Biden is 'obsessed' with lowering 'outrageous' gas prices, but there isn't much more he can do, says Energy Secretary By Matt Egan, CNN Business 8 hrs ago Energy Secretary Jennifer Granholm said President Joe Biden is laser-focused on knocking down sky-high gasoline prices, though she concedes th…
This is globalization in reverse Analysis by Zachary B. Wolf, CNN May 24, 2022 If globalization was supposed to bring the world and its economies together, "fragmentation" is the term for how they're splintering apart.
New home sales fell by nearly 17% in April as buying became even less affordable By Anna Bahney, CNN Business May 24, 2022 The double punch of high home prices and rising mortgage rates took a toll on sales of newly constructed homes in April.
'Lunchflation' is real. Returning to the office is costing us a fortune By Kathryn Vasel, CNN Business May 24, 2022 Millions of employees started working remotely after the pandemic first took hold in 2020. But now, more people are returning to the office --…
UK household energy bills set to rise by another 40% By Anna Cooban, CNN Business May 24, 2022 Brits are bracing for another huge hike in their energy bills, and pressure is mounting on the UK government to impose a windfall tax on big s…
Samsung plans to create 80,000 new jobs with $356 billion investment By Michelle Toh, CNN Business May 24, 2022 Samsung on Tuesday outlined a plan to pour more than $350 billion into its businesses and create tens of thousands of new jobs over the next f…
How are gas prices affecting your summer travel plans? Share your story May 23, 2022 It's set to be a very hot summer for travel.
T-Mobile and AT&T are Wall Street bright spots, but Verizon is struggling By Paul R. La Monica, CNN Business May 23, 2022 Inflation concerns have made it a brutal year for stocks, but wireless service is one area where prices aren't rising much — and the sector ha…
Markets are down, but these charts explain why investors shouldn't panic By Nicole Goodkind, CNN Business May 23, 2022 What goes up must come down, and what goes bull must go bear. The conventional wisdom is that a bit of market madness is inevitable, cyclical …
Markets are down, but these charts explain why investors shouldn't panic By Nicole Goodkind, CNN Business May 23, 2022 What goes up must come down, and what goes bull must go bear. The conventional wisdom is that a bit of market madness is inevitable, cyclical …