Money

By Jeanne Sahadi, CNN (CNN) — Who couldn’t use a little extra cash this month without having to lift a finger? A million tax filers are getting letters from the IRS indicating they have money coming to them because they were eligible to receive the 2021 Recovery Rebate Credit but didn’t claim it on their

By Samantha Delouya, CNN (CNN) — It has been just over two years since Zach Wiener awoke to the sound of glass breaking and his parents’ screams from the floor below him. He was in an unfamiliar bedroom, staying in a short-term rental home in Sag Harbor, New York, for a weeklong family vacation with

By Kayla Tausche, CNN (CNN) — A committee of top government agency officials has notified President Joe Biden that it has not reached a consensus on whether a sale of US Steel to a Japanese rival poses a national security risk, according to two sources familiar with the matter. The fate of Nippon Steel’s acquisition

By Kelly Murray, CNN (CNN) — A life-altering payday will soon be in store for one lucky New Jersey Lottery winner. The winner of a $1.128 billion Mega Millions jackpot has finally come forward to claim their staggering windfall nearly nine months since the ticket was drawn, according to a New Jersey Lottery press release.

By Ramishah Maruf, CNN New York (CNN) — The Consumer Financial Protection Bureau sued Walmart and fintech company Branch Messenger for allegedly forcing more than a million delivery workers to use expensive deposit accounts to access their paychecks, the agency announced Monday. The companies opened deposit accounts for Walmart’s drivers with their personal information, such

By Brian Stelter, CNN New York (CNN) — The incoming chairman of the Federal Communications Commission is sending a stern message to the owners of television stations and networks. And he is using ABC’s recent settlement with President-elect Donald Trump as a news peg of sorts. Brendan Carr, a Trump-appointed commissioner who will become chairman

By Jordan Valinsky, CNN New York (CNN) — Nordstrom, the upscale department store chain, is going private in a $6.25 billion deal with its founding family. The retailer announced Monday that the family — Erik, Pete and Jamie Nordstrom — as well as Mexican department store chain El Puerto de Liverpool will acquire the remaining

By Ramishah Maruf, CNN New York (CNN) — Last-minute errands often seem to pop up on Christmas and Christmas Eve, whether it’s buying a quick present or picking up one last ingredient. Many stores and offices are closed on the two holidays to give employees a chance to spend time with loved ones during the

By Rob Picheta, CNN London (CNN) — King Charles III has ended royal warrants for Cadbury and Unilever, which owns brands including Marmite and Ben & Jerry’s, in a blow to the household names. Charles announced the second set of warrants of his reign late last week, recognizing the included brands and companies as royal

By Elisabeth Buchwald, CNN New York (CNN) — While businesses across the US are fretting that President-elect Donald Trump’s threat of new tariffs could mean a massive hit to their bottom lines, at least one industry is gearing up for the exact opposite. With less than a month to go until Trump is back in

By Chris Isidore, CNN New York (CNN) — Honda and Nissan have formally agreed to hold talks over the next six months on a possible merger, a deal that would create the world’s third-largest automaker and give them more resources to compete with a growing threat from Chinese carmakers. A third, smaller Japanese automaker, Mitsubishi,

By Jordan Valinsky, CNN New York (CNN) — The Container Store has filed for bankruptcy. It is the latest well-known retailer to fall victim to customers cutting back on discretionary spending. The 46-year-old company said in a statement late Sunday that filing for Chapter 11 bankruptcy protection will help it “bolster its financial position, fuel

By Bryan Mena, CNN Washington (CNN) — Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after. But the job isn’t finished yet. Inflation is now well below the 40-year highs of 2022,

By Matt Egan, CNN New York (CNN) — Drivers across the country will be unwrapping a welcome present this holiday season: Cheaper gasoline. Americans will likely be greeted by the lowest Christmas Day gas prices since 2020 during the pandemic, according to GasBuddy, an app that crowd-sources pump prices. GasBuddy told CNN it expects gas

By Samantha Murphy Kelly, CNN (CNN) — After a catastrophic fire five years ago, the Notre Dame Cathedral de Paris reopened this month looking almost the same as it did when it was first constructed in 1163. The massive reconstruction project was a testament not just to the hard work of the French people –

By Auzinea Bacon, CNN (CNN) — The five-day strike against Starbucks reached nine states on Sunday, according to its union. The Starbucks Workers United said union workers in Missouri, New Jersey and New York began their strike Sunday after locations in Colorado, Ohio and Pennsylvania joined the strike Saturday. Workers United represents more than 10,000

By Jordan Valinsky, CNN New York (CNN) — This year was brutal for a number of well-known companies and their bottom lines. As inflation continued to rear its ugly head, consumers slashed their discretionary spending, tilting some companies to file for bankruptcy. Other brands fell victim to changing trends or even more malicious ailments, like

By Auzinea Bacon, CNN (CNN) — Last-minute holiday shoppers may want to give their digital carts a hard look. With colder temperatures potentially delaying shipping, carriers being overwhelmed with orders and some items simply out of stock, there are plenty of risks for procrastinating shoppers. More than half of Americans are worried about deliveries being

By Billy Stockwell, CNN (CNN) — Campaigners have accused Facebook parent Meta of inflicting “potentially lifelong trauma” on hundreds of content moderators in Kenya, after more than 140 were diagnosed with PTSD and other mental health conditions. The diagnoses were made by Dr. Ian Kanyanya, the head of mental health services at Kenyatta National hospital

By Anna Cooban and Zachary Cohen, CNN London/Washington, DC (CNN) — President-elect Donald Trump is set to overturn a ban on some US exports of liquefied natural gas, or LNG, in a boon for US energy producers. But the move is unlikely to help address the climate crisis and may even make it worse. As

By Auzinea Bacon and Jordan Valinsky, CNN (CNN) — Party City filed for bankruptcy Saturday for the second time in less than two years. The filing comes after the retailer told employees Friday it would begin “winding down” operations. The nation’s largest party supply chain said in a statement that filing for Chapter 11 bankruptcy

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — The Teamsters union announced late Friday that warehouse workers at a massive Amazon sorting and distribution center in Staten Island, New York, have joined the thousands of union members who began a strike this week against the online retail giant. But Amazon continues to

By Jeanne Sahadi, CNN (CNN) — The US Senate passed a bipartisan bill early Saturday to increase Social Security benefits for close to 3 million federal, state and local public sector workers, which includes firemen, policemen and teachers. In the roll call vote, 76 senators voted in favor of the bill, and 20 senators voted

By Danielle Wiener-Bronner, CNN New York (CNN) — In the hours after her daughter was born, Andrea Ippolito already felt like she was falling short as a mother. “Here I was, just like many women, trying to recover after this insane medical procedure of giving birth, and I just felt like a failure,” she told

By Bryan Mena, CNN Washington (CNN) — Chiugo Akujuobi has survived on food pantries and donations from friends since fleeing their family home in Houston earlier this year. They said they grew tired of frequent transphobic comments from relatives. The 26-year-old now sleeps on a friend’s couch in North Texas. They graduated with a bachelor’s

By Dalia Faheid and Artemis Moshtaghian, CNN (CNN) — This Christmas Eve, one lucky lottery ticket could celebrate with a Mega Millions jackpot nearing $1 billion – the largest prize ever offered in the month of December. With no one winning the jackpot Friday, the grand prize for Tuesday’s drawing ballooned from $862 million to

By Sean Lyngaas, CNN (CNN) — Messaging service WhatsApp claimed a major legal victory over Israeli spyware firm NSO Group on Friday after a federal judge ruled that NSO was liable under federal and California law for a 2019 hacking spree that breached over 1,000 WhatsApp users. It’s a rare legal win for activists who

By Artemis Moshtaghian, CNN (CNN) — While shoppers rush to find the perfect holiday gift, the real treasure might just be hidden in one lucky lottery ticket. That’s because tonight’s Mega Millions drawing could yield a jackpot nearing $1 billion – the largest prize ever offered in the month of December. Friday’s winning numbers were:

By Hadas Gold, CNN New York (CNN) — Elon Musk is wading into more than just American politics, throwing his support behind a far-right German political party. Musk, the billionaire Trump ally who is playing a public role in the incoming administration, posted in support Friday of Alternative for Germany, or AfD, after the German

By Jeanne Sahadi, CNN (CNN) — The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and the operator of Zelle, the most widely available peer-to-peer payment system, “for allowing fraud to fester” on that network. CFPB alleges that, as a result, hundreds of thousands of customers

By Emmy Abbassi and Jordan Valinsky, CNN New York (CNN) — Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned. CEO Barry Litwin told corporate employees Friday in a meeting viewed by CNN that Party City is “winding down” operations immediately and that today will be

By Alicia Wallace, CNN (CNN) — The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion. Still, cost of living concerns are growing as 2025 approaches and uncertainty widens about potential inflationary global events

By David Goldman and Matt Egan, CNN (CNN) — President-elect Donald Trump doubled down on his tariff threats Thursday night, pledging to raise tariffs on European Union nations unless they increase their purchases of American oil and gas to narrow the trade gap with the United States. “I told the European Union that they must

By Bryan Mena, CNN Washington (CNN) — America’s housing market is finishing a year of high prices, sluggish sales and elevated mortgage rates. But there are factors that could give it a boost next year. The Federal Reserve began to slash interest rates in September, but mortgage rates have actually risen since then. The average

By John Towfighi, CNN (CNN) — Amazon delivery drivers are on strike in four states across the US. Those on strike say that 400 packages, long hours and little help are part of a regular day at work. Amazon says that the strike won’t have an impact on holiday deliveries, but the delivery drivers who

CNN, WABC, WLS, X, AMAZON, SPECTRUM NEWS LA (SANTA BARBARA) By John Towfighi, CNN (CNN) — Amazon delivery drivers are on strike in four states across the US. Those on strike say that 400 packages, long hours and little help are part of a regular day at work. Amazon says that the strike won’t have

By Hadas Gold and Brian Stelter, CNN New York (CNN) — Veteran Fox News anchor Neil Cavuto, one of the network’s longest-serving hosts who became a frequent target of President-elect Donald Trump, is leaving the network after nearly three decades on the air. Cavuto made the announcement Thursday on his afternoon program “Your World,” saying

By Liam Reilly, CNN New York (CNN) — The press freedom group Reporters Without Borders is urging Apple to remove its newly introduced artificial intelligence feature that summarizes news stories after it produced a false headline from the BBC. The backlash comes after a push notification created by Apple Intelligence and sent to users last

By Chris Isidore, CNN New York (CNN) — On the day after Easter 2023, Dana Mitchell went to work, grabbed a coffee and walked to the conference room for the regular Monday morning meeting. She was talking to a co-worker about his tan from a vacation. She looked up and saw another co-worker, Connor Sturgeon,

WABC, CNN By Chris Isidore, CNN New York (CNN) — Amazon drivers went on strike in four states across the country with less than a week to go before Christmas – but the company is saying it’s not going to affect your holiday deliveries. Members of the Teamsters union have announced are striking at eight

By Jordan Valinsky, CNN New York (CNN) — It’s not just Chili’s that Americans are obsessed with. Darden Restaurants, which owns Olive Garden and LongHorn Steakhouse, reported better-than-expected sales at those two chains, helping propel its stock 9% higher in premarket trading Thursday. LongHorn sustained its momentum and posted same-store sales growth of 7.5%, outperforming

By Chris Isidore, CNN New York (CNN) — Amazon drivers went on strike in four states across the country with less than a week to go before Christmas – but the company is saying it’s not going to affect your holiday deliveries. Members of the Teamsters union have announced are striking at eight facilities across

By Samantha Murphy Kelly, CNN (CNN) — Personalized chatbots dating other chatbots on your behalf. AI concierges fielding questions about potential matches. Advanced algorithms predicting compatibility better than ever before. Dating apps are on the cusp of a major transformation. As much of the tech industry grapples with how to integrate artificial intelligence into its

By Ramishah Maruf, CNN New York (CNN) — When a CNN journalist called 1-800-CHATGPT on Wednesday, a female voice on the other end provided a recipe for chocolate chip cookies and summarized the Civil War. But the voice did not seem open to personal conversation. “I don’t have feelings, but I do find my job

By John Towfighi and David Goldman, CNN New York (CNN) — The Dow plunged Wednesday on a disappointing outlook from the Federal Reserve. In the process, the blue-chip index extended its losing streak to 10 days — the longest such stretch since Gerald Ford was president. The Dow Jones Industrial Average ended the day down

By Hadas Gold, CNN New York (CNN) — In a flurry of posts Wednesday on his social media platform X, Elon Musk derided a Republican-backed government spending bill that if not passed by Friday night would lead to a government shut down. “This bill should not pass,” Musk posted Wednesday morning, responding to a post

CNN By Hadas Gold, Annie Grayer, Lauren Fox and Sarah Ferris, CNN New York (CNN) — In a flurry of posts Wednesday on his social media platform X, Elon Musk derided a Republican-backed government spending bill that if not passed by Friday night would lead to a government shut down. “This bill should not pass,”

By Hanna Ziady, CNN London (CNN) — Poland is selling up to 1,000 metric tons (1,102 tons) of its frozen butter reserves to bring down surging prices ahead of presidential elections in May. The government’s strategic reserves agency announced the butter auction Tuesday, citing significant increases in butter prices worldwide that it blamed on a

By Jordan Valinsky, CNN New York (CNN) — KFC’s “finger lickin’ good” slogan usually refers to chicken, but it’s taking on different meaning at its newest location. Sauce and dips are the star at “Saucy,” a prototype opening next Monday in Orlando. The restaurant, which ditches the chain’s familiar red for pink, is centered around

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September. The central bank’s latest move leaves its benchmark lending rate at a range of 4.25%-4.5%, a two-year low. The decision to cut was

By Liam Reilly, CNN New York (CNN) — Disney has cut a transgender storyline from its new animated series, “Win or Lose,” ahead of the show’s release. The original animated series from Disney-owned studio Pixar centers around a co-ed middle school softball team, the Pickles, in the run-up to the group’s championship game. Each of

By David Goldman, CNN (CNN) — Honda and Nissan are discussing a possible merger, potentially bringing together two Japanese automaking titans that have recently fallen on hard times. The companies said in statement that they have been in talks, but they offered no details or timeframe for when a deal – if one should develop

By John Towfighi, CNN (CNN) — Google’s newest artificial intelligence tool, “Whisk,” lets people upload photos to get back a combined, AI-generated image – even without users inputting any text to explain what they want. Users can input images depicting subjects, setting and style before Whisk combines everything into one image. Whisk is a “creative

By Samantha Delouya, CNN (CNN) — The Federal Trade Commission announced a final rule banning hotels and ticketing and short-term rental companies from including hidden junk fees in their total price on Tuesday. Rather than consumers getting hit with “convenience” or “service” fees for hotel bookings and concert tickets at checkout, the FTC said its

By Chris Isidore, CNN New York (CNN) — Members of the Teamsters union have voted to authorize a strike at three Amazon facilities, including at the Staten Island, New York, warehouse which became the first location where employees voted to join a union in 2022. The retail giant said that its operations will not be

By Brian Stelter, Katelyn Polantz, Hadas Gold and Paula Reid, CNN New York (CNN) — President-elect Donald Trump is escalating his legal campaign against media outlets by suing renowned pollster J. Ann Selzer, her polling firm, The Des Moines Register newspaper and its parent company Gannett. Unlike many of Trump’s legal actions against the press,

By Jordan Valinsky, CNN New York (CNN) — Taco Bell is veering away – slightly – from its Mexican-inspired cuisine, going all-American for its newest offering. Beginning Thursday, the chain is adding chicken nuggets to its menu for a limited time. However, Taco Bell is putting its own spin on the fast food staple, marinating

By Hanna Ziady, CNN London (CNN) — Argentina has come out of a deep recession in a major victory for the country’s unorthodox President Javier Milei, who has spent the past year enacting sweeping — and painful — reforms in Latin America’s third-largest economy. Gross domestic product grew 3.9% in the July-to-September quarter compared with

By Chris Isidore, CNN New York (CNN) — It wasn’t long ago that China was by far the largest and most profitable market for General Motors. While the company was hemorrhaging money in North America and Europe, and hurtling towards bankruptcy and a bailout, sales and profits from China allowed it to keep the lights

By Kaitlan Collins, Devan Cole and John Fritze, CNN (CNN) — President-elect Donald Trump met with the head of TikTok at his Mar-a-Lago club Monday afternoon, a person familiar with the meeting told CNN, as the social media giant is asking the Supreme Court to wade into a court fight over use of the app

By Hadas Gold, CNN New York (CNN) — President-elect Donald Trump had not been terribly successful in suing media organizations until this weekend when ABC News agreed to settle a closely-watched defamation case he brought against the network to the tune of $16 million. Now, Trump is expanding his threats of legal action against the

By Chris Isidore, CNN New York (CNN) — Amazon is disregarding its own research that shows warehouse employees are facing an increased injury threat due to its focus on productivity, according to Senate investigators. The Senate report released Sunday said the company forces workers to repeat the same movements hundreds, if not thousands, of times

By Anna Cooban, CNN London (CNN) — Royal Mail, which dates back to the reign of Henry VIII in the 1500s, is set to be sold to a Czech billionaire in a deal that will keep the institution based in Britain. Daniel Křetínský’s EP Group has made “legally binding commitments” to the UK government as

By Elisabeth Buchwald, CNN New York (CNN) — It’s not March 2020, but it sure feels a lot like it for Herschel Wilson. Wilson started building up a small stockpile of essential goods for his three pets and family of five based in Tacoma, Washington, in August, after Donald Trump had been named the Republican

By Samantha Delouya, CNN (CNN) — Two years ago, Elizabeth Grantham decided she didn’t want to rent much longer, so she moved from her hometown in the pricey San Francisco Bay Area to Washington state to save up to buy a home. “Our rent was getting raised every year. Even the cost of the parking

By Anna Cooban, CNN London (CNN) — It’s a problem as intractable as the riddle of the Sphinx: How do you make a vegan cheese that people actually want to eat? Formo, a Berlin-based biotechnology company, thinks it has found the answer in a minuscule fungus, Koji, that has given that distinctive umami flavor to

By Auzinea Bacon, CNN (CNN) — The CEO of a company that makes high-end backpacks said he and his employees have received threats after reports he contacted a police tip line when he spotted one of the company’s bags in the surveillance video of the shooting of UnitedHealthcare CEO Brian Thompson. Peter Dering, the founder

By John Towfighi, CNN (CNN) — At the Sheephaven Bay pub in London, tucked just behind Camden High Street, Guinness accounts for more than 50% of draft beer sales. Owner Pat Logue told CNN that this year he’s already sold double the amount of Guinness that he did two years ago. The Irish stout, known

By Alicia Wallace, CNN Rochester, Minnesota (CNN) — On the Sunday before Thanksgiving, a grocery store here was plumb out of eggs. An hour and a half north in Richfield, some eggs could be had, but they weren’t cheap. That dozen cost $1.70 more — a good 40% higher — than it did just four

By Erika Tulfo, CNN (CNN) — The countdown to Christmas is on, but the threat of delayed packages could dampen the holiday spirit. Winter storms, out-of-stock items, ground shipping risks and a host of other issues could spell out shipping slowdowns in the days leading up to Christmas Eve. More than half of Americans say

By Hien An Ngo, CNN (CNN) — Buy now, Pay Later services had their best day yet on Cyber Monday, with consumers spending a record-breaking $991.2 million, according to Adobe Analytics. With holiday shopping now in full swing, US consumers are making more purchases using these services, which are known in the industry as BNPL.

By Brian Fung, CNN Lina Khan has enraged corporate America. She wielded one of the world’s most powerful government departments, the Federal Trade Commission, to challenge big corporate mergers and to issue new regulations intending to give workers and consumers more rights. Business leaders, consequently, wanted her fired. And with the incoming Trump administration, they’re

By Auzinea Bacon, CNN (CNN) — TikTok has plans for another appeal as it faces a ban on January 19. The DC Circuit Court of Appeals on Friday rejected a temporary pause on the ban of TikTok, calling such a block “unwarranted” and paving the way for the Supreme Court to potentially decide the fate

By Erika Tulfo, CNN (CNN) — Aakaanksh Autade was iffy on TikTok Shop, TikTok’s in-app shopping feature, when it launched last year. Then the content creator grossed over $100,000 in sales when he hosted a live event on Black Friday and went from skeptic to believer. Autade is known for sharing tech-related tips and tricks

By Clare Duffy, CNN New York (CNN) — People in New Jersey are freaking(!) out(!) about sightings of what they say appear to be “giant drones” flying around at night. Government officials have said at least some of those sightings are just regular, old commercial flights. Turns out, there are a few apps that could

CNN By Clare Duffy, CNN New York (CNN) — People in New Jersey are freaking(!) out(!) about sightings of what they say appear to be “giant drones” flying around at night. Government officials have said at least some of those sightings are just regular, old commercial flights. Turns out, there are a few apps that

By John Towfighi, CNN (CNN) — The last time Sony was worth this much on the stock market, Bill Clinton was president and the PlayStation 2 was about to debut on American store shelves. It’s been a rough past two and a half decades for Sony, the 78-year-old company that invented the Walkman and the

By Devan Cole, CNN (CNN) — A federal appeals court on Friday declined to temporarily block a ban on TikTok, teeing up a showdown at the Supreme Court over whether the law should take effect while the social media platform’s challenge to it plays out. Last week, the DC Circuit Court of Appeals unanimously upheld

Story by Reuters (Reuters) — Google-parent Alphabet and Apple must be ready to remove TikTok from their U.S. app stores on January 19, two US lawmakers said in a letter to the companies’ CEOs Friday. The bipartisan letter came from two leaders of the US House of Representatives’ committee on China: Republican Representative John Moolenaar,

By Jeanne Sahadi, CNN (CNN) — Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who occasionally sells their creations: If you accept business-related income through a payment app or online marketplace like Venmo, CashApp, Airbnb and Etsy, come January you may start receiving 1099-K tax

By Jordan Valinsky, CNN New York (CNN) — It’s the end of an era for Bud Light: The beleaguered brand is no longer the most popular beer on tap at bars. Another Anheuser-Busch InBev beer, Michelob Ultra, has surpassed Bud Light in its share of US draft lines, marking an end to several decades of

By Matt Egan and Paula Newton, CNN (CNN) — Canada could retaliate against President-elect Donald Trump’s threatened tariffs by shutting down energy flows to the United States, a top Canadian official warned. “We will go to the extent of cutting off their energy going down to Michigan, going down to New York State and over

By John Towfighi, CNN (CNN) — Google and Samsung are stepping into the wearable headset race. The companies are joining forces to release a mixed-reality headset that will compete with Apple’s Vision Pro and Meta’s Quest 3. The Samsung-built headset will be powered by a new Android operating system, pushing into a market that has

By Karina Tsui, CNN (CNN) — Stanley, the drinkware brand that exploded in popularity on social media, issued a recall of roughly 2.6 million travel mugs over potential “burn hazards,” the Consumer Product Safety Commission announced in a release Thursday. The recall applies specifically to all Stanely Switchback and Trigger Action stainless steel travel mugs

By Hilary Whiteman, CNN Brisbane, Australia (CNN) — Lawyers for women who claim they’ve been sexually harassed while working for global mining giants BHP and Rio Tinto say they’ve been inundated with emails since filing two class action cases in an Australian court. The separate lawsuits, which were filed in the Federal Court in Sydney

By Ramishah Maruf, CNN New York (CNN) — The National Labor Relations Board issued a complaint against the producers of hit reality TV show “Love Is Blind,” arguing that the contestants should be classified as employees and therefore be eligible for worker protections. The complaint is NLRB’s first legal action of this kind regarding reality

By Reuters Wall Street brokerage Cantor Fitzgerald has agreed to pay a $6.75-million penalty to settle Securities and Exchange Commission charges that it misled investors in blank-check companies it controlled, the regulator said on Thursday. Cantor Fitzgerald did not immediately respond to a request for comment. According to the SEC, Cantor neither admitted nor denied

By Kaitlan Collins, Ramishah Maruf and Clare Duffy, CNN (CNN) — Amazon is planning to donate $1 million to President-elect Donald Trump’s inauguration, a person familiar with the matter told CNN. Amazon founder Jeff Bezos is expected to visit with Trump in person in the coming days, as he and other tech founders seek closer

By Elisabeth Buchwald, CNN New York (CNN) — President-elect Donald Trump says Americans not being able to afford groceries will be a relic of the past. “They’re going to be affording their groceries very soon,” he said Thursday before ringing the opening bell at the New York Stock Exchange, where he was honored as Time’s

By Brian Stelter, CNN (CNN) — Warner Bros. Discovery, CNN’s corporate parent, announced Thursday it is establishing a new corporate structure that splits off its cable networks from its growing streaming business. The restructuring is not a spinoff of cable assets in the way that Comcast recently announced, but it may ultimately have the same

By Alicia Wallace, CNN (CNN) — US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down the pike to consumers. The Producer Price Index, a measurement of average price changes seen by producers and manufacturers, rose 0.4% on a monthly basis and 3% for

By Jordan Valinsky, CNN New York (CNN) — The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $5 billion a year. The rule, unveiled Thursday, would cap overdraft fees at $5 — a substantial savings