Bank of England hikes interest rates to tackle rising prices
By Charles Riley, CNN Business The Bank of England is hiking interest rates in an effort to fight surging prices even as the Omicron variant engulfs…
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A Black couple had a White friend show their home and its appraisal rose by nearly half a million dollars
By Joe Johns, Laura Robinson and Nicole Chavez, CNN Tenisha Tate-Austin and her husband became suspicious when the Northern California home they…
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Starbucks workers at Buffalo store vote to unionize
By Chris Isidore, CNN Business A union has won the right to represent US Starbucks workers for the first time. The vote to unionize at a shop in…
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Someone just paid $7,753 for school papers graded by Elon Musk
By Peter Valdes-Dapena, CNN Business Today, a lot of business students would probably pay serious money for Elon Musk’s opinion of their work.…
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How millions of jobless Americans can afford to ditch work
By Allison Morrow and Anneken Tappe, CNN Business One of the more insidious myths this year was that young people didn’t want to work because…
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‘TikTok changed my life.’ Real estate agents find huge success on the app
By Kameryn Griesser and Sofia Barrett, CNN Business In the midst of a global pandemic, the real estate market has been on fire. Demand for homes has…
Continue ReadingWall Street firm Jefferies returns to remote work and cancels social events after dozens of Covid cases
By Matt Egan, CNN Business Dozens of Jefferies employees have tested positive for Covid-19, forcing the Wall Street firm to ask staff to work from…
Continue ReadingSnowy wonderlands, twinkle lights and love against all odds: Time to binge on cheesy Christmas movies
Opinion by Bill Carter for CNN Business Perspectives Ah, Christmas movies: the snow, the decorations, the families reuniting, the elves, Santa, the…
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Evergrande has defaulted on its debt, Fitch Ratings says
By Laura He, CNN Business Evergrande, the embattled Chinese property developer, has defaulted on its debt, according to Fitch Ratings. The credit…
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The cream cheese shortage hits Junior’s
By Danielle Wiener-Bronner, CNN Business Junior’s Cheesecake has a big problem: Not enough cream cheese. The company’s cheesecake is made…
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Sole survivor of India helicopter crash fights for his life as country mourns victims
By Esha Mitra, Vedika Sud and Rhea Mogul, CNN The only survivor of a helicopter crash that killed 13 people including India’s top military…
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Roku soars on new deal with Google to keep streaming YouTube
By Paul R. La Monica, CNN Business Roku customers no longer have to worry about losing access to the channels of their favorite creators. The company…
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Europe’s largest travel company says Omicron is hurting winter bookings
By Walé Azeez, CNN Business TUI says a surge in Covid-19 infections and the Omicron variant is taking its toll on winter holiday bookings.…
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Glimmers of hope emerge in the supply chain nightmare
By Matt Egan, CNN Business Epic port congestion is easing. Shipping prices are falling from sky-high levels. Deliveries are speeding up a bit. There…
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Dubai is switching its work week to align with global markets
By Mostafa Salem and Walé Azeez, CNN Business The United Arab Emirates and its international finance hub Dubai are switching to a…
Continue Reading3 Better.com executives resign after CEO lays off 900 over Zoom
By Moira Ritter Days after Better.com’s CEO unceremoniously fired 900 people over Zoom, several executives are handing in their resignation…
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Better.com CEO fires 900 employees over Zoom
By Ramishah Maruf, CNN Business Better.com CEO Vishal Garg announced the mortgage company is laying off about 9% of its workforce on a Zoom webinar…
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New York City to mandate Covid vaccines for all private sector workers
By Aaron Cooper, Matt Egan and Chris Isidore, CNN Business All private sector employers in New York City will now be required to implement a Covid-19…
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Federal regulators are investigating the Trump SPAC deal
By Matt Egan, CNN Business The shell company that is facilitating former President Donald Trump’s return to Wall Street disclosed Monday that…
Continue Reading Better.com CEO fires 900 employees over Zoom
By Ramishah Maruf, CNN Business Better.com CEO Vishal Garg announced the mortgage company is laying off about 9% of its workforce on a Zoom webinar…
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