Where to hide in a bear market? Soda, peanut butter and tissues
By Paul R. La Monica, CNN Business Stocks plunged again Monday, extending Friday’s losses and officially pushed the S&P 500 into bear…
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Opinion: 3 signs the labor market isn’t as great as it looks
Opinion by Beth Ann Bovino for CNN Business Perspectives As markets reel over fears that an inflation-induced recession is on the horizon, the jobs…
Continue ReadingMen want pearls and they’re not afraid to wear them
By Parija Kavilanz, CNN Business Watch your pearls, ladies. The fellas are coming for them. Men are wearing pearl jewelry — necklaces, bracelets,…
Continue ReadingThe Fed may have to do something it hasn’t done since 1994 to tame inflation
By Paul R. La Monica, CNN Business Just one month ago, Federal Reserve chairman Jerome Powell said that the central bank was not “actively…
Continue ReadingDow tumbles 876 points and stocks enter bear market on worries of drastic rate hikes
By David Goldman, CNN Business US stocks have plunged into a bear market as Wall Street investors grew increasingly nervous about the prospect of…
Continue ReadingBitcoin plunges below $23,000 as the crypto meltdown continues
By Anna Cooban, CNN Business Bitcoin and other cryptocurrencies continued to slide Tuesday as investors bailed out of risky assets in anticipation of…
Continue ReadingTesla is trying an old trick to boost its stock. It may not work
By Julia Horowitz, CNN Business In recent years, when a company announced it was splitting its stock, Wall Street went wild. When Tesla revealed such…
Continue ReadingIkea is considering closing another store in China
By Laura He, CNN Business Ikea has already shut one store in mainland China this year and could close another in Shanghai in early July. The Swedish…
Continue ReadingChina is encouraging college graduates to work in the countryside
By Laura He, CNN Business China is urging college graduates to seek jobs in the countryside as youth unemployment in urban areas soars to the highest…
Continue ReadingGlobal markets fall after rough week on Wall Street; yen hits two-decade-low
By Laura He and Mark Thompson, CNN Business Global markets and US stock futures fell early Monday, indicating a downbeat start to the trading week…
Continue ReadingLuxury home sales see biggest decline since the start of the pandemic
By Ramishah Maruf, CNN Even the wealthiest Americans are starting to feel the effects of economic uncertainty, as sales of luxury homes saw their…
Continue ReadingNetflix green lights ‘Squid Game’ season 2
By Ramishah Maruf, CNN “Squid Game” is officially coming back. Netflix announced Sunday that the wildly popular South Korean show is…
Continue Reading‘He believes in what he’s doing:’ Wife of detained Kremlin critic speaks out
By Ramishah Maruf, CNN Writer Vladimir Kara-Murza is an outspoken critic of Vladimir Putin. He has made numerous television appearances, including…
Continue Reading‘Jurassic World: Dominion’ roars to big opening weekend at the box office
By Frank Pallotta, CNN Business The end of the Jurassic era arrived with a deafening roar at the box office. “Jurassic World: Dominion,”…
Continue ReadingStocks are falling and prices are skyrocketing. Here’s how to protect your money
By Jeanne Sahadi, CNN Business Anyone expecting inflation to have peaked by now got a rude surprise last week. The latest inflation report showed…
Continue ReadingConfused about the economy? Here’s what you need to know
By Allison Morrow, CNN Business Cardi B is asking the million-dollar question (Or the 20-trillion-dollar question, more precisely). “When…
Continue ReadingAnother big Fed rate hike is coming. But how many more after that?
By Paul R. La Monica, CNN Business The Federal Reserve is widely expected to raise interest rates by a half of a percentage point for the second…
Continue ReadingUS consumers contend with double-digit price increases at the grocery store
by Chiara Grimes Americans are facing grocery store price hikes at levels not seen since the inflation-soaked 1970s, with double-digit increases on…
Continue ReadingGoing to space left William Shatner ‘weeping’ with grief
By Jackie Wattles, CNN Business William Shatner — the 90-year-old actor, presenter, spoken word poet, author, and, more recently, the oldest person…
Continue ReadingUber’s lost and found report includes tater tots, teeth and slime
By Emmy Abbassi, CNN Uber has released a list of items that passengers left behind in cars and it includes some truly bizarre things, like tater tots…
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