Money Archives

The Federal Reserve Bank of Minneapolis is requiring all current employees to be fully vaccinated against Covid-19 by the end of August. The vaccination policy will also apply to the bank's future hires.

The Minnesota Fed is requiring all of its employees to be fully vaccinated

July 8, 2021 9:48 AM CNN Newssource

By Alexis Benveniste, CNN Business The Federal Reserve Bank of Minneapolis is requiring all current employees to be fully vaccinated against Covid-19…

The BMW Group headquarters are pictured in Munich

EU fines German carmakers for colluding on emissions

July 9, 2021 5:02 AM CNN

The European Commission has fined Volkswagen Group and BMW $1 billion for colluding with Daimler to hold back the development of technology that…

The New York Stock Exchange stands in lower Manhattan on May 11 in New York City. Investors suddenly have renewed fears about another spike in Covid-19 cases -- and what that means for the global economy's still fragile recovery.

Bond yields plummet as Covid anxiety grips markets again

July 8, 2021 1:22 PM CNN Newssource

By Paul R. La Monica, CNN Business Worries about inflation are yesterday’s news. Investors suddenly have renewed fears about another spike in…

A pedestrian passes by the New York Stock Exchange (NYSE) building in New York

Stocks tumble as concerns grow over Delta variant

July 9, 2021 2:18 PM CNN

Wall Street is worried the global economic rebound could be slowing. CNN’s Christine Romans…

Volkswagen and BMW fined $1 billion for running emissions cartel

July 9, 2021 5:02 AM CNN Newssource

By Hanna Ziady, CNN Business The European Commission has fined Volkswagen Group and BMW $1 billion for colluding with Daimler to hold back the…

A closed restaurant at Union Station in Washington

Covid destroyed 22 million jobs in rich countries

July 8, 2021 7:22 AM CNN Newssource

By Hanna Ziady, CNN Business The coronavirus pandemic has destroyed 22 million jobs in wealthy countries, according to the Organization for Economic…

A driver opens the Didi Chuxing ride-hailing app on his smartphone in Beijing on July 2

The SEC should investigate the Didi IPO fiasco, US senator says

July 8, 2021 6:32 AM CNN Newssource

By Matt Egan, CNN Business Democratic Senator Chris Van Hollen called on US financial regulators to probe the disastrous IPO of Chinese ride-hailing…

The European Central Bank has unveiled a new strategy following an 18-month review that could provide policymakers with justification to continue to provide stimulus for years to come.

Central banks can’t get enough stimulus

July 8, 2021 6:17 AM CNN Newssource

By Charles Riley, CNN Business The European Central Bank has unveiled a new strategy following an 18-month review that could provide policymakers…

Construction workers pour concrete into a median along Larimer County Road 5 near Windsor

America desperately needs 1 million more construction workers

July 11, 2021 4:36 PM CNN Newssource

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…

The US needs construction workers

July 11, 2021 4:36 PM CNN

A labor shortage in the construction industry means some companies are turning down projects. CNN’s Vanessa Yurkevich…

Dow tumbles as Delta variant fears grip Wall Street

July 8, 2021 2:09 PM CNN Newssource

By David Goldman, CNN Business US stocks tumbled Thursday as investors grew fearful that the electric global economic rebound could be slowing. While…

CDC: Cases Rise 10% Due to “Hypertransmissible” Variant

July 8, 2021 7:35 AM CNN

CNN’s Harry Enten discusses the recent rise in coronavirus cases due to the spread of the Delta…

Didi shares plummet after China bans it from app stores

July 12, 2021 12:22 AM CNN

Didi shares plunged as much as 22% in premarket trading as fallout continued over news of the company’s troubles in China. CNN’s David Culver…

Chinese tech stocks roiled by worsening crackdown

July 8, 2021 4:40 AM CNN Newssource

By Laura He, CNN Business China is not slowing down with its historic tech crackdown. After hitting at ride-hailing company Didi once the firm went…

Vehicles for sale at a Ford Motor Co. dealership in Colma

Here’s why car prices are so high, and why that matters

July 8, 2021 6:43 AM CNN Newssource

By Chris Isidore, CNN Business Maybe America’s key inflation metric, the Consumer Price Index, should be redubbed the Car Price Index. CPI…

Scarlett Johansson stars as Black Widow in the new Marvel movie. Millions of fans are about to return to a movie theater for the first time since "social distancing" began.

Marvel’s long-awaited release of ‘Black Widow’ is a triumphant moment for the movie industry

July 7, 2021 11:01 PM CNN Newssource

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

‘Black Widow’ finally gets her own movie

July 7, 2021 11:01 PM CNN

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…

Former President Donald Trump announced plans to file a class-action lawsuit targeting Facebook and its CEO Mark Zuckerberg

Cooper: Ignoring Trump, as tempting as it may be, isn’t option

July 7, 2021 7:32 PM CNN

Former President Donald Trump filed proposed class-action lawsuits targeting Facebook and its CEO Mark Zuckerberg and Twitter and its CEO Jack…

The Gates Foundation has a plan for when Bill and Melinda realize working with your ex sucks

July 7, 2021 6:47 PM CNN Newssource

By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…

Dozens of states are filing an antitrust lawsuit against Google over its app store practices.

Dozens of states are suing Google over app store practices

July 7, 2021 9:40 PM CNN Newssource

By Brian Fung, CNN Business Dozens of states have filed an antitrust lawsuit against Google that zeroes in on its app store practices. The suit…