OPEC sticks with supply cuts as West tightens sanctions on Russian oil
By Julia Horowitz, CNN Business OPEC and its allies decided Sunday to stick with their existing policy of curtailing oil output, just hours before…
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‘Saturday Night Live’ tackles Herschel Walker’s campaign in Georgia runoff election
By Megan Thomas, CNN The runoff for Georgia’s remaining US Senate seat took the spotlight during the latest episode of “Saturday Night…
Continue ReadingWhy 2022 is the year of the espresso martini
By Jordan Valinsky, CNN Business It might be 2022, but people are still ordering espresso martinis like it’s the 90s. The coffee-flavored drink…
Continue ReadingThe ‘yes, but’ economy. Yes, we’re worried about recession — but the economy remains resilient
By Christine Romans, CNN Chief Business Correspondent Each week brings head-scratching contradictory news about the economy. This past week was no…
Continue ReadingPepsi wants you to drink soda mixed with milk this holiday season
CNN By Danielle Wiener-Bronner, CNN Business ‘Tis the season to mix milk into your soda. According to Pepsi, anyway. Pepsi launched a campaign…
Continue ReadingEurope agrees to cap the price of Russian oil at $60 a barrel
By Julia Horowitz, CNN Business The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most…
Continue ReadingUS economy added a robust 263,000 jobs in November
By Alicia Wallace, CNN Business The US economy added 263,000 jobs in November, defying aggressive action from the Federal Reserve to cool the economy…
Continue ReadingTop EU official quits US meeting as tension over electric car subsidies persists
By Anna Cooban and Xiaofei Xu, CNN Efforts to resolve a simmering dispute between Europe and the United States over electric vehicle subsidies…
Continue ReadingAlex Jones has filed for personal bankruptcy
By Samantha Beech, CNN Right-wing conspiracy theorist Alex Jones filed for personal Chapter 11 bankruptcy protection in a Texas court on Friday,…
Continue ReadingWhy the stock market is channeling Goldilocks
By Nicole Goodkind, CNN Business The global economy is weakening and consumers are feeling financially stressed. Gas and heat prices are up…
Continue ReadingHow an arcane 96-year-old law stopped the rail strike
By Chris Isidore, CNN Business Most labor disputes never end up being debated in Congress. But thanks to a nearly century-old law that regulates…
Continue ReadingBinance investigates hack affecting a number of crypto tokens
By Juliana Liu and Diksha Madhok, CNN Business The crypto industry just can’t catch a break this year. Binance, the world’s biggest…
Continue ReadingChina’s cities are running out of cash to pay huge Covid lockdown bills
CNN, TWITTER, DOUYIN, WECHAT, DOUYIN/WECHAT By Laura He, CNN Business Protests this week across China show just how unpopular Beijing’s…
Continue ReadingChina’s cities are running out of cash to pay huge Covid lockdown bills
By Laura He, CNN Business Protests this week across China show just how unpopular Beijing’s zero-Covid policy has become. Now, even as the…
Continue ReadingTesla delivers its first electric Semi trucks promising 500 miles of range
By Peter Valdes-Dapena, CNN Business Tesla made the first deliveries of its Semi truck to customers Thursday evening, five years after the heavy-duty…
Continue ReadingCNN’s chief outlines changes to network after layoffs, including end of live programming on HLN
By Oliver Darcy, CNN Business CNN on Thursday executed sweeping layoffs and implemented a series of changes that impacted multiple divisions across…
Continue ReadingWhy Mark Zandi says the US economy will narrowly avoid a recession
By Matt Egan, CNN Business Inflation is cooling. Consumers are still spending. And hiring is slowing — but not collapsing. That’s why…
Continue ReadingYellen to Colbert: ‘I practiced and I practiced’ signature for US currency
By Alicia Wallace, CNN Business Sheets of dollar bills rolling off the presses at the Fort Worth Bureau of Engraving and Printing will soon bear the…
Continue ReadingCaroline Ellison, former Alameda chief, and Gary Wang, FTX cofounder, each pleaded guilty to multiple charges and are cooperating with feds
CNN, CNN BUSINESS By Kara Scannell and Matt Egan, CNN Two senior executives associated with collapsed crypto exchange FTX have pleaded guilty to…
Continue ReadingSam Bankman-Fried says he ‘got a little cocky’ before FTX collapsed
By Allison Morrow, CNN Business Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity, but he’s not…
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