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CVS, Walgreens and Macy’s said they are reviewing their requirements for facial coverings following new CDC guidance easing mask wearing for people vaccinated against Covid-19. The CDC said Thursday that fully vaccinated people do not need to wear masks or practice social distancing indoors or outdoors, except under certain circumstances such as in healthcare settings,

CVS, Walgreens and Macy’s said they are reviewing their requirements for facial coverings following new CDC guidance easing mask wearing for people vaccinated against Covid-19. The CDC said Thursday that fully vaccinated people do not need to wear masks or practice social distancing indoors or outdoors, except under certain circumstances such as in healthcare settings,

The long-awaited and much anticipated “Friends” reunion is coming to HBO Max at last. “Friends: The Reunion” will debut on the WarnerMedia streaming service on May 27. (HBO Max is owned by WarnerMedia, which is also the parent company of CNN.) The event, which brings together stars Jennifer Aniston, Courteney Cox, Lisa Kudrow, Matt LeBlanc,

Tesla’s Chinese sales last month were much weaker than they originally appeared. Although Tesla does not report monthly sales or regional revenue, the China Passenger Car Association earlier this week estimated Tesla’s Chinese sales were down 27% from March to just under 26,000 cars — much worse than the overall 10% decline in China’s electric

Stocks rebounded Thursday from the inflation-fear weakness earlier in the week — though they pulled back a bit from earlier sharp gains. The Dow, which rose more than 500 points at its peak, finished up 1.3%, or 434 points. It was the index’s best performance since late March. The broader S&P 500 closed up 1.2%,

Inflation is all that the market seems to care about these days. Wages are rising, consumer prices are surging — and investors are worried the Federal Reserve will raise interest rates faster than expected to keep inflation in check. So what’s an investor to do? The S&P 500 is down more than 2% in the

Prices are climbing all over the place as the economy is reopening. But for lower-income earners — who were already hit hardest by the pandemic — the sudden price spikes are squeezing their budgets even further. When necessities get more expensive, consumers with less disposable income, who already spend a bigger share of their money

Inflation is all that the market seems to care about these days. Wages are rising, consumer prices are surging — and investors are worried the Federal Reserve will raise interest rates faster than expected to keep inflation in check. So what’s an investor to do? The S&P 500 is down more than 2% in the

Alibaba has reported earnings for the first time since China imposed a record fine on the tech giant — and the numbers were not as awful as some feared. Alibaba posted a loss of about $1.2 billion in the first quarter, mainly due to the $2.8 billion fine imposed on it by Beijing earlier this

Watch President Biden address the pipeline issue in the player below. The Colonial Pipeline launched the restart of its operations Wednesday evening following a six-day shutdown caused by a ransomware attack, but the pipeline’s operators warned it will take several days for service to return to normal. “Some markets served by Colonial Pipeline may experience,

Global airlines are canceling flights to Israel as clashes between the country’s military and Palestinian militants in Gaza intensify. Delta Air Lines, American Airlines, United Airlines, Lufthansa and British Airways have all canceled flights following days of Israeli air strikes and Palestinian rocket attacks. Delta canceled at least six flights between New York’s John F.

Prices are climbing all over the place as the economy is reopening. But for lower-income earners — who were already hit hardest by the pandemic — the sudden price spikes are squeezing their budgets even further. When necessities get more expensive, consumers with less disposable income, who already spend a bigger share of their money

Stocks are rallying sharply on Thursday with the Dow gaining some 500 points mid-morning. Worries about sudden spikes in inflation, which weighed on the market at the start of the week, were brushed off in favor of a rebound. The Dow rose 1.5%, or 500 points, while the S&P 500 was up 1.4%. The Nasdaq

McDonald’s is the latest restaurant to say it’s raising wages in a bid to attract workers. The company is increasing hourly employees’ pay by about 10%, it announced Thursday — but the change applies only to a small percentage of staff. Entry-level employees will earn at least $11 to $17 an hour, the company said

McDonald’s is the latest restaurant to say it’s raising wages in a bid to attract workers. The company is increasing hourly employees’ pay by about 10%, it announced Thursday — but the change applies only to a small percentage of staff. Entry-level employees will earn at least $11 to $17 an hour, the company said

The Colonial Pipeline is back in action after a six-day shutdown, but widespread gas station outages in the Southeast could linger for days. Industry executives and government officials warned it will take time to refill gasoline supplies depleted by panic-buying, a truck driver shortage and the ransomware attack on the pipeline. As of 7 a.m.

The price of bitcoin has nosedived after Tesla CEO Elon Musk said his company was suspending plans to accept the cryptocurrency as payment for electric vehicles. Bitcoin was down 12% as of 6:50 a.m. ET on Thursday — bringing the coin’s price down to about $49,300, according to cryptocurrency news website Coindesk. Other digital currencies

Elon Musk’s surprise reversal on accepting bitcoin payments for Tesla cars has triggered a sharp plunge in the cryptocurrency — spelling trouble for other coins that have notched shocking returns in recent months. What’s happening: Bitcoin prices have plummeted about 12% to less than $50,000 in the last 24 hours, according to Coindesk. The decline

As the world grapples with a shortage of semiconductors, South Korea’s chipmakers are spending huge amounts of money to shore up their production in the decade ahead. Samsung and SK Hynix on Thursday announced plans to expand their investments in semiconductors through 2030 by allocating tens billions of dollars of new money to the sector.