CNN-Business Archives

The Fed just announced a jumbo-sized interest rate cut

September 18, 2024 12:05 PM CNN Newssource

Originally Published: 18 SEP 24 05:00 ET Updated: 18 SEP 24 14:15 ET By Bryan Mena, CNN Washington (CNN) — The Federal Reserve slashed…

Quaker Oats recalls dozens of products over foodborne illness risk

December 18, 2023 5:28 AM CNN

By Eva Rothenberg, CNN New York (CNN) — Quaker Oats on Friday recalled more than 40 granola bar and cereal products because they could be…

FDA approves Eli Lilly’s diabetes drug Mounjaro for obesity under new name, Zepbound

November 8, 2023 11:26 AM CNN Newssource

By Meg Tirrell, CNN (CNN) — The US Food and Drug Administration approved the type 2 diabetes drug tirzepatide for use in chronic weight…

This is the least affordable housing market since 1984. It’s getting worse

November 7, 2023 3:56 PM CNN Newssource

By Matt Egan, CNN New York (CNN) — The last time America’s housing market was this unaffordable, Ronald Reagan was in the White House. It…

Tyson recalls 30,000 pounds of chicken nuggets

November 6, 2023 6:31 AM CNN Newssource

By Nicole Goodkind, CNN New York (CNN) — Tyson Foods is voluntarily recalling about 30,000 pounds of its dino-shaped chicken nuggets…

NPR stops using Twitter after receiving ‘government funding media’ label

April 12, 2023 10:25 AM CNN

(CNN) — NPR on Wednesday said that it is suspending its use of Twitter after clashing with the social media company and its owner Elon Musk over a…

Google suspends Chinese shopping app Pinduoduo over malware

March 21, 2023 6:13 AM CNN Newssource

(CNN) — Google has suspended Pinduoduo, a popular Chinese budget shopping app, from its Play Store after finding malware in versions of the…

This developer is happy that new home construction is falling

March 6, 2023 5:49 AM CNN Newssource

(CNN) — Recent headlines point to a slumping US housing market — as mortgage rates average near 7%, an increasing number of…

Discounts led Target to a surprising comeback

February 28, 2023 5:55 AM CNN Newssource

(CNN) — Target’s decision to cut prices to boost sales has paid off. The retailer’s holiday-quarter sales at stores open at…

Home Depot to spend $1 billion more on hourly workers

February 21, 2023 5:41 AM CNN Newssource

(CNN) — Home Depot said it will increase pay and benefits for front line hourly staff by $1 billion this year, another sign of a tighter…

White House to announce Tesla will open part of its charging network in effort to expand EV access

February 17, 2023 5:42 AM CNN Newssource

(CNN) — The Biden administration is announcing new steps Wednesday to expand the nation’s electric vehicle infrastructure, including a new…

Chick-fil-A’s newest sandwich has no chicken in it

February 9, 2023 11:41 AM CNN Newssource

(CNN) — Chick-fil-A’s newest sandwich ditches chicken for … cauliflower. The aptly named “Chick-fil-A Cauliflower Sandwich” is being…

The way we search for information online is about to change

February 9, 2023 5:47 AM CNN Newssource

(CNN) — An entire generation of internet users has approached search engines the same way for decades: enter a few words into a search box and wait…

TikTok CEO to testify before Congress in March

January 30, 2023 6:03 AM CNN Newssource

(CNN) — TikTok CEO Shou Zi Chew will testify at an upcoming hearing before the House Energy and Commerce Committee, a committee spokesperson…

Southwest posts quarterly loss and warns more losses are ahead after service meltdown

January 26, 2023 6:21 AM CNN Newssource

(CNN) — Southwest Airlines reported a loss for the fourth quarter because of the company’s service meltdown over the holiday travel season,…

IBM and SAP are cutting thousands of jobs

January 26, 2023 5:39 AM CNN Newssource

(CNN) — IBM and SAP are the latest tech companies to slash thousands of jobs, as they reorganize businesses and profits come under pressure…

Fed Chair Powell: Bringing down inflation requires ‘measures that are not popular’

January 10, 2023 10:01 AM CNN

By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell made his first public appearance of the year on Tuesday, stressing the importance of…

NICU mom stays by her son’s side after his nurses leave to strike

January 9, 2023 9:06 AM CNN

By Celina Tebor, CNN Lora Ribas hasn’t left her son’s bedside in four days. Her one-year-old baby, Logan, has been in the neonatal…

China’s crackdown on tech giants is ‘basically’ over, top official says

January 9, 2023 12:41 AM CNN

By Laura He, CNN China’s heavy-handed crackdown on tech giants is coming to an end and the country’s economic growth is expected to be…

Fantasy football leagues in limbo donate pots to support Damar Hamlin

January 7, 2023 4:03 AM CNN

By Jennifer Korn, CNN As the football world hopes for more good news about Buffalo Bills safety Damar Hamlin’s recovery, some fans are…