Consumers are growing more optimistic about the US economy
Martha C. White for CNN Business Consumer confidence rose for a second straight month in September, as moderating gas prices and the hope that…
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Stocks finish mixed, but Dow and S&P hit lowest levels since November 2020
By Nicole Goodkind, CNN Business So much for turnaround Tuesday on Wall Street. Stocks finished a volatile day mixed after rallying at the open. The…
Continue ReadingUS home price reports show the cooling effect of rising mortgage rates
By Anna Bahney, CNN Business US home prices continued to climb in July. But the market showed signs of cooling as rising mortgage rates pushed more…
Continue ReadingMcDonald’s is selling Happy Meals to adults — with a twist
By Jordan Valinsky, CNN Business The Hamburglar is back at McDonald’s. But this time, it’s just for adults. McDonald’s is bringing…
Continue ReadingRonald Reagan tried the UK’s economic plan. It didn’t work
By Nicole Goodkind, CNN Business The British pound hit a record low against the dollar on Monday after UK Prime Minister Liz Truss, a fan of…
Continue ReadingAsia’s richest man sees growing isolation for China
By Diksha Madhok, CNN Business Indian billionaire Gautam Adani says that China “will feel increasingly isolated” and the “foremost…
Continue ReadingFirst 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…
Continue ReadingCoins 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…
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