Volkswagen CEO to leave in surprise move
By Chris Isidore, CNN Business Volkswagen’s CEO is leaving his post in a surprise move, effective September 1. The company announced Friday…
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FedEx is trimming Sunday delivery to US rural homes
By Chris Isidore, CNN Business FedEx’s Ground service will stop making Sunday deliveries to about 15% of the US homes it’s currently…
Continue ReadingRise in gasoline prices threatens social stability and food security in Latin America
By Stefano Pozzebon, CNN South American countries are bracing for an autumn of discontent, as spiking global fuel prices threaten to provoke more…
Continue ReadingWhy these ‘unretirees’ went back to work
By Kathryn Vasel, CNN Business In 2020, Joe DiPastena felt confident enough to retire earlier than planned. But by 2022, he was having second…
Continue Reading‘Nope’ hopes to be Jordan Peele’s latest out-of-this-world hit
By Frank Pallotta, CNN Business Jordan Peele is hoping to go three-for-three at the box office. The director’s third movie, “Nope,”…
Continue Reading‘Nope’ is Jordan Peele’s latest No. 1 film at the box office
CNN By Frank Pallotta, CNN Business “Nope,” Jordan Peele’s third movie, opened to an estimated $44 million this weekend in North…
Continue ReadingRecession warning: Some Americans are having trouble paying bills
By Paul R. La Monica, CNN Business Is America’s economy already in a recession? That’s a debate among central bankers, investors and…
Continue ReadingOpinion: Without real solutions, renters will continue to be worse off
Opinion by Jung Hyun Choi and Daniel Pang for CNN Business Perspectives Over the past year, both rents and home prices have risen faster than…
Continue ReadingYou’re not the only one who’s confused about the economy. The experts are baffled, too
Martha C. White The recovery wasn’t supposed to go like this. Wall Street and Main Street alike are suffering from whiplash when it comes to…
Continue ReadingWhy a social media app is dragging the market lower
By Julia Horowitz, CNN Business An average 347 million people use Snapchat every day. That’s a fraction of the nearly 2 billion daily active…
Continue ReadingWhy a social media app is dragging the market lower
CNN By Julia Horowitz, CNN Business An average 347 million people use Snapchat every day. That’s a fraction of the nearly 2 billion daily…
Continue ReadingGermany bails out its biggest natural gas importer
By Anna Cooban, CNN Business The German government has stepped in to bail out one of its biggest energy companies — the latest casualty of…
Continue ReadingAs more coupons move online, older and low-income shoppers get left out
By Nathaniel Meyersohn, CNN Business Susie Ingram has been a coupon-clipper all her life. “It has saved me a lot of money over the…
Continue ReadingChina extends property loans at the fastest pace in three years as mortgage crisis spreads
By Laura He, CNN Business China’s banking regulator has pledged to boost lending to help developers finish stalled property projects and boost…
Continue ReadingTo infinity and beyond: Mattel announces toy deal with SpaceX
By Chiara Grimes, CNN Business Mattel, Inc. announced Wednesday that it has entered into a multi-year, worldwide agreement with SpaceX to create a…
Continue ReadingHow to invest like Warren Buffett during a recession
By Nicole Goodkind, CNN Business Between 2020 and 2022, stocks shot toward the moon. This year, they’ve been jettisoned back to Earth. The…
Continue ReadingDomino’s is still struggling to get pizza to your house
By Danielle Wiener-Bronner, CNN Business Domino’s is still struggling with delivery. “The delivery business continued to be more…
Continue ReadingTesla dumped a big chunk of its bitcoin holdings. Should you?
By Paul R. La Monica, CNN Business Bitcoin prices were cooling off Thursday following a big spike in the past week. And it appears Elon Musk might be…
Continue ReadingEurope’s economy is in dire straits. This week presents a crucial test
CNN By Julia Horowitz, CNN Business Europe’s economy, which accounts for almost a fifth of the world’s output, is facing its toughest…
Continue ReadingEurope’s economy surprisingly grew last quarter, easing recession fears (for now)
CNN By Anna Cooban and Julia Horowitz, CNN Business Europe’s economy grew unexpectedly in the second quarter of this year, allaying concerns…
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