Fed Chair Jerome Powell says ‘some pain’ is on the horizon. Here’s what that means
By Alicia Wallace, CNN Business In a blunt speech last Friday, Federal Reserve Chairman Jerome Powell warned that the central bank’s battle…
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Mukesh Ambani prepares to hand a $220 billion empire to his children
By Diksha Madhok, CNN Business Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while…
Continue ReadingIndian billionaire Gautam Adani is now the world’s third richest man
By Michelle Toh, CNN Business Gautam Adani was already Asia’s richest man. Now he’s also the world’s third richest person,…
Continue ReadingChina shuts world’s largest electronics market as Shenzhen imposes more lockdowns
By Nectar Gan and CNN’s Beijing bureau China’s southern city of Shenzhen on Monday shut down the world’s largest electronics market…
Continue ReadingTwitter was questioned by SEC over bots, user numbers in June
By Clare Duffy, CNN Business The Securities and Exchange Commission earlier this summer probed Twitter regarding its measurements of monetizable…
Continue ReadingMadam C.J. Walker, America’s first female self-made millionaire, is now a Barbie
By Zoe Sottile, CNN Madam. C.J. Walker, the first self-made female millionaire in the U.S., is the next female role model to be honored in…
Continue ReadingDeLorean’s new car looks nothing like the one you remember. Here’s why
By Peter Valdes-Dapena, CNN Business If you’ve seen the new DeLorean Alpha5 electric car, you might be disappointed that it doesn’t look…
Continue ReadingStocks may fall even further. Here’s how to protect your portfolio
By Jeanne Sahadi, CNN Business Things were starting to look up for investors. After stocks got clobbered in the first half of the year, they started…
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Mom-and-pop liquor stores raise concerns over upcoming alcohol ballot measures
COLORADO SPRINGS, Colo. (KRDO) — Friday, the Secretary of State’s office announced that three initiatives concerning the licensing and sale of…
Continue ReadingMusk’s legal team to depose whistleblower Peiter Zatko in Twitter case
By Clare Duffy, CNN Business Elon Musk’s legal team has subpoenaed former Twitter head of security and whistleblower Peiter “Mudge”…
Continue ReadingIt now costs more than $300,000 to raise a child, thanks to inflation
By Ramishah Maruf, CNN Soaring inflation has made almost everything more expensive. And it has significantly increased the cost of one major budget…
Continue ReadingHonda, LG announce $4.4 billion US battery factory for EVs
By Matt McFarland, CNN Business Honda has struck a deal with Korean battery giant LG Energy Solution to build a $4.4 billion US factory to supply its…
Continue ReadingFTC sues data broker Kochava for selling location information that could unmask abortion-seekers
By Brian Fung, CNN Business The Federal Trade Commission is suing a data broker that the agency claims has sold sensitive location data that can…
Continue ReadingEuropean power prices shatter records as energy crisis intensifies
By Julia Horowitz, CNN Business Power prices in Europe continue to smash records, intensifying the region’s energy crisis and fanning fears…
Continue ReadingWireless carriers keep your location data for years and provide it to the police
By Brian Fung, CNN Business The country’s largest wireless carriers not only know where you are every time you make a phone call or use your…
Continue ReadingStocks slip in volatile trading as investors prepare for more big rate hikes
By Paul R. La Monica, CNN Business Welcome to the lazy, crazy days of summer on Wall Street. Stocks fell again Monday in a choppy session. So it…
Continue ReadingStarbucks’ Pumpkin Spice Latte is coming back at a higher price
By Jordan Valinsky, CNN Business Not even Starbucks’ Pumpkin Spice Latte is immune to inflation. The fall favorite, which returns Tuesday, is…
Continue ReadingOpinion: Social media companies like Twitter can’t be trusted to regulate themselves
Opinion by Kara Alaimo for CNN Business Perspectives The latest bombshell about Twitter’s alleged lack of security and potential…
Continue ReadingStarbucks’ Pumpkin Spice Latte is coming back at a higher price
(CNN) — Not even Starbucks’ Pumpkin Spice Latte is immune to inflation. The fall favorite, which returns Tuesday, is getting more…
Continue ReadingChina’s yuan slid to the weakest in two years as hawkish Fed signals more rate hikes
By Laura He, CNN Business The Chinese yuan sank to the lowest level in two years after hawkish comments by Federal Reserve chairman Jerome Powell…
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