Abercrombie & Fitch is cool again
By Nathaniel Meyersohn, CNN Business Abercrombie & Fitch has shed its perfume-filled mall stores, shirtless models and logo sweatshirts to win…
Continue ReadingCNN – Business/Consumer
Asian stocks enter bull market as investors bet on China
By Anna Cooban, CNN Stocks in Asia are starting 2023 in a bull market. Investors have been cheered by China’s pivot away from its zero-Covid…
Continue ReadingPizza Hut is bringing back a fan favorite from the ’90s
By Jordan Valinsky, CNN Pizza Hut is bringing back a fan favorite after a nearly 25-year hiatus. Beginning February 1, the “Big New…
Continue ReadingFed Chair Powell: Bringing down inflation requires ‘measures that are not popular’
By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell made his first public appearance of the year on Tuesday, stressing the importance of…
Continue ReadingOnions are so expensive in the Philippines they’re being smuggled into the country
By Kathleen Magramo, CNN From salads to stews, the humble onion is a key ingredient in nearly every Filipino dish. But now, the vegetable costs…
Continue ReadingFisher-Price recalls Rock ‘n Play Sleepers again after 8 more deaths
By Rob McLean, CNN Fisher-Price for a second time recalled its Rock ‘n Play Sleepers on Monday after at least eight infant deaths occurred…
Continue ReadingA US federal agency is considering a ban on gas stoves
By Ramishah Maruf, CNN A federal agency is considering a ban on gas stoves, a source of indoor pollution linked to childhood asthma. Richard Trumka…
Continue ReadingUS consumers increased their borrowing by $28 billion in November
By Alicia Wallace, CNN US consumers’ credit-hungry approach to spending continued in November, with borrowing rising by nearly $28 billion,…
Continue ReadingKey takeaways from the New York nurses strike
By Chris Isidore, CNN The 7,000 nurses who went on strike in New York Monday say the 19% pay hike that hospital management offered them was never the…
Continue ReadingWhy is Wall Street cheery all of a sudden?
By Paul R. La Monica, CNN It’s only early January, but so far in 2023 the pendulum on Wall Street has swung (to paraphrase Billy Joel) from…
Continue ReadingFederal regulators investigating Musk Tesla ‘Full Self Driving’ tweet
By Pete Muntean Federal regulators want to know what Elon Musk meant in a Tweet about disabling driver alerts on Tesla’s “Full Self…
Continue ReadingMcDonald’s ex-CEO will pay $400,000 for allegedly misleading investors about his firing
By Parija Kavilanz, CNN Disgraced former McDonald’s CEO Steve Easterbrook will pay $400,000 to settle charges that he allegedly misled…
Continue ReadingVirgin Orbit’s LauncherOne rocket suffers failure on first launch attempt from the UK
By Anna Cooban, Jackie Wattles, Tom Foreman, and Ross Levitt CNN Virgin Orbit’s modified Boeing 747 jet — dubbed “Cosmic Girl”…
Continue ReadingNew York nurses strike ends after tentative deal reached with hospitals
CNN, WABC, SPECTRUM NEWS NY1 By Chris Boyette and Artemis Moshtaghian, CNN A nurses strike at two private New York City hospital systems has come to…
Continue ReadingWorkers in China clash with police after reported layoffs at Covid test maker
By Wayne Chang and Michelle Toh, CNN Workers at a Chinese factory making Covid-19 test kits clashed with police over the weekend after their managers…
Continue ReadingVince McMahon returns to WWE as a board member
By Jordan Valinsky, CNN Former World Wrestling Entertainment chief executive Vince McMahon is returning to the company as a board member, after a…
Continue ReadingBonds are back, but for how long?
By Nicole Goodkind, CNN Business Stocks soared on Friday to their best day in more than a month. The Dow gained 700 points and the S&P 500 and…
Continue ReadingGoldman Sachs will lay off up to 3,200 workers this week
By Julia Horowitz, CNN Goldman Sachs will lay off as many as 3,200 employees this week as an uncertain economic and market climate pushes the bank to…
Continue ReadingUK nurses say strikes still on after ‘disappointing’ talks with government
By Hanna Ziady, CNN British nurses and ambulance drivers will press on with more strikes in a dispute over pay after talks with the government failed…
Continue ReadingThis giant economy wants its workers to get inflation-busting pay rises
By Emiko Jozuka, Kathleen Benoza and Michelle Toh, CNN Japan is grappling with the biggest drop in living standards in nearly a decade as inflation…
Continue Reading