Business

Gold heading to $2,000? Prices surge on global fear

Gold was one of the few investments heading higher Monday as worries about the coronavirus outbreak led to a steep market slide.Gold is now up more than 20% in the past year, and trading near $1,600 an ounce, its highest…

Casper's sales are surging but it can't stop losing money

Mattress startup Casper has big ambitions to become a publicly traded wellness company. The problem is it can't stop losing money.The company reported Monday sales soared 23% to about $439 million, but it lost about $94 million in the past…

Economists are even more optimistic about the US economy

A growing number of American economists are bullish about growth in the coming year.The National Association for Business Economics said in a survey released Monday that 67%,of respondents expect America's gross domestic product -- the most complete measure of the…

The biggest US tech companies could still drive stocks this week

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.Concerns about the spreading Wuhan coronavirus will be front of mind this week, with the death toll continuing…

How the coronavirus is already hurting global business

Major shops, restaurants and tourist destinations are shuttering their doors across China, as global businesses begin to feel the effects of the deadly Wuhan virus outbreak.Chinese officials on Monday announced that the death toll from the coronavirus has risen to…

Dow futures tumble 300 points on fifth US case of coronavirus

US stock futures dropped sharply Sunday night as fears of the coronavirus grew.Dow futures fell by as much as 300 points. S&P 500 futures were down about 1.1% and Nasdaq futures were lower by about 1.4%.More than 50 people have…

The beauty industry is bigger than ever, but mascara is struggling

When Kylie Jenner launched her billion-dollar cosmetic brand, Kylie Cosmetics, five years ago, an essential item was missing: mascara.Rihanna's Fenty Beauty line, which she launched in 2017, didn't sell mascara when it first launched, but she recently added the beauty…

Will the coronavirus outbreak knock global growth?

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.The Wuhan coronavirus outbreak spooked financial markets last week. Now investors are on high alert for economic repercussions.The…

Trump's attorney goes to hell in 'Saturday Night Live' cold open

President Donald Trump's attorney Alan Dershowitz, played by guest star Jon Lovitz, wound up in hell during the "Saturday Night Live" cold open.Lovitz's Dershowitz was meeting with Sens. Mitch McConnell (Beck Bennett) and Susan Collins (Cecily Strong) about the impeachment…