CEOs are preparing for a recession, and they don’t think it will be short
By Paul R. La Monica, CNN Business Major CEOs aren’t buying the notion that the US economy could have a soft landing following a series of…
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South Korean internet firm to acquire Poshmark for $1.2 billion
By Parija Kavilanz, CNN Business South Korean internet giant Naver is acquiring leading online resale platform Poshmark for $1.2 billion, the…
Continue ReadingUS Rep. Ro Khanna slams Saudi Arabia as ‘third-rate power’ as OPEC considers slashing oil output
By Matt Egan, CNN Business US Rep. Ro Khanna is calling for the White House to retaliate against Saudi Arabia if OPEC and its allies slash oil…
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$500k set aside for homelessness in proposed Colorado Springs budget
COLORADO SPRINGS, Colo. (KRDO) — On Monday, Colorado Springs Mayor John Suthers unveiled his proposed 2023 budget for the city. In it, $500,000 has…
Continue ReadingA 76-year-old staple of door-to-door sales is now selling at Target
By Parija Kavilanz, CNN Business Tupperware containers will now be available at Target, in a major shift for the 76-year-old brand. Generally the…
Continue ReadingHurricane Ian could put a dent in US GDP growth
By Alicia Wallace, CNN Business The devastation wrought by Hurricane Ian likely caused more than $50 billion in damages — and also dinged overall…
Continue ReadingWhy Elon Musk is no longer Wall Street’s darling
By Chris Isidore, CNN Business Could Wall Street’s love affair with Elon Musk be over? Six months ago Tesla shares were flying high. The…
Continue ReadingTrader Joe’s finally brings back free samples
By Nathaniel Meyersohn, CNN Business Freebies are back at the grocery store after a long pandemic hiatus. Trader Joe’s brought back in-store…
Continue ReadingKFC is bringing back a fan-favorite menu item
By Jordan Valinsky, CNN Business Kentucky Fried Chicken is bringing back a fan favorite after a nearly decade-long hiatus. Beginning Monday, KFC is…
Continue ReadingStocks kick off October with a huge rally
By Paul R. La Monica, CNN Business Stocks kicked off October with more treats than tricks for investors. The market rallied to begin the fourth…
Continue ReadingKim Kardashian charged by SEC, agrees to pay $1.3 million fine
By Chris Isidore and Matt Egan, CNN Business Kim Kardashian agreed to pay a $1.26 million fine to the Securities and Exchange Commission to settle…
Continue ReadingWelcome to the fourth quarter. Expect more gloom but less doom
By Nicole Goodkind, CNN Business It’s been a hard year for markets, and investors are looking for a bit of reprieve as we enter the fourth…
Continue ReadingBah humbug: Expect to shell out more for a Christmas tree this year
By Parija Kavilanz, CNN Business In the spirit of holiday cheer, here’s the good news first: Christmas tree farms say this year’s harvest…
Continue ReadingCredit Suisse stock falls to fresh record low as investor concerns mount
By Julia Horowitz, CNN Business Shares of Credit Suisse plunged to a fresh record low on Monday as jittery investors trained their attention on the…
Continue ReadingJD.com’s billionaire founder settles rape lawsuit two days before planned US trial
By Kathleen Magramo and Shawn Deng, CNN A Chinese billionaire and a former University of Minnesota student who accused him of rape have reached an…
Continue ReadingUK government forced to ditch plan to slash top rate of tax
By Mark Thompson and Adam Renton, CNN The British government is reversing plans to scrap the highest rate of income tax, announcing the embarrassing…
Continue ReadingTesla delivered 343,000 cars in the third quarter, falling short of forecasts
By Ramishah Maruf, CNN Tesla announced its delivery and production numbers for the third quarter Sunday, reporting 343,000 total deliveries and…
Continue ReadingUnited Airlines suspending service at JFK Airport
By Ramishah Maruf, CNN United Airlines is temporarily halting service at New York’s JFK Airport, saying its schedule there is too small to…
Continue Reading5 signs the world is headed for a recession
By Allison Morrow, CNN Business Around the world, markets are flashing warning signs that the global economy is teetering on a cliff’s edge.…
Continue ReadingWages are the most important number to watch in the jobs report
By Paul R. La Monica, CNN Business Investors, economists and members of the Federal Reserve will be poring over the September jobs report on Friday…
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