America may dodge a crippling rail strike. Here’s how we got here
By Chris Isidore, CNN Business A crippling freight railroad strike that threatened to upend the US economy now looks unlikely, as Congress votes on…
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Smaller rate hikes are likely coming in December, says Fed Chair Powell
By Alicia Wallace and Lucy Bayly, CNN Business The Federal Reserve could pull back on the pace of its aggressive rate hikes as soon as December, Fed…
Continue ReadingLordstown Motors set to deliver first pickups built at former GM plant
By Peter Valdes-Dapena, CNN Business Lordstown Motors, a startup company building electric pickups in a former General Motors factory, is ready to…
Continue ReadingThe US economy’s growth was stronger than expected in the third quarter
By Chris Isidore, CNN Business The US economy grew much faster than expected in the third quarter, according to the latest gross domestic product…
Continue ReadingCNN begins layoffs amid economic uncertainty, cost-cutting pressures from parent company
By Oliver Darcy, CNN Business CNN on Wednesday informed employees that layoffs had commenced, a move that is expected to impact hundreds of staffers…
Continue ReadingThe number of available jobs in the US fell in October
By Alicia Wallace, CNN Business The number of job openings in the United States dropped in October, but the labor market still remains historically…
Continue ReadingBob Iger’s biggest challenge at Disney: Finding the next Bob Iger
By Frank Pallotta, CNN Business Bob Iger has a lot on his to do list in his second round as Disney’s CEO. The 71 year-old newly unretired…
Continue ReadingChick-fil-A is selling merchandise for the first time ever
By Jordan Valinsky, CNN Business If your holiday wish list includes a Chick-fil-A sauce-themed blanket or a chicken nugget pillow, look no further.…
Continue ReadingConsumers are keeping the economy afloat… for now
By Nicole Goodkind, CNN Business American shoppers just keep on spending, lending vital support to the economy. The question is: How long will it…
Continue ReadingLamborghini’s last purely gas-powered supercar is a road car turned into an off-road monster
By Peter Valdes-Dapena, CNN Business The Lamborghini Huracán Sterrato, officially unveiled in Miami Wednesday will be the Italian automaker’s…
Continue ReadingLamborghini’s last purely gas-powered supercar is a road car turned into an off-road monster
CNN By Peter Valdes-Dapena, CNN Business The Lamborghini Huracán Sterrato, officially unveiled in Miami Wednesday will be the Italian…
Continue ReadingGlobal 4-day week pilot was a huge success, organizers say
By Anna Cooban, CNN Business The verdict is in: A four-day work week is good for business. After six months, most of the 33 companies and 903 workers…
Continue ReadingInflation in Europe drops for the first time in 17 months
By Julia Horowitz, CNN Business For the first time in 17 months, inflation in Europe is easing. Consumer prices rose by 10% in the year to November,…
Continue ReadingChina to punish internet users for ‘liking’ posts in crackdown after zero-Covid protests
CNN By Laura He, CNN Business Internet users in China will soon be held liable for liking posts deemed illegal or harmful, sparking fears that the…
Continue ReadingChina to punish internet users for ‘liking’ posts in crackdown after zero-Covid protests
By Laura He, CNN Business Internet users in China will soon be held liable for liking posts deemed illegal or harmful, sparking fears that the…
Continue ReadingBusinesses scramble to limit the damage of looming freight rail strike
By Matt Egan and Kate Trafecante, CNN From retailers and computer chip makers to the oil-and-gas industry, businesses are scrambling to find…
Continue ReadingAmerican consumers got holiday shopping off to a strong start
CNN By Nathaniel Meyersohn, CNN Business Americans dished out for toys, televisions and clothing on Black Friday and into the holiday weekend,…
Continue ReadingAmerican consumers got holiday shopping off to a strong start
By Nathaniel Meyersohn, CNN Business Americans dished out for toys, televisions and clothing on Black Friday and into the holiday weekend, despite…
Continue ReadingThere’s a big problem with the Kroger-Albertsons supermarket merger
By Nathaniel Meyersohn, CNN Business When Christine Martinez found out last month that Kroger and Albertsons planned to merge in a deal worth nearly…
Continue ReadingHow an arcane 96-year-old law stopped the rail strike
CNN By Chris Isidore, CNN Business Most labor disputes never end up being debated in Congress. But thanks to a nearly century-old law that regulates…
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