What rising interest rates mean for you
CNN By Jeanne Sahadi, CNN Business In its continued bid to quash high inflation, the Federal Reserve on Wednesday raised the overnight bank lending…
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Sprite will no longer be sold in green bottles
By Jordan Valinsky, CNN Business Sprite is retiring its green plastic bottles after more than 60 years. Coca-Cola said Wednesday it’s changing…
Continue ReadingFed makes history with second massive rate hike in as many months
By Nicole Goodkind, CNN Business What seemed unfathomable just six months ago — a 75-basis-point rate hike by the Federal Reserve — has…
Continue ReadingWhat the Fed rate hike means for you
By Matt Egan, CNN Business The Federal Reserve is stepping up its war on inflation. That means borrowing costs are going sharply higher for families…
Continue ReadingThis counts as good news for Boeing
By Chris Isidore, CNN Business Boeing has become so embattled, the company’s stock rose even after reporting a worse-than-expected loss and…
Continue ReadingHow to take advantage of rising interest rates
By Jeanne Sahadi, CNN Business With the Federal Reserve’s interest rate hike on Wednesday — its fourth since March — consumers…
Continue ReadingOpinion: The toughest part of the Fed’s job may already be done
Opinion by David Wilcox for CNN Business Perspectives The US economy may have begun to cool some, but it is still seriously overheated. Employers are…
Continue ReadingWall Street doesn’t want the Fed to chill out
By Julia Horowitz, CNN Business Investors are uneasy as the Federal Reserve gears up for its latest policy announcement on Wednesday. But their hope…
Continue ReadingSouth Korean giant SK Group is pouring $22 billion into the United States
By Michelle Toh, CNN Business South Korea’s second biggest conglomerate is investing $22 billion into the United States, in high-priority areas…
Continue ReadingThe stock market is practically begging for a recession
By Nicole Goodkind, CNN Business Wall Street has a serious case of recession dread. Inflation is at a 40-year high and the Federal Reserve is…
Continue ReadingDozens dead after drinking bootleg alcohol in western India
By Swati Gupta and Rhea Mogul, CNN At least 36 people have died and about 50 others have been hospitalized in western India after drinking…
Continue ReadingNational Press Club blasts LIV Golf event as ‘attempt to minimize the grisly bone-saw’ murder of WaPo columnist
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingSandy Hook parents ask jury to return $150 million verdict in defamation suit against Alex Jones
By Lauren del Valle and Oliver Darcy, CNN The lawyer for two Sandy Hook families that have sued right-wing conspiracy theorist Alex Jones asked a…
Continue ReadingGlossier is coming to Sephora
By Parija Kavilanz, CNN Business Cosmetics company Glossier, which has cultivated a cult-like following among Millennials and Gen Zers, announced…
Continue ReadingNext sign of the market apocalypse: Single-stock ETFs
By Paul R. La Monica, CNN Business The Wall Street gambling parlor is still alive and well. Asset management firm AXS Investments recently launched…
Continue ReadingHere come the discounts at Walmart, Best Buy and Gap
CNN By Nathaniel Meyersohn, CNN Business A glimmer of relief is emerging at the checkout aisle: the return of discounts. Walmart, Best Buy, Gap,…
Continue ReadingConsumer confidence slips for third straight month
By Alicia Wallace, CNN Business Americans grew even more pessimistic about the US economy over the past month, according to the latest survey on…
Continue ReadingHome prices are still going strong, but there are signs of slowing
By Anna Bahney, CNN Business US home prices were up nearly 20% in May compared to the year before. But there were signs the market began to cool as…
Continue ReadingMcDonald’s customers shrug off higher menu prices as revenue jumps
By Danielle Wiener-Bronner, CNN Business McDonald’s has been raising menu prices and customers are eating it up. Sales at McDonald’s US…
Continue Reading‘Edge of a global recession’: IMF slashes world economic forecast again
By Michelle Toh, CNN Business The global economy is already in trouble, yet risks keep piling up. In a report released Tuesday, the International…
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