LeBron 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…
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Wendy’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 ReadingMortgage rates dip again, but it’s still tough to afford a home
By Anna Bahney, CNN Business Mortgage rates fell slightly this week, marking the third consecutive week of declines. But with rates hovering above 5%…
Continue ReadingThe world may be careening toward a 1970s-style energy crisis — or worse
By Matt Egan, CNN Business The world is grappling with gravity-defying energy price spikes on everything from gasoline and natural gas to coal. Some…
Continue ReadingHere’s when to say ‘no’ at work
By Kathryn Vasel, CNN Business You’ve just volunteered to help show a new colleague the ropes. But now you’re trying to figure out when…
Continue Reading3 signs that the US economy is already losing steam
CNN, CNNBUSINESS By Julia Horowitz, CNN Business Fears about whether America could fall into a recession are dominating conversations among investors…
Continue Reading$2 trillion in savings may not rescue the economy
By Julia Horowitz, CNN Business The CEO of the biggest US bank estimates that Americans are still sitting on $2 trillion in pandemic-era savings that…
Continue ReadingAmerica’s employers keep hiring despite high costs and a potential recession
By Anneken Tappe, CNN Business America’s employers are expected to have added hundreds of thousands of jobs in May, even in the face of high…
Continue ReadingBrace yourselves for an economic ‘hurricane,’ Jamie Dimon says
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business Jamie Dimon is no meteorologist, but the JPMorgan Chase CEO is predicting an economic…
Continue ReadingHow Americans can watch the Queen’s Platinum Jubilee
By Anna Cooban, CNN Business Queen Elizabeth II is celebrating 70 years on the throne this weekend with a busy schedule of ceremonies, parades and…
Continue ReadingHow America is coping with inflation: Buy what’s needed, nothing more
By Parija Kavilanz, CNN Business Prices are rising for just about everything, forcing millions of Americans to make increasingly difficult choices.…
Continue ReadingOPEC agrees to pump more oil as Russian output drops
CNN, CNN BUSINESS By Mark Thompson, CNN Business OPEC has agreed to pump more crude oil over the next two months as Russian production begins to drop…
Continue ReadingOPEC agrees to pump more oil as Russian output drops
By Mark Thompson, CNN Business OPEC has agreed to pump more crude oil over the next two months as Russian production begins to drop because of…
Continue Reading‘Top Gun: Maverick’ brings back the Taiwan flag after controversy
By Michelle Toh and Wayne Chang, CNN Business “Top Gun: Maverick” is now showing Taiwan’s official flag after an outcry, putting…
Continue ReadingThe new Chevrolet Bolt will be the cheapest electric vehicle in the US
By Matt McFarland, CNN Business General Motors announced Wednesday that it’s cut the price of the most affordable Chevrolet Bolt to $26,595,…
Continue ReadingJohn Madden appears on first ‘Madden’ cover since 2000 in tribute to late coach
By Frank Pallotta, CNN Business The cover of “Madden” has always held a special place in the world of video games and sports, but this…
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