Peloton stock plunges after 20,000 members canceled subscriptions while waiting for recall | CNN Business

[ad_1] New York CNN  —  A Peloton recall involving the adjustable seat on more than two million bikes is becoming a bigger headache than expected. Shares of the fitness company…

The next phase of the Fed’s historic inflation fight is waiting for rate cuts | CNN Business

[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio…

As mortgage rates soar over 7%, an unaffordable housing market is becoming even more expensive | CNN Business

[ad_1] Washington, DC CNN  —  An already miserably unaffordable housing market is getting more expensive. As mortgage rates top 7% — the highest they’ve been in 21 years according to…

Forget the pension protests. France’s economy has momentum | CNN Business

[ad_1] London CNN  —  Attacks on the Paris offices of multi-billion dollar corporations earlier this month by protesters angry about pension reforms may have tarnished France’s image as a place…

Michael Burry, of ‘Big Short’ fame, just bet $1.6 billion on a stock market crash | CNN Business

[ad_1] New York CNN  —  Michael Burry, the “Big Short” investor who became famous for correctly predicting the epic collapse of the housing market in 2008, has bet more than…

What Asia’s top potato chip maker learned from a huge supply shortage | CNN Business

[ad_1] Hong Kong CNN  —  What happens when Asia’s biggest potato chip maker runs out of potatoes? Japanese snack brand Calbee had to learn the hard way. Extreme weather disruptions…

Italy may have dodged a ‘pasta strike’ but food inflation is still high. Here’s why

[ad_1] Italy may have dodged a ‘pasta strike’ but food inflation is still high …  The Albany Herald [ad_2] Source link

Scrutiny of PGA Tour’s Saudi deal intensifies as Senate Finance Committee launches investigation | CNN Business

[ad_1] CNN  —  The backlash to the proposed merger between the PGA Tour and LIV Golf intensified as Senate Finance Committee Chairman Ron Wyden, D-Oregon, opened an investigation into the…

‘Something’s about to break’: Why Wall Street is still freaking out about banks | CNN Business

[ad_1] Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN  —  A…

Why European stocks are crushing US peers

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