British 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 ReadingMoney
Intel 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…
Continue ReadingWorkers at Home Depot in Philadelphia file for union vote
By Chris Isidore, CNN Business Workers at an Home Depot store in Philadelphia have filed to have a vote to be represented by a union. The store, at…
Continue ReadingGM investing $760 million in Toledo factory to make electric car drive units
By Peter Valdes-Dapena, CNN Business General Motors is investing $760 million in its Toledo Propulsion Systems factory, which builds transmissions…
Continue ReadingOpinion: IEA head: Electric cars are transforming the auto industry. That’s good news for the climate
Opinion by Fatih Birol for CNN Business Perspectives The global energy crisis sparked by Russia’s invasion of Ukraine is causing hardship…
Continue ReadingMarkets hate Liz Truss’ plan for the UK. Just look at these charts
By Julia Horowitz, CNN Business When the UK government, led by new Prime Minister Liz Truss, unveiled its plan to rescue the British economy on…
Continue ReadingBillionaire hedge fund manager argues for increasing immigration to fight inflation
By Allison Morrow, CNN Business Bill Ackman, the billionaire hedge fund manager and activist investor, has an alternative idea to fight inflation:…
Continue ReadingGoldman Sachs warns of more trouble for US stocks
By Matt Egan, CNN Business Even Goldman Sachs is succumbing to the gloomy mood on Wall Street by abandoning its previously optimistic stance and…
Continue ReadingMcDonald’s must face $10 billion racial discrimination suit from media group
By Jordan Valinsky, CNN Business McDonald’s will have to defend itself against a $10 billion lawsuit from media mogul Byron Allen over an…
Continue ReadingMarc Benioff would buy Twitter if he could
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff,…
Continue ReadingMarc Benioff would buy Twitter if he could
CNN By Paul R. La Monica, CNN Business Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff, Salesforce chairman…
Continue ReadingMarc Benioff would buy Twitter if he could
By Paul R. La Monica, CNN Business Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff, Salesforce chairman and…
Continue ReadingOil plunges below $80 to eight-month low as recession fears mount
By Matt Egan Recession fears are slamming the oil market, with crude tumbling on Friday below $80 a barrel for the first time since January. The good…
Continue ReadingWhere to watch Yankees slugger Aaron Judge chase the AL home run record
By Frank Pallotta, CNN Business Slugger Aaron Judge is chasing baseball history. So where can you watch it? The New York Yankees outfielder is on the…
Continue ReadingThe Fed’s fight against inflation could cost the US 1.2 million jobs
By Alicia Wallace, CNN Business In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple…
Continue ReadingThe curious case of falling gold prices
By Julia Horowitz, CNN Business It should be the perfect time to own gold. The yellow metal has historically rallied when inflation is high, since…
Continue ReadingNFL has a new halftime show sponsor
By Jordan Valinsky, CNN Business Apple Music is replacing Pepsi as the new sponsor for the NFL’s Super Bowl halftime show. The multi-year…
Continue ReadingHow political candidates are targeting you on social media based on your music tastes, shopping habits and favorite TV shows
By Casey Tolan, CNN Marco Rubio hopes to sway voters interested in Chick-fil-A, Ram trucks, and Duck Dynasty. John Fetterman is searching for fans of…
Continue Reading