Business Shares of retailers were pummeled on Wednesday as investors dug through the latest earnings results…
Continue Reading Worst may not be over for the market. Stocks fall again
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business The 2022 stock market meltdown may not be over just yet. Stocks fell again Thursday, following…
Continue Reading World’s largest aircraft owner lost 113 planes to Russia due to sanctions
CNN: ABBOTT NUTRITION, HOUSE TV, SENATE TV, POOL, CNN By Chris Isidore, CNN Business AerCap Holdings, the aircraft leasing giant that is the…
Continue Reading