Solar power is booming in Germany as Russia turns down the gas
By Michelle Toh, CNN Business People on the frontlines of Europe’s gas crisis are scrambling to get solar panels for their homes and businesses…
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US rents hit a record high for the 17th month in a row
By Anna Bahney, CNN Business Rents hit a record high in July for the 17th month in a row, putting ever more pressure on renters. The national median…
Continue ReadingJapan turns back to nuclear power in significant policy shift as fuel prices soar
By Rhea Mogul, Junko Ogura and Tetsu Sukegawa, CNN Prime Minister Fumio Kishida said Wednesday Japan will restart idled nuclear plants and consider…
Continue ReadingIndian billionaire makes hostile bid for high-profile NDTV news channel
By Diksha Madhok, CNN Business Asia’s richest man has launched a hostile bid to take over an influential broadcaster in India and gain a firmer…
Continue ReadingUS business activity falls at its fastest rate since May 2020
By Alicia Wallace, CNN Business Business activity at private US companies in early August dropped off at some of the sharpest rates seen since the…
Continue ReadingHow low can they go? These stock analysts are issuing $0 and $1 price targets
By Paul R. La Monica, CNN Business Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don’t often…
Continue ReadingInflation is crushing wedding budgets and guests are getting cut
Martha C. White for CNN Business The pandemic lockdowns might be in the rearview mirror, but rising inflation has ushered in the return of…
Continue ReadingGas prices drop 70 days in a row in the second-longest streak since 2005
By Matt Egan, CNN Business Drivers have something to smile about: A historic drop in gasoline prices. The national average for a gallon of regular…
Continue ReadingBiden was wrongly blamed for rising gas prices. But he doesn’t deserve much credit for the drop
CNN By Chris Isidore, CNN Business The only thing that climbed as high as gas prices earlier this year was the disapproval of President Joe Biden, as…
Continue ReadingNew home sales fall 12.6% in July as rising prices take a toll
By Anna Bahney, CNN Business New home sales plunged in July as high prices and mortgage rates pushed buyers to think twice about closing the deal.…
Continue ReadingZoom gets slammed: Stock plunges on weak outlook
By Paul R. La Monica, CNN Business The pandemic lift for Zoom has gone poof. Shares of the video conferencing company plunged more than 15% Tuesday…
Continue ReadingTurmoil in the natural gas market spells trouble ahead
By Julia Horowitz, CNN Business The outlook for inflation and the global economy hinges in large part on where energy prices head next — which…
Continue ReadingChina turns back to coal as record heatwave causes power shortages
By Laura He, CNN Business China is mining and importing more coal as its worst heatwave and drought in six decades hits hydroelectricity, the…
Continue ReadingMore than 1,300 US flights canceled nationwide, Dallas airports hard hit due to storms
By Ross Levitt, CNN More than 1,300 US flights have been canceled as of Monday night and more than 7,400 flights have been delayed, according to the…
Continue ReadingQuiet quitting is the latest workplace trend, but it doesn’t mean what you think
CNN By Megan Marples, CNN Years of long hours, understaffed companies and burned-out employees have all led to the latest TikTok trend: quiet…
Continue ReadingWhat managers should know about ‘quiet quitting’
CNN By Jeanne Sahadi, CNN Business The now viral phrase “quiet quitting” is annoyingly imprecise and misleading. Some say it means doing…
Continue ReadingFord hit with $1.7 billion verdict for F-series pickup roof collapse that killed couple
By Chris Isidore, CNN Business The family of an elderly couple killed when the roof of their F-250 pickup collapsed during a rollover accident in…
Continue ReadingQuiet quitting is the latest workplace trend, but it doesn’t mean what you think
By Megan Marples, CNN Years of long hours, understaffed companies and burned-out employees have all led to the latest TikTok trend: quiet quitting.…
Continue ReadingTesla raises price of feature it calls ‘full self-driving’ to $15,000
By Matt McFarland, CNN Business Tesla is raising the price of its controversial driver-assist feature it calls “full self-driving” to…
Continue ReadingFord cutting 3,000 corporate jobs as part of its shift to EVs
By Chris Isidore, CNN Business Ford is cutting 3,000 white collar jobs as it prepares to shift from traditional internal combustion engine vehicles…
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