Inflation is so hot the Fed may have to hike interest rates like it’s 1994
By Matt Egan, CNN Business Inflation is so hot that Wall Street banks are falling over each other to predict the dramatic moves the Federal Reserve…
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Instacart slashes its valuation to $24 billion
By Sara Ashley O’Brien, CNN Business Instacart’s valuation doubled twice to $39 billion in the first year of the public health crisis,…
Continue ReadingEU officials agree on sweeping new rules targeting Big Tech
By Brian Fung, CNN European officials have reached agreement on a sweeping set of competition rules for Big Tech that could mark a global turning…
Continue ReadingWhite House and EU reach agreement on trans-Atlantic data sharing
By Brian Fung, CNN The White House has hammered out a new agreement with the EU that could again allow businesses to transfer data and personal…
Continue ReadingWhite House and EU reach agreement on trans-Atlantic data sharing
By Brian Fung, CNN The White House has hammered out a new agreement with the EU that could again allow businesses to transfer data and personal…
Continue ReadingUS consumer sentiment fell again amid rising rates, war and inflation
By Alicia Wallace, CNN Business Consumer sentiment slumped again in March, hitting its lowest level since August 2011, the University of Michigan…
Continue ReadingEurope can’t live without Russian gas. Can this tiny Middle East country help?
By Abbas Al Lawati, CNN “It’s always nice to be wanted,” Qatar’s energy minister Saad Sherida al-Kaabi said in jest during an…
Continue ReadingTwo Amazon warehouses are vying to make history with company’s first union, but they’re very different
By Sara Ashley O’Brien, CNN Business After going 27 years without a US union, Amazon now faces a test from elections at not one but two of its…
Continue ReadingDeleted Joker scene hints at big plans for ‘The Batman’ franchise
By Frank Pallotta, CNN Business DC is taking a page from Marvel’s playbook comic book. Warner Bros. on Thursday released a deleted scene from…
Continue ReadingCan America fix Europe’s gas problem?
By Charles Riley, CNN Business North Atlantic shipping lanes are going to be very busy this year as an armada of US natural gas shipments heads to…
Continue ReadingDeepfakes are now trying to change the course of war
By Rachel Metz, CNN Business In the third week of Russia’s war in Ukraine, Volodymyr Zelensky appeared in a video, dressed in a dark green…
Continue ReadingRecession risks are ‘uncomfortably high and moving higher,’ Mark Zandi says
By Matt Egan, CNN Business The war in Ukraine. Red-hot inflation. And rapid interest rate hikes. The economic recovery that began two years ago faces…
Continue ReadingThese fossil fuel companies sent more than $15B in taxes to Russia since it annexed Crimea, NGOs say
By Angela Dewan, International Climate Editor, CNN Nine European and US fossil fuel companies have paid a collective $15.8 billion to Russia in…
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China Eastern Airlines grounds 223 Boeing 737-800 aircraft after crash
By Laura He, CNN Business China Eastern Airlines is grounding dozens of aircraft after a deadly crash earlier this week. The airline and its…
Continue ReadingUkrainian crew member who tried to sink a yacht linked to an oligarch: ‘It was my first step for the war with Russia’
By Bob Ortega, Al Goodman, Casey Tolan, Curt Devine and Jeff Winter, CNN For 10 years, Taras Ostapchuk worked at what many might consider a dream…
Continue ReadingAs gas prices skyrocketed, Google search interest for electric vehicles smashed a record
By Rachel Ramirez As gas prices soared and deepened the pain at the pump this month, consumers reacted by searching for — and possibly dreaming of…
Continue ReadingEdward Johnson III, Fidelity CEO who revolutionized investing, dies at 91
By Nicole Goodkind, CNN Business Edward “Ned” Johnson III, who oversaw Fidelity Investments’ transformation into a financial…
Continue ReadingSports betting stocks are no slam dunk, even during March Madness
By Paul R. La Monica, CNN Business It’s been an exciting NCAA men’s basketball tournament so far. Baylor, the reigning champ, is already…
Continue ReadingNearly half of foreign businesses in Hong Kong are planning to relocate
By Allison Morrow, CNN Business Foreign businesses have for decades reaped the benefits of setting up shop in Hong Kong, a historically stable,…
Continue ReadingUber strikes a deal to list New York City taxis on its app
Catherine Thorbecke, CNN Business Uber once waged a fierce battle against the taxi industry. Now it’s teaming up with New York’s iconic…
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