Edward Johnson III, Fidelity CEO who revolutionized investing, dies at 91
By Nicole Goodkind, CNN Business Edward “Ned” Johnson III, who oversaw Fidelity Investments’ transformation into a financial…
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Sports betting stocks are no slam dunk, even during March Madness
By Paul R. La Monica, CNN Business It’s been an exciting NCAA men’s basketball tournament so far. Baylor, the reigning champ, is already…
Continue ReadingNearly half of foreign businesses in Hong Kong are planning to relocate
By Allison Morrow, CNN Business Foreign businesses have for decades reaped the benefits of setting up shop in Hong Kong, a historically stable,…
Continue ReadingGas prices are high. Oil CEOs reveal why they’re not drilling more
CNN, CNNBUSINESS By Matt Egan, CNN Business The US oil industry doesn’t appear to be in any rush to come to the rescue of Americans struggling…
Continue ReadingGas prices are high. Oil CEOs reveal why they’re not drilling more
By Matt Egan, CNN Business The US oil industry doesn’t appear to be in any rush to come to the rescue of Americans struggling with high gas…
Continue ReadingRussia’s days as an energy superpower are coming to an end
Opinion by Nikos Tsafos for CNN Business Perspectives In a matter of weeks, the war in Ukraine has upended an energy relationship between Europe and…
Continue ReadingTax penalties are a waste of your money. Here’s how to avoid them
By Jeanne Sahadi, CNN Business Unless you enjoy throwing money away, you’ll want to do all you can to avoid being hit with tax penalties and…
Continue ReadingMortgage rates keep climbing
By Anna Bahney, CNN Business Mortgage rates continued to rise amid fears of inflation and geopolitical uncertainty. The 30-year fixed-rate mortgage…
Continue ReadingWeekly jobless claims fall to a nearly 53-year low
By Paul R. La Monica, CNN Business Just 187,000 people in the United States filed for initial weekly unemployment benefits last week, lower than…
Continue ReadingQatar will stand ‘in solidarity’ with European countries during energy crisis
By Becky Anderson, Mostafa Salem and Adam Pourahmadi, CNN Business Qatar will stand “in solidarity with Europe” and will keep natural gas…
Continue ReadingBlackRock says Russia’s war in Ukraine is the end of globalization
By Anna Cooban, CNN Business Russia’s invasion of Ukraine has ended globalization as we know it, says the head of BlackRock, the world’s…
Continue ReadingGas rationing, food vouchers and hunger: Economic pain from Russia’s war is getting real
By David Goldman, CNN Business As Russian soldiers bear down on Ukraine, increasingly desperate Ukrainians are running out of food and medicine. The…
Continue ReadingRussia is breaking market rules left and right
By Charles Riley, CNN Business Russia is breaking market rules left and right as its financial isolation deepens. The latest: Russia’s stock…
Continue ReadingRussia’s stock market reopens after month-long closure
By Charles Riley, CNN Business Russia’s stock market opened for the first time in a month on Thursday as investors took part in a highly…
Continue ReadingRenault suspends production at its Moscow facility
By Xiaofei Xu, CNN French carmaker Renault announced in a statement Wednesday that it has suspended all activities at its Moscow factory. The…
Continue ReadingRenault suspends production at its Moscow facility
CNN By Xiaofei Xu, CNN French carmaker Renault announced in a statement Wednesday that it has suspended all activities at its Moscow factory. The…
Continue ReadingRussian journalist Oksana Baulina killed in shelling incident in Kyiv
By Uliana Pavlova and Brian Stelter, CNN A Russian journalist working for the independent news site The Insider was killed in a shelling incident in…
Continue ReadingAirline CEOs urge Biden to end mask mandate, testing requirements
By Pete Muntean, CNN The CEOs of 10 airlines and cargo carriers have signed a letter to President Joe Biden saying he should end the transportation…
Continue ReadingHere’s why gas is $6 a gallon in California, even as prices fall elsewhere
By Chris Isidore, CNN Business For many drivers in California, the possibility of paying $6 a gallon for gas is no longer something to worry about…
Continue ReadingBiden administration tackles racial bias in home appraisals
By Anna Bahney and Donald Judd, CNN The White House on Wednesday announced new actions to counter racial and ethnic bias in home valuations. Vice…
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