The era of free money is ending
CNN, CNNBUSINESS By Julia Horowitz, CNN Business For about 20 months, central banks have funneled an unprecedented amount of cash into the financial…
Continue ReadingMoney
Janet Yellen: Inflation is high, but this isn’t like the ’70s
By Anneken Tappe and Ken Olshansky, CNN High inflation is a thorn in America’s side. Prices of groceries and gas are rising and Americans are…
Continue ReadingAmerican journalist Danny Fenster denied bail and hit with new charge in Myanmar
By Helen Regan, CNN Business American journalist Danny Fenster, who has been detained in Myanmar for five months, was denied bail and hit with a new…
Continue ReadingAmerican journalist Danny Fenster denied bail and hit with new charge in Myanmar
CNN By Helen Regan, CNN Business American journalist Danny Fenster, who has been detained in Myanmar for five months, was denied bail and hit with a…
Continue ReadingWest Hollywood is about to vote on the highest minimum wage in the United States
By Jordan Valinsky, CNN Business West Hollywood’s city council is set to vote on hiking the local minimum wage to $17.64 an hour, which would…
Continue ReadingNetflix games are here. Android users get to play first
By Walé Azeez, CNN Business Netflix has launched five mobile games for Android phones and tablets, as it seeks to gain a bigger share of…
Continue ReadingHe predicted Dow 36,000 in 1999. Now, it’s finally here
CNN By Julia Horowitz, CNN Business Journalist James Glassman and economist Kevin Hassett wrote in late 1999 that the Dow Jones Industrial Average…
Continue ReadingHe predicted Dow 36,000 in 1999. Now, it’s finally here
By Julia Horowitz, CNN Business Journalist James Glassman and economist Kevin Hassett wrote in late 1999 that the Dow Jones Industrial Average could…
Continue ReadingGlobal finance pledge could mean $100 trillion for the climate. Now for the hard part
CNN, POOL, HOST TV By Charles Riley, CNN Business Banks, insurers, pension funds, money managers and other finance firms with $130 trillion in assets…
Continue ReadingGlobal finance pledge could mean $100 trillion for the climate. Now for the hard part
By Charles Riley, CNN Business Banks, insurers, pension funds, money managers and other finance firms with $130 trillion in assets have signed up to…
Continue ReadingBillionaire Charlie Munger praises China for being smarter than America at handling economic booms
By Matt Egan, CNN Business Billionaire Charlie Munger is a big fan of how communist China manages its economy. The Berkshire Hathaway vice chairman…
Continue ReadingWhy the Fed may be able to wind down emergency stimulus without making investors panic
By Paul R. La Monica, CNN Business Stocks continue to hit new all-time highs even as the Federal Reserve prepares to pull back on some of the…
Continue ReadingHere’s what this year’s Starbucks holiday cups look like
By Jordan Valinsky, CNN Business It wouldn’t officially be the holiday season without Starbucks’ festive cups. And this year,…
Continue ReadingNigeria is oil rich and energy poor. It can’t wait around for cheaper batteries
By Hanna Ziady, CNN Business Should Nigeria’s natural riches remain in the ground? Africa’s biggest economy has 206 million people,…
Continue ReadingAutoworkers at John Deere will remain on strike after voting down another tentative deal
By Chris Isidore, CNN Business More than 10,000 members of the United Auto Workers union will stay on strike against farm and construction equipment…
Continue ReadingPrices are skyrocketing. Goldman Sachs says prices will go even higher
CNN By Matt Egan, CNN Business Sticker shock is causing anxiety for millions of Americans right now, with prices soaring for gasoline, groceries and…
Continue ReadingBillionaire investor: Democrats’ plan to tax stock buybacks is ‘literally insane’
By Matt Egan, CNN Business Democrats want to tax stock buybacks to help pay for President Joe Biden’s $1.75 trillion spending plan. Billionaire…
Continue ReadingBed Bath & Beyond will sell its home and baby stuff at…Kroger
By Nathaniel Meyersohn, CNN Business Attempting to adapt in retail can create some strange bedfellows. Like homegoods’ chains and supermarkets.…
Continue ReadingZillow to exit its home buying business, cut 25% of staff
By Anna Bahney, CNN Business Zillow is getting out of the iBuying business and will shut down its Zillow Offers division, resulting in a 25%…
Continue ReadingDow closes above 36,000 for the first time
By Paul R. La Monica, CNN Business The Dow Jones Industrial Average closed above the 36,000 mark for the first time Tuesday following a gain of about…
Continue Reading