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By Alicia Wallace, CNN (CNN) — President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession. Those feats, economists say, are even more impressive considering the nation was deep in the

By Auzinea Bacon, CNN (CNN) — TikTok users who procrastinated in saving their favorite videos have been doing some last-minute housecleaning with the app set to shut down. On Friday, the Supreme Court upheld a ban on TikTok over concerns about its ties to China. Hours later, TikTok announced it would “go dark” on Sunday

By Aaron Pellish and Brian Stelter, CNN (CNN) — TikTok went offline in the United States Saturday night, less than two hours before a ban was slated to go into effect. The extraordinary blackout prevents access to one of the world’s most popular social media apps – one that had been used by 170 million

By Reuters (CNN) — The U.S. Justice Department on Friday accused pharmacy chain operator Walgreens Boots Alliance of contributing to the U.S. opioid epidemic by filling millions of unlawful prescriptions for addictive painkillers and other drugs. The department intervened in a whistleblower lawsuit filed in federal court in Chicago and accused Walgreens of ignoring “red

By Meena Duerson, CNN (CNN) — When Chad Comey heard sirens outside the Palisades condo he lived in with his parents last Tuesday, he didn’t think much of it. Then the fire alerts started. “I’m holding out hope, I’m rationalizing things, like, we’re right in the heart of the village, this is the last place to make a stand,

By David Culver, Yong Xiong, Norma Galeana, Evelio Contreras and Rachel Clarke, CNN Monterrey, Mexico (CNN) — The huge industrial park sprawls across the rural landscape with row upon row of warehouse-sized manufacturing units. Logos and signs plastered with red and gold — lucky colors in Chinese tradition — brighten the otherwise gray exteriors while

By Auzinea Bacon, CNN (CNN) — The Federal Trade Commission on Friday sued PepsiCo for allegedly engaging in illegal price discrimination with a large retailer. The commission alleges that the retailer, whose name was redacted in the statement from commissioners, received “unfair pricing advantages” that were not made available to others. A source familiar with

By Tami Luhby, CNN (CNN) — The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury Secretary Janet Yellen said in a letter to congressional leaders on Friday. The notice comes just three days

By Hadas Gold, CNN New York (CNN) — CNN settled a lawsuit brought by a US Navy veteran over a 2021 segment on evacuations in Afghanistan on Friday, hours after a jury found the network liable for defaming him. The two-week trial was held in Bay County, Florida. A jury awarded the veteran, Zachary Young,

By Chris Isidore, CNN New York (CNN) — A recent rule change could cause insurance premiums to spike for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in the past. The hikes would come from a potential assessment likely to

By Clare Duffy, CNN New York (CNN) — The clock is ticking down on TikTok in America. A law that requires TikTok to find a new, non-Chinese owner or face a ban is scheduled to go into effect Sunday — and there is little indication the company is set to pull off a sale before

By Lianne Kolirin, CNN (CNN) — A limited edition Barbie of Aaliyah sold out within hours of going on sale on what would have been the late R&B singer’s 46th birthday. The US singer and actress was killed on August 25, 2001, shortly after wrapping her music video for “Rock the Boat,” when her chartered

By Jordan Valinsky, CNN New York (CNN) — Problems with a third-party vendor that Capital One uses are affecting some bank customers’ ability to access money online and igniting anger on social media. The bank said in a statement to CNN that a “technical issue experienced by a third-party vendor” has “temporarily impacted” some of

By Jeanne Sahadi, CNN (CNN) — No part of the United States is spared the risk of extreme weather events, which have been hitting harder in recent years. From wildfires and tornadoes to hurricanes and flooding to prolonged heat waves, the potential damage from extreme weather to people, animals and property is high. Especially if

By Matt Egan, CNN New York (CNN) — Big Oil got its wish: Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape. As oil lobbyists eagerly game out how to dismantle regulation, the clean energy industry is bracing for trouble ahead. Trump has promised to

CNN By Eric Cheung Hong Kong (CNN) — Chinese social media platform Xiaohongshu, also known as RedNote, has been hiring for a surprising position in recent days: English-language content moderators. That’s because a growing number of US users are creating new accounts there, driven in large part by a looming ban on TikTok, which is

By Eric Cheung Hong Kong (CNN) — Chinese social media platform Xiaohongshu, also known as RedNote, has been hiring for a surprising position in recent days: English-language content moderators. That’s because a growing number of US users are creating new accounts there, driven in large part by a looming ban on TikTok, which is due

By Juliana Liu, Hassan Tayir and Nectar Gan, CNN Hong Kong (CNN) — China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week. Much of the growth momentum

By Maria Sole Campinoti, CNN (CNN) — Spirit Airlines announced it will cut 200 jobs in an effort to reduce costs after filing for bankruptcy in November. The airlines filed for Chapter 11 bankruptcy protection due to challenges with debt, competition from other low-cost carriers, and failed merger attempts with other airlines. “We are executing

By Liam Reilly, CNN New York (CNN) — Apple is temporarily pulling its newly introduced artificial intelligence feature that summarizes news notifications after it repeatedly sent users error-filled headlines, sparking backlash from a news organization and press freedom groups. The rare reversal from the iPhone maker on its heavily marketed Apple Intelligence feature comes after

By Alicia Wallace, CNN (CNN) — When President-elect Donald Trump recently floated the idea of annexing Canada, a key reason he gave was a claim that the United States was “losing $200 billion a year” to its northern neighbor. Speaking at Mar-a-Lago last week, Trump didn’t specify what constituted the $200 billion, but he used

By Bryan Mena, CNN Washington (CNN) — Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges. The average rate on a standard, 30-year fixed mortgage was 7.04% in the week ending January 16, according to a survey of lenders released Thursday by Freddie

CNN By Bryan Mena, CNN Washington (CNN) — Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges. The average rate on a standard, 30-year fixed mortgage was 7.04% in the week ending January 16, according to a survey of lenders released Thursday by

By Anna Cooban, CNN London (CNN) — BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also said it was cutting 3,000 contractor roles and

By Brian Stelter, CNN New York (CNN) — The outgoing Democratic chair of the Federal Communications Commission is taking bold action on the way out the door, rejecting what she described as four efforts to weaponize the government’s TV licensing authority for political purposes. Activists on both the right and left may be disappointed. But

By Jordan Valinsky, CNN New York (CNN) — The Super Bowl has always been free to watch with an antenna, but for the first time, it’s streaming for free too. Fox, which is airing the February 9 game, announced that it’s also streaming Super Bowl LIX on Tubi, a free, ad-supported app that it owns.

By Jeanne Sahadi, CNN (CNN) — In the next few months, most Americans will be focused on getting their tax documents together to complete their 2024 returns. But for anyone who buys and sells digital assets like bitcoin, it is worth knowing that 2025 will mark the first tax year that your crypto transactions will

By Clare Duffy, CNN New York (CNN) — TikTok is still three days away from a likely ban in the United States, but many users are already bidding the app farewell and seeking out alternatives. Influencer Jasmine Chiswell posted a video Tuesday, showing her frowning over text that reads: “Me saying goodbye to 18 million

By David Goldman, Kaitlan Collins and Kayla Tausche, CNN (CNN) — President-elect Donald Trump is weighing a plan that could delay America’s TikTok ban, giving the new administration more time to potentially cut a deal with a US buyer to save the super-popular video app, sources familiar with the plans told CNN. The potential executive

By Liam Reilly, CNN New York (CNN) — Prominent right-wing media personalities are calling on the federal government to withhold or place conditions on aid for victims of the devastating Los Angeles wildfires, blaming California’s own policies for the scale of the devastation and response. As firefighters slowly gain control of the wildfires raging near

By Brian Stelter, CNN New York (CNN) — A recent exodus of talent from The Washington Post has prompted more than 400 of its staffers to send an unusual letter to the Post’s owner, Jeff Bezos, expressing alarm over the newspaper’s direction and asking him to intervene. The employees, including some of the Post’s best-known

By Chris Isidore, CNN New York (CNN) — More than $100 million has been raised for California wildfire victims on GoFundMe so far. But some of those fundraising efforts could actually end up limiting the money that would be available through the Federal Emergency Management Agency. FEMA can provide financial assistance for those who lost

By John Towfighi, CNN New York (CNN) — US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks. The Dow surged 703 points, or 1.65%, to close at 43,222. The S&P 500 rose 1.83% and the tech-heavy Nasdaq Composite ended the day higher by 2.45%. The

By Alicia Wallace, CNN (CNN) — Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for months. On Wednesday, it got unstuck. The closely watched core measurement of the Consumer Price Index slowed

By Jeanne Sahadi, CNN (CNN) — If keeping up with tax changes in the law were a sport, 2017 and 2025 might be considered the Tax Olympics. Recall that during the first year of President-elect Donald Trump’s first term, lawmakers defied the odds and passed the largest overhaul of the tax code in more than

By Hanna Ziady, CNN London (CNN) — Germany’s economy, the largest in Europe, contracted for the second year in a row in 2024, official data showed Wednesday, underscoring the challenges facing the region as it tries to get economic growth back on track. Germany’s gross domestic product fell 0.2% last year, according to the country’s

By Jordan Valinsky, CNN New York (CNN) — There’s no better example of having a case of Mondays than the day after the Super Bowl. Coors Light announced Wednesday that it’s temporarily changing its name to “Mondays Light” in an attempt to “bring chill to one of the worst Mondays of the year” by selling

By Chris Isidore, CNN New York (CNN) — There’s a good chance your car knows all about you. Where you’ve been. How fast you drive. If you could’ve been a little easier on the brakes. Even what you look like, thanks to cameras pointed right at your face. This kind of data collection has been

By Ramishah Maruf, CNN New York (CNN) — The US Securities and Exchange Commission sued Elon Musk on Tuesday for allegedly failing to properly disclose his ownership of X, then known as Twitter, as required by federal law, which allowed him to buy shares of the platform at “artificially low prices.” Before he closed his

By Tami Luhby, CNN (CNN) — Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the prices of dozens of specialty generic drugs between 2017 and 2022, the Federal Trade Commission said in an interim report issued Tuesday. The practice came at

By Matt Egan and Paul P. Murphy, CNN (CNN) — The Colonial Pipeline has temporarily shut its main gasoline line – America’s largest fuel pipeline – because of leak in Georgia, the pipeline’s operator and local officials said. Line 1 of the 5,500-mile Colonial Pipeline had a “gasoline release,” according to Stephen Dooley, Paulding County

By Ramishah Maruf and Clare Duffy, CNN New York (CNN) — Meta is aiming to cut about 5% of what it calls its “lowest performers” with plans to backfill those roles later this year, the company confirmed on Tuesday. Those jobs cuts could affect about 3,600 workers, based on Meta’s latest quarterly report citing a

By Jordan Valinsky, CNN New York (CNN) — Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying off approximately 12% of its 5,400 employees amid a downturn in spirits sales. The Louisville-based company has hiked prices in recent years to offset inflation and shield itself from the rising costs of

By Chris Isidore, CNN New York (CNN) — Boeing had a decent orderbook in December to cap a very bad year. But its deliveries for the month show it continues to struggle to rebound from the crippling strike earlier in the fall. The company said it had 142 gross orders in the month, mostly for

By Jordan Valinsky, CNN New York (CNN) — Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high-interest savings accounts. The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates

Al Goodman, CNN Madrid (CNN) — Spain’s prime minister is pushing for far-reaching action to ease the nation’s housing crunch, including a tax of up to 100% on property purchases by non-European Union buyers. “There are too many Airbnbs. What’s lacking is housing,” Pedro Sanchez said Monday as he put forward a raft of new

By Brian Stelter, CNN New York (CNN) — Rashida Jones is stepping down as president of MSNBC and one of her top lieutenants, Rebecca Kutler, is taking over as interim network president. The change atop the progressive news network comes as its corporate parent, Comcast, prepares to spin off MSNBC and other cable channels into

By Brian Stelter, CNN New York (CNN) — There’s a new “Trump bump” materializing for some news outlets, though it’s showing up differently than it did the first time Donald Trump was elected president. That’s the assertion from The Guardian, the British newspaper with an ambitious American arm. According to internal data shared with CNN,

By Alicia Wallace, CNN (CNN) — There appears to be some welcome news on the US inflation front. Price hikes on the wholesale level were much tamer than anticipated in December, according to the latest Producer Price Index released Tuesday, indicating that inflation might not be reaccelerating as much as feared. However, Tuesday’s positive PPI

By Jordan Valinsky and Nathaniel Meyersohn, CNN New York (CNN) — Starbucks doesn’t want to be America’s public bathroom anymore. Starbucks is scrapping a policy that had let anyone hang out at its cafes or use the restrooms without making a purchase. The new rules are part of a larger effort to improve Starbucks’ cafe

KCAL, KCBS, CNN By Donie O’Sullivan, CNN Los Angeles (CNN) — Just hours after Meta chief Mark Zuckerberg announced last Tuesday that the social media giant would eliminate its US-based fact-checkers, the iconic hills above Los Angeles began to smolder. As fire crews scrambled in vain to contain the resulting firestorm, the fact-checking partners, still

CNN By Chris Isidore, CNN New York (CNN) — Martin Johnson and his fiancé, Celeigh Chapman, had spent several years restoring and renovating their home in Altadena by hand. It took only hours to lose the home and everything in it last week. “We didn’t have a kitchen for a year and a half. We

By Chris Isidore, CNN New York (CNN) — Martin Johnson and his fiancé, Celeigh Chapman, had spent several years restoring and renovating their home in Altadena by hand. It took only hours to lose the home and everything in it last week. “We didn’t have a kitchen for a year and a half. We had

By Eric Cheung, Joyce Jiang and Hassan Tayir, CNN Hong Kong (CNN) — As Supreme Court justices ponder the future of TikTok in the United States, a growing number of American social media users have responded by moving to an unlikely alternative: Xiaohongshu, a hugely popular social media app in China. The app, which means

By Vanessa Yurkevich, CNN New York (CNN) — American food markets are running short on eggs, and the situation may not improve for months. The highly contagious avian influenza has wreaked havoc on the egg market. In November and December alone, 17.2 million egg-laying hens died as a result of the virus. That’s nearly half

By Auzinea Bacon, CNN (CNN) — Apple’s board of directors has recommended shareholders vote against a conservative think tank’s proposal to consider scrapping the tech giant’s diversity, equity and inclusion (DEI) initiatives. “At Apple, we believe that how we conduct ourselves is as critical to Apple’s success as making the best products in the world.

By Tami Luhby, CNN (CNN) — Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit reports, threatening the viability of what could be a popular regulation. Two industry groups filed lawsuits last week seeking to block the rule, which was finalized by the Consumer Financial Protection

By Liam Reilly, CNN New York (CNN) — Rachel Maddow is returning to the anchor chair five nights a week. The MSNBC prime time star is expanding her on-air presence for the first 100 days of President-elect Donald Trump’s administration, the network announced Monday, injecting what may be a much-needed ratings boost into the progressive

By Auzinea Bacon, CNN (CNN) — TikTok creators and users are facing the reality that the popular short-video app will likely be banned in the United States. A law that would effectively shut down TikTok nationwide may take effect Sunday if its China-based parent company, ByteDance, does not sell off the app and if the

By Brian Stelter, CNN New York (CNN) — Veteran opinion columnist Jennifer Rubin is becoming the latest in a long list of Washington Post figures to leave the troubled institution. Rubin is partnering with former White House ethics czar Norm Eisen and launching something new: a startup publication called The Contrarian. The startup’s tagline, “Not

By Donie O’Sullivan, CNN Los Angeles (CNN) — Just hours after Meta chief Mark Zuckerberg announced last Tuesday that the social media giant would eliminate its US-based fact-checkers, the iconic hills above Los Angeles began to smolder. As fire crews scrambled in vain to contain the resulting firestorm, the fact-checking partners, still working for Meta,

CNN, EL SEGUNDO FIRE DEPT, KABC, ULYSSES GUEVARA HUGO By Eric Levenson, CNN (CNN) — It’s been less than a week since the year’s first wildfire embers raced through the air over Los Angeles, carried by hurricane-level Santa Ana wind gusts to spark some of the deadliest wildfires California has ever seen. The Palisades Fire

By Jordan Valinsky, CNN New York (CNN) — Kohl’s is closing 27 stores across more than a dozen states as the struggling retailer looks to improve profitability. The closures, to be completed by April, are a small fraction of the chain’s 1,150 stores and were listed as “underperforming,” according to a press release. Kohl’s said

By Nikki Carvajal and Juliana Liu, CNN Washington/Hong Kong (CNN) — The Biden administration has issued new restrictions on the export of US-developed computer chips that power artificial intelligence (AI) systems, in a final effort to prevent rivals like China from accessing the advanced technology, just a week before leaving office. The fresh curbs, the

By Auzinea Bacon, CNN (CNN) — Meta’s decision to end its fact-checking program looks like the company is “caving” to political pressures, said Meta’s oversight board co-chair Michael McConnell. McConnell, who is a law professor at Stanford University, told NPR on Friday that he would have liked to have seen changes made during “less contentious

By John Towfighi, CNN New York (CNN) — New York City’s long-awaited, long-debated congestion pricing began on January 5, marking a new era for driving into Manhattan. Congestion pricing could generate revenue many cities are desperate for, while simultaneously easing traffic and improving air quality. But legal challenges and President-elect Donald Trump’s opposition could determine

CNN By Hadas Gold, CNN (CNN) — Meta is ending its diversity, equity and inclusion programs, known as DEI, the company said Friday, becoming the latest company to pull back from such practices in the wake of pressure from conservative critics and customers. Meta is eliminating the company’s DEI team, ending “equity and inclusion programs

By Auzinea Bacon, CNN (CNN) — Some of the fastest-growing jobs for 2025 barely existed at the turn of the century, according to a new analysis from LinkedIn. LinkedIn examined millions of jobs based on user updates from January 2022 to July 2024, determining noticeable growth in the artificial intelligence industry, as well as newfound

By Auzinea Bacon, CNN (CNN) — Tens of thousands of California residents will decide whether to permanently relocate or rebuild their homes after the most destructive fires in Los Angeles’ history. Insurance companies may cover thousands of dollars in temporary housing and living expenses — unless homeowners are underinsured or not covered. “The policy is

CNN By Clare Duffy, CNN New York (CNN) — TikTok’s fate in the United States is now in the hands of the Supreme Court. And things are not looking good for the app. The Supreme Court on Friday heard oral arguments over the law that could ban TikTok in the United States. The law, signed

By Samantha Delouya and Stephanie Becker, CNN (CNN) — As the Palisades fire began intensifying Tuesday evening, Los Angeles real estate executive Keith Wasserman sent out a plea on social media: “Does anyone have access to private firefighters to protect our home in Pacific Palisades? Need to act fast here. All neighbors houses burning. Will

By Clare Duffy, CNN New York (CNN) — TikTok’s fate in the United States is now in the hands of the Supreme Court. And things are not looking good for the app. The Supreme Court on Friday heard oral arguments over the law that could ban TikTok in the United States. The law, signed by

By Paula Newton and Matt Egan, CNN (CNN) — Canada is preparing to retaliate with an exhaustive list of tariffs on American goods if President-elect Donald Trump follows through with his plans to add a steep 25% import tax on Canadian goods, people familiar with the matter told CNN. The preparations show how raising tariffs

CNN By John Towfighi, CNN New York (CNN) — US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve. The Dow dropped by 697 points, closing at 41,938, while the S&P 500 fell by 1.5% and the tech-heavy Nasdaq index was lower by

By Jeanne Sahadi, CNN (CNN) — The official start date of this year’s tax filing season will be January 27, the IRS said Friday. That is the first day the agency will start accepting and processing 2024 income tax returns. “This has been a historic period of improvement for the IRS, and people will see

By John Towfighi, CNN (CNN) — Vince McMahon agreed to pay $1.7 million to settle Securities and Exchange Commission charges over settlements he made on behalf of himself and World Wrestling Entertainment without properly disclosing them to the company’s board of directors, the SEC announced Friday. McMahon, the former chief executive of WWE, made two

By Alicia Wallace, CNN (CNN) — Americans on the hunt for a new job are facing the lowest level of hiring in a decade, and time spent on unemployment is getting longer. Numbers, however, tell only part of the story. Have you been out of work and actively searching for a job for several months

By John Towfighi, CNN New York (CNN) — US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve. The Dow dropped by 697 points, closing at 41,938, while the S&P 500 fell by 1.5% and the tech-heavy Nasdaq index was lower by 1.6%.

By Jordan Valinsky, CNN New York (CNN) — Hoda Kotb, the co-host of NBC’s “Today,” signed off Friday, ending a nearly two-decade long run with the morning show. As part of her send-off, the program showed a retrospective of her time with “Today,” filled with memories from her co-anchors, including Savannah Guthrie, Craig Melvin, Al

By Liam Reilly, CNN New York (CNN) — Venu Sports, the joint streaming service from Warner Bros. Discovery, Fox Corp., and Disney, has been discontinued before its launch, the trio announced in a surprise move Friday morning. The decision, made collectively by WBD, Fox, and Disney, is effective immediately. “After careful consideration, we have collectively

By Jordan Valinsky, CNN New York (CNN) — Macy’s is closing several dozen stores as part of a previously announced turnaround plan to save the beleaguered retailer. Last year, Macy’s announced it was closing 150 underperforming stores by 2026, shrinking its footprint to about 350 locations when the plan is finished. The 66 store closings

By Clare Duffy, CNN New York (CNN) — Joanne Molinaro’s life changed when she found TikTok. She had clawed all the way up to being a partner at a big Chicago law firm after more than a decade of working in corporate litigation. And it nearly crushed her. “I was thinking to myself … lucky

By Jordan Valinsky, CNN New York (CNN) — It’s not just McDonald’s that is giving its menu a budget-friendly makeover. Other chains have also recently rolled out discounts, signaling that the fast food value meal wars are from over. Dunkin’, KFC, Subway, Taco Bell and Wendy’s have all debuted new promotions this month, continuing last

By Alicia Wallace, CNN (CNN) — The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December. The unemployment rate dipped to 4.1% from 4.2%, wrapping up a year that marked a return to pre-pandemic norms, according to Bureau of Labor Statistics data released Friday. While the final

By Marshall Cohen, CNN Washington (CNN) — A New York appeals court ruled Thursday that Fox Corporation must face Smartmatic’s mammoth defamation lawsuit over the airing of 2020 election lies on Fox News, dealing a blow to the Rupert Murdoch-controlled media giant. Smartmatic, the voting technology company that Fox News guests and hosts falsely accused

By Matt Egan, CNN New York (CNN) — President-elect Donald Trump’s quest to buy Greenland from Denmark could make Ozempic and Wegovy, the weight-loss and diabetes drugs exploding in popularity, even more expensive for Americans. Trump has cranked up the pressure on Danish officials to sell the strategically important North American island, turning to his

CNN By Chris Isidore, CNN New York (CNN) — Lynne Levin-Guzman stood in the front yard of her 90-year-old parents’ home in Los Angeles County, California, trying to protect it with a garden hose — because their insurance company no longer would. “I know I’m not supposed to be here, but this is my parents’

By Alicia Wallace, CNN (CNN) — In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. Through November, the US economy added about 180,000 jobs per month. The unemployment rate bumped higher but stayed near historic lows. Those

By Jordan Valinsky, CNN New York (CNN) — JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold significant sway over the future of America’s malls. The 123-year-old department store chain anchors the new company —

By Ramishah Maruf, CNN New York (CNN) — OpenAI co-founder and CEO Sam Altman denied allegations made by his sister in a lawsuit filed Monday, which claimed he sexually abused her for almost a decade. The lawsuit, filed in federal court in Missouri, accuses him of sexual assault and sexual battery spanning from 1997 to

CNN By Brian Stelter and Liam Reilly, CNN New York (CNN) — Meta’s surprise decision to scrap its fact-checking partnerships – blindsiding journalists involved in the program and putting some out of work – is part of a much bigger shift in media and politics. The very notion of fact-checking is under assault by a

By Jordan Valinsky, CNN New York (CNN) — The former chief executive of MoviePass’ parent company has pleaded guilty to charges of securities fraud and conspiracy and could face up to 25 years in prison. Theodore Farnsworth “engaged in schemes to defraud investors,” the US Department of Justice said in a statement Tuesday, while he