Kohl’s has an inventory mess on its hands
By Parija Kavilanz, CNN Business Kohl’s can’t seem to catch a break, and it may have only itself to blame. The department store chain on…
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Netflix sues creators of unofficial Bridgerton musical
By Alexandra Peers, CNN Business On Christmas Day 2020, Netflix premiered “Bridgerton,” an old-fashioned lushly designed Regency Romance.…
Continue ReadingInvestigation into Vince McMahon’s hush money payments reportedly turns up Trump charity donations
By Frank Pallotta, CNN Business Even after Vince McMahon, the former WWE chief executive, retired from the company amid an investigation into his…
Continue ReadingDiesel slides below $5 a gallon for the first time since March
By Matt Egan The cost of diesel has tumbled from record highs, easing inflationary pressure on everything from trucking and farming to construction.…
Continue ReadingBed Bath & Bonkers: Retailer’s stock plunges following wild surge
By Paul R. La Monica, CNN Business The saga of struggling retailer Bed Bath & Beyond keeps getting curiouser and curiouser. Shares of the…
Continue ReadingMortgage rates drop amid signs that inflation may have finally peaked
By Anna Bahney, CNN Business Mortgage rates ticked lower last week, falling back toward the 5% mark following economic reports that indicated…
Continue ReadingHome sales fell for the sixth month in a row, but prices kept rising
By Anna Bahney, CNN Business Home sales declined for the sixth month in a row in July as higher mortgage rates and prices push prospective buyers out…
Continue ReadingHyundai Ioniq 5 named Car and Driver’s EV of the Year
By Peter Valdes-Dapena, CNN Business Hyundai’s Ioniq 5, an electric-only model with a sharp-edged design, was named Car and Driver’s…
Continue ReadingWhy junk food stocks are surging
By Nicole Goodkind, CNN Business People are stressed out and exhausted. The past two and a half years, full of public health crises, recession and…
Continue ReadingExtreme heat is slamming the world’s three biggest economies all at once
By Julia Horowitz, CNN Business Estimating just how catastrophic climate change will be for the global economy has historically proven challenging.…
Continue ReadingUS and Taiwan agree to start talks on a trade and investment pact
By Wayne Chang and Lauren Lau, CNN Business The United States and Taiwan have officially agreed to launch negotiations on a new trade and investment…
Continue ReadingChina’s growth forecasts slashed as heatwave hits industrial heartlands
By Laura He, CNN Business China’s economic growth forecasts have been downgraded further by major investment banks, as the country grapples…
Continue ReadingSexual assault accuser wore ‘provocative’ clothing, Indian judge rules
By Rhea Mogul and Manveena Suri, CNN A judge in southern India has ruled a woman wore “provocative” clothing, effectively dismissing her…
Continue ReadingAmerican farmers are killing their own crops and selling cows because of extreme drought
CNN By Vanessa Yurkevich, CNN Business Nearly three quarters of US farmers say this year’s drought is hurting their harvest — with…
Continue ReadingMost electric cars are quiet. But Dodge says its future electric muscle car will be super loud
By Peter Valdes-Dapena, CNN Business Dodge, famous for offering cars with big and powerful V8 engines, is phasing out some of its iconic, gas-powered…
Continue ReadingStrippers at LA strip club want to join actors’ union
By Chris Isidore, CNN Business Strippers at the Star Garden Topless Dive Bar in North Hollywood, California, have filed with the National Labor…
Continue ReadingOhio judge rules Walmart, CVS, and Walgreens must pay a combined $650.6 million for damages related to opioid crisis
By Laura Ly, CNN Walmart, CVS, and Walgreens must pay a combined $650.6 million to two Ohio counties for damages related to the opioid crisis, a…
Continue ReadingEven dollar stores are starting to feel the pinch from inflation
CNN, CNN BUSINESS By Paul R. La Monica, CNN Business Dollar stores, as their name suggests, offer inexpensive products for bargain-hungry shoppers.…
Continue ReadingEV tax credits just got totally revamped. Here’s what car buyers need to know
By Matt McFarland, CNN Business The newly signed Inflation Reduction Act will have big implications for electric vehicle buyers. Some popular…
Continue ReadingLose big on crypto? Here’s how to reduce the sting
By Jeanne Sahadi, CNN Business It’s been a tough year for crypto investors as they’ve watched the price of their digital assets plummet.…
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