Money

By Parija Kavilanz, CNN Business Retailers have always been vulnerable to shoplifting. But the emergence of coordinated and organized robberies at high-value stores, even during shopping hours, has the industry on edge. In November, a group of 14 individuals barged into a Louis Vuitton store in Oakbrook, Illinois, while customers were inside and audaciously drove

By Anneken Tappe, CNN Business The US economy added 199,000 jobs in December, the Labor Department reported Friday. That was the fewest jobs added in any month of 2021. That was a major disappointment: Economists had forecast jobs growth of double that number. So how could forecasts be so off again? “We just have to

By Xiaofei Xu, CNN Business When the freight train pulled into view, it looked like many others at this rail hub in suburban Paris. But one thing made the train unusual: its journey started more than 6,000 miles away, in western China. The train was carrying more than three dozen 40-foot containers, each stuffed with

By Oliver Darcy, CNN Business On the one-year anniversary of the January 6 insurrection, some of the most powerful forces in right-wing media continued to mislead or just brazenly lie to their audiences about the attack on the US Capitol, while others downplayed the events and mocked the news media for its coverage. The coverage

By Peter Valdes-Dapena, CNN Business The BMW Flow electric SUV concept can change hues at the press of a button, going from white to gray or black and back again in moments. While it can’t go beyond shades of gray and, even at that, it lacks the subtlety and depth of real car paint, the

By Jeanne Sahadi, CNN Business Millions of people have decided to quit their jobs. If you’re one of them, you’ll have a lot to wrap up before your last day of work. Before handing in your company ID, decide what you want to do with any 401(k) savings you now have in your soon-to-be-former employer’s

By Jordan Valinsky, CNN Business Coca-Cola is tapping into the canned cocktail craze with a boozy version of its Fresca soda. In a partnership between Corona brewer Constellation Brands and Coke, the companies will launch Fresca Mixed, a spirit-based cocktail, later this year. Fresca is the second non-alcoholic drink owned by Coke to be turned

By Anneken Tappe, CNN Business America closed out 2021 with strong jobs gains, economists predict. But just days into the new year, the Omicron variant is causing infections to soar and businesses to struggle. Will that derail the jobs recovery? It’s a bit too early to tell, in part because it’s unclear how long the

By Alicia Wallace, CNN Business The Omicron variant may be hurtling the labor market, hospitals, travel and in-person events into states of upheaval, but it’s not expected to deter consumers from spending, Wells Fargo economists said Wednesday. Consumer spending is expected to remain strong in 2022, despite an obstinate virus, a new variant causing a

By Julia Horowitz, CNN Business Retailers can breathe a sigh of relief now that the Christmas holiday is over, capping months of laborious planning to keep shelves stocked over the busy shopping period. But it may not be much of a respite. What’s happening: A new index from the Federal Reserve Bank of New York