Money

By Jordan Valinsky, CNN Business Sports fans who can’t get enough of watching legendary games of the past are in for a disappointment: ESPN Classic is shutting down early next year. The 26-year-old channel will cease operation on January 1, 2022, a Disney spokesperson confirmed. ESPN Classic is currently available in just 2 million homes,

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. HOUSE FLOP Zillow shares fell more than 20% Wednesday on the news that it’s pulling the plug on its house-flipping business and laying off a quarter

CNN, CNNBUSINESS By Nathaniel Meyersohn and Danielle Wiener-Bronner, CNN Get ready to pay even more for the fun stuff in your grocery cart. Top snack makers Kraft Heinz and Mondelez say they will hike prices for retail customers on varieties of Kraft Mac & Cheese, Jell-O, Bagel Bites, Cool Whip, Toblerone, Sour Patch Kids and

Opinion by Gad Levanon for CNN Business Perspectives After enhanced unemployment benefits expired and schools re-opened in person, many expected workers to go back to work and the nation’s labor shortage to ease significantly by September. But recent data suggest that, if anything, the shortage is getting more severe. And though the risk of a

CNN, HARTFORD HEALTHCARE, PFIZER By Chris Isidore, CNN Business Moderna fell short of profit and sales expectations for the third quarter, and the Covid vaccine maker warned that its full year shipments of the vaccine will not meet its forecasts. Shares of Moderna plunged nearly 20% at their low point of the day Thursday and

By Julia Horowitz, CNN Business For about 20 months, central banks have funneled an unprecedented amount of cash into the financial system, aiming to limit the worst effects of the Covid-19 pandemic on the economy. Now, with an eye on inflation, they’re changing course — with big ramifications for stocks and bonds. What’s happening: The

By Anneken Tappe, CNN Business America’s job market recovery hit a roadblock in the late summer and early fall. In recent months, the tally of jobs added to the economy has been disappointingly low. But economists have high hopes that the streak of bad news will end with the October jobs report, which is due

CNN, CNN BUSINESS By Vanessa Yurkevich, CNN Ford will mandate vaccines for most of its 32,000 US salaried employees, a spokesperson for the company said Wednesday. Those workers have until December 8 to be fully vaccinated. Employees who refuse to do so and do not have an approved religious or medical exemption could be put

By Vanessa Yurkevich, CNN Ford will mandate vaccines for most of its 32,000 US salaried employees, a spokesperson for the company said Wednesday. Those workers have until December 8 to be fully vaccinated. Employees who refuse to do so and do not have an approved religious or medical exemption could be put on unpaid leave

CNN, CNNBUSINESS 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. HOUSE FLOP Zillow shares fell more than 20% Wednesday on the news that it’s pulling the plug on its house-flipping business and laying off

By Matt McFarland, CNN Business Drivers with Tesla’s “full self-driving” software often don’t know what their cars will do next. Tesla owners have been wowed by their cars’ new abilities, but some say they have also been alarmed and frustrated by the accompanying flaws. One second drivers find themselves praising the cars’ skills; the next