CNN - Business/Consumer Archives

The Ahmaud Arbery trial may not have happened without Larry Hobbs

How one local reporter’s instincts focused public attention on the Ahmaud Arbery case

November 28, 2021 10:56 AM CNN Newsource

By Ramishah Maruf, CNN Business The Ahmaud Arbery trial may not have happened without Larry Hobbs, a writer and reporter at The Brunswick News in…

Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies.

Cryptocurrency exchange Coinstore enters India despite pending curbs on trade

November 28, 2021 10:13 AM CNN Newsource

Reuters Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing…

Bloomberg reports the Quebec Maple Syrup Producers

Facing shortages, Canada taps its strategic reserves of maple syrup

November 28, 2021 9:59 AM CNN Newsource

By Ramishah Maruf, CNN Business Amid shortages, Canada is tapping into its strategic reserves. This time, for maple syrup. The Quebec Maple Syrup…

Weekly claims for unemployment benefits fell to 199

The job market is looking way better. It’s still playing catch-up

November 28, 2021 6:40 AM CNN Newsource

By Julia Horowitz, CNN Business More than 20 months into the pandemic, the US job market has reached a milestone. What’s happening: Weekly…

Need to buy a last-minute gift? Zipping over to the store may be a smarter bet to get what you need right away than ordering online and risking your package arrives too late.

Going to the store may be your smartest bet to navigate the supply chain crisis this holiday

November 27, 2021 1:05 PM CNN Newsource

By Nathaniel Meyersohn, CNN Business Video by Sofia Barrett, CNN Business The supply chain crisis means last-minute gift buyers may have little…

These major chains boomed as small retailers had to close up shop

November 27, 2021 11:55 AM CNN Newsource

by Nathaniel Meyersohn, CNN Business Many Americans are shopping small Saturday to support mom-and-pop clothing, toy, furniture, sporting goods,…

Craft beer might get even more expensive

November 27, 2021 7:23 AM CNN Newsource

By Alicia Wallace, CNN Business Your next can of craft beer might be a lot more expensive. Ball Corp., one of the world’s largest suppliers of…

A patron browses in the children's book section at Frugal Bookstore in Boston on Nov. 28

These major chains boomed as small retailers had to close up shop

November 27, 2021 6:54 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Many Americans are shopping small Saturday to support mom-and-pop clothing, toy, furniture, sporting goods,…

Black Friday doesn't carry the significance it once did for many US shoppers — blame the rise of online shopping holiday "Cyber Monday" and then Covid-19's impact on retail.

Black Friday bounces back from 2020. Shoppers hit stores again

November 26, 2021 3:31 PM CNN Newsource

By Nathaniel Meyersohn, CNN Business Black Friday doesn’t carry the significance it once did for many US shoppers — blame the rise of online…

Procter & Gamble Co. issued a recall for more than a dozen Old Spice and Secret-branded aerosol deodorants and sprays

Some Old Spice and Secret deodorants recalled after cancer-causing chemical is detected

November 26, 2021 8:46 AM CNN Newsource

By Jackie Wattles, CNN Business Procter & Gamble Co. issued a recall for more than a dozen Old Spice and Secret-branded aerosol deodorants and…

Thanksgiving weekend offers a box office feast for kids and adults

November 26, 2021 8:36 AM CNN Newsource

By Frank Pallotta, CNN Business This Thanksgiving weekend is offering a box office feast with two genres that have been lacking on the menu so far…

Thanksgiving weekend offers a box office feast for kids and adults

November 26, 2021 8:36 AM CNN

By Frank Pallotta, CNN Business This Thanksgiving weekend is offering a box office feast with two genres that have been lacking on the menu so far…

Stocks tumble as fears over new Covid-19 variant grip global markets.

Dow logs worst day in over a year as fears over new Covid-19 variant grip global markets

November 26, 2021 8:01 AM CNN

By Anneken Tappe Wall Street was in a frenzy on Black Friday as stocks around the world tumbled in the face of a new Covid-19 variant. US equities…

Dow logs worst day in over a year as fears over new Covid-19 variant grip global markets

November 26, 2021 7:34 AM CNN Newsource

By Anneken Tappe Wall Street was in a frenzy on Black Friday as stocks around the world tumbled in the face of a new Covid-19 variant. US equities…

SoftBank hit by a report that China may force Didi to quit Wall Street. A woman here walks past a SoftBank mobile shop in Tokyo on November 8.

SoftBank hit by report that China may force Didi to quit Wall Street

November 26, 2021 2:56 AM CNN Newsource

By Laura He, CNN Business Shares of SoftBank plunged about 5% in Tokyo on Friday after Chinese regulators reportedly asked Didi to delist from the…

US futures and oil plunge as new Covid variant fears slam global markets. People here walk outside the Nasdaq building in Times Square

Stocks and oil plunge as new Covid variant fears slam global markets

November 26, 2021 2:25 AM CNN Newsource

By Laura He and Mark Thompson, CNN Business Stocks fell and oil prices plunged more than 10% on Friday as the emergence of a new Covid-19 variant…

Farmers gather to mark the first anniversary of their protests on the outskirts of Delhi

Indian farmers forced Modi to back down on new laws. So why aren’t they going home?

November 26, 2021 2:07 AM CNN Newsource

By Esha Mitra and Rhea Mogul CNN Santosh Singh’s earliest memory is of tilling soil on his family’s farm. Now, the 70-year-old…

Sears is closing many stores including the Downey location and this one in Pasadena on Tuesday

This could finally be Sears’ and Kmart’s last holiday shopping season

November 25, 2021 11:13 AM CNN Newsource

By Chris Isidore, CNN Business This Black Friday could very likely be the start of the final holiday shopping season for Sears and Kmart, two brands…

The tiny apartment measures just 10 meters squared.

Ikea is offering a tiny apartment in Tokyo for less than $1 per month

November 25, 2021 9:26 AM CNN Newsource

By Jack Guy and Junko Ogura, CNN Business Swedish retailer Ikea is becoming a landlord in Japan with a tiny apartment it will rent out in Tokyo. The…

Shops in the United Kingdom could run short of wine and liquor ahead of Christmas because there aren't enough drivers to complete deliveries.

Country where 54 percent of adults drink alcohol once a week may run out of liquor for Christmas

November 25, 2021 6:53 AM CNN Newsource

By Walé Azeez, CNN Business Shops in the United Kingdom could run short of wine and liquor ahead of Christmas because there aren’t enough…

Germany is giving nearly two million workers a 25% pay rise

November 25, 2021 6:11 AM CNN Newsource

By Julia Horowitz, CNN Business Almost 2 million workers in Europe’s biggest economy are set for a big pay rise. Three German political parties…

Jamie Dimon said he "made a joke" during a recent trip to Hong Kong

Jamie Dimon says he regrets joking about the Chinese Communist Party

November 24, 2021 3:51 PM CNN

By Michelle Toh, CNN Business Jamie Dimon is trying to take back a joke about China and its powerful political machine. Speaking at an event in…

This tax would make wealthy corporations pay their fair share

November 24, 2021 11:27 AM CNN Newsource

Opinion by Reuven Avi-Yonah for CNN Business Perspectives Corporate America has perfected the art of dodging the taxes that everyone else pays. From…

Millions of Americans are leaving their jobs these days -- and they don't always have another one lined up.

How to financially prepare to quit your job

November 24, 2021 11:19 AM CNN Newsource

By Kathryn Vasel, CNN Business Millions of Americans are leaving their jobs these days — and they don’t always have another one lined up.…

Atomo Coffee currently offers a classic and ultra smooth cold brew product.

This startup wants you to like coffee-free coffee

November 24, 2021 11:12 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business Beyond Meat and Impossible Foods have persuaded customers to dig into cow-free burgers. Atomo Coffee wants…

This startup wants you to like coffee-free coffee

November 24, 2021 11:12 AM CNN

By Danielle Wiener-Bronner, CNN Business Beyond Meat and Impossible Foods have persuaded customers to dig into cow-free burgers. Atomo Coffee wants…

John Deere posted record annual income Wednesday despite the recently concluded five-week worker strike

John Deere posts record profit despite strike

November 24, 2021 5:29 AM CNN Newsource

By Chris Isidore, CNN Business John Deere posted record annual income Wednesday despite the recently concluded five-week worker strike, and it…

A customer shops for groceries at a store in San Francisco

Inflation isn’t going away. Here’s how to make money from it

November 24, 2021 9:01 AM CNN Newsource

By Paul R. La Monica, CNN Business Nobody in their right mind likes to pay higher prices for stuff. But if you’re an investor, there is a way…

Jobless claims hit lowest level since 1969

November 24, 2021 10:48 AM CNN

By Anneken Tappe, CNN Business Weekly claims for unemployment benefits finally fell below their pre-pandemic levels, according to data from the Labor…

A shopper carries bags over her shoulder while passing a holiday display window outside the Macy's store in the Downtown Crossing district

Going to the store may be your smartest bet to navigate the supply chain crisis this holiday

November 24, 2021 10:48 AM CNN Newsource

The supply chain crisis means last-minute gift buyers may have little choice but to go shopping the old-fashioned way this holiday…

The Turkish lira has lost 40% of its value so far this year.

Turkey is going its own way on inflation. The lira is crashing

November 24, 2021 10:46 AM CNN Newsource

By Julia Horowitz, Isil Sariyuce and Jomana Karadsheh, CNN Business Turkey is plunging into a fresh currency crisis as investors dump the lira in…

Thanksgiving gas prices are the highest since 2012

November 24, 2021 10:45 AM CNN Newsource

Drivers hitting the road this Thanksgiving will be greeted by the highest prices at the pump in nearly a…

Gap said it lost $300 million in sales heading into the holiday season because of Covid-related factory closures

Gap lost $300 million in sales because of supply chain mess

November 24, 2021 9:05 AM CNN Newsource

By Parija Kavilanz, CNN Business Gap said it lost $300 million in sales heading into the holiday season because of Covid-related factory closures,…

A customer pumps gas into her vehicle at a gas station on November 22

Thanksgiving gas prices are the highest since 2012

November 24, 2021 8:17 AM CNN Newsource

By Matt Egan Drivers hitting the road this Thanksgiving will be greeted by the highest prices at the pump in nearly a decade. The average prices…

Going to the store may be your smartest bet to navigate the supply chain crisis this holiday

November 24, 2021 7:08 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Video by Sofia Barrett, CNN Business The supply chain crisis means last-minute gift buyers may have little…

Going to the store may be your smartest bet to navigate the supply chain crisis this holiday

November 24, 2021 7:08 AM CNN

By Nathaniel Meyersohn, CNN Business Video by Sofia Barrett, CNN Business The supply chain crisis means last-minute gift buyers may have little…

Jobless claims hit lowest level since 1969

November 24, 2021 7:07 AM CNN Newsource

By Anneken Tappe, CNN Business Weekly claims for unemployment benefits finally fell below their pre-pandemic levels, according to data from the Labor…

US price surges eased in the third quarter of the year. A pedestrian carries a shopping bag in San Francisco

A key measure of inflation rose to a 31-year high in October

November 24, 2021 6:34 AM CNN Newsource

By Anneken Tappe, CNN Business US price surges eased in the third quarter of the year. But they climbed to a more than 30-year high in October —…

Customers visit a Christmas-decorated shopping center in Leipzig

The global economy buckles up for another uncertain winter

November 24, 2021 6:00 AM CNN Newsource

By Julia Horowitz, CNN Business Economists around the world are closely watching a resurgence of coronavirus cases across Europe for signs of what…

India Prime Minister Narendra Modi's government on Tuesday said that it is preparing to introduce a bill that would regulate digital currencies. Security personnel are shown here outside the Parliament House during the ongoing monsoon session on August 4

India sows confusion with plan to ban ‘private cryptocurrencies’

November 24, 2021 3:47 AM CNN Newsource

By Diksha Madhok, CNN Business India is flirting with a ban on cryptocurrencies. Prime Minister Narendra Modi’s government on Tuesday said that…

Skyrocketing infections in Germany have sparked questions about whether the region's largest economy could reimpose sweeping restrictions. A Christmas market is shown here on November 22

Covid surge threatens Europe’s economic recovery

November 24, 2021 2:10 AM CNN Newsource

By Julia Horowitz, CNN Business A resurgence of coronavirus cases across Europe is feeding fears that the region’s strong economic recovery…

Jamie Dimon says he regrets joking about the Chinese Communist Party

November 24, 2021 12:09 AM CNN Newsource

By Michelle Toh, CNN Business Jamie Dimon is trying to take back a joke about China and its powerful political machine. Speaking at an event in…

Gulpreet Singh begs for food outside Delhi's South Campus station. He struggles to breathe in the pollution.

A silent killer is choking India’s capital. For millions, there’s no choice but to breathe it in

November 23, 2021 6:21 PM CNN Newsource

By Esha Mitra and Rhea Mogul, CNN Gulpreet Singh begs for food from a dirty hemp mat spread on the sidewalk outside Delhi’s South Campus metro…

The White House announced Tuesday that India

Why Biden’s bid to lower gas prices is more of a Band-Aid than a game changer

November 23, 2021 4:33 PM CNN Newsource

By Matt Egan, CNN Business For months, OPEC and its allies refused pleas from Washington and other world capitals to pump more oil. Now, a US-led…

A jury has awarded more than $26 million in damages after finding the White nationalists who organized and participated in a violent 2017 rally in Charlottesville

Ohio jury finds pharmaceutical chains responsible in precedent-setting opioid suit

November 23, 2021 4:12 PM CNN Newsource

By Evan Simko-Bednarski, CNN A jury in Ohio ruled Tuesday that three major pharmaceutical chains bore responsibility for the opioid epidemic in two…

Best Buy CEO Corie Barry said theft is a growing problem at the company's stores — and it is implementing added security measure to safeguard employees and shoppers.

Best Buy CEO: Jump in theft is traumatizing staff

November 23, 2021 1:55 PM CNN

By Parija Kavilanz, CNN Business Best Buy CEO Corie Barry said theft is a growing problem at the company’s stores — and it is implementing…

The holiday travel season is off to a relatively smooth start

Holiday travel is always a nightmare, but this year will be worse

November 23, 2021 1:52 PM CNN Newsource

By Chris Isidore, CNN Business The holiday travel season is off to a relatively smooth start, with good weather and few canceled flights. But many in…

Store workers at major US chains are getting to spend Thanksgiving at home as more retailers decide to close their doors for the holiday. But not all retail staff will get the day off.

Stores are closing on Thanksgiving, but thousands of retail staff are still working

November 23, 2021 1:02 PM CNN Newsource

By Nathaniel Meyersohn, CNN Business Store workers at major US chains are getting to spend Thanksgiving at home as more retailers decide to close…

Best Buy CEO: Jump in theft is traumatizing staff

November 23, 2021 12:27 PM CNN Newsource

By Parija Kavilanz, CNN Business Best Buy CEO Corie Barry said theft is a growing problem at the company’s stores — and it is implementing…

The increased focus by big businesses and governments on cleaner environmental policies could be inflationary in the short-term. Wind turbines are shown on June 15

Not just the supply chain: Going green is hiking prices, too

November 23, 2021 12:05 PM CNN Newsource

By Paul R. La Monica, CNN Business President Biden and Federal Reserve chair Jerome Powell are committed to fighting inflation. But the two may face…

A key measure of inflation rose to a 31-year high in October

November 23, 2021 12:05 PM CNN

By Anneken Tappe, CNN Business US price surges eased in the third quarter of the year. But they climbed to a more than 30-year high in October —…

China is joining the US and other countries in tapping emergency oil reserves

November 23, 2021 10:34 AM CNN

By Walé Azeez, CNN Business China confirmed on Wednesday that it would join the United States and other major energy-consuming nations in releasing…

China is joining the US and other countries in tapping emergency oil reserves

November 23, 2021 10:34 AM CNN Newsource

By Walé Azeez, CNN Business China confirmed on Wednesday that it would join the United States and other major energy-consuming nations in releasing…

The surprising reason why Ocean Spray cranberry sauce labels are upside-down

November 23, 2021 8:31 AM CNN Newsource

By Jordan Valinsky, CNN Business Perhaps one of the greatest mysteries of Thanksgiving is the cranberry sauce — and we’re not talking about…

Breakfast is going to be more expensive next year

November 23, 2021 10:15 AM CNN Newsource

Expect to pay more for some of your favorite cereals, snacks, soups and cooking brands next…

Dollar Tree hikes prices 25%. Most items will cost $1.25

November 23, 2021 10:20 AM CNN Newsource

Dollar Tree will soon be $1.25…

Dollar Tree said in a quarterly earnings release Tuesday that its decision to raise prices to $1.25 permanently

Dollar Tree hikes prices 25%. Most items will cost $1.25

November 23, 2021 8:38 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Dollar Tree will soon be $1.25 tree. The company — one of America’s last remaining true dollar stores…

Jeff Bezos’ rocket company, Blue Origin, to send Michael Strahan to edge of space

November 23, 2021 7:33 AM CNN Newsource

By Jackie Wattles, CNN Business Jeff Bezos’ rocket company, Blue Origin, announced that it would be launching Good Morning America host Michael…

General Mills said it will increase prices in January for brands such as Progresso.

Breakfast is going to be more expensive next year

November 23, 2021 7:29 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Expect to pay more for some of your favorite cereals, snacks, soups and cooking brands next year. General Mills…

Atom Bank CEO Mark Mullen says the five-day week is 'no longer fit for purpose.'

This UK bank has moved to a four-day work week without cutting pay

November 23, 2021 7:09 AM CNN Newsource

By Anna Cooban, CNN Business A British bank has adopted a four-day work week for all its employees without cutting pay, saying it’s the largest…

Why Jay Powell’s second Fed term could be even tougher than his first

November 23, 2021 6:30 AM CNN Newsource

By Julia Horowitz, CNN Business The news moves fast. Yesterday, we looked at whether President Joe Biden would reappoint Federal Reserve Chair Jerome…

Paytm is still struggling to convince investors after disastrous IPO

November 23, 2021 2:09 AM CNN Newsource

By Jill Disis, CNN Business Paytm is starting to stage a recovery from its disastrous stock market debut last week, but the digital payments firm…

Tucker Carlson's interview with Kyle Rittenhouse

Tucker Carlson exalts Kyle Rittenhouse during first post-verdict interview: He’s a ‘sweet kid’

November 22, 2021 10:10 PM CNN Newsource

By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

Tucker Carlson exalts Kyle Rittenhouse during first post-verdict interview: He’s a ‘sweet kid’

November 22, 2021 10:10 PM CNN

By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

Commuters wade through a water-logged road following heavy rains in Bangalore on November 22

At least 35 dead after heavy rain batters south India

November 22, 2021 9:01 PM CNN Newsource

By Manveena Suri, CNN At least 35 people have been killed and dozens more remain missing after heavy rains battered parts of southern India,…

Nearly a dozen Congressional Democrats are urging President Joe Biden to combat high gas prices by not only releasing barrels from the US Strategic Petroleum Reserve but by banning US oil exports

Exclusive: House Democrats call for Biden to ban oil exports and tap emergency reserves

November 22, 2021 3:36 PM CNN Newsource

By Matt Egan, CNN Business Nearly a dozen Congressional Democrats are urging President Joe Biden to combat high gas prices by not only releasing…

Tiffany is selling its most expensive piece of jewelry ever

November 22, 2021 1:16 PM CNN Newsource

By Parija Kavilanz, CNN Business Tiffany & Co. just unveiled its newest most-expensive bling ever. “The World’s Fair…

The United Nations on Monday pushed for urgent action to prop up Afghanistan's banks

U.N. warns of ‘colossal’ collapse of Afghan banking system

November 22, 2021 12:50 PM CNN Newsource

Reuters The United Nations on Monday pushed for urgent action to prop up Afghanistan’s banks, warning that a spike in people who are unable to…

The Chinese economy presents some unique challenges for investors. On one hand

How to avoid the world’s second biggest economy in your portfolio

November 22, 2021 12:41 PM CNN Newsource

By Paul R. La Monica, CNN Business The Chinese economy presents some unique challenges for investors. On one hand, China is home to several of the…

The Rivian R1T arrives on stage as a 2022 Truck of the Year Finalist at the LA Auto Show in Los Angeles

Rivian shares plunge after saying it won’t work with Ford on EVs

November 22, 2021 11:52 AM CNN Newsource

By Chris Isidore, CNN Business Shares of upstart electric truck maker Rivian plunged as much as 17% on Monday after the company said that it is no…

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