Why car shopping is so bizarre in the United States
By Peter Valdes-Dapena, CNN Business The way we buy cars in America is just weird. Just think about it for a moment. When you want to buy a…
Continue ReadingMoney
Ikea’s restaurants were failing. Then it turned to Swedish meatballs
By Nathaniel Meyersohn, CNN Business Ikea is known for sprawling showrooms, cheap flat-pack furniture and, of course, Swedish meatballs. The retail…
Continue ReadingNasdaq wraps its worst month in nearly 14 years as recession fears grow stronger
By Nicole Goodkind, CNN Business US stocks plunged on Friday, with the Nasdaq marking its worst month since October 2008 and the S&P notching…
Continue ReadingElectric car startups want to avoid same fate as Britain’s 1890s bike bubble
By Matt McFarland, CNN Business Amazon and Ford reported this week they lost a combined $12.3 billion in the last three months due to their…
Continue ReadingInflation spurs record decline in workers’ wages and benefits
By Tami Luhby, CNN Skyrocketing inflation is robbing Americans of their raises. Total compensation costs for civilian workers declined 3.7% over the…
Continue ReadingPutin keeps the ruble surging as Russia makes 11th-hour effort to avoid default
CNN By David Goldman, CNN Business Russian President Vladimir Putin’s efforts to support the ruble continue to pay off — and then some.…
Continue ReadingPutin keeps the ruble surging as Russia makes 11th-hour effort to avoid default
By David Goldman, CNN Business Russian President Vladimir Putin’s efforts to support the ruble continue to pay off — and then some.…
Continue ReadingHow to get a reference when you’re new to the job market
By Kathryn Vasel, CNN Business You’ve made it through the interviews and now a potential employer is asking for references. But if you’re…
Continue ReadingWarren Buffett fans have plenty to cheer this weekend
By Paul R. La Monica and Nicole Goodkind, CNN Business Berkshire Hathaway investors are set to descend on Omaha, Nebraska, for the company’s…
Continue ReadingThe Fed’s favorite inflation measure hit a fresh 40-year high
By Anneken Tappe, CNN Business Americans had to reach deeper into their pockets in March, as yet another key inflation index showed prices hit a…
Continue ReadingThe Fed’s favorite inflation measure hit a fresh 40-year high
CNN, CNNBUSINESS By Anneken Tappe, CNN Business Americans had to reach deeper into their pockets in March, as yet another key inflation index showed…
Continue ReadingPrivate astronaut just back from space station describes interactions with Russian cosmonauts
CNN By Kristin Fisher It didn’t take long for the crew of the first all-private mission to the International Space Station to experience the…
Continue ReadingChina may be getting ready to wind down its crackdown on big tech
By Diksha Madhok, CNN Business Shares of Chinese tech companies soared on Friday after Beijing signaled that it may throw the beleagured industry a…
Continue ReadingChina may be getting ready to wind down its crackdown on big tech
CNN By Diksha Madhok, CNN Business Shares of Chinese tech companies soared on Friday after Beijing signaled that it may throw the beleagured industry…
Continue ReadingPrivate astronaut just back from space station describes interactions with Russian cosmonauts
By Kristin Fisher It didn’t take long for the crew of the first all-private mission to the International Space Station to experience the unique…
Continue ReadingExxonMobil took a $3.4 billion hit for exiting Russia. Its profit still soared
By Chris Isidore, CNN Business ExxonMobil took at $3.4 billion charge for exiting its business in Russia in the first quarter, but it still posted…
Continue ReadingMuch of Europe is facing stagflation. France is already there
By Mark Thompson, CNN Business The European economy slowed in the first three months of the year due to a combination of soaring inflation and early…
Continue ReadingElon Musk sells $8.5 billion worth of Tesla shares
By Chris Isidore, CNN Business Tesla CEO Elon Musk sold $8.5 billion of the electric automaker’s stock in the three days after the Twitter…
Continue ReadingElon Musk sells $8.5 billion worth of Tesla shares
CNN, CNN BUSINESS By Chris Isidore, CNN Business Tesla CEO Elon Musk sold $8.5 billion of the electric automaker’s stock in the three days…
Continue ReadingRecession fears are mounting. Here’s how to protect your money
By Jeanne Sahadi, CNN Business Warnings of a potential recession aren’t surprising given how many tripwires there are in today’s economy.…
Continue Reading