Money
Vaccines and stimulus are a powerful cocktail for the US recovery
Those betting on an economic boom in the United States this spring and summer just got a dose of very good news. What’s happening: President…
Continue ReadingLeaving Las Vegas: Sands is selling its casinos in a $6.25 billion deal
Las Vegas Sands Corp., the upscale resort and casino company founded by the late Sheldon Adelson, is leaving its namesake city and selling its two…
Continue ReadingExclusive: Wall Street is in for a rude awakening, former NY Fed president says
Wall Street threw a fit last week when Treasury rates spiked. The stock market tanked and investors feared the economy was overheating. Former New…
Continue ReadingUK promises billions more in stimulus. But are tax hikes coming soon?
UK finance minister Rishi Sunak is preparing to deliver a crucial budget in the wake of the economy’s worst slump in more than three centuries,…
Continue ReadingHow a Chinese website for pirated TV shows became a cultural touchstone for millennials
When Bill Liang realized that popular video download and streaming service Renren Yingshi might be gone for good his heart sank. The website, also…
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How news orgs can combat vaccine hesitancy as production ramps up
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The vaccine story is…
Continue ReadingRio Tinto’s chairman to step down in latest shakeup following Indigenous cave destruction
Rio Tinto Chairman Simon Thompson is stepping down over the company’s destruction of a 46,000-year-old, sacred Indigenous site in Australia,…
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Why 5G is such a headache for designers
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
Continue ReadingFox News gets a huge Trump bump during former president’s CPAC speech
The Republican base’s commitment to former president Donald Trump showed up like a fist in the air in Sunday’s television ratings. The…
Continue ReadingReese’s is launching a peanut butter cup without any chocolate
Peanut butter purists called and Reese’s answered. Reese’s latest iteration of its wildly popular peanut butter cup will be all peanut…
Continue ReadingBitcoin is surging as an inflation hedge, but don’t count out gold either
Inflation concerns have led to more volatility in the stock and bond markets of late. That should be good news for gold, a tangible asset with a…
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Kayleigh McEnany, Trump’s former press secretary, is joining Fox News
Kayleigh McEnany, the last White House press secretary under the Trump administration, is joining Fox News as an on-air contributor. “It is my…
Continue ReadingTarget saw more sales growth in 2020 than the last 11 years combined. Here’s why
The pandemic drove Target to a record year of sales growth, as shoppers stocked up at its stores and bought online. Target’s 2020 sales…
Continue ReadingReporters Without Borders files criminal complaint against Saudi crown prince
Reporters Without Borders has filed a criminal complaint in Germany accusing Crown Prince Mohammed bin Salman and other Saudi officials of committing…
Continue ReadingWired names Gideon Lichfield of MIT Tech Review as top editor
Wired, the preeminent tech magazine, has its new leader: Gideon Lichfield of MIT Technology Review is coming on as its global editorial director.…
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Two of the most powerful economic voices in America disagree on a tax for the uber-rich
Democratic Senator Elizabeth Warren faces an uphill battle persuading Washington to back her tax on ultra-millionaires — starting with convincing…
Continue ReadingTarget reports a record year for sales
The pandemic drove Target to a record year of sales growth, as shoppers stocked up at its stores and bought online. Target’s 2020 sales…
Continue ReadingJohn Kerry has a warning for Big Oil
John Kerry had some tough talk for the leaders of Big Oil. The message: embrace clean energy or get left behind. “You don’t want to be…
Continue ReadingVaccine delays and skimpy stimulus are holding back Europe’s recovery
The United Kingdom is banking on a rapid vaccine rollout to bring its economy back to life this summer, while the United States is pinning its…
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