GOP Sen. Chuck Grassley calls for OPEC collusion crackdown after production cut
CNN by Matt Egan, CNN Republican Sen. Chuck Grassley on Thursday called for punishing OPEC for its production cut by passing legislation that would…
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Gas prices are starting to take off again. More increases are on the way
By Chris Isidore and Matt Egan, CNN Business Even before Wednesday’s action by OPEC+ to cut oil production, US gas prices were on their way up.…
Continue ReadingReport: Transitioning only 6% of American vehicles to electric could prevent 67,000 premature deaths
By Peter Valdes-Dapena, CNN Business Changing America’s fleet of trucks and buses to run on electricity while, at the same time, changing the…
Continue ReadingReport: Transitioning only 6% of American vehicles to electric could prevent 67,000 premature deaths
CNN By Peter Valdes-Dapena, CNN Business Changing America’s fleet of trucks and buses to run on electricity while, at the same time, changing…
Continue ReadingHousing is slumping, but this real estate CEO explains why it’s not 2008 all over again
By Paul R. La Monica, CNN Business Mortgage rates are soaring. And for many prospective home buyers, especially first-time purchasers, the…
Continue ReadingOPEC announces the biggest cut to oil production since the start of the pandemic
CNN By Hanna Ziady, CNN Business OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start…
Continue ReadingStocks end Wednesday slightly lower following huge two-day surge
By Paul R. La Monica, CNN Business Maybe that October market rally has some legs after all? Stocks were mostly unchanged Wednesday, even as a fresh…
Continue ReadingOPEC announces the biggest cut to oil production since the start of the pandemic
By Hanna Ziady, CNN Business OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of…
Continue ReadingREI dumps Black Friday — permanently
By Parija Kavilanz, CNN Business REI has quit Black Friday, forever. For the past seven years, the retailer has closed its doors on the day after…
Continue ReadingThe bond market is starting to worry Wall Street
By Nicole Goodkind, CNN Business Persistently high inflation, the Federal Reserve’s tightening policy and record-breaking US debt have wreaked…
Continue ReadingAsian economies are in trouble but a 1997-style crisis is unlikely
By Laura He and Emiko Jozuka, CNN Business A quarter of a century ago, a major financial crisis ripped through Asia, shaking its economies to the…
Continue ReadingRachel Maddow’s successor, Alex Wagner, is failing to draw the big audience she commanded in prime time
By Oliver Darcy, CNN Business On Monday night, inside the upscale Parisian restaurant L’Avenue at Saks in midtown Manhattan, MSNBC President…
Continue ReadingAmerica’s national debt has now surpassed $31 trillion
By Alicia Wallace, CNN Business America’s national debt has climbed north of $31 trillion for the first time, a milestone that comes at a time…
Continue ReadingHere’s who made Fortune’s Most Powerful Women in Business list for 2022
By Jeanne Sahadi, CNN Business The competition to be listed among Fortune’s Most Powerful Women has gotten a little stiffer this year. In…
Continue ReadingWaiting for a better time to buy a car? Keep waiting
By Peter Valdes-Dapena, CNN Business Average car prices are shooting higher and higher thanks to continued auto parts shortages. Interest rates are…
Continue ReadingBiden didn’t get us into this inflation mess; Jerome Powell did, Ro Khanna says
By Matt Egan, CNN Business Congressman Ro Khanna wants Federal Reserve Chairman Jerome Powell to apologize for the central bank’s handling of…
Continue ReadingBarriers to Black entrepreneurship widen the wealth gap
By Jeanne Sahadi, CNN Business One of the best ways to build wealth in the United States is to own your own business. But just 2% of businesses with…
Continue ReadingBarriers to Black entrepreneurship widen the wealth gap
CNN, CNN BUSINESS By Jeanne Sahadi, CNN Business One of the best ways to build wealth in the United States is to own your own business. But just 2%…
Continue ReadingJack Thomas, longtime Boston Globe journalist who wrote about his terminal cancer, dies at 83
By Scottie Andrew, CNN Jack Thomas’ byline appeared in the Boston Globe for an impressive 60 years. He was a copy boy to start, working for the…
Continue ReadingBillionaire hedge fund founder Ray Dalio cedes control of Bridgewater
By Allison Morrow, CNN Business Ray Dalio, the billionaire founder of the world’s largest hedge fund, is stepping down from his role at the…
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