Money

By Paul R. La Monica, CNN Business Online pet supply retailer Chewy got a huge boost during the pandemic as more consumers shopped on their phones and laptops — and adopted more kittens and puppies. But it looks like Chewy’s Covid lift is fading, and that’s sending the stock to Wall Street’s dog house. Shares

Opinion by Gad Levanon for CNN Business Perspectives The sharp decline in Covid cases during the first half of 2021 raised expectations that the pandemic would gradually die down and the jobs market would return to normal by year’s end. But the Delta variant has scrambled that labor market outlook for this year and beyond,

By Julia Horowitz, CNN Business Last month, Before the Bell observed early signs that the red-hot global housing market could be starting to cool, as elevated prices appeared to hurt demand and home improvement spending eased. We may have called the top too soon. What’s happening: US home prices rose 18.6% in June compared to

By Anneken Tappe, CNN Business The US jobs recovery is about to get a reality check. It was a strong summer, with nearly 2.5 million jobs added back between May and July even as the Delta variant started to increase Covid-19 infections — but economists are now growing cautious that August may not have been

By Jessie Yeung and Meenketan Jha, CNN The air pollution in India is so bad that it could be reducing the life expectancy of hundreds of millions of people by as much as nine years, according to a new study. The report, released Wednesday by the United States-based research group Energy Policy Institute at the

By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. ABC News President Kim Godwin hasn’t even been on the job for six months, but she has already infuriated her bosses over at Disney. When Godwin called for an independent,

By Lauren del Valle, CNN Business A federal bankruptcy judge ruled that Purdue Pharma, the maker of the addictive painkiller OxyContin, will be dissolved under a settlement deal and that its owners, members of the Sackler family, will pay out more than $4 billion to address the opioid epidemic that’s killed more than 500,000 Americans.

By Kerry Flynn, CNN Business Joe Rogan, one of the world’s highest paid and most influential podcast hosts, announced Wednesday he has tested positive for Covid-19 and said he’d embarked on a fringe treatment regime. In a video posted to his official Instagram account, Rogan said he felt “very weary” on Saturday and got tested

By Brian Stelter, CNN Business Every week we read a new story about a conservative media figure who downplayed Covid-19 or mocked the vaccines and wound up hospitalized or dead. Almost as often, we see sad new examples of overlapping misinformation. Here’s what I mean by “overlapping misinformation:” An attorney representing many high-profile suspects from