CNN – Business/Consumer

By Nathaniel Meyersohn, CNN Business If you feel like you’ve seen fewer blowout clothing sales at stores and online, you’re right. And you’re likely to see a near-absence of promotions even through the holidays later this year. Consumer demand for new wardrobes is soaring thanks to stimulus checks and pent-up demand built during the pandemic.

America’s labor market is still far from being back to normal – down 6.8 million jobs compared with February 2020. CNN’s Christine Romans reports.

By Julia Horowitz, CNN Business When the latest US jobs report goes live on Friday, investors and economists will be closely watching the number of jobs added in June. What’s happening: Employers are expected to have created 700,000 positions, pushing the unemployment rate down to 5.7%. That would be a strong reading, even though the

The OECD’s tax reform overhaul includes a global minimum tax of at least 15% on multinational companies. CNN’s Christine Romans reports.

The OECD’s tax reform overhaul includes a global minimum tax of at least 15% on multinational companies. CNN’s Christine Romans reports.

By Anneken Tappe, CNN Business The US economy added 850,000 jobs in June, when adjusted for seasonal changes. It was far more than economists had expected. The consensus number from analysts polled by Refinitiv was 700,000. The unemployment rate stood at 5.9%, up from 5.8% in May, the Bureau of Labor Statistics reported Friday. The

“The pandemic is absolutely not over.” That from the US Surgeon General after new numbers show the concerning Delta variant is continuing to spread across the country, now detected in almost every US state.

By Jessie Yeung, CNN Business Crowded factories in Asia’s manufacturing hubs seemed curiously immune to coronavirus as it spread through most of the world last year. By the end of 2020, Thailand and Vietnam had reported fewer than 200 deaths between them, and Cambodia and Laos didn’t report any at all. But that changed this

By Allison Morrow 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. ROBINHOOD’S GOING PUBLIC Big week for our friends over at Robinhood. Yesterday they got slapped with a record $70 million FINRA fine. Today, they’re jetting toward an IPO.

Keith McCoy, a senior ExxonMobil lobbyist, was secretly recorded by Greenpeace seemingly revealing how ExxonMobil fights against climate solutions.

Keith McCoy, a senior ExxonMobil lobbyist, was secretly recorded by Greenpeace seemingly revealing how ExxonMobil fights against climate solutions.