Wholesale prices show inflation continued to fall in December
By Chris Isidore, CNN Wholesale price growth cooled off significantly in December, the Bureau of Labor Statistics reported Wednesday, indicating that…
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The Federal Reserve is testing how climate change could hurt big banks
By Nicole Goodkind, CNN The largest six banks in the United States have been given until July to show the Federal Reserve what effects disastrous…
Continue Reading Retail sales continued to fall in December as shoppers battled inflation
By Alicia Wallace, CNN It was a ho-hum end to 2022 for spending in America. US retail sales continued their fall in December, dropping by 1.1% as…
Continue Reading Stores say shoplifting is a national crisis. The numbers don’t back it up
By Nathaniel Meyersohn, CNN The masked thief rode into a Walgreens in San Francico on a bicycle, pedaled to an aisle in the health and wellness…
Continue Reading Shopping carts keep disappearing from stores
CNN By Nathaniel Meyersohn, CNN Santa Fe, New Mexico, paid a local contractor $47,000 to round up about 3,000 shopping carts around the city in 2021…
Continue Reading Global oil demand could hit record high as China reopens
By Anna Cooban, CNN Global oil demand is expected to hit its highest-ever level this year on the back of China’s swift reopening of its…
Continue Reading ‘Inconsistent with human survival’: UN chief slams fossil fuel industry expansion in Davos speech
By Ivana Kottasová, CNN The UN Secretary General has accused fossil fuel producers and their financial backers of “racing to expand…
Continue Reading Macao gambling promoter Alvin Chau sentenced to 18 years – public broadcaster
Philip Wang Alvin Chau, one of Macao’s high-profile gambling promoters, has been sentenced to 18 years in prison for racketeering and illegal…
Continue Reading South Africa’s energy crisis deepens as blackouts hit 12 hours a day
By Hanna Ziady, CNN South Africa’s President Cyril Ramaphosa was forced this week to cancel a trip to Davos by an escalating energy crisis that…
Continue Reading Women living in states with abortion bans suffer greater economic insecurity
By Vanessa Yurkevich, CNN Women living in states that restrict or ban abortion face greater economic insecurity than those living in states where…
Continue Reading Women living in states with abortion bans suffer greater economic insecurity
CNN By Vanessa Yurkevich, CNN Women living in states that restrict or ban abortion face greater economic insecurity than those living in states where…
Continue Reading Yen falls after Bank of Japan maintains ultra-easy policy
By Laura He, CNN The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-easy monetary policy, defying market expectations…
Continue Reading What we learned at Davos: The economy is a mess, but there’s still hope
CNN, CNN BUSINESS By Nicole Goodkind, CNN Friday marks the end of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering…
Continue Reading Regulators conducting interviews in JFK airport near-crash probe
By Pete Muntean and Gregory Wallace, CNN Investigators are probing the narrowly avoided catastrophic collision between two airliners at New…
Continue Reading Ousted Disney CEO Bob Chapek will get $20 million exit pay
By Jordan Valinsky, CNN Ousted Disney chief executive Bob Chapek is set to receive a hefty paycheck following his exit. The Walt Disney Company said…
Continue Reading Tesla-induced pileup involved driver-assist tech, government data reveals
By Matt McFarland, CNN Business The Tesla Model S that braked sharply and triggered an eight-car crash in San Francisco in November had the…
Continue Reading Tesla reports record earnings but tighter profit margins
CNN By Chris Isidore, CNN Tesla reported record profits for the fourth quarter and the full year, but its profit margins were tighter due to higher…
Continue Reading Elon Musk is being sued over his ‘funding secured’ tweet. Here’s what you need to know
By Chris Isidore, CNN A four-year old tweet from Elon Musk has the Tesla CEO back in court starting Tuesday. Musk, Tesla and other Tesla directors…
Continue Reading No recession after all? Business leaders are more hopeful as China reopens
By Julia Horowitz, CNN Bullishness about the global economy has been in short supply among business leaders in recent months, with fears of recession…
Continue Reading Americans are already starting to pull back on their spending, survey shows
By Alicia Wallace, CNN Americans have already started to rein in their spending — and expect to pull back some more this year, according to a…
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