Money

By Nicole Goodkind, CNN The US auto industry just posted its worst sales in more than a decade — but that’s not necessarily a bad sign for the sector. What’s happening: 2022 was the worst year in more than a decade for the auto industry, largely because manufacturers couldn’t keep up with consumer demand. Supply

By Jordan Valinsky, CNN Business Subway, one of the world’s most recognizable fast food brands, might be up for a sale, according to the Wall Street Journal. The privately held company has obtained advisers to explore sale that could value Subway at more than $10 billion, the Wall Street Journal reported. If reached, it would

By Chris Boyette and Artemis Moshtaghian, CNN A nurses strike at two private New York City hospital systems has come to an end after 7,000 nurses spent three days on the picket line. The New York State Nurses Association union reached tentative deals with Mount Sinai Health System and Montefiore Health System, which operates three

By Michelle Toh, Sandi Sidhu and Marc Stewart, CNN Kiki Yang brought an empty green suitcase from Shenzhen to Hong Kong this week to load up on new purchases for her family and friends. “I did a lot of shopping these days,” she told CNN on Tuesday, gesturing to her luggage, which she described as

By Laura He, CNN A number of key provinces and cities in China have announced their growth targets for this year, most of them above 5%, offering the first clues about the country’s economic path in 2023. Local governments across China began to convene this week for annual legislative sessions laying out their respective policy

By Diksha Madhok, CNN Getting urgent work emails from colleagues even during vacation? This is a common occurrence for many white-collar workers, especially in India where employees feel overworked and underpaid compared to their global peers, according to several studies over the years. But one Mumbai-based firm has come up with a novel way to

By Jeanne Sahadi, CNN The pandemic has transformed work over the past three years in ways few expected. It normalized remote work, created a shortage of critical workers and drove home to organizations that employees’ mental health and need for a sane work-life balance are critical to retention and engagement. So what does 2023 likely

By Matt Egan The federal government isn’t going to take away your gas stove, a top consumer regulator told CNN on Wednesday. Richard Trumka Jr, a US Consumer Product Safety commissioner, set off a firestorm this week by suggesting the agency could ban gas stoves because they have been linked to childhood asthma. Trumka confirmed

By Oliver Darcy, CNN Business NBC News president Noah Oppenheim will exit the network as part of a restructuring announced Wednesday that will replace his role with three executives, including Rebecca Blumenstein, a deputy managing editor of The New York Times. Blumenstein, who has a lengthy history working in print and digital, but notably lacks