Hyundai to build $5.5 billion EV and battery plant in the US. Here’s where
By Ramishah Maruf, CNN Georgia will be home to Hyundai’s first dedicated EV plant and battery manufacturing facility in the United States, the…
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J.M. Smucker is recalling some Jif peanut butter products due to salmonella
By Ramishah Maruf, CNN J.M. Smucker is recalling certain types of Jif peanut butter in the US because of a potential salmonella contamination. The…
Continue ReadingPeople still call restaurants. Applebee’s is hiring someone else to answer
CNN By Danielle Wiener-Bronner, CNN Business Believe it or not, people still order takeout using the phone. Applebee’s doesn’t want to…
Continue ReadingBlack buyers are getting squeezed out of the hot housing market
By Gabe Cohen, CNN Business Nicosha Jones spent nearly a year trying to buy her first home. Jones, 48, planned to build equity by buying a home in…
Continue ReadingNew home sales fell by nearly 17% in April as buying became even less affordable
CNN By Anna Bahney, CNN Business The double punch of high home prices and rising mortgage rates took a toll on sales of newly constructed homes in…
Continue ReadingOpinion: WEF president: How the world can rebuild cooperation
Opinion by Børge Brende for CNN Business Perspectives The war in Ukraine, a challenging economic outlook, rising global temperatures and a…
Continue ReadingWhy stores always put candy and soda near the cash register
By Nathaniel Meyersohn, CNN Business It’s happened to just about everyone who’s bored in line waiting to check out at a store: You spot a…
Continue ReadingStocks surge thanks to big rally for JPMorgan Chase and other banks
CNN, CNN BUSINESS By Paul R. La Monica, CNN Business Investors took a break from selling in May and going away, for one day at least. Stocks soared…
Continue ReadingIndia, the world’s largest producer of sugar, is restricting exports
CNN By Diksha Madhok, CNN Business India has decided to restrict the sale of sugar on international markets, just days after it banned wheat exports.…
Continue ReadingS&P 500 briefly falls into bear market territory as recession fears mount
By Nicole Goodkind, CNN Business The S&P 500 briefly fell into bear market territory Friday, slipping more than 20% from its record high and…
Continue ReadingThe Dow is on its longest weekly losing streak since 1923
By Matt Egan, CNN Business The stock market selloff hit pause Friday, but the Dow Jones Industrial Average couldn’t avoid its longest weekly…
Continue ReadingPrices are rising. How much should your salary increase?
By Kathryn Vasel, CNN Business When it comes to salary negotiations, job candidates have a lot of leverage these days. “There are a number of…
Continue ReadingPfizer and Moderna created life-saving vaccines. So why are their stocks crumbling?
By Paul R. La Monica, CNN Business Pfizer, BioNTech and Moderna are experiencing a post-vaccine hangover on Wall Street this year. All three stocks…
Continue ReadingRussia is about to cut off Finland’s natural gas
CNN, AFPTV By Chris Liakos and Anna Cooban, CNN Business Russia is about to cut off natural gas supplies to a third European country that refuses to…
Continue ReadingRussia is about to cut off Finland’s natural gas
By Chris Liakos and Anna Cooban, CNN Business Russia is about to cut off natural gas supplies to a third European country that refuses to accept the…
Continue ReadingWhy the looming bear market will be different
By Julia Horowitz, CNN Business When a bear market arrives, it’s not pretty, especially for investors making short-term decisions. But it…
Continue ReadingChina slashes key interest rate as housing sales collapse
By Laura He, CNN Business China on Friday slashed a key interest rate to rescue its slumping housing market and head off a major downturn in the…
Continue ReadingChina needs Russian coal. Moscow needs new customers
By Laura He, CNN Business China is buying record amounts of cheap Russian coal, even as Western nations slam Moscow with sanctions over the invasion…
Continue ReadingChina needs Russian coal. Moscow needs new customers
CNN, CNNBUSINESS By Laura He, CNN Business China is buying record amounts of cheap Russian coal, even as Western nations slam Moscow with sanctions…
Continue ReadingMercedes just sold the world’s most expensive car for $142 million
By Peter Valdes-Dapena, CNN Business Mercedes-Benz confirmed on Thursday that it recently sold the world’s most expensive car. A very rare 1955…
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