China’s Singles Day sales could top 1 trillion yuan even as the economy cools
By Michelle Toh, CNN Business China’s Singles Day, the world’s biggest annual shopping event, is known for regularly smashing sales…
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The UK economy is sliding into recession and Europe is set to follow
By Hanna Ziady, CNN Business The UK economy shrank in the third quarter, signaling the start of a recession that is likely to hit Europe next. UK GDP…
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Apple curbs AirDrop file sharing on devices in China
By Steven Jiang and Juliana Liu, CNN Apple has limited the use of the AirDrop wireless file sharing function on devices in China, just weeks after…
Continue ReadingIndia’s top court orders release of six people convicted of killing former PM Rajiv Gandhi
By Rhea Mogul and Swati Gupta, CNN India’s top court on Friday ordered the release of six people convicted of killing the country’s…
Continue Reading‘Wakanda Forever’ aims to recreate blockbuster magic. Disney and theaters are counting on it
By Frank Pallotta, CNN Business “Black Panther: Wakanda Forever” hits theaters this weekend, and with it comes the type of anticipation…
Continue ReadingChina scraps Covid flight bans, cuts quarantine for inbound travelers
By Kathleen Magramo, CNN Business China has reduced the amount of time travelers entering the country must spend in quarantine and removed a major…
Continue ReadingGap launches its store on Amazon
By Parija Kavilanz, CNN Business Gap announced Thursday that it has officially launched its store on Amazon. While shoppers were able to buy Gap…
Continue ReadingAlex Jones ordered to pay nearly half a billion dollars to Sandy Hook families in additional damages
By Oliver Darcy and Sonia Moghe, CNN A Connecticut judge on Thursday ordered right-wing conspiracy theorist Alex Jones to pay an additional $473…
Continue ReadingSome relief for consumers: Prices on a few grocery items are actually coming down
By Parija Kavilanz, CNN Business Is there anything at your local grocery store (besides avocados) that’s getting less — not more —…
Continue ReadingKFC Germany apologizes for advertising a Kristallnacht promotion
By Danielle Wiener-Bronner, CNN Business KFC Germany apologized for an “unacceptable” message sent to customers on Wednesday, which…
Continue ReadingHome prices rose almost everywhere in the US this summer
By Anna Bahney, CNN Business In case you needed more evidence of how much home prices have skyrocketed: Even as the housing market was cooling over…
Continue ReadingFred Hickman, who helped launch CNN Sports and YES Network, dead at 66
By Chris Isidore and David Close, CNN Fred Hickman, a pioneering sports broadcaster and anchor who helped to launch two major cable networks and…
Continue ReadingUK police ‘got it wrong’ by arresting journalists covering climate protests
By Anna Cooban, CNN Business UK police arrested and detained three journalists covering a climate protest earlier this week, raising concerns that…
Continue ReadingThis is the moment Wall Street has been waiting for
By Paul R. La Monica and Nicole Goodkind, CNN Stocks soared in their best day since 2020 on Thursday after new economic data showed that price…
Continue ReadingNew car prices are finally coming down. But not by much
By Peter Valdes-Dapena, CNN Business New car prices are finally coming down. A little, anyway. Cars are still selling, on average, for more than the…
Continue ReadingThe US monthly budget deficit dropped to $88 billion in October, down 47% for the year
By Alicia Wallace, CNN Business The US government recorded a monthly budget deficit of $88 billion in October, the Treasury Department reported…
Continue ReadingExclusive: Wendy’s is selling its first-ever holiday Frosty
By Jordan Valinsky, CNN Business Wendy’s is adding a holiday-themed Frosty to its menu for the first time ever. Beginning next Tuesday,…
Continue ReadingCrypto is in chaos as FTX files for bankruptcy
By Allison Morrow, CNN Business In the space of a week, a 30-year-old entrepreneur once hailed as a modern-day J.P. Morgan watched his digital…
Continue ReadingMortgage rates rise back above 7%
By Anna Bahney, CNN Business Mortgage rates have jumped back above 7%, after dropping last week. The 30-year fixed-rate mortgage averaged 7.08% in…
Continue ReadingHere’s what’s getting more expensive at the grocery store
By Danielle Wiener-Bronner, CNN Business Food is still getting more expensive, but at a slower pace than earlier this year. In the month of October,…
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