Here’s what’s open and closed on Thanksgiving
By Jennifer Korn, CNN Business Stores and businesses across the United States will be closed Thursday as Americans celebrate Thanksgiving — but it…
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Foxconn offers to pay workers to leave world’s largest iPhone factory after violent protests
By Nectar Gan and Juliana Liu, CNN Business Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the…
Continue ReadingConsumers continue to lack confidence in the US economy ahead of holiday shopping season
By Alicia Wallace, CNN Business Heading into the all-important holiday shopping season, American consumers still aren’t feeling very confident…
Continue ReadingUS Freight rail strike could cost US economy $1 billion in first week
By Vanessa Yurkevich, CNN A US freight rail strike could cost the US economy $1 billion in the first week of the strike, according to a new analysis…
Continue ReadingMortgage rates fall for the second week in a row
By Anna Bahney, CNN Business Mortgage rates dropped again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate…
Continue ReadingThe Fed offers more clues about rate hikes
By Paul R. La Monica, CNN Business Americans are getting ready for food, family and football on Thursday, but investors were still holding off until…
Continue ReadingRussia threatens to cut supply of gas through Ukraine
By Anna Cooban and Uliana Pavlova, CNN Business Europe is bracing itself for further cuts to its supply of Russian natural gas as Moscow threatens to…
Continue ReadingChicken prices are finally starting to fall. You can thank busy roosters
By Danielle Wiener-Bronner, CNN Business Over the past year, as some meat prices have fallen, chicken prices have remained stubbornly high. Strong…
Continue ReadingWhy the nation is once again close to a devastating freight railroad strike
By Chris Isidore and Vanessa Yurkevich, CNN Business In September, President Joe Biden, the most union friendly president in recent history, got…
Continue ReadingLatest weekly jobless claims jump to 240,000
By Alicia Wallace, CNN Business First-time weekly claims for unemployment benefits jumped to 240,000 for the week ended November 19, according to…
Continue ReadingGet paid via Venmo, Etsy or Airbnb? Here’s what you need to know before tax season
By Jeanne Sahadi, CNN Business If you get paid through apps like Venmo or PayPal or platforms like Etsy or Airbnb, preparing your taxes next year may…
Continue ReadingHasbro CEO optimistic about holidays even though stock is under pressure
By Paul R. La Monica, CNN Business The holidays are rapidly approaching, and for the toy company Hasbro, a slowing economy could be a proverbial…
Continue ReadingThe surprising reason why Ocean Spray cranberry sauce labels are upside-down
By Jordan Valinsky, CNN Business Perhaps one of the greatest mysteries of Thanksgiving is the cranberry sauce — and we’re not even talking…
Continue ReadingOnline Black Friday sales set a new record
CNN, CNN BUSINESS By Jordan Valinsky, CNN Business Online Black Friday sales in the United States topped a record-breaking $9.12 billion this year,…
Continue ReadingSurprise: Dollar Tree’s $1.25 price strategy is actually working
By Nathaniel Meyersohn, CNN Business When Dollar Tree said it would raise prices to $1.25 after 35 years sticking to $1, some fans protested and…
Continue ReadingAlex Jones must pay full $49 million damages award, Texas judge rules
By Hanna Ziady and Sonia Moghe, CNN Alex Jones has lost a bid to water down the nearly $50 million damages award handed down by a jury earlier this…
Continue ReadingA house price slump is coming. Rising unemployment could make it much worse
By Hanna Ziady, CNN Business Last year, Auckland’s largest real estate company couldn’t sell properties quickly enough to meet demand in…
Continue ReadingBerkshire Hathaway: Warren Buffett further unwinds BYD investment in China
By Laura He, CNN Business Warren Buffett’s Berkshire Hathaway is continuing to unwind its long position in BYD, China’s largest…
Continue ReadingAustralia will see more extreme weather events, putting strain on economy, report shows
By Michelle Toh, CNN Business Australia will continue to see a spike in extreme rainfall and heat, as well as more dangerous fire events, its…
Continue Reading‘Christmas is not canceled’ despite growing risk of rail strike
By Matt Egan Leading retailers are sounding the alarm about the danger of a national rail strike while simultaneously stressing that a potential work…
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