CNN – Business/Consumer

By Anneken Tappe, CNN Business A key measure of inflation showed price increases slowing down in June, while Americans’ incomes and spending rose — signaling better-than-expected momentum in the economic recovery. Even though prices continued to climb, albeit at a slower pace than expected, it didn’t weigh on American spending, the Bureau of Economic Analysis

Opinion by Benny Buller for CNN Business Perspectives This past spring, I established a rule requiring all 150 of my employees to be fully vaccinated against Covid, regardless of where they are working. Although our employees have been allowed to continue working from home, all of them need to be able to attend a meeting

By Anna Bahney Ronald Leonard expects the sheriff to arrive at the door of his Daytona Beach, Florida, home any day after the federal ban on evictions expires on Saturday. “I’m kind of a wreck,” said Leonard, a retiree who lives on a fixed income. “If I end up on the street, I’ll never survive.”

By Michael Ballaban, CNN Business A truck with the doors duct-taped on. Ford pickups masquerading as something else. The head of a company running to google whether or not the thing he had just promised inventors was even physically possible. These are some of the wildest allegations from charging documents filed this morning against Trevor

By Julia Horowitz, CNN Business As the global economic recovery from the pandemic gathers steam, big businesses are grappling with a formidable problem: What to do about rising prices? What’s happening: On earnings calls across time zones, corporate executives are lamenting the impact of inflation, pointing to higher costs for parts and materials, transportation and

By Mark Thompson and Julia Horowitz, CNN Business European economies posted stronger than expected growth in the second quarter, with consumer and business confidence booming as Covid-19 restrictions were eased. GDP across the European Union rose by 13.2% compared with the same period last year, and by 1.9% compared with the previous quarter, according to

By Brian Stelter, CNN Business Mike Lindell’s pillows have been propping up Fox News for years. But now the relationship is on “pause.” Here’s the context for the Thursday evening announcement: Lindell, the CEO of MyPillow, has had beef with Fox for months. He brought it up with The Atlantic’s Anne Applebaum when she interviewed

By Jazmin Goodwin, CNN Business Major tech companies are rethinking their return-to-work policies as the spread of the Delta variant prompts a surge in Covid-19 cases across the country. This week, Google, Facebook and other companies took a firm stance on vaccine mandates, requiring all US employees to be vaccinated before returning to the office.

By Clare Duffy, CNN Business In a powerful philanthropic pairing, Melinda French Gates and MacKenzie Scott have teamed up to direct $40 million to advancing the power and influence of American women over the next decade. The donation is being awarded to winners of the Equality Can’t Wait Challenge, a competition hosted by French Gates’

By Frank Pallotta, CNN Business One of Marvel’s biggest stars is suing Disney. Actress Scarlett Johansson filed a lawsuit in Los Angeles Superior Court on Thursday that alleges Disney breached her contract by releasing the highly anticipated superhero film “Black Widow” on its streaming service, Disney+. The film was released simultaneously on the service and

By Alexis Benveniste, CNN Business All eyes are on Wall Street as the Covid-19 Delta variant continues to spread and Corporate America starts rolling out vaccination policies. And although there’s talk of banks requiring employees to show proof of vaccination, Goldman Sachs has drawn its line in the sand. The investment bank is barring employees

By Matt Egan, CNN Business Wall Street didn’t exactly roll out the red carpet to welcome Robinhood after its highly anticipated debut. The fast-growing trading company finished Thursday at $34.82, down 8% from its initial public offering price. Robinhood failed to score the first-day pop that new companies covet. And that’s despite Robinhood pricing its

By Paul R. La Monica, CNN Business Robinhood’s initial public offering is arguably the most eagerly awaited of the year. But according to commentary on Reddit, it’s one of the least popular for some traders. There appear to be a lot of angry individual investors — the so-called apes of Reddit — who want nothing

By Alexis Benveniste, CNN Business Danny Meyer, restaurateur and CEO of Union Square Hospitality Group, is requiring his employees and all customers at his restaurants to prove that they’ve been vaccinated against Covid-19. “If you really want to go unvaccinated, you can dine somewhere else, and you can also go work somewhere else,” Meyer told