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By Chris Isidore and Virginia Langmaid, CNN Business A large number of unvaccinated workers say they’ll quit their jobs if their employers follow upcoming federal rules to battle the Covid-19 pandemic. A survey by the Kaiser Family Foundation, a think tank concentrating on health issues, found 37% of unvaccinated workers say they will quit their

CNN, CNNBUSINESS By Anneken Tappe, CNN Business This summer, the American economic recovery hit a roadblock. The US economy grew at an annualized rate of only 2% in the third quarter, the Bureau of Economic Analysis reported Thursday. The highly infectious Delta variant of the coronavirus, supply chain chaos, worker shortages, sluggish jobs numbers and

CNN By Brian Stelter, CNN Business The Wall Street Journal’s Opinion section published a lengthy letter to the editor from Donald Trump on Wednesday that was full of the former US president’s debunked claims and conspiratorial falsehoods about the election he lost last year. One day later, the Journal’s editorial board justified the decision by

By Jordan Valinsky, CNN Business A prominent venture capitalist is under fire for calling new dads “losers” if they take months of paternity leave. Palantir cofounder Joe Lonsdale responded to a tweet Wednesday about US Transportation Secretary Pete Buttigieg, who took off work to care for his twin newborns. “Any man in an important position

CNN, CNNBUSINESS By Matt Egan, CNN Business Oil prices are unlikely to stay elevated for long, Chevron’s chief financial officer told CNN. “This feels more cyclical than structural,” Pierre Breber, the CFO of Chevron, the No. 2 US oil company, said in a phone interview. “We view these prices as above mid-cycle and above what

By Matt Egan, CNN Business Americans are already dealing with sticker shock at the grocery store and when filling up at the pump. Next up: Home heating bills. US households that rely on natural gas for heating will spend an average of $746 to heat their homes this winter, up 30% from last winter, according

CNN 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. The Wall Street Journal’s Opinion section published a lengthy letter to the editor from Donald Trump on Wednesday that was full of the former US president’s debunked claims and

By Brian Stelter, CNN Business The Wall Street Journal’s Opinion section published a lengthy letter to the editor from Donald Trump on Wednesday that was full of the former US president’s debunked claims and conspiratorial falsehoods about the election he lost last year. One day later, the Journal’s editorial board justified the decision by saying

Anna Cooban for CNN Business Uber CEO Dara Khosrowshahi said he hopes drivers who rent Teslas through Hertz will eventually end up buying them. Hertz announced on Tuesday that it had placed an order for 100,000 Teslas as it tries to electrify its fleet. Through a partnership with Hertz, Uber plans to offer 50,000 of

CNN, CNNBUSINESS By Paul R. La Monica, CNN Business Hertz has made a lot of headlines lately thanks to its deals with Tesla and Uber. Wall Street has noticed, too. But rival rental car company Avis Budget is doing even better. Shares of Avis Budget have surged 125% since July and are up 370% so

By Nathaniel Meyersohn, CNN Business Costco this week raised its starting wage for hourly store workers in the United States for the second time this year as businesses hike pay to draw and retain workers amid a labor shortage. Costco told employees last week that it would increase its minimum wage from $16 an hour

CNN, CNNBUSINESS By Nathaniel Meyersohn, CNN Business Costco this week raised its starting wage for hourly store workers in the United States for the second time this year as businesses hike pay to draw and retain workers amid a labor shortage. Costco told employees last week that it would increase its minimum wage from $16