Gas prices are high. Here’s why
People are traveling more but oil supply hasn’t caught up with demand. CNN’s Matt Egan explains why the BIden administration needs to focus on energy…
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Gas prices are above $3. Biden doesn’t have a magic wand to fix that
By Matt Egan, CNN Business President Joe Biden is being attacked for $3 gasoline. But the truth is the White House isn’t to blame for high gas…
Continue Reading The Minnesota Fed is requiring all of its employees to be fully vaccinated
By Alexis Benveniste, CNN Business The Federal Reserve Bank of Minneapolis is requiring all current employees to be fully vaccinated against Covid-19…
Continue Reading EU fines German carmakers for colluding on emissions
The European Commission has fined Volkswagen Group and BMW $1 billion for colluding with Daimler to hold back the development of technology that…
Continue Reading Bond yields plummet as Covid anxiety grips markets again
By Paul R. La Monica, CNN Business Worries about inflation are yesterday’s news. Investors suddenly have renewed fears about another spike in…
Continue Reading Stocks tumble as concerns grow over Delta variant
Wall Street is worried the global economic rebound could be slowing. CNN’s Christine Romans…
Continue Reading Volkswagen and BMW fined $1 billion for running emissions cartel
By Hanna Ziady, CNN Business The European Commission has fined Volkswagen Group and BMW $1 billion for colluding with Daimler to hold back the…
Continue Reading Covid destroyed 22 million jobs in rich countries
By Hanna Ziady, CNN Business The coronavirus pandemic has destroyed 22 million jobs in wealthy countries, according to the Organization for Economic…
Continue Reading The SEC should investigate the Didi IPO fiasco, US senator says
By Matt Egan, CNN Business Democratic Senator Chris Van Hollen called on US financial regulators to probe the disastrous IPO of Chinese ride-hailing…
Continue Reading Central banks can’t get enough stimulus
By Charles Riley, CNN Business The European Central Bank has unveiled a new strategy following an 18-month review that could provide policymakers…
Continue Reading America desperately needs 1 million more construction workers
By Vanessa Yurkevich, CNN Business Matthew Messer hauls solar panels on the roof of a home in Long Island, New York, hoisting them one by one in the…
Continue Reading The US needs construction workers
A labor shortage in the construction industry means some companies are turning down projects. CNN’s Vanessa Yurkevich…
Continue Reading CDC: Cases Rise 10% Due to “Hypertransmissible” Variant
CNN’s Harry Enten discusses the recent rise in coronavirus cases due to the spread of the Delta…
Continue Reading Dow tumbles as Delta variant fears grip Wall Street
By David Goldman, CNN Business US stocks tumbled Thursday as investors grew fearful that the electric global economic rebound could be slowing. While…
Continue Reading Here’s why car prices are so high, and why that matters
By Chris Isidore, CNN Business Maybe America’s key inflation metric, the Consumer Price Index, should be redubbed the Car Price Index. CPI…
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‘Black Widow’ finally gets her own movie
Scarlett Johansson stars in the long-awaited stand-alone film that shows us more of the Avenger’s past. David Daniel talked with the star about the…
Continue Reading Marvel’s long-awaited release of ‘Black Widow’ is a triumphant moment for the movie industry
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading The Gates Foundation has a plan for when Bill and Melinda realize working with your ex sucks
By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…
Continue Reading Exclusive: China just gave a big F-U to America, hedge fund manager says
By Matt Egan, CNN Business Kyle Bass, the hedge fund manager and outspoken critic of Beijing, says the timing of China’s crackdown on…
Continue Reading This national park is turning away visitors due to overcrowding
An influx of visitors is forcing Arches National Park in Utah to temporarily shut its gates almost daily. And disappointed visitors aren’t the only…
Continue Reading Theme park stocks are on fire as the summer heats up
By Paul R. La Monica, CNN Business It’s been something of a roller coaster ride for the stock market and economy during the past year because…
Continue Reading Inside ‘Bloomies,’ Bloomingdales’ new concept store
By Moira Ritter, CNN Business Bloomingdale’s may need to stock up on little brown bags. The luxury department chain announced Wednesday that it…
Continue Reading Bill Gates could oust Melinda French Gates from their foundation in 2023
By Allison Morrow, CNN Business Bill Gates and Melinda French Gates are giving themselves a two-year trial period to see if they can co-parent the…
Continue Reading Didi’s IPO was a disaster. Here’s why Chinese companies keep listing in the US
By Charles Riley, CNN Business Talk about buyer’s remorse. On Tuesday, shares in Didi crashed 20% after Chinese authorities opened an…
Continue Reading WeChat deletes dozens of university LGBT accounts in China
By Nectar Gan and Yong Xiong, CNN Business WeChat has deleted more than a dozen LGBT accounts run by university students, sparking fears that safe…
Continue Reading The Ever Given is finally leaving the Suez Canal
By Hanna Ziady, CNN Business The Ever Given has begun its journey out of the Suez Canal more than three months after it ran aground, clogging up one…
Continue Reading ESPN attempts to contain controversy embroiling the network as NBA Finals get underway
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading ESPN removes reporter from NBA Finals sideline role after leaked call
ESPN removed Rachel Nichols from her role as the sideline reporter for the NBA Finals after the New York Times published an audio recording of…
Continue Reading Kaseya: The massive ransomware attack compromised up to 1,500 businesses
Software vendor Kaseya says that between 800 and 1,500 businesses have been compromised by the recent ransomware attack. CNN’s Clare Sebastian…
Continue Reading It’s time to end the 40-hour workweek
By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…
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