The US dollar could go digital. Here’s what you need to know
Catherine Thorbecke, CNN Business As technology continues to revolutionize the way people live, work and spend, central banks around the globe have…
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The US dollar could go digital. Here’s what you need to know
Catherine Thorbecke, CNN Business As technology continues to revolutionize the way people live, work and spend, central banks around the globe have…
Continue ReadingDon’t believe these 8 common credit score myths
By Beth Braverman You probably already know that you need a good credit score to get the best interest rates on a mortgage or auto loan, which can…
Continue ReadingPrices just keep rising. It’s time to revive the enhanced child tax credit
Opinion by Elaine Maag for CNN Business Perspectives Over the past several months, consumer prices have risen across the board, especially for basic…
Continue ReadingRussia’s richest businessman tells Putin: Don’t take us back to 1917
By Mark Thompson, CNN Business Russia’s richest businessman has warned the Kremlin against confiscating assets of companies that have fled in…
Continue ReadingRisk of a US recession as high as 35%, Goldman Sachs says
By Julia Horowitz, CNN Business Europe’s reliance on energy from Russia has jacked up the odds that the region could enter a recession this…
Continue ReadingHave you been affected by rising gas prices? Tell us about it.
By Tami Luhby, CNN Business The price of gas has skyrocketed in recent weeks, fueled in part by Russia’s invasion of Ukraine. The hike means…
Continue ReadingFlying on Russian planes is about to get much more dangerous
By Chris Isidore, CNN Business As Russia’s economy gets pummeled by increasingly severe western sanctions for its invasion of Ukraine, the…
Continue ReadingChinese tech stocks plunge after US names companies for potential delisting
By Laura He, CNN Business Popular Chinese tech stocks have plunged after the US regulator named five Chinese companies that could be removed from…
Continue ReadingManhattan rents rise to an all-time high
By Anna Bahney, CNN Business Rents in Manhattan are once again hitting new record highs, after cratering during the pandemic. The median monthly rent…
Continue ReadingStocks sink as inflation worries return
By Paul R. La Monica, CNN Business So much for Wednesday’s big market rally. Stocks slid Thursday after the US government reported a…
Continue ReadingMagic Leap raised billions but its headset flopped. Now it’s trying again
By Rachel Metz, CNN Business In 2018, Magic Leap released an augmented reality headset that could show crisp, three-dimensional images as though they…
Continue ReadingBurger King pulls support from its Russian locations
By Danielle Wiener-Bronner, CNN Business Burger King is the latest fast food chain to pull corporate support from its businesses in Russia.…
Continue ReadingRussia says it could seize assets Western companies leave behind
By Mark Thompson, CNN Business Russia said it could seize the assets of Western companies that have suspended operations in the country. Dozens of…
Continue ReadingRussia owes Western banks $120 billion. They won’t get it back
By Charles Riley, CNN Business Goldman Sachs and JPMorgan Chase are the first major Western banks to get out of Russia following the invasion of…
Continue ReadingRussia’s economy will be ‘devastated’ by sanctions and further sanctions are under consideration, Janet Yellen says
By Matt Egan, CNN Business The United States and its allies are considering additional sanctions to punish Russia for “atrocities”…
Continue ReadingMcDonald’s transformed Russia … now it’s abandoning the country
By Danielle Wiener-Bronner, CNN Business When McDonald’s opened its doors in Moscow for the first time, it was a big deal. It was the dead of…
Continue ReadingAmazon and Alphabet could give the Dow a 21st century facelift
By Paul R. La Monica, CNN Business Amazon and Google owner Alphabet are two of the most dominant companies on Earth. Each is worth more than $1…
Continue ReadingThese business owners survived Covid. Now gas prices are surging
By Alicia Wallace, CNN Business Earth & Sky Floral Designs, located on the Laguna Pueblo reservation in New Mexico, is the only florist for…
Continue ReadingMortgages rates are on the rise again amid inflation fears
By Anna Bahney, CNN Business Mortgage rates are rising again amid fears of soaring inflation. The 30-year fixed-rate mortgage averaged 3.85% in the…
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