Virgin Group founder Richard Branson is calling for a permanent end to capital punishment around the globe, and he wants more business leaders to get on board.The 70-year-old British billionaire announced a new campaign to build support for abolishing the…
That didn't take long. Non-Fungible tokens, or NFTs — digital artworks and collectibles that have been transformed into verifiable assets — are all the rage in the crypto world. Now even Charmin is getting in on the trend.The toilet paper…
The US airline industry hit a dubious milestone this week: For the first time since the pandemic began, air travel is up from a year ago.That's a positive sign for battered airlines and a potentially worrying sign to health experts.…
Kanye West officially became a billionaire last year. Now, he's a billionaire six times over.The 43-year-old rapper turned fashion and athletic shoe mogul is now worth $6.6 billion, according to Bloomberg.The vast majority of West's wealth is tied up in…
Wall Street stumbled Thursday morning, with tech stocks selling off and the 10-year Treasury bond yield climbing to a new 13-month high.Just a day after remarks from Federal Reserve Chairman Jerome Powell appeased the market, all bets are off again.All…
Piers Morgan has always divided TV audiences, but he gained new notoriety this month after taking on the Duchess of Sussex. With two combative UK media outlets about to launch, that could help him land his next job.The host of…
A year after the pandemic shut down the US economy, America's workers are still hurting. For the past 12 months, first-time claims for jobless benefits have been higher than during the worst moments of the Great Recession.Economists, politicians and workers…
Federal Reserve Chair Jerome Powell has a clear message for investors: Don't stress. We've got this.What's happening: At a press conference Wednesday, Powell reiterated that the central bank does not plan to roll back its massive stimulus efforts until the…
Peloton is teaming up with Adidas to launch its most expansive branded apparel line yet, aimed at its fervent fans that can't get enough of the trendy fitness company.The 11-piece line, called the adidas x Peloton SS21 collection, is priced…
Developers in Southern California are building what they say will be the first 3D-printed zero net energy neighborhood in the United States.Palari Group said it plans to build 15 eco-friendly 3D-printed homes on a five-acre parcel of land in Rancho…
Senior officials from the United States and China are meeting in person on Thursday for the first time since US President Joe Biden took office. But progress toward solving major economic sources of strain — including disputes over tech and…
The banking industry has a race problem, and a new study is putting a spotlight on the inequalities within the nation's largest financial institutions.For people of color, the chances of getting promoted to the highest levels of management or senior…
Doing your laundry with cold water can help save the planet, and maybe save you some money along the way.That's the message from Tide in a newly launched campaign to decarbonize laundry. The goal is for consumers in North America…
The founder of the WallStreetBets is heading to Hollywood.Jaime Rogozinski, the investor who started the subreddit that shook up Wall Street, has signed with United Talent Agency, the company confirmed to CNN Business on Wednesday.The news was first reported by…
Four years after Amazon bought Whole Foods, the e-commerce giant is making another major push to sell shoppers groceries. But this time, Whole Foods isn't the focus of the strategy.Instead, Amazon is ramping up openings of Amazon Fresh grocery stores.…
The Federal Reserve left interest rates near zero Wednesday and said it would continue to use all the tools in its arsenal to support the still bouncing-back US economy.But it struck a somewhat more hawkish tone in its monetary policy…
Topps apologized after it shared an insensitive trading card image of K-pop band BTS bruised and beaten.The sticker card depicts BTS members in whack-a-mole holes with bruised faces, a Grammy trophy over their heads and text that reads "BTS Bruisers."…
Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. And after Christie's auction house sold the first-ever NFT artwork — a collage of images by digital artist Beeple for a whopping $69.3 million last week — NFTs…
The largest union-owned bank in the United States announced its support for reparations for African Americans on Wednesday.Amalgamated Bank became the first major American bank to endorse HR 40, a piece of legislation sponsored by Rep. Sheila Jackson Lee that…
Mortgage rates have been steadily rising this year, but that doesn't seem to be slowing demand for housing — yet.According to Freddie Mac, the average rate on a 30-year mortgage is now 3.05%, up from the all-time low of 2.67%…
