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.
2023-09-10 03:46
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.
2023-08-14 16:19
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.
2023-08-10 20:18
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.
2023-06-16 05:52