Why it’s so hard to buy a home right now
By Anna Bahney, CNN Business Home prices have skyrocketed by nearly 20% over the last year and mortgage rates have risen faster over the past three…
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Opinion: The Fed’s balancing act is about to get a lot harder
Opinion by Mark Zandi for CNN Business Perspectives Ever since Russia invaded Ukraine, oil and other commodity prices have surged and recession risks…
Continue ReadingThis key inflation measure just saw its biggest gain on record
By Anneken Tappe, CNN Business US inflation kept moving higher in March and the Producer Price Index is the latest data point showing the price…
Continue ReadingJPMorgan kicks off earnings season with bad news
By Nicole Goodkind, CNN Business JPMorgan Chase kicked off earnings season Wednesday with some bad news: First-quarter profit fell 42% from a year…
Continue ReadingGermany faces $240 billion hit if Russian gas is cut off
By Anna Cooban, CNN Business Germany would plunge into a deep recession if its supply of Russian natural gas was suddenly shut off, the…
Continue ReadingDelta says hiking fares can help it turn a profit as fuel costs surge
By Chris Isidore, CNN Business Travel is booming, and Delta Air Lines boosted ticket prices. That helped the company weather higher fuel costs in the…
Continue ReadingCan Wall Street and labor unions learn to get along?
By Nicole Goodkind, CNN Business Wall Street and private businesses have funneled millions of dollars into anti-union tactics and lobbying, and…
Continue Reading3 reasons Shanghai’s lockdown matters to the global economy
By Laura He, CNN Business China is struggling to contain an outbreak of Covid-19 in Shanghai despite a 17-day lockdown that is keeping most of its 25…
Continue ReadingiPhone supplier Pegatron suspends production at two factories in China
By Michelle Toh, CNN Business One of Apple’s top suppliers is stopping work at its factories in and around Shanghai as the city of 25 million…
Continue ReadingiPhone supplier Pegatron suspends production at two factories in China
By Michelle Toh, CNN Business One of Apple’s top suppliers is stopping work at its factories in and around Shanghai as the city of 25 million…
Continue ReadingAmazon warehouse injury rate last year was more than twice the rate of other warehouses, study finds
By Sara Ashley O’Brien, CNN Business The rate of serious injuries at Amazon warehouses in the United States is more than twice as high as those…
Continue ReadingA second Amazon union election begins in New York
By Sara Ashley O’Brien, CNN Business After a historic union victory at an Amazon warehouse in New York City earlier this month, a grassroots…
Continue ReadingA shoemaker, a pizza shop and a bakery in Kyiv pivot to serve their country
By Parija Kavilanz, CNN Business In Kyiv, a group of small business owners are busy at work. There’s a war raging around them and they’re…
Continue ReadingApple’s Tim Cook warns of ‘unintended consequences’ in app store antitrust legislation
By Brian Fung, CNN Business Apple CEO Tim Cook blasted regulatory proposals by Congress and in the European Union on Tuesday, arguing that…
Continue ReadingOil races back above $100 a barrel
By Matt Egan, CNN Business Turbulence in the oil market continued on Tuesday, with crude prices soaring back above $100 a barrel on concerns about a…
Continue ReadingYelp joins growing list of companies offering workers help with abortion care
By Allison Morrow, CNN Business Yelp has joined a growing list of companies supporting abortion access for their employees in the face of state laws…
Continue ReadingA last-minute way to reduce your 2021 taxes right up until Tax Day
By Jeanne Sahadi, CNN Business Last year may be history. But there may still be one thing you can do this week to reduce your 2021 tax bill (or…
Continue ReadingNokia and Ericsson halt new business in Russia. Is Huawei next?
By Anna Cooban, CNN Business Nokia has announced its exit from Russia, while rival Ericsson is putting its business there on hold indefinitely,…
Continue Reading‘Stranger Things’ debuts new trailer for its creepy upcoming season
By Frank Pallotta, CNN Business “Stranger Things” is approaching its final run, but it still has some creepy scares left in store.…
Continue Reading‘Recession shock’ is coming, Bank of America warns
By Matt Egan, CNN Business Bank of America is warning that high inflation poses a credible threat to the economic recovery that began just two years…
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