Money

By Peter Valdes-Dapena, CNN Business Major automakers are coming out with electric cars and SUVs that could, one day, threaten Tesla’s dominance in that field. But there’s a big fight brewing in another electric vehicle market where Tesla doesn’t even play. Electric work vans. Electric vans present a big opportunity because of two concurrent trends.

By Kathryn Vasel and Jeanne Sahadi, CNN So much is working in favor of job seekers who want to wrangle a better position with better pay and better benefits these days. Even still, it’s rarely a seamless or stress-free process. Quitting your job is always a big deal and requires good planning and smart thinking

By Frank Pallotta, CNN Business Leslie Jones can keep posting unfiltered videos of herself commenting on the Olympics, according to NBC. On Monday, Jones said she would stop making the videos, because they were routinely getting blocked. But NBC said Tuesday that the former “Saturday Night Live” cast member can continue offering her commentary while

By Matt Egan, CNN Business Grocery store prices will probably stay elevated this year, according to economists at Goldman Sachs, continuing a Covid trend that has contributed to the high cost of living. In a report to clients on Monday night, Goldman Sachs projected the food-at-home category of the consumer price index will increase by

By Ivana Kottasová and Charles Riley, CNN Business President Joe Biden said Monday that natural gas will not flow through Russia’s Nord Stream 2 pipeline to Germany if Moscow orders an invasion of Ukraine. What does an $11 billion undersea pipeline between Russia and Germany have to do with Ukraine? And why is it such

By Julia Horowitz, CNN Business Politicians are under huge pressure to fight inflation as a rapid uptick in prices hits consumers’ wallets and offsets wage hikes. That could fuel a tougher stance from regulators on mergers, as leaders like US President Joe Biden try to show they’re on the side of anxious voters. “This administration,

By Paul R. La Monica, CNN Business Pfizer’s sales in the fourth quarter more than doubled, thanks to strong demand for its Covid-19 vaccine. But that wasn’t good enough to satisfy investors. The drugmaker said it posted revenue of $23.8 billion, missing Wall Street’s expectations of $24.1 billion. More than half of Pfizer’s total sales,

By Jordan Valinsky, CNN Business Peloton is replacing embattled CEO John Foley and cutting about 20% of its workforce to help reinvigorate the flailing fitness company. Barry McCarthy, the former chief financial officer of Spotify and Netflix, will become its CEO and president, effective Wednesday. Foley will become the company’s executive chair, and wrote in