Has the bear market really gone into early hibernation?
By Nicole Goodkind, CNN Business The bears and bulls are at it again. Markets have seemingly recovered from a miserable downturn in mid-June that…
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Couples are swapping out natural diamonds in rings for larger, cheaper lab-made ones
By Parija Kavilanz, CNN Business Lab-grown diamonds have become so popular with consumers that some couples are asking jewelers to swap the natural…
Continue ReadingExpect interest rate hikes to continue into 2023, Fed official says
By Nicole Goodkind, CNN Business San Francisco Federal Reserve president Mary Daly said Thursday morning that raising interest rates by either half…
Continue ReadingComputer chips were in high demand. Then inflation kicked in
CNN, CNNBUSINESS By Julia Horowitz, CNN Business When consumers were stuck inside during the early stages of the Covid-19 pandemic, there…
Continue ReadingMost electric cars are quiet. But Dodge says its future electric muscle car will be super loud
CNN, CNN BUSINESS By Peter Valdes-Dapena, CNN Business Dodge, famous for offering cars with big and powerful V8 engines, is phasing out some of its…
Continue ReadingCNN is ending ‘Reliable Sources with Brian Stelter’
By Frank Pallotta, CNN Business CNN’s “Reliable Sources with Brian Stelter” is coming to an end. The company announced Thursday…
Continue ReadingThe Big Ten Conference signs media rights deal reportedly worth over $1 billion per year
By Homero De la Fuente, CNN The NCAA’s Big Ten Conference announced on Thursday it has reached a massive media rights agreement with CBS, FOX,…
Continue ReadingKohl’s has an inventory mess on its hands
By Parija Kavilanz, CNN Business Kohl’s can’t seem to catch a break, and it may have only itself to blame. The department store chain on…
Continue ReadingNetflix sues creators of unofficial Bridgerton musical
By Alexandra Peers, CNN Business On Christmas Day 2020, Netflix premiered “Bridgerton,” an old-fashioned lushly designed Regency Romance.…
Continue ReadingInvestigation into Vince McMahon’s hush money payments reportedly turns up Trump charity donations
By Frank Pallotta, CNN Business Even after Vince McMahon, the former WWE chief executive, retired from the company amid an investigation into his…
Continue ReadingDiesel slides below $5 a gallon for the first time since March
By Matt Egan The cost of diesel has tumbled from record highs, easing inflationary pressure on everything from trucking and farming to construction.…
Continue ReadingBed Bath & Bonkers: Retailer’s stock plunges following wild surge
By Paul R. La Monica, CNN Business The saga of struggling retailer Bed Bath & Beyond keeps getting curiouser and curiouser. Shares of the…
Continue ReadingMortgage rates drop amid signs that inflation may have finally peaked
By Anna Bahney, CNN Business Mortgage rates ticked lower last week, falling back toward the 5% mark following economic reports that indicated…
Continue ReadingHome sales fell for the sixth month in a row, but prices kept rising
By Anna Bahney, CNN Business Home sales declined for the sixth month in a row in July as higher mortgage rates and prices push prospective buyers out…
Continue ReadingHyundai Ioniq 5 named Car and Driver’s EV of the Year
By Peter Valdes-Dapena, CNN Business Hyundai’s Ioniq 5, an electric-only model with a sharp-edged design, was named Car and Driver’s…
Continue ReadingWhy junk food stocks are surging
By Nicole Goodkind, CNN Business People are stressed out and exhausted. The past two and a half years, full of public health crises, recession and…
Continue ReadingExtreme heat is slamming the world’s three biggest economies all at once
By Julia Horowitz, CNN Business Estimating just how catastrophic climate change will be for the global economy has historically proven challenging.…
Continue ReadingUS and Taiwan agree to start talks on a trade and investment pact
By Wayne Chang and Lauren Lau, CNN Business The United States and Taiwan have officially agreed to launch negotiations on a new trade and investment…
Continue ReadingChina’s growth forecasts slashed as heatwave hits industrial heartlands
By Laura He, CNN Business China’s economic growth forecasts have been downgraded further by major investment banks, as the country grapples…
Continue ReadingSexual assault accuser wore ‘provocative’ clothing, Indian judge rules
By Rhea Mogul and Manveena Suri, CNN A judge in southern India has ruled a woman wore “provocative” clothing, effectively dismissing her…
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