By Julia Horowitz, CNN Business When the latest US jobs report goes live on Friday, investors and economists will be closely watching the number of jobs added in June. What’s happening: Employers are expected to have created 700,000 positions, pushing the unemployment rate down to 5.7%. That would be a strong reading, even though the
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By Julia Horowitz, CNN Business When the latest US jobs report goes live on Friday, investors and economists will be closely watching the number of jobs added in June. What’s happening: Employers are expected to have created 700,000 positions, pushing the unemployment rate down to 5.7%. That would be a strong reading, even though the
Continue Reading By Clare Duffy, CNN Business The scourge of obnoxious robocalls has resumed after a brief dip during the early months of the pandemic. But a new prevention program developed by the Federal Communications Commission — which officially went into effect this week — could begin to offer some relief later this year. The program, called
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By Clare Duffy, CNN Business The scourge of obnoxious robocalls has resumed after a brief dip during the early months of the pandemic. But a new prevention program developed by the Federal Communications Commission — which officially went into effect this week — could begin to offer some relief later this year. The program, called
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British billionaire Richard Branson plans to beat fellow billionaire and rival Jeff Bezos to space. Branson’s company, Virgin Galactic, made a surprise announcement that he will attempt to fly in Virgin’s rocket-powered plane on July 11 — nine days before Bezos’s planned July 20th launch.
Continue Reading 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 plane on July 11 — nine days before Bezos’s planned July 20th launch. The
Continue Reading British billionaire Richard Branson plans to beat fellow billionaire and rival Jeff Bezos to space. Branson’s company, Virgin Galactic, made a surprise announcement that he will attempt to fly in Virgin’s rocket-powered plane on July 11 — nine days before Bezos’s planned July 20th launch.
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The OECD’s tax reform overhaul includes a global minimum tax of at least 15% on multinational companies. CNN’s Christine Romans reports.
Continue Reading The OECD’s tax reform overhaul includes a global minimum tax of at least 15% on multinational companies. CNN’s Christine Romans reports.
Continue Reading The OECD’s tax reform overhaul includes a global minimum tax of at least 15% on multinational companies. CNN’s Christine Romans reports.
Continue Reading 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
Continue Reading 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
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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.
Continue Reading 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.
Continue Reading 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
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“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.
Continue Reading 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
Continue Reading 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
Continue Reading “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.
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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
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