The buyback bogeyman is back. How concerned should we be? | CNN business

new York CNN business — Americans may be wondering why they are being forced to spend more than $4 a gallon at the pump while energy companies are making record profits. Worse still, Exxon and Chevron announced last week that they would spend billions of dollars of their earnings to buy back their own stock, … Read more

What the Fed and Madonna have in common | CNN business

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can login exactly here. You can listen to an audio version of the newsletter by clicking the same link. new York CNN business — Since its inception in 1913, the US Federal Reserve has fought for three … Read more

What the Fed and Madonna have in common | CNN business

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can login exactly here. You can listen to an audio version of the newsletter by clicking the same link. new York CNN business — Since its inception in 1913, the US Federal Reserve has fought for three … Read more

Here’s what the Fed rate hike means for your salary | CNN business

san francisco CNN business — American workers’ wages have risen at an all-time high since the mid-1980s. But inflation has risen so fast that workers have instead been awarded a pay cut. Every time inflation rises, it takes a bite out of workers’ wages and gnaws at their bank accounts. And this current wave of … Read more