CNN - business/consumer Archives

Why inflation can actually be good for everyday Americans and bad for rich people

December 1, 2021 8:41 AM CNN

CNN By Allison Morrow, CNN Business No one likes paying more for stuff. That’s why inflation, especially the sharp price increases we’ve…

Toys “R” Us is opening a new store … again

December 1, 2021 8:26 AM CNN Newsource

By Jordan Valinsky, CNN Business Toys “R” Us is opening a new store about a year after a planned relaunch of its brick-and-mortar…

Market volatility continues

December 1, 2021 7:29 AM CNN Newsource

Investors were spooked by Omicron and the Federal Reserve could be prepared to roll back stimulus measures faster than planned because of persistent inflation

The Fed’s high-wire act just got even more perilous

December 1, 2021 6:25 AM CNN Newsource

By Julia Horowitz, CNN Business Investors were spooked by the discovery of the new Omicron variant of the coronavirus. Now, they’re contending…

Workers install solar panels on the roof of a fish processing plant in China's Zhejiang Province in November.

Renewables are being installed at top speed — but still far too slow to fix the planet, energy watchdog says

November 30, 2021 11:05 PM CNN Newsource

By Kara Fox, CNN Business Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of…

Alec Baldwin sat down with ABC News for his first formal interview since discharging a prop firearm that killed a crew member and injured another on the set of "Rust."

Alec Baldwin sits down with ABC News after fatal ‘Rust’ shooting

November 30, 2021 6:14 PM CNN Newsource

By Chloe Melas and Oliver Darcy, CNN Alec Baldwin sat down with ABC News for his first formal interview since discharging a prop firearm that killed…

Sky high home prices push Fannie Mae and Freddie Mac to back loans of nearly $1 million

November 30, 2021 3:31 PM CNN Newsource

By Anna Bahney, CNN Business Home prices across the US have seen stratospheric increases within the past year as demand for homes spiked and…

Labor group says Amazon massively underreported Covid cases contracted at work

November 30, 2021 2:56 PM CNN Newsource

By Chris Isidore, CNN Business Amazon had at least 20,000 employees test positive for Covid-19 last year. But it reported that only 27 of those cases…

As retailers struggle with tighter inventory and plenty of out of stock products heading into the peak gift-buying period

Kiss those juicy post-holiday clearance sales goodbye

November 30, 2021 11:49 AM CNN Newsource

By Parija Kavilanz, CNN Business If you’re the kind of shopper who holds out for the bigger and better year-end deals after Christmas, you…

The broader market has pulled back as worries about the Omicron variant of Covid-19 have rattled investors' confidence

Omicron and the Fed might finally kill this bull market

November 30, 2021 11:37 AM CNN Newsource

By Paul R. La Monica, CNN Business So much for a year-end Santa Claus rally? The broader market has pulled back in the past week as worries about the…

According to the S&P CoreLogic Case-Shiller national home price index

Home prices jumped 19.5% in September

November 30, 2021 11:34 AM CNN Newsource

By Anna Bahney, CNN Business Home prices rose 19.5% in September compared to a year ago, according to the S&P CoreLogic Case-Shiller national…

Just when US airlines thought they were on the verge of profitability again

The pandemic will continue to rage as long as the WTO keeps bickering over vaccine rules

November 30, 2021 11:24 AM CNN Newsource

Opinion by Joseph Stiglitz and Lori Wallach for CNN Business Perspectives If international organizations are subject to karma, last week’s…

Travel is back, but Omicron could change everything

November 30, 2021 11:17 AM CNN Newsource

By Chris Isidore, CNN Business Just when US airlines thought they were on the verge of profitability again, along came the Omicron variant to put…

Jerome Powell: The Fed may wind down its stimulus sooner than expected

November 30, 2021 10:49 AM CNN Newsource

By Anneken Tappe, CNN Business The Federal Reserve might end its pandemic-era stimulus sooner than expected, Chairman Jerome Powell told the Senate…

The Federal Trade Commission says its ordering Amazon

Amazon, Walmart and the world’s biggest retailers are making port congestion and pollution worse, new report finds

November 30, 2021 10:36 AM CNN Newsource

By Moira Ritter, CNN Business The supply chain is facing major blockages, and container ships are heaping pollution into communities near the…

The FTC wants information from Amazon, Walmart and other giant stores about empty shelves and rising prices

November 30, 2021 9:39 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business The Federal Trade Commission said Monday that it is ordering Amazon, Walmart, Kroger, Procter & Gamble,…

Annual inflation across the 19 countries that use the euro

European inflation hits 24-year high as energy prices surge

November 30, 2021 9:08 AM CNN Newsource

By Walé Azeez, CNN Business European consumer prices are rising at their fastest pace since 1997. Annual inflation across the 19 countries that use…

Anti-Defamation League and Auschwitz Museum condemn Fox host for comparing Fauci to Nazi doctor who performed medical experiments at death camp

November 30, 2021 9:07 AM CNN Newsource

By Oliver Darcy, CNN Business Lara Logan, a Fox News personality and host on its streaming service, was condemned by prominent Jewish groups and the…

Market volatility continues

November 30, 2021 8:15 AM CNN

Microsoft chairman and CEO Satya Nadella

Microsoft CEO Satya Nadella sells more than $285 million in Microsoft stock

November 30, 2021 7:27 AM CNN Newsource

By Paul R. La Monica, CNN Business It looks like Tesla’s Elon Musk isn’t the only high profile CEO getting rid of shares in the company…

CNN – business/consumer