Why we think we’re in a recession when the data says otherwise
By Nicole Goodkind, CNN Business It seems like you can’t go anywhere these days without colliding headfirst into another ominous prediction of…
Continue ReadingCNN – Business/Consumer
Tesla short sellers have made $11.5 billion profit this year
By Chris Isidore, CNN Business Here’s more bad news for Tesla CEO Elon Musk — as if he needs any. Investors who took short positions in Tesla…
Continue Reading First on CNN: Defense bill takes aim at Russia’s pot of gold
By Matt Egan, CNN Business A must-pass defense bill now being negotiated in Congress includes new sanctions designed to trip up Russia’s war…
Continue Reading US gas prices are now cheaper than they were a year ago
By Julia Horowitz, CNN Business US gasoline prices are now cheaper than they were one year ago, providing relief to Americans that have spent 2022…
Continue Reading When China and Saudi Arabia meet, nothing matters more than oil
By Laura He, CNN Business Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he…
Continue Reading New York Times journalists stage historic 24-hour strike after management and union fail to reach deal
By Oliver Darcy, CNN Business A 24-hour strike at The New York Times, a historic demonstration in which more than 1,100 employees are expected to…
Continue Reading Congress is debating new retirement rules. These 7 changes are on the table
By Jeanne Sahadi, CNN Business New retirement rules could make it easier for Americans to accumulate retirement savings — and less costly to…
Continue Reading What’s gone wrong at Beyond Meat
By Danielle Wiener-Bronner, CNN Business A slew of problems have stalled the growth of Beyond Meat, once a darling of Wall Street whose top product…
Continue Reading The media business is in turmoil — but its stocks may be close to bottoming
By Paul R. La Monica, CNN Business The media sector has had a tumultuous 2022, culminating in the shocking return of Bob Iger as CEO of Disney and a…
Continue Reading Elon Musk is no longer the richest man on the planet, according to Forbes
By Jordan Valinsky, CNN Business Elon Musk is no longer the world’s richest person, according to Forbes. On Thursday, Musk dropped to the…
Continue Reading Move over kiddo. Teens and grownups want their own teddy bears
By Parija Kavilanz, CNN Business We know young kids love teddy bears and cute cuddly stuffed animals. But Build-A-Bear Workshop says older consumers…
Continue Reading UK strikes to hit ambulance services, hospitals and trains in the run up to Christmas
By Hanna Ziady, CNN Business Britain is bracing for further disruption from strikes heading into the Christmas period, as ambulance drivers and…
Continue Reading Coca-Cola is getting into Christmas movies
By Danielle Wiener-Bronner, CNN Business Coca-Cola is hoping that this holiday season, families will crack open some Cokes, settle into a comfy spot…
Continue Reading GM to put thousands of electric vehicle chargers in rural America
By Peter Valdes-Dapena, CNN Business General Motors is moving ahead with plans to install as many as 40,000 electric vehicle chargers in, mostly,…
Continue Reading Companies can’t imagine life without the CEO. That’s a problem
By Nicole Goodkind, CNN Business Nothing lasts forever, not even a good CEO. It’s been a nasty year for Fortune 500 companies and top…
Continue Reading The very last 747 jumbo jet just rolled off Boeing’s assembly line
KING, BOEING, CNN By Chris Isidore, CNN Business After 53 years and more than 1,570 planes, the last Boeing 747 rolled off the assembly line in…
Continue Reading UK tries to shore up energy supply with US deal
By Hanna Ziady, CNN Business Britain has agreed a new energy partnership with the United States that aims to end its reliance on Russia and lower…
Continue Reading The New York Times is bracing for a historic mass walkout as union negotiations go down to the wire
By Oliver Darcy, CNN Business The New York Times is preparing for more than 1,100 of its union staffers to go on strike for a full day Thursday —…
Continue Reading Juul Labs settles litigation in the United States
By Rob McLean, CNN Business E-cigarette maker Juul Labs said Tuesday that it has settled litigation it faced in the United States, resolving a…
Continue Reading Why the world’s top chip maker is doubling down on American manufacturing
By Allison Morrow, CNN Business The world’s leading producer of advanced computer chips, Taiwan Semiconductor Manufacturing Company, announced…
Continue Reading