Two Senate Democrats urge Biden not to keep Jerome Powell at the helm of the Fed
By Matt Egan, CNN Business Democratic Senators Sheldon Whitehouse and Jeff Merkley on Friday came out against to keeping Jerome Powell at the helm of…
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Macy’s stock, once left for dead, is roaring back to life
By Julia Horowitz, CNN Business In spring 2020, in the depths of coronavirus lockdowns, investors couldn’t dump Macy’s stock fast enough.…
Continue ReadingHow hoarding saved Black Friday
CNN, KGO, KTRK, WCPO, KCAL, KCBS, KYW By Julia Horowitz, CNN Business For months, there have been warnings to shoppers: Get through your holiday…
Continue ReadingOne week until Black Friday. Investors have already loaded up the shopping carts with retail stocks
By Paul R. La Monica, CNN Business It’s no secret that consumers love Amazon, Walmart and Target. But they are not the only retailers that…
Continue ReadingIndian farmers forced Modi to back down on new laws. So why aren’t they going home?
CNN By Esha Mitra and Rhea Mogul CNN Santosh Singh’s earliest memory is of tilling soil on his family’s farm. Now, the 70-year-old…
Continue ReadingAlibaba shares plunge nearly 11% after warning of slower growth
By Laura He and Paul R. La Monica, CNN Business Shares of Alibaba plummeted in Hong Kong on Friday after the tech giant warned of weaker growth this…
Continue ReadingPress Freedom Awards ceremony stands up for journalists in ‘increasingly repressive world’
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingIndia’s Prime Minister Modi to repeal controversial farm laws following more than a year of protests
By Manveena Suri, Vedika Sud, Arpit Goel and Rhea Mogul, CNN India’s Prime Minister Narendra Modi said Friday he would repeal three contentious…
Continue ReadingHoffa critic elected to succeed him as Teamster president
By Chris Isidore, CNN Business Sean O’Brien will be the next president of the 1.4-million member Teamsters union, succeeding James Hoffa, the…
Continue ReadingThe ‘Great Migration’ during Covid may not have actually happened
By Alicia Wallace, CNN Business The “Great Migration” may not be as pronounced as once thought. The US Census Bureau this week released…
Continue ReadingShares of Sweetgreen soar following Wall Street debut
By Danielle Wiener-Bronner, CNN Business Wall Street is hungry for fancy salads. Sweetgreen’s stock nearly doubled in price mid-day Thursday,…
Continue ReadingA group of crypto investors tried to buy a copy of the Constitution. It didn’t work out
By Paul R. La Monica, CNN Business A group of cryptocurrency investors took the notion “We the people” from the US Constitution to the…
Continue ReadingWe tried Tesla’s ‘full self-driving.’ Here’s what happened
By Matt McFarland, CNN Business When a dozen small children crossed in front of our Tesla with “full self-driving,” I had good reason to…
Continue ReadingPhone glitch leaves some Tesla drivers locked out
CNN, CNN BUSINESS One of the perks of owning a Tesla is using your smartphone as a key to open and drive your car. It does away with carrying a…
Continue ReadingExclusive: House Democrats call for Biden to ban oil exports and tap emergency reserves
CNN, CNNBUSINESS By Matt Egan, CNN Business Nearly a dozen Congressional Democrats are urging President Joe Biden to combat high gas prices by not…
Continue ReadingTrump SPAC must be investigated, Elizabeth Warren demands
By Matt Egan, CNN Business Democratic Senator Elizabeth Warren wants federal regulators to investigate whether any laws were broken by the shell…
Continue ReadingCVS is closing 900 stores
CNN, CNNBUSINESS By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its…
Continue ReadingInflation is coming for your cup of coffee next
By Matt Egan, CNN Business Not even coffee is immune to the powerful forces of extreme weather and inflation. Coffee futures climbed on Thursday to…
Continue ReadingCVS is closing 900 stores
By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to…
Continue ReadingCVS is closing 900 stores
CNN By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in…
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