Two major airline CEOs question the need for masks on planes
By Chris Isidore, CNN Business The CEOs of two of the nation’s major airlines say they don’t think wearing masks on planes does much to…
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Goldman Sachs cuts US economic forecast after Joe Manchin rejects Build Back Better
CNN, CNNBUSINESS By Matt Egan, CNN Senator Joe Manchin’s opposition to the Build Back Better Act prompted Goldman Sachs to swiftly dim its US…
Continue ReadingThe Fed hints at multiple rate hikes in 2022 to combat inflation
By Anneken Tappe, CNN Business America’s inflation spikes have prompted the Federal Reserve to pick up the pace in normalizing its pandemic-era…
Continue ReadingWall Street has fallen in love with bowling
By Paul R. La Monica, CNN Business “Bowling for Dollars” was a popular 1970s game show. The company that owns the Professional Bowlers…
Continue ReadingDollar General is putting workers’ safety at risk, Labor Department says
By Nathaniel Meyersohn, CNN Business The Labor Department sharply criticized Dollar General’s “troubled history” on worker safety,…
Continue ReadingElon Musk calls Elizabeth Warren ‘Senator Karen’ in fight over taxes
By Chris Isidore, CNN Business Senator Elizabeth Warren and Tesla CEO Elon Musk are in the middle of a full-scale Twitter war. Warren called the…
Continue ReadingHoliday shopping gets off to a disappointingly sluggish start
By Anneken Tappe and Nathaniel Meyersohn, CNN Business Americans dialed back their spending in November, new data from the Census Bureau showed…
Continue ReadingIs the Federal Reserve blowing its best chance to fight inflation?
By Julia Horowitz, CNN Business The Federal Reserve, faced with the highest jump in inflation in almost four decades, is preparing to pivot.…
Continue ReadingThe Fed’s huge challenge: Taming inflation, without starting a recession
By Matt Egan, CNN Business President Joe Biden is taking the political punches for high inflation. But price stability is the responsibility of the…
Continue ReadingKraft will pay you $20 not to make cheesecake for Christmas
By Danielle Wiener-Bronner, CNN Business Kraft is using its cream cheese shortage as a marketing opportunity. For just a few days this holiday…
Continue ReadingBritain’s nightmare economy of the 1970s may be making a comeback
By Charles Riley, CNN Business Talk of stagflation has been brewing for months. Now that toxic combination of stagnant economic growth and high…
Continue ReadingChina was already facing an economic slowdown in 2022. Now here comes Omicron
By Laura He, CNN Business China’s economy is still struggling with real estate woes and fallout from sporadic Covid-19 lockdowns. Throw the…
Continue ReadingSole survivor of India helicopter crash dies in hospital after almost a week on life support
By Rhea Mogul and Vedika Sud, CNN The only survivor of a helicopter crash that killed India’s top military official has died from his injuries…
Continue ReadingSurprise! Holiday packages are moving on time
By Chris Isidore, CNN Business Here’s a rare piece of holiday cheer in a year of screwed up supply chains: Shipments and deliveries are…
Continue ReadingHarley-Davidson is spinning off its electric motorcycle brand
By Peter Valdes-Dapena, CNN Business Harley-Davidson’s electric motorcycle brand, LiveWire, will be spun off as a separate publicly traded…
Continue ReadingOmicron and Delta be damned: Americans won’t stop flying
Opinion by Khalid Usman, Bruce Hamory and Andrew Buchanan for CNN Business Perspectives Parts of the world may be facing new restrictions amid rising…
Continue ReadingOmicron and Delta be damned: Americans won’t stop flying
CNN Opinion by Khalid Usman, Bruce Hamory and Andrew Buchanan for CNN Business Perspectives Parts of the world may be facing new restrictions amid…
Continue ReadingRising grocery prices force customers to buy less, change brands and switch stores
By Nathaniel Meyersohn, CNN Business Morgan Moore’s grocery bills are sky-high. So she has started to stay away from name brands and buy more…
Continue Reading‘This is weird and murky.’ Trump SPAC deal values firm at more than $10 billion despite red flags
By Matt Egan, CNN Business Former President Donald Trump’s new media venture has no known revenue or product. Trump Media & Technology…
Continue ReadingA key inflation measure just hit its highest level on record
By Anneken Tappe, CNN Business A key inflation gauge showed that US prices continued to climb in November as pandemic-era supply chain chaos and a…
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