Money Archives

A shopper walks through a grocery store in Washington

This key measure of inflation climbed at the fastest pace since 1982 last month

February 25, 2022 6:37 AM CNN Newssource

By Anneken Tappe, CNN Business Yet another key measure of inflation ticked higher at the start of the year, rising at its fastest pace in nearly 40…

Production of fermented milk products at the Danone dairy production plant in the town of Chekhov.

These companies have the most to lose from Russia’s attack on Ukraine

February 25, 2022 5:50 AM CNN Newssource

By Jordan Valinsky, CNN Business International companies that hold a major presence in Russia are bracing for more sanctions from Western countries.…

Russia and Ukraine together account for about a third of global wheat supply.

China lifts restrictions on Russian wheat imports

February 25, 2022 5:29 AM CNN Newssource

By Laura He, CNN Business China has relaxed restrictions on imports of Russian wheat, a move that could address food security concerns in the…

The well service crew on a workover rig uses power tongs to reconnect the sections of tubing on an oil well. Russia's invasion of Ukraine has sent oil futures above $100 a barrel for the first time since 2014 and will probably bring $4-a-gallon gasoline to much of the United States.

$100 oil won’t derail the US economy

February 25, 2022 4:35 AM CNN Newssource

By Chris Isidore, CNN Business Russia’s invasion of Ukraine has sent oil futures above $100 a barrel for the first time since 2014 and will…

The British Airways livery on the tail fins of passenger aircraft at Heathrow Airport in London

British Airways cancels Moscow flights as Russia retaliates over Aeroflot ban

February 25, 2022 4:26 AM CNN Newssource

By Mark Thompson, CNN Business British Airways has suspended its flights to Moscow after Russia banned all UK carriers from its airspace.…

Protesters demand that Russia be banned from the SWIFT system during a rally for Ukraine at the White House. This system facilitates international interbank transactions

The West could still kick Russia out of SWIFT as the ‘last resort’

February 25, 2022 3:32 AM CNN Newssource

By Charles Riley, CNN Business The West has announced a barrage of tough new sanctions aimed at cutting off Russia’s banks from the global…

Japanese Prime Minister Fumio Kishida speaks at a news conference on February 25

The list of global sanctions on Russia for the war in Ukraine

February 25, 2022 12:21 AM CNN Newssource

By Michelle Toh, Junko Ogura, Hira Humayun, Isaac Yee, Eric Cheung, Sam Fossum and Ramishah Maruf, CNN Countries around the world are imposing fresh…

Passengers are checking their mobile phones inside a building of the railway station after arriving on a train from Kiev in Ukraine to Przemysl

Tips for navigating social media ‘fog of war’ as Russia invades Ukraine

February 24, 2022 9:58 PM CNN Newssource

By Brian Stelter and Clare Duffy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can…

A customer pumps gas into his vehicle at a Shell station in 2021 in Miami.

Big Oil CEO responds to Biden: We would never ‘take advantage of’ war in Ukraine

February 24, 2022 6:20 PM CNN Newssource

By Matt Egan, CNN American Petroleum Institute CEO Mike Sommers insisted on Thursday that US oil companies would not seek to capitalize on…

NHTSA has received 278 complaints of sudden braking for no reason in Accords and CR-Vs

Random braking in Honda Accord and CR-V under investigation

February 24, 2022 2:12 PM CNN Newssource

By Peter Valdes-Dapena, CNN Business The National Highway Traffic Safety Administration is investigating popular Honda Accord sedans and CR-V SUVs…

Digital currencies operate outside the realm of standard global banking

Financial sanctions are easier than ever for Russians to evade. Thank Bitcoin

February 24, 2022 1:39 PM CNN Newssource

By Allison Morrow, CNN Business The West’s initial salvo of financial sanctions against Russia failed to deter President Vladimir Putin from…

Elizabeth Coco's son Thomas is dependent on Elecare for his nutritional needs.

Parents are desperate after baby formula recall wipes out supply

February 24, 2022 11:43 AM CNN Newssource

By Parija Kavilanz, CNN Business It’s a nightmare no parent ever wants to endure. Families all over the country are in a race against the clock…

Gas prices were rising rapidly even before Russia's invasion of Ukraine

Oil tops $100: When will you see $4 a gallon gas in your state?

February 24, 2022 11:42 AM CNN Newssource

By Chris Isidore, CNN Business Gas prices were rising rapidly even before Russia’s invasion of Ukraine, but with the current shock to the oil…

TV news provides raw, on-the-ground view as Russia attacks Ukraine

February 24, 2022 11:23 AM CNN Newssource

By Oliver Darcy, CNN Business The bombs in the Ukrainian capital went off as CNN was broadcasting live on-air. “There are big explosions taking…

A "For Sale" sign outside a home in Nashville

Mortgage rates take a break, falling for the first time in weeks

February 24, 2022 10:51 AM CNN Newssource

By Anna Bahney After weeks of increases that pushed mortgage rates close to 4%, the climb took a break last week. The 30-year fixed-rate mortgage…

A customer shops for pasta at a Sainsbury's supermarket in Walthamstow

Russia’s attack on Ukraine means these prices are going even higher

February 24, 2022 10:43 AM CNN Newssource

By Julia Horowitz, CNN Business Russian President Vladimir Putin’s decision to invade Ukraine could drive prices even higher at a moment when…

Google is relaxing Covid-19 policies at its headquarters and other offices in the San Francisco Bay Area and bringing back some of its famous office perks as it fully opens some of its facilities.

Google restores pre-pandemic perks and lifts mask mandates in Bay Area offices

February 24, 2022 8:10 AM CNN Newssource

By Brian Fung, CNN Google is relaxing Covid-19 policies at its headquarters and other offices in the San Francisco Bay Area and bringing back some of…

The tanker Sun Arrows loads its cargo of liquefied natural gas from the Sakhalin-2 project in the port of Prigorodnoye

How Exxon, BP and Shell help Russia pump oil and gas

February 24, 2022 7:30 AM CNN Newssource

By Mark Thompson, CNN Business The West is promising “massive” sanctions on Moscow in response to Russia’s invasion of Ukraine.…

A "Now Hiring" sign outside a restaurant in Huntington Park

This key unemployment measure hasn’t been this low since 1970

February 24, 2022 7:17 AM CNN Newssource

By Anneken Tappe, CNN Business America’s jobs recovery didn’t lose steam in the new year with a key measure of jobless claims dropping to…

Consumers shop at a retail store in Vernon Hills

The recovery was stronger than we thought last year. Here’s why it didn’t feel that way

February 24, 2022 6:40 AM CNN Newssource

By Anneken Tappe, CNN Business The economic recovery was stronger than initially thought in the fourth quarter of last year, new data from the…

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