Inflation? Omicron? Americans shopped right through it all
By Allison Morrow, CNN Business Editor’s Note: This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up…
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What the stock market will never get about rate hikes
By Paul R. La Monica, CNN Business The Federal Reserve may have a playbook for how it plans to tackle inflation and keep the economy humming along.…
Continue ReadingInflation? Omicron? Americans shopped right through it all
CNN, CNNBUSINESS By Allison Morrow, CNN Business Editor’s Note: This story is part of CNN Business’ Nightcap newsletter. To get it in…
Continue ReadingThe US economy grew at the fastest rate in 2021 since the Reagan administration
CNN, CNNBUSINESS By Anneken Tappe, CNN Business The US economic recovery from the depths of the Covid pandemic continued strong last year. US gross…
Continue ReadingStock rally peters out again
By Anneken Tappe, CNN Business Thursday’s stock market rally didn’t last long. The major indexes gave back sharp gains from earlier in…
Continue ReadingWarren Buffett is having the last laugh
CNN, CNN BUSINESS By Paul R. La Monica, CNN Business It’s been a tough start to the year for investors in big tech companies. Cathie…
Continue ReadingThese companies decided to go fully remote — permanently
Kathryn Vasel, CNN Business As the pandemic heads into yet another year, companies are still grappling with uncertainty in the workplace. Many have…
Continue Reading‘Significant’ risk of the US economy shrinking this quarter, BofA warns
CNN, CNNBUSINESS By Matt Egan, CNN Business Bank of America slashed its first-quarter economic outlook for the United States on Friday because of…
Continue ReadingThe economy boomed in Biden’s first year. His second will be harder
By Anneken Tappe, CNN Business The US economic recovery from the depths of the Covid pandemic continued through the end of last year. But the strong…
Continue ReadingThe investors who aren’t panicking
By Julia Horowitz, CNN Business The stock market has been jolted by indications the Federal Reserve will move to aggressively raise interest rates to…
Continue ReadingThe government has a talent problem. This bill could help change that
Opinion by Gerry Connolly for CNN Business Perspectives Our workforce is the lifeblood of the US federal government. Without individuals committed to…
Continue ReadingMcDonald’s sales haven’t been this good since Bill Clinton was president
By Danielle Wiener-Bronner, CNN Business Higher prices and chicken sandwiches are helping boost McDonald’s sales. But earnings disappointed…
Continue ReadingThis year’s Super Bowl tickets are the most expensive ever
CNN, CNN BUSINESS By Chris Isidore, CNN Business Put America’s most popular sporting event in its second-largest metropolitan area. Put the…
Continue ReadingBud Light’s first-ever zero-carb beer hits shelves next week
By Jordan Valinsky and John General, CNN Bud Light Next, the first zero-carb beer from Anheuser-Busch, is hitting shelves next week. The new beer…
Continue ReadingSouthwest returns to profitability
By Chris Isidore, CNN Business Southwest Airlines reported its first quarterly operating profit since the start of the pandemic. Still, when…
Continue ReadingPizza Hut is selling its spiciest pizza ever
By Jordan Valinsky, CNN Business Pizza Hut is hopping on the spicy food trend. Beginning Thursday, it’s rolling out the “Spicy…
Continue ReadingGlobal markets retreat after Fed signals rate hikes are coming soon
By Laura He, CNN Business Global stock markets dropped Thursday after the US Federal Reserve signaled it that will move quickly to hike interest…
Continue ReadingAnxiety and anger grip press corps in Mexico after spate of murders
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingRents rose five times faster in 2021 than 2020
By Anna Bahney, CNN Business Rents are continuing to rise across the US. The cost of rent, on average, was 10.1% higher in 2021 than in 2020, growing…
Continue ReadingTesla reports record profit, but warns of continued supply chain issues
By Chris Isidore, CNN Business Tesla shook off supply chain issues to more than triple earnings from year-ago results, easily topping Wall…
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