Money

By Danielle Wiener-Bronner, CNN Business For a moment in late spring and early summer, it seemed that restaurant operators were starting to see the light at the end of the tunnel. The Covid-19 vaccines were publicly available, and more Americans were getting the shot. States and cities eased their pandemic restrictions, including mask mandates and

By Matt Egan, CNN Business Soaring food prices. Limited cash. And a surge of refugees. The economic future of Afghanistan under Taliban rule looks bleak, according to the country’s former central banker. “Afghanistan unfortunately was already facing multiple crises,” Ajmal Ahmady, who led the Afghan central bank before escaping Kabul on Sunday, told CNN, pointing

By Matt Egan, CNN Business Ajmal Ahmady is still disoriented by how rapidly Afghanistan’s US-backed government collapsed to the Taliban. “The situation fell apart very rapidly,” Ahmady, the Harvard-trained economist who led Afghanistan’s central bank, told CNN. “Even on Sunday morning, I was still at my desk working.” But as reports came in that Taliban

By Peter Valdes-Dapena, CNN Business General Motors is recalling another 73,000 Bolt EV and EUV electric vehicles in the United States and Canada for a problem that could cause the vehicles to catch fire. GM had earlier announced that the recall would cost $800 million, but that was before the recall was expanded to cover

By Chris Isidore, CNN Business You’re going to have to wait a long time if you want to buy just about any Tesla. Estimated delivery times on Tesla’s website have been pushed back until late this year — and in come cases next year — for all but the upper-end versions of the Model 3

By Chauncey Alcorn, CNN Business A trio of Black former Kraft Heinz factory workers are suing the company for $30 million over what they claim was routine racist harassment from former co-workers and supervisors. The plaintiffs claim their former coworkers left notes in their lockers calling them the N-word and once threatened to kill them

By Paul R. La Monica, CNN Business The buzzy sports apparel startup Fanatics will become the new exclusive licensee for Major League Baseball cards, taking over from Topps after its deal with MLB ends in 2025, a source close to the company confirmed to CNN Business on Friday. As a result, the more than 80-year-old

By Brian Stelter, CNN Business Mike Richards strategized for years to become the host of an iconic TV game show. But he lasted as the host of “Jeopardy!” for just one taping day. The producer-turned-host who positioned himself as Alex Trebek’s rightful heir said Friday he has “stepped down,” citing the controversy over “past incidents

By Nathaniel Meyersohn, CNN Business Amazon upended the US brick-and-mortar department store model built by companies like Sears and J.C. Penney. Now, the e-commerce giant reportedly has plans to open physical stores that resemble the concept it’s helping to crush. Amazon is expected to open department stores in the United States, starting in Ohio and

By Julia Horowitz, CNN Business China’s escalating crackdown on the country’s once-mighty technology sector shows no signs of abating, leaving investors to wonder: Where does the market rout end? What’s happening: China passed sweeping new rules about the collection and use of personal data on Friday, just days after it proposed major changes to curb

By Nadine Schmidt, CNN Business Taliban fighters searching for a Deutsche Welle journalist in Afghanistan shot dead a member of his family and seriously injured another, Germany’s international public broadcaster reported. Deutsche Welle said that other relatives of the journalist were able to escape and are on the run. The Deutsche Welle journalist the fighters