‘Doctor Strange’ conjures big box office opening for Marvel
CNN By Frank Pallotta, CNN Business “Doctor Strange in the Multiverse of Madness,” the latest film in the Marvel Cinematic Universe, made…
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‘Doctor Strange’ conjures a big opening day as theaters prep for a vital summer
By Frank Pallotta, CNN Business After the pandemic pummeled its business, the movie industry is counting on a comeback. The good news for theaters is…
Continue ReadingDow falls again as Wall Street rout continues
By Paul R. La Monica, CNN Business Stocks ended the day lower in a volatile session Friday. A solid jobs report was not enough to fully convince…
Continue ReadingAmerica added 428,000 jobs in April
CNN By Anneken Tappe, CNN Business After an electric economic recovery from the pandemic, the job market is showing signs of returning to normal.…
Continue ReadingThe Fed doubters are back
By Julia Horowitz, CNN Business This newsletter yesterday highlighted warnings that market enthusiasm after the Federal Reserve’s latest…
Continue ReadingAdidas reports nearly 40% drop in profits. Here’s why
By Anna Cooban, CNN Business Adidas on Friday blamed poor sales in China for a sharp drop in first quarter profit. The German sportswear giant…
Continue ReadingUkrainian startup is bringing school to displaced students
By Parija Kavilanz, CNN Business Russia’s continuing assault in Ukraine has devastated the country and the lives of millions of its citizens.…
Continue ReadingAmerica added 428,000 jobs in April
CNN By Anneken Tappe, CNN Business The days of millions of monthly job gains are behind us: America’s employers added 428,000 jobs in April,…
Continue ReadingShipping delays are back as China’s lockdowns ripple around the world
By Laura He, CNN Business Global shipping was just starting to recover from the chaos of the pandemic. Now port congestion and delays are back and…
Continue ReadingGlobal markets rattled by Wall Street and China’s zero-Covid pledge
By Laura He and Mark Thompson, CNN Business Global markets slid Friday after Wall Street suffered its worst day of the year. Major European indexes…
Continue ReadingElizabeth Warren is worried about Fidelity’s plan to offer bitcoin in 401(k)s
By Jeanne Sahadi, CNN Business Bitcoin is notoriously volatile. But it may also prove politically vexing for Fidelity, which is getting blowback from…
Continue ReadingThe Fed doubters are back
CNN, CNNBUSINESS By Julia Horowitz, CNN Business This newsletter yesterday highlighted warnings that market enthusiasm after the Federal…
Continue ReadingAirbnb CEO: Current office designs are outdated
By Kathryn Vasel, CNN Business Airbnb recently told employees they can work remote permanently, but when they do return to the office it’ll…
Continue ReadingOpinion: Europe should call Russia’s bluff on energy
Opinion by Paul Hockenos for CNN Business Perspectives Russia’s announcement last week that it was halting all gas deliveries to Poland and…
Continue ReadingEurope is planning to ditch Russia’s oil. Will it go after its gas?
By Anna Cooban, CNN Business Europe has finally proposed a ban on Russian oil, but has again stopped short of using its most potent weapon —…
Continue ReadingThe Fed could have trouble avoiding a double-dip recession
By Paul R. La Monica, CNN Business The Federal Reserve finally seems prepared to whip inflation. The last time the Fed faced surging prices like…
Continue ReadingDow plunges 1,000 points, wiping out Wednesday’s surge
CNN By Nicole Goodkind, CNN Business So much for the good feelings on Wall Street. US markets fell sharply Thursday, eviscerating all of the gains…
Continue ReadingWall Street is fed up with Under Armour, Nike and Adidas
CNN, CNN BUSINESS By Nathaniel Meyersohn, CNN Business Tripped-up supply chains and a coronavirus surge in China are causing headaches for top…
Continue ReadingUS worker productivity fell at the fastest rate in nearly 75 years
By Alicia Wallace, CNN Business US labor productivity tumbled by 7.5% in the first quarter of 2022 — the largest decline in worker output per…
Continue ReadingMortgage rates hit highest level since 2009
By Anna Bahney, CNN Business Mortgage rates rose this week, continuing an upward trend that has pushed rates more than two percentage points higher…
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