Formula 1 stock zooms higher on nascent US fandom
By Paul R. La Monica, CNN Business The globally loved Formula 1 racing is winning more US fans, thanks largely to Netflix’s popular…
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Formula 1 stock zooms higher on nascent US fandom
CNN By Paul R. La Monica, CNN Business The globally loved Formula 1 racing is winning more US fans, thanks largely to Netflix’s popular…
Continue ReadingEurope turns its back on Russian coal. Is oil next?
By Anna Cooban, CNN Business European leaders have agreed to phase out Russian coal imports as part of a new package of sanctions triggered by…
Continue ReadingHere’s when you should hire a tax pro
By Jeanne Sahadi, CNN Business You know you have to pay taxes. So you may not be eager to spend yet more money to work with a tax professional. But…
Continue ReadingRecession-proof stocks are having a moment
By Julia Horowitz, CNN Business Investors are worried that the risks of a recession are rising in the United States. In Europe, they fear economies…
Continue ReadingRussia’s Rusal calls for an investigation into Bucha ‘crime’
By Chris Liakos and Anna Cooban, CNN Business Russian metals company Rusal has called for an investigation into the killing of civilians in Bucha, a…
Continue ReadingLockdowns in Shanghai and other Chinese cities pose a growing threat to the economy
By Laura He, CNN Business China’s unwavering commitment to stamping out Covid by locking down big cities such as Shanghai threatens to deal a…
Continue ReadingUS consumer debt jumped by $40 billion in February
By Anneken Tappe, CNN Business Americans got into a lot more debt in February as rampant inflation kept up the pressure, the Federal Reserve’s…
Continue ReadingTesla marks opening of new Texas Gigafactory with ‘Cyber Rodeo’
By Matt McFarland, CNN Business Tesla held a party Thursday night to mark the opening of its new manufacturing plant in Austin, Texas. Tesla’s…
Continue ReadingHome affordability gets worse as prices and mortgage rates rise
By Anna Bahney, CNN Business As both home prices and mortgage rates rise, buying a home is increasingly unaffordable for a growing number of…
Continue ReadingDiscovery announces executive team for forthcoming Warner Bros. Discovery media giant
By Brian Stelter, CNN Business Discovery chief executive David Zaslav on Thursday announced the leadership team for Warner Bros. Discovery, the media…
Continue ReadingWar in Ukraine is scrambling the world’s ability to fight climate change
By Alicia Wallace, CNN Business The war in Ukraine has thrown the global economy into chaos — and the worst is yet to come, experts say. The…
Continue ReadingRussia has lost 79 planes to sanctions
By Chris Isidore, CNN Business Sanctions put in place in response to Russia’s invasion of Ukraine have caused the nation’s air carriers…
Continue ReadingThis Walmart job starts at $95,000 a year
By Nathaniel Meyersohn, CNN Business Walmart is raising pay for long-haul truck drivers, a taxing job that is increasingly difficult for companies to…
Continue ReadingWhat a real estate bubble would mean for homebuyers
By Anna Bahney, CNN Business As if home prices in the US weren’t high enough, now they’re getting even more expensive. Stubbornly low…
Continue ReadingSoFi stock plunges after Biden extends student loan payment moratorium
By Paul R. La Monica, CNN Business Good news for student loan holders is bad news for anyone who happens to be an investor in fintech company SoFi.…
Continue ReadingJobless claims match 1968 low
By Anneken Tappe, CNN Business America’s labor market is on fire. There are far more available jobs than workers and the latest data on initial…
Continue ReadingMortgage rates rise, inching closer to 5%
By Anna Bahney, CNN business Mortgage rates rose again this week, inching closer to 5%. The 30-year fixed-rate mortgage averaged 4.72% in the week…
Continue ReadingECB President Christine Lagarde tests positive for Covid
By Chris Isidore, CNN Business Christine Lagarde, the president of the European Central Bank, disclosed Thursday that she has tested positive for…
Continue ReadingRachel Maddow’s MSNBC show is going weekly starting in May
CNN By Brian Stelter, CNN Business Starting in May, MSNBC’s highest-rated star Rachel Maddow will be hosting her 9 p.m. Eastern show just one…
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