Peloton is testing a new rental model
By Jordan Valinsky, CNN Business Peloton is testing a new rental model, marking the fitness company’s first significant strategy change under…
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Fool’s gold or safe haven? War puts bitcoin to the test
By Julia Horowitz, CNN Business Advocates of bitcoin have long claimed that the cryptocurrency has much in common with gold. They envision a world in…
Continue ReadingKey inflation measure jumps to highest level since January 1982
By Anneken Tappe, CNN Business Prices kept rising last month in America, pushing a key inflation measure to a level not seen since January 1982. The…
Continue ReadingAn election in India’s most populous state pits Covid-19 anger against Hindu nationalism
By Rhea Mogul, Vedika Sud, Arpit Goel and Vijay Bedi, CNN Ritesh Mishra vowed to care for the dead, even if it meant risking his own life last year…
Continue ReadingAnalysis: Russia and QAnon have the same false conspiracy theory about Ukraine
By Donie O’Sullivan, CNN Business A new conspiracy theory has become popular among some of the online communities that formed around QAnon…
Continue ReadingAmazon’s stock is about to get much, much cheaper
By David Goldman, CNN Business Amazon shares are about to get 20 times less expensive. The company announced Wednesday its board approved a 20-for-1…
Continue Reading‘Obi-Wan Kenobi’ trailer brings Star Wars’ iconic Jedi to Disney+
By Frank Pallotta, CNN Business “Hello there.” That’s what Star Wars fans were saying about the first look at Disney+’s…
Continue ReadingDisney CEO says he will meet with Ron DeSantis to oppose ‘Don’t Say Gay’ bill
By Frank Pallotta, CNN Business Bob Chapek, Disney’s CEO, was criticized Monday for speaking out about — but not directly condemning —…
Continue ReadingWarnerMedia and Discovery join the stampede of businesses leaving Russia
By Brian Stelter, CNN Business Major media companies continue to join the exodus from Russia, with Discovery and WarnerMedia making announcements on…
Continue ReadingFor big American banks, Powell matters more than Putin
By Paul R. La Monica, CNN Business American and European businesses are rapidly distancing themselves from Russia in the wake of its invasion of…
Continue ReadingFirst sign of oil price relief: UAE says it wants OPEC to increase production
By David Goldman and Becky Anderson, CNN Business The oil market has been stretched incredibly thin, with few producers willing — or able — to…
Continue ReadingVolkswagen’s bus is finally back. And now it’s electric
By Peter Valdes-Dapena, CNN Business It’s been promised for years. Now it’s finally here. Volkswagen has unveiled the production version…
Continue ReadingCharles Entenmann, builder of the baked goods empire, has died
By Jordan Valinsky, CNN Business Charles Entenmann, who helped to turn his family’s bakery into a baked goods behemoth, died recently,…
Continue ReadingAs home values soar, the wealth gap grows
By Anna Bahney, CNN Business Homeowners saw massive increases in wealth over the past decade, but most of the gains went to the wealthiest US…
Continue ReadingDisney shows off its post-Iger politics
By Frank Pallotta, CNN Business Disney’s CEO transition from Bob Iger to Bob Chapek marked a shift from an outspoken, famous CEO with political…
Continue ReadingWhy this tax season is extra frustrating
By Jeanne Sahadi, CNN Business Confusion. Amnesia. New paperwork. Delays getting through to the IRS. These are some of the top pandemic-induced…
Continue ReadingNo end to the worker shortage: America had 11.3 million jobs available in January
By Anneken Tappe, CNN Business America’s worker shortage is far from over: In January, the nation had 11.3 million jobs to fill and not enough…
Continue ReadingThe world may be facing one of the largest energy shocks ever, Goldman Sachs says
By Matt Egan, CNN Business Russia’s invasion of Ukraine and the West’s crackdown on Moscow has left the world economy exposed to an epic…
Continue ReadingDow jumps more than 650 points as stocks end four-day losing streak
By Paul R. La Monica, CNN Business Stocks surged Wednesday, snapping a four-day losing streak, as investors celebrated a drop in crude oil prices.…
Continue ReadingSoaring gas prices are hurting Americans. It’s time for more stimulus checks
Opinion by Mark Wolfe for CNN Business Perspectives Rising inflation is hitting all sectors of the economy. The overall rate of inflation on an…
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