Billionaire hedge fund founder Ray Dalio cedes control of Bridgewater
CNN, CNN BUSINESS By Allison Morrow, CNN Business Ray Dalio, the billionaire founder of the world’s largest hedge fund, is stepping down from…
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The number of US job openings fell by more than 1 million in August
By Alicia Wallace, CNN Business The tight US labor market started to show signs of loosening in August. The number of job openings dropped to just…
Continue ReadingRussian journalist who protested on live television escapes house arrest
By Katharina Krebs and Anna Chernova, CNN Marina Ovsyannikova, a Russian journalist who staged a daring protest live on state-run television, has…
Continue ReadingDow rallies more than 1,500 points in two days as fear begins to fade
By Paul R. La Monica, CNN Business Is the worst really over on Wall Street? It’s too soon to say. But stocks rose sharply again Tuesday…
Continue ReadingLiquid Death canned water company is now worth $700 million
By Jordan Valinsky, CNN Business For the “Why didn’t I think of that?” file: A startup that sells water in beer cans —…
Continue ReadingA UN agency wants the Fed to slow its interest rate hikes
By Nicole Goodkind, CNN Business The Federal Reserve’s aggressive tightening policy has led the US dollar to appreciate to multi-decade highs,…
Continue ReadingA UN agency wants the Fed to slow its interest rate hikes
CNN, POOL, NYSE, WLOX, WCCO By Nicole Goodkind, CNN Business The Federal Reserve’s aggressive tightening policy has led the US dollar to…
Continue ReadingChick-fil-A operator has a winning recipe for employees: three-day workweek
CNN, CNN BUSINESS By Parija Kavilanz, CNN Business What staffing shortage? One Miami Chick-fil-A owner/operator has been deluged with applications…
Continue ReadingThese executives are asking their staff to work less for the same money. Will it pay off?
By Anna Cooban, CNN Business It wasn’t hard for Samantha Losey, managing director of Unity, a public relations firm in London, to convince her…
Continue ReadingCEOs are preparing for a recession, and they don’t think it will be short
By Paul R. La Monica, CNN Business Major CEOs aren’t buying the notion that the US economy could have a soft landing following a series of…
Continue ReadingSouth Korean internet firm to acquire Poshmark for $1.2 billion
By Parija Kavilanz, CNN Business South Korean internet giant Naver is acquiring leading online resale platform Poshmark for $1.2 billion, the…
Continue ReadingUS Rep. Ro Khanna slams Saudi Arabia as ‘third-rate power’ as OPEC considers slashing oil output
By Matt Egan, CNN Business US Rep. Ro Khanna is calling for the White House to retaliate against Saudi Arabia if OPEC and its allies slash oil…
Continue ReadingA 76-year-old staple of door-to-door sales is now selling at Target
By Parija Kavilanz, CNN Business Tupperware containers will now be available at Target, in a major shift for the 76-year-old brand. Generally the…
Continue ReadingHurricane Ian could put a dent in US GDP growth
CNN By Alicia Wallace, CNN Business The devastation wrought by Hurricane Ian likely caused more than $50 billion in damages — and also dinged…
Continue ReadingHurricane Ian could put a dent in US GDP growth
By Alicia Wallace, CNN Business The devastation wrought by Hurricane Ian likely caused more than $50 billion in damages — and also dinged overall…
Continue ReadingWhy Elon Musk is no longer Wall Street’s darling
By Chris Isidore, CNN Business Could Wall Street’s love affair with Elon Musk be over? Six months ago Tesla shares were flying high. The…
Continue ReadingBah humbug: Expect to shell out more for a Christmas tree this year
By Parija Kavilanz, CNN Business In the spirit of holiday cheer, here’s the good news first: Christmas tree farms say this year’s harvest…
Continue ReadingBah humbug: Expect to shell out more for a Christmas tree this year
CNN By Parija Kavilanz, CNN Business In the spirit of holiday cheer, here’s the good news first: Christmas tree farms say this year’s…
Continue ReadingStocks kick off October with a huge rally
By Paul R. La Monica, CNN Business Stocks kicked off October with more treats than tricks for investors. The market rallied to begin the fourth…
Continue ReadingTrader Joe’s finally brings back free samples
By Nathaniel Meyersohn, CNN Business Freebies are back at the grocery store after a long pandemic hiatus. Trader Joe’s brought back in-store…
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