CNN – Business/Consumer

By Anneken Tappe, CNN Business Wall Street has had a rocky start to the year: Stocks again finished lower Wednesday and the Nasdaq Composite closed in correction territory, defined as a minimum 10% drop from its high. For the Nasdaq, that last peak was its record close on November 19. On Wednesday the tech-heavy index

Opinion by Chuck Collins for CNN Business Perspectives The pandemic has shone a spotlight on how inequality kills. As inequalities in income, wealth and access to health care have accelerated, the world’s most economically precarious people have suffered far more than their fair share of death and economic loss. As a new Oxfam report points

By Paul R. La Monica, CNN Business Microsoft’s massive acquisition of Activision Blizzard is notable for several reasons, not the least of which is that it’s spending nearly $70 billion -— in cash — to make the deal. That means Microsoft CEO Satya Nadella is essentially going to write a check for Activision Blizzard. Many

By Matt Egan, CNN Business From startlingly high inflation and empty grocery store shelves to elevated prices at the pump, Americans are frustrated with the state of the economy. Polls indicate voters are every bit as concerned about the economy as they are about the pandemic. And they feel the government is not doing enough

By Charles Riley and Joseph Ataman, CNN Business Major international airlines are canceling flights to the United States over aviation industry fears that 5G technology could interfere with crucial onboard instruments. But it’s business as usual in Europe, where the latest generation of high speed mobile networks is being rolled out without a hitch. “The

By Peter Valdes-Dapena, CNN Business With the trucking industry facing a shortage of qualified drivers, the US government is setting up an apprenticeship program for young truckers. The new program will allow people as young as 18 to drive big interstate semi trucks. The new program is coming on-line as the industry complains of driver

By Chris Liakos and Richard Quest, CNN The president of Emirates tells CNN that the airline was not aware of some of the potential 5G rollout issues until yesterday morning, calling the situation “one of the most delinquent, utterly irresponsible” he has seen in his aviation career. Major international airlines are scrambling to modify or

By Laura He, CNN Business China produced more coal than ever last year as its power stations struggled to meet demand for electricity, undermining plans to curb carbon emissions. While the surge in output helped bring the power crisis under control, coal prices are creeping up yet again this year amid expectations that China is