The UK is preparing a huge energy bailout that could cost $172 billion
By Anna Cooban, CNN Business The United Kingdom’s new prime minister is reportedly preparing to commit as much as £150 billion ($172 billion)…
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Billionaire: The Fed won’t say it out loud, but it really wants a higher unemployment rate
CNN, CNN BUSINESS By Matt Egan, CNN Business For many years after the Great Recession, the Federal Reserve did everything in its power to lower the…
Continue ReadingBillionaire: The Fed won’t say it out loud, but it really wants a higher unemployment rate
By Matt Egan, CNN Business For many years after the Great Recession, the Federal Reserve did everything in its power to lower the unemployment rate.…
Continue ReadingKim Kardashian’s next gig: Wall Street investor
By Jordan Valinsky, CNN Business Kim Kardashian is entering the world of private equity. She’s partnering with Jay Sammons, a former executive…
Continue ReadingSerena Williams’ farewell match smashes ESPN ratings records
By Jordan Valinsky, CNN Business Serena Williams’ loss last week at the US Open, likely her final match, made history for ESPN. The roughly…
Continue ReadingSerena Williams’ farewell match smashes ESPN ratings records
CNN By Jordan Valinsky, CNN Business Serena Williams’ loss last week at the US Open, likely her final match, made history for ESPN. The roughly…
Continue ReadingWater is in short supply. Markets should pay attention
By Nicole Goodkind, CNN Business The world is in desperate need of water. Drought and increasing temperatures have threatened to impact nearly every…
Continue ReadingAs China’s economy slows, one industry is seeing record profits: Covid testing
CNN By Laura He, CNN Business China’s zero-Covid strategy of endless testings and lockdowns has hammered its economy and taken a toll on…
Continue ReadingAs China’s economy slows, one industry is seeing record profits: Covid testing
By Laura He, CNN Business China’s zero-Covid strategy of endless testing and lockdowns has hammered its economy and taken a toll on company…
Continue ReadingBillionaire Herb Kohler, heir to faucet fortune, dies at 83
By Alexandra Peers, CNN Business Herb Kohler, Jr., the former head of his family’s namesake global plumbing empire, died Saturday at the age of…
Continue ReadingHow do you like them Apples? Stock could get an iPhone 14 pop
By Paul R. La Monica, CNN Business Apple’s stock has been a lemon this year. Shares are down more than 10% so far in 2022, and Apple is trading…
Continue ReadingHow California ended up in the zero-emissions driver’s seat
By Peter Valdes-Dapena, CNN Business California’s powerful Air Resources Board recently passed new regulations that essentially require all…
Continue ReadingThe problem that should be keeping Liz Truss awake at night
By Julia Horowitz, CNN Business Liz Truss has a lot on her plate. The United Kingdom is heading for a recession. Workers are going on strike as…
Continue ReadingTrump media company faces looming deadline to keep deal alive
By Matt Egan The controversial deal to take former President Donald Trump’s social media platform public faces a crucial deadline this week to…
Continue ReadingMarilyn Loden, a workplace advocate who popularized the term ‘glass ceiling,’ dies at 76
By Scottie Andrew, CNN When Marilyn Loden first used the phrase “glass ceiling” at a women’s business conference in 1978, she…
Continue ReadingOpinion: Americans should be able to marry whoever they choose. But some senators don’t support protecting that right
Opinion by Jared Sine for CNN Business Perspectives One of the most important decisions a person can make in this life is who they choose to marry.…
Continue ReadingADT gets a big boost from State Farm and Google deal
By Paul R. La Monica, CNN Business It looks like Jake from State Farm won’t need to worry about protecting his home from burglars. The…
Continue ReadingDealmaking hasn’t totally dried up. Here’s what’s still getting through
By Julia Horowitz, CNN Business Stomach-churning market turbulence has chilled dealmaking this year, as many companies decide they’d rather…
Continue ReadingMassive rail strike next week could deal another blow to America’s economy
CNN, CNN BUSINESS By Chris Isidore, CNN Business Freight railroads have been around since the 19th century, but you can’t run a 21st century…
Continue ReadingSummer is over. And the battle to get workers back to the office is heating up
By Jeanne Sahadi, CNN Business The battle to get employees back into the office is about to get a little more heated. Many companies experimenting…
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