The risk of an accidental recession is rising, Goldman Sachs says
By Matt Egan, CNN Business Goldman Sachs is urging the Federal Reserve to be patient in its quest to squash inflation. Even though inflation remains…
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Kraft Heinz CEO: Inflation and supply shortages are here to stay for a while
By Christine Romans, CNN Kraft Heinz CEO Miguel Patricio says higher inflation and supply issues are coursing through the food industry, forcing…
Continue ReadingHow this Midwest bank is doing much better than Wall Street giants
By Paul R. La Monica, CNN Business Banks are in a bind. Rising interest rates should be good news for financial firms because they boost…
Continue ReadingAlmost two-thirds of economists think the economy is in or near a recession
By Alicia Wallace, CNN Business Almost two-thirds of corporate economists believe the United States is already in a recession or will be within the…
Continue ReadingNew UK prime minister faces huge economic challenges as well as messy politics
CNN By Julia Horowitz, CNN Business Britain’s third prime minister in seven weeks will face the huge challenge of projecting stability after a…
Continue ReadingPound seesaws as Rishi Sunak prepares to confront UK’s huge economic challenges
By Julia Horowitz, CNN Business Rishi Sunak, Britain’s third prime minister in seven weeks, will face the huge challenge of projecting…
Continue ReadingWhy investors aren’t going green
By Nicole Goodkind, CNN Business ESG investing — evaluating companies using environmental, social and governance factors — was one of the…
Continue ReadingHong Kong stocks plunge 6% as fears about Xi’s third term trump China GDP data
By Laura He, CNN Business Hong Kong stocks had their worst day since the 2008 global financial crisis, just a day after Chinese leader Xi Jinping…
Continue ReadingYour dog can earn $10,000 a year as a pup influencer
By Yenny Sanchez, CNN If you’re one of those people who created a social media page for your dog, then keep reading … Yappy.com, an…
Continue Reading‘Black Adam’ wins a star-powered box office weekend
By Frank Pallotta, CNN Business Who says movie stars no longer matter in Hollywood? Theaters and box offices got a much-needed boost this weekend…
Continue Reading‘Black Adam’ wins a star-powered box office weekend
CNN By Frank Pallotta, CNN Business Who says movie stars no longer matter in Hollywood? Theaters and box offices got a much-needed boost this weekend…
Continue ReadingBiden can’t do much to bring down gas prices. But a recession can
By Chris Isidore, CNN Business There is one surefire cure for high gas prices. Unfortunately, it’s far worse than the problem itself: A…
Continue ReadingThere is a rosy projection for the US economy. Americans may not have felt it
CNN By Paul R. La Monica, CNN Business The housing market is rapidly losing steam. Interest rates continue to rise. The stock market remains…
Continue ReadingThere is a rosy projection for the US economy. Americans may not have felt it
By Paul R. La Monica, CNN Business The housing market is rapidly losing steam. Interest rates continue to rise. The stock market remains volatile.…
Continue ReadingDiwali is having a mainstream moment in the US
By Harmeet Kaur, CNN Diwali seems to be everywhere this year. More and more major brands are recognizing the festival of lights, running ad campaigns…
Continue ReadingFood waste is a huge climate problem. A new candy has a sweet solution in time for Halloween
By Rachel Ramirez, CNN The end of October is a sugar avalanche as kids don their Halloween costumes and snag as many sticky sweets as they can. But…
Continue ReadingRed Bull owner Dietrich Mateschitz dies, company says
By Andy Rose, CNN The owner and co-founder of the sports drink company Red Bull has died, the company announced Saturday. Dietrich Mateschitz began…
Continue ReadingThis is Gen Z’s favorite restaurant, survey says
By Ramishah Maruf, CNN It’s been a good year for Chick-fil-A — a recent survey ranked it as Gen Z’s top restaurant, with 15% of…
Continue ReadingHome prices are finally falling. But how low will they go?
By Anna Bahney The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked…
Continue ReadingPassengers in fatal Boeing 737 MAX crashes are ‘crime victims,’ US judge says
Reuters A US judge in Texas ruled on Friday that people killed in two Boeing 737 MAX crashes are legally considered “crime victims,” a…
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