First on CNN: 71% of workers say their pay isn’t keeping up with inflation
By Matt Egan, CNN There is growing evidence that Americans are struggling to keep up with crushing inflation. Nearly three in four (71%) employees…
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Coins and banknotes featuring King Charles III and Queen Elizabeth II will co-circulate
By Max Foster and Sharon Braithwaite, CNN Coins and banknotes featuring King Charles III and Queen Elizabeth II will co-circulate, according to the…
Continue ReadingUK authorities try to calm panicked markets
By Julia Horowitz, CNN Business UK policymakers are trying to calm markets after a plan by Prime Minister Liz Truss to cut taxes while ramping up…
Continue ReadingWalmart enters the metaverse with Roblox experiences
By Ramishah Maruf, CNN Walmart has entered the metaverse. The retail giant announced Monday it is launching two immersive online experiences with…
Continue ReadingWalmart enters the metaverse with Roblox experiences
CNN By Ramishah Maruf, CNN Walmart has entered the metaverse. The retail giant announced Monday it is launching two immersive online experiences with…
Continue ReadingFed Chair Powell warned of ‘pain’ to come. Seniors on fixed incomes are already feeling it
Martha C. White America’s seniors are facing a lot of hard choices. After the Federal Reserve’s latest rate hike, the combination of…
Continue ReadingWhile DeSantis was flying legal asylum seekers to Martha’s Vineyard, business owners in his state were struggling for workers
CNN, CNNBUSINESS, WSVN By Vanessa Yurkevich, CNN For the past two years Jan Gautam has been filling in sporadically as a housekeeper at hotels in…
Continue ReadingWall Street slumps as sinking British pound rattles markets
By CNN Business Staff The-CNN-Wire™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights…
Continue ReadingThe rich are the biggest winners of Britain’s tax-cutting gamble
By Anna Cooban, CNN Business The United Kingdom’s big tax-cutting gamble to boost economic growth will benefit the rich far more than millions…
Continue ReadingAmazon puts a second Prime Day sale on the calendar
By Jordan Valinsky, CNN Business Amazon is adding another Prime Day to the calender. The company announced Monday that the sale, called “Prime…
Continue ReadingThe bond market is crumbling. That’s bad for Wall Street and Main Street
CNN, CNNBUSINESS By Nicole Goodkind, CNN Business The global bond market is having a historically awful year. The yield on the 10-year US Treasury…
Continue ReadingForget a soft landing. The market’s best hope is a ‘growth’ recession
By Nicole Goodkind, CNN Business Investors are waking up to the harsh reality of just how much pain the economy may have to endure as the Federal…
Continue ReadingWhile DeSantis was flying legal asylum seekers to Martha’s Vineyard, business owners in his state were struggling for workers
By Vanessa Yurkevich, CNN For the past two years Jan Gautam has been filling in sporadically as a housekeeper at hotels in Orlando, Florida, run by…
Continue ReadingAirlines add flights to Hong Kong but the aviation hub won’t be back to normal anytime soon
By Michelle Toh, CNN Business International airlines are scrambling to add more flights to Hong Kong as the city ends two and a half years of…
Continue Reading12-year-old boy in ‘critical condition’ following alleged gang-rape in New Delhi
By Hannah Ritchie, Manveena Suri and Rhea Mogul, CNN A 12-year-old boy is in “critical condition” after he was allegedly gang-raped and…
Continue ReadingUK government forced to ditch plan to slash top rate of tax
CNN By Mark Thompson and Adam Renton, CNN The British government is reversing plans to scrap the highest rate of income tax, announcing the…
Continue ReadingBritish pound plummets to record low against the dollar
By Laura He, Jessie Yeung and Jonny Hallam, CNN Business The British pound crashed to a record low against the US dollar on Monday on growing fears…
Continue ReadingIntel is the Dow’s biggest loser
By Paul R. La Monica, CNN Business Semiconductors are in everything. Our phones, our laptops, our televisions. Even our cars. But concerns about a…
Continue ReadingThis iconic bar of soap, with two weird claims to fame, has stuck around for nearly 150 years
By Parija Kavilanz, CNN Business Walk into a Walmart, Target, any drugstore chain in your neighborhood or a corner bodega for New York City dwellers,…
Continue ReadingDow plunges to its lowest level since 2020 to end another dismal week
By David Goldman, CNN Business US stocks fell sharply in Friday trading as investors continued to worry about even more rate hikes from the Federal…
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