CNN – Business/Consumer

By Hanna Ziady, CNN Credit Suisse bled customer deposits worth 67 billion Swiss francs ($75.2 billion) in the first three months of the year, and money is still leaving the bank as UBS races to complete a rescue of its stricken rival. The bank run was “most acute” in the days just before and just

CNN By Chris Isidore, CNN Despite falling gas prices, ExxonMobil and Chevron reported bumper profits last quarter. While they were lower than last year, they still beat Wall Street forecasts, as well as where they were ahead of the spike in energy prices that followed the invasion of Ukraine more than a year ago. ExxonMobil,

By Laura He, CNN Public sector workers in an eastern Chinese city are set to be paid fully in digital yuan, as the country makes a significant push to popularize the currency. Changshu, located in the province of Jiangsu, will start the new payment process in May, according to an official document widely posted on

By Alex Leeds Matthews, CNN Tupperware may be on the verge of collapse, but the 77-year-old business’ potential demise isn’t necessarily a harbinger of worsening economic conditions. While sales data shows the rest of the US consumer retail sector — including some of the company’s competitors in the food storage space — seems to be

By Krystal Hur, CNN With Microsoft, Alphabet, Amazon and Meta Platforms all slated to report earnings this coming week, investors are turning their attention away from bank earnings to Big Tech. That’s because just a handful of large-cap tech stocks powered the S&P 500’s gains during the first quarter despite banking turmoil, uncertainty about the

CNN By Nicole Goodkind, CNN Business CNN will be the home to a new weekly prime-time show featuring Gayle King and Charles Barkley, the news network announced on Saturday. King and Barkley sat down together on TNT’s NBA Tip-Off Saturday to discuss the details of the live show, titled King Charles, which is set to

By Peter Valdes-Dapena, CNN It seemed like a good idea at the time. Exciting, actually. I could take a ride in what will soon be America’s last gasoline-powered muscle car with the woman who’s in charge of getting it into production and onto the street. But we were in New York City, it was four

By Danielle Wiener-Bronner, CNN When Burger King launched a new marketing campaign late last year with a little jingle to support the Whopper, Tom Curtis was initially skeptical. “You just can’t say ‘Whopper’ four times,” Curtis, Burger’s King’s president in the US and Canada, told CNN, recounting a conversation with the brand’s creative and marketing

CNN By Selina Wang, CNN Wearing surgical masks to cover their faces, dozens of people demonstrated outside a branch office of China’s central bank in the landlocked province of Henan early this month to demand their savings back. They’re among thousands of depositors in China that protesters say are still campaigning for compensation after last

CNN By Selina Wang, CNN Wearing surgical masks to cover their faces, dozens of people demonstrated outside a branch office of China’s central bank in the landlocked province of Henan early this month to demand their savings back. They’re among thousands of depositors in China that protesters say are still campaigning for compensation after last

By Selina Wang, CNN Wearing surgical masks to cover their faces, dozens of people demonstrated outside a branch office of China’s central bank in the landlocked province of Henan early this month to demand their savings back. They’re among thousands of depositors in China that protesters say are still campaigning for compensation after last year’s

By Chris Isidore, CNN A group of progressive Tesla shareholders want the company’s board of directors to make CEO Elon Musk concentrate more on one of his many jobs, that of running the EV automaker. In a letter to the Tesla board, the group says that Musk is not spending enough time and attention focused

By Anna Bahney, CNN Home buyers have proved to be mortgage rate sensitive, with home sales over the past year tanking as rates have surged, and improving during periods when rates have ticked down. The past year has shown that as monthly mortgage payments decline, demand goes up. But a new study shows that 5.5%