$2 trillion in savings may not rescue the economy
By Julia Horowitz, CNN Business The CEO of the biggest US bank estimates that Americans are still sitting on $2 trillion in pandemic-era savings that…
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America’s employers keep hiring despite high costs and a potential recession
By Anneken Tappe, CNN Business America’s employers are expected to have added hundreds of thousands of jobs in May, even in the face of high…
Continue ReadingHow Americans can watch the Queen’s Platinum Jubilee
By Anna Cooban, CNN Business Queen Elizabeth II is celebrating 70 years on the throne this weekend with a busy schedule of ceremonies, parades and…
Continue ReadingHow America is coping with inflation: Buy what’s needed, nothing more
By Parija Kavilanz, CNN Business Prices are rising for just about everything, forcing millions of Americans to make increasingly difficult choices.…
Continue ReadingOPEC agrees to pump more oil as Russian output drops
By Mark Thompson, CNN Business OPEC has agreed to pump more crude oil over the next two months as Russian production begins to drop because of…
Continue Reading‘Top Gun: Maverick’ brings back the Taiwan flag after controversy
By Michelle Toh and Wayne Chang, CNN Business “Top Gun: Maverick” is now showing Taiwan’s official flag after an outcry, putting…
Continue ReadingFormer OpenSea employee hit with first insider trading charges related to NFTs
By Catherine Thorbecke, CNN Business A former employee at digital marketplace OpenSea has been hit with the first-ever charges related to an alleged…
Continue ReadingThe new Chevrolet Bolt will be the cheapest electric vehicle in the US
By Matt McFarland, CNN Business General Motors announced Wednesday that it’s cut the price of the most affordable Chevrolet Bolt to $26,595,…
Continue ReadingSheryl Sandberg’s complicated legacy at Facebook
Catherine Thorbecke, CNN Business For much of her first decade at Facebook, Sheryl Sandberg’s public stature grew alongside the size and…
Continue ReadingSheryl Sandberg to step down as COO of Facebook-parent Meta
By Brian Fung and Rishi Iyengar, CNN Business Sheryl Sandberg is stepping down as chief operating officer of Facebook-parent Meta, the company…
Continue ReadingJohn Madden appears on first ‘Madden’ cover since 2000 in tribute to late coach
By Frank Pallotta, CNN Business The cover of “Madden” has always held a special place in the world of video games and sports, but this…
Continue ReadingReport: Sales of internal combustion vehicles now in “permanent decline”
By Peter Valdes-Dapena, CNN Business Sales of non-plug-in internal combustion-powered vehicles peaked in 2017, according to a report by industry…
Continue ReadingInflation worries are real but this isn’t the 1970s
By Paul R. La Monica, CNN Business Inflation jitters are at a fever pitch, and some investing experts and economists are making comparisons to the…
Continue ReadingBrace yourselves for an economic ‘hurricane,’ Jamie Dimon says
By Paul R. La Monica, CNN Business Jamie Dimon is no meteorologist, but the JPMorgan Chase CEO is predicting an economic “hurricane”…
Continue Reading‘Ellen’ is over. Who will be the next queen of daytime TV?
By Frank Pallotta, CNN Business Ellen DeGeneres left her longtime talk show last week with tears in her eyes, a lineup of special guests and a huge…
Continue ReadingCalifornia drought could cut state’s hydropower in half this summer
by Matt Egan, CNN The severe drought in California threatens to significantly undermine the state’s ability to generate hydroelectric power,…
Continue ReadingInstagram launches Amber Alerts to notify users of missing children in their area
By Catherine Thorbecke, CNN Business Instagram on Wednesday began rolling out an Amber Alert feature on its platform to notify users of missing…
Continue ReadingThe next holy grail for EVs: Batteries free of nickel and cobalt
By Matt McFarland, CNN Business Twenty-one years ago, Bart Riley and co-founders bet their short-lived company, A123 Systems, on batteries free of…
Continue ReadingElon Musk tells Tesla employees: Return to the office, or else
By Chris Isidore, CNN Business Elon Musk is demanding that Tesla office workers return to in-person work or leave the company. The policy, disclosed…
Continue ReadingOpinion: How streaming can avoid the same fate as cable TV
Opinion by Bill Carter for CNN Business Perspectives Streaming networks were the center of attention last month when the television industry — or,…
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