CNN – Business/Consumer

By Anna Cooban, CNN Business UK police arrested and detained three journalists covering a climate protest earlier this week, raising concerns that the country’s press freedoms are under threat. Police officers in Hertfordshire, a county in southern England, arrested LBC radio reporter Charlotte Lynch on Tuesday on a bridge over a public highway near London

By Peter Valdes-Dapena, CNN Business New car prices are finally coming down. A little, anyway. Cars are still selling, on average, for more than the manufacturers’ sticker prices, but at least they’re closer, according to analysts. And a number of car brands are now selling for below sticker price, something that was once normal but

By Danielle Wiener-Bronner, CNN Business Food is still getting more expensive, but at a slower pace than earlier this year. In the month of October, food was .6% pricier compared to September, adjusting for seasonal swings, according to data released Thursday by the Bureau of Labor Statistics. For the year through October, without seasonal adjustments,

By Chris Isidore, CNN Business Electric truckmaker Rivian delivered a mixed bag for investors in its third-quarter earnings report, after a brutal day for its shares and those of other electric vehicle makers. On the one hand, Rivian reported a smaller than expected adjusted loss of $1.4 billion, less than the $1.7 billion loss forecast

By Alicia Wallace, CNN Business The economy was top of mind for voters in the midterm elections, exit polls showed, adding even more weight to a highly anticipated inflation report due out on Thursday. The Consumer Price Index for October, which measures the change in price of everything from pork chops to plane tickets, will

By Allison Morrow, CNN Business Sam Bankman-Fried, the crypto entrepreneur known for providing a financial lifeline to struggling firms in the industry, is now in need of a bailout himself. Bankman-Fried, widely known as SBF, started this week firmly in the realm of billionaires, with an estimated fortune of more than $15 billion, according the

By Matt Egan, CNN Business Phillips 66 is cutting at least 1,100 jobs by the end of this year as the refining giant seeks to slash costs and steer a larger chunk of its soaring profits to shareholders. At its investor day meeting in New York Wednesday, Phillips 66 detailed plans to slim down in

By Nathaniel Meyersohn, CNN Business Adidas ended its sneaker partnership with Ye, formerly known as Kanye West, last month after the musician’s anti-Semitic tirade. But Adidas will continue to sell the lucrative sneaker and apparel line, stripped of the Yeezy name and branding. The company said it’s the sole owner of all Yeezy line design

By Oliver Darcy, CNN Business Rupert Murdoch, the media mogul who controls some of the most powerful organs in conservative media, appeared to make clear Wednesday that he would prefer to cast aside former President Donald Trump in favor of Florida Gov. Ron DeSantis as the leader of the Republican party.​ The New York Post,