A third of Brits face poverty with energy bills set to hit $5,000
By Anna Cooban, CNN Business Nearly one third of households in the United Kingdom will face poverty this winter after paying energy bills that are…
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New business taxes are coming. Wall Street isn’t worried
CNN, CNN BUSINESS By Julia Horowitz, CNN Business The most powerful business lobby in the United States is not a fan of the landmark heath care and…
Continue ReadingUS consumers continue to spend, but rising inflation has shifted their priorities
CNN, CNNBUSINESS Martha C. White for CNN Business With lower gas prices effectively putting more money back in their pockets, Americans continued to…
Continue ReadingGood inflation news: Online shopping prices are suddenly falling fast
CNN By Matt Egan, CNN Business The world of online shopping was long immune to inflation until Covid-19 turned everything upside down. E-commerce…
Continue ReadingGood inflation news: Online shopping prices are suddenly falling fast
By Matt Egan, CNN Business The world of online shopping was long immune to inflation until Covid-19 turned everything upside down. E-commerce prices…
Continue ReadingIs inflation taking a summer vacation?
By Nicole Goodkind, CNN Business It’s August, and that means pretty much all of Wall Street is on vacation right now. The Fed has locked its…
Continue ReadingIs inflation taking a summer vacation?
CNN By Nicole Goodkind, CNN Business It’s August, and that means pretty much all of Wall Street is on vacation right now. The Fed has locked…
Continue ReadingShanghai factory upgrade slashed Tesla’s China sales last month
By Laura He, CNN Business Tesla’s sales of China-made vehicles plunged 64% in July from a month earlier, as the company’s ambitious…
Continue ReadingSteak’s off the table: Inflation-weary shoppers are switching to chicken
By Nathaniel Meyersohn, CNN Business Inflation-weary shoppers are pulling back on buying pricey steaks and switching to cheaper chicken at the…
Continue ReadingGas prices have fallen. Here’s why inflation hasn’t
CNN Martha C. White Gas prices have been trending downward for more than 50 consecutive days, giving drivers some much-needed financial relief at the…
Continue ReadingGas prices have fallen. Here’s why inflation hasn’t
Martha C. White Gas prices have been trending downward for more than 50 consecutive days, giving drivers some much-needed financial relief at the…
Continue ReadingToyota is offering to buy back an electric SUV because its wheels could fall off
By Peter Valdes-Dapena, CNN Business In June, Toyota issued a warning to owners of its BZ4X electric SUV that they should stop driving the vehicle…
Continue ReadingThe meme stock craze is back: AMC, GameStop and Bed Bath & Beyond soar
By Paul R. La Monica, CNN Business Meme mania has returned to the stock market with a vengeance. Shares of movie theater chain AMC, video game…
Continue ReadingMike Tyson slams Hulu’s new series about him: ‘They stole my life story’
By Frank Pallotta, CNN Business Mike Tyson is not happy about Hulu’s new scripted limited series about his life. The former heavyweight…
Continue ReadingLandmark climate and health care bill won’t crush corporate profits, Goldman Sachs says
By Matt Egan, CNN Business Even as some business groups cry foul over the tax provisions in the Inflation Reduction Act, economists at Goldman Sachs…
Continue ReadingWarren Buffett’s company lost $44 billion last quarter, but it’s not really bad news
By Paul R. La Monica, CNN Business Warren Buffett is just like the rest of us. He got crushed by the plunge in the stock market during the first half…
Continue ReadingLegal trouble delays Trump SPAC deal as buyer seeks more time to complete merger
By Matt Egan, CNN Business After facing a series of regulatory obstacles, the shell company attempting to take over former President Donald…
Continue ReadingOpinion: The housing market is slowing down, but homes aren’t getting cheaper anytime soon
Opinion by Orphe Divounguy for CNN Business Perspectives Rising home prices and mortgage rates have made it next to impossible for many Americans to…
Continue ReadingAirline asked its senior executives to temporarily help as airport baggage handlers
CNN, CNN BUSINESS By Anna Cooban, CNN Business Australian airline Qantas has asked its senior executives to help out as airport baggage handlers as…
Continue ReadingAirline asked its senior executives to temporarily help as airport baggage handlers
By Anna Cooban, CNN Business Australian airline Qantas has asked its senior executives to help out as airport baggage handlers as it struggles to…
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