Wall Street dodged a rail strike crisis, but there’s trouble ahead
By Nicole Goodkind, CNN Business The announcement from the White House that a tentative deal has been reached to avert the first national rail strike…
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British pound hits a 37-year low as UK economy skids
By Julia Horowitz, CNN Business The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as…
Continue Reading ‘Astonishing.’ Morgan Stanley hard drives holding sensitive client data got auctioned off online
CNN, CNNBUSINESS By Matt Egan, CNN Business Federal regulators accused Morgan Stanley on Tuesday of “astonishing” failures that led to…
Continue Reading Why the threat of a rail strike is delayed but not gone
By Chris Isidore, CNN Business There will be no freight railroad strike early Friday. But the threat of a strike has not gone away entirely. The…
Continue Reading McDonald’s CEO sounds the alarm over crime in Chicago
By Danielle Wiener-Bronner, CNN Business McDonald’s CEO Chris Kempczinski has big concerns about surging crime in Chicago, where the fast food…
Continue Reading Manchester United: Winning on Wall Street despite struggling on the field
By Paul R. La Monica, CNN Business Fans of the Manchester United Football Club are not thrilled to see their squad in the middle of the pack of the…
Continue Reading Wall Street dodged a rail strike crisis, but there’s trouble ahead
CNN By Nicole Goodkind, CNN Business The announcement from the White House that a tentative deal has been reached to avert the first national rail…
Continue Reading Patagonia’s founder transfers ownership into two entities to help fight the climate crisis
CNN By Kate Trafecante, CNN Patagonia’s founder is transferring ownership of the company after nearly 50 years into two entities that will help…
Continue Reading Rail strike deal averts travel nightmares for train commuters
By Matt McFarland, CNN Business US commuter railroads and passengers are breathing a sigh of relief as freight rail companies and the unions that…
Continue Reading Cheaper oil and Ukraine war are blowing a hole in Russia’s finances
By Clare Sebastian, CNN There are new signs of strain in the Russian economy as energy prices fall and nearly seven months of war in Ukraine prove…
Continue Reading Kanye West says he’s terminating his partnership with the Gap
By Jordan Valinsky, CNN Business Kanye West said he’s terminating his rocky two-year-old partnership with the Gap because of “substantial…
Continue Reading Mortgage rates top 6% for the first time since 2008
By Anna Bahney, CNN Business Mortgage rates jumped again, surpassing the 6% mark and reaching the highest level since the fall of 2008. The 30-year…
Continue Reading US consumer spending rose in August as gas prices fell
By Martha C. White, CNN Business Another month of falling gas prices gave Americans’ wallets a bit of a reprieve in August. That sent consumers…
Continue Reading Here’s what the railroads and unions agreed to
By Vanessa Yurkevich, CNN Business Freight railroad unions and management reached a tentative deal to avert a strike, addressing a key attendance…
Continue Reading CNN announces it will debut new morning show with Don Lemon, Poppy Harlow, and Kaitlan Collins
By Oliver Darcy, CNN Business CNN is reimagining its mornings. The network on Thursday unveiled a new marquee morning program that will debut later…
Continue Reading Weekly jobless claims fall for fifth-straight week, showing resilient labor market
By Alicia Wallace, CNN Business The number of first-time claims for unemployment benefits fell again last week, setting a new three-month low and…
Continue Reading It’s getting late in the game. Will the Fed risk a Hail Mary?
By Nicole Goodkind, CNN Business Investors are on edge as the Federal Reserve gears up for its policy decision next week. Some are even starting to…
Continue Reading Opinion: 3 things the Fed needs to see before it stops hiking rates
Opinion by Joseph H. Davis for CNN Business Perspectives The Federal Reserve is aware of the pain that spiraling prices are causing Americans. At the…
Continue Reading Strikes could bring UK railways to a standstill
CNN By Anna Cooban and Arnaud Siad, CNN Business Labor unions in the United Kingdom offered the country a brief respite from a wave of strike action…
Continue Reading Railroad strike averted after marathon talks reach tentative deal
By Chris Isidore, Vanessa Yurkevich and Jeremy Diamond, CNN Business Unions and management reached a tentative deal early Thursday, averting a…
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