Discounts led Target to a surprising comeback
By Jordan Valinsky, CNN Target’s decision to cut prices to boost sales has paid off. The retailer’s holiday-quarter sales at stores open…
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By Jordan Valinsky, CNN Target’s decision to cut prices to boost sales has paid off. The retailer’s holiday-quarter sales at stores open…
Continue ReadingBy Rhea Mogul, CNN Dancing South Korean diplomats have won the hearts of millions of Indians with their viral video performance of Oscar-nominated…
Continue ReadingBy Oliver Darcy, Jon Passantino, Marshall Cohen, Nicki Brown, Kate Trafecante, Anna Bahney and Jeanne Sahadi, CNN A trove of text messages, emails,…
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By Oliver Darcy and Jon Passantino, CNN Rupert Murdoch, the chairman of Fox Corporation, acknowledged in a deposition taken by Dominion Voting…
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By Oliver Darcy, CNN Rupert Murdoch, the chairman of Fox Corporation, acknowledged in a deposition taken by Dominion Voting Systems that some Fox…
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By Anna Bahney, CNN Pending home sales crushed expectations in January, when mortgage rates dropped from recent highs of more than 7% and home buyers…
Continue ReadingBy Alicia Wallace, CNN Treasury Secretary Janet Yellen said Monday she believes US inflation remains too high but that a soft landing is on the…
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By Jon Passantino and Oliver Darcy, CNN Andrews McMeel Universal, the company that syndicates “Dilbert,” said it is cutting ties with the…
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By Ramishah Maruf, CNN TD Bank will pay $1.2 billion to settle a lawsuit alleging its involvement in an infamous $7 billion Ponzi scheme orchestrated…
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By Paul R. La Monica, CNN So much for that big stock market comeback this year. Sure, it’s only February. But the Dow is now down almost 1%…
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By Ramishah Maruf, CNN Warner Bros. Discovery filed a lawsuit against Paramount Friday, claiming the rival media company breached its…
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By Chris Isidore, CNN Union Pacific shares jumped 10% in premarket trading Monday after the railroad company announced CEO Lance Fritz, 60, will…
Continue ReadingBy Chris Isidore, CNN Norfolk Southern CEO Alan Shaw sold $448,000 worth of the company’s stock this week, a month after the toxic train…
Continue ReadingBy Ramishah Maruf, CNN Dilbert is coming back. At least in a different sense. Scott Adams, the comic creator who was dropped by hundreds of…
Continue ReadingBy Parija Kavilanz, CNN Adidas last year dumped Ye (formerly known as Kanye West) and his once hugely popular Yeezy clothing and sneaker brand…
Continue ReadingBy Jordan Valinsky, CNN Elon Musk defended “Dilbert” creator Scott Adams after hundreds of newspapers stopped printing the comic strip…
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By Nicole Goodkind, CNN Analysts have long expected a slowdown in the US labor market, but for the past 10 months, the data has come in better than…
Continue Readingby Oliver Darcy, CNN Newspapers across the country dropped the “Dilbert” comic strip over the weekend after the creator of the satirical…
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By Jessie Yeung, CNN China is surging ahead with coal, a new report shows, rapidly approving and building new power plants despite its own promises…
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By Alicia Wallace, CNN The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on…
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By Ramishah Maruf, CNN Warner Bros. Discovery filed a lawsuit against Paramount Friday, claiming the rival media company breached its…
Continue ReadingBy Ramishah Maruf, CNN Former Treasury Secretary Larry Summers said price caps on Russian energy should be stiffened up to maximize the impact of…
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By Ramishah Maruf, CNN Missing Chinese CEO Bao Fan is cooperating in an investigation by “certain authorities in the People’s Republic of…
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By Jeanne Sahadi, CNN There have been many questions raised about the implications and reach of a recent decision by the National Labor Relations…
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By Nicole Goodkind, CNN The possibility of a 2023 market rally ground to a halt last week amid an onslaught of unfortunate inflation and economic…
Continue Readingby Oliver Darcy, CNN Newspapers across the country dropped the “Dilbert” comic strip over the weekend after the creator of the satirical…
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By Chris Isidore, CNN For Ukraine, the year since Russia’s invasion has been one of widespread death, destruction and displacement, as millions…
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By Ramishah Maruf, CNN Berkshire Hathaway’s operating earnings fell during the fourth quarter of 2022, as inflation pressures and high interest…
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By Morgan Stephens, CNN Pushing through cognitive impairment, migraines and severe fatigue, Michaelene Carlton, 49, mustered up the energy last week…
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By Danielle Wiener-Bronner, CNN It’s never been easy to operate a restaurant, and in recent years it’s been even harder. In 2020, Covid…
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By Anna Bahney, CNN New home sales rose in January from December, as mortgage rates eased off their highs of the past year at the start of 2023.…
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By Chris Isidore, CNN Boeing has been forced to halt deliveries of the 787 Dreamliner once again, just months after it resumed deliveries to…
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By Anna Cooban, CNN A shortage of some fruits and vegetables in the United Kingdom that has prompted rationing at most major supermarkets could last…
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By Alicia Wallace, CNN The Federal Reserve’s preferred inflation gauge heated up unexpectedly in January, as did consumer spending, showing the…
Continue ReadingBy Brian Fung, CNN Justice Samuel Alito of the US Supreme Court asked this week what may be, to millions of average internet users, the most…
Continue ReadingBy Jordan Valinsky, CNN Business Roughly 2 million Cosori air fryers have been recalled because they pose a possible fire risk. The US Consumer…
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By Chris Isidore, CNN Business Thomas H. Lee, a private equity financier who pioneered the use of leveraged buyouts that helped to reshape corporate…
Continue ReadingBy Alicia Wallace, CNN US consumers kept spending last year despite historically high inflation, not only shelling out for necessities but also…
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By Nicole Goodkind, CNN Federal Reserve policy is based on trust. The central bank’s ability to maintain stable prices depends on the…
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By Jordan Valinsky, CNN Business Beer ads try to be funny, but a regulatory group has determined that Molson Coors went too far with a recent ad that…
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By Olesya Dmitracova, CNN Regal Cinemas owner Cineworld, which filed for Chapter 11 bankruptcy protection last year, said Friday that it expected…
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By Rhea Mogul and Manveena Suri, CNN When dozens of security personnel crowded onto the runway of New Delhi’s Indira Gandhi Airport on…
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By Dave Alsup, CNN Amazon founder Jeff Bezos hired an investment firm to research a possible bid for the NFL Washington Commanders team, two people…
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By Peter Valdes-Dapena, CNN Last year was a wreck for Carvana, the online used-car seller known for its tall glass “car vending…
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By Jeanne Sahadi, CNN Business Despite higher prices, endless talk of a possible recession and falling markets, 401(k) participants managed to keep…
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By Oliver Darcy, CNN Business Carlos Watson, the founder and chief executive of the embattled Ozy Media, was arrested and charged with fraud this…
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By Hanna Ziady, CNN The BBC says it will not be “put off” from reporting in India after the government prevented a documentary critical…
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By Anna Bahney, CNN Mortgage rates shot up for the third-straight week, as inflation concerns make rates more volatile. The 30-year fixed-rate…
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By Danielle Wiener-Bronner, CNN Domino’s delivery problems aren’t over. In the last quarter of 2022 sales at locations open at least a…
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By Jordan Valinsky, CNN President Joe Biden has announced that he’s nominating Ajay Banga, a former MasterCard executive, to serve as president…
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