There’s only one left of this popular toy. It’s going for $28,000
By Parija Kavilanz, CNN Business Here’s one example of how pretty much everything is getting more expensive: A toy that used to cost $25 is now…
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There could be a digital euro by the middle of the decade
By Julia Horowitz, CNN Business The European Central Bank is moving ahead with efforts to create a digital version of the euro as the use of cash…
Continue ReadingEurope aims to kill gasoline and diesel cars by 2035
By Charles Riley, CNN Business The European Union has announced plans to end the sale of polluting vehicles by 2035, an ambitious goal that would put…
Continue ReadingCEOs made 299 times more than their average workers last year
By Moira Ritter, CNN Business The difference between CEO and median employee pay grew in 2020 despite the Covid pandemic and ongoing relief efforts.…
Continue ReadingRestaurants say inflation could force them out of business without federal help
By Chauncey Alcorn, CNN Business Restaurant owners can add the rising cost of food to their growing list of challenges. Inflation is on the rise…
Continue ReadingSurging prices: Key measure of inflation posts biggest 12-month jump on record
By Chris Isidore, CNN Business US wholesale prices posted the biggest 12-month increase on record. That’s the bad news. But the US economy…
Continue ReadingFitch warns US politics could hurt credit rating
Fitch Ratings said that governance is a “weakness” for the United States, specifically citing the January 6 insurrection and ongoing efforts to curb…
Continue ReadingWhy inflation may not go away anytime soon
By Matt Egan, CNN Business America’s finance chiefs don’t think inflation will go away overnight. Chief financial officers, on average,…
Continue ReadingInflation is running hot. What comes next matters most
By Julia Horowitz, CNN Business US prices continue to march higher, triggering concerns among economists, policymakers and business leaders about the…
Continue ReadingFox airs infotainment instead of Biden’s speech on voting rights
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingCNN analyst on Biden’s speech: Oratory was brilliant, but he didn’t mention this …
In Pennsylvania, President Joe Biden spoke about voting restrictions pushed by Republican lawmakers as Biden urges Congress to pass federal voting…
Continue ReadingEverything’s expensive. Don’t panic
By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…
Continue ReadingAmerica’s deep political fissures could cost the country its perfect credit rating
By Matt Egan, CNN Business Fitch Ratings warned on Tuesday that the United States could lose its perfect credit rating due in part to the ongoing…
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‘A Quiet Place, Part II’ and ‘Black Widow’ show that theaters and streaming can coexist
By Frank Pallotta, CNN Business Streaming vs. movie theaters: It’s a conflict that has dominated the Hollywood narrative over the last few…
Continue ReadingCar prices are through the roof. These are the other pricey parts of the new American life
By Moira Ritter, CNN Business There’s no escaping it: Prices are rising across the board, including all the essentials — food, clothing…
Continue ReadingGoldman Sachs posts $5.5 billion profit as the stock market booms
By Paul R. La Monica, CNN Business Goldman Sachs, once known as the Vampire Squid of Wall Street, may have gotten a friendlier makeover under CEO…
Continue ReadingCorporate America is used to making money. But not like this
By Julia Horowitz, CNN Business It’s been quite some time since Corporate America saw numbers this good. What’s happening: Earnings…
Continue ReadingBoeing discloses a new problem with the 787 Dreamliner
By Chris Isidore, CNN Business Even when Boeing has its best month in years, it has problems. Boeing on Tuesday disclosed a new issue with the 787…
Continue ReadingJPMorgan’s profit spikes 155% as US economy booms
By Matt Egan, CNN Business JPMorgan Chase is minting money as the US economy races back from the pandemic. America’s largest bank said Tuesday…
Continue ReadingOPEC+ stalemate threatens the pandemic recovery
By Hanna Ziady, CNN Business The failure by major oil producers to agree on supply increases could elevate fuel prices, stoking inflation and…
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