CNN-Business-Consumer

By Nathaniel Meyersohn, CNN Business Add Nike to the list of brands and stores discounting excess merchandise to clear it off shelves. Nike said…

By Parija Kavilanz, CNN Business Spanx, a brand founded by shapewear pioneer Sara Blakely, has named Kim Jones her successor as CEO. The…

By Anna Cooban, CNN Business EU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some…

Martha C. White for CNN Business After hitting an alarming 40-year high in June, the Federal Reserve’s preferred benchmark for consumer…

By Nicole Goodkind, CNN Business Warnings of global recession are widespread, inflation is persistent and Russia is escalating the crisis in Europe.…

By Chris Isidore, CNN Business Florida homeowners were already facing an expensive and difficult market for home insurance before Hurricane Ian. The…

By Amarachi Orie, CNN Business The portrait of King Charles III that will feature on British coins has been unveiled by the Royal Mint, the official…

By Laura He, CNN Business Asian markets are careening toward their worst month since the Covid pandemic began, hit by a mighty US dollar and rising…

By Allison Morrow, CNN Business All week, there have events in the news that have come in under of the banner of “this hasn’t happened…

By Jackie Wattles, CNN Officials at NASA have signed a Space Act Agreement with SpaceX to investigate the benefits and risks of having a private…

By Matt Egan, CNN Business US officials are increasingly troubled by the United Kingdom’s proposal to slash taxes at a time of crushing…

By Anna Bahney, CNN Business Think mortgage rates are high now? Connie Strait remembers when she was starting her career in real estate in the early…

By Reuters and Anna Cooban, CNN Business The German government announced plans to borrow €200 billion ($195 billion) to cap natural gas prices for…

By Paul R. La Monica, CNN Business The third quarter is about to end — and investors are wishing the past nine months good riddance. Stocks…

By Anna Bahney, CNN Business Mortgage rates surged for the sixth week in a row, moving closer to 7%. The 30-year fixed-rate mortgage averaged 6.70%…

By Chris Isidore, CNN Business High prices and rising interest rates are putting used cars out of reach for a growing number of car shoppers.…

By Nathaniel Meyersohn, CNN Business You may not be anywhere close to ready for the holidays — but retail chains certainly are. Christmas trees are…

By Alicia Wallace, CNN Business The number of first-time claims for unemployment benefits dropped considerably last week, underscoring how employers…

By Alicia Wallace, CNN Business The US economy shrank by 0.6% during the second quarter of the year, according to the latest gross domestic product…

By Nicole Goodkind, CNN Business The global bond market is having a historically awful year. The yield on the 10-year US Treasury bond, a proxy for…

By Nathaniel Meyersohn, CNN Business We have all heard of Band-Aid, Tylenol, Benadryl and Johnson’s baby powder. We have never heard of the new…

By Michelle Toh, CNN Business Hong Kong has finally secured commitments from some of the world’s biggest banks to participate in a long-awaited…

By Laura He, CNN Business China’s yuan hovered near record lows against the US dollar on the offshore market on Thursday, as major currencies…