Lawyers for Twitter and Elon Musk will have their first chance to square off in court on Tuesday in the case over whether the billionaire […]
Continue readingTag: cnnb
CNN reporter shows how products are shrinking but keeping the same price
CNN Business correspondent Alison Kosik explains how manufacturers make small changes to products but keep them at the same price. The process called "shrinkflation" usually […]
Continue readingVideo shows violent reaction to China bank protest
Chinese authorities violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their life savings back from banks that have […]
Continue reading‘Any savings is a blessing’: Gas station owner on dropping prices for a few hours
A Georgia gas station owner took a $12,000 hit on July 4th when he lowered the prices at the pump. Ravi Patel tells CNN's Ana […]
Continue readingHe predicted US inflation would rise. Hear what he thinks about a recession
Former US Treasury Secretary Larry Summers, who faced criticism from the Biden administration in 2021 for saying inflation would rise in the US, predicts that […]
Continue reading‘Tough number to swallow’: Romans breaks down inflation data
Record gas prices drove inflation to 8.6% for the 12 months ending in May, higher than the pace in April, according to the latest Consumer […]
Continue readingHow gas prices and inflation could impact midterm elections
The average national gas price continues to rise amid inflation. Gas prices and the overall US economic forecast could shed light on the midterm election […]
Continue readingWorkers consider cost of commute: ‘It doesn’t make sense for me’
The average US commute now costs an extra $35 a month compared to pre-Covid. Some workers are weighing the costs of getting to work against […]
Continue readingPR stunt or show of strength? Russia slashes interest rates
A resurgent ruble — buoyed by robust oil and gas revenues — has taken some of the heat out of inflation and allowed Russia's Central […]
Continue reading