Oil CEOs call for ‘tone shift’ from White House on finger-pointing over gas prices
CNN By Matt Egan, CNN Business The oil industry pushed for an easing of tensions and a dialing back of finger-pointing from the White House during a…
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Tesla posts rare drop in sales in second quarter
CNN, CNN BUSINESS By Chris Isidore, CNN Business Covid lockdowns in China resulted in a rare drop in production and sales for Tesla in the second…
Continue Reading How Americans cope with inflation: Less gas, lots of frozen pizza and cheap coffee
CNN By Parija Kavilanz, CNN Business Americans are cutting back at the gas pump — and not just the amount of fuel they put in their tanks.…
Continue Reading Price cap on Russian oil could shake up the market
CNN, CNNBUSINESS By Julia Horowitz, CNN Business Europe and the United States have barred the import of Russian oil to cut off a crucial revenue…
Continue Reading The US economy shrank 1.6% in the first quarter, adding to recession fears
CNN By Alicia Wallace, CNN Business The US economy shrank at a slightly faster rate than previously estimated during the first quarter, the Bureau of…
Continue Reading Who decides if the US is in a recession? Eight economists you’ve never heard of
CNN By Nicole Goodkind, CNN Business Prominent Wall Street economists like Mark Zandi, investing luminaries like ARK Invest’s Cathie Wood and…
Continue Reading Wheat down payments and free hogs: How Chinese developers are trying to sell homes
CNN By Laura He, CNN Business Some Chinese property developers are going to extreme lengths to attract buyers. From accepting grain or garlic as part…
Continue Reading Ex-Trump adviser calls for lifting Trump tariffs on China
CNN By Matt Egan, CNN Business Former Trump economic official Gary Cohn is in favor of President Joe Biden lifting some Trump-era tariffs imposed on…
Continue Reading Beyoncé’s new song is an anthem for the Great Resignation
CNN Lucy Bayly, CNN Business Federal Reserve Chairman Jerome Powell wants to increase joblessness in the US in order to save the economy. But…
Continue Reading Stephen Colbert explains staff arrests at Capitol: ‘This was first-degree puppetry’
CNN By Frank Pallotta, CNN Business “How was your weekend? I certainly had an interesting one because some of my staff had a memorable…
Continue Reading Elon Musk’s child tells court she no longer wants ‘to be related’ to her dad
CNN, BAY NEWS 9 (SPECTRUM NEWS) By Chris Isidore, CNN Business One of Elon Musk’s children has petitioned a California court to recognize her…
Continue Reading Rail strikes and labor shortages are hurting UK economy
CNN By Anna Cooban, CNN Business The United Kingdom has a jobs problem. There just aren’t enough workers to keep its economy moving forward,…
Continue Reading The dream of owning a home is out of reach for 4 million Americans
CNN By Alicia Wallace, CNN Business The record run-up in home prices and rents exacerbated the affordable housing crisis in the US, and rising…
Continue Reading Already strained supply chain at risk in ongoing port labor talks
CNN By Chris Isidore, CNN Business More tieups at West Coast ports are just about the last thing the US economy needs right now. Delays caused by a…
Continue Reading Behind the Associated Press’ decision to appoint a democracy editor: ‘This is a very crucial beat’
CNN By Clare Duffy, CNN Business Last week, the Associated Press announced the creation of an unusual new position: a democracy editor. Tom Verdin…
Continue Reading Pixar’s ‘Lightyear’ fizzles at the box office
CNN By Frank Pallotta, CNN Business “Lightyear” wasn’t able to get enough buzz at the box office this weekend. The latest film from…
Continue Reading Opinion: The Black-White homeownership gap is wider than it was in the ’60s. Here’s how to close it
CNN, CNN BUSINESS Opinion by Jonathan Reckford and Lisa Rice for CNN Business Perspectives It is ironic and fitting that every June, our nation…
Continue Reading Mark Shields, political analyst on CNN and PBS ‘NewsHour,’ dies at 85
CNN By Brian Stelter and Nicole Goodkind, CNN Mark Shields, the political sage and longtime analyst for CNN and PBS, died Saturday morning at the age…
Continue Reading How to make the most of your time with the boss
CNN, CNN BUSINESS By Kathryn Vasel, CNN Business Getting face time with your boss is an important part of progressing in your career, so you need to…
Continue Reading Vince McMahon takes ‘Smackdown’ stage after misconduct allegations emerge
CNN, CNNBUSINESS By Frank Pallotta, CNN Business Vince McMahon is in the middle of a corporate firestorm, but he still opened the company’s…
Continue Reading Revlon files for bankruptcy
CNN By Jordan Valinsky, CNN Business Revlon, the 90-year-old cosmetics giant, filed for Chapter 11 bankruptcy protection because of its crippling…
Continue Reading 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…
Continue Reading 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…
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