CNN – Business/Consumer

By Jeanne Sahadi, CNN After having surgery to remove a small cancerous tumor from his neck last year, Publicis Groupe CEO Arthur Sadoun decided to tell his employees, clients and shareholders of his condition. He still needed to undergo radiation and chemotherapy, and explained to them what that would mean for his work schedule. While

By Diksha Madhok, CNN India will overtake China this year to become the world’s most populous country. The likelihood of India passing that major milestone within a few months shot up Tuesday, when China reported that its population shrank in 2022 for the first time in more than 60 years. This shift will have significant

By Simone McCarthy, CNN China’s population shrank in 2022 for the first time in more than 60 years, a new milestone in the country’s deepening demographic crisis with significant implications for its slowing economy. The population fell in 2022 to 1.411 billion, down some 850,000 people from the previous year, China’s National Bureau of Statistics

By Laura He, CNN China’s economy expanded by just 3% in 2022, far below the government’s own target, marking one of the worst performances in nearly half a century. Growth was impacted heavily by months of widespread Covid lockdowns and a historic downturn in the property market. Still, the number came in slightly better than

By Michelle Toh, CNN Netflix is planning its largest-ever lineup of South Korean content, with 34 new and returning titles set to roll out this year. The streaming giant made the announcement Tuesday. It said that audience data showed “over 60% of all Netflix members” watched Korean titles last year. The nearly three dozen new

By Peter Valdes-Dapena, CNN Business Not that long ago, cars from the 1990s were just used cars. And, really, most of them still are, if they’re still running at all. But as millenials get older, gain some disposable income, and pine for the cars of their own youth, many of these cars have crossed the

By Alicia Wallace, CNN The pandemic dislodged the global supply chain, hurling once smoothly running businesses, industries and economies into a state of disarray. After almost three years of enduring wild swings and extremes, the system is slowly getting up to speed and into better sync: Ocean freight timelines are on a steady decline, ports

By Michelle Toh, CNN Global air traffic will boom this year, returning to pre-pandemic levels in June, according to a new report. On Monday, international aircraft leasing company Avolon said it expected a full recovery in passenger traffic over the coming months, led by the reopening of markets in Asia, especially China. Andy Cronin, the

By Laura He, CNN A number of regional governments in China have revealed the enormous sums they’ve spent on fighting the pandemic, reinforcing a previous state media report suggesting that mounting costs were a key reason why the country abruptly abandoned its zero-Covid policy. On January 8, when China reopened its borders and formally downgraded

By Jackie Wattles, CNN SpaceX’s Falcon Heavy rocket, the towering launch vehicle known for its boosters’ aerial acrobatics and synchronized landings when returning to Earth, took to the skies Sunday, delivering national security payloads to orbit for the US military. The mission, called USSF-67, took off at 5:56 p.m. ET from Kennedy Space Center in

By Julia Horowitz, CNN Grain is once again leaving Ukrainian ports. The price of fertilizer is falling sharply. Billions of dollars in aid has been mobilized. Yet the world is still in the grips of the worst food crisis in modern history, as Russia’s war in Ukraine shakes global agricultural systems already grappling with the

By Ramishah Maruf, CNN Martin Luther King Jr. Day celebrates the birthday of civil rights leader the Rev. Martin Luther King Jr., who won the Nobel Peace Prize in 1964. He was assassinated four years later. This year, the holiday falls on Monday, January 16. It’s a federal holiday, which means government agencies, banks and

By Nicole Goodkind, CNN To everything there is a season and now is the time for earnings. Over the past few weeks investors have been squarely focused on inflation and Fed policy, but now market reactions are getting bigger for earnings (especially the misses) and smaller for economic data. What’s happening: “We expect earnings to

By Ramishah Maruf, CNN First, it was disposable cameras. Then it was low-rise jeans. Now, Gen-Z’s latest “vintage” obsession is the flip phone — that mid-1990s era phone that has suddenly become oh so popular with millennials. Today, these smaller, lightweight devices — some available for as little as $20 at big box retailers like