Kohl’s and Gap have a surprising plan for this season’s unsold clothing
By Nathaniel Meyersohn, CNN Business Retailers are overstocked on clothing, and some are packing it away in hopes of selling it in future seasons.…
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Tesla must allow workers to wear clothing supporting union
The National Labor Relations Board said on Monday it was unlawful for Tesla to prohibit employees from wearing shirts bearing union insignia, ruling…
Continue Reading Consumers are still buying lots of furniture, electronics, home decor and clothing — from each other
By Parija Kavilanz, CNN Business Savvy consumers have found a way around sky-high inflation to keep buying more than just necessities. They’re…
Continue Reading The pandemic was bad for Britain’s iconic pubs. This could be worse
By Julia Horowitz, CNN Business First it was the coronavirus pandemic that forced pubs to shut their doors and rely on government support to survive…
Continue Reading Rich people are worried about spending. That’s bad news for everyone else
By Nicole Goodkind, CNN Business After a period of angst, Americans appear to be feeling a bit better about the economy. What’s happening: The…
Continue Reading Fed Chair Jerome Powell says ‘some pain’ is on the horizon. Here’s what that means
By Alicia Wallace, CNN Business In a blunt speech last Friday, Federal Reserve Chairman Jerome Powell warned that the central bank’s battle…
Continue Reading Mukesh Ambani prepares to hand a $220 billion empire to his children
By Diksha Madhok, CNN Business Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while…
Continue Reading China stocks hit four-week low as Covid cases spread and factory output shrinks
CNN By Laura He, CNN Business Chinese markets fell on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair…
Continue Reading China shuts world’s largest electronics market as Shenzhen imposes more lockdowns
By Nectar Gan and CNN’s Beijing bureau China’s southern city of Shenzhen on Monday shut down the world’s largest electronics market…
Continue Reading Indian billionaire Gautam Adani is now the world’s third richest man
By Michelle Toh, CNN Business Gautam Adani was already Asia’s richest man. Now he’s also the world’s third richest person,…
Continue Reading Snag a $3 movie ticket for National Cinema Day
By Zoe Sottile, CNN Movie attendance hasn’t bounced back after the pandemic, leaving Hollywood struggling to lure audiences back into theaters.…
Continue Reading Madam C.J. Walker, America’s first female self-made millionaire, is now a Barbie
By Zoe Sottile, CNN Madam. C.J. Walker, the first self-made female millionaire in the U.S., is the next female role model to be honored in…
Continue Reading DeLorean’s new car looks nothing like the one you remember. Here’s why
By Peter Valdes-Dapena, CNN Business If you’ve seen the new DeLorean Alpha5 electric car, you might be disappointed that it doesn’t look…
Continue Reading Stocks may fall even further. Here’s how to protect your portfolio
By Jeanne Sahadi, CNN Business Things were starting to look up for investors. After stocks got clobbered in the first half of the year, they started…
Continue Reading It now costs more than $300,000 to raise a child, thanks to inflation
By Ramishah Maruf, CNN Soaring inflation has made almost everything more expensive. And it has significantly increased the cost of one major budget…
Continue Reading Honda, LG announce $4.4 billion US battery factory for EVs
By Matt McFarland, CNN Business Honda has struck a deal with Korean battery giant LG Energy Solution to build a $4.4 billion US factory to supply its…
Continue Reading European power prices shatter records as energy crisis intensifies
By Julia Horowitz, CNN Business Power prices in Europe continue to smash records, intensifying the region’s energy crisis and fanning fears…
Continue Reading Stocks slip in volatile trading as investors prepare for more big rate hikes
By Paul R. La Monica, CNN Business Welcome to the lazy, crazy days of summer on Wall Street. Stocks fell again Monday in a choppy session. So it…
Continue Reading Stocks start off September with a late day rally
CNN By Paul R. La Monica, CNN Business New month. Same old market volatility. Stocks rallied at the end of first day of September, which is…
Continue Reading Starbucks’ Pumpkin Spice Latte is coming back at a higher price
By Jordan Valinsky, CNN Business Not even Starbucks’ Pumpkin Spice Latte is immune to inflation. The fall favorite, which returns Tuesday, is…
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