Money Archives

Amazon is shortening its Covid-19 isolation policy to seven days from 10

Amazon shortens Covid paid leave time for US employees

January 7, 2022 4:42 PM CNN Newssource

By Ramishah Maruf, CNN Business Amazon is shortening its Covid-19 isolation policy to seven days from 10, for a total of up to 40 hours of paid…

In a turbulent year for theaters, Disney still won the box office

January 7, 2022 11:44 AM CNN Newssource

By Frank Pallotta, CNN Business In a turbulent year when the pandemic continued to upend the business of movie-going and streaming blockbusters at…

GameStop shares jumped as much as 20% after the Wall Street Journal reported the company is creating a nonfungible token

GameStop shares jump 20% on report it will launch NFT marketplace

January 7, 2022 11:28 AM CNN Newssource

By Ramishah Maruf, CNN Business The calendar changed, but the roller coaster ride for GameStop’s stock continues. GameStop shares jumped as…

Confused about America’s job market? Don’t worry: Economists are, too

January 7, 2022 10:20 AM CNN Newssource

By Anneken Tappe, CNN Business 2021 was a historically great year for jobs. So why didn’t it feel that way? The short answers: Economists were…

Shoplifting is surging across America with dangerous and costly consequences

January 7, 2022 4:41 AM CNN Newssource

By Parija Kavilanz, CNN Business Retailers have always been vulnerable to shoplifting. But the emergence of coordinated and organized robberies at…

Tim Cook’s compensation jumped to nearly $100 million last year

January 7, 2022 9:36 AM CNN Newssource

By Jennifer Korn Tim Cook had a very good year. Apple’s CEO received nearly $100 million in total compensation in 2021, a sixfold increase from…

Papa Johns plans to open over 1,350 stores in China

January 7, 2022 9:35 AM CNN Newssource

By Danielle Wiener-Bronner, CNN Business Papa Johns is making a big bet on China. The pizza chain plans to open over 1,350 stores in South China by…

Kanye West’s Yeezy Gap line just got a whole lot fancier

January 7, 2022 9:28 AM CNN Newssource

By Parija Kavilanz, CNN Business Kanye West is expanding his sellout Yeezy Gap line by bringing on luxury fashion powerhouse brand Balenciaga. Gap…

Facebook told CNN Business it prohibits the sale of test kits across it's platforms

People desperate for Covid tests are turning to resellers online

January 7, 2022 7:51 AM CNN Newssource

By Samantha Murphy Kelly, CNN Business When Patrick Kennedy, a nightlife performer in New York City, recently was exposed to Covid-19, he was…

Stocks were slightly lower after the US government reported that just 199

Stocks fall after disappointing jobs report

January 7, 2022 8:43 AM CNN Newssource

By Paul R. La Monica, CNN Business The jobs recovery may be losing steam. But the unemployment rate continued to fall, and workers are still bringing…

Quit your job? Here’s what to do about health insurance

January 7, 2022 8:28 AM CNN Newssource

By Tami Luhby, Kathryn Vasel, CNN Business Part of this story was included in a previously published story that ran on CNN Business in November.…

The fact is that the child care and development elements of the Build Back Better Act actually represent the economic foresight and fiscal responsibility that will help expand our economy

Build Back Better isn’t a path to socialism. It’s an investment in our nation’s children

January 7, 2022 7:03 AM CNN Newssource

Opinion by Jim Himes for CNN Business Perspectives For far too many American children, the race is over before it really begins. Arbitrary factors…

Big Tech could brush off rate hikes. Startups may struggle

January 7, 2022 5:56 AM CNN Newssource

By Julia Horowitz, CNN Business Apple, Microsoft, SoFi and Coinbase all sold off sharply this week, as investors, anticipating higher interest rates,…

The government will release its official jobs tally for December on January 7

Jobs disappoint in December, but unemployment falls to 3.9%

January 7, 2022 4:27 AM CNN Newssource

By Anneken Tappe, CNN Business The US economy added 199,000 jobs in December, the Labor Department reported Friday. That was the fewest jobs added in…

Political turmoil in Kazakhstan is hitting the country's vast bitcoin mining industry

Kazakhstan is huge for crypto mining. Political upheaval could jeopardize that

January 7, 2022 2:13 AM CNN Newssource

By Diksha Madhok, CNN Business Political turmoil in Kazakhstan is hitting the country’s vast bitcoin mining industry. The Central Asian nation…

Biden tells reporters on Jan. 6: ‘To heal, you have to recognize the extent of the wound’

January 6, 2022 9:38 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…

A train carrying 50 containers departs from China's Shijiazhuang International Land Port to Malaszewicze port in Poland on September 9

6,000 miles through 7 countries. Why companies are turning to long-haul trains

January 6, 2022 6:32 PM CNN Newssource

By Xiaofei Xu, CNN Business When the freight train pulled into view, it looked like many others at this rail hub in suburban Paris. But one thing…

Conspiracy, deflection, and mockery: How right-wing media is marking the January 6 anniversary

January 6, 2022 12:27 PM CNN Newssource

By Oliver Darcy, CNN Business On the one-year anniversary of the January 6 insurrection, some of the most powerful forces in right-wing media…

Mortgage rates started off 2022 with a bang

Mortgage rates just climbed past 2021 levels

January 6, 2022 11:10 AM CNN Newssource

By Anna Bahney, CNN Business Mortgage rates started off 2022 with a bang, as the average rate moved higher than at any point last year. The 30-year…

Airline carriers have canceled more than 1

Airlines cancel another 1,600 flights, citing worker coronavirus cases

January 6, 2022 10:41 AM CNN Newssource

By Pete Muntean, CNN Business Airlines continue to cancel and delay flights by the thousands as their operations struggle with an untold number of…

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