Bed Bath & Beyond is making a last-ditch effort to save itself
By Jordan Valinsky and Nathaniel Meyersohn, CNN Bed Bath & Beyond is in deep turmoil. The company is trying to rescue itself and stay out of…
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Don’t expect home prices to come crashing down anytime soon
By Nicole Goodkind, CNN Business Rising mortgage rates are taking a toll on the US housing market. But those hoping for prices to drop probably…
Continue ReadingRussia cuts more gas supplies to Europe as inflation hits another record
By Anna Cooban, CNN Business Russia has temporarily halted natural gas deliveries to Europe through a vital pipeline and cut off all supplies to a…
Continue ReadingChina stocks hit four-week low as Covid cases spread and factory output shrinks
By Laura He, CNN Business Chinese markets fell on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome…
Continue Reading‘Starve or freeze to death’: Millions of elderly Brits fear a grim choice this winter as costs spiral
By Kara Fox, CNN When she first started to shed some weight, Yvonne DeBurgo quipped that she could afford to lose it. But over the past three months,…
Continue ReadingGoldman Sachs lifts Covid vaccine and testing mandate for many employees
By Matt Egan, CNN Goldman Sachs will no longer require its non-New York City based employees to get vaccinated for Covid-19, according to a memo…
Continue ReadingRussia’s Gazprom to completely halt gas supplies to France’s Engie
By Josh Pennington, CNN Russian energy giant Gazprom said on Tuesday that it will completely suspend gas supplies to French industrial energy group…
Continue ReadingSo much for turnaround Tuesday? Stocks tumble again
By Paul R. La Monica, CNN Business Tuesday’s market rally was brief. Stocks opened higher but quickly gave up their gains. A more than 5% drop…
Continue ReadingLower gas prices push consumer confidence to highest level since May
By Martha C. White for CNN Business Lower gas prices helped consumer confidence bounce back in August, breaking a three-month stretch of worsening…
Continue ReadingStocks start off September with a late day rally
CNN By Paul R. La Monica, CNN Business New month. Same old market volatility. Stocks rallied at the end of first day of September, which is…
Continue ReadingThe US economy had more job openings than expected in July
By Alicia Wallace, CNN Business US employers aren’t ditching their “help wanted” signs just yet, according to new data released…
Continue ReadingTesla must allow workers to wear clothing supporting union
by Chris Isidore, CNN Business The National Labor Relations Board said on Monday it was unlawful for Tesla to prohibit employees from wearing shirts…
Continue ReadingPandemic-era splurging on pets could be over
By Paul R. La Monica, CNN Business Worries about the economy have suddenly put shares of pet supply retailers in Wall Street’s doghouse. Shares…
Continue ReadingOpinion: We have finally gotten some relief at the pump. But it may not last long
Opinion by Patrick De Haan for CNN Business Perspectives Americans have never seen a wilder year when it comes to gas prices, thanks to the…
Continue ReadingKohl’s and Gap have a surprising plan for this season’s unsold clothing
By Nathaniel Meyersohn, CNN Business Retailers are overstocked on clothing, and some are packing it away in hopes of selling it in future seasons.…
Continue ReadingConsumers are still buying lots of furniture, electronics, home decor and clothing — from each other
By Parija Kavilanz, CNN Business Savvy consumers have found a way around sky-high inflation to keep buying more than just necessities. They’re…
Continue ReadingThe pandemic was bad for Britain’s iconic pubs. This could be worse
By Julia Horowitz, CNN Business First it was the coronavirus pandemic that forced pubs to shut their doors and rely on government support to survive…
Continue ReadingRich people are worried about spending. That’s bad news for everyone else
By Nicole Goodkind, CNN Business After a period of angst, Americans appear to be feeling a bit better about the economy. What’s happening: The…
Continue ReadingFed Chair Jerome Powell says ‘some pain’ is on the horizon. Here’s what that means
By Alicia Wallace, CNN Business In a blunt speech last Friday, Federal Reserve Chairman Jerome Powell warned that the central bank’s battle…
Continue ReadingMukesh Ambani prepares to hand a $220 billion empire to his children
By Diksha Madhok, CNN Business Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while…
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