Money Archives

Establishing a global minimum tax has been a top priority for President Joe Biden.

Global tax plan wins support from 130 countries

July 2, 2021 6:21 AM CNN

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

The US economy added 850,000 jobs in June

July 2, 2021 7:39 AM CNN Newsource

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 US economy added 850,000 jobs in June

July 2, 2021 5:28 AM CNN

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. The hospitality and leisure sector grew the strongest, having the most ground to cover after the pandemic devastated the travel

Some Facebook users in the United States are being served a prompt that asks if they are worried that someone they know might be becoming an extremist.

Facebook asks some users if they’re worried a friend is ‘becoming an extremist’

July 1, 2021 10:50 PM CNN

Some Facebook users in the United States are being served a prompt that asks if they are worried that someone they know might be becoming an extremist. Others are being notified that they may have been exposed to extremist content.

Facebook asks some users if they’re worried a friend is ‘becoming an extremist’

July 1, 2021 10:50 PM CNN

Some Facebook users in the United States are being served a prompt that asks if they are worried that someone they know might be becoming an extremist. Others are being notified that they may have been exposed to extremist content.

Facebook tests prompts that ask users if they’re worried a friend is ‘becoming an extremist’

July 1, 2021 10:50 PM CNN Newsource

By Oliver Darcy, CNN Business Some Facebook users in the United States are being served a prompt that asks if they are worried that someone they know might be becoming an extremist. Others are being notified that they may have been exposed to extremist content. It is all part of a test the social media

Vaccine inequality is hurting Asia’s poor and the rest of the world

July 1, 2021 8:34 PM CNN

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

Health workers prepare doses of the CoronaVac vaccine in Bangkok on June 22.

HEALTH MINUTE: UNDERSTAND DELTA VARIANT RISK IN YOUR AREA

July 1, 2021 8:34 PM CNN

“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.

HEALTH MINUTE: UNDERSTAND DELTA VARIANT RISK IN YOUR AREA

July 1, 2021 8:34 PM CNN Newsource

“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.

Vaccine inequality is hurting Asia’s poor and the rest of the world

July 1, 2021 8:34 PM CNN Newsource

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

Robinhood got slapped with a record $70 million FINRA fine and it's jetting toward an IPO.

What we learned from Robinhood’s IPO prospectus

July 1, 2021 7:35 PM CNN

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

What we learned from Robinhood’s IPO prospectus

July 1, 2021 7:02 PM CNN Newsource

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.

Here’s what Bezos’ trip to space will look like

July 20, 2021 7:30 AM CNN

Jeff Bezos has announced that he and his brother will be on board his company Blue Origin’s first crewed mission to space. The capsule known as New Shepard is set to launch on July 20th.

Richard Branson will attempt to beat Jeff Bezos to space

July 1, 2021 5:46 PM CNN Newsource

By Jackie Wattles and Rachel Crane, CNN Business British billionaire Richard Branson plans to beat fellow billionaire and rival Jeff Bezos to space. Branson’s company, Virgin Galactic, made a surprise announcement Thursday that he will attempt to fly in Virgin’s rocket-powered plan on July 11 — nine days before Bezos’s planned July 20th launch. The

A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge

Undercover Exxon video reveals an anti-climate campaign

July 1, 2021 4:13 PM CNN

By Matt Egan, CNN Business A senior ExxonMobil lobbyist appears to have unwittingly revealed how the oil company uses its political muscle to undercut climate action. “Did we aggressively fight against some of the science? Yes,” Keith McCoy, the Exxon lobbyist, said during a covertly filmed job interview recorded by Greenpeace’s UK investigative platform. “Did

Watch: ExxonMobil lobbyist unwittingly spills company secrets

July 1, 2021 4:13 PM CNN

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

Watch: ExxonMobil lobbyist unwittingly spills company secrets

July 1, 2021 4:13 PM CNN Newsource

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

Watch: ExxonMobil lobbyist unwittingly spills company secrets

July 1, 2021 4:13 PM CNN

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

The FTC just took a step that could make it easier to go after Amazon

July 1, 2021 3:31 PM CNN Newsource

By Brian Fung, CNN Business For years, the US antitrust enforcers at the Federal Trade Commission have pledged only to go after companies that have harmed consumers. Now, under its new chair Lina Khan, the FTC is expanding its approach in a move that could make it easier to go after tech companies like Amazon

Under the Federal Trade Commission's new chair Lina Khan

The FTC just took a step that could make it easier to go after Amazon

July 1, 2021 3:31 PM CNN Newsource

By Brian Fung, CNN Business For years, the US antitrust enforcers at the Federal Trade Commission have pledged only to go after companies that have harmed consumers. Now, under its new chair Lina Khan, the FTC is expanding its approach in a move that could make it easier to go after tech companies like Amazon