Mortgage rates are highest since March 2020
By Anna Bahney, CNN Business In the second big jump of 2022, mortgage rates again rose to a high not seen since the start of the pandemic. The…
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Mortgage rates are highest since March 2020
CNN, CNN BUSINESS By Anna Bahney, CNN Business In the second big jump of 2022, mortgage rates again rose to a high not seen since the start of the…
Continue ReadingMore than 8,000 workers are on strike at 77 Denver area grocery stores
By Chris Isidore, CNN Business About 8,000 grocery store workers at 77 King Soopers and City Markets stores in the Denver area are on strike after…
Continue ReadingGoldman Sachs urges employees to work remotely until February amid Omicron wave
CNN, INDEPENDENT RESTAURANT COALITION By Matt Egan Goldman Sachs is extending its work-from-home guidance by another two weeks amid the wave of…
Continue ReadingRacing legend Michael Andretti is taking a spin on Wall Street
By Paul R. La Monica, CNN Business Auto racing is arguably hotter than ever, thanks in part to the super popular Netflix series “Drive to…
Continue ReadingGoldman Sachs urges employees to work remotely until February amid Omicron wave
By Matt Egan Goldman Sachs is extending its work-from-home guidance by another two weeks amid the wave of Covid-19 infections. The Wall Street bank…
Continue ReadingVirgin Galactic shares tumble as company says it’s raising $425 million in debt
By Jackie Wattles, CNN Business Shares of Virgin Galactic — the space tourism company that carried its billionaire founder, Richard Branson, to the…
Continue ReadingMost CEOs say inflation will stay hot until at least mid-2023
By Matt Egan, CNN Business Inflation has vaulted to the top of CEOs’ worry list. More than half (55%) of global CEOs fear pricing pressures…
Continue ReadingWhy no one has a quick fix for inflation — not even Joe Biden or Jerome Powell
By Chris Isidore and Allison Morrow, CNN Business Inflation isn’t just an economic headache — it’s become a political blame game that…
Continue ReadingDow drops more than 500 points as bond yields rise and earnings season gets into full swing
CNN, CNNBUSINESS By Anneken Tappe, CNN Business Wall Street had another day in the red at the start of this shortened trading week as investors…
Continue ReadingThe NFL returns to ratings dominance
By Frank Pallotta, CNN Business The National Football League bounced back to ratings dominance following a 2020 season that was disrupted by the…
Continue ReadingStellantis hopes to make the best of a delayed electric start, CEO says
By Peter Valdes-Dapena, CNN Business Stellantis, the company formed last year through the merger of Fiat Chrysler Automobiles and France’s PSA…
Continue ReadingAnother key inflation measure hit a record high
By Anneken Tappe, CNN Business A key inflation measure climbed to a record high in 2021, as pandemic price hikes just aren’t going away. The US…
Continue ReadingCompanies are hoovering up cheap cash while they can
CNN, CNNBUSINESS By Julia Horowitz, CNN Business For companies that want to take advantage of historically-low borrowing costs, the clock is ticking.…
Continue ReadingCompanies are hoovering up cheap cash while they can
By Julia Horowitz, CNN Business For companies that want to take advantage of historically-low borrowing costs, the clock is ticking. What’s…
Continue ReadingVolkswagen falls further behind Tesla in the race to electric
By Charles Riley, CNN Business Volkswagen is falling further behind Tesla in the race to dominate the market for electric cars. Europe’s…
Continue ReadingMassive winter storm could keep grocery shelves empty even longer
CNN, KOMO, WJLA, WUSA, KMAX, WSVN, KYW, WCCO By Parija Kavilanz, CNN Business Grocery stores had already been struggling to keep their shelves…
Continue ReadingDelta posts a profit but warns Omicron will mean a loss this quarter
By Chris Isidore, CNN Business A strong holiday travel season helped Delta Air Lines to a better-than-forecast profit in the last three months of…
Continue ReadingThe grocery cashier ringing you up is not OK
By Nathaniel Meyersohn, CNN Business Sam Dancy has witnessed it all during his 30 years at supermarket chain QFC in Seattle. But the Omicron variant…
Continue ReadingThere are plenty of N95 masks, but they’re not designed for your kids
By Parija Kavilanz, CNN Business N95 respirators, the gold standard of filtration masks, are back in the pandemic spotlight because of the highly…
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