Consumer bureau orders debt collection agency to shut down for illegal practices
By Jeanne Sahadi, CNN New York (CNN) — The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt…
Continue ReadingBy Jeanne Sahadi, CNN New York (CNN) — The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt…
Continue ReadingBy Alex Hardie, CNN (CNN) — The Lufthansa Group plans to resume flights to Tel Aviv beginning January 8, 2024, nearly three months after it…
Continue ReadingBy Matt Egan, CNN New York (CNN) — President Joe Biden’s top economic adviser sounds increasingly confident that the American economy will…
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — With millions of people expected to fly in the coming days, Southwest Airlines is vowing there won’t…
Continue ReadingBy Anna Cooban, CNN London (CNN) — Global coal demand is likely to have peaked this year, and could drop by about 2% over the next three years…
Continue ReadingBy Caitlin Danaher and Lauren Said-Moorhouse, CNN London (CNN) — The Duke of Sussex was awarded £140,600 ($179,000) on Friday after the UK…
Continue ReadingBy Juliana Liu, CNN Hong Kong (CNN) — This week, Chinese authorities across the board intensified efforts to boost growth, but those attempts…
Continue ReadingBy Clare Duffy, CNN New York (CNN) — Associates of Elon Musk are planning to launch a new primary and secondary school, and ultimately a…
Continue ReadingBy Samantha Delouya, CNN (CNN) — Fast-fashion retailer Shein has been hit with a lawsuit by rival Temu, alleging the company has used…
Continue ReadingBy Krystal Hur and Octavio Blanco, CNN New York (CNN) — General Motors will lay off about 1,300 workers from two of its Michigan plants,…
Continue ReadingBy Matt Egan, CNN New York (CNN) — Top federal regulators are warning for the first time that the use of artificial intelligence poses a risk…
Continue ReadingBy Olivia LaBorde, CNN (CNN) — An Atlanta woman pleaded guilty to stealing more than $4 million from Facebook while she was an executive at…
Continue ReadingBy Catherine Thorbecke, CNN (CNN) — General Motors’ beleaguered self-driving car subsidiary Cruise said Thursday that it was laying off…
Continue ReadingBy Nathaniel Meyersohn, CNN New York (CNN) — WeightWatchers is accelerating its pivot away from a diet culture brand and into a company…
Continue ReadingThe Daily Yonder dives into why, despite efforts by the Biden Administration to level the playing field for low-capacity communities, applying for…
Continue ReadingBy Matt Egan and Danny Freeman, CNN New York (CNN) — To punish the University of Pennsylvania for its response to antisemitism, Pennsylvania…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates fell under 7% for the first time since mid-August this week. It is the seventh…
Continue ReadingSpending at US retailers rebounded in November after declining in October, pointing to the continued resilience of the US consumer and a strong start…
Continue ReadingFor almost two years now, the story of the economy and markets has been all about runaway inflation and central banks’ historic attempts to reverse…
Continue ReadingBy Krystal Hur, CNN New York (CNN) — A powerful activist investor is escalating his battle over the future of Disney in a long-simmering feud…
Continue ReadingBy Matt Egan, CNN New York (CNN) — Baseball superstar Shohei Ohtani just inked a monster contract with a unique structure that will surely make…
Continue ReadingBy Christopher Lamb, CNN (CNN) — Pope Francis has called for an international treaty to regulate the use of Artificial Intelligence, warning…
Continue ReadingBy Casey Tolan, Audrey Ash and Rene Marsh, CNN (CNN) — The largest credit union in the US has the widest disparity in mortgage approval rates…
Continue ReadingCNN By Casey Tolan, Audrey Ash and Rene Marsh, CNN (CNN) — The largest credit union in the US has the widest disparity in mortgage approval…
Continue ReadingAnalysis by Hanna Ziady, CNN London (CNN) — When Volkswagen mapped out its electric future in 2019, it was the world’s biggest carmaker, with…
Continue ReadingBy Matt Egan and Samantha Delouya, CNN Washington, D.C. (CNN) — Treasury Secretary Janet Yellen is on a mission to repair the fragile yet vital…
Continue ReadingBy Laura He, CNN Hong Kong (CNN) — China’s regional governments have issued a record amount of special bonds to support troubled smaller…
Continue ReadingBy Diksha Madhok, CNN (CNN) — China has overtaken the United States as the biggest branded coffee shop market in the world by outlets,…
Continue ReadingBy Anna Bahney, CNN (CNN) — There is no doubt rent is too high for many Americans, but thanks to a recent boom in the construction of apartment…
Continue ReadingFor the third time in a row, the Federal Reserve on Wednesday decided not to raise (or lower) its key interest rate. Consequently, the Fed’s…
Continue ReadingBy Samantha Murphy Kelly, CNN (CNN) — When ChatGPT launched late last year, some high schools quickly developed strict policies to prohibit…
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — Former BP CEO Bernard Looney is forfeiting about $40 million in severance because the company’s…
Continue ReadingTumbling energy prices helped to bring US wholesale inflation down below pre-pandemic levels and to its second-lowest rate this…
Continue ReadingThe Federal Reserve has a lot of sway over the US economy and financial markets. But there’s one thing it doesn’t have: the ability to get…
Continue ReadingApple is rolling out an iPhone security update to keep thieves out of your…
Continue ReadingCNN By Chris Isidore, CNN New York (CNN) — Tesla is recalling nearly all 2 million of its cars on US roads to limit the use of its Autopilot…
Continue ReadingVideo-sharing platform TikTok has become the first app that isn’t a mobile game to generate $10 billion in global consumer spending, according to a…
Continue ReadingBy Jon Passantino, CNN New York (CNN) — OpenAI will pay publishing giant Axel Springer to use its news content in the company’s artificial…
Continue ReadingBy Elisabeth Buchwald, CNN New York (CNN) — Inflation slowed down again in November, with prices across all goods and services rising at a…
Continue ReadingBy Matt Egan, CNN New York (CNN) — J. Larry Jameson, the University of Pennsylvania’s newly installed interim president, called the past few…
Continue ReadingBy Alaa Elassar, CNN (CNN) — Haraz Coffee House in Dearborn, Michigan, is usually teeming with customers eager for a taste of its delicious…
Continue ReadingBy Mark Thompson, CNN London (CNN) — Airbnb has agreed to pay 576 million euros ($621 million) to settle a longstanding dispute over unpaid…
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — Kid Rock is changing his tune on Bud Light. He was one of the first people to declare a boycott on Bud…
Continue ReadingBy Oliver Darcy, CNN New York (CNN) — The future is now. The New York Times on Tuesday announced the creation of a new newsroom position:…
Continue ReadingBy Chris Isidore, CNN New York (CNN) — Tesla is recalling nearly all 2 million of its cars on US roads to limit the use of its Autopilot…
Continue ReadingBy Bryan Mena, CNN Washington, DC (CNN) — The Federal Reserve said Wednesday it will hold interest rates steady at a 22-year high for the…
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — Amazon, Target and Walmart have voluntarily stopped selling water beads marketed for children after…
Continue ReadingBy Krystal Hur, CNN New York (CNN) — Argentina will devalue the peso by more than 50% as part of emergency measures to help the nation’s…
Continue ReadingBy Sergio Padilla, CNN New York (CNN) — The Electronic Entertainment Expo, known by video game enthusiasts as E3, is no more. The live trade…
Continue ReadingBy Jennifer Korn, CNN New York, NY (CNN) — A new $10 billion mega chip-making complex is coming to New York state. Governor Kathy Hochul…
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — In a major step in transparency, Netflix for the first time released on Tuesday a report of what people…
Continue ReadingBy Clare Duffy, CNN New York (CNN) — The New Mexico Attorney General’s office has accused Meta of shutting down the accounts it used to…
Continue ReadingBy Brian Fung, CNN (CNN) — Fresh off his company’s monumental court victory over Google, Epic Games CEO Tim Sweeney says he has a theory for…
Continue ReadingBy Matt Egan, CNN New York (CNN) — The University of Pennsylvania’s board of trustees is tapping J. Larry Jameson, its longest serving dean,…
Continue ReadingBy Alicia Wallace, CNN New York (CNN) — For the first time since early last year, food prices aren’t rising faster than overall inflation —…
Continue ReadingThe US government plans to vastly expand its reliance on artificial intelligence, but it is years behind on policies to responsibly acquire and use…
Continue ReadingSometimes boring and predictable can be good…
Continue ReadingDoritos is betting on a new way to get people addicted to their tortilla chips:…
Continue ReadingBy Nathaniel Meyersohn, CNN New York (CNN) — Macy’s has struggled for years against rising competition and shoppers migrating away from…
Continue ReadingBy Olesya Dmitracova, CNN London (CNN) — Zara has pulled an advertising campaign that provoked a backlash from people decrying what they said…
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — Harvard University President Claudine Gay has drawn national attention over her contentious comments on…
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — Choice Hotels, which owns a number of budget lodging brands, including Comfort Inn, is getting more…
Continue ReadingBy Matt Egan, CNN New York (CNN) — Embattled Harvard President Claudine Gay has gained the unanimous support of the university’s board,…
Continue ReadingBy Hanna Ziady, CNN London (CNN) — The maker of Dove soap and Cif floor cleaner is being investigated by the UK antitrust regulator over…
Continue ReadingBy Michelle Toh, CNN Hong Kong (CNN) — The billionaire founder of Chinese online shopping giant JD.com is rallying the troops and calling for…
Continue ReadingBy Ally Barnard and Tara Subramaniam, CNN Hong Kong (CNN) — “The Boy and the Heron,” the latest work from beloved Japanese animator Hayao…
Continue ReadingBy Brian Fung, CNN (CNN) — In a momentous decision that could chip away at Google’s firm control of its Android app store, a federal jury…
Continue ReadingIf you turned to Google these past few months to make sense of the Israel-Hamas war, you aren’t…
Continue ReadingBy Samantha Delouya, CNN (CNN) — Hasbro is slashing nearly 20% of its workforce amid an ongoing slump in toy sales. Hasbro CEO Chris Cocks…
Continue ReadingBy Liam Reilly, CNN (CNN) — Digital publisher The Arena Group, which operates household brands such as Sports Illustrated and The Street, fired…
Continue ReadingCNN By Clare Duffy, CNN New York (CNN) — A day after Elon Musk restored the X accounts of notorious right-wing conspiracy theorist Alex Jones…
Continue ReadingBy Clare Duffy, CNN New York (CNN) — A day after Elon Musk restored the X accounts of notorious right-wing conspiracy theorist Alex Jones and…
Continue ReadingBy Liam Reilly, CNN (CNN) — Hannah Giles, the chief executive of Project Veritas, said Monday she has stepped down from her role at…
Continue ReadingBy Oliver Darcy, CNN (CNN) — The National Football League is in an uncomfortable position. The sports and entertainment juggernaut is in talks…
Continue ReadingBy Brian Fung, CNN Washington (CNN) — Elon Musk has asked the Supreme Court to weigh in on whether the Securities and Exchange Commission…
Continue ReadingBy Catherine Thorbecke, CNN New York (CNN) — Microsoft says it’s giving labor leaders a seat at the table for discussions about the…
Continue ReadingShares of Macy’s soared more than 17% early Monday on a Wall Street Journal report that the iconic 165-year old retailer closely associated with…
Continue ReadingMoneywise looks into how millennials are finding alternative investment opportunities in the wake of the collapse of Silicon Valley Bank and…
Continue ReadingBy Clare Duffy, CNN New York (CNN) — It will likely come as little surprise to many parents that a large percentage of American teens say their…
Continue ReadingBy Hanna Ziady, CNN London (CNN) — The most disadvantaged people in the United Kingdom are no better-off than they were 15 years ago, according…
Continue ReadingCNN By Matt Egan, CNN New York (CNN) — Billionaire Len Blavatnik is joining the list of frustrated Harvard donors closing their checkbooks to…
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — Soho House has become so popular that it’s no longer admitting new members to access its clubs in…
Continue ReadingBy Laura He, CNN Hong Kong (CNN) — While many central banks around the world are still trying to cool inflation, China is grappling with…
Continue ReadingBy Sergio Padilla, CNN New York (CNN) — Spotify made a name for itself in the audio-streaming business through its hyper-personalized user…
Continue ReadingBy Eva Rothenberg, CNN New York (CNN) — Now that Liz Magill has stepped down as president of the University of Pennsylvania, the spotlight has…
Continue ReadingBy David Goldman, CNN New York (CNN) — When Liz Magill was hired to be the 27th leader of the nearly 300-year-old University of Pennsylvania 20…
Continue ReadingBy Tami Luhby, CNN (CNN) — CVS Pharmacy is promising to make its drug pricing system simpler and more transparent. But that may not translate…
Continue ReadingInvestors are feeling bullish that the Federal Reserve will begin to cut interest rates in the first half of next year, despite Fed Chair Jerome…
Continue ReadingBy Eva Rothenberg, CNN New York (CNN) — After facing mounting pressure for months, University of Pennsylvania President Liz Magill announced…
Continue ReadingBy Samantha Delouya, CNN Los Angeles (CNN) — To the casual shopper, Sears, one of America’s oldest retailers, may appear to be on life…
Continue ReadingCNN By Eva Rothenberg, CNN New York (CNN) — Now that Liz Magill has stepped down as president of the University of Pennsylvania, the spotlight…
Continue ReadingBy Skylar Harris and Eva Rothenberg, CNN New York (CNN) — New York Governor Kathy Hochul on Saturday warned state colleges and universities of…
Continue ReadingBy Matt Egan, CNN New York (CNN) — In a stunning downfall for the leader of one of the world’s most prestigious universities, Liz Magill, the…
Continue ReadingBy Clare Duffy, CNN New York (CNN) — Elon Musk said the account of right-wing extremist Alex Jones would be reinstated on X, formerly known as…
Continue ReadingBy Parija Kavilanz, CNN New York (CNN) — Deodorant, detergent, granola bars, cookies, underwear. Shop for any of these every day items and…
Continue ReadingBy Danielle Wiener-Bronner, CNN New York (CNN) — McDonald’s announced on Wednesday that it is piloting a new cafe concept called CosMc’s,…
Continue ReadingWLS, MCDONALD’S, CNN By Danielle Wiener-Bronner, CNN New York (CNN) — McDonald’s announced on Wednesday that it is piloting a new cafe…
Continue ReadingBy Elisabeth Buchwald, CNN New York (CNN) — In good economic times and bad, people’s self-control to spend within their means on gifts during…
Continue ReadingCNN, KYW By Nicki Brown, CNN (CNN) — The president of Harvard University apologized in an interview with the school’s student newspaper after…
Continue ReadingBy Peter Valdes-Dapena, CNN (CNN) — It can take 20 minutes to “fast charge” an electric car up to 80%. But what if you could just change…
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