CNN – Business/Consumer

By Allison Morrow, CNN Business 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

CNN’s Brian Stelter speaks with Emily Atkin and David Wallace-Wells on how reporters are adapting to having to cover climate change as a ‘permanent emergency’ rather than isolated incidents.

By Alexis Benveniste, CNN Business TC Energy Corporation, the company that developed the Keystone XL pipeline project, is seeking to recover more than $15 billion in damages from the United States, claiming the US government breached its free trade obligations when it revoked the permit for the project. The energy company announced in June that

By Paul R. La Monica, CNN Business Stocks enjoyed a stellar first half of the year. But will the market be able to keep rallying? Valuations are rapidly approaching historically expensive levels, and some experts are worried about how high stocks are relative to their earnings. One market measure, the Cyclically Adjusted Price-to-Earnings ratio, or

CNN’s Pete Muntean reports that the Fourth of July weekend is expected to be one of the busiest days for US airports since the start of the pandemic.

By Chris Isidore, CNN Business American vacationers are finding just about everything significantly more expensive this summer. Hotel rooms? Up about 44% at the end of June compared to a year earlier, according to data from hotel research firm STR. Air fares? They were 24% higher in May than in the same month last year,

Bill Cosby has been convicted of aggravated indecent assault. The entertainer’s career spans five decades and includes several iconic shows, but much of his legacy has been damaged.

By Matt Egan, CNN Business OPEC and its allies are mired in a stalemate. American drivers could pay the price. For the second straight day, OPEC+ surprised observers Friday by failing to reach an agreement on whether to add more barrels to an oil market screaming for more supply. The group said it will try

By Paul R. La Monica, CNN Business It’s lucky sevens for investors: The blue-chip S&P 500 index rose Friday to close at a record high for the seventh straight day following the strong jobs report. The last time the S&P 500 had this long a streak of all-time high closes was in June 1997, when

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 and a signal that American job growth is accelerating. It was the biggest monthly jobs gain since August 2020, when the economy added 1.6 million jobs. The hospitality and

By Anneken Tappe, CNN Business Friday’s jobs report was super strong. But don’t be fooled: America’s labor market problems — millions unemployed, worker shortages and worries about child care and health risks — will persist throughout the summer. Even though the US job market is rapidly improving, the economy is still far from back-to-normal. Employers

By Paul R. La Monica, CNN Business It’s lucky sevens for investors: The blue-chip S&P 500 index rose Friday to close at a record high for the seventh straight day following the strong jobs report. The last time the S&P 500 had this long a streak of all-time high closes was in June 1997, when

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.