Money

By Bridget O’Brian, CNN Business The quest for control of Kohl’s is heating up. On Saturday, the retailer received an unsolicited $9 billion bid to go private from a consortium backed by an activist investor, according to published sources. The hedge fund, Starboard Value LP, offered to buy the department store chain for $64 a

By Anna Bahney, CNN Business If you’re one of many would-be homebuyers who got shut out of the real estate market last year, you might be hoping for better luck in 2022. The good news is that you probably won’t see the jaw-dropping jumps in home prices seen last year. But prices are still expected

By Ramishah Maruf, CNN Business Inflation and supply chain snags have sent prices for everyday items soaring, from Tide laundry detergent to new cars. Here’s what CNN Business found got more expensive this week, and what might be next. Orange juice A combination of short supply and high demand has sent orange prices soaring. Frozen

Opinion by Karin Kimbrough for CNN Business Perspectives Entering year three of the pandemic, the labor market today looks markedly different from when we entered this crisis. At LinkedIn, my team of data scientists and economists has a unique view into how ways of working have shifted — through the lens of over 180 million

By Matt Egan, CNN Business The percentage of the adult population not working because of Covid-related reasons tripled between December and January, according to Goldman Sachs. The Wall Street bank, citing the latest Household Pulse Survey of roughly 75,000 respondents from the Census Bureau, said the share of adults not working due to virus-related reasons

By Kathryn Vasel, CNN Business The past 22 months of the pandemic have forced many companies to recruit, work and retain talent remotely. And that means some workers just entering the labor force have never worked in an office, met any colleagues in-person or commuted farther than a few feet. ‘A happier employee’ Morgan Tolles

By Paul R. La Monica, CNN Business Stocks are off to a tough start this year. The tech-heavy Nasdaq is already in a correction, a more than 10% drop. And if one the most influential hedge fund managers is to be believed, this could be only the beginning of a very painful time for investors.

By Parija Kavilanz, CNN Business Just after Thanksgiving, Carmen Allen became alarmed by the jump in prices and shortages of food products at her local grocery stores. “Cake mix,” Allen says. “I was worried I wouldn’t find enough of it to give out in our food baskets.” Allen serves as president and executive director of

By Jeremy Harlan and Carma Hassan, CNN Business Nearly 8,000 workers at 78 King Soopers and City Market grocery stores in Colorado will return to work starting Friday, after union leaders and management reached a tentative three-year work agreement. The strike, which began January 12, was the nation’s second-largest in the last two years —

By Paul R. La Monica, CNN Business Peloton had a disastrous 2021. But as impossible as it may seem, the exercise equipment company is arguably off to an even worse start to 2022. Shares of Peloton are down nearly 25% this year and trading at their lowest level in nearly two years. The stock was