Money

By Parija Kavilanz, CNN Business Kohl’s can’t seem to catch a break, and it may have only itself to blame. The department store chain on Thursday presented a dour outlook for 2022, saying it expects full-year sales to fall 5% to 6% compared to a year ago and blaming high inflation for preventing shoppers —

By Frank Pallotta, CNN Business CNN’s “Reliable Sources with Brian Stelter” is coming to an end. The company announced Thursday that it is ending the media analysis show that has aired in various iterations for 30 years. Its last episode will be this Sunday. “As a result Brian Stelter will leave the company,” a CNN

By Peter Valdes-Dapena, CNN Business Hyundai’s Ioniq 5, an electric-only model with a sharp-edged design, was named Car and Driver’s Electric Vehicle of the Year. It’s only the second year the award has been given. Car and Driver staffers lauded the Hyundai’s performance — it gets up to 320 horsepower from two electric motors —

By Nicole Goodkind, CNN Business People are stressed out and exhausted. The past two and a half years, full of public health crises, recession and inflation, have been so eventful that news of a possible alien invasion barely even made a blip. Nights are sleepless and days restless, and we need an extra boost to

By Wayne Chang and Lauren Lau, CNN Business The United States and Taiwan have officially agreed to launch negotiations on a new trade and investment pact, according to statements released by Washington and Taipei. The two unveiled the US-Taiwan Initiative of 21st Century Trade in June, soon after Taiwan was excluded by US President Joe

By Julia Horowitz, CNN Business Estimating just how catastrophic climate change will be for the global economy has historically proven challenging. But this summer, it’s increasingly evident how quickly costs can pile up. Extreme heat and drought conditions are battering the United States, Europe and China, compounding problems for workers and businesses at a time

By Laura He, CNN Business China’s economic growth forecasts have been downgraded further by major investment banks, as the country grapples with its worst heatwave in 60 years. The extreme weather comes at a time when the world’s second largest economy is already slowing because of strict Covid-19 lockdowns and a real estate crisis. The

By Rhea Mogul and Manveena Suri, CNN A judge in southern India has ruled a woman wore “provocative” clothing, effectively dismissing her sexual assault complaint, causing public outcry in the country, where violence against women and girls make frequent headlines. The district court judge in Kerala state made the comments last week while granting anticipatory

By Peter Valdes-Dapena, CNN Business Dodge, famous for offering cars with big and powerful V8 engines, is phasing out some of its iconic, gas-powered muscle cars in favor of electric power. To ease fans into this new era, the company has opted to mimic some muscle car sensations — including shifting gears and a loud

By Chris Isidore, CNN Business Strippers at the Star Garden Topless Dive Bar in North Hollywood, California, have filed with the National Labor Relations Board seeking to join the Actors Equity Association, a union of performers and other show business professionals. “We like what we do. We would like our jobs even more if we