Get ready for bigger paychecks: Record high increases expected in 2023
By Jeanne Sahadi, CNN Business Employers are planning to increase their salary budgets by 4.6% next year, the highest expected annual jump in 15…
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Parents are buying fewer baby clothes, a sign of deep financial distress
By Parija Kavilanz, CNN Business Customers are pulling back on spending at Gap and Old Navy — particularly in one specific category that shows just…
Continue Reading Former SpaceX employees file labor-law complaint
By Jackie Wattles, CNN Eight former SpaceX employees filed labor-law complaints, alleging that Elon Musk’s space company unlawfully fired…
Continue Reading The crypto meltdown, explained
By Allison Morrow, CNN Business November 2022 is a month that investors, particularly in cryptocurrencies, will never forget. And the worst may be…
Continue Reading IKEA suppliers allegedly used Belarus prisoners under forced labor conditions, report says
By Mia Alberti IKEA furniture was allegedly produced by prisoners in Belarus penal colonies under forced labor conditions, according to a new report…
Continue Reading Taylor Swift: Ticketmaster fiasco ‘excruciating for me’
By Frank Pallotta, CNN Business Taylor Swift spoke out Friday about the ticketing debacle that took place this week, as many fans were unable to…
Continue Reading Elon Musk’s $50 billion trial comes to an end
By Matt McFarland, CNN Business The trial for the Tesla shareholder lawsuit examining CEO Elon Musk’s unprecedented compensation package…
Continue Reading House panel wants internal documents from bankrupt crypto exchange FTX
By Matt Egan A powerful subcommittee in the House of Representatives is seeking internal documents and communications from Sam Bankman-Fried and FTX…
Continue Reading US home sales fall for 9th month in a row in October
By Anna Bahney, CNN Business Home sales in the United States declined for the ninth month in a row in October as surging mortgage rates and high…
Continue Reading What is Bud Zero, the only beer Budweiser can sell at the World Cup?
By Jordan Valinsky, CNN Business In a surprise reversal, Qatar announced a ban of alcoholic beer at the eight stadiums hosting the World Cup. That…
Continue Reading The Bahamas seizes digital assets from bankrupt FTX unit for ‘safekeeping’
By Matt Egan, CNN Business Authorities in the Bahamas have taken control of cryptocurrency assets held by a unit of bankrupt exchange FTX. The…
Continue Reading Fed officials crushed investors’ hopes this week
By Nicole Goodkind, CNN Business Investors sleuthing for clues about what the Federal Reserve will decide during its December policy meeting got…
Continue Reading Explosive traces found at Nord Stream pipeline indicate ‘gross sabotage,’ Sweden says
By Lindsay Isaac and Sophie Tanno, CNN The blasts at the Nord Stream pipeline in September were caused by an act of sabotage, Swedish prosecutors…
Continue Reading Biden meets with business, labor leaders to highlight inflation progress
By Jeremy Diamond and Arlette Saenz, CNN President Joe Biden is meeting with business executives and labor leaders to highlight recent progress in…
Continue Reading India’s first private rocket Vikram-S is launched into space
By Swati Gupta and Diksha Madhok, CNN Business Indian startup Skyroot Aerospace launched the country’s first privately developed rocket,…
Continue Reading Foxconn has recruited 100,000 new workers for largest iPhone factory, state media reports
By Michelle Toh and CNN’s Beijing bureau, CNN Business More than 100,000 people have signed up for a massive recruitment drive by Apple’s…
Continue Reading Inside Twitter as ‘mass exodus’ of staffers throws platform’s future into uncertainty
By Oliver Darcy, CNN Business Death is in the air on Twitter. On the platform Thursday evening, where #RIPTwitter was the top trend worldwide, users…
Continue Reading Tesla’s close-knit leadership team goes under the spotlight in court
By Matt McFarland, CNN Business The Tesla board of directors that created the largest compensation package in history for CEO Elon Musk was stocked…
Continue Reading Freight railroads say strike can still be avoided
By Chris Isidore and Vanessa Yurkevich, CNN Business The trade group representing the nation’s freight railroads is confident that a strike by…
Continue Reading The ’12 Days of Christmas’ gifts will set you back a lot more this year
By Alicia Wallace, CNN Business Thanks to inflation, your “True Love” will have to spend a pretty (expensive) penny when showering you…
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