CNN – Business/Consumer

By Jennifer Hansler, Kylie Atwood and Rhea Mogul, CNN The United States is in “deep” talks with India over its reliance on Russian arms and energy, a US State Department official said Tuesday, in a development that could further isolate Moscow on the international stage. Russia “is no longer a reliable weapons supplier” and Indian

By Laura He, CNN Business One of China’s most popular livestreamers quietly resurfaced online Tuesday night, after a three-month absence linked to his appearance with a cake shaped like a tank, in what many believed was an oblique reference to the Tiananmen Square massacre. On Tuesday night, Li Jiaqi reappeared on Alibaba’s Taobao Live, a

By Rhea Mogul and Manveena Suri, CNN Movie theaters in Indian-controlled Kashmir have reopened their doors, more than two decades after they were forced shut during an armed rebellion that saw multiple threats and attacks on crowded public places. The lieutenant governor of Jammu and Kashmir, Manoj Sinha, inaugurated the disputed region’s newest cinema on

By Alison Kosik and Kate Trafecante, CNN Business The New York State Comptroller said Tuesday that several of New York City’s fiscal challenges could result in a budget gap nearing $10 billion by 2026 — potentially affecting essential services in the future. Total revenue is expected to decline by $10.5 billion in fiscal year 2023,

By Anna Cooban and Arnaud Siad, CNN Business Labor unions in the United Kingdom offered the country a brief respite from a wave of strike action during the period of national mourning for the late Queen Elizabeth II. Now, one day after the monarch’s funeral, strikes are back on as workers press their claims for

By Paul R. La Monica, CNN Business Corporate America is starting to brace for a recession. Economic bellwether FedEx stunned Wall Street last week with a massive earnings warning and tepid outlook for the global economy. FedEx’s bad news overshadowed a more promising development on Thursday, the agreement between railroad operators and unions to avoid

By Anna Bahney Home building bounced back a bit last month even though demand for new homes among buyers had started to cool off and the cost of building supplies remained high. August housing starts, a measure of new home construction, jumped 12.2% from July, and were down 0.1% from a year ago, according to

By Angela Dewan, CNN Business Rich economies should hit oil and gas companies with new windfall taxes to provide help for countries suffering from climate change, and people struggling with soaring energy and food bills, UN Secretary General António Guterres said Tuesday. The UN chief accused energy giants of “feasting on hundreds of billions of

By Matt McFarland, CNN Business Gabe Klein, who has led transportation departments in Washington, DC and Chicago, will head the Biden administration’s $7.5 billion program to build out the country’s electric vehicle charging network. Klein will serve as executive director of the Joint Office of Energy and Transportation, which was established by the bipartisan infrastructure

By Chris Isidore, CNN Business The still-clogged global supply chain continues to wreak havoc on the auto industry. Ford said late Monday it will end September with between 40,000 and 45,000 large pickups and SUVs that it can’t finish because it doesn’t have all the parts. Negotiations on various supplies, which Ford did not identify,