The ‘everything rally’ is now the ‘everything sell-off’
By Julia Horowitz, CNN Business As the recovery from the pandemic took off last year, everything investors touched turned to gold. The US stock…
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Elizabeth Warren is ‘just plain wrong’ to blame corporations for high inflation, Chamber of Commerce CEO says
By Matt Egan, CNN Business US Chamber of Commerce CEO Suzanne Clark is pushing back against Senator Elizabeth Warren and others who blame high…
Continue Reading Peloton is burning through cash and borrowing from Wall Street to stay afloat
By Jordan Valinsky, CNN Business Peloton’s turnaround plan can’t happen fast enough: The at-home fitness company continues to lose money…
Continue Reading Two Russian journalists appear to defy Putin, slamming the war in Ukraine
By Henry Klapper, CNN Two Russian reporters appeared to post at least 30 articles on Monday that criticized President Vladimir Putin’s invasion…
Continue Reading Gas prices jump to fresh record highs
By Matt Egan, CNN Business In another blow to the US economy, prices at the pump soared to fresh record highs. The national average price for regular…
Continue Reading Pulitzer Prize judges looked beyond national newsrooms for journalism’s top prizes
By Brian Stelter, CNN Business The judges of the Pulitzer Prizes looked well beyond America’s national newsrooms as they recognized some of the…
Continue Reading How to beat inflation: Buy what you know — and what you eat
By Paul R. La Monica, CNN Business The stock market is a mess right now, but here’s some Wall Street wisdom for these tough times: Eat, drink…
Continue Reading Volkswagen has already sold out of electric cars in key markets this year
By Anna Cooban, CNN Business Volkswagen Group, the leading global competitor to Tesla, has sold out of electric cars in the United States and Europe…
Continue Reading Gas prices race back near record highs, but oil tumbles
By Matt Egan, CNN Business Prices at the pump are once again flirting with record highs. That’s adding to inflationary headaches for families,…
Continue Reading Bitcoin tumbles more than 50% below its all-time high as crypto plunges again
By Paul R. La Monica, CNN Business So much for bitcoin being digital gold. The world’s most valuable cryptocurrency was down 10% Monday after…
Continue Reading Opinion: The housing market is about to finally cool off
Opinion by Jeff Tucker for CNN Business Perspectives After 14 straight months of year-over-year home price growth reaching into the double digits,…
Continue Reading Making money on crypto? Yes, the IRS expects a cut
By Jeanne Sahadi, CNN Business A lot is changing fast in the world of crypto, including the tax rules. As with most investments there will be taxes…
Continue Reading Rivian’s stock plunges on report that Ford is selling shares
By Chris Isidore, CNN Business Rivian’s stock plunged 13% Monday as early investors jumped at their first opportunity to sell their shares —…
Continue Reading Travel stocks are hot. But it’s not all smooth sailing
By Julia Horowitz, CNN Business Summer 2022 will be huge for travel, as people in the United States and Europe dig out their swimsuits and happily…
Continue Reading Dow tumbles again as tech wreck continues, S&P hits 52-week low
By Nicole Goodkind, CNN Business US stocks fell sharply on Monday, pushing the S&P 500 below 4000 for the first time in over a year as traders…
Continue Reading Foreign business urges China to change course on Covid
By Laura He, CNN Business Groups representing Western businesses in China are urging Beijing to relax its approach to Covid, saying harsh lockdowns…
Continue Reading New York Times drops ‘fetus’ as Wordle solution to keep game ‘distinct from the news’
By Amy Woodyatt, CNN Business The New York Times has removed the word “fetus” from its Wordle answers in a bid to keep the popular online…
Continue Reading Boeing is losing the plane race. So it packed up and left for Washington
By Chris Isidore, CNN Business Boeing is moving its headquarters from Chicago to a suburb of Washington, DC. But some analysts think this move is one…
Continue Reading China faces ‘complex and grave’ job market, warns Premier Li
By Laura He, CNN Business One of China’s top leaders has painted a grim picture of the job market in the world’s most populous nation, as…
Continue Reading Mining Capital Coin CEO indicted for allegedly running a cryptocurrency pyramid scheme
By Ramishah Maruf, CNN Business The Justice Department indicted Mining Capital Coin CEO Luiz Capuci Jr. for “allegedly orchestrating a $62…
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