World Bank says recession will be ‘hard to avoid’ for many countries
By Paul R. La Monica, CNN Business You can add the World Bank to the growing chorus sounding recession alarm bells. In its latest outlook, World Bank…
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Kohl’s puts up a for-sale sign
By Nathaniel Meyersohn, CNN Business Kohl’s may soon have a new owner. Kohl’s said late Monday that it had entered into a three-week…
Continue ReadingAt-home abortion pill startups gain interest and funding as laws increasingly target access
By Jennifer Korn As the future of safe, legal abortion access in the United States has been thrust into doubt, a number of at-home abortion pill…
Continue ReadingAt-home abortion pill startups gain interest and funding as laws increasingly target access
By Jennifer Korn As the future of safe, legal abortion access in the United States has been thrust into doubt, a number of at-home abortion pill…
Continue ReadingBig Tech calls for Biden administration to let foreign workers’ adult kids stay in the US
By Brian Fung, CNN Business A backlog of US green card applications has Silicon Valley giants calling on the Biden administration for new measures to…
Continue ReadingJanet Yellen: ‘Unacceptable’ inflation is a global problem
By Matt Egan, CNN Business US Treasury Secretary Janet Yellen conceded on Tuesday that inflation is at “unacceptable levels,” but she…
Continue ReadingWages are rising at their fastest pace in decades. Here’s how that stacks up with inflation
By Tami Luhby and Tal Yellin, CNN The white-hot labor market has driven up wages faster than at any time since the mid-1980s, as employers struggle…
Continue ReadingGoldman Sachs predicts $140 oil as gas prices spike near $5 a gallon
By Matt Egan, CNN Business High oil and gasoline prices will need to rise even higher this summer to incentivize new production and discourage…
Continue ReadingTarget is ramping up discounts. Here’s why
By Nathaniel Meyersohn, CNN Business Target is stuck with too much home decor and too many TVs. To clear out the glut, it will ramp up discounts. The…
Continue ReadingCEOs are enjoying huge paydays while their workers struggle to pay bills
By Allison Morrow, CNN Business Despite all the buzz about the “Great Resignation” and a renaissance for the working classes in America,…
Continue ReadingNew EU rule will require all phones and electronics to use a standard charger
By Brian Fung, CNN Apple and other smartphone makers will be required to support USB-C as part of a single charging standard for mobile devices…
Continue ReadingNew EU rule will require all phones and electronics to use a standard charger
By Brian Fung, CNN Apple and other smartphone makers will be required to support USB-C as part of a single charging standard for mobile devices…
Continue ReadingOpinion: How the US can stop relying on other countries for energy and fight climate change
Opinion by Ralph Izzo for CNN Business Perspectives Russia’s move to cut off natural gas supplies to Poland and Bulgaria, and more recently…
Continue Reading‘Uninvestable’ China could make a comeback
By Julia Horowitz, CNN Business Foreign investors lost their nerve on parking money in China over the past year, as Beijing cracked down on the…
Continue ReadingLettuce shortage forces KFC to offer cabbage in Australia
By Michelle Toh, CNN Business KFC has been forced to make menu changes again in Australia, as the fast food chain is hit with shortages of key…
Continue ReadingAlibaba and JD.com stocks rally on hopes tech crackdown may be over
By Laura He, CNN Business Shares in Chinese tech companies have surged this week on hopes that Beijing is close to ending a yearlong regulatory…
Continue ReadingApple unveils iOS 16 with revamped lock screen and big changes to iMessage
By Samantha Murphy Kelly, CNN Business Apple kicked off its annual developer conference by unveiling its next-generation mobile software, iOS 16,…
Continue ReadingThe Washington Post suspends reporter David Weigel over sexist retweet
By Oliver Darcy, CNN Business The Washington Post has suspended reporter David Weigel for one month without pay for retweeting a sexist joke, two…
Continue ReadingExclusive: Wendy’s is finally selling this ‘highly anticipated’ Frosty flavor
By Jordan Valinsky, CNN Business Wendy’s is adding a new Frosty to its lineup — its first new flavor in nearly three years. Beginning Monday,…
Continue ReadingIt’s been a rough year for social media stocks. Blame TikTok
By Paul R. La Monica, CNN Business This year has so far been miserable for investors in social media companies. Shares of Facebook and Instagram…
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