CNN – Business/Consumer

CNN By Oliver Darcy, CNN Business Dr. Anthony Fauci on Thursday night called out Fox News for staying silent after one of its personalities and streaming hosts, Lara Logan, compared him to an infamous Nazi doctor. Speaking on MSNBC with host Chris Hayes, Fauci said, “What I find striking, Chris, is how she gets no

By Paul R. La Monica, CNN Business What’s in your wallet? If you’re a Capital One customer, it might soon be more money: The company will be the first large bank to eliminate overdraft charges. Capital One made the announcement Wednesday, saying is it getting rid of all fees for overdrafts and non-sufficient funds. It

CNN, WHITE HOUSE, PFIZER By Matt Egan, CNN Business Despite rising labor costs, America’s business leaders felt very bullish on the US economy — at least in the days prior to the emergence of the Omicron coronavirus variant. The influential trade group the Business Roundtable said Wednesday its CEO Economic Outlook Survey rose during the

By Matt Egan, CNN Business Despite rising labor costs, America’s business leaders felt very bullish on the US economy — at least in the days prior to the emergence of the Omicron coronavirus variant. The influential trade group the Business Roundtable said Wednesday its CEO Economic Outlook Survey rose during the fourth quarter to the

By Paul R. La Monica, CNN Business This is shaping up to be the biggest year for new stock listings ever, thanks to the debuts of several buzzy unicorns. The list includes buy-now-pay-later leader Affirm, dating app Bumble, Roblox, Oatly, Robinhood and Amazon-backed electric truck maker Rivian, just to name a few. But will the

By Allison Morrow, CNN Business No one likes paying more for stuff. That’s why inflation, especially the sharp price increases we’ve seen in recent months, feels like a dirty word. But on the whole, inflation can actually be a good thing for many working-class Americans, especially those with fixed-rate debt like a 30-year mortgage. That’s

By Matt Egan, CNN Business Commerce Secretary Gina Raimondo is concerned the Omicron coronavirus variant will exacerbate pressure on the already stressed-out global supply chain. “It’s way too soon to tell. But I do worry, because we know people are afraid to go to work,” Raimondo told CNN during an interview at her Washington office.

CNN By Matt Egan Roger Dow, CEO of the US Travel Association, is questioning the logic of President Joe Biden’s travel restrictions, imposed on South Africa and seven neighboring countries following the emergence of the Omicron coronavirus variant. “We want them to revisit this quickly,” Dow told CNN in a phone interview. “We need to

By Matt Egan Roger Dow, CEO of the US Travel Association, is questioning the logic of President Joe Biden’s travel restrictions, imposed on South Africa and seven neighboring countries following the emergence of the Omicron coronavirus variant. “We want them to revisit this quickly,” Dow told CNN in a phone interview. “We need to follow

By Jordan Valinsky, CNN Business Toys “R” Us is opening a new store about a year after a planned relaunch of its brick-and-mortar presence failed. The retailer’s parent company, WHP Global, announced it will open a store at New Jersey’s American Dream mall in mid-December. In a press release, the company said the 20,000 square

By CNN Business The-CNN-Wire™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.

By Julia Horowitz, CNN Business Investors were spooked by the discovery of the new Omicron variant of the coronavirus. Now, they’re contending with another wrinkle in the outlook: The Federal Reserve could be prepared to roll back stimulus measures faster than planned because of persistent inflation. What’s happening: Stocks fell sharply on Tuesday after Fed

By Kara Fox, CNN Business Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to slash planet-warming emissions, according to the International Energy Agency. The energy watchdog estimates that around 290 gigawatts (GW) of renewable energy capacity came online around the

By Chloe Melas and Oliver Darcy, CNN Alec Baldwin sat down with ABC News for his first formal interview since discharging a prop firearm that killed a crew member and injured another on the set of “Rust.” The interview was conducted by anchor George Stephanopoulos and took place Tuesday, a person familiar with the matter