How much is Vladimir Putin worth? Almost no one knows for sure
By Allison Morrow, CNN Business The US and its European allies on Friday announced new sanctions on Russian President Vladimir Putin, in a rare move…
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GM stops exporting cars to Russia
By Peter Valdes-Dapena, CNN Business General Motors is joining a host of other companies in cutting off its business with Russia. The Detroit-based…
Continue ReadingDiesel just hit $4 a gallon. Here’s why that will cost you
By Chris Isidore, CNN Business The price of diesel hit $4 a gallon over the weekend for the first time in nearly eight years. And that means US…
Continue ReadingSwitzerland ditches neutrality to sanction Russia and Putin
CNN, CNNBUSINESS By Laura He, CNN Business Switzerland, a major hub for storing wealth that is popular with Russian oligarchs, is breaking with its…
Continue ReadingWhat if Moscow turns off the gas as the Ukraine conflict deepens?
By Julia Horowitz, CNN Business If Russia halts its supply of gas to Europe to retaliate against the punishing sanctions for its invasion of Ukraine,…
Continue ReadingShell follows BP out of Russia as oil companies abandon Putin
By Mark Thompson, CNN Business Shell is getting out of Russia and ditching its joint ventures with Gazprom, including its involvement with the…
Continue ReadingWelcome to Diversifying, a new money podcast for a changing world
CNN, CNN BUSINESS By Delyanne Barros for CNN Business The Great Resignation and the pandemic have left an indelible mark on America’s…
Continue ReadingWelcome to Diversifying, a new money podcast for a changing world
By Delyanne Barros for CNN Business The Great Resignation and the pandemic have left an indelible mark on America’s workforce. While many have…
Continue ReadingChris Licht introduces himself to CNN as its next CEO
By Brian Stelter, CNN Business Discovery on Monday confirmed that Chris Licht will become the new head of CNN when Discovery and WarnerMedia merge…
Continue ReadingChris Licht introduces himself to CNN as its next CEO
CNN By Brian Stelter, CNN Business Discovery on Monday confirmed that Chris Licht will become the new head of CNN when Discovery and WarnerMedia…
Continue ReadingTarget boosts its starting pay for some jobs to $24 an hour
By Parija Kavilanz, CNN Business Target announced Monday that it is raising its starting wage for workers in some positions to up to $24. The…
Continue ReadingEstée Lauder fires a senior executive for offensive Instagram post
By Jordan Valinsky, CNN Business Estée Lauder has fired John Demsey, a senior executive at the makeup company, for an offensive Instagram post on…
Continue ReadingRussia tries to stop Western companies fleeing the country
CNN, CNNBUSINESS By Mark Thompson and Vasco Cotovio, CNN Business Russian President Vladimir Putin is trying to stem the flow of Western businesses…
Continue ReadingInflation will be worse than feared this year, Goldman Sachs predicts
By Matt Egan, CNN Business Red-hot inflation in the United States may not cool off this year as much as many hoped, Goldman Sachs cautioned in a new…
Continue ReadingThe war in Ukraine has made Russian assets toxic
By Julia Horowitz, CNN Business In less than a week, Russian assets have become practically untouchable for Western investors, who see no reason to…
Continue ReadingTwo Russian oligarchs call for an end to Putin’s war
By Charles Riley, CNN Business Russian billionaires Mikhail Fridman and Oleg Deripaska have broken ranks with the Kremlin and called for an end to…
Continue ReadingWhat is SWIFT and how is it being used against Russia?
By Charles Riley, CNN Business The West has pledged to remove some Russian banks from SWIFT, a messaging service that connects financial institutions…
Continue ReadingWhat is SWIFT and how is it being used against Russia?
CNN By Charles Riley, CNN Business The West has pledged to remove some Russian banks from SWIFT, a messaging service that connects financial…
Continue ReadingRussia faces financial meltdown as sanctions slam its economy
By Mark Thompson, Anna Chernova and Vasco Cotovio, CNN Business Russia was scrambling to prevent financial meltdown Monday as its economy was slammed…
Continue ReadingStates want to boycott Russian vodka. Here’s why that won’t work
By Jordan Valinsky, CNN Business Russian-made alcohol is the latest target in the growing backlash against the country’s invasion of Ukraine.…
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