Employers need workers. That’s good news for these people
Martha C. White for CNN Business With nearly two job openings available for every job seeker, the shortage of workers in the United States has many…
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The second Elizabethan era ends with UK economy in turmoil
By Anna Cooban and Mark Thompson, CNN Business The death of Queen Elizabeth has come at a bad time for the United Kingdom. Against a backdrop of…
Continue Reading The second Elizabethan era ends with UK economy in turmoil
CNN|POOL|TWITTER|UNIVERSAL NEWSREEL By Anna Cooban and Mark Thompson, CNN Business The death of Queen Elizabeth has come at a bad time for the United…
Continue Reading Fed officials to markets: You can’t stop us
By Nicole Goodkind, CNN Business The US Federal Reserve is delivering a hawkish message to markets: We hear you, we see you, but you can’t stop…
Continue Reading Massive rail strike next week could deal another blow to America’s economy
By Chris Isidore, CNN Business Freight railroads have been around since the 19th century, but you can’t run a 21st century economy without…
Continue Reading White House is not considering further releases of emergency oil at this time, official says
By Matt Egan, CNN The Biden administration is not debating whether to unleash another round of emergency oil from the national stockpile at this…
Continue Reading Trump SPAC breaks off shareholder meeting until October 10
By Matt Egan, CNN The blank-check firm attempting to bring former President Donald Trump’s media venture public has adjourned its special…
Continue Reading Rivian and Mercedes in talks to start van production in Europe
By Peter Valdes-Dapena, CNN Business Rivian and Mercedes have signed a “memorandum of understanding” to work together on production of…
Continue Reading AMC’s hype machine can’t fix the broken economics of movie theaters
By Paul R. La Monica, CNN Business Movie theater chain AMC is a top pick for meme investors, but the stock hasn’t exactly turned out to be the…
Continue Reading Mortgage rates reach highest level since 2008
By Anna Bahney, CNN Business Mortgage rates reached their highest level since 2008, inching closer to 6% this week, as it became clearer to investors…
Continue Reading ‘We need to act right now’: Fed Chairman Powell vows to continue aggressive inflation fight
Martha C. White for CNN Business At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge to stay the course…
Continue Reading CNN anchor Bernard Shaw dead at 82
CNN By Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue Reading GM unveils $30,000 electric SUV that will be one of the cheapest EVs available
By Peter Valdes-Dapena, CNN Business General Motors revealed a new electric SUV Thursday that the automaker expects will be the cheapest compact…
Continue Reading CNN anchor Bernard Shaw dead at 82
By Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue Reading Opinion: We could see slow economic growth for the rest of the decade
Opinion by Gad Levanon for CNN Business Perspectives So far this year, the US economy has managed to skirt a recession, despite what many experts…
Continue Reading Weekly jobless claims fall again, underscoring tight job market
By Alicia Wallace, CNN Business Despite fears of a recession, the labor market is showing no signs of weakening. The number of first-time claims for…
Continue Reading ‘Top Gun: Maverick’ is unlike any blockbuster Hollywood has seen in years
By Frank Pallotta, CNN Business There are summer blockbusters, and then there’s “Top Gun: Maverick.” The Paramount film, featuring…
Continue Reading Jeep’s first three electric SUVs want to be able to tackle anything
By Peter Valdes-Dapena, CNN Business Jeep will bring out three new all-electric SUVs over the next few years as it moves toward selling only electric…
Continue Reading European Central Bank sets record rate hike to fight energy price shock
By Mark Thompson, CNN Business The European Central Bank hiked interest rates by a record three-quarters of a percentage point on Thursday and…
Continue Reading The US dollar is strong but something is off
By Nicole Goodkind, CNN Business The US dollar can’t be stopped. Fueled by the Federal Reserve’s aggressive tightening policy, the value…
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