US makes biggest seizure of fake luxury goods at $1 billion in New York

Anyone who walks the streets of Manhattan can observe sidewalk vendors hawking counterfeit luxury products. It’s…

Shopping for an EV? There are some big discounts right now | CNN Business

CNN  —  Thanks to growing competition in the market, and some reticence from consumers, automakers and…

US Marshals to auction off multimillion dollar car collection seized from YouTuber ‘Omi in a Hellcat’ | CNN

CNN  —  A YouTuber’s Power-Rangers-themed Lamborghini, once the shining star of his extravagant car collection, is…

The US mall is not dying | CNN Business

New York CNN  —  Retail experts have long sounded the alarm on malls in the US.…

LVMH owner Bernard Arnault reportedly visits China after luxury spending rebound | CNN Business

Hong Kong CNN  —  Bernard Arnault, chairman and CEO of LVMH, has reportedly arrived in China…

Europe wants to ban Russian diamond imports. Will it hurt? | CNN Business

London CNN  —  The European Union is poised to impose a ban on imports of Russia’s…

Birkin bag maker sees pickup in US demand for its pricey products | CNN Business

London CNN  —  Uber-luxury brand Hermès, best known for its coveted Birkin handbag, reported a double-digit…

End of an era: Lamborghini goes hybrid…and very fast | CNN Business

CNN  —  Soon, you’ll be able to plug in your Lamborghini. Closing out a half century…

Resale value of Gucci, Chanel, Louis Vuitton handbags is falling | CNN Business

New York CNN  —  Consumers, spooked by accelerating job cuts, looming recession fears and continuing high…

Brooklyn pastor who was robbed while preaching charged with wire fraud and lying to FBI in unrelated case | CNN

CNN  —  The flashy, jewelry-flaunting Brooklyn pastor who reported being robbed while preaching at his church…