CNN – Business/Consumer

By Ramishah Maruf, CNN Business Amid shortages, Canada is tapping into its strategic reserves. This time, for maple syrup. The Quebec Maple Syrup Producers said it is releasing roughly 50 million pounds from its strategic maple syrup reserves, the trade group confirmed to CNN Business. That’s almost half of the stockpile. The government-supported organization, which

By Julia Horowitz, CNN Business More than 20 months into the pandemic, the US job market has reached a milestone. What’s happening: Weekly claims for unemployment benefits fell to 199,000 last week after seasonal adjustments, their lowest level since 1969. They hit a peak of 6.15 million in April 2020. So, does that mean employment

By Nathaniel Meyersohn, CNN Business Video by Sofia Barrett, CNN Business The supply chain crisis means last-minute gift buyers may have little choice but to go shopping the old-fashioned way this holiday season. High demand, combined with supply chain delays, materials’ shortages and troubles hiring workers, are shrinking the availability of items both online and

by Nathaniel Meyersohn, CNN Business Many Americans are shopping small Saturday to support mom-and-pop clothing, toy, furniture, sporting goods, hardware and electronics’ stores. But this year’s Small Business Saturday promotion is unlikely to change the fortunes of independent shops in America, which have diverged dramatically from their larger rivals. Small retailers have been squeezed out

By Alicia Wallace, CNN Business Your next can of craft beer might be a lot more expensive. Ball Corp., one of the world’s largest suppliers of aluminum cans, is sending shockwaves throughout the craft beer world after lifting the minimum number of cans certain producers must order and saying it will raise prices. Ball said

By Nathaniel Meyersohn, CNN Business Many Americans are shopping small Saturday to support mom-and-pop clothing, toy, furniture, sporting goods, hardware and electronics’ stores. But this year’s Small Business Saturday promotion is unlikely to change the fortunes of independent shops in America, which have diverged dramatically from their larger rivals. Small retailers have been squeezed out

By Laura He, CNN Business Shares of SoftBank plunged about 5% in Tokyo on Friday after Chinese regulators reportedly asked Didi to delist from the United States because of concerns about data security. The Japanese company’s Vision Fund is a major shareholder in the Chinese ride-hailing service with a stake of over 20%. SoftBank shares

By Laura He and Mark Thompson, CNN Business Stocks fell and oil prices plunged more than 10% on Friday as the emergence of a new Covid-19 variant rattled global markets. Asian markets led the way, with Hong Kong’s Hang Seng Index dropping 2.7%, while Japan’s Nikkei 225 was down 2.5%. European markets also sold off

By Esha Mitra and Rhea Mogul CNN Santosh Singh’s earliest memory is of tilling soil on his family’s farm. Now, the 70-year-old farmer’s eyes gleam with pride as he recalls watching his grandson do the same. But Singh hasn’t been home to Punjab for one year since he joined farmers at one of three protest

By Chris Isidore, CNN Business This Black Friday could very likely be the start of the final holiday shopping season for Sears and Kmart, two brands that once proudly dominated the US retail landscape. The two chains are only a shell of what they were when the holding company that owns both emerged from bankruptcy