The Fed offers more clues about rate hikes
By Paul R. La Monica, CNN Business Americans are getting ready for food, family and football on Thursday, but investors were still holding off until…
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US Freight rail strike could cost US economy $1 billion in first week
By Vanessa Yurkevich, CNN A US freight rail strike could cost the US economy $1 billion in the first week of the strike, according to a new analysis…
Continue Reading Russia threatens to cut supply of gas through Ukraine
By Anna Cooban and Uliana Pavlova, CNN Business Europe is bracing itself for further cuts to its supply of Russian natural gas as Moscow threatens to…
Continue Reading Chicken prices are finally starting to fall. You can thank busy roosters
By Danielle Wiener-Bronner, CNN Business Over the past year, as some meat prices have fallen, chicken prices have remained stubbornly high. Strong…
Continue Reading Why the nation is once again close to a devastating freight railroad strike
By Chris Isidore and Vanessa Yurkevich, CNN Business In September, President Joe Biden, the most union friendly president in recent history, got…
Continue Reading Consumers continue to lack confidence in the US economy ahead of holiday shopping season
By Alicia Wallace, CNN Business Heading into the all-important holiday shopping season, American consumers still aren’t feeling very confident…
Continue Reading Latest weekly jobless claims jump to 240,000
By Alicia Wallace, CNN Business First-time weekly claims for unemployment benefits jumped to 240,000 for the week ended November 19, according to…
Continue Reading Get paid via Venmo, Etsy or Airbnb? Here’s what you need to know before tax season
By Jeanne Sahadi, CNN Business If you get paid through apps like Venmo or PayPal or platforms like Etsy or Airbnb, preparing your taxes next year may…
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Hasbro CEO says inflation won’t hurt holiday sales. Investors disagree
The holidays are rapidly approaching, and for the toy company Hasbro, a slowing economy could be a proverbial Grinch that steals…
Continue Reading The surprising reason why Ocean Spray cranberry sauce labels are upside-down
By Jordan Valinsky, CNN Business Perhaps one of the greatest mysteries of Thanksgiving is the cranberry sauce — and we’re not even talking…
Continue Reading Hasbro CEO optimistic about holidays even though stock is under pressure
By Paul R. La Monica, CNN Business The holidays are rapidly approaching, and for the toy company Hasbro, a slowing economy could be a proverbial…
Continue Reading Online Black Friday sales set a new record
CNN, CNN BUSINESS By Jordan Valinsky, CNN Business Online Black Friday sales in the United States topped a record-breaking $9.12 billion this year,…
Continue Reading Surprise: Dollar Tree’s $1.25 price strategy is actually working
By Nathaniel Meyersohn, CNN Business When Dollar Tree said it would raise prices to $1.25 after 35 years sticking to $1, some fans protested and…
Continue Reading Alex Jones must pay full $49 million damages award, Texas judge rules
By Hanna Ziady and Sonia Moghe, CNN Alex Jones has lost a bid to water down the nearly $50 million damages award handed down by a jury earlier this…
Continue Reading A house price slump is coming. Rising unemployment could make it much worse
By Hanna Ziady, CNN Business Last year, Auckland’s largest real estate company couldn’t sell properties quickly enough to meet demand in…
Continue Reading Berkshire Hathaway: Warren Buffett further unwinds BYD investment in China
By Laura He, CNN Business Warren Buffett’s Berkshire Hathaway is continuing to unwind its long position in BYD, China’s largest…
Continue Reading Australia will see more extreme weather events, putting strain on economy, report shows
By Michelle Toh, CNN Business Australia will continue to see a spike in extreme rainfall and heat, as well as more dangerous fire events, its…
Continue Reading Starbucks closes location that was the first to unionize in Seattle
By Danielle Wiener-Bronner, CNN Business Starbucks is closing the store in Seattle where employees were the first to vote to form a union in the…
Continue Reading ‘Christmas is not canceled’ despite growing risk of rail strike
By Matt Egan Leading retailers are sounding the alarm about the danger of a national rail strike while simultaneously stressing that a potential work…
Continue Reading Jeff Bezos announces 40 grants totaling $123 million to combat homelessness
By Chloe Melas, CNN Jeff Bezos is continuing to make good on his pledge to give away the majority his wealth, to the tune of $123 million today. The…
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