US approves Boeing inspection and modification plan to resume 787 deliveries
Reuters The U.S. Federal Aviation Administration on Friday approved Boeing’s inspection and modification plan to resume deliveries of 787…
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U.S. Bank fined for opening ‘sham’ accounts for customers
By Ramishah Maruf, CNN The fifth-largest commercial bank in the US was fined by the Consumer Financial Protection Bureau for illegally accessing…
Continue ReadingAlex Jones’ company files for bankruptcy amid Texas trial to award damages to Sandy Hook families
CNN By Oliver Darcy, CNN Business Right-wing conspiracy theorist Alex Jones’ primary company filed for bankruptcy protection on Friday, an…
Continue ReadingWhy some people actually want a recession (and others say that’s crazy)
By Allison Morrow, CNN Business The US economy is on a knife’s edge, potentially already in a recession after a second quarter of shrinking…
Continue ReadingWhy Old Spice, Colgate and Dawn are locked up at drug stores
By Nathaniel Meyersohn, CNN Business These days, it feels like many stores are fortresses. Most of the products on the drug store shelf are behind…
Continue ReadingAlex Jones’ company files for bankruptcy amid Texas trial to award damages to Sandy Hook families
By Oliver Darcy, CNN Business Right-wing conspiracy theorist Alex Jones’ primary company filed for bankruptcy protection on Friday, an…
Continue ReadingBill Barr subpoenaed by voting tech company Smartmatic in company’s defamation lawsuit against Fox News
By Oliver Darcy, CNN Business Voting technology company Smartmatic on Thursday subpoenaed former Attorney General Bill Barr in its $2.7 billion…
Continue ReadingThe owner of Tide and Dawn has a warning about the economy
By Nathaniel Meyersohn, CNN Business Here’s another sign that the economy is slowing. Procter & Gamble, the maker of Tide, Dawn, Bounty…
Continue ReadingIt’s not just food and fuel: Inflation is impacting the cost of almost everything
By Alicia Wallace, CNN Business Inflation has crept into practically every corner of Americans’ lives. In Queens, New York, auto repair shop…
Continue ReadingSo are we in a recession, or not?
By Nicole Goodkind and Tal Yellin, CNN If you’re confused about whether the US economy is in a recession, you’re not alone. On one hand,…
Continue ReadingElectric cars don’t need better batteries. America needs better charging networks
By Peter Valdes-Dapena, CNN Business With electric cars, people often talk about “range anxiety,” and how cars with bigger batteries and…
Continue ReadingHOOD-winked? Investors not celebrating one year after Robinhood’s IPO
By Paul R. La Monica, CNN Business It’s been one year since Robinhood went public. And to say that the online broker’s performance has…
Continue Reading‘Absolutely sure’ US economy is not in recession, economist says
By Matt Egan, CNN Business The American economy is losing steam and is vulnerable to sinking into a recession but it’s not in one yet,…
Continue ReadingOpinion: The January 6 hearings will have a bigger impact than Watergate
Opinion by Bill Carter for CNN Business Perspectives Almost 50 years ago, fresh out of school, I was transfixed by the coverage of the famous…
Continue ReadingWhat a recession could mean for you
By Jeanne Sahadi, CNN Business Will there be a recession? And, if so, just how bad will it be for my finances? Those questions are looming large for…
Continue ReadingWorkers’ wages continue to climb, but not as fast as inflation
By Tami Luhby, CNN Employers continued hiking workers’ pay at a brisker-than-expected pace, but the increases still weren’t enough to…
Continue Reading$2,245.62 a second: ExxonMobil scores enormous profit on record gas prices
By Chris Isidore, CNN Business ExxonMobil and Chevron both reported record massive profits thanks to record gasoline prices during the quarter.…
Continue ReadingThe Fed’s preferred inflation measure set a new 40-year high in June
By Alicia Wallace, CNN Business Another key measure of inflation set a fresh 40-year high in June, a month marked by record-high gas prices. The…
Continue ReadingThe strange reason America’s economy is shrinking
By Julia Horowitz, CNN Business When you think about a shrinking economy, what comes to mind? Factories shutting down. A wave of job losses and few…
Continue ReadingOpinion: The types of jobs to look for (and avoid) during a recession
Opinion by Lakshman Achuthan and Anirvan Banerji for CNN Business Perspectives A couple of months ago, when the consensus outlook for the economy was…
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