Defense companies aren’t getting a boost from Russia’s war with Ukraine
By Nicole Goodkind, CNN Business When war breaks out, defense companies tend to make money. That means aerospace and defense stocks can serve as safe…
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Homes got even pricier and harder to afford in most US cities
By Anna Bahney, CNN Business Home prices rose by double-digit percentages in most major US cities at the beginning of this year. Of 185 metro areas…
Continue ReadingThe Fed’s favorite inflation measure hit a fresh 40-year high
By Anneken Tappe, CNN Business Americans had to reach deeper into their pockets in March, as yet another key inflation index showed prices hit a…
Continue ReadingInvesting ethically won’t buy protection in this market
By Julia Horowitz, CNN Business As the economy began bouncing back from the coronavirus pandemic, interest in investment products that promoted good…
Continue ReadingLos Angeles sheriff appears to back down after signaling he was investigating reporter
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingThe big winner in Elon Musk’s Twitter deal
By Paul R. La Monica, CNN Business Even the world’s richest person needs financial advice. That’s great news for Morgan Stanley, the…
Continue ReadingLos Angeles sheriff appears to back down after signaling he was investigating reporter
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingUp to a quarter million Ford Explorers recalled for rollaway risk
By Ramishah Maruf, CNN Up to a quarter million Ford Explorers are being recalled due to a mechanical problem that can cause the SUV to roll away…
Continue ReadingHas inflation reached a peak? Three signs that prices could soon come down
By Nicole Goodkind, CNN Business Inflation is at a 40-year high, and Americans are feeling it. A gallon of gas costs about double what it cost in…
Continue ReadingFidelity will soon offer bitcoin as an option in 401(k)s
By Jeanne Sahadi, CNN Business Fidelity Investments announced Tuesday that it will offer bitcoin as an investment option in its 401(k) plans by the…
Continue ReadingPalm oil is in half your groceries. Here’s why prices might shoot up
By Michelle Toh, CNN Business Indonesia will start restricting exports of palm oil this week, a move that could make the global food crisis worse and…
Continue ReadingMuch of Elon Musk’s Twitter deal is still a mystery
By Julia Horowitz, CNN Business The world’s richest man wasn’t convinced he’d be successful in his bid to buy Twitter, one of the…
Continue ReadingChina’s Xi calls for ‘all-out’ infrastructure splurge to rescue economy
By Laura He, CNN Business China is about to embark on a new infrastructure spending spree in a bid to fix an economy nearing breaking point because…
Continue ReadingGreenpeace activists tried to block a Russian oil tanker heading to Norway
By Amy Cassidy and Anna Cooban, CNN Business Norwegian police arrested seven Greenpeace activists on Monday after they chained themselves to a…
Continue ReadingShould you rent or buy? Ask yourself these four questions
By Anna Bahney, CNN Business Anyone looking for a place to live right now is navigating one of the toughest and most expensive housing markets in…
Continue ReadingHere’s what to expect at this year’s White House Correspondents’ Dinner
By Ramishah Maruf, CNN The White House Correspondents’ Dinner returns next Saturday — and the sitting president is set to attend for the…
Continue ReadingAmerica’s pandemic recovery has slowed to a crawl
By Anneken Tappe, CNN Business Investors are gearing up for a week of big ticket economic data, including a first look at economic growth between…
Continue ReadingRevenge spending may keep the economy chugging along
By Paul R. La Monica, CNN Business Now that some mask and vaccine mandates are being lifted, consumers seem ready to spend on travel and other…
Continue ReadingMortgage rates just hit a 12-year high
By Anna Bahney, CNN Business Mortgage rates continued to rise this week, reaching their highest level in more than a decade. The 30-year fixed-rate…
Continue ReadingAfter two years of losses, airlines expect record revenue
By Chris Isidore, CNN Business After two years of massive losses, US airlines are about to start reporting profits once again. Both American and…
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