CNN - Business/Consumer Archives - Page 42 of 546

Tom Brady and Gisele Bundchen’s FTX stake will probably get wiped out

January 10, 2023 11:32 AM CNN Newsource

By Allison Morrow, CNN Less than a year after Tom Brady and Gisele Bundchen appeared in a series of Super Bowl ads for FTX, the former couple have…

French workers can retire much younger than most. That’s about to change

January 10, 2023 10:55 AM CNN Newsource

By Hanna Ziady and Joseph Ataman, CNN The French government is planning to raise the official retirement age by two years as part of a long-delayed…

Fed Chair Powell: Bringing down inflation requires ‘measures that are not popular’

January 10, 2023 10:01 AM CNN

CNN, CNN BUSINESS By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell made his first public appearance of the year on Tuesday, stressing…

Rolls-Royce, Bentley and Lamborghini had record sales last year, again

January 10, 2023 9:12 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Despite broad concerns about the economy and fears of an impending recession, the ultra-wealthy seem to be doing…

Two global recessions in one decade? That hasn’t happened in over 80 years

January 10, 2023 7:30 AM CNN Newsource

By Julia Horowitz, CNN The global economy is just one more knock away from a second recession in the same decade, something that hasn’t…

Disney CEO Bob Iger orders workers to return to the office 4 days a week

January 10, 2023 7:23 AM CNN Newsource

By Jordan Valinsky, CNN Business Disney CEO Bob Iger is clamping down on remote workers. Iger, who recently returned to Disney’s helm after a…

Bed Bath & Beyond is running out of time

January 10, 2023 7:20 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Bed Bath & Beyond lost a third of its sales during the holiday run-up and is running out of options to…

Exclusive: Molson Coors is launching its first-ever zero-proof cocktail

January 10, 2023 7:11 AM CNN Newsource

By Jordan Valinsky, CNN Business Molson Coors is typically known for its lineup of beers and booze, but its newest drink isn’t either. Enter…

Coinbase to lay off 20% of staff as crypto winter continues

January 10, 2023 6:45 AM CNN Newsource

By Paul R. La Monica, CNN Business The crypto winter is apparently not over yet. Coinbase announced Tuesday that it was laying off 950 people, about…

Bruised tech investors are hedging their bets

January 10, 2023 6:18 AM CNN Newsource

By Nicole Goodkind, CNN There are two certainties in today’s market: The tech sector has been beaten down and interest rates are higher. And…

Encouraging inflation news: Online prices keep dropping

January 10, 2023 6:01 AM CNN Newsource

By Matt Egan In a positive sign for inflation-weary consumers, online prices dropped in December as retailers resorted to deep discounts to lure…

M&M’s new packaging is causing a stir

January 10, 2023 5:41 AM CNN Newsource

By Jordan Valinsky, CNN M&M’S is making a statement with its latest candy pack, which features an all-female set of characters —…

Abercrombie & Fitch is cool again

January 10, 2023 5:17 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Abercrombie & Fitch has shed its perfume-filled mall stores, shirtless models and logo sweatshirts to win…

Asian stocks enter bull market as investors bet on China

January 10, 2023 4:57 AM CNN Newsource

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…

Pizza Hut is bringing back a fan favorite from the ’90s

January 10, 2023 4:32 AM CNN Newsource

By Jordan Valinsky, CNN Pizza Hut is bringing back a fan favorite after a nearly 25-year hiatus. Beginning February 1, the “Big New…

Fed Chair Powell: Bringing down inflation requires ‘measures that are not popular’

January 10, 2023 4:12 AM CNN Newsource

By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell made his first public appearance of the year on Tuesday, stressing the importance of…

Onions are so expensive in the Philippines they’re being smuggled into the country

January 10, 2023 1:13 AM CNN Newsource

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…

Fisher-Price recalls Rock ‘n Play Sleepers again after 8 more deaths

January 9, 2023 8:19 PM CNN Newsource

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…

A US federal agency is considering a ban on gas stoves

January 9, 2023 4:26 PM CNN Newsource

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…

US consumers increased their borrowing by $28 billion in November

January 9, 2023 2:32 PM CNN Newsource

By Alicia Wallace, CNN US consumers’ credit-hungry approach to spending continued in November, with borrowing rising by nearly $28 billion,…

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