Biden averts freight railroad strike – for now
By Chris Isidore and Betsy Klein, CNN Business Worried about supply chain problems that are already causing problems for the nation’s economy,…
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Hertz faces lawsuit from 47 customers claiming false arrests
By Matt McFarland, CNN Business 47 Hertz customers have filed a lawsuit against the rental company that describes horror stories after they were…
Continue ReadingStocks end tumultuous week with a rally
By Nicole Goodkind, CNN Business US stocks surged Friday as an end-of-week rally gained momentum and sent the Dow up over 600 points. A new batch of…
Continue ReadingThis supercharged tree might help fight climate change
By Matt McFarland, CNN Business The problem with trees is that they are too slow. Part of the issue with catastrophic climate change is that, by some…
Continue ReadingThis supercharged tree might help fight climate change
CNN, CNN BUSINESS By Matt McFarland, CNN Business The problem with trees is that they are too slow. Part of the issue with catastrophic climate…
Continue ReadingAmericans are feeling slightly better about the economy, but inflation still bites
By Alicia Wallace, CNN Business Americans are feeling slightly better about the economy, but painfully high inflation is still keeping consumer…
Continue ReadingEmployers who want workers in the office more often may be in for a fight
By Kathryn Vasel, CNN Business Many employers have made it clear that they want their workers to return to the office — at least part of the…
Continue ReadingThis one thing is pushing up the price of almost everything you buy
CNN, CNN BUSINESS Martha C. White Although prices at the pump serve as one of the most prominent symbols of rampant inflation, economists are more…
Continue ReadingThis one thing is pushing up the price of almost everything you buy
Martha C. White Although prices at the pump serve as one of the most prominent symbols of rampant inflation, economists are more worried about the…
Continue ReadingChina extends property loans at the fastest pace in three years as mortgage crisis spreads
CNN By Laura He, CNN Business China’s banking regulator has pledged to boost lending to help developers finish stalled property projects and…
Continue ReadingEnergy saved US markets last quarter. Now the sector is losing power
By Nicole Goodkind, CNN Business US markets took a beating on Thursday as big bank earnings delivered disappointing results. Markets and the economy…
Continue ReadingChina’s economy records slowest growth since the start of 2020
By Laura He, CNN Business China’s economy has recorded its worst quarterly performance in over two years, after months of harsh Covid lockdowns…
Continue ReadingUber’s safety issues still loom large: Another five passengers sue company over alleged sexual assault incidents
By Sara Ashley O’Brien, CNN Business Five more passengers are suing Uber over alleged sexual assault incidents that occurred in recent months…
Continue ReadingBig pay raises expected for 2023. But here’s why that extra income may not make a difference
By Jeanne Sahadi, CNN Business US employers say they expect the average raise to be 4.1% in 2023, which would be the largest hike in 15 years,…
Continue ReadingExclusive: Wordle is being turned into a board game
CNN By Jordan Valinsky, CNN Business Wordle is jumping from the P-H-O-N-E to the B-O-A-R-D. Hasbro is partnering with the New York Times, which owns…
Continue ReadingExclusive: Wordle is being turned into a board game
By Jordan Valinsky, CNN Business Wordle is jumping from the P-H-O-N-E to the B-O-A-R-D. Hasbro is partnering with the New York Times, which owns the…
Continue ReadingWhy BMW is offering heated seats on a monthly subscription
By Peter Valdes-Dapena, CNN Business BMW is now offering British drivers the option of enjoying a heated seat on a monthly subscription basis. Of…
Continue ReadingWhat recession? America’s banks reveal few signs of trouble
CNN, CNN BUSINESS By Julia Horowitz, CNN Business If a recession were to arrive in the United States, there would normally be evidence of pain at…
Continue ReadingTesla’s head of AI, an ardent supporter of ‘full self driving,’ has exited the company
By Matt McFarland, CNN Business Andrej Karpathy, Tesla’s director of artificial intelligence, announced Wednesday he’s leaving the…
Continue ReadingMortgage rates rise to 5.5% as volatility continues
By Anna Bahney, CNN Business Mortgage rates are on the rise again after a dramatic drop last week. The 30-year fixed-rate mortgage averaged 5.51% in…
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