Credit card interest rates are climbing. Here’s how to tackle your debt
Interest rates are climbing this year on all kinds of consumer debt, and that’s bad news for those who carry a credit card…
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Amid global turmoil, superyachts are selling more than ever. Here’s why
The world is in turmoil. The specter of global conflict lurks on the horizon. Energy prices are putting the squeeze on millions. Covid lingers. But…
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How Spam became cool again
By Nathaniel Meyersohn, CNN Business Spam is cool. The 85-year-old canned block of meat has undergone a cultural reinvention. Hormel has sold a…
Continue Reading Tesla robot slowly walks on stage at AI Day
By Matt McFarland, CNN Business Tesla revealed on Friday a prototype of a humanoid robot that it says could be a future product for the automaker.…
Continue Reading Florida farms are underwater and without power, pushing back critical planting season
By Vanessa Yurkevich, CNN Business About 15% of Nick Wishnatzki’s 650-acre family strawberry farm sustained damage from Hurricane Ian. His…
Continue Reading Florida farms are underwater and without power, pushing back critical planting season
CNN By Vanessa Yurkevich, CNN Business About 15% of Nick Wishnatzki’s 650-acre family strawberry farm sustained damage from Hurricane Ian. His…
Continue Reading Florida reporter describes what it has been like to cover Ian’s destruction: Areas are ‘completely decimated’
By Oliver Darcy, CNN Business Daniel Glaun woke up on Thursday morning not knowing whether or not his home had fallen victim to Hurricane Ian. Glaun,…
Continue Reading Dow suffers worst month since March 2020
By Paul R. La Monica, CNN Business September was a horrible month for stocks. The Dow fell nearly 9%, its worst monthly drop since March 2020, when…
Continue Reading Americans are still weighed down by high inflation, though sentiment is improving
By Tami Luhby and Alicia Wallace, CNN Americans are feeling more positive about the economy and believe inflation will settle down — but plenty of…
Continue Reading Europe faces ‘scary situation’ following mysterious pipeline leaks, former US regulator says
CNN By Matt Egan The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe’s massive energy vulnerabilities,…
Continue Reading Europe faces ‘scary situation’ following mysterious pipeline leaks, former US regulator says
By Matt Egan The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe’s massive energy vulnerabilities, former…
Continue Reading Another major brand is discounting its extra inventory
By Nathaniel Meyersohn, CNN Business Add Nike to the list of brands and stores discounting excess merchandise to clear it off shelves. Nike said…
Continue Reading Hurricane Ian could be Florida’s costliest storm ever
CNN By Chris Isidore, CNN Business Hurricane Ian may have caused as much as $47 billion in insured losses, according to the latest estimate, which…
Continue Reading Hurricane Ian could be Florida’s costliest storm ever
By Chris Isidore, CNN Business Hurricane Ian may have caused as much as $47 billion in insured losses, according to the latest estimate, which could…
Continue Reading Spanx names a new CEO
By Parija Kavilanz, CNN Business Spanx, a brand founded by shapewear pioneer Sara Blakely, has named Kim Jones her successor as CEO. The…
Continue Reading GM’s Cruise wants to add 5,000 more robotaxis to American streets. This city warns it could backfire
By Matt McFarland, CNN Business GM’s self-driving car subsidiary Cruise said earlier this year that it wants to add as many as 5,000 more…
Continue Reading EU agrees to tax windfall oil and gas profits amid ‘insane race’ to tame energy crisis
By Anna Cooban, CNN Business EU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some…
Continue Reading Fed’s preferred measure of inflation shows prices surged again last month
Martha C. White for CNN Business After hitting an alarming 40-year high in June, the Federal Reserve’s preferred benchmark for consumer…
Continue Reading Can Porsche cure an ailing IPO market?
By Nicole Goodkind, CNN Business Warnings of global recession are widespread, inflation is persistent and Russia is escalating the crisis in Europe.…
Continue Reading The UK economy still hasn’t recovered from the pandemic. Now it’s on the ropes again
By Mark Thompson, CNN Business There was good news and bad in Friday’s revised data about the UK economy. It grew — marginally — in the…
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