Business

Russia claims it made $117 million in debt payments due this week. But credit rating agencies are skeptical the country can stay in good standing.

Can Russia keep paying its debts and avoid default? It’s complicated.

Chipotle, toilet paper makers bringing ‘shrinkflation’ to shoppers

The Fed is preparing to raise the federal funds rate, the interest rate banks charge each other to borrow money that impacts consumers' interest rates.

The Fed is hiking interest rates. Here’s what that means for Americans.

Putin has signed a law allowing airlines to claim ownership of 500 foreign-owned planes worth around $10 billion, but flying them could be unsafe.

Russia stealing $10B of foreign planes, considers seizing other Western assets

A COVID lockdown in Shenzhen, China's 'Silicon Valley', could cause knots in the supply chain for U.S. companies like Apple and fuel higher inflation.

Shenzhen, China COVID lockdown threatens Apple, supply chain, inflation

An unexpected army in Ukraine's fight against Russia is the country's many tech workers, battling on the front lines and with keyboards.

5 Ukraine-based tech companies in the fight against Russia

Economists hoped the country's 40-year-high inflation rate would soon peak, but Russia's invasion of Ukraine has brought everything into question.

Inflation hits new 40-year high at 7.9%. Russia’s war could make it worse.

Rent the Runway lost two-thirds of its business when COVID-19 hit. Surviving meant changing strategy as quickly as we changed our wardrobe.

Profits still elusive for Rent the Runway, the ‘Amazon’ of rented fashion

Meme-stock mania is making itself at home at Bed Bath & Beyond now that one of the movement's leaders took a big stake in the company.

Bed Bath & Beyond new target for meme-stock leader of GameStop fame

Drivers across the country are feeling the sticker shock as the average price per gallon of gas soared above $4 for the first time since 2008.

Gas prices top $4 per gallon as US considers banning Russian oil imports

Purdue Pharma reached a settlement over the opioid crisis.

OxyContin maker Purdue Pharma reaches settlement over opioid crisis

Russia is getting canceled over the Ukraine invasion, with a staggering number of businesses and industries waging their own economic war.

5 ways Russia is getting canceled, from Harley to Hollywood

President Biden spoke about inflation during his State of the Union address. Polling shows the issue is a major concern for Americans.

Biden’s State of the Union inflation comments draw bipartisan pushback

Struggling under economic sanctions and currency collapse, Russia is buying up gold and eyeing cryptocurrency as sanction workarounds.

Crippled by sanctions, Russia piles into gold, cryptocurrency

Peloton is pedaling into the ground. Now worth one-fourth what it was one year ago, the company is ripe for a takeover. Is Apple the right buyer?

Bull or Bear: Should Apple buy Peloton?

5 job openings to build the metaverse, from Nike, Roblox, Microsoft

The surprise launch of former President Trump's Truth Social app came with growing pains, in part because of overwhelming demand.

Trump’s Truth Social app surges to No. 1 free download, waitlist tops 500,000

There's stiff competition buying a home in America, especially when first-time buyers are up against all-cash offers from investors.

Report: Investors buy record number of homes as families get priced out

Truth Social dropped on the App Store.

Truth Social drops on the Apple App Store, becomes top free app available

A surprising number of companies, including Hertz and Guitar Center, didn't make it through the pandemic in one piece.

Hertz, Guitar Center among companies overcoming pandemic bankruptcies

Financial regulators warned the fast-evolving cryptocurrency market could be a threat due to size, structural vulnerabilities and more.

Financial Stability Board: Cryptocurrency could destabilize global markets

Delta Airlines' CEO has written a letter urging authorities to create a new no-fly list that would keep unruly passengers grounded.

Airlines intensify push for unruly passengers’ no-fly list

Stock markets surged and oil prices dropped after Russia claimed some of its troops are retreating from the Ukrainian border.

Stocks surge, oil drops as Russia claims retreat from Ukraine border

British authorities seized non-fungible tokens (NFTs) connected to a tax probe in what's believed to be the first seizure of its kind for the U.K.

UK authorities seize NFTs for first time in £1.4 million tax fraud case