CNN – Business/Consumer

By Paul R. La Monica, CNN Business Sometimes in investing, a little luck goes a long way. Just ask Warren Buffett. The Oracle of Omaha is set to make a handsome profit from a new investment in video game maker Activision Blizzard that Berkshire Hathaway made during the quarter before Microsoft announced its plans to

By Julia Horowitz, CNN Business America’s economy is driven by shoppers who shell out big money for items like iPhones, sofas and cars and experiences such as dining out. So when consumers start to feel less confident, economists and investors worry. What’s happening: Consumer sentiment in the United States has dropped to its worst level

Story by Reuters Financial institutions channeled more than $1.5 trillion into the coal industry in loans and underwriting from January 2019 to November 2021, even though many have made net-zero pledges, a report by a group of 28 non-government organizations showed. Reducing coal use is a key part of global efforts to slash climate-warming greenhouse

By Chris Isidore, CNN Business If you were to judge the US auto market by this year’s Super Bowl ads, you’d think virtually all the cars for sale in America today are electric vehicles made by the world’s long-established automakers. And you never would have heard of Tesla, the world’s largest EV maker. Traditional automakers

By David Goldman, CNN Business The stock market gave investors whiplash Monday as Wall Street tried to predict the next events in a rapidly evolving and tumultuous conflict between Russia and Ukraine. US stocks fell on Monday after the United States said it would close the US embassy in Kyiv. US officials are “temporarily relocating”

Opinion by Tim Calkins for CNN Business Perspectives The Super Bowl is the biggest single advertising event of the year. Companies line up to spend millions of dollars buying commercial time during the game, and they spend months working on the ads, surveying consumers and testing different creative ideas. But unlike most advertising these days,

By Julia Horowitz, CNN Business Concerns about an imminent Russian invasion of Ukraine are roiling the market for agricultural products like wheat at a time when global food prices are already near 10-year highs. Russia is the world’s top exporter of wheat. Ukraine is also a significant exporter of both wheat and corn. That’s sending

By Paul R. La Monica, CNN Business If Russia invades Ukraine, global stock markets could be in for a rough ride — much worse than most other geopolitical events of the past several decades. A Russian invasion of Ukraine could further disrupt supplies of crude, potentially leading prices that are already their highest in seven