Lego will start building its bricks in the United States
CNN, CNNI By Jordan Valinsky, CNN Business Lego is planning to spend more than $1 billion to build a factory in the United States. The company…
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One more sign the housing market is cooling off
CNN, CNN BUSINESS By Anna Bahney, CNN Business Another indication the hot housing market is cooling off? New residential construction and the number…
Continue Reading What rising interest rates mean for you
CNN By Jeanne Sahadi, CNN Business In its continued bid to quash high inflation, the Federal Reserve on Wednesday raised the overnight bank lending…
Continue Reading Fed hikes interest rates by three-quarters of a percentage point in boldest move since 1994
CNN, POOL By Nicole Goodkind, CNN Business The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday in an…
Continue Reading The Federal Reserve passes the buck on inflation
CNN, CNNBUSINESS By Nicole Goodkind, CNN Business The mission of the Federal Reserve is to foster the stability of US monetary systems. It’s…
Continue Reading European Central Bank tries to ease fears of a debt crisis after bond ‘panic’
CNN By Clare Sebastian and Julia Horowitz, CNN Business The European Central Bank has tried to calm fears of a debt crisis by promising…
Continue Reading Joe Kahn takes over as the top editor of The New York Times
CNN By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Gas prices are rising, so it’s a good thing some vehicles are secretly hybrids
CNN, KOVR By Peter Valdes-Dapena, CNN Business With gas prices passing $5 a gallon in many places, drivers may wish that they had a hybrid vehicle.…
Continue Reading Key inflation measure slows slightly, but remains uncomfortably high
CNN, CNNBUSINESS By Chris Isidore, CNN Business A key inflation reading showed a glimmer of hope on Tuesday, revealing a slight slowdown in rising…
Continue Reading Key inflation measure slows slightly, but remains uncomfortably high
CNN By Chris Isidore, CNN Business A key inflation reading showed a glimmer of hope on Tuesday, revealing a slight slowdown in rising prices —…
Continue Reading Bonds are sending a stark message about the economy
CNN By Julia Horowitz, CNN Business Turmoil in stocks has been grabbing headlines. But warning signs are also flashing in global bond markets,…
Continue Reading America’s workers gained power during Covid. A volatile economy will put that to the test
CNN, CNNBUSINESS By Alicia Wallace, CNN Business The pandemic shone a spotlight on the vast disparities in benefits and rights among America’s…
Continue Reading Film about conservative news figure Matt Drudge is underway
CNN By Oliver Darcy, CNN Business A film about Matt Drudge is in the works. Prospect Park, the production company founded by entertainment industry…
Continue Reading Opinion: 3 signs the labor market isn’t as great as it looks
CNN Opinion by Beth Ann Bovino for CNN Business Perspectives As markets reel over fears that an inflation-induced recession is on the horizon, the…
Continue Reading Dow sinks 800 points and stocks enter bear market on worries of drastic rate hikes
CNN By David Goldman, CNN Business US stocks plunged into bear market territory Monday morning as Wall Street investors grew increasingly nervous…
Continue Reading Bitcoin plunges below $23,000 as the crypto meltdown continues
CNN, CNNBUSINESS By Anna Cooban, CNN Business Bitcoin and other cryptocurrencies continued to slide Tuesday as investors bailed out of risky assets…
Continue Reading Global markets fall after rough week on Wall Street; yen hits two-decade-low
CNN By Laura He and Mark Thompson, CNN Business Global markets and US stock futures fell early Monday, indicating a downbeat start to the trading…
Continue Reading ‘He believes in what he’s doing:’ Wife of detained Kremlin critic speaks out
CNN By Ramishah Maruf, CNN Writer Vladimir Kara-Murza is an outspoken critic of Vladimir Putin. He has made numerous television appearances,…
Continue Reading Average US gas price hits $5 for first time
CNN, KTVK, KPHO By Chris Isidore, CNN Business For the first time ever, a gallon of regular gas now costs $5 on average nationwide, according to…
Continue Reading January 6 prime-time hearing watched by more than 20 million
CNN, CNN BUSINESS By Brian Stelter, CNN Business More than 20 million TV viewers tuned in to Thursday’s prime-time presentation about the…
Continue Reading GM and Lockheed are expanding their moon buggy into a whole lunar lineup
CNN By Peter Valdes-Dapena, CNN Business General Motors and Lockheed announced last year they were teaming up to work on a new lunar rover that would…
Continue Reading A tampon shortage is the latest nightmare for women
CNN By Allison Morrow, CNN Business Supply chain problems and inflation have hit virtually all consumer goods, but women who menstruate are now…
Continue Reading Biden ally pushes Big Oil surtax to eliminate ‘perverse’ incentives to price gouge
CNN, CNNBUSINESS By Matt Egan, CNN Democratic Sen. Ron Wyden is drawing up a surtax on Big Oil that would seek to rein in the industry’s…
Continue Reading Pay attention to this number in today’s US inflation report
CNN, CNNBUSINESS By Julia Horowitz, CNN Business The latest data on consumer prices in the United States showed that annual inflation unexpectedly…
Continue Reading Stitch Fix is laying off 15% of its salaried employees
CNN, CNNBUSINESS By Nathaniel Meyersohn, CNN Business Online clothing retailer Stitch Fix will lay off 15% of its salaried staff — around 330…
Continue Reading How Chris Pratt went from ‘Parks and Recreation’ to ‘Jurassic World’
CNN By Frank Pallotta, CNN Business “Jurassic World: Dominion” hits theaters this weekend, and it features one of the most successful…
Continue Reading President Biden talks gun control with Jimmy Kimmel for his first in-person late night appearance
CNN By Frank Pallotta, CNN Business President Joe Biden made his first in-person appearance on a late night talk show when he stopped by “Jimmy…
Continue Reading Opinion: Black consumers like me want change — not Juneteenth-branded products
CNN Opinion by Lisa Osborne Ross for CNN Business Perspectives During a recent visit to Minneapolis, a colleague and I stopped by Cup Foods, the…
Continue Reading Exxon’s stock is back from the dead
CNN By Julia Horowitz, CNN Business For years, ExxonMobil struggled to court investors as fears about the climate crisis and criticism of its…
Continue Reading Which Jurassic Park film has roared loudest at the ticket booth?
CNN By Frank Pallotta, CNN Business “Jurassic World: Dominion,” the latest film in the Jurassic Park franchise, stomps into theaters this…
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