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Investing
The very rich are often bad investors. Here’s why
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…
China and Europe try to dial down trade tension
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.…
Why a surging U.S. dollar is about to become a problem for stock-market bulls
Analysts are ringing alarm bells over a surge by the U.S. dollar, warning it may be set to serve as another “headwind” for U.S. stocks as they struggle…
‘Not nearly enough.’ IEA says fossil fuel demand will peak soon but urges faster action
Global demand for oil, natural gas and coal is likely to peak by 2030 — an “encouraging” development but “not nearly enough” to limit the rise…
Lego drops plans to make bricks from recycled plastic bottles
Lego has abandoned plans to make its famous bricks from recycled plastic bottles, saying that the manufacturing process would be more…
Consumers are still spending on nice things, if they’re on trend
American consumers aren’t tired of shopping. They’re shopping more prudently, with an eye on getting the best value, sure. But they’re also…
A Government Shutdown Would Be ‘Negative’ for U.S. Credit Rating: Moody’s
Moody’s
Investors Service said Monday that a federal government shutdown would be “credit negative” for the U.S. Congress is racing to reach an…
Costco members now have access to $29 online health care visits
Costco is now offering members online health checkups for as low as $29.
The retailer is offering the new service in partnership…