Wind and solar are propping up the Texas power grid amid a brutally long heat wave
By Ella Nilsen, CNN (CNN) — As Texas bakes under a sweltering heat dome this summer and people crank their air conditioners, the state’s…
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Tupperware shares are up 140% this week as meme stock mania takes hold
CNN By Nicole Goodkind, CNN Business New York (CNN) — The meme traders are back. Shares of Tupperware (TUP) have exploded by about 140% this…
Continue ReadingTupperware shares are up 165% this week as meme stock mania takes hold
By Nicole Goodkind, CNN New York (CNN) — The meme traders are back. Shares of Tupperware (TUP) have exploded by about 165% this week and more…
Continue ReadingAdidas clearing out more Yeezy shoes in second wave
By Parija Kavilanz, CNN New York (CNN) — Adidas is releasing a second wave of Yeezy shoes into the market as it moves to clear out the…
Continue ReadingWorld Cup helped Qatar Airways score a $1.2 billion profit
By Eva Rothenberg, CNN (CNN) — International airlines have reported significant profits this year, boosted by strong demand for leisure travel…
Continue ReadingAmericans continue to feel better about inflation and the economy
By Bryan Mena, CNN Washington, DC (CNN) — US consumers have been feeling a whole lot better this summer as inflation has continued to slow.…
Continue ReadingUS paychecks aren’t growing as quickly. That’s good for the Fed — but not for workers
By Bryan Mena, CNN Washington, DC (CNN) — US wage gains cooled in the second quarter, showing some easing of inflationary pressures, according…
Continue ReadingWage growth cools in a positive sign for the Fed
CNN By Bryan Mena, CNN Washington, DC (CNN) — Wages gains cooled in the second quarter, showing some easing of inflationary pressures,…
Continue ReadingThe Fed’s favorite inflation measure cooled down even further in June
By Alicia Wallace, CNN Minneapolis (CNN) — Another key economic report further propped up the idea that a soft landing is not only possible,…
Continue ReadingExxonMobil earnings fell on sinking oil prices
By Chris Isidore, CNN New York (CNN) — ExxonMobil’s profit fell sharply in the second quarter on lower oil and natural gas prices, leaving…
Continue ReadingEurope’s recession may already be over
By Mark Thompson, CNN (CNN) — Solid economic growth in France and Spain, and a very modest recovery in Germany could be enough to confirm that…
Continue ReadingJapan sends yen soaring and stocks tumbling with hint it could join rate-hiking party
By Laura He, CNN (CNN) — Japan’s central bank kept interest rates unchanged Friday despite rising inflation but hinted that it could…
Continue ReadingBollywood film ‘Bawaal’ accused of trivializing Holocaust and demeaning victims
By Rhea Mogul, CNN New Delhi (CNN) — A Bollywood film has been accused of trivializing the murder of millions during the Holocaust with…
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‘Barbenheimer’ is stimulating the economy
By Matt Egan, CNN New York (CNN Business) — “Barbie” and “Oppenheimer” have been such blockbuster movies that their impact appears to…
Continue ReadingOreo maker increases growth forecast thanks to demand for cookies, sweets
By Ramishah Maruf, CNN New York (CNN) — The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the…
Continue ReadingChick-fil-A wants to send your drive-thru chicken on a conveyor belt and down a chute
By Danielle Wiener-Bronner, CNN New York (CNN) — Chick-fil-A is testing out two new restaurant concepts — a four-lane drive thru with a…
Continue ReadingNewly unveiled banking regulation wouldn’t have prevented this year’s US bank failures
By Elisabeth Buchwald, CNN New York (CNN) — US bank regulators advanced proposals on Thursday aimed at safeguarding the nation’s largest…
Continue ReadingBillionaire investor Leon Black is accused of raping teen in Jeffrey Epstein’s NY townhouse
By Allison Morrow, CNN New York (CNN) — A woman is suing the billionaire investor Leon Black, accusing him of raping her at Jeffrey Epstein’s…
Continue ReadingFord’s EV losses climb but overall profits rise
By Chris Isidore, CNN New York (CNN) — Losses are going up on Ford’s electric vehicle business, but profit from its traditional internal…
Continue ReadingEast Palestine train derailment has now cost Norfolk Southern $1 billion
By Chris Isidore, CNN New York (CNN) — The costs to Norfolk Southern from the February derailment in East Palestine, Ohio, are now approaching…
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