Betting on a market bounce? You may be waiting a while
By Nicole Goodkind, CNN ‘Tis the season for Wall Street strategists to pack their clients’ inboxes with market predictions for 2023. A…
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Rivian halts plans to build electric vans with Mercedes
By Julia Horowitz, CNN Rivian said Monday it would no longer pursue a deal with Mercedes to build electric vans for businesses in Europe. In a…
Continue ReadingDorothy Pitman Hughes, co-founder of Ms. Magazine, dies at 84
By Michelle Watson, CNN Dorothy Pitman Hughes, the co-founder of one of the most prominent feminist magazines, has died, according to a funeral home…
Continue ReadingStellantis to idle Illinois plant, lay off more than 1,000 workers, citing rising costs for EVs
By Ramishah Maruf, CNN Stellantis is shuttering its Illinois plant in February resulting in indefinite layoffs for 1,350 employees, the company said…
Continue ReadingFreight railroad service is terrible, even without the threat of a strike
By Chris Isidore, CNN The fact that a freight railroad strike didn’t start on Friday is a huge win for the US economy and its still struggling…
Continue ReadingThe Fed will raise rates again. But it’s playing with fire
By Paul R. La Monica, CNN The Federal Reserve is all but guaranteed to announce Wednesday that it will once again raise interest rates. But investors…
Continue ReadingDo you really need a new phone every 2 years? How to get more out of your devices
By Rachel Ramirez, CNN If you’re looking to replace or upgrade your smartphone in the coming year, take a beat and think it over. Do you really…
Continue ReadingA trash heap 62 meters high shows the scale of India’s climate challenge
CNN By Vedika Sud, Rhea Mogul, Rishabh Pratap and Arpit Goel, CNN At the Bhalswa landfill in northwest Delhi, a steady flow of jeeps zigzag up the…
Continue ReadingA trash heap 62 meters high shows the scale of India’s climate challenge
By Vedika Sud, Rhea Mogul, Rishabh Pratap and Arpit Goel, CNN At the Bhalswa landfill in northwest Delhi, a steady flow of jeeps zigzag up the trash…
Continue ReadingWhat goes up… is starting to come down
By Christine Romans It’s too soon to declare victory over inflation, but from gas to chicken to big-screen TVs, there are, increasingly, signs…
Continue ReadingCNN Pentagon correspondent Barbara Starr is leaving the network after more than two decades
By Oliver Darcy, CNN Barbara Starr, the Pentagon correspondent who has covered some of the most consequential stories with a signature style and…
Continue ReadingAmericans’ wealth slips further after massive loss in the spring
By Tami Luhby, CNN Americans’ wealth continued to slide in the third quarter as stock prices plunged over the summer — but many Americans…
Continue ReadingUAW wins key vote to represent Ohio electric car battery factory
By Chris Isidore, CNN Workers at the Ultium Cells plant, co-owned by General Motors and Korean giant LG, voted overwhelmingly this week to join the…
Continue ReadingWhat goes up… is starting to come down
CNN, CNN BUSINESS By Christine Romans It’s too soon to declare victory over inflation, but from gas to chicken to big-screen TVs, there are,…
Continue ReadingConsumers are feeling slightly better about the direction of the economy
By Chris Isidore Consumers are becoming more confident about the state of the economy, despite recession fears, soaring interest rates and continued…
Continue ReadingKey inflation measure shows price pressures cooled off in November, but remain high
By Chris Isidore, CNN Another key inflation measure shows price pressures cooled off but remained stubbornly high in November, despite the Federal…
Continue ReadingBig Oil stocks are pointing to higher gas prices to come
By Nicole Goodkind, CNN Brutally high oil and gas prices were the talk of the town in 2022 and one of the largest contributing factors to sky-high…
Continue ReadingFTX founder Sam Bankman-Fried says he’ll testify before Congress
By Jordan Valinsky and Allison Morrow, CNN Sam Bankman-Fried, the founder of the failed crypto exchange FTX, has agreed to testify before the House…
Continue ReadingThe UK just had a major market scare. Now it wants to relax financial rules
By Julia Horowitz, CNN Just two months after UK markets suffered their worst meltdown since the global financial crisis, the British government is…
Continue ReadingThe busiest port in America is no longer on the West Coast
By Vanessa Yurkevich, CNN For the past 22 years, the Port of Los Angeles has been the busiest container port in North America, moving around 10…
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