Black entertainment mogul calls for more inclusion in news and media
By Ramishah Maruf, CNN Byron Allen began his career as a standup comic and is now a media tycoon who owns dozens of outlets including the Weather…
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Who owns your credit score? Not you
By Alexandra Peers, CNN Business Credit agencies know a lot about Americans. The agencies accumulate information, such as Social Security numbers,…
Continue Reading Inflation, explained: Why prices keep going up and who’s to blame
By Allison Morrow and Nicole Goodkind, CNN Business Confused about inflation? You’re not alone. Inflation is, paradoxically, both incredibly…
Continue Reading Robinhood may need to join forces with a larger Wall Street rival
By Paul R. La Monica, CNN Business Robinhood, as its name suggests, was designed to take the power of the stock market away from the rich fat cats on…
Continue Reading Velveeta is staging a comeback
By Danielle Wiener-Bronner, CNN Business In 2020, something incredible happened in the dairy aisle: Velveeta started flying off the shelves. Sales of…
Continue Reading How Abercrombie, Victoria’s Secret and Vitamin Shoppe use smell to get you to spend more
By Nathaniel Meyersohn, CNN Business Have you ever stepped into an Abercrombie, Victoria’s Secret, Vitamin Shoppe or another store and…
Continue Reading Consumers still don’t feel great about economy
Americans still aren’t feeling great about the…
Continue Reading CNN chief legal analyst Jeffrey Toobin will exit network after 20 years
By Oliver Darcy, CNN Business Jeffrey Toobin said Friday that he will depart CNN, where he served most recently as chief legal analyst, putting an…
Continue Reading Rivian lost $1.7 billion in three months. Here’s why that may not be a problem
By Matt McFarland, CNN Business Rivian lost a whopping $1.7 billion in the second three months of the year, but some auto industry experts say…
Continue Reading Consumers still don’t feel great about the economy, despite lower gas prices
Martha C. White for CNN Business Consumer sentiment in August continued to rebound from its June trough, but Americans’ feelings about the…
Continue Reading Peloton is cutting jobs, closing stores and hiking prices
By Jordan Valinsky, CNN Business Peloton is slashing jobs again, and this time it’s also hiking prices on some of its products. It’s part…
Continue Reading Judge denies Trump Org and former CFO’s motion to dismiss tax fraud indictment
By Kara Scannell, CNN Business A New York state judge denied the Trump Organization and its former chief financial officer Allen Weisselberg’s…
Continue Reading The Rhine is shrinking, endangering Europe’s top economy
By Michelle Toh and Benjamin Brown, CNN Business Germany’s Rhine river is getting too dry, snarling supply chains and creating more problems…
Continue Reading UK recession looms as households feel pain of soaring energy bills
By Anna Cooban, CNN Business Britons are bracing themselves for more tough times ahead as the economy starts to shrink and a new forecast suggests…
Continue Reading Johnson & Johnson will stop selling talc-based baby powder around the world in 2023
By Jordan Valinsky, CNN Business Johnson & Johnson is abandoning talc-based baby powder next year and instead will make it with cornstarch. Its…
Continue Reading Rate hikes and recession are still in the cards
By Nicole Goodkind, CNN Business There appears to be some confusion about the trajectory of prices in the US. That’s partially because…
Continue Reading ‘Moon Man’ is just what China’s box office needs after months of lockdowns
By Laura He, CNN Business A Chinese sci-fi comedy about an astronaut stranded on the moon has shattered summer box office records in China, providing…
Continue Reading Argentina hikes interest rates to 69.5% as inflation hits 20-year high
By Reuters Argentina’s central bank raised its benchmark interest rate by 950 basis points on Thursday as the country struggles to keep a lid…
Continue Reading Rivian losses surge to $1.7 billion as production ramps up
By Matt McFarland, CNN Business Rivian said Thursday that it lost $1.7 billion in the second quarter of 2022 as it works to ramp up its vehicle…
Continue Reading Shell and Chevron shut Gulf of Mexico oil platforms after small leak halts pipelines
by Matt Egan, CNN Shell and Chevron both said on Thursday that the companies halted oil production at several platforms in the Gulf of Mexico…
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