CNN – Business/Consumer

By Oliver Darcy, CNN Business MSNBC announced on Monday that Alex Wagner will take over the network’s all-important 9pm time slot four days a week. The elevation of Wagner, made by MSNBC president Rashida Jones, is arguably the most important programming decision the network boss has made since taking over as head of the cable

By Frank Pallotta, CNN Business “Top Gun: Maverick” has flown to new heights. The sequel to the 1986 blockbuster, in which Tom Cruise reprises the famed role of Pete “Maverick” Mitchell, has crossed the $1 billion mark at the worldwide box office, according to Paramount. “Maverick” is the first film in Cruise’s more than 40-year

By Jeanne Sahadi, CNN Business Whether or not the US economy falls into an official recession, there are still plenty of difficult financial and economic factors hitting investors and consumers. Take inflation. Prices in May rose 8.6% from a year ago — the fastest rate in 40 years. Add to that stocks that are now

By Paul R. La Monica, CNN Business The first half of the year was lousy for investors as stocks sank, cryptocurrencies crashed and even the supposedly less risky bond market performed poorly. That bond slump is bad news for conservative investors, retirees living on a fixed income and anyone trying to buy a house. But

By Chloe Melas, CNN Business Maria Shriver and Patrick Schwarzenegger are on a mission to educate you on your brain health. Shriver has been an outspoken advocate about Alzheimer’s. Her father, Robert Sargent Shriver, was diagnosed with the disease in 2003. That inspired her to create the nonprofit, The Women’s Alzheimer’s Movement. Now she and

By David Goldman and Mark Thompson, CNN Business Russia has defaulted on its foreign debt for the first time since the Bolshevik revolution more than a century ago. Following reports that Moscow had failed to pay about $100 million in interest on two bonds during a 30-day grace period that expired Sunday, the White House

By Julia Horowitz, CNN Business Europe and the United States have barred the import of Russian oil to cut off a crucial revenue source for the Kremlin. But the plan to pile pain on President Vladimir Putin, forcing him to reconsider his war in Ukraine, hasn’t worked. Russia’s government is making just as much money

By Jordan Valinsky, CNN Business Cinnabon’s newest menu item is missing its cinn-onymous ingredient. For the first time ever in the United States, the sweet treat chain is selling a new food item that doesn’t contain cinnamon. Until September, the chain is selling Chocolate BonBites, which are bite-sized chocolate rolls that Cinnabon describes as a

By Ramishah Maruf, CNN It’s the question everyone is asking: Are we about to enter a recession? A tepid stock market, soaring inflation, and rising interest rates have left Americans less than optimistic about the state of the economy. Consumer sentiment has plunged to a record low, according to a University of Michigan survey released