CNN-Business-Consumer Archives

Big Lots is opening 500 stores

January 12, 2022 4:39 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Big Lots is betting shoppers will still want to buy cheap couches and pillows in person for years to come. The…

KFC Australia is running low on chicken and McDonald’s Japan is restricting sales of french fries

January 12, 2022 2:43 AM CNN Newsource

By Michelle Toh, CNN Business If you’re looking for your usual order at a KFC in Australia or McDonald’s in Japan these days, you might…

Citi to pull out of Mexican consumer banking business

January 11, 2022 3:23 PM CNN Newsource

By Allison Morrow, CNN Business Citigroup is ending its consumer banking operation in Mexico as part of a broad strategic shift under CEO Jane…

Oil prices climb to two-month high

January 11, 2022 2:23 PM CNN Newsource

By Matt Egan, CNN Business US oil prices rose sharply on Tuesday, climbing above $81 a barrel for the first time in two months. Crude closed at…

Welcoming immigrants would cool off inflation, US Chamber of Commerce CEO says

January 11, 2022 12:58 PM CNN Newsource

By Matt Egan, CNN Business The US Chamber of Commerce is calling for doubling the number of legal immigrants into America as a way to ease inflation…

This is the worst inflation in nearly 40 years. But it was so much worse back then

January 11, 2022 12:23 PM CNN Newsource

By Chris Isidore, CNN Business US prices for just about everything — from cars and gasoline to food and clothing — are rising at the…

Americans are getting themselves back into debt

January 11, 2022 11:29 AM CNN Newsource

By Alicia Wallace, CNN Business America’s love of debt-fueled spending is making a comeback. During the pandemic, some consumer balance sheets…

United Airlines is reducing flights amid Omicron surge

January 11, 2022 10:18 AM CNN Newsource

by Pete Muntean, CNN United Airlines said it is reducing its flight schedule in hopes of stemming Covid-related staffing shortages that have caused…

Oreo is celebrating its 110th birthday with a first-ever flavor

January 11, 2022 9:34 AM CNN Newsource

By Jordan Valinsky, CNN Business Oreo is trying something totally new for its 110th birthday. For the celebratory occasion, Oreo is releasing a…

Korean automakers outsold Honda in the US for the first time

January 11, 2022 9:06 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business In 2021, Honda was outsold in the United States by the combined forces of two South Korean brands, Hyundai and…

US grounded planes as a ‘precaution’ after a North Korean missile launch

January 11, 2022 8:28 AM CNN Newsource

By Oren Liebermann, Pete Muntean and Barbara Starr, CNN Business An unusual ground stop was issued to some pilots for a short period of time…

No more fees for bounced checks at this bank

January 11, 2022 7:32 AM CNN Newsource

By Paul R. La Monica, CNN Business Fees for bounced checks or lacking enough money in your account could soon be a thing of the past. Bank of America…

Drivers, get ready for $4 gas

January 11, 2022 7:10 AM CNN Newsource

Opinion by Tom Kloza for CNN Business Perspectives Americans all over the country have been paying higher prices at the pump. And if Omicron…

It’s the biggest deal in gaming. Why is the FarmVille maker so hot?

January 11, 2022 6:33 AM CNN Newsource

By Julia Horowitz, CNN Business The company behind Grand Theft Auto is ponying up a lot of money to buy Zynga, the mobile game developer best known…

Global experts are very worried about the future, Davos survey finds

January 11, 2022 6:22 AM CNN Newsource

By Charles Riley, CNN Business Many business leaders, politicians and academics are overwhelmingly pessimistic about the threat Covid-19 still poses…

Customers are furious after energy supplier tells customers to cuddle pets to keep warm

January 11, 2022 5:23 AM CNN Newsource

By Lianne Kolirin, CNN Business A British energy supplier has apologized for the “poorly judged and unhelpful” advice sent to customers…

Biden regulators could rain on Trump’s SPAC parade

January 11, 2022 4:43 AM CNN Newsource

By Matt Egan, CNN Business Former President Donald Trump is plotting a return to Wall Street with a new media company taking aim at Big Tech. But…

Another big Chinese real estate developer might need to sell off property

January 11, 2022 12:34 AM CNN Newsource

By Laura He, CNN Business China’s real estate sector is having a rocky start in 2022, as some of the country’s most high-profile…

Crypto CEO becomes one of the world’s richest billionaires

January 10, 2022 11:58 PM CNN Newsource

By Michelle Toh, CNN Business A cryptocurrency CEO has become one of the richest people on Earth. Changpeng “CZ” Zhao, who runs the…

Jerome Powell’s pitch for a second term: America can’t afford runaway inflation

January 10, 2022 3:28 PM CNN Newsource

By Matt Egan Federal Reserve Chairman Jerome Powell is pledging not to allow inflation to become ingrained in the American economy, according to…

Robert Durst, convicted murderer and subject of HBO’s ‘The Jinx,’ has died

January 10, 2022 12:39 PM CNN Newsource

By Paul Vercammen and Faith Karimi, CNN Robert Durst, the eccentric millionaire who fascinated viewers as the subject of HBO’s documentary…

Here’s when you can start filing your 2021 federal tax returns

January 10, 2022 10:37 AM CNN Newsource

By Jeanne Sahadi, CNN Business The IRS said Monday it would start accepting 2021 federal tax returns on Monday, January 24. The tax filing deadline…

Who’s to blame for inflation? It’s complicated

January 10, 2022 10:01 AM CNN Newsource

By Allison Morrow, CNN Business President Joe Biden and other politicians will tell you inflation is Corporate America’s fault. Corporate…

Fox installs right-wing flame-thrower Jesse Watters to 7 p.m. slot, cementing network’s new programming strategy

January 10, 2022 9:42 AM CNN Newsource

By Oliver Darcy, CNN Business Jesse Watters, the right-wing talk show host who throughout his career has courted controversy with incendiary…

Dow falls nearly 165 points, but tech stocks make a huge comeback

January 10, 2022 8:52 AM CNN Newsource

By Paul R. La Monica, CNN Business For some time, many investing experts have been predicting there will be a shift away from big tech towards value…

Goldman Sachs has a new prediction that could affect your wallet

January 10, 2022 8:45 AM CNN Newsource

By Matt Egan, CNN Business The Federal Reserve is likely to raise interest rates four times this year in response to high inflation and low…

Think 2021 was bad? Not for Rolls-Royce, Bentley and Lamborghini

January 10, 2022 8:09 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Americans may be feeling uneasy about the economy, but if sales of ultra-luxury cars are any indication, the…

Grand Theft Auto, meet FarmVille

January 10, 2022 7:52 AM CNN Newsource

By Paul R. La Monica, CNN Business Zynga, the mobile game developer known for hits like FarmVille, Words With Friends and a popular Texas…

The next front in fighting climate change: your home

January 10, 2022 7:13 AM CNN Newsource

Opinion by Glenn Kelman for CNN Business Perspectives The Build Back Better bill, if it ever comes to pass, now seems unlikely to include any major…

Arby’s new sandwich is so spicy it comes with a free shake

January 10, 2022 7:05 AM CNN Newsource

By Jordan Valinsky, CNN Business Basically every fast food chain has a spicy sandwich on sale, but Arby’s version is so hot that it includes a…