CNN – Business/Consumer

By Kathleen Magramo, CNN From salads to stews, the humble onion is a key ingredient in nearly every Filipino dish. But now, the vegetable costs almost three times more than chicken in the Philippines. Red and white onions were selling for as much as 600 Philippine pesos ($11) per kilogram (2.2 lbs) on Monday, compared

By Rob McLean, CNN Fisher-Price for a second time recalled its Rock ‘n Play Sleepers on Monday after at least eight infant deaths occurred after the initial 2019 recall, according to the Consumer Product Safety Commission. “On April 12, 2019, at the time the original recall was announced, over 30 fatalities were reported to have

By Wayne Chang and Michelle Toh, CNN Workers at a Chinese factory making Covid-19 test kits clashed with police over the weekend after their managers apparently told them to go on vacation early, a move that effectively terminated their employment without notice, according to social media posts and videos reviewed by CNN. Online footage showed

By Jordan Valinsky, CNN Former World Wrestling Entertainment chief executive Vince McMahon is returning to the company as a board member, after a six-month hiatus following a hush money and sexual harassment scandal. WWE on Friday confirmed McMahon’s return, also announcing in a press release that it “intends to undertake a review of its strategic

By Nicole Goodkind, CNN Business Stocks soared on Friday to their best day in more than a month. The Dow gained 700 points and the S&P 500 and Nasdaq rose by 2.3% and 2.6% respectively, as traders bet that a slowdown in wage growth could mean that inflation may finally be cooling off. But the

By Julia Horowitz, CNN Goldman Sachs will lay off as many as 3,200 employees this week as an uncertain economic and market climate pushes the bank to hunt for cost savings, according to a person familiar with the matter. More than a third of the job cuts are expected to be from the firm’s trading

By Hanna Ziady, CNN British nurses and ambulance drivers will press on with more strikes in a dispute over pay after talks with the government failed to produce a breakthrough on Monday. The Royal College of Nursing (RCN), which represents close to half a million nurses, midwives and health care assistants described the talks as

By Emiko Jozuka, Kathleen Benoza and Michelle Toh, CNN Japan is grappling with the biggest drop in living standards in nearly a decade as inflation continues to soar. The world’s third largest economy reported its worst real-wage decline in more than eight years on Friday, a day after its leader asked businesses to hike workers’

By Laura He, CNN China’s heavy-handed crackdown on tech giants is coming to an end and the country’s economic growth is expected to be back on track soon, according to a top central bank official. The crackdown on fintech operations of more than a dozen internet companies is “basically” over, said Guo Shuqing, the Communist

By Chris Isidore, Vanessa Yurkevich and Tami Luhby, CNN More than 7,000 nurses at two major New York City hospitals walked off the job Monday, arguing immense staffing shortages are causing widespread burnout and hindering their ability to properly care for their patients. The nurses say they are working long hours in unsafe conditions without

By Jon Passantino, CNN Bernard Kalb, the long-time journalist and founding anchor of CNN’s “Reliable Sources” program, died on Sunday at his home in North Bethesda, Maryland, his family said. He was 100. Kalb’s death was caused by complications from a recent fall, his younger brother, Marvin Kalb, told CNN by phone. According to a