Palm oil is in half your groceries. Here’s why prices might shoot up
By Michelle Toh, CNN Business Indonesia will start restricting exports of palm oil this week, a move that could make the global food crisis worse and…
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US home prices rose by nearly 20% year-over-year in February
By Anna Bahney, CNN Business US home prices continued to surge higher in February. Prices rose 19.8% year-over-year in February, an even higher rate…
Continue ReadingOpinion: Millions more Americans will go hungry if Congress doesn’t act soon
Opinion by Levar Stoney and John Giles for CNN Business Perspectives Families across America are precariously perched on the edge of a hunger cliff.…
Continue ReadingMuch of Elon Musk’s Twitter deal is still a mystery
CNN, CNNBUSINESS By Julia Horowitz, CNN Business The world’s richest man wasn’t convinced he’d be successful in his bid to buy…
Continue ReadingMuch of Elon Musk’s Twitter deal is still a mystery
By Julia Horowitz, CNN Business The world’s richest man wasn’t convinced he’d be successful in his bid to buy Twitter, one of the…
Continue ReadingChina’s Xi calls for ‘all-out’ infrastructure splurge to rescue economy
CNN By Laura He, CNN Business China is about to embark on a new infrastructure spending spree in a bid to fix an economy nearing breaking point…
Continue ReadingCovid lockdowns batter Chinese stock markets and the yuan
By Laura He, CNN Business Chinese stocks slumped deeper into a bear market Tuesday and the yuan traded near a 17-month low as investors grow…
Continue ReadingHere’s how the Senate could change your 401(k) plan
By Nicole Goodkind, CNN Business The US Senate has retirement on the brain, and it’s not because the average age of the legislative body is 64.…
Continue ReadingUS labor board sues Starbucks to rehire unionizing employees
By Ramishah Maruf, CNN Business The National Labor Relations Board petitioned in federal court to force Starbucks to rehire three workers who claimed…
Continue ReadingMorgan Stanley warns of potential bear market in US stocks
By Matt Egan, CNN Business Stock markets are turbulent and Morgan Stanley is warning clients the ride is about to get even bumpier. Investors have…
Continue ReadingTrump SPAC is down 44% since Elon Musk disclosed Twitter stake
By Matt Egan, CNN Business Elon Musk’s quest to become a social media mogul is dealing a blow to Donald Trump’s social venture. Shares of…
Continue ReadingGreenpeace activists tried to block a Russian oil tanker heading to Norway
By Amy Cassidy and Anna Cooban, CNN Business Norwegian police arrested seven Greenpeace activists on Monday after they chained themselves to a…
Continue ReadingGreenpeace activists tried to block a Russian oil tanker heading to Norway
CNN, CNNBUSINESS By Amy Cassidy and Anna Cooban, CNN Business Norwegian police arrested seven Greenpeace activists on Monday after they chained…
Continue ReadingThe Chevrolet Corvette is officially going electric
By Peter Valdes-Dapena, CNN Business General Motors will produce a fully electric Chevrolet Corvette, GM President Mark Reuss announced in a LinkedIn…
Continue ReadingCoca-Cola is a stable safe haven in a rough market
By Paul R. La Monica, CNN Business With lots of worries out there — inflation, Covid, interest rates, Ukraine, stock volatility — consumers are…
Continue ReadingShould you rent or buy? Ask yourself these four questions
CNN, KCAL, KCBS, POOL, SENATE TV By Anna Bahney, CNN Business Anyone looking for a place to live right now is navigating one of the toughest and most…
Continue ReadingShould you rent or buy? Ask yourself these four questions
By Anna Bahney, CNN Business Anyone looking for a place to live right now is navigating one of the toughest and most expensive housing markets in…
Continue ReadingUS oil sinks below $100 on China Covid concerns
By Matt Egan, CNN Business Oil prices fell sharply Monday as lockdowns in China stoked concerns that the country’s zero-Covid strategy will sap…
Continue ReadingOpinion: Spending on consumer goods will likely plummet in the second half of the year
Opinion by Gad Levanon for CNN Business Perspectives With the fear of Covid-19 on the wane, consumers are spending much more on in-person services,…
Continue ReadingElon Musk isn’t alone. Investors everywhere are agitating for change
By Julia Horowitz, CNN Business Tesla CEO Elon Musk’s noisy campaign for changes to how Twitter runs its business has grabbed headlines for its…
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