Oil tumbles 7% as the market faces a new concern
By Matt Egan, CNN Business Covid fears are rocking the oil market Monday as China’s planned lockdown of Shanghai raises concerns about energy…
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Here’s why Tesla shares are on fire again
By Chris Isidore, CNN Business Tesla shares have been on a tear in recent weeks as Elon Musk marked the company’s first deliveries from its new…
Continue ReadingZelensky says Moscow is ‘frightened’ after Kremlin bans his interview
By Nathan Hodge, CNN Business Ukrainian President Volodymyr Zelensky has accused Moscow of being “frightened” by journalists “who…
Continue ReadingThese Russian journalists found a way to report from outside the country
By Ramishah Maruf, CNN Russia’s independent news network, TV Rain, shuttered its Moscow operations in early March — its newsroom empty,…
Continue ReadingCredit Suisse faces US probe after telling investors to ‘destroy documents’ linked to oligarch yacht loans
By Matt Egan, CNN Business The House Oversight Committee launched a probe Monday into Credit Suisse, demanding documents linked to the bank’s…
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 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 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 ReadingRenault suspends production at its Moscow facility
By Xiaofei Xu, CNN French carmaker Renault announced in a statement Wednesday that it has suspended all activities at its Moscow factory. The…
Continue ReadingThe Pillsbury Doughboy can’t make it to your supermarket
By Danielle Wiener-Bronner, CNN Business If you’ve found yourself struggling to find Pillsbury dough or Totino’s pizza rolls lately,…
Continue ReadingAverage US gas price dips below $5 a gallon
By Chris Isidore, CNN Business US drivers got a slight — very slight — break on prices this weekend as the AAA average for a gallon of unleaded…
Continue ReadingWhy high inflation can become a self-fulfilling prophecy
By Anneken Tappe, CNN Business Soaring prices are weighing on consumer sentiment, but Americans have not cut back on their spending — at least…
Continue ReadingInvestors beware: The West is going to hit Russia with more sanctions
By Charles Riley, CNN Business Western sanctions are decimating Russia’s economy and sending shockwaves through global markets. Still, there is…
Continue ReadingMaserati reveals its first electric SUV
By Peter Valdes-Dapena, CNN Business Maserati unveiled its new Grecale SUV Tuesday. It’s only the second SUV in the Italian luxury…
Continue ReadingChinese stocks are on a roller coaster with no end in sight
By Paul R. La Monica, CNN Business US-listed Russian stocks have been in freefall following the invasion of Ukraine — but it’s not the only…
Continue ReadingWar. Inflation. Covid. CEOs’ optimism is dimming
By Matt Egan, CNN Business Just a few months ago, optimism among American CEOs hit record highs. But given stubbornly high inflation, Russia’s…
Continue ReadingNestlé pulls KitKat, Nesquik and other brands from Russia
By Jordan Valinsky, CNN Business Following criticism from Ukraine’s president over Nestlé’s ties to Russia, the company is halting the…
Continue ReadingRussian journalist Oksana Baulina killed in shelling incident in Kyiv
By Uliana Pavlova and Brian Stelter, CNN A Russian journalist working for the independent news site The Insider was killed in a shelling incident in…
Continue ReadingThese two states passed gas tax suspensions. More may follow
By Ramishah Maruf, CNN Business As inflation and Russia’s war on Ukraine force consumers to pay more at the pump, some states are temporarily…
Continue ReadingBritain bans Russian state TV channel RT
By Mark Thompson, CNN Business Britain has banned Russian state TV channel RT, saying it was incapable of providing impartial coverage of the war in…
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