Ikea is considering closing another store in China
By Laura He, CNN Business Ikea has already shut one store in mainland China this year and could close another in Shanghai in early July. The Swedish…
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China is encouraging college graduates to work in the countryside
By Laura He, CNN Business China is urging college graduates to seek jobs in the countryside as youth unemployment in urban areas soars to the highest…
Continue ReadingGlobal markets fall after rough week on Wall Street; yen hits two-decade-low
CNN By Laura He and Mark Thompson, CNN Business Global markets and US stock futures fell early Monday, indicating a downbeat start to the trading…
Continue ReadingGlobal markets fall after rough week on Wall Street; yen hits two-decade-low
By Laura He and Mark Thompson, CNN Business Global markets and US stock futures fell early Monday, indicating a downbeat start to the trading week…
Continue ReadingLuxury home sales see biggest decline since the start of the pandemic
By Ramishah Maruf, CNN Even the wealthiest Americans are starting to feel the effects of economic uncertainty, as sales of luxury homes saw their…
Continue ReadingNetflix green lights ‘Squid Game’ season 2
By Ramishah Maruf, CNN “Squid Game” is officially coming back. Netflix announced Sunday that the wildly popular South Korean show is…
Continue Reading‘He believes in what he’s doing:’ Wife of detained Kremlin critic speaks out
By Ramishah Maruf, CNN Writer Vladimir Kara-Murza is an outspoken critic of Vladimir Putin. He has made numerous television appearances, including…
Continue Reading‘He believes in what he’s doing:’ Wife of detained Kremlin critic speaks out
CNN By Ramishah Maruf, CNN Writer Vladimir Kara-Murza is an outspoken critic of Vladimir Putin. He has made numerous television appearances,…
Continue Reading‘Jurassic World: Dominion’ roars to big opening weekend at the box office
By Frank Pallotta, CNN Business The end of the Jurassic era arrived with a deafening roar at the box office. “Jurassic World: Dominion,”…
Continue ReadingStocks are falling and prices are skyrocketing. Here’s how to protect your money
By Jeanne Sahadi, CNN Business Anyone expecting inflation to have peaked by now got a rude surprise last week. The latest inflation report showed…
Continue ReadingConfused about the economy? Here’s what you need to know
By Allison Morrow, CNN Business Cardi B is asking the million-dollar question (Or the 20-trillion-dollar question, more precisely). “When…
Continue ReadingAnother big Fed rate hike is coming. But how many more after that?
By Paul R. La Monica, CNN Business The Federal Reserve is widely expected to raise interest rates by a half of a percentage point for the second…
Continue ReadingUS consumers contend with double-digit price increases at the grocery store
by Chiara Grimes Americans are facing grocery store price hikes at levels not seen since the inflation-soaked 1970s, with double-digit increases on…
Continue ReadingAverage US gas price hits $5 for first time
By Chris Isidore, CNN Business For the first time ever, a gallon of regular gas now costs $5 on average nationwide, according to AAA’s Saturday…
Continue ReadingUber’s lost and found report includes tater tots, teeth and slime
By Emmy Abbassi, CNN Uber has released a list of items that passengers left behind in cars and it includes some truly bizarre things, like tater tots…
Continue ReadingWhy Wendy’s founder named his burger empire after his daughter — and came to regret it
By Nathaniel Meyersohn, CNN Business Pam’s. Kenny’s. Molly’s. Lori’s. Melinda’s… Dave Thomas, a successful…
Continue ReadingInflation is so high, even Snoop Dogg’s blunt roller got a raise
By Ramishah Maruf, CNN Business Inflation is hitting everyone hard — even Snoop Dogg. On Tuesday, the rapper tweeted that even his professional…
Continue ReadingTesla stock is about to get much cheaper
By David Goldman, CNN Business Tesla shares are about to get three times less expensive. The company announced Friday that its board approved a…
Continue ReadingJanuary 6 prime-time hearing watched by more than 20 million
CNN, CNN BUSINESS By Brian Stelter, CNN Business More than 20 million TV viewers tuned in to Thursday’s prime-time presentation about the…
Continue ReadingThe Dow falls 880 points as inflation hits 40-year high
By Nicole Goodkind, CNN Business It’s been yet another week of losses for US markets after steep drops on Friday. The Dow plunged after a key…
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