Money

Opinion by Joe O’Connor and Juliet Schor for CNN Business Perspectives It’s now well recognized how difficult the pandemic has been for workers. A Conference Board survey of workers from September 2021 found that more than three-quarters of US respondents reported stress and burnout as big challenges to being at work, versus 55% six months

By Chris Isidore, CNN Business More tieups at West Coast ports are just about the last thing the US economy needs right now. Delays caused by a flood of cargo last year continue to create widespread shortages of goods throughout the economy and added to inflationary pressures. But a current round of labor talks between

By Reuters The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above a key level, with investors fearing that problems at major crypto players could unleash a wider market shakeout. Bitcoin, the world’s biggest cryptocurrency, was trading just under the symbolic level of $20,000 in early London trading hours. Bitcoin had

By Matt McFarland, CNN Business Gas prices may be skyrocketing, but Americans still love their RVs despite the fact that they often get 10 mpg — or less. RV popularity boomed during the pandemic as travelers looked for safe ways to travel while maintaining social distance. Americans continue to turn to RVs even as they’ve

By Clare Duffy, CNN Business Last week, the Associated Press announced the creation of an unusual new position: a democracy editor. Tom Verdin — a more than 20-year veteran of the AP who spent the past seven years leading its state government team — will take up the role,managing coverage on challenges to democracy, voting

By Zoe Sottile, CNN There really is no such thing as a free lunch. An anonymous bidder paid a record-breaking $19 million for a private steak lunch with legendary investor Warren Buffett. The sale was part of the 21st annual auction for a lunch with Buffett, produced in collaboration with eBay and the Glide Foundation,

By Chris Isidore, CNN Business US drivers got a slight — very slight — break on prices this weekend as the AAA average for a gallon of unleaded gas fell below the $5 mark. The average price Sunday was $4.98 a gallon, down from $4.99 in Saturday’s reading. The average gas price had been $5

By Frank Pallotta, CNN Business “Lightyear” wasn’t able to get enough buzz at the box office this weekend. The latest film from Disney’s Pixar — which features the voice work of Chris Evans as Buzz Lightyear — opened to an estimated $51 million at the North American box office this weekend. That number came in

By Inke Kappeler and Tara John, CNN Germany must reduce natural gas consumption and increase the burning of coal in order to help fill gas storage facilities for next winter, German Economy Minister Robert Habeck announced Sunday as the country moves away from reduced Russian gas supplies. “The situation is serious,” Habeck said in a

Opinion by Jonathan Reckford and Lisa Rice for CNN Business Perspectives It is ironic and fitting that every June, our nation recognizes both Juneteenth and homeownership, which the George W. Bush administration turned into a month-long observance. Juneteenth is the celebration of Black people’s liberation and theoretical ability to participate fully in the American Dream.

By Nicole Goodkind, CNN Business The mission of the Federal Reserve is to foster the stability of US monetary systems. It’s the reason the central bank was created in 1913, and it’s the reason it still exists today. So when inflation threatens to potentially destabilize the dollar, it’s the Fed’s job to spring to action.