Money

By Chris Isidore, CNN Business No matter how you heat your home, the cost of that heat is likely to soar, according to a forecast Wednesday from the Energy Information Administration. Based on current estimates for fuel prices if, as forecast, there’s a slightly colder winter ahead, the EIA estimates that heating a home with

By Peter Valdes-Dapena, CNN Business General Motors unveiled a new, slightly bigger redesigned version of its cheapest entry-level SUV, the Trax. The new version looks much, much sleeker than the chunky little SUV it replaces and adds new features. But it also drops one major option while retaining what may be the SUV’s most important

By Hanna Ziady, CNN Business The French government has ordered staff at an ExxonMobil refinery to return to work, taking the extraordinary measure after a weeks-long strike led to fuel shortages, with drivers lining up for miles to refill their tanks. The energy ministry said in a statement on Wednesday that it was requisitioning staff

By Chris Isidore, CNN Business A key measure of inflation increased faster than expected in September, raising concerns that the Federal Reserve’s aggressive rate hikes are having limited impact in bringing inflation under control. The US Producer Price Index, which tracks what America’s producers get paid for their goods and services, rose at an annual

By Parija Kavilanz, CNN Business Let’s admit it: Adults have basically been dressing like kids these past two years — opting for comfy PJs, sweats, joggers, shorts and T-shirts for sleeping, lounging and yes, working. Recognizing that all-day “casual comfort” is now an acceptable sartorial standard, even for adults, kids’ clothing seller The Children’s Place

By Jordan Valinsky, CNN Business Subway says its most extensive menu makeover in the company’s nearly 60-year history is paying off. Sales at stores open at least a year rose 8.4% in the third quarter, the privately held company announced Wednesday. For the past 18 months, Subway said it had “record-setting sales” across its roughly

By Jordan Valinsky, CNN Business Starbucks customers can now earn more than just “stars” for their purchases. Beginning Wednesday, the coffee chain is partnering with Delta Air Lines and awarding 1 mile for every $1 spent at Starbucks in an alliance between “two of America’s most highly regarded loyalty programs,” the companies said in a

By Nicole Goodkind, CNN Business A closely watched measure of inflation in the United States is expected to tick higher in September even as the Federal Reserve moves to fight rising prices at its most aggressive pace in decades. Wall Street is worried that yet another high reading on the Consumer Price Index will prompt