Layoffs. Losses. Plunging share prices. These pandemic winners are now struggling
By Chris Isidore, CNN Business Few companies flourished more amid the pandemic’s economic upheaval than Peloton. With people unable (or…
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The most expensive baseball card in history just sold for $12.6 million
By Zoe Sottile, CNN Dig out your old baseball cards. They might just be worth eight figures at auction. A Mickey Mantle baseball card from 1952 sold…
Continue ReadingCaution: September is historically a dismal month for stocks
By Paul R. La Monica, CNN Business August is about to come to a close, which means that the summer is almost over in the Northern Hemisphere. (Have…
Continue ReadingCaution: September is historically a dismal month for stocks
CNN, CNN BUSINESS By Paul R. La Monica, CNN Business August is about to come to a close, which means that the summer is almost over in the Northern…
Continue ReadingWhy HBO Max is removing so many series and films
By Frank Pallotta, CNN Business When HBO Max launched in 2020, it was designed to be the streaming home for everything Warner Bros., DC and HBO, with…
Continue ReadingKrispy Kreme debuts new doughnut in honor of Artemis I mission
By Zoe Sottile, CNN One small step for a man, one giant leap for… doughnuts? Krispy Kreme will launch a special, limited-edition Artemis Moon…
Continue ReadingHere’s why Wendy’s in Canada has given its iconic red-headed mascot gray hair
CNN By Ramishah Maruf, CNN The Wendy’s mascot has a new hairdo on its Canadian social media sites — all in support of one of the…
Continue ReadingHere’s why Wendy’s in Canada has given its iconic red-headed mascot gray hair
By Ramishah Maruf, CNN The Wendy’s mascot has a new hairdo on its Canadian social media sites — all in support of one of the…
Continue ReadingA Chipotle in Michigan becomes the company’s first location to unionize
By Ramishah Maruf, CNN Workers at a Chipotle Mexican Grill in Lansing, Michigan, voted to unionize Thursday, becoming the first of the fast-casual…
Continue ReadingHow to take advantage of rising interest rates
By Jeanne Sahadi, CNN Business Federal Reserve Chairman Jerome Powell on Friday made clear that interest rates were likely to continue moving higher…
Continue ReadingSandy Hook families ask judge to order Alex Jones to relinquish control of his company, alleging he transferred millions to himself and family
By Sonia Moghe, CNN The families of Sandy Hook victims allege that Alex Jones’ company Free Speech Systems has “systematically…
Continue ReadingFord is raising the price of its electric SUV as much as $8,000
By Peter Valdes-Dapena, CNN Business Just weeks after announcing it was raising the price of the Ford F-150 Lightning electric pickup, Ford announced…
Continue ReadingHere’s how the Fed is reading today’s jobs report
CNN By Nicole Goodkind, CNN Business The US has a jobs problem: There are too many of them. There are currently around two jobs available for every…
Continue ReadingFed chair Jerome Powell warns fight against inflation will bring ‘some pain’
By Martha C. White Federal Reserve chairman Jerome Powell warned that the central bank’s mission to tame inflation will result in “some…
Continue ReadingFed chair Jerome Powell warns fight against inflation will bring ‘some pain’
CNN, CNNBUSINESS By Martha C. White At the Federal Reserve’s annual Jackson Hole Economic Symposium, chairman Jerome Powell telegraphed a…
Continue ReadingWhat managers should know about ‘quiet quitting’
By Jeanne Sahadi, CNN Business The now viral phrase “quiet quitting” is annoyingly imprecise and misleading. Some say it means doing the…
Continue ReadingYes, the unemployment rate rose. Here’s why that’s good news
CNN Martha C. White On Friday, the Bureau of Labor Statistics reported that the US unemployment rate had ticked up to 3.7% in August, an increase…
Continue ReadingRussia is burning off millions of dollars in gas every day. Here’s why
CNN By Anna Cooban, CNN Business Russia is burning an estimated $10 million worth of natural gas a day near its border with Finland, analysts say,…
Continue ReadingRussia is burning off millions of dollars in gas every day. Here’s why
By Anna Cooban, CNN Business Russia is burning an estimated $10 million worth of natural gas a day near its border with Finland, analysts say, even…
Continue ReadingThis closely watched inflation measure showed some cooling in July
By Alicia Wallace, CNN Business The Federal Reserve’s favored inflation indicator showed that prices took a breather last month as fuel costs…
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