Biden should quickly revisit Omicron travel ban, says this CEO
CNN By Matt Egan Roger Dow, CEO of the US Travel Association, is questioning the logic of President Joe Biden’s travel restrictions, imposed on…
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Why inflation can actually be good for everyday Americans and bad for rich people
By Allison Morrow, CNN Business No one likes paying more for stuff. That’s why inflation, especially the sharp price increases we’ve seen…
Continue ReadingToys “R” Us is opening a new store … again
By Jordan Valinsky, CNN Business Toys “R” Us is opening a new store about a year after a planned relaunch of its brick-and-mortar…
Continue ReadingMarket volatility continues
By CNN Business The-CNN-Wire™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights…
Continue ReadingThe Fed’s high-wire act just got even more perilous
By Julia Horowitz, CNN Business Investors were spooked by the discovery of the new Omicron variant of the coronavirus. Now, they’re contending…
Continue ReadingRenewables are being installed at top speed — but still far too slow to fix the planet, energy watchdog says
By Kara Fox, CNN Business Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of…
Continue ReadingAlec Baldwin sits down with ABC News after fatal ‘Rust’ shooting
By Chloe Melas and Oliver Darcy, CNN Alec Baldwin sat down with ABC News for his first formal interview since discharging a prop firearm that killed…
Continue ReadingSky high home prices push Fannie Mae and Freddie Mac to back loans of nearly $1 million
By Anna Bahney, CNN Business Home prices across the US have seen stratospheric increases within the past year as demand for homes spiked and…
Continue ReadingLabor group says Amazon massively underreported Covid cases contracted at work
By Chris Isidore, CNN Business Amazon had at least 20,000 employees test positive for Covid-19 last year. But it reported that only 27 of those cases…
Continue ReadingKiss those juicy post-holiday clearance sales goodbye
By Parija Kavilanz, CNN Business If you’re the kind of shopper who holds out for the bigger and better year-end deals after Christmas, you…
Continue ReadingOmicron and the Fed might finally kill this bull market
By Paul R. La Monica, CNN Business So much for a year-end Santa Claus rally? The broader market has pulled back in the past week as worries about the…
Continue ReadingHome prices jumped 19.5% in September
By Anna Bahney, CNN Business Home prices rose 19.5% in September compared to a year ago, according to the S&P CoreLogic Case-Shiller national…
Continue ReadingThe pandemic will continue to rage as long as the WTO keeps bickering over vaccine rules
Opinion by Joseph Stiglitz and Lori Wallach for CNN Business Perspectives If international organizations are subject to karma, last week’s…
Continue ReadingTravel is back, but Omicron could change everything
By Chris Isidore, CNN Business Just when US airlines thought they were on the verge of profitability again, along came the Omicron variant to put…
Continue ReadingJerome Powell: The Fed may wind down its stimulus sooner than expected
By Anneken Tappe, CNN Business The Federal Reserve might end its pandemic-era stimulus sooner than expected, Chairman Jerome Powell told the Senate…
Continue ReadingAmazon, Walmart and the world’s biggest retailers are making port congestion and pollution worse, new report finds
By Moira Ritter, CNN Business The supply chain is facing major blockages, and container ships are heaping pollution into communities near the…
Continue ReadingThe FTC wants information from Amazon, Walmart and other giant stores about empty shelves and rising prices
By Nathaniel Meyersohn, CNN Business The Federal Trade Commission said Monday that it is ordering Amazon, Walmart, Kroger, Procter & Gamble,…
Continue ReadingEuropean inflation hits 24-year high as energy prices surge
By Walé Azeez, CNN Business European consumer prices are rising at their fastest pace since 1997. Annual inflation across the 19 countries that use…
Continue ReadingAnti-Defamation League and Auschwitz Museum condemn Fox host for comparing Fauci to Nazi doctor who performed medical experiments at death camp
By Oliver Darcy, CNN Business Lara Logan, a Fox News personality and host on its streaming service, was condemned by prominent Jewish groups and the…
Continue ReadingHere’s how Omicron could make the supply chain mess worse
CNN, CNNBUSINESS By Matt Egan, CNN Business Commerce Secretary Gina Raimondo is concerned the Omicron coronavirus variant will exacerbate pressure on…
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