Brainard: US banking system is ‘sound’ and ‘stable’
By Alicia Wallace, CNN The broader US banking system remains sound and stable, but the two regional banks that failed were “poorly…
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Inflation hits the mailbox: Postage stamp prices are rising, again
By Nathaniel Meyersohn, CNN Stamp prices are set to tick up. The US Postal Service said Monday that it filed a notice with its regulators to increase…
Continue ReadingWarner Bros. Discovery unveils super-streamer ‘Max’
By Oliver Darcy, CNN Business Warner Bros. Discovery on Wednesday unveiled “Max,” its high-stakes super-streamer that unites some of the…
Continue ReadingThe banking crisis will tilt US into recession, say Fed economists
By Bryan Mena and Nicole Goodkind, CNN The fallout from the recent banking crisis is likely to push the US economy into a mild recession later this…
Continue ReadingUS government’s proposal to boost EV sales is challenging but not impossible
CNN By Peter Valdes-Dapena, CNN Business The US government is planning to change auto emissions standards in a way that means automakers would need…
Continue ReadingUS government’s proposal to boost EV sales is challenging but not impossible
By Peter Valdes-Dapena, CNN Business The US government is planning to change auto emissions standards in a way that means automakers would need to…
Continue ReadingFood prices ease for the first time since 2020. Here’s what’s getting cheaper
By Danielle Wiener-Bronner, CNN Grocery prices finally dipped in March, falling for the first time since September 2020, according to data released…
Continue ReadingBud Light’s inclusive ad campaigns are good for business, experts say
By Danielle Wiener-Bronner, CNN Company X introduces marketing campaign that touches on Y, a cultural issue some people oppose. Group Z lashes out on…
Continue ReadingAnheuser-Busch loses top LGBTQ+ rating over its Bud Light response
CNN By Danielle Wiener-Bronner, CNN New York (CNN) — Last year, the Human Rights Campaign Foundation gave Bud Light parent company…
Continue ReadingUS inflation falls to lowest level since May 2021
By Alicia Wallace, CNN Prices are moving in a more palatable direction for US consumers. Annual inflation, as measured by the Consumer Price Index,…
Continue ReadingJudge in Dominion case sanctions Fox for withholding evidence, plans to appoint special master to probe possible misconduct
By Marshall Cohen The judge overseeing Dominion Voting Systems‘ massive defamation case against Fox News said Wednesday that he plans to…
Continue ReadingWarren Buffett wants harsher penalties for top leaders of failed banks
By Chris Isidore, CNN Billionaire investor Warren Buffett isn’t worried about the state of the US banking industry — but he would like to see…
Continue ReadingJuul to pay $462 million to six states in its largest settlement ever
By Jordan Valinsky, CNN Business Juul Labs, the e-cigarette maker, is paying $462 million to six US states and DC in the largest multi-state…
Continue ReadingHow to avoid the next crisis? Banks may have to hold more cash
By Anna Cooban, CNN Regulators must learn “important lessons” from this year’s banking turmoil, the world’s top financial…
Continue ReadingWhy Walmart is closing half its stores in Chicago
CNN By Nathaniel Meyersohn, CNN Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in…
Continue ReadingWhy Walmart is closing half its stores in Chicago
By Nathaniel Meyersohn, CNN Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020…
Continue ReadingInvestors are watching guidance this earnings season, but might not like what they see
By Krystal Hur, CNN Corporate guidance statements will be front and center as earnings season kicks off, with investors trying to gauge the…
Continue ReadingMain Street investors bet on comeback for regional banks
By Nicole Goodkind, CNN Forget the banking crisis — Main Street’s retail investors have barreled into embattled bank stocks. It looks like…
Continue ReadingTucker Carlson raged against Trump in private. But in interview with the former president he took a very different tone
By Oliver Darcy, CNN Tucker Carlson plays a straight-shooter on television. From his prime time perch on Fox News, Carlson portrays himself to his…
Continue ReadingFed official: Central bank should be ‘cautious’ in wake of banking turmoil
CNN By Alicia Wallace, CNN The banking crisis could help the Federal Reserve’s fight to bring down inflation, but the central bank needs to be…
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