Goldman Sachs warns of a ‘real risk’ that America could default on its debt
By Matt Egan Concern is rising on Wall Street over Washington’s debt ceiling game of chicken. Goldman Sachs warned clients on Wednesday that…
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GM: Switching to electric will help double our sales
By Chris Isidore, CNN Business General Motors’ transition to an all-electric vehicle lineup will help the environment. It will also help make…
Continue ReadingBitcoin soars past $55,000 on George Soros fund endorsement
By Paul R. La Monica, CNN Business Bitcoin is back, and it has a prominent new supporter. The price of the world’s most valuable cryptocurrency…
Continue ReadingLevi’s says casual comfort is our new normal, and it’s here to stay
CNN By Parija Kavilanz, CNN Business Levi’s says it could take a while before consumers are ready to toss aside a pair of comfy baggy jeans for…
Continue ReadingBurger King is testing out Impossible nuggets
By Danielle Wiener-Bronner, CNN Business Two years after launching the Impossible Whopper, Burger King is testing out Impossible nuggets. Starting on…
Continue ReadingOrdering a power tool from Home Depot? Walmart may be the one delivering it to you
By Nathaniel Meyersohn, CNN Business Walmart may be delivering the next power drill or can of paint you order from Home Depot. Walmart in August…
Continue ReadingIndia’s power plants are running dangerously short of coal
By Diksha Madhok, CNN Business China isn’t the only major Asian economy facing an energy crisis. India may be staring at electricity shortages…
Continue ReadingSky high natural gas prices will hurt low-income Americans the most this winter
Opinion by Mark Wolfe for CNN Business Perspectives Prices for gasoline, food and other essentials have all risen over the past few months, straining…
Continue ReadingKellogg’s strike: 1,400 cereal factory workers hit picket lines
By Chris Isidore and Rob McLean, CNN Business Workers at the Kellogg Company — maker of breakfast staples such as Corn Flakes and Rice Krispies —…
Continue ReadingThe world is flush with cash. It won’t be forever
By Julia Horowitz, CNN Business A record setting number of mergers. Eye-popping startup fundraising. Institutional hype over bitcoin. No matter where…
Continue ReadingThe screwed-up supply chain may have caused California oil spill disaster
By Chris Isidore and Cheri Mossburg, CNN Business The gridlock of massive container ships outside the United States’ two busiest ports in…
Continue ReadingThe screwed-up supply chain may have caused California oil spill disaster
CNN, CNNBUSINESS By Chris Isidore and Cheri Mossburg, CNN Business The gridlock of massive container ships outside the United States’ two…
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Stock futures stumble as Wall Street fears energy price surge
By CNN Business The-CNN-Wire™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights…
Continue ReadingTina Turner sells music catalog going back 60 years to BMG
By Amy Woodyatt, CNN Business Tina Turner has sold the rights to her music catalog spanning six decades — including songs “What’s Love…
Continue ReadingManhattan apartment sales hit a 30-year high
By Anna Bahney, CNN Business Manhattan’s real estate market is making a comeback. Apartment sales surged in Manhattan during the third quarter,…
Continue ReadingUS default would trigger ‘significant volatility’ and ‘breakages’ in financial system, SEC Chairman warns
By Matt Egan, CNN Business Gary Gensler, the chairman of the Securities and Exchange Commission, warned lawmakers Tuesday that a US default would…
Continue ReadingT-shirts and jeans may get more expensive as cotton prices hit 10-year high
By Matt Egan, CNN Business Cotton prices jumped to fresh 10-year highs on Tuesday, joining a long list of booming commodities and raw materials.…
Continue ReadingFormer Tesla contractor awarded $137 million in racial harassment suit
By Chris Isidore, CNN Business A former worker at Tesla’s Fremont, California, factory was subjected to a racially hostile workplace, according…
Continue ReadingDon’t worry (too much) about an October market crash
By Paul R. La Monica, CNN Business October has often been a spooky month on Wall Street. Stocks famously crashed in October 1929, 1987 and, most…
Continue ReadingWendy’s is turning its Frosty into a cereal
By Jordan Valinsky, CNN Business Wendy’s much-beloved Frosty isn’t only for dessert, anymore. It’s for breakfast, too. The fast…
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