Tupperware shares are up 165% this week as meme stock mania takes hold
CNN By Nicole Goodkind, CNN New York (CNN) — The meme traders are back. Shares of Tupperware (TUP) have exploded by about 165% this week and…
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Adidas clearing out more Yeezy shoes in second wave
By Parija Kavilanz, CNN New York (CNN) — Adidas is releasing a second wave of Yeezy shoes into the market as it moves to clear out the…
Continue ReadingAmericans continue to feel better about inflation and the economy
By Bryan Mena, CNN Washington, DC (CNN) — US consumers have been feeling a whole lot better this summer as inflation has continued to slow.…
Continue ReadingUS paychecks aren’t growing as quickly. That’s good for the Fed — but not for workers
By Bryan Mena, CNN Washington, DC (CNN) — US wage gains cooled in the second quarter, showing some easing of inflationary pressures, according…
Continue ReadingAmericans continue to feel better about inflation and the economy
CNN By Bryan Mena, CNN Washington, DC (CNN) — US consumers have been feeling a whole lot better this summer as inflation has continued to slow.…
Continue ReadingThe Fed’s favorite inflation measure cooled down even further in June
By Alicia Wallace, CNN Minneapolis (CNN) — Another key economic report further propped up the idea that a soft landing is not only possible,…
Continue ReadingExxonMobil earnings fell on sinking oil prices
By Chris Isidore, CNN New York (CNN) — ExxonMobil’s profit fell sharply in the second quarter on lower oil and natural gas prices, leaving…
Continue ReadingEurope’s recession may already be over
By Mark Thompson, CNN (CNN) — Solid economic growth in France and Spain, and a very modest recovery in Germany could be enough to confirm that…
Continue ReadingJapan sends yen soaring and stocks tumbling with hint it could join rate-hiking party
By Laura He, CNN (CNN) — Japan’s central bank kept interest rates unchanged Friday despite rising inflation but hinted that it could…
Continue ReadingBollywood film ‘Bawaal’ accused of trivializing Holocaust and demeaning victims
By Rhea Mogul, CNN New Delhi (CNN) — A Bollywood film has been accused of trivializing the murder of millions during the Holocaust with…
Continue ReadingNewly unveiled banking regulation wouldn’t have prevented this year’s US bank failures
By Elisabeth Buchwald, CNN New York (CNN) — US bank regulators advanced proposals on Thursday aimed at safeguarding the nation’s largest…
Continue ReadingEast Palestine train derailment has now cost Norfolk Southern $1 billion
By Chris Isidore, CNN New York (CNN) — The costs to Norfolk Southern from the February derailment in East Palestine, Ohio, are now approaching…
Continue ReadingElectric cars aren’t just for the wealthy anymore
By Peter Valdes-Dapena, CNN Business (CNN) — Thanks to a combination of new models, more production and new tax laws, electric vehicles are no…
Continue ReadingEurope’s banks are bracing for a wave of defaults
CNN By Anna Cooban, CNN London (CNN) — Some of Europe’s biggest banks are setting aside more cash to absorb potential losses on loans, as…
Continue ReadingYellow Corp trucking company shares plunge as bankruptcy looms
By Chris Isidore, CNN New York (CNN) — The end may be close for Yellow Corp, a nearly century-old trucking company with 30,000 employees. The…
Continue ReadingThe Dow is sinking, jeopardizing what could be its longest run since 1897
By Krystal Hur, CNN New York (CNN) — The Dow slipped on Thursday, putting the blue-chip index on pace to snap a 13-day winning streak. The Dow…
Continue ReadingThe US economy grew stronger than expected in the second quarter, but consumers are pulling back
By Bryan Mena, CNN Washington (CNN) — The US economy picked up steam in the second quarter despite punishing rate hikes and still-high inflation,…
Continue ReadingThe European Central Bank hikes rates to historic high but hints it could pause
By Hanna Ziady, CNN London (CNN) — The European Central Bank raised interest rates by a quarter of a percentage point Thursday but hinted it…
Continue ReadingMicrosoft under European antitrust investigation over Teams
By Brian Fung, CNN Washington (CNN) — European officials are investigating whether Microsoft’s practice of bundling its Teams software with…
Continue ReadingGrimace shakes help send McDonald’s sales surging
By Danielle Wiener-Bronner, CNN New York (CNN) — When McDonald’s introduced a limited-edition purple shake in honor of Grimace’s birthday,…
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