Sumner Redstone lawsuit

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Lawsuit questions Viacom billionaire Redstone's competency

Sumner Redstone, the aging media mogul who controls Viacom and CBS Corporation, is a "living ghost" who is practically unable to make decisions for himself, according to allegations leveled in legal filings.

A court hearing is scheduled for Monday in ...

Gold chain

Gold price plummets to almost 6-year low

Here's what people aren't buying right now: Gold.

The yellow metal traded as low as $1,051.60 an ounce on Friday, the cheapest price in nearly 6 years.

Gold prices haven't been this depressed since February 2010 -- before the popular show "Downton Abb...

Black Friday 2015

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Shoppers descend on Black Friday deals

Cue the bargain hunters: The Black Friday shopping marathon has begun.

Millions of people are participating in retail's annual event, which began again this year on Thanksgiving. And, of course, most markdowns are available online.

A sales report from ...

China stock market

Steven Jiang/CNN

China stocks tumble as government probes more big brokers

Markets in China tumbled on Friday as a government crackdown on the country's largest brokerages widened.

The Shanghai Composite plunged by 5.5%, the worst slide in months, while the main index in Shenzhen fell 6%. Stocks in Hong Kong slumped 2%.


dog with Christmas gift basket

Judy Asman

Americans will spend over $130 on 'self-gifting'

Forget naughty or nice.

Americans no longer wait for Santa to bring presents. Instead, they are buying their own presents.

Yes, more and more people are treating themselves when they are out shopping for others.

Nearly 60% of people are now "self-gif...

Unilever logo (croped)

World's largest consumer brand plans expansion

Every day, around 2 billion people worldwide buy a Unilever product. The company is the largest manufacturer of consumer goods in the world, and has been successful in penetrating low income markets in Sub-Saharan Africa with simple innovations, such...

Putin Erdogan

Khamenei.IR, Thaer Ghanaim/PPO via Getty Images

4 reasons Russia, Turkey can't afford a trade war

A war of words has erupted after Turkey shot down a Russian warplane on Tuesday.

Russian President Vladimir Putin called the downing of the jet a "stab in the back by the terrorists' accomplices." His Turkish counterpart Recep Tayyip Erdogan accused M...

Toys R Us Times Square

Aaron Smith/CNNMoney

Toys 'R' Us shoppers throng for flagship's final Black Friday

Crowds of shoppers packed into the Toys 'R' Us in Times Square for one last Black Friday, as the flagship store prepares to close its doors.

"It is certainly bittersweet," said CEO Dave Brandon, in an interview with CNNMoney.

Toys 'R' Us has been in Ti...


Is Black Friday losing its luster?

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