Consumers spent big on having fun in 2021
CNN, CHEWY, ASPIC, KOVR, BEST FRIENDS ANIMAL SOCIETY, PAWS ATLANTA By Alicia Wallace, CNN Business After spending 2020 cooped up as a fast-spreading,…
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Opinion: ‘SNL’ couldn’t avoid satirizing Donald Trump before. The new season won’t be any different
Opinion by Bill Carter for CNN Business Perspectives Over the years, I have been fortunate to be able to talk to Lorne Michaels, the impresario of…
Continue ReadingEmployers need workers. That’s good news for these people
Martha C. White for CNN Business With nearly two job openings available for every job seeker, the shortage of workers in the United States has many…
Continue ReadingThe second Elizabethan era ends with UK economy in turmoil
By Anna Cooban and Mark Thompson, CNN Business The death of Queen Elizabeth has come at a bad time for the United Kingdom. Against a backdrop of…
Continue ReadingThe second Elizabethan era ends with UK economy in turmoil
CNN|POOL|TWITTER|UNIVERSAL NEWSREEL By Anna Cooban and Mark Thompson, CNN Business The death of Queen Elizabeth has come at a bad time for the United…
Continue ReadingFed officials to markets: You can’t stop us
By Nicole Goodkind, CNN Business The US Federal Reserve is delivering a hawkish message to markets: We hear you, we see you, but you can’t stop…
Continue ReadingWhite House is not considering further releases of emergency oil at this time, official says
By Matt Egan, CNN The Biden administration is not debating whether to unleash another round of emergency oil from the national stockpile at this…
Continue ReadingTrump SPAC breaks off shareholder meeting until October 10
By Matt Egan, CNN The blank-check firm attempting to bring former President Donald Trump’s media venture public has adjourned its special…
Continue ReadingRivian and Mercedes in talks to start van production in Europe
By Peter Valdes-Dapena, CNN Business Rivian and Mercedes have signed a “memorandum of understanding” to work together on production of…
Continue ReadingAMC’s hype machine can’t fix the broken economics of movie theaters
By Paul R. La Monica, CNN Business Movie theater chain AMC is a top pick for meme investors, but the stock hasn’t exactly turned out to be the…
Continue ReadingMortgage rates reach highest level since 2008
By Anna Bahney, CNN Business Mortgage rates reached their highest level since 2008, inching closer to 6% this week, as it became clearer to investors…
Continue Reading‘We need to act right now’: Fed Chairman Powell vows to continue aggressive inflation fight
Martha C. White for CNN Business At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge to stay the course…
Continue ReadingCNN anchor Bernard Shaw dead at 82
CNN By Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue ReadingCNN anchor Bernard Shaw dead at 82
By Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue ReadingGM unveils $30,000 electric SUV that will be one of the cheapest EVs available
By Peter Valdes-Dapena, CNN Business General Motors revealed a new electric SUV Thursday that the automaker expects will be the cheapest compact…
Continue ReadingOpinion: We could see slow economic growth for the rest of the decade
Opinion by Gad Levanon for CNN Business Perspectives So far this year, the US economy has managed to skirt a recession, despite what many experts…
Continue ReadingWeekly jobless claims fall again, underscoring tight job market
By Alicia Wallace, CNN Business Despite fears of a recession, the labor market is showing no signs of weakening. The number of first-time claims for…
Continue Reading‘Top Gun: Maverick’ is unlike any blockbuster Hollywood has seen in years
By Frank Pallotta, CNN Business There are summer blockbusters, and then there’s “Top Gun: Maverick.” The Paramount film, featuring…
Continue ReadingEuropean Central Bank sets record rate hike to fight energy price shock
By Mark Thompson, CNN Business The European Central Bank hiked interest rates by a record three-quarters of a percentage point on Thursday and…
Continue ReadingJeep’s first three electric SUVs want to be able to tackle anything
By Peter Valdes-Dapena, CNN Business Jeep will bring out three new all-electric SUVs over the next few years as it moves toward selling only electric…
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