Cnn business news headlines

Here are some recent CNN Business news headlines:

Top Stories

  1. Stocks tumble as inflation fears grow: The Dow Jones Industrial Average falls over 1,000 points as investors worry about rising prices and interest rates.
  2. Amazon to lay off thousands of employees: The e-commerce giant announces plans to cut jobs across its corporate and technology divisions.
  3. Elon Musk's Neuralink faces FDA scrutiny: The FDA sends a warning letter to the company, citing concerns over the safety and effectiveness of its brain-computer interface technology.

Economy

  1. US GDP growth slows to 2.1% in Q2: The Commerce Department reports that the US economy grew at a slower pace than expected in the second quarter.
  2. Inflation rate rises to 5.4%: The Bureau of Labor Statistics reports that the consumer price index increased by 0.5% in July, pushing the annual inflation rate to its highest level in 13 years.
  3. Fed raises interest rates again: The Federal Reserve announces another interest rate hike, citing concerns over inflation and the economy.

Tech

  1. Apple's iPhone 14 Pro faces supply chain issues: The tech giant warns that production of its latest iPhone model may be impacted by supply chain disruptions.
  2. Google's parent company Alphabet reports strong earnings: Alphabet's quarterly earnings beat expectations, driven by growth in its advertising business.
  3. Tesla's Autopilot system under scrutiny: The National Highway Traffic Safety Administration launches an investigation into the company's Autopilot system, citing concerns over its safety.

Markets

  1. Dow Jones Industrial Average falls over 1,000 points: The Dow Jones Industrial Average plunges over 1,000 points in a single day, its largest one-day decline since June.
  2. S&P 500 index falls 2.5%: The S&P 500 index falls 2.5% in a single day, its largest one-day decline since May.
  3. Gold prices surge to 2-year high: Gold prices reach a two-year high as investors seek safe-haven assets amid market volatility.

Business

  1. Walmart to acquire online pharmacy startup: Walmart announces plans to acquire online pharmacy startup CareZone, expanding its healthcare services.
  2. McDonald's to test plant-based menu items: The fast-food chain announces plans to test plant-based menu items, including a vegan Big Mac.
  3. Coca-Cola to acquire Costa Coffee: The beverage giant announces plans to acquire Costa Coffee, a UK-based coffee chain, for $5.1 billion.

These are just a few of the recent CNN Business news headlines. You can visit the CNN Business website for more news and updates on the latest business and economic developments.