Anxious investors are piling into hedge funds
By Julia Horowitz, CNN Business For years, the climate for hedge funds was tough. Volatility was low. The price of everything was going up. It…
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Good news: Freight railroads are not on strike. Bad news: The service is still terrible
By Chris Isidore and Matt McFarland, CNN Business The fact that there is not a freight railroad strike happening this week is a huge win for the US…
Continue Reading Inflation is stubbornly high. Here’s what this bank exec suggests you do
By Michelle Toh, CNN Business People around the world are searching for ways to shield themselves from the impact of stubbornly high inflation, and…
Continue Reading Why the current oil boom for Arab states may be their last
By Nadeen Ebrahim, CNN The oil boom brought about by the Ukraine war has made energy-rich Middle Eastern countries extraordinarily wealthy once…
Continue Reading Why the latest Chrysler 300 is missing a supercharged V8
By Peter Valdes-Dapena, CNN Business As the big Chrysler 300 sedan, with its trademark large square grille, approaches the end of an 18-year…
Continue Reading President Biden says America will get inflation under control. But it won’t be easy
By Alicia Wallace, CNN Business President Joe Biden expressed optimism about the direction of the US economy Sunday, saying America will be able to…
Continue Reading ‘The Woman King’ surprises at the box office
By Frank Pallotta, CNN Business It’s good to be “The Woman King.” The new Sony Pictures Entertainment film starring Viola Davis as…
Continue Reading Stocks close higher ahead of Federal Reserve meeting
By Nicole Goodkind, CNN Business US stocks alternated between slight losses and modest gains Monday before eventually closing higher ahead of the…
Continue Reading Robert Shiller: Fed risks ‘disgrace’ if it doesn’t control inflation
By Julia Horowitz, CNN Business Central banks are faced with the unenviable task of trying to put a lid on decades-high inflation without triggering…
Continue Reading 1 in 5 of China’s urban youth are unemployed. That’s a huge headache for Xi Jinping
By Laura He, CNN Business The future looked promising for Cherry in May last year, when she secured a prestigious internship at a major software…
Continue Reading TikTok’s search engine repeatedly delivers misinformation to its majority-young user base, report says
By Emma Tucker, CNN When a TikTok user searches the social media app for information on top news stories, ranging from Covid-19 vaccines to school…
Continue Reading Google mistakenly sent an engineer almost $250,000
By Zoe Sottile, CNN A man mistakenly received a payment of almost $250,000 from Google — even though he hadn’t done any work for the…
Continue Reading Queen Elizabeth’s funeral marks the end of television dominance that started with her coronation
By David Zurawik, CNN The BBC credits Queen Elizabeth II’s coronation in 1953 as the “event that did more than any other to make…
Continue Reading Nissan recalls more than 200,000 pickup trucks due to rollaway risk
By Ramishah Maruf, CNN Nissan is recalling more than 200,000 pickup trucks due to a risk that the vehicles could roll away while in park. Nissan…
Continue Reading Next up for US unions: Major contracts for 700,000 workers
By Chris Isidore, CNN Business The 11th hour deal that prevented a crippling strike at the nation’s freight railroads is the biggest win for US…
Continue Reading Another big rate hike is coming. Lather. Rinse. Repeat
By Paul R. La Monica, CNN Business The Federal Reserve’s upcoming meeting on Wednesday will be one for the history books. The Fed will either…
Continue Reading Cinemas are screening the Queen’s funeral. Here’s what else is open on Monday
By Anna Cooban, CNN Business Much of Britain came to a standstill on Monday for the funeral of Queen Elizabeth II. The government declared the day an…
Continue Reading Why it’s time to start paying with $2 bills
By Nathaniel Meyersohn, CNN Business Inflation has made it hard to buy much with a buck these days. $1 pizza has disappeared. Dollar stores…
Continue Reading Fried chicken was cheap comfort food for South Koreans. Now a meal can cost $22
By Michelle Toh and Yoonjung Seo, CNN Business Clark Park, a 35-year-old YouTuber, is one of many people in South Korea fed up with high food prices.…
Continue Reading No stamps: Why one NY neighborhood can’t buy them
By Alexandra Peers, CNN Business The labor shortage has reached peak stupid: One post office’s workers couldn’t sell stamps. For the past…
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