CNN – Business/Consumer

By Ramishah Maruf, CNN Business Katie Harbath worked for 10 years inside Facebook, where she was most recently the company’s public policy director managing elections. Now, she’s the founder and CEO of Anchor Change, and on “Reliable Sources” Sunday, she spoke out about her old company and its role in democracy. Harbath said Facebook shouldn’t

By Allison Morrow, CNN Business Confused about inflation? You’re not alone. Inflation is, paradoxically, both incredibly simple to understand and absurdly complicated. Let’s start with the simplest version: Inflation happens when prices broadly go up. That “broadly” is important: At any given time, the price of goods will fluctuate based on shifting tastes. Someone makes

By Paul R. La Monica, CNN Business The prospect of higher interest rates this year is spooking investors in tech stocks and other high growth sectors. But it’s a different story for big banks. Bank stocks are off to a solid start in 2022, extending gains from the second half of last year. The Invesco

By Ramishah Maruf, CNN Business Wonder what those green and yellow tiles all over your social media feeds are? It’s Wordle, a new no-frills word game that has charmed the internet. Think of it as Mastermind, but with words instead of colored pegs. Or a mini crossword without clues. You start by choosing any five-letter

By Nathaniel Meyersohn, CNN Business Looking to buy Nike sneakers, Adidas sweats, Crocs clogs, Polo shirts or Canada Goose parkas? You’re likely to have better luck these days snagging them from their own stores or on their websites than at mom-and-pops and smaller chains. These major brands and other top shoe and clothing labels are

By Allison Morrow, CNN Business If you haven’t secured a raise in a while, now’s the time to make your move. Yes, inflation is high, supply chains are still a mess, unionization efforts are taking root across industries and retail theft is on the rise — all legitimate headaches for employers. But Corporate America has

By Anneken Tappe, CNN Business 2021 was a historically great year for jobs. So why didn’t it feel that way? The short answers: Economists were befuddled. You were paying closer-than-usual attention. And months after a series of bad headlines subsided, the job situation quietly improved. Confused? Don’t worry. Pretty much everyone is. We’ll take you

By Danielle Wiener-Bronner, CNN Business Papa Johns is making a big bet on China. The pizza chain plans to open over 1,350 stores in South China by 2040 in partnership with the Asian private equity firm FountainVest Partners, it said on Friday. The deal will increase Papa Johns current global count by 25%, and marks

By Parija Kavilanz, CNN Business Kanye West is expanding his sellout Yeezy Gap line by bringing on luxury fashion powerhouse brand Balenciaga. Gap announced Friday that the tieup, branded as “Yeezy Gap Engineered By Balenciaga,” pairs Ye’s creative vision with Balenciaga’s creative director, Demna Gvasalia. Gvasalia is the 40-year-old Georgian designer who has been designing

Opinion by Jim Himes for CNN Business Perspectives For far too many American children, the race is over before it really begins. Arbitrary factors like zip code, race and gender are determining whether those children prosper or are consigned to poverty. About half of children born into poverty in the US will spend at least