Live UpdatesBy , and , CNNLink Copied!Video Ad FeedbackWhat is a bank run?Link Copied!Show allYou can now avoid credit card interest until 2024A slam dunk if you need a balance transfer (21 months)It’s official: now avoid credit card interest into 20240% intro APR until 2024 is 100% insaneLeading cash back card now has 0% intro APR until 2024Sort By“Bailout” became a curse word in American politics following the 2008 global financial crisis, fueling backlash among people who felt the risks and potential consequences of capitalism didn’t apply to big corporations or the wealthy.Now...…Live UpdatesBy , and , CNNLink Copied!Video Ad FeedbackWhat is a bank run?Link Copied!Show allYou can now avoid credit card interest until 2024A slam dunk if you need a balance transfer (21 months)It’s official: now avoid credit card interest into 20240% intro APR until 2024 is 100% insaneLeading cash back card now has 0% intro APR until 2024Sort By“Bailout” became a curse word in American politics following the 2008 global financial crisis, fueling backlash among people who felt the risks and potential consequences of capitalism didn’t apply to big corporations or the wealthy.Now...WW…

San Francisco (CNN Business)In the run-up to the last year, Gina Muoio was pulling 60-to-80-hour weeks at the Mandalay Bay Convention Center in Las Vegas.Muoio worked as an event coordinator for a third-party electrical vendor and carefully choreographed the power needs for exhibitors, presenters and attendees at trade shows held in the massive hall. "There are very long days, and you're on your feet the entire time," said Muoio, 39. "Sometimes you don't even have time to eat."During a typical January, the presence of CES in and around Las Vegas is unmistakable. Hotel prices skyrocket,...…San Francisco (CNN Business)In the run-up to the last year, Gina Muoio was pulling 60-to-80-hour weeks at the Mandalay Bay Convention Center in Las Vegas.Muoio worked as an event coordinator for a third-party electrical vendor and carefully choreographed the power needs for exhibitors, presenters and attendees at trade shows held in the massive hall. "There are very long days, and you're on your feet the entire time," said Muoio, 39. "Sometimes you don't even have time to eat."During a typical January, the presence of CES in and around Las Vegas is unmistakable. Hotel prices skyrocket,...WW…

San Francisco (CNN Business)Come Friday, many low-wage workers across the US are getting a pay bump.Twenty states are raising their minimum wage rates — some by pennies, others by a dollar or more — as part of previously-scheduled to adjust for cost-of-living gains or to ratchet up toward goals like $15-an-hour minimum pay. In New Mexico, the minimum wage will increase to $10.50, up $1.50 from the current $9 wage. And in California, the rate for employers with 26 workers or more will rise from $13 to $14 an hour, the highest state-wide baseline in the country. In Minnesota, the gain is just...…San Francisco (CNN Business)Come Friday, many low-wage workers across the US are getting a pay bump.Twenty states are raising their minimum wage rates — some by pennies, others by a dollar or more — as part of previously-scheduled to adjust for cost-of-living gains or to ratchet up toward goals like $15-an-hour minimum pay. In New Mexico, the minimum wage will increase to $10.50, up $1.50 from the current $9 wage. And in California, the rate for employers with 26 workers or more will rise from $13 to $14 an hour, the highest state-wide baseline in the country. In Minnesota, the gain is just...WW…

San Francisco (CNN Business)The Federal Trade Commission is continuing its crackdown on consolidation in the razor business.The FTC on Tuesday announced that it will file a lawsuit to keep , the world's largest consumer goods company, from acquiring Billie, . Eight months ago, , suing to stop Schick-owner from absorbing Harry's, a men's razor startup. The FTC claimed the would "remove a critical disruptive rival that has driven down prices and spurred innovation" in an industry long-dominated by two main suppliers: Edgewell and P&G.The Billie deal would present similar problems,...…San Francisco (CNN Business)The Federal Trade Commission is continuing its crackdown on consolidation in the razor business.The FTC on Tuesday announced that it will file a lawsuit to keep , the world's largest consumer goods company, from acquiring Billie, . Eight months ago, , suing to stop Schick-owner from absorbing Harry's, a men's razor startup. The FTC claimed the would "remove a critical disruptive rival that has driven down prices and spurred innovation" in an industry long-dominated by two main suppliers: Edgewell and P&G.The Billie deal would present similar problems,...WW…

MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — In 2016, the US election as cannabis legalization measures passed in eight out of nine states.Now, the industry and its supporters are hoping for another big win in November.This year, voters in five states will decide whether to adopt either new medical or recreational cannabis laws – or, perhaps, both in the case of one state.As it stands now, 33 states have legalized medical cannabis, and of those, 11 states have legalized cannabis for adult recreational use.If more states join that list, it...…MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — In 2016, the US election as cannabis legalization measures passed in eight out of nine states.Now, the industry and its supporters are hoping for another big win in November.This year, voters in five states will decide whether to adopt either new medical or recreational cannabis laws – or, perhaps, both in the case of one state.As it stands now, 33 states have legalized medical cannabis, and of those, 11 states have legalized cannabis for adult recreational use.If more states join that list, it...WW…

San Francisco (CNN Business) is on an operation to take out some "zombies."The beverage giant, fresh off announcing the , is considering dumping other "zombie brands" — or those that aren't growing — to help cut costs, Coke's CEO James Quincey said on the company's second-quarter earnings call Tuesday.During the past few months, Coca-Cola — — streamlined its product offerings and zeroed in on its larger and best-selling brands to help ease the strain on supply chains. Coca-Cola is now doubling down on those efforts. In Coca-Cola's second quarter, which ended on June 26, the company saw...…San Francisco (CNN Business) is on an operation to take out some "zombies."The beverage giant, fresh off announcing the , is considering dumping other "zombie brands" — or those that aren't growing — to help cut costs, Coke's CEO James Quincey said on the company's second-quarter earnings call Tuesday.During the past few months, Coca-Cola — — streamlined its product offerings and zeroed in on its larger and best-selling brands to help ease the strain on supply chains. Coca-Cola is now doubling down on those efforts. In Coca-Cola's second quarter, which ended on June 26, the company saw...WW…

San Francisco (CNN Business)The company that owns retail chains Urban Outfitters and Anthropologie says it has changed a policy intended to combat shoplifting that allegedly resulted in the racial profiling of customers. says it previously used a theft prevention policy that instructed workers to identify potential shoplifters using code words such as "Nick," "Nicky" and "Nicole."But employees allegedly directed the code words largely at people of color who were in stores, according to a report by ."It has been brought to our attention that this policy was misused," URBN said in an emailed...…San Francisco (CNN Business)The company that owns retail chains Urban Outfitters and Anthropologie says it has changed a policy intended to combat shoplifting that allegedly resulted in the racial profiling of customers. says it previously used a theft prevention policy that instructed workers to identify potential shoplifters using code words such as "Nick," "Nicky" and "Nicole."But employees allegedly directed the code words largely at people of color who were in stores, according to a report by ."It has been brought to our attention that this policy was misused," URBN said in an emailed...WW…

MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — Cannabis continues to make history on Capitol Hill — albeit incrementally.Although federal cannabis legalization may not be imminent, Congress is taking early steps to better understand how to research and regulate the complex plant.The Health subcommittee of the US House Committee on Energy and Commerce on Wednesday joined the shortlist of subcommittees that have delved into cannabis. No votes were cast nor policy decisions made, but the — the first-ever cannabis hearing for the Energy and...…MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — Cannabis continues to make history on Capitol Hill — albeit incrementally.Although federal cannabis legalization may not be imminent, Congress is taking early steps to better understand how to research and regulate the complex plant.The Health subcommittee of the US House Committee on Energy and Commerce on Wednesday joined the shortlist of subcommittees that have delved into cannabis. No votes were cast nor policy decisions made, but the — the first-ever cannabis hearing for the Energy and...WW…

AdvertisementFirst went the hand sanitizer, disinfectants and toilet paper.Now hair clippers and hair dye are flying off shelves.In recent weeks, Americans' shopping patterns are serving as a reflection of how the coronavirus pandemic continues to evolve and affect daily lives."You can definitely see that as people have stayed home, their focus shifted," Walmart CEO Doug McMillon said , Friday.After stocking up on food and consumable products, shoppers turned to puzzles, games and other timeless forms of entertainment as well as education, he said.Now, sales are showing that — without the...…AdvertisementFirst went the hand sanitizer, disinfectants and toilet paper.Now hair clippers and hair dye are flying off shelves.In recent weeks, Americans' shopping patterns are serving as a reflection of how the coronavirus pandemic continues to evolve and affect daily lives."You can definitely see that as people have stayed home, their focus shifted," Walmart CEO Doug McMillon said , Friday.After stocking up on food and consumable products, shoppers turned to puzzles, games and other timeless forms of entertainment as well as education, he said.Now, sales are showing that — without the...WW…

San Francisco (CNN Business)For local D.C. bakery DC Sweet Potato Cake, $23,000 would have gone a long way. The bakery, known for its , sought a Small Business Administration Covid-19 relief loan intended to keep its seven workers, including four full-timers, on payroll. The money would have given the bakery a fighting chance to complete an 11,000-cake order -- a lifeline tossed out by one of its grocery partners. Instead, on Friday, co-owner April Richardson advised three of her workers to file for unemployment. In fewer than two weeks, the funds in the Paycheck Protection Program (PPP), a...…San Francisco (CNN Business)For local D.C. bakery DC Sweet Potato Cake, $23,000 would have gone a long way. The bakery, known for its , sought a Small Business Administration Covid-19 relief loan intended to keep its seven workers, including four full-timers, on payroll. The money would have given the bakery a fighting chance to complete an 11,000-cake order -- a lifeline tossed out by one of its grocery partners. Instead, on Friday, co-owner April Richardson advised three of her workers to file for unemployment. In fewer than two weeks, the funds in the Paycheck Protection Program (PPP), a...WW…