Welcome to the ‘rolling recession’ economy
By Nicole Goodkind, CNN Wall Street is baffled by this economy. The labor market is thriving. US unemployment is at its lowest level since 1969. GDP…
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Egg prices are still super high. This could be a big moment for plant-based options
By Danielle Wiener-Bronner, CNN Egg prices are still high at the grocery store — so plant-based egg alternatives are using this moment to make…
Continue ReadingCredit Suisse posts biggest annual loss since 2008
By Hanna Ziady, CNN Credit Suisse has reported its biggest annual loss since the financial crisis in 2008, highlighting the scale of the challenge…
Continue ReadingMore US firms in Taiwan say they’re seeing ‘significant disruption’ due to rising tension with China
By Eric Cheung, CNN The number of companies in Taiwan saying they’re experiencing business disruptions due to rising tensions between Taipei…
Continue ReadingNetflix clamps down on password sharing in four more countries
CNN By Anna Cooban, CNN Netflix has extended its crackdown on password sharing to Canada, New Zealand, Portugal and Spain. Users in these countries…
Continue Reading27 million watched Biden’s second SOTU address, in big viewership decline from last year
By Oliver Darcy, CNN Business An estimated 27.3 million people watched President Joe Biden’s 2023 State of the Union address on Tuesday night,…
Continue Reading27 million watched Biden’s second SOTU address, in big viewership decline from last year
CNN By Oliver Darcy, CNN Business An estimated 27.3 million people watched President Joe Biden’s 2023 State of the Union address on Tuesday…
Continue Reading‘Sushi terrorism’ prank videos in Japan are hurting its famous conveyor belt restaurants
By Emiko Jozuka and Michelle Toh, CNN Sushi train restaurants have long been an iconic part of Japan’s food culture. Now, videos of people…
Continue Reading‘It’s a mess down here.’ Southwest pilots detail the Christmas meltdown chaos
By Gregory Wallace Congress is set to receive new evidence Thursday of internal chaos at Southwest Airlines over the Christmas holiday meltdown. The…
Continue ReadingDisney plans to cut 7,000 jobs and reward shareholders
By Chris Isidore, CNN Business Disney said it would cut 7,000 jobs from its global workforce, part of a multibillion-dollar cost-cutting initiative…
Continue ReadingDiscovery+ is sticking around. It’s a strategy shift for Warner Bros. Discovery
CNN By Jordan Valinsky, CNN Discovery+ isn’t disappearing, after all. Warner Bros. Discovery, CNN’s parent company, has decided to…
Continue ReadingDiscovery+ is sticking around. It’s a strategy shift for Warner Bros. Discovery
By Jordan Valinsky, CNN Discovery+ isn’t disappearing, after all. Warner Bros. Discovery, CNN’s parent company, has decided to continue…
Continue ReadingBed Bath & Beyond was a retail pioneer. Here’s what went wrong
By Nathaniel Meyersohn, CNN Bed Bath & Beyond, America’s quintessential home furnishings’ chain, is fighting to stay in business.…
Continue ReadingYour Super Bowl party won’t break the budget this year, but watch out for beer
CNN, USDA, @IVONNEKINSER, AVOCADOS FROM MEXICO By Parija Kavilanz, CNN With just days to go to Super Bowl LVII, it’s crunch time if…
Continue ReadingTaco Bell’s breakfast sales soar. It can thank Pete Davidson
By Jordan Valinsky, CNN Breakfast at Taco Bell has been saved — and the chain has Pete Davidson to thank. Sales of Taco Bell’s breakfast…
Continue ReadingBritish postal service unveils first stamps featuring King Charles III
By Issy Ronald, CNN Business The first stamps featuring King Charles III were unveiled on Wednesday by the Royal Mail, the British postal service.…
Continue ReadingHow companies are trying to help victims of the earthquake in Turkey and Syria
By Olesya Dmitracova, CNN Companies around the world are racing to provide help to the victims of the devastating earthquake straddling Turkey and…
Continue ReadingNigeria delays plans to replace its banknotes after chaotic scenes at ATMs
By Nimi Princewill and Stephanie Busari, CNN Nigeria was forced Wednesday to delay plans to replace its banknotes with a redesigned currency after…
Continue ReadingTurkey’s stock market halted after earthquake leads to sharp selloff
CNN By Anna Cooban, CNN Turkey’s stock market has sunk 15% in the three days since a devastating earthquake hit parts of the country’s…
Continue ReadingHere’s what keeps Jerome Powell up at night and interest rates high
By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell threw markets into a tizzy on Tuesday as he spoke about the economy alongside his…
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