Category Archives: CNN – Business

Olympic sponsors paid big money for the Beijing Games. So where are all the ads?

Olympic sponsors paid big money for the Beijing Games. So where are all the ads?

Sponsors of the Olympics are walking a tightrope ahead of the Beijing Winter Games next month as worsening geopolitical tensions force them to consider downplaying their involvement without upsetting China. Political fervor in the United States reached a high last month as the White House called for a diplomatic boycott of the Games, a statement…MORE

Local TV journalists voice concerns about one-man-band reporting

Local TV journalists voice concerns about one-man-band reporting

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Last week’s frightening sight of a local TV reporter being hit by a car during a live shot is sparking conversations and calls for change. The reporter, Tori Yorgey of WSAZ in Huntington, West Virginia,…MORE

After more than 600 days shut out, Delhi’s students just want to go back to school
Sanjeev Verma/Hindustan Times/Getty Images

After more than 600 days shut out, Delhi’s students just want to go back to school

Dharini Mathur’s son had just turned 4 when he started pre-school online. More than 600 days later, he still sits behind his computer screen, attempting to learn virtually — while making zero contact with his classmates and teachers. He is one of more than 4 million children in India’s capital, Delhi, forced out of the…MORE

Gold is shining again as stocks wobble and cryptos melt down
Adobe stock

Gold is shining again as stocks wobble and cryptos melt down

Stocks have slumped this year. So has bitcoin. But gold, by comparison, has had a fairly solid start to the year. The price of the yellow metal is roughly unchanged, hovering just below $1,800 an ounce. Gold prices are up slightly over the past three months as well. So will the commodity’s climb pick up…MORE

Rate hikes are coming: What does that mean for you?
Tannen Maury/EPA-EFE/Shutterstock

Rate hikes are coming: What does that mean for you?

The Covid era of free money is coming to an end. After dropping interest rates to zero in March 2020 to revive the economy, the Federal Reserve is shifting gears and going into inflation-fighting mode. Fed officials indicated Wednesday they plan to raise interest rates in March, launching a series of rate hikes for the…MORE

What the stock market will never get about rate hikes
Federal Reserve

What the stock market will never get about rate hikes

The Federal Reserve may have a playbook for how it plans to tackle inflation and keep the economy humming along. But as any sports fan knows, the best coaches always have to adapt to what’s happening in the game. Sometimes, the strategy has to change. Investors understandably don’t love that approach — and that’s why…MORE

Stock rally peters out again
John Minchillo/AP

Stock rally peters out again

Thursday’s stock market rally didn’t last long. By the early afternoon, the major indexes had given back their sharp gains. Both the Nasdaq Composite and the S&P 500 turned negative, down 0.6% and 0.2%, respectively. The Dow was flat. All three indexes traded sharply higher earlier in the session after some better-than-expected economic data distracted…MORE

These companies decided to go fully remote — permanently
Adobe Stock

These companies decided to go fully remote — permanently

As the pandemic heads into yet another year, companies are still grappling with uncertainty in the workplace. Many have attempted to reopen their offices, only to be stymied by new variants or outbreaks that necessitated yet another shutdown or a delayed re-opening. So some businesses are removing the guesswork altogether by deciding to remain fully…MORE

The government has a talent problem. This bill could help change that
Bill Clark/CQ-Roll Call, Inc/Getty Images

The government has a talent problem. This bill could help change that

Our workforce is the lifeblood of the US federal government. Without individuals committed to public service, taxpayers, vulnerable populations and small businesses would not have access to critical resources and services. If the federal government fails to attract and hire the best and the brightest into service, the nation and the people it serves suffer.…MORE

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