The Fed may have changed markets forever
By Nicole Goodkind, CNN Business It’s safe to say that the global economy is in a pretty bad place right now: The vast majority of economists…
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GM earnings soar on improved supply chain issues
By Chris Isidore, CNN Business General Motors says its supply chain issues are improving. That allowed the company to post better-than-expected…
Continue ReadingAmerica’s top bankers are more worried about the state of the world than recession
By Hanna Ziady, CNN Business Some of the top names on Wall Street think a US recession is now likely, if not inevitable. But they have bigger worries…
Continue ReadingAdidas terminates partnership with Kanye West
By Jordan Valinsky, CNN Business Adidas has ended its partnership with Ye, also known as Kanye West, with “immediate effect.” In a…
Continue ReadingDove, Nexxus and other dry shampoos recalled for cancer-causing chemical
By Nathaniel Meyersohn, CNN Business Unilever has recalled certain Dove, Nexxus, Suave, TIGI and TRESemmé aerosol dry shampoos because of the…
Continue ReadingChina’s yuan tumbles amid fears about Xi’s third term
By Laura He, CNN Business China’s yuan tumbled on Tuesday to its lowest level in nearly 15 years on Tuesday as investors fled Chinese assets…
Continue ReadingAdidas is on the hot seat to cut ties with Kanye West
By Jon Sarlin, CNN Business “I can say antisemitic s*** and Adidas cannot drop me,” Kanye West said during his now infamous tirade…
Continue ReadingMortgage rates expected to fall to 5.4% by late 2023, banking group projects
By Anna Bahney, CNN Business After more than doubling this year, mortgage rates are expected to retreat in 2023, according to an updated forecast…
Continue ReadingProtesters interrupt Ted Cruz’s interview on ‘The View’
By Frank Pallotta, CNN Business Sen. Ted Cruz’s “The View” interview was disrupted by protesters multiple times on Monday,…
Continue ReadingArshad Sharif, prominent journalist who fled Pakistan, killed in shooting in Kenya
By Sophia Saifi, Bethlehem Feleke and Irene Nasser, CNN Arshad Sharif, a prominent Pakistani journalist who fled the country after he was charged…
Continue ReadingOctober surprise? Stocks continue to sizzle this month
By Paul R. La Monica, CNN Business October may be famous for historically horrifying stock market crashes like the ones in 1929, 1987 and 2008. But…
Continue ReadingThe risk of an accidental recession is rising, Goldman Sachs says
By Matt Egan, CNN Business Goldman Sachs is urging the Federal Reserve to be patient in its quest to squash inflation. Even though inflation remains…
Continue ReadingKraft Heinz CEO: Inflation and supply shortages are here to stay for a while
By Christine Romans, CNN Kraft Heinz CEO Miguel Patricio says higher inflation and supply issues are coursing through the food industry, forcing…
Continue ReadingHow this Midwest bank is doing much better than Wall Street giants
By Paul R. La Monica, CNN Business Banks are in a bind. Rising interest rates should be good news for financial firms because they boost…
Continue ReadingAlmost two-thirds of economists think the economy is in or near a recession
By Alicia Wallace, CNN Business Almost two-thirds of corporate economists believe the United States is already in a recession or will be within the…
Continue ReadingPound seesaws as Rishi Sunak prepares to confront UK’s huge economic challenges
By Julia Horowitz, CNN Business Rishi Sunak, Britain’s third prime minister in seven weeks, will face the huge challenge of projecting…
Continue ReadingWhy investors aren’t going green
By Nicole Goodkind, CNN Business ESG investing — evaluating companies using environmental, social and governance factors — was one of the…
Continue ReadingHong Kong stocks plunge 6% as fears about Xi’s third term trump China GDP data
By Laura He, CNN Business Hong Kong stocks had their worst day since the 2008 global financial crisis, just a day after Chinese leader Xi Jinping…
Continue ReadingYour dog can earn $10,000 a year as a pup influencer
By Yenny Sanchez, CNN If you’re one of those people who created a social media page for your dog, then keep reading … Yappy.com, an…
Continue Reading‘Black Adam’ wins a star-powered box office weekend
By Frank Pallotta, CNN Business Who says movie stars no longer matter in Hollywood? Theaters and box offices got a much-needed boost this weekend…
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