Home Depot’s strong quarter shows housing market is still booming
By Paul R. La Monica, CNN Business Home Depot has a message for all of the economic naysayers: Hold my plywood. The home improvement retail giant…
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Walmart’s stock posts its worst day since 1987
By Nathaniel Meyersohn, CNN Business Inflation is weighing on everyone — even the world’s biggest stores. Walmart said Tuesday that higher…
Continue ReadingRetirees, how is inflation affecting your spending?
By Jeanne Sahadi, CNN Business Unless someone else does your shopping and manages your money, it’s impossible to miss the signs of inflation on…
Continue ReadingThinking about selling your home? This may be the time
By Anna Bahney, CNN Business Home prices are at record highs and still rising, but there are some early indications that the market may be starting…
Continue ReadingIndia offered to help fix the global food crisis. Here’s why it backtracked
By Diksha Madhok, CNN Business A month ago, as Russia’s war in Ukraine pushed the world to the brink of a food crisis, India’s prime…
Continue ReadingBrides are pumped to wear black wedding dresses
By Parija Kavilanz, CNN Business Weddings typically aren’t the occasion to throw convention to the wind, but some brides are doing just that…
Continue ReadingIndian couple sue only son for not giving them grandchildren
By Esha Mitra and Jessie Yeung, CNN A couple in India are suing their son and daughter-in-law — for not giving them grandchildren after six…
Continue ReadingNo cars were sold in Shanghai in April as zero-Covid policy hammers activity
By Laura He, CNN Business Shanghai posted zero car sales last month as China pressed ahead with its stringent pandemic control measures. The biggest…
Continue ReadingCalifornia court strikes down another law seeking to diversify corporate boards
By Jeanne Sahadi, CNN Business California’s efforts to mandate board diversity have been dealt another blow. Late last week, a California judge…
Continue ReadingBoeing needs to get its ‘s*** together,’ Ryanair CEO says
CNN, CNN BUSINESS By Chris Isidore, CNN Business The CEO of Ryanair let loose a scathing, obscenity-laden attack on Boeing management Monday, saying…
Continue ReadingOpinion: 44 million people now face extreme hunger. The US must do more to help
Opinion by Abby Maxman for CNN Business Perspectives Forces like climate change, Covid-19 and geopolitical conflict were already spurring a global…
Continue ReadingThe Fed’s slow response to inflation was a mistake, says ex-chair Ben Bernanke
By Nicole Goodkind, CNN Business The first rule of running the Federal Reserve is: You do not criticize the Federal Reserve. An unspoken edict…
Continue ReadingWalmart has a new way to turn college grads into store managers
By Nathaniel Meyersohn, CNN Business Walmart is creating a new program to fast-track recent college graduates into store manager positions —…
Continue ReadingStocks could fall a lot further
By Paul R. La Monica, CNN Business Stocks have been tumbling all year. The Nasdaq, down nearly 25% in 2022, is in a bear market. The S&P 500 is…
Continue ReadingThe Dow is on its longest weekly losing streak since 1923
CNN, CNNBUSINESS By Matt Egan, CNN Business The stock market selloff hit pause Friday, but the Dow Jones Industrial Average couldn’t avoid its…
Continue Reading$5 gas could become widespread as prices hit another record
By Matt Egan, CNN Business Prices at the pump continue to shatter records ahead of Memorial Day weekend. The national average for regular gas hit a…
Continue ReadingHow early traumas can affect your relationship with money
By Jeanne Sahadi, CNN Business Divorce. Job loss. Business failure. Eviction. Bankruptcy. Poverty. Few people get through life without experiencing a…
Continue ReadingScared investors haven’t hoarded this much cash since 9/11
CNN By Julia Horowitz, CNN Business The mood hanging over financial markets is anxious and gloomy, whether you’re a professional investor or a…
Continue ReadingThe Fed has a new plan to avoid recession: Party like it’s 1994
By Nicole Goodkind, CNN Business Wide leg jeans, butterfly clips and half-point rate increases: The 1990s are back. Earlier this month Federal…
Continue ReadingThe pandemic-era rally is now a distant memory for some stocks
By Julia Horowitz, CNN Business US banks had a stellar run in late 2020 and 2021. Stocks in the sector soared roughly 80%, powered by the strong…
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