Average US gas price hits $5 for first time
By Chris Isidore, CNN Business For the first time ever, a gallon of regular gas now costs $5 on average nationwide, according to AAA’s Saturday…
Continue ReadingMoney
Inflation is so high, even Snoop Dogg’s blunt roller got a raise
By Ramishah Maruf, CNN Business Inflation is hitting everyone hard — even Snoop Dogg. On Tuesday, the rapper tweeted that even his professional…
Continue Reading
Decommissioning of Drake Power Plant in Colorado Springs continues with installation of new natural gas generators
COLORADO SPRINGS, Colo. (KRDO) — The new, smaller emissions stacks you may have noticed along Interstate 25 behind the Drake Power Plant represent…
Continue ReadingTesla stock is about to get much cheaper
By David Goldman, CNN Business Tesla shares are about to get three times less expensive. The company announced Friday that its board approved a…
Continue ReadingJanuary 6 prime-time hearing watched by more than 20 million
By Brian Stelter, CNN Business More than 20 million TV viewers tuned in to Thursday’s prime-time presentation about the January 6 attack, and…
Continue ReadingGM and Lockheed are expanding their moon buggy into a whole lunar lineup
By Peter Valdes-Dapena, CNN Business General Motors and Lockheed announced last year they were teaming up to work on a new lunar rover that would…
Continue ReadingOne way to reduce the hit of higher mortgage rates
By Anna Bahney, CNN Business Mortgage rates have risen faster this year than they have in decades. The average 30-year fixed-rate mortgage has been…
Continue ReadingA tampon shortage is the latest nightmare for women
By Allison Morrow, CNN Business Supply chain problems and inflation have hit virtually all consumer goods, but women who menstruate are now facing an…
Continue Reading‘Jurassic World: Dominion’ looks to roar at the box office with the help of the original cast
By Frank Pallotta, CNN Business An adventure 65 million years in the making comes to a conclusion this weekend when “Jurassic World:…
Continue ReadingThe Dow falls 880 points as inflation hits 40-year high
By Nicole Goodkind, CNN Business It’s been yet another week of losses for US markets after steep drops on Friday. The Dow plunged after a key…
Continue ReadingConsumer sentiment plunges to record low amid surging inflation
By Alicia Wallace, CNN Business Consumer sentiment slumped to a record low between May and June, according to preliminary survey data released by the…
Continue ReadingTech wreck: Goldman Sachs cuts Netflix, Roblox and eBay to ‘sell’
By Paul R. La Monica, CNN Business Tech stocks have been obliterated this year. The Nasdaq is down more than 26%, putting that index in a bear…
Continue ReadingExclusive: A crypto-based dossier could help prove Russia committed war crimes
By Julia Horowitz, CNN Business In early March, a Telegram user posted a photo of wreckage at a school in a suburb of Kharkiv, Ukraine. The photo…
Continue ReadingWhy the average gas price is at $4.99 a gallon and how high it’ll go
By Chris Isidore, CNN Business Next stop, $5. The US average for the price of a gallon of regular gas hit $4.99 according to the most recent reading…
Continue ReadingInflation rises at fastest pace in 40 years, pushed up by record gas prices
By Chris Isidore, CNN Business The pain of higher prices continues for US consumers. Record gas prices drove inflation to 8.6% for the 12 months…
Continue ReadingPay attention to this number in today’s US inflation report
By Julia Horowitz, CNN Business The latest data on consumer prices in the United States showed that annual inflation unexpectedly rose to a 40-year…
Continue ReadingThe Washington Post fires reporter Felicia Sonmez after a week of feuding publicly with her colleagues
By Oliver Darcy, CNN Business The Washington Post on Thursday fired Felicia Sonmez, the reporter who has been extraordinarily critical of her…
Continue ReadingFederal investigators expand probe into Tesla Autopilot crashes
By Gregory Wallace Federal investigators are expanding their probe of Teslas that have slammed into parked first responders’ vehicles. The…
Continue ReadingStitch Fix is laying off 15% of its salaried roles
By Nathaniel Meyersohn, CNN Business Online clothing retailer Stitch Fix will lay off 15% of its salaried staff — around 330 employees — amid…
Continue ReadingTikTok adds options to encourage users to take a break from endless scrolling
Catherine Thorbecke, CNN Business TikTok plans to roll out new options to encourage users to take a break from endlessly scrolling short-form videos…
Continue Reading