Why King Dollar’s huge rally isn’t reason to cheer
By Julia Horowitz, CNN Business The US dollar is rising at a blistering clip, reaching its strongest level against other major currencies in almost…
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Heathrow asks airlines to stop selling summer tickets as it limits daily passengers to 100,000
By Livvy Doherty, CNN Business Heathrow Airport is asking airlines to stop selling any more tickets for travel this summer, as it announces a cap on…
Continue ReadingPeloton will stop making its own bikes
By Jordan Valinsky, CNN Business Peloton will stop making its own bikes and treadmills, a drastic change for the struggling company aimed at cutting…
Continue ReadingChina tries to stem growing anger over frozen bank deposits
By Laura He, CNN Business Chinese authorities will start refunding bank customers whose accounts have been frozen for months, following some of the…
Continue ReadingThe euro and the US dollar are at parity for the first time in 20 years
By Nicole Goodkind, CNN Business For the first time in 20 years, the exchange rate between the euro and the US dollar has reached parity —…
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Higher cemetery rates proposed Monday to Colorado Springs City Council
COLORADO SPRINGS, Colo. (KRDO) — The city’s Department of Parks, Recreation and Cultural Services is proposing to raise costs for a variety of…
Continue ReadingFirst on CNN: BTS is coming to Disney in a major streaming deal
By Michelle Toh, CNN Business Disney is bringing BTS to its streaming services, adding the world’s biggest band to its roster of digital stars.…
Continue ReadingTwitter’s legal team calls Elon Musk’s attempt to exit acquisition deal ‘invalid and wrongful’
By Clare Duffy, CNN Business Elon Musk wants to cancel his deal to buy Twitter, but the social media company is having none of it. On Friday, Musk…
Continue ReadingThousands of leaked Uber documents show extreme steps company allegedly took to expand aggressively
By Brian Fung, CNN Business Hundreds of thousands of leaked Uber documents obtained by The Guardian and shared with a consortium of news outlets show…
Continue ReadingThousands of leaked Uber documents show extreme steps company allegedly took to expand aggressively
By Brian Fung, CNN Business Hundreds of thousands of leaked Uber documents obtained by The Guardian and shared with a consortium of news outlets show…
Continue ReadingConsumers’ inflation expectations hit record high
By Lucy Bayly, CNN Business Consumer expectations for prices to continue rising over the next year increased to the highest level on record,…
Continue ReadingA crucial Russian gas pipeline has been shut for repairs. Will it ever reopen?
By Julia Horowitz, CNN Business Since the West hit Russia with bruising sanctions following its invasion of Ukraine, a frightening question has…
Continue ReadingOpinion: The US can still avoid a recession. Here’s how
Opinion by Joseph H. Davis for CNN Business Perspectives The United States economy is in jeopardy. Higher prices for essentials like food and energy…
Continue ReadingHow to get free fries at McDonald’s and Wendy’s this week
By Jordan Valinsky, CNN Business McDonald’s and Wendy’s are both giving away free fries this week. On Wednesday, in celebration of the…
Continue ReadingThe euro and the dollar are under half a penny away from parity for the first time in 20 years
By Nicole Goodkind, CNN Business For the first time in 20 years, the exchange rate between the euro and the US dollar is nearly the same — the…
Continue ReadingThis is what doomed Elon Musk’s Twitter deal
By Julia Horowitz, CNN Business When Elon Musk announced his intention to buy Twitter almost 90 days ago, the world — and financial markets —…
Continue ReadingTrump’s SPAC surges after Elon Musk tries to get out of Twitter deal
By Jordan Valinsky, CNN Business Bad news for Twitter could turn out to be good news for former President Donald Trump. Shares of Digital World…
Continue ReadingElon Musk hits back at Twitter’s court threat in the most Elon Musk way possible
By Chris Isidore, CNN Business Elon Musk mocked Twitter’s efforts to force him to purchase the company — in a tweet, of course. Early…
Continue ReadingCovid fears and new tech crackdown hit Chinese stocks and Macao casinos
By Laura He, CNN Business Chinese stocks fell on Monday as the threat of new Covid restrictions and a renewed regulatory offensive against big tech…
Continue ReadingChina crushes mass protest by bank depositors demanding their life savings back
By Nectar Gan, CNN Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their…
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