Forget the FAANGs. It’s a stock picker’s market now
By Paul R. La Monica, CNN Business investors who have been blindly buying all big techs got a rude awakening this week after Netflix imploded. But…
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Struggling factories and booming airlines put Fed in a bind
By Julia Horowitz, CNN Business How should policymakers react when two core parts of the economy are headed in different directions? That’s the…
Continue ReadingNetflix may clamp down on password sharing. Here’s what that means
By Frank Pallotta, CNN Business Netflix shares plunged this week after the platform reported its first subscriber loss in more than a decade. One…
Continue Reading4 ways Russia is trying to prove it can live with sanctions
By Clare Sebastian, CNN Russian President Vladimir Putin has devoted considerable airtime over the past few weeks to reassuring the Russian public…
Continue ReadingClashing strategies doomed CNN+ amid corporate merger
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingAre you a single parent navigating higher costs? Share your story.
By Alicia Wallace, CNN Business Daily life continues to get more expensive as American households battle the worst inflation in 40 years. From meat…
Continue ReadingMortgage rates just hit a 12-year high
CNN, CNNBUSINESS By Anna Bahney, CNN Business Mortgage rates continued to rise this week, reaching their highest level in more than a decade. The…
Continue ReadingFed Chairman Powell: A half-percentage point interest rate hike is ‘on the table’ for May
By Anneken Tappe, CNN Business A half-percentage point interest rate hike is officially on the table, Federal Reserve Chairman Jerome Powell said…
Continue ReadingCarl Icahn slams McDonald’s over animal welfare practices in fiery letter to investors
By Danielle Wiener-Bronner, CNN Business In a scathing open letter to McDonald’s shareholders, legendary investor Carl Icahn said the…
Continue ReadingCNN+ will shut down at the end of April
By Oliver Darcy and Brian Stelter, CNN Business CNN+, the streaming service that was hyped as one of the most significant developments in the history…
Continue ReadingMortgage rates just hit a 12-year high
By Anna Bahney, CNN Business Mortgage rates continued to rise this week, reaching their highest level in more than a decade. The 30-year fixed-rate…
Continue ReadingOpinion: We shouldn’t trust Musk’s plans to transform Twitter
Opinion by Jessica J. González for CNN Business Perspectives When Elon Musk offered to buy Twitter and take it private last week, he wrote that he…
Continue ReadingThe head of Russia’s second biggest oil company has quit
By Mark Thompson and Chris Liakos, CNN Business One of Russia’s richest men has quit as CEO of Lukoil, the country’s second-largest oil…
Continue ReadingAfter two years of losses, airlines expect record revenue
By Chris Isidore, CNN Business After two years of massive losses, US airlines are about to start reporting profits once again. Both American and…
Continue ReadingAfter two years of losses, airlines expect record revenue
CNN, CNNBUSINESS By Chris Isidore, CNN Business After two years of massive losses, US airlines are about to start reporting profits once again. Both…
Continue ReadingWhy Tesla’s stock is still defying gravity
By Julia Horowitz, CNN Business Investors have quickly turned on companies like Netflix that were growing fast during the recovery from the pandemic…
Continue ReadingWhy Tesla’s stock is still defying gravity
CNN By Julia Horowitz, CNN Business Investors have quickly turned on companies like Netflix that were growing fast during the recovery from the…
Continue ReadingWorld’s biggest food company has hiked prices by 5%
By Anna Cooban, CNN Business Nestlé, the world’s biggest food and drinks company, raised prices by more than 5% in the first three months of…
Continue ReadingThis social app prohibits edited photos to encourage users to be more authentic. It’s growing fast
By Faith Karimi, CNN Scoot over, Facebook and Instagram. There’s a newer photo-sharing app — and it’s not like other social media…
Continue ReadingBuckle up: The Fed is about to get tough on inflation
By Paul R. La Monica, CNN Business Last month, the Federal Reserve raised interest rates for the first time since December 2018. Now there are…
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