Rate hikes are here: What does that mean for you?
By Matt Egan, CNN Business The Covid era of free money has come to an end. After dropping interest rates to zero in March 2020 to revive the economy,…
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Evergreen container ship runs aground in Chesapeake Bay nearly a year after Suez Canal blockage
By Rebekah Riess, CNN Business The U.S. Coast Guard is working on a plan to safely refloat a 1,095-foot container ship operated by Evergreen Marine…
Continue Reading Fox correspondent Benjamin Hall has left Ukraine after suffering injuries from deadly attack
By Brian Stelter and Oliver Darcy, CNN Business Fox News correspondent Benjamin Hall, who was severely injured while reporting outside Kyiv on…
Continue Reading Russia could lose 30% of its oil output within weeks, IEA warns
By Charles Riley, CNN Business Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest…
Continue Reading Biden demands faster drop in gas prices as oil tumbles
By Matt Egan, CNN Business President Joe Biden is using his bully pulpit to call out the tendency for gasoline prices to go up like a rocket when oil…
Continue Reading Wall Street eyes Fed interest rate hike
By Anneken Tappe, CNN Business The Federal Reserve will likely hike interest rates on Wednesday, marking the end of the ultra-low rate environment…
Continue Reading 4 things Russia could do as default looms
By Julia Horowitz, CNN Business Harsh sanctions against Russia following its invasion of Ukraine are fueling a moment of deep uncertainty for…
Continue Reading Howard Schultz returns to Starbucks as interim CEO
By Danielle Wiener-Bronner, CNN Business Starbucks CEO Kevin Johnson will step down on April 4 after five years at the helm of the company, Starbucks…
Continue Reading Chinese stocks have best day in years as Beijing promises to boost economy
By Laura He, CNN Business Chinese stocks had their best day in years Wednesday as Beijing promised measures to “substantially” boost…
Continue Reading US to detain goods from Chinese sportswear giant Li-Ning over North Korean labor concerns
By Michelle Toh, CNN Business Li-Ning goods will be detained by US authorities after US Customs and Border Protection said an investigation indicated…
Continue Reading Airfares are going up. Blame full planes, not fuel prices
By Chris Isidore, CNN Business Jet fuel prices are soaring along with other fuel costs. So are airfares. Blame the return of passenger demand —…
Continue Reading Sarah Bloom Raskin withdraws herself from consideration to the Federal Reserve Board
By Phil Mattingly and Kaitlan Collins, CNN Sarah Bloom Raskin has withdrawn from consideration to be a nominee for the Federal Reserve Board of…
Continue Reading Netflix adds new Dr. Seuss series, expanding its children’s programming
By Frank Pallotta, CNN Business Winning the hearts and minds of children could be part of the solution to Netflix’s recent growth problems.…
Continue Reading AMC buys surprise stake in a precious metals mine
By Paul R. La Monica, CNN Business Movie theater chain and meme stock favorite AMC has taken several steps of late to diversify beyond its core…
Continue Reading Russian TV journalist who protested Ukraine war on-air turns up in court
By David Goldman, CNN Business A Russian state television journalist who protested the invasion of Ukraine during a live news broadcast was found…
Continue Reading Veteran cameraman and Ukrainian journalist killed near Kyiv while reporting for Fox News
By Oliver Darcy and Brian Stelter, CNN Business A Monday attack on a Fox News crew reporting near the Ukrainian capital of Kyiv left two of the…
Continue Reading When will people get fed up with high prices?
By Anneken Tappe, CNN Business Americans have watched prices for everything from diapers to gas go up over the past year. So far, they have kept…
Continue Reading Shell’s directors face legal action from climate group shareholder
Story by Reuters and Angela Dewan, CNN Environmental lawyers ClientEarth said on Tuesday they were preparing legal action against the directors of…
Continue Reading Britain’s cost of living crisis is pushing millions to the brink
By Anna Cooban, CNN Business Nazmin Begum has a problem: she’s having to pay much more to keep her two children warm and fed as the United…
Continue Reading Key inflation measure hits double digits for February
By Anneken Tappe, CNN Business Prices kept rising in February as another key inflation gauge soared and hit double digits. The US producer price…
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