Money

By Matt Egan, CNN Business Turbulence in the oil market continued on Tuesday, with crude prices soaring back above $100 a barrel on concerns about a loss of supply of oil from Russia and signs that lockdowns in China may be easing. US crude jumped 7% to $100.84 a barrel in recent trading. Brent crude,

By Jeanne Sahadi, CNN Business Last year may be history. But there may still be one thing you can do this week to reduce your 2021 tax bill (or bolster your refund), all while fattening your retirement savings. You have until Monday, April 18 — the official federal tax-filing deadline — to make a 2021

By Allison Morrow, CNN Business Yelp has joined a growing list of companies supporting abortion access for their employees in the face of state laws that effectively ban it. In a statement Tuesday, the same day Oklahoma’s governor signed a near-total abortion ban, Yelp said it would cover travel expenses for any of its employees

By Chris Isidore, CNN Business Boeing is likely to lose about 90 jet orders due to “geopolitical issues” related to Russia’s invasion of Ukraine, the company said Tuesday. The aircraft maker said it is not canceling the orders — yet. But it has placed them in an accounting limbo which it uses when there are

By Parija Kavilanz, CNN Business Lululemon doesn’t mind if you’ve power walked, danced, stretched or meditated in its clothing. Soon you can trade in your gently used items at any of its US stores. The athleisure company, known for its pricey leggings and yoga pants, said Tuesday it is expanding the resale program it launched

By Nicole Goodkind, CNN Business Big banks like to stick together on major policy decisions. But as Wall Street grapples with heading back-to-work, a rare chasm is growing between the finance giants. The implications of these choices, and the resulting stratification of policies will likely ripple through the world of finance and out to Main

By Anneken Tappe, CNN Business America’s inflation problem didn’t abate in March. Prices kept creeping up, hitting a fresh 40-year high, data from the Bureau of Labor Statistics showed Tuesday. The Consumer Price Index rose 8.5% for the year ended in March, not adjusted for seasonal swings. That outpaced February’s elevated reading of 7.9% and

By Anneken Tappe, CNN Business Americans have been living with soaring prices for months. New inflation data set to be released Tuesday is expected to show that March marked yet another multi-decade high. Having already hit 7.9% in February, economists are hopeful that rampant inflation peaked in the first quarter. But there’s plenty that will keep prices elevated for