Money

By Anneken Tappe, CNN Business America’s private sector added 455,000 jobs in March, the ADP Employment Report showed Wednesday. That was slightly better than economists had expected but fell short of the February report, which was revised higher. It was also the weakest monthly gain in private sector jobs since August. This relative slowdown is

By Parija Kavilanz, CNN Business Makeup that smells like your favorite Dunkin’ coffee and donut combo? Really. It’s a thing. TikTok fav beauty brand e.l.f Cosmetics is launching a limited-edition makeup collection inspired by Dunkin’s coffees and donuts. Even the packaging for the makeup looks like you’re taking home a box of donuts, not lip

By Julia Horowitz, CNN Business As Wall Street regains its footing following the invasion of Ukraine, stocks have been staging a steady comeback. But the market for US government bonds remains tumultuous, flashing a recession signal that’s historically caused investors to worry. What’s happening: Yields on the two-year Treasury note, which move opposite prices, briefly

By Mark Thompson, CNN Business Germany issued an “early warning” of possible natural gas shortages on Wednesday over a payments dispute with Russia that could lead to energy rationing in Europe’s biggest economy. Moscow said last week that it wanted to be paid in rubles, rather than US dollars or euros as per existing gas

By Danielle Wiener-Bronner, CNN Business A month after setting his sights on McDonald’s over pig welfare, investor Carl Icahn has turned his attention to Kroger. Icahn is planning to nominate two directors to the company’s board over the issue, the retailer said Tuesday. Shareholders will be able to vote for the nominees’ placement on the

By Nicole Goodkind, CNN Business President Joe Biden delivered a strong message to corporate executives this week in his 2023 spending plan: Share the wealth. His administration wants to discourage stock buybacks, which critics say allow ultra-wealthy executives to manipulate markets while funneling corporate profits into their own pockets instead of the economy. Last year,

Opinion by Bill Carter for CNN Business Perspectives While Will Smith apologized to Chris Rock and the Academy Tuesday for the slap heard around the world, it doesn’t detract from the stupidity of his actions or greatly minimize the damage that he has done. Smith could have done a few different things at the Academy

By Lucy Bayly, CNN Business The bond market just flashed a warning sign that has correctly predicted almost every recession over the past 60 years: an inversion of the US Treasury note yield curve. An inverted yield curve is often seen as a signal that investors are more nervous about the immediate future than the

By Paul R. La Monica, CNN Business Stocks may be making a comeback lately. Ditto for bitcoin and other cryptocurrencies. But one speculative corner of the market is still in the doldrums: SPACs. Remember all those special purpose acquisition companies that went public and then bought private firms? These so-called blank check deals were all

By Ramishah Maruf, CNN Few people get married thinking they’re going to get divorced. Or about divvying up money or assets after a marriage ends. But more brides- and grooms-to-be are considering that scenario, especially when it comes to prenuptial agreements. Prenups are often met with preconceived notions of a lack of trust or a

By Frank Pallotta, CNN Business Will Smith striking Chris Rock at Sunday’s Academy Awards will go down as one of the most shocking moments in Oscars history. And Brian Snyder was there to document it. The Reuters photojournalist was one of the photographers who captured the moment Sunday and his photo — which captured Smith