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By Chris Isidore, CNN Business Hurricane Ida’s direct hit on the nation’s oil and gasoline industry could send gas prices higher, exacerbating inflation that’s already hurting American consumers. But how much prices will increase, and for how long, will depend on the extent of the damage. The storm hit Louisiana and the Gulf Coast on

By Frank Pallotta, CNN Business We now know when Jon Stewart is heading back to the airwaves. Well, the streaming airwaves, that is. “The Problem with Jon Stewart,” the comedian’s new current affairs series, debuts on Apple TV+ on September 30, the company said Monday. The series will premiere globally in biweekly installments rather than

By Jeevan Ravindran, CNN Nearly a century of leaded gasoline use on roads around the world has come to an end, the UN Environment Programme announced Monday, after Algerian service stations stopped selling the fuel last month. Leaded gasoline — which contains the compound tetraethyllead and is linked to serious health problems — was first

By Paul R. La Monica, CNN Business Shares of Affirm Holdings, the recently public fintech firm, soared more than 40% Monday morning following news that it is partnering with Amazon to roll out its buy-now-pay-later function for some purchases over $50. “By partnering with Amazon we’re bringing the transparency, predictability and affordability that Affirm provides

By Matt Egan If Congress doesn’t implement a new eviction ban, three-quarters of a million American households could be evicted later this year, according to new research. Goldman Sachs estimates that between 2.5 million and 3.5 million households are significantly behind on rent, owing a combined $12 billion to $17 billion to landlords. Those renters

By Richard Quest, CNN Global aviation is still struggling to recover from the pandemic, as the Delta variant forces governments around the world to reintroduce coronavirus restrictions on travel. Australia is no exception. Sydney and Melbourne are back in lockdown. But Qantas CEO Alan Joyce believes a robust recovery for the airline is just around

By Julia Horowitz, CNN Business After surging in the spring, the prices of goods like lumber, corn and soybeans have come back down to Earth. Coffee is headed in the opposite direction. What’s happening: Futures for robusta coffee, which is often used to make espresso, recently jumped as high as $2,024 per tonne, their highest

By Esha Mitra, Manveena Suri, Vedika Sud and Rishabh Pratap, CNN Four men, including a Hindu priest, have been charged with the rape and murder of a 9-year-old girl in the Indian capital Delhi, police said Saturday, in a case that has once again highlighted widespread sexual violence and caste-based discrimination in the country. The

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. In an ever-more-internet-connected world, we are getting close-up views of extreme weather in ways that were hard to imagine a generation ago. When Hurricane Ida barreled ashore and ransacked the

By Brian Stelter, CNN Business Earlier this month, Beheshta Arghand made history in Afghanistan. Arghand, a female anchor at TOLO, an Afghan news network, interviewed a senior Taliban representative on the air. The interview garnered headlines around the world. Two days later, Arghand did it again, interviewing Malala Yousafzai, the activist who survived a Taliban

By Alexis Benveniste, CNN Business Hurricane Ida hit New Orleans Sunday after cutting through the Gulf of Mexico, causing massive disruptions to US oil production before making landfall. More than 95% of the Gulf of Mexico’s oil production facilities have been shut down, regulators said Sunday, indicating the massive storm is having a significant impact