How low can they go? These stock analysts are issuing $0 and $1 price targets
By Paul R. La Monica, CNN Business Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don’t often…
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Inflation is crushing wedding budgets and guests are getting cut
Martha C. White for CNN Business The pandemic lockdowns might be in the rearview mirror, but rising inflation has ushered in the return of…
Continue ReadingNew home sales fall 12.6% in July as rising prices take a toll
By Anna Bahney, CNN Business New home sales plunged in July as high prices and mortgage rates pushed buyers to think twice about closing the deal.…
Continue ReadingWhat the Twitter whistleblower could mean for Elon Musk’s takeover deal
By Clare Duffy, CNN Business Elon Musk’s monthslong effort to buy — and then to get out of buying — Twitter has been marked by a range of…
Continue ReadingGas prices drop 70 days in a row in the second-longest streak since 2005
By Matt Egan, CNN Business Drivers have something to smile about: A historic drop in gasoline prices. The national average for a gallon of regular…
Continue ReadingZoom gets slammed: Stock plunges on weak outlook
By Paul R. La Monica, CNN Business The pandemic lift for Zoom has gone poof. Shares of the video conferencing company plunged more than 15% Tuesday…
Continue ReadingTurmoil in the natural gas market spells trouble ahead
By Julia Horowitz, CNN Business The outlook for inflation and the global economy hinges in large part on where energy prices head next — which…
Continue ReadingEx-Twitter exec blows the whistle, alleging reckless and negligent cybersecurity policies
By Donie O’Sullivan, Clare Duffy and Brian Fung, CNN Business Video by John General, Zach Wasser and Logan Whiteside, CNN Business Portraits by…
Continue ReadingElon Musk is planning a subtle change to Twitter that could make it harder to stop the bots
By Rachel Metz, CNN Business Elon Musk has been saying for months that he wants to stamp out spam and fake accounts on Twitter, but a subtle change…
Continue ReadingMeet the former Twitter exec blowing the whistle on the company
By Sean Lyngaas, CNN Business Nearly 25 years ago, a young computer programmer named Peiter “Mudge” Zatko told Congress that the internet…
Continue ReadingChina turns back to coal as record heatwave causes power shortages
By Laura He, CNN Business China is mining and importing more coal as its worst heatwave and drought in six decades hits hydroelectricity, the…
Continue ReadingMore than 1,300 US flights canceled nationwide, Dallas airports hard hit due to storms
By Ross Levitt, CNN More than 1,300 US flights have been canceled as of Monday night and more than 7,400 flights have been delayed, according to the…
Continue ReadingQuiet quitting is the latest workplace trend, but it doesn’t mean what you think
By Megan Marples, CNN Years of long hours, understaffed companies and burned-out employees have all led to the latest TikTok trend: quiet quitting.…
Continue ReadingElon Musk subpoenas former Twitter CEO Jack Dorsey as legal battle heats up
By Catherine Thorbecke, CNN Business Elon Musk has subpoenaed former Twitter CEO Jack Dorsey as part of his effort to fight a lawsuit from the…
Continue ReadingTesla raises price of feature it calls ‘full self-driving’ to $15,000
By Matt McFarland, CNN Business Tesla is raising the price of its controversial driver-assist feature it calls “full self-driving” to…
Continue ReadingFord cutting 3,000 corporate jobs as part of its shift to EVs
By Chris Isidore, CNN Business Ford is cutting 3,000 white collar jobs as it prepares to shift from traditional internal combustion engine vehicles…
Continue ReadingTwitter warns employees that their bonuses could be halved this year
By Catherine Thorbecke, CNN Business Twitter is warning employees that their bonuses might be half of what was originally expected at the start of…
Continue ReadingBed Bath & Beyond shares tank on reports that suppliers have halted product shipments
By Parija Kavilanz, CNN Business Shareholders are pulling the rug out from under Bed Bath & Beyond. The embattled retailer’s stock dropped…
Continue ReadingFord hit with $1.7 billion verdict for F-series pickup roof collapse that killed couple
By Chris Isidore, CNN Business The family of an elderly couple killed when the roof of their F-250 pickup collapsed during a rollover accident in…
Continue ReadingStocks tumble on fears of another big Fed rate hike
By Paul R. La Monica, CNN Business So much for hopes that the Federal Reserve will tap the brakes on its aggressive interest rate hikes. Stocks…
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