Restaurant workers are quitting in droves. That might not change anytime soon
By Danielle Wiener-Bronner, CNN Business Restaurant workers are calling it quits just as people are starting to dine out again and restaurants rush…
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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 ReadingGas 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…
Continue ReadingThe 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 ReadingEU 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 ReadingBond 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 ReadingStocks tumble as concerns grow over Delta variant
Wall Street is worried the global economic rebound could be slowing. CNN’s Christine Romans…
Continue ReadingVolkswagen 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 ReadingCovid 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 ReadingThe 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 ReadingCentral 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 ReadingThe US needs construction workers
A labor shortage in the construction industry means some companies are turning down projects. CNN’s Vanessa Yurkevich…
Continue ReadingDow 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 ReadingCDC: 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 ReadingHere’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…
Continue ReadingMarvel’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 ReadingThe 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 ReadingExclusive: 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 ReadingTheme 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 ReadingInside ‘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…
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