Furniture companies in a rut as fewer people buy big-ticket items
Last week, a pair of furniture retailers said they are experiencing a massive sales drop compared to last year. The end of stay-at-home pandemic trends and a housing market slump are playing a role.
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Russia's ruble hits a 17-month low to the dollar as the Ukraine war bites
The ruble hit a 17-month low against the dollar Monday, highlighting the growing squeeze on Russia's economy from Western sanctions and a slump in export revenues.
1970-01-01 08:00
US investment curbs deal 'major blow' to Chinese startups
New constraints on US investments in advanced technology in China will exacerbate a slump in deals between the world's top two economies and deliver a "major blow" to Chinese startups, analysts and investors told CNN Thursday.
1970-01-01 08:00
iPhone maker Foxconn to switch to cars as US-China tensions soar
The firm, which makes over half of the world’s Apple products, is looking for its next big growth driver.
1970-01-01 08:00
Foxconn: iPhone maker hikes pay ahead of new model launch
Foxconn's move comes ahead of the expected launch of Apple's iPhone 15 later this year.
1970-01-01 08:00