CNN – Business/Consumer

By Kerry Flynn, CNN Business After a protracted battle that nearly led to a workers strike, the staffers at three Condé Nast publications — The New Yorker, Ars Technica and Pitchfork — have come to an agreement on their first union contracts The New Yorker staffers announced their intention to form a union with the

President Joe Biden apologized after responding to CNN’s Kaitlan Collins’ question regarding his meeting with Russian President Vladimir Putin by firing back that he’s “not confident” Putin will change his behavior.

By Oliver Darcy, CNN Business President Joe Biden on Wednesday apologized to CNN’s chief White House correspondent, Kaitlan Collins, after he lost his temper while speaking with her at the end of his press conference following the Geneva summit with Russian President Vladimir Putin. Before departing Geneva on Air Force One, Biden walked over to

Russian President Vladimir Putin took questions from international reporters following his meeting with President Joe Biden, including a question from ABC News reporter Rachel Scott who asked Putin about a recent law that banned individuals designated as “extremists” from running for public offices.

By Chauncey Alcorn, CNN Business It’s been more than a year since San Francisco Uber driver Lucas Chamberlain was knocked unconscious by a would-be customer who attacked him during an argument over whether or not the patron was old enough to ride solo. “I woke up with blood coming down under my eye,” Chamberlain told

By Anneken Tappe, CNN Business The Federal Reserve expects to raise interest rates in 2023, according to new economic projections the central bank published Wednesday. That’s a sharp contrast from the Fed’s previous forecast in March, in which the central bank predicted rates would stay near zero for at least the next two years. The

By Hanna Ziady, CNN Business A number of companies are pulling advertising from GB News just days after Britain’s newest and most controversial TV channel launched with a self-professed mission to fight “cancel culture.” Swedish furniture giant IKEA, skin cream maker Nivea and brewer Grolsch are among brands that have either pulled or paused advertising

By Paul R. La Monica, CNN Business The CEO of one of Wall Street’s top investment banks has a message for employees in its New York offices. You need to come back to work this fall. Morgan Stanley chief James Gorman said at an investing conference earlier this week that it’s time for the bank’s

By Oliver Darcy, CNN Business ABC News reporter Rachel Scott on Wednesday confronted Russian President Vladimir Putin about his crackdown on political opponents. “The list of your political opponents who are dead, imprisoned, or jailed is long … and you have now prevented anyone who supports [Russian opposition leader Alexey Navalny] to run for office,”

CNN’s Kaitlan Collins describes the chaotic exchange between the US and Russian press pools that led to several American reporters being left out of the room as the Biden-Putin summit got underway.

By Paul R. La Monica, CNN Business Bitcoin and ethereum are the Coke and Pepsi of crypto: Their combined value of about $1 trillion accounts for nearly two-thirds of the overall $1.6 trillion in digital currencies worldwide. But just as some soft drink fans prefer Dr Pepper, there are also plenty of other alternatives in

By Peter Valdes-Dapena, CNN Business There are three 50-year-old cars parked on the moon. Now, General Motors and Lockheed Martin wants to build some new ones and put them on the moon, too. In the 1960s, GM worked with Boeing to create the Lunar Roving Vehicle. Three of them — LRV-1, LRV-2 and LRV-3 —

By Chris Cuomo and Don Lemon, CNN Don Lemon and Chris Cuomo’s new podcast “The Handoff” explores their unlikely friendship off-camera, along with their unfiltered takes on the week’s news. Below, the hosts talk about the origin of the nightly “handoff” between their shows and how it put their friendship in front of the camera.

By Jordan Valinsky, CNN Business Dunkin’ has a fitting new treat for people breaking out of their personal bubbles after a long 15 months. It’s appropriately called “Popping Bubbles,” which are boba-like bubbles that pop in people’s mouths and taste like strawberry. The bubbles can be added to any of Dunkin’s iced or frozen drinks

By Julia Horowitz, CNN Business Signs of rising inflation around the world are keeping investors on edge. But in some corners of markets, pressure is easing, raising hopes that Peak Fear may have passed and central banks will be confident enough to sit tight. What’s happening: The price of lumber, fed by a construction boom,

By Matt Egan, CNN Business JPMorgan Chase is throwing its considerable weight behind efforts to root out racial bias in the appraisal of homes in America. As part of a new bank-wide commitment to fight housing inequality, JPMorgan is for the first time outlining specific legislation that can fight appraisal bias, backing the study of

By Gregory Wallace, CNN US officials are seeking a $25 million fine from Air Canada, accusing the airline of failing to provide timely refunds to more than 5,000 passengers during the coronavirus pandemic. The formal complaint is the first enforcement action that the Department of Transportation has announced against an airline since the pandemic upended

By Brian Fung, CNN Business Big Tech critic Lina Khan will chair the Federal Trade Commission, the powerful antitrust agency that’s targeted companies such as Facebook with fines and lawsuits, according to a White House spokesperson. Khan had been confirmed as a commissioner to the FTC earlier on Tuesday, in a 69-28 Senate vote. But

By Jackie Wattles, CNN Business SpaceX has been targeting July for the first orbital flight of its gargantuan Starship system, which will be the most powerful launch vehicle ever created — and, the company hopes, will eventually take humans to Mars. But the company is not likely to hit that goal, CNN Business has learned.

By Alexis Benveniste, CNN Business MacKenzie Scott, one of the richest women in the world, and her husband Dan Jewett, donated $2.74 billion to organizations that focus on the arts and combating racial discrimination. The settlement from Scott’s 2019 divorce from her previous husband, Amazon CEO Jeff Bezos, made her one of the richest people