Did you retire during the pandemic, but then decide to head back to work?
The pandemic pushed over 2.6 million more people into retirement than projected, according to the Federal Reserve Bank of St. Louis. The reasons for…
Continue ReadingMoney
Tesla is trying an old trick to boost its stock. It may not work
CNN, CNNBUSINESS By Julia Horowitz, CNN Business In recent years, when a company announced it was splitting its stock, Wall Street went wild. When…
Continue ReadingJeep Wrangler tips over again in IIHS crash test
By Peter Valdes-Dapena, CNN Business A Jeep Wrangler tipped over onto its side during a crash test by the Insurance Institute for Highway Safety.…
Continue ReadingOpinion: Elon Musk’s work policy is bad for employees, but it’s even worse for Tesla
Opinion by Kara Alaimo for CNN Business Perspectives Earlier this week, Tesla CEO Elon Musk sent emails announcing that the company’s employees…
Continue ReadingStarbucks is reopening in Shanghai
By Danielle Wiener-Bronner, CNN Business Starbucks is reopening in Shanghai, a sign of hope as the city slowly emerges from its strict Covid…
Continue ReadingUS employers added 390,000 jobs despite fears of slowdown
By Chris Isidore, CNN Business US employers added 390,000 jobs in May, representing a robust but slower pace of hiring, according to the Bureau of…
Continue ReadingJob scams are on the rise. Watch out for these red flags
CNN, CNNBUSINESS By Kathryn Vasel, CNN Business The strong labor market has given us near record low unemployment, higher wages — and an…
Continue ReadingLeBron James is now a billionaire
CNN By Jordan Valinsky, CNN Business LeBron James is a billionaire, marking the first time an active NBA player has achieved that milestone,…
Continue Reading3 signs that the US economy is already losing steam
By Julia Horowitz, CNN Business Fears about whether America could fall into a recession are dominating conversations among investors and pose a risk…
Continue ReadingThe world may be careening toward a 1970s-style energy crisis — or worse
CNN, CNNBUSINESS By Matt Egan, CNN Business The world is grappling with gravity-defying energy price spikes on everything from gasoline and natural…
Continue ReadingMore than a week after Uvalde massacre, officials are still avoiding the media’s questions about what happened
CNN By Brian Stelter, CNN Business The obituaries for the shooting victims of Robb Elementary took up three full pages in the Uvalde Leader-News on…
Continue ReadingRight-wing conspiracy outlet Infowars moves to exit bankruptcy
By Oliver Darcy, CNN Business Three companies tied to the far-right conspiracy theorist Alex Jones, including the fringe media organization Infowars,…
Continue ReadingGas prices are skyrocketing. Here’s why people haven’t cut back on spending – yet
By Chris Isidore, CNN Business Soaring gas prices have done little to slow US drivers’ purchases at the pump. But they could start to spend…
Continue ReadingMore than a week after Uvalde massacre, officials are still avoiding the media’s questions about what happened
CNN By Brian Stelter, CNN Business The obituaries for the shooting victims of Robb Elementary took up three full pages in the Uvalde Leader-News on…
Continue ReadingLeBron James is now a billionaire
By Jordan Valinsky, CNN Business LeBron James is a billionaire, marking the first time an active NBA player has achieved that milestone, according to…
Continue ReadingWendy’s is getting a shake-up — again
By Danielle Wiener-Bronner, CNN Business Last week, activist investor Nelson Peltz said in a regulatory filing that Trian Partners, his investment…
Continue ReadingFord announces $3.7 billion investment to build electric vehicles, trucks, new Mustang
By Peter Valdes-Dapena, CNN Business Ford announced a new $3.7 billion investment Thursday across three mid-western states to build a new…
Continue ReadingOpinion: Small businesses like mine are struggling to deal with rising prices for almost everything
Opinion by Mike Zaffaroni for CNN Business Perspectives The last time the American economy experienced explosive inflation, my company, Liberty…
Continue ReadingElectric supercar maker Rimac receives over $500 million investment from Porsche and others
By Peter Valdes-Dapena, CNN Business Rimac Group, the Croatian maker of exotic electric supercars that now controls Bugatti, announced that it…
Continue ReadingChewy may be getting out of Wall Street’s doghouse
By Paul R. La Monica, CNN Business So much for Amazon eating Chewy’s kibble. The pet supply e-tailer reported surprise profit and sales numbers…
Continue Reading