Recession risks are ‘uncomfortably high and moving higher,’ Mark Zandi says
By Matt Egan, CNN Business The war in Ukraine. Red-hot inflation. And rapid interest rate hikes. The economic recovery that began two years ago faces…
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These fossil fuel companies sent more than $15B in taxes to Russia since it annexed Crimea, NGOs say
By Angela Dewan, International Climate Editor, CNN Nine European and US fossil fuel companies have paid a collective $15.8 billion to Russia in…
Continue ReadingChina Eastern Airlines grounds 223 Boeing 737-800 aircraft after crash
By Laura He, CNN Business China Eastern Airlines is grounding dozens of aircraft after a deadly crash earlier this week. The airline and its…
Continue ReadingUkrainian crew member who tried to sink a yacht linked to an oligarch: ‘It was my first step for the war with Russia’
CNN By Bob Ortega, Al Goodman, Casey Tolan, Curt Devine and Jeff Winter, CNN For 10 years, Taras Ostapchuk worked at what many might consider a dream…
Continue ReadingUkrainian crew member who tried to sink a yacht linked to an oligarch: ‘It was my first step for the war with Russia’
By Bob Ortega, Al Goodman, Casey Tolan, Curt Devine and Jeff Winter, CNN For 10 years, Taras Ostapchuk worked at what many might consider a dream…
Continue ReadingAs gas prices skyrocketed, Google search interest for electric vehicles smashed a record
By Rachel Ramirez As gas prices soared and deepened the pain at the pump this month, consumers reacted by searching for — and possibly dreaming of…
Continue ReadingEdward Johnson III, Fidelity CEO who revolutionized investing, dies at 91
By Nicole Goodkind, CNN Business Edward “Ned” Johnson III, who oversaw Fidelity Investments’ transformation into a financial…
Continue ReadingSports betting stocks are no slam dunk, even during March Madness
By Paul R. La Monica, CNN Business It’s been an exciting NCAA men’s basketball tournament so far. Baylor, the reigning champ, is already…
Continue ReadingNearly half of foreign businesses in Hong Kong are planning to relocate
By Allison Morrow, CNN Business Foreign businesses have for decades reaped the benefits of setting up shop in Hong Kong, a historically stable,…
Continue ReadingGas prices are high. Oil CEOs reveal why they’re not drilling more
CNN, CNNBUSINESS By Matt Egan, CNN Business The US oil industry doesn’t appear to be in any rush to come to the rescue of Americans struggling…
Continue ReadingGas prices are high. Oil CEOs reveal why they’re not drilling more
By Matt Egan, CNN Business The US oil industry doesn’t appear to be in any rush to come to the rescue of Americans struggling with high gas…
Continue ReadingRussia’s days as an energy superpower are coming to an end
Opinion by Nikos Tsafos for CNN Business Perspectives In a matter of weeks, the war in Ukraine has upended an energy relationship between Europe and…
Continue ReadingTax penalties are a waste of your money. Here’s how to avoid them
By Jeanne Sahadi, CNN Business Unless you enjoy throwing money away, you’ll want to do all you can to avoid being hit with tax penalties and…
Continue ReadingMortgage rates keep climbing
By Anna Bahney, CNN Business Mortgage rates continued to rise amid fears of inflation and geopolitical uncertainty. The 30-year fixed-rate mortgage…
Continue ReadingWeekly jobless claims fall to a nearly 53-year low
By Paul R. La Monica, CNN Business Just 187,000 people in the United States filed for initial weekly unemployment benefits last week, lower than…
Continue ReadingQatar will stand ‘in solidarity’ with European countries during energy crisis
By Becky Anderson, Mostafa Salem and Adam Pourahmadi, CNN Business Qatar will stand “in solidarity with Europe” and will keep natural gas…
Continue ReadingBlackRock says Russia’s war in Ukraine is the end of globalization
By Anna Cooban, CNN Business Russia’s invasion of Ukraine has ended globalization as we know it, says the head of BlackRock, the world’s…
Continue ReadingGas rationing, food vouchers and hunger: Economic pain from Russia’s war is getting real
By David Goldman, CNN Business As Russian soldiers bear down on Ukraine, increasingly desperate Ukrainians are running out of food and medicine. The…
Continue ReadingRussia is breaking market rules left and right
By Charles Riley, CNN Business Russia is breaking market rules left and right as its financial isolation deepens. The latest: Russia’s stock…
Continue ReadingRussia’s stock market reopens after month-long closure
By Charles Riley, CNN Business Russia’s stock market opened for the first time in a month on Thursday as investors took part in a highly…
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