CNN – Business/Consumer

Opinion by Bill Carter for CNN Business Perspectives ‘Tis the season; but there aren’t many reasons to be jolly. The pandemic is back, not that it ever really left. Headlines are again dominated by explosively rising case numbers, which means equally rising levels of depression and panic. Covid is a news story so inescapable it

By Jessie Yeung, CNN Business Hong Kong authorities are defending the arrests of seven people linked to a pro-democracy publication in the face of growing international condemnation, with the city’s leader insisting the police raids had “nothing to do with journalistic or media work.” More than 200 police officers raided the offices of Stand News

By Jill Disis, CNN Business SenseTime rallied in its Hong Kong debut Thursday, as it tried to move past a politically-fraught month that forced the Chinese artificial intelligence startup to delay its initial public offering. Shares in the company were last trading at 4.29 Hong Kong dollars (55 cents) each, up more than 11% from

By Jessie Yeung, Esha Mitra and Arpit Goel, CNN Doctors in India are bracing for a potential third wave driven by the highly contagious Omicron variant, as cases rise and political leaders hold mass gatherings ahead of key elections. In the past week, India’s Omicron case numbers have more than tripled, with 781 infections now

By Anneken Tappe, CNN Business Stocks set new records on Wednesday, as both the Dow and the S&P 500 finished at all-time highs. Although the S&P hit a record as recently as Monday, the Dow hasn’t reached a new high since early November. The Dow finished up 91 points, or 0.3%, while the S&P closed

by Kwegyirba Croffie, CNN As Americans bring back unwanted holiday gifts, those returns will cost retailers upwards of 50% more than they did last year. Retailers are already dealing with elevated costs thanks to the supply chain crunch and a tight labor market. Now, returns processor Optoro estimates that returns this year will cost retailers

By Sana Noor Haq, CNN Amazon’s Alexa has been developed over the years to offer ever-improving access to information and knowledge. However, the voice-enabled assistant recently gave some dangerous advice to one user that went viral on social media. According to a tweet posted by Kristin Livdahl, Alexa told her 10-year-old child to touch a

By Chris Isidore, CNN Business Elon Musk appears to have wrapped up a busy year of trading his Tesla shares Tuesday. He’ll end up with one of the largest tax bills in history to show for it. The Tesla CEO exercised options to buy another 1.6 million shares, and sold 934,090 of those shares for

By Anneken Tappe, CNN Business The pandemic has been a wake-up call for America’s job market. After decades of relying on low-paying services jobs that come with few benefits, the coronavirus has made clear the nation needs to take care of its workers. Hazard pay, paid sick leave, remote working options have all became hotly

By Wayne Chang, Nectar Gan, Jadyn Sham and Teele Rebane, CNN Business Hong Kong pro-democracy media outlet Stand News has shut down after national security police raided its office and arrested seven people associated with the publication on Wednesday. It’s yet another blow to diminishing press freedoms in the city. The independent news website announced

By Anna Bahney, CNN Business Home prices saw double-digit price growth yet again in October, according to the S&P CoreLogic Case-Shiller National home price index. National home prices were up 19.1% in October from the year before, slightly less than the revised 19.7% annual increase in September, and marking the second month in a row

By Parija Kavilanz, CNN Business Act fast, Costco members! The retailer has the hard-to-score Xbox Series X gaming console back in stock and available right now. The Xbox Series X invariably sells out immediately at any retailer that stocks it, making it a prized holiday find and bestowing legitimate bragging rights for anyone lucky and