Elon Musk’s US tax bill: $11 billion. Tesla’s: $0
By Chris Isidore, CNN Business Elon Musk has repeatedly bragged (or, perhaps, complained) that he’ll pay more in federal taxes for 2021 than…
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Mortgage rates jump again, rising to a level not seen since early 2020
By Anna Bahney, CNN Business Mortgage rates increased again, rising to a level not seen since before the pandemic. The 30-year fixed-rate mortgage…
Continue Reading The labor shortage could lead to a recession next year
CNN, CNNBUSINESS Opinion by Gad Levanon for CNN Business Perspectives Over the past 12 months, US consumer prices rose by 7.5%, the highest rate in…
Continue Reading America’s annual price increase was worse than economists had forecast
By Anneken Tappe, CNN Business New year, same old high inflation. A key measure of inflation climbed to a near-40-year high last month. Economists…
Continue Reading Wall Street is missing the point
By Julia Horowitz, CNN Business Liz Ann Sonders, the chief investment strategist at Charles Schwab, thinks Wall Street is missing the point on…
Continue Reading Hyundai triggers diplomatic spat over Kashmir
By Diksha Madhok and Sophia Saifi, CNN Business South Korean automaker Hyundai faced controversy this week in India, sparking diplomatic tensions…
Continue Reading Most CEOs say rate hikes won’t quickly solve inflation crisis
By Matt Egan, CNN Business The Federal Reserve has expressed confidence inflation will get under control soon. Business leaders are not so sure.…
Continue Reading Hijab protests spread in India as girls refuse to be told what not to wear
By Rhea Mogul, Manveena Suri and Swati Gupta, CNN A college student has become a symbol of resistance in India’s Karnataka state, where…
Continue Reading Right-wing media offers fawning coverage of Canadian truckers as it encourages similar protest in US
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading New lawsuit targets alleged car warranty phone scams
CNN, CNNBUSINESS, KOAT By Peter Valdes-Dapena, CNN Business If you’re tired of getting random calls from companies claiming to be from…
Continue Reading Sarah Palin takes the stand in defamation trial against the New York Times
By Sonia Moghe, CNN Former Alaska Governor Sarah Palin took the witness stand Wednesday in her defamation trial against the New York Times. Palin…
Continue Reading Disney regains some magic with better-than-expected streaming results
By Frank Pallotta, CNN Business Disney+ regained some of its magic on Wednesday with subscriber totals that exceeded Wall Street’s…
Continue Reading Oil could ‘easily’ hit $120 if Russia-Ukraine crisis escalates, JPMorgan warns
By Matt Egan, CNN Business Oil prices could soar to $120 a barrel if Russia’s crude exports are derailed by tensions with Ukraine, according to…
Continue Reading Web traffic to Spotify’s cancellation page spikes as company remains mired in Joe Rogan controversy
CNN, CNN BUSINESS By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can…
Continue Reading Welcome to the crypto Super Bowl
By Paul R. La Monica, CNN Business The priciest Super Bowl commercials will cost a record $7 million this year, according to NBC. To put that into…
Continue Reading Manufacturing CEO: Demand isn’t our problem. Keeping up with it is
By Matt Egan, CNN Business Sick workers. Computer chip shortages. Supply chain stress. Carrier Global, like countless other companies right now, is…
Continue Reading Web traffic to Spotify’s cancellation page spikes as company remains mired in Joe Rogan controversy
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Discovery’s bid to merge with WarnerMedia wins final government approval
By Brian Stelter, CNN Business Discovery and AT&T received a long-awaited green light from the Justice Department on Wednesday, driving the two…
Continue Reading Do supply chains hold the key to reducing inflation?
CNN, CNNBUSINESS By Julia Horowitz, CNN Business Economists and investors have been closely watching climbing producer prices and wages for clues on…
Continue Reading Maersk CEO sees more supply chain trouble ahead
By Rob North and Chris Liakos Maersk has a front-row seat to global supply chains. It says more trouble is ahead. The supply chain issues that have…
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