Parents are buying fewer baby clothes, a sign of deep financial distress
By Parija Kavilanz, CNN Business Customers are pulling back on spending at Gap and Old Navy — particularly in one specific category that shows just…
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How Jell-O lost its spot as America’s favorite dessert
CNN, CNN BUSINESS Story by Nathaniel Meyersohn, Video by John General, CNN Business Way in the back of the grocery store, at the end of the sleepy…
Continue ReadingHow Jell-O lost its spot as America’s favorite dessert
Story by Nathaniel Meyersohn, Video by John General, CNN Business Way in the back of the grocery store, at the end of the sleepy baking aisle, sits a…
Continue ReadingThis $5.99 T-shirt will get you free Denny’s breakfast for a year
By Zoe Sottile, CNN This might just be the best Black Friday deal we’ve heard yet. Denny’s is selling a $5.99 T-shirt which will grant…
Continue ReadingTaylor Swift: Ticketmaster fiasco ‘excruciating for me’
By Frank Pallotta, CNN Business Taylor Swift spoke out Friday about the ticketing debacle that took place this week, as many fans were unable to…
Continue Reading‘It’s like living in an igloo.’ People are turning off their heat as prices surge
By Gabe Cohen, CNN As the first frigid weather of autumn chills the Northeast, many people are faced with a tough decision: deal with the surging…
Continue ReadingFormer SpaceX employees file labor-law complaint
By Jackie Wattles, CNN Eight former SpaceX employees filed labor-law complaints, alleging that Elon Musk’s space company unlawfully fired…
Continue ReadingElon Musk’s $50 billion trial comes to an end
By Matt McFarland, CNN Business The trial for the Tesla shareholder lawsuit examining CEO Elon Musk’s unprecedented compensation package…
Continue ReadingShipping giant Maersk settles lawsuit filed by student allegedly raped at sea
By Blake Ellis and Melanie Hicken, CNN Shipping giant Maersk has settled a lawsuit filed by a former US Merchant Marine Academy student who says she…
Continue ReadingCarvana cuts 1,500 jobs on slowing used-car demand
by Reuters Used-car retailer Carvana Co. is cutting 1,500 jobs, or 8% of its workforce, the company said on Friday, amid waning demand for used cars…
Continue ReadingGet ready for bigger paychecks: Record high increases expected in 2023
By Jeanne Sahadi, CNN Business Employers are planning to increase their salary budgets by 4.6% next year, the highest expected annual jump in 15…
Continue ReadingExplosive traces found at Nord Stream pipeline indicate ‘gross sabotage,’ Sweden says
By Lindsay Isaac and Sophie Tanno, CNN The blasts at the Nord Stream pipeline in September were caused by an act of sabotage, Swedish prosecutors…
Continue ReadingThe crypto meltdown, explained
CNN, CNN BUSINESS By Allison Morrow, CNN Business November 2022 is a month that investors, particularly in cryptocurrencies, will never forget. And…
Continue ReadingThe crypto meltdown, explained
By Allison Morrow, CNN Business November 2022 is a month that investors, particularly in cryptocurrencies, will never forget. And the worst may be…
Continue ReadingUS home sales fall for 9th month in a row in October
By Anna Bahney, CNN Business Home sales in the United States declined for the ninth month in a row in October as surging mortgage rates and high…
Continue ReadingBiden meets with business, labor leaders to highlight inflation progress
By Jeremy Diamond and Arlette Saenz, CNN President Joe Biden is meeting with business executives and labor leaders to highlight recent progress in…
Continue ReadingIKEA suppliers allegedly used Belarus prisoners under forced labor conditions, report says
By Mia Alberti IKEA furniture was allegedly produced by prisoners in Belarus penal colonies under forced labor conditions, according to a new report…
Continue ReadingHouse panel wants internal documents from bankrupt crypto exchange FTX
By Matt Egan A powerful subcommittee in the House of Representatives is seeking internal documents and communications from Sam Bankman-Fried and FTX…
Continue ReadingFTX lawyer says ‘substantial amount’ of assets are either stolen or missing
CNN By Allison Morrow, CNN Business The full extent of FTX’s financial disarray is becoming clearer as the failed crypto exchange’s new…
Continue ReadingInside Twitter as ‘mass exodus’ of staffers throws platform’s future into uncertainty
By Oliver Darcy, CNN Business Death is in the air on Twitter. On the platform Thursday evening, where #RIPTwitter was the top trend worldwide, users…
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