Prices may be rising, but Americans shopped more than expected in January
CNN By Anneken Tappe and Nathaniel Meyersohn, CNN Business Inflation is rampant in the pandemic economy, but that didn’t keep Americans from…
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Warren Buffett’s Berkshire Hathaway perfectly timed an out-of-left-field investment
By Paul R. La Monica, CNN Business Sometimes in investing, a little luck goes a long way. Just ask Warren Buffett. The Oracle of Omaha is set to make…
Continue ReadingJustin Bieber almost single-handedly turned around Tim Hortons
CNN, HLN By Jordan Valinsky, CNN Business Tim Hortons is singing Justin Bieber’s praises Tuesday because his line of donuts just turned around…
Continue ReadingNo end to America’s rising prices: Another inflation measure rose in January
By Anneken Tappe, CNN Business America’s rising prices were unrelenting in January. Another key inflation measure showed prices rising more…
Continue ReadingDow jumps more than 400 points after Russia says it’s withdrawing some troops
By Matt Egan, CNN Business Wall Street’s Russia-Ukraine fears eased Tuesday morning after Russia announced it is withdrawing some troops…
Continue ReadingIs the mighty US consumer faltering?
By Julia Horowitz, CNN Business America’s economy is driven by shoppers who shell out big money for items like iPhones, sofas and cars and…
Continue ReadingJustin Bieber almost single-handedly turned around Tim Hortons
By Jordan Valinsky, CNN Business Tim Hortons is singing Justin Bieber’s praises Tuesday because his line of donuts just turned around the…
Continue ReadingA Super Bowl hangover for sports betting companies
CNN By Paul R. La Monica, CNN Business The Super Bowl was a bonanza for the gambling business thanks to new customers from New York, which recently…
Continue ReadingMajor banks pledging net zero are pouring money into the dirtiest fossil fuel
Story by Reuters Financial institutions channeled more than $1.5 trillion into the coal industry in loans and underwriting from January 2019 to…
Continue ReadingElon Musk has donated $5.7 billion in Tesla shares to charity
By Charles Riley, CNN Business Tesla CEO Elon Musk has donated roughly $5.7 billion worth of the electric carmaker’s shares to charity. The…
Continue ReadingHollywood actor sentenced to 20 years for multimillion-dollar Ponzi scheme
By Rob McLean, CNN Business Zachary Horwitz, a small-time actor who admitted to operating a multimillion-dollar Ponzi scheme, was sentenced to 20…
Continue ReadingDow has its worst day of the year, falling 622 points amid Russia-Ukraine invasion fears
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business President Joe Biden and Secretary of State Antony Blinken believe a Russian invasion of Ukraine…
Continue ReadingThere wasn’t a single Tesla ad during the Super Bowl. Here’s why
By Chris Isidore, CNN Business If you were to judge the US auto market by this year’s Super Bowl ads, you’d think virtually all the cars…
Continue ReadingDow falls after US announces closure of Kyiv embassy
By David Goldman, CNN Business The stock market gave investors whiplash Monday as Wall Street tried to predict the next events in a rapidly evolving…
Continue ReadingWhat the Super Bowl ads tell us about the current state of America
Opinion by Tim Calkins for CNN Business Perspectives The Super Bowl is the biggest single advertising event of the year. Companies line up to spend…
Continue ReadingWheat and corn prices could jump if Russia invades Ukraine
By Julia Horowitz, CNN Business Concerns about an imminent Russian invasion of Ukraine are roiling the market for agricultural products like wheat at…
Continue ReadingHow a Russian invasion in Ukraine could disrupt life in America
By Paul R. La Monica, CNN Business If Russia invades Ukraine, global stock markets could be in for a rough ride — much worse than most other…
Continue ReadingA long war between Russia and Ukraine could make prices surge and stocks tumble
CNN By Paul R. La Monica, CNN Business If Russia invades Ukraine, global stock markets could be in for a rough ride — much worse than most other…
Continue ReadingHow a Russian invasion in Ukraine could disrupt life in America
CNN By Paul R. La Monica, CNN Business If Russia invades Ukraine, global stock markets could be in for a rough ride — much worse than most other…
Continue Reading‘People are unhappy’: Fed official warns on high inflation
By Matt Egan High inflation is making Americans unhappy, and the Federal Reserve must step up its campaign to get prices back under control, a top…
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