Money

More than a year after the pandemic began, the US economy is on the cusp of a full recovery. But reaching that milestone still won’t be easy. CNN Business’ Back-to-Normal Index, developed in partnership with Moody’s Analytics last year, shows the US economy is 90% of the way back to where it was before the

Virgin Galactic’s successful test flight to the edge of space Saturday has helped to get its stock climbing again. Shares of Virgin Galactic shot up 20% in midday trading Monday after Saturday’s flight. The stock is up more than two-thirds from where it bottomed out earlier this month. The flight carried two pilots to an

The Ed Sullivan Theater has been silent since March of 2020. Next month, that’s all going to change. “The Late Show with Stephen Colbert” will welcome back a full audience on June 14. It will be the first time in more than a year that the show will be filmed in front of a live

In recent weeks, investors have poured money into bets on raw materials like steel and iron ore, confident that limits to supply and massive post-pandemic demand would trigger one of the biggest price spikes in decades. Now, thanks to action from China, the frenzy may be on hold. What’s happening: Five top Chinese regulators announced

Om Gaur is in the middle of the most heart-wrenching story of his career as a journalist. Earlier this month, Gaur — the national editor at Dainik Bhaskar, one of the world’s biggest-selling newspapers — got a tip that dead bodies had been spotted floating in the Ganges River in Bihar, a state in eastern

Jack Ma is reportedly stepping down as the president of an elite business school he founded, suggesting a further retreat from public life by China’s most prominent entrepreneur in the face of government pressure on the tech industry. Citing anonymous sources, the Financial Times reported Monday that Ma will no longer serve as the president

China has extended its iron-fisted crackdown on using and trading bitcoin to the industry that oversees the mining of new cryptocurrency tokens. The new steps from Beijing were unveiled late on Friday. They roiled crypto markets over the weekend and pushed crypto miners to suspend some business in China, creating uncertainty about a critical step

Bitcoin prices fell as much as 13% on Sunday, extending losses from a gut-wrenching week for cryptocurrencies. Bitcoin, which accounts for more than 45% of the global crypto market, was trading around $33,000 per coin Sunday morning eastern time — far off its all time high above 64,000 just over a month ago. By Sunday

“Saturday Night Live” ended one of its strangest years — a season in which the show had to do episodes with coronavirus protocols during a pandemic — by explaining to audiences what a wild year it really was. The NBC variety show opened the season finale with cast members, and special guest Chris Rock, going

“F9,” the ninth installment in the popular Fast & Furious franchise, doesn’t open in US theaters until June 25, but it’s already off to a hot start at the box office. The film, which stars Vin Diesel as Dominic Toretto, the street racer turned master thief turned super spy, took in $162.4 million internationally this

Chicago Mayor Lori Lightfoot sparked a backlash last week after limiting interviews to journalists of color on the two-year anniversary of her inauguration, a decision she intended to put a spotlight on the lack of diversity in media. But many journalists, politicians and commentators seized on the moment as a misguided stunt. Gregory Pratt, a

After a year of wearing masks, physical distancing and only small outdoor gatherings, a world of possibilities is finally beginning to open up for the vaccinated. More states are easing coronavirus restrictions as per the latest Centers for Disease Control and Prevention guidance, meaning vaccinated people are now permitted to go maskless in many settings.

When Pastor James Kendall stepped on to the stage of his small church in Madera, California he knew that day’s sermon was going to take him in a direction unlike most. He had seen some troubling Facebook posts from members of his congregation. God, he says, was telling him speak out and warn his flock.

Virgin Galactic’s rocket-powered plane, carrying two pilots, soared into the upper atmosphere on its third mission to reach space Saturday morning. The success cues up Virgin Galactic to begin launching paying customers within the next year as the company works to finish its testing campaign at its new headquarters in New Mexico. Spaceplane VSS Unity

A CNN spokesperson said Saturday that the network has “parted ways” with Rick Santorum, the former US senator and conservative commentator who was the subject of widespread condemnation for recent remarks he made about Native Americans. In an April speech to a conservative youth group, Santorum he spoke about the religious values of European settlers