Why gas prices are near $5 a gallon and how high they’ll go
By Chris Isidore, CNN Business Another day, another record for US gas prices. The US average for the price of a gallon of regular gas hit $4.96…
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Exxon’s stock is back from the dead
By Julia Horowitz, CNN Business For years, ExxonMobil struggled to court investors as fears about the climate crisis and criticism of its business…
Continue ReadingJob scams are on the rise. Watch out for these red flags
By Kathryn Vasel, CNN Business The strong labor market has given us near record low unemployment, higher wages — and an unfortunate uptick in…
Continue ReadingNike is shutting down its Run Club app in China
By Michelle Toh, CNN Business Nike is deactivating its Run Club app in China, becoming the latest Western company to reconfigure its business in the…
Continue ReadingWhich Jurassic Park film has roared loudest at the ticket booth?
By Frank Pallotta, CNN Business “Jurassic World: Dominion,” the latest film in the Jurassic Park franchise, stomps into theaters this…
Continue ReadingWhich Jurassic Park film has roared loudest at the ticket booth?
CNN By Frank Pallotta, CNN Business “Jurassic World: Dominion,” the latest film in the Jurassic Park franchise, stomps into theaters this…
Continue ReadingWashington Post executive editor attempts to rein in newsroom amid infighting: ‘We will enforce our policies’
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingWorld Bank says recession will be ‘hard to avoid’ for many countries
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business You can add the World Bank to the growing chorus sounding recession alarm bells. In its latest…
Continue ReadingAmericans ramp up credit card usage as high prices continue to bite
By Alicia Wallace, CNN Business Americans are continuing to lean on credit cards and loans, as consumer credit surged by $38 billion in April amid…
Continue ReadingWhy $4.47 gas in Mississippi hurts more than $6.37 gas in California
By Chris Isidore, CNN Business No matter where you live in the United States, gas prices are uncomfortably high. Filling up a car for $60, $70 or $80…
Continue ReadingThe stock market could soon see a massive change to how it functions
By Allison Morrow, CNN Business The agency that oversees Wall Street is weighing major changes to the way millions of everyday investors buy and sell…
Continue ReadingEuropean Central Bank confirms plans for first rate hike in 11 years
CNN By Anna Cooban and Julia Horowitz, CNN Business The European Central Bank held off on raising interest rates on Thursday, but confirmed plans for…
Continue ReadingWorld Bank says recession will be ‘hard to avoid’ for many countries
By Paul R. La Monica, CNN Business You can add the World Bank to the growing chorus sounding recession alarm bells. In its latest outlook, World Bank…
Continue ReadingKohl’s puts up a for-sale sign
By Nathaniel Meyersohn, CNN Business Kohl’s may soon have a new owner. Kohl’s said late Monday that it had entered into a three-week…
Continue ReadingJanet Yellen: ‘Unacceptable’ inflation is a global problem
By Matt Egan, CNN Business US Treasury Secretary Janet Yellen conceded on Tuesday that inflation is at “unacceptable levels,” but she…
Continue ReadingWages are rising at their fastest pace in decades. Here’s how that stacks up with inflation
By Tami Luhby and Tal Yellin, CNN The white-hot labor market has driven up wages faster than at any time since the mid-1980s, as employers struggle…
Continue ReadingGoldman Sachs predicts $140 oil as gas prices spike near $5 a gallon
By Matt Egan, CNN Business High oil and gasoline prices will need to rise even higher this summer to incentivize new production and discourage…
Continue ReadingTarget is ramping up discounts. Here’s why
By Nathaniel Meyersohn, CNN Business Target is stuck with too much home decor and too many TVs. To clear out the glut, it will ramp up discounts. The…
Continue ReadingOpinion: How the US can stop relying on other countries for energy and fight climate change
Opinion by Ralph Izzo for CNN Business Perspectives Russia’s move to cut off natural gas supplies to Poland and Bulgaria, and more recently…
Continue ReadingCEOs are enjoying huge paydays while their workers struggle to pay bills
By Allison Morrow, CNN Business Despite all the buzz about the “Great Resignation” and a renaissance for the working classes in America,…
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