Money

By Liam Reilly, CNN New York (CNN) — Warner Bros. Discovery will settle its lawsuit against the NBA and announce it has struck a deal with Disney to exclusively license its beloved TNT show “Inside the NBA” starting next season, a person familiar with the matter told CNN. WBD filed the lawsuit against the NBA

CNN By David Goldman, Kayla Tausche, Elisabeth Buchwald and Tami Luhby, CNN (CNN) — As Donald Trump privately considers his team to lead America’s economy during his term, Elon Musk has put his thumb on the scale, urging followers on X to help make a public push for a candidate who won’t be “business as

By David Goldman, Kayla Tausche, Elisabeth Buchwald and Tami Luhby, CNN (CNN) — As Donald Trump privately considers his team to lead America’s economy during his term, Elon Musk has put his thumb on the scale, urging followers on X to help make a public push for a candidate who won’t be “business as usual”

By Erika Tulfo, CNN (CNN) — A massive, multi-story building in the Washington, DC, neighborhood of Georgetown welcomed back a former occupant this month that had been gone for over a decade. In a move that’s perhaps more symbolic than business-minded, Barnes & Noble, America’s largest retail bookseller, has reclaimed the flagship store it vacated

By Chris Isidore, CNN New York (CNN) — It’s called sticker shock. And if you haven’t been to a dealer’s showroom since before the pandemic, you might want to prepare yourself. Americans paid a whopping $47,612 on average for a new car in October, according to data from Edmunds. That’s a jump of almost $10,000

By John Towfighi, CNN (CNN) — President-elect Donald Trump promised Americans he’d bring down consumer prices, make health care more affordable and protect Social Security. Now he has to follow through. Concerns about inflation and the cost of living were central to Trump’s victory in the US presidential election. According to CNN exit polls, 68%

By Chris Isidore, CNN New York (CNN) — The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that might actually be good news for Tesla and its CEO Elon Musk, one of President-elect Donald Trump’s most prominent backers. While the US tax credit goes to

By Amy Gunia, CNN (CNN) — Climate change is impacting urban areas especially hard, and densely populated cities are suffering the most. The urban heat island effect means that city temperatures can be several degrees higher than nearby rural regions. That’s because materials like concrete and asphalt absorb and radiate heat. Vehicles and air-conditioning units

By Jordan Valinsky, CNN New York (CNN) — Laura Helmuth is resigning as editor-in-chief of Scientific American magazine following an expletive-filled rant about Donald Trump voters. Posting on Bluesky, an X rival, Helmuth said Thursday that she’s “decided to leave Scientific American after an exciting 4.5 years as editor in chief” without mentioning her previous

By Alicia Wallace, CNN (CNN) — Family-run furniture and barware maker Barrel-Art has now been through three US presidential elections. While business before the 2024 race felt similar to 2016 and 2020, this year has also brought more unpredictability. Sales petered out in the months ahead of Election Day as businesses and shoppers paused their

By Jeanne Sahadi, CNN (CNN) — By some estimates, almost half of US private sector workers — close to 57 million people, according to AARP — do not have access to a retirement plan at their jobs. That’s either because their company doesn’t offer one or because they don’t qualify to participate in an employer’s

By Ramishah Maruf, CNN New York (CNN) — Shares of prominent vaccine makers plunged Thursday after President-elect Donald Trump announced his pick of Robert F. Kennedy Jr. to be the next secretary of the Department of Health and Human Services. An hour before the market closed Thursday, as news reports of Trump’s choice began trickling

By Erika Tulfo, CNN (CNN) — Ford is being fined up to $165 million after the National Highway Traffic Safety Administration ruled the company moved too slowly in recalling cars with faulty rearview cameras. The ruling comes three years after the NHTSA opened an investigation to determine whether Ford waited too long to issue its

By Bryan Mena, CNN Washington (CNN) — Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months. Powell said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to

By Hadas Gold, CNN (CNN) — Satirical news site The Onion won the auction to acquire conspiracy theorist Alex Jones’ Infowars, which was sold off as part of a defamation settlement after he falsely called the Sandy Hook Elementary School massacre a hoax. The Onion’s bid was backed by the families of eight victims of

By Jordan Valinsky, CNN New York (CNN) — Craig Melvin will become the co-anchor of NBC’s “Today” show beginning early next year, following the departure of Hoda Kotb. He will join Savannah Guthrie on Monday, January 13. Kotb’s final day on the morning show will be Friday, January 10, the network announced. Melvin is a

By Chris Isidore, CNN New York (CNN) — Disney did something extraordinary Thursday, giving investors a rare three-year financial outlook, even at a time of economic uncertainty. The company said that it has deep faith its investments in its massive park expansions, movie pipeline and even its linear television assets will pay off. Shares of

By Alicia Wallace, CNN (CNN) — US wholesale inflation picked up more than expected in October, indicating that some price pressures persist at the producer level. The Producer Price Index, a measurement of average price changes seen by producers and manufacturers, rose 0.2% on a monthly basis and 2.4% for the 12 months ended in

By Brian Stelter, CNN New York (CNN) — Donald Trump’s reelection last week emboldened his allies to proclaim that he had vanquished the American news media as well as Vice President Kamala Harris. “The media is dead,” Fox News comedian Greg Gutfeld declared. “It’s dead,” his primetime colleague Sean Hannity echoed. “You are the media

By Nathaniel Meyersohn, CNN New York (CNN) — Starbucks baristas can put eight shots of espresso into one cup. They can make drinks that taste like strawberries, apple pie, pumpkin spice or, separately, pumpkin cream. But they can’t get Amanda Poore’s coffee order right. “I usually like about a half-ounce of creamer or less. That

By Ramishah Maruf, CNN New York (CNN) — A Chipotle shareholder is suing the fast-casual chain over viral social media complaints about skimpy portion sizes. The proposed class-action lawsuit filed Monday claims Chipotle understated customer dissatisfaction regarding its “highly inconsistent” portion sizes in official disclosures. The lawsuit said that unhappiness wasn’t clear until the spring

By Samantha Delouya, CNN (CNN) — In most US cities, buying a home now requires a six-figure salary. A household needed to earn $107,700 to afford a new single-family home and pay property taxes and insurance costs in the third quarter of this year, according to a new report from Oxford Economics. That’s nearly double

By Alicia Wallace, CNN (CNN) — Americans are continuing to pile on debt at record levels — but for many households, those IOUs are completely manageable, according to new data released Wednesday. US household debt (not adjusted for inflation) moved up to a fresh record total of $17.94 trillion as of September 30, according to

CNN By Brian Stelter, CNN New York (CNN) — Two years ago, Pete Hegseth relocated his family from New Jersey, near Fox News headquarters, to a small town outside of Nashville, Tennessee. The red state move was on-brand for the “Fox & Friends” co-host, who takes his kids shooting, posts pictures wearing anti-President Biden slogans,

CNN By Matt Egan, CNN New York (CNN) — Larry Summers has some unsolicited advice for President-elect Donald Trump: Don’t keep your campaign promises — unless you want to send prices skyrocketing once again. Summers, the famed economist and former Clinton-era Treasury secretary, is alarmed by the potential impact of Trump’s proposals to slash taxes,

By Matt Egan, CNN New York (CNN) — Larry Summers has some unsolicited advice for President-elect Donald Trump: Don’t keep your campaign promises — unless you want to send prices skyrocketing once again. Summers, the famed economist and former Clinton-era Treasury secretary, is alarmed by the potential impact of Trump’s proposals to slash taxes, spike

By Jordan Valinsky, CNN New York (CNN) — Amazon is targeting retail rivals Shein, Temu and TikTok Shop with a new deeply discounted storefront that sells a wide array of products for $20 or less. Called “Amazon Haul,” the mobile-only experience debuted Wednesday in the Amazon app and has everything from fashion accessories to home

By Chris Isidore, CNN New York (CNN) — Spirit Airlines’ shares plunged more than 50% in early trading Wednesday, following a report that it is preparing to file bankruptcy — and the company’s announcement that it won’t report quarterly financial results because it’s scrambling to reach a deal with creditors. A Wall Street Journal report

By Alicia Wallace, CNN (CNN) — The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts. Consumer prices rose 0.2% last month and were up 2.6% from the year before, according to

By Brian Stelter, CNN New York (CNN) — Two years ago, Pete Hegseth relocated his family from New Jersey, near Fox News headquarters, to a small town outside of Nashville, Tennessee. The red state move was on-brand for the “Fox & Friends” co-host, who takes his kids shooting, posts pictures wearing anti-President Biden slogans, and

By Liam Reilly and Hadas Gold, CNN New York (CNN) — In the month since Los Angeles Times owner Dr. Patrick Soon-Shiong announced the newspaper would not endorse a candidate in the presidential election, the Times has been reeling from the decision. Three members of the paper’s editorial board resigned, scores of staffers openly protested,

By Jeanne Sahadi, CNN (CNN) — In the past few years, a growing number of states have put laws on their books requiring employers to disclose pay ranges for open positions — either in their job postings or during the hiring process. Today, Washington, DC, and 13 states have pay transparency laws in place: California,

By Meena Duerson, CNN (CNN) — Last summer, Kristen and Eric Rezabek were feeling pinched. Eric was considering taking on a four-hour commute for higher paying jobs, while Kristen, who works two jobs, planned to add a full day to her already full-time work schedule to help cover their family’s expenses. Then, their employer presented

By Madeline Holcombe, CNN (CNN) — Lunchables will no longer be on the menu at schools around the United States. Kraft Heinz, the company that produces Lunchables, announced Tuesday that it will remove the meal kits from the National School Lunch Program. The company pulled the product because demand did not reach its targets, but

By Bryan Mena, CNN Washington (CNN) — Latino voters in key battleground states were crucial in handing president-elect Donald Trump his victory over Vice President Kamala Harris. The economy was also a top voter issue in this year’s election. Republican candidates have steadily gained ground in recent years with the working-class Latino electorate — a

By Hadas Gold, CNN New York (CNN) — On Wednesday morning, conspiracy theorist Alex Jones’ notorious Infowars media empire will go up for auction in a court-mandated sale, and at least one bid is in the “seven-figure” range, a person familiar with the matter told CNN. That bid is from an individual described as an

CNN By Clare Duffy, CNN New York (CNN) — Sexist and abusive attacks on women, like “your body, my choice” and “get back to the kitchen,” have surged across social media since Donald Trump’s reelection, according to an analysis from the Institute for Strategic Dialogue. An X post from White nationalist and Holocaust denier Nick

By Matt Egan, CNN New York (CNN) — When many were celebrating the remarkable economic recovery from the pandemic in the spring of 2021, Larry Summers warned the White House and the rest of Washington that inflation was a real danger. That warning proved to be prescient. Price spikes engulfed the US economy, crushed consumers

By Ramishah Maruf, CNN New York (CNN) — No, not the recipe itself. Just the literal phrase. Last week, KFC accused Church’s Texas Chicken of violating its trademark rights when its fried chicken competitor began using the words “Original Recipe” in its advertising and promotions. KFC claimed in a lawsuit that beginning September 30, it

By Chris Isidore, CNN New York (CNN) — Boeing’s most immediate problem – an eight-week strike by 33,000 workers – is over. But its more serious problems – ongoing massive losses, quality and safety problems – are as bad as ever, and could even get worse. The last of those strikers return to work on

By Jordan Valinsky, CNN New York (CNN) — Hush puppies, once a staple on Red Lobster’s menu, are coming back. It’s part of broader changes at the chain, which recently emerged from bankruptcy and is now under the control of a 35-year-old CEO hoping to turn around the seafood restaurant chain’s fortunes. Rolling out this

By Clare Duffy, CNN New York (CNN) — “All we have to have is just a human form to be a victim.” That’s how lawyer Carrie Goldberg describes the risk of deepfake porn in the age of artificial intelligence. While revenge porn — or the nonconsensual sharing of sexual images — has been around for

By Matt Egan, CNN (CNN) — Donald Trump is returning to the White House, and the stock market is loving it. Investors, relieved to have a clear-cut election winner and fired up about the prospect of tax cuts and deregulation, have sent US stocks zooming higher. The Dow Jones Industrial Average closed above 44,000 on

By Elisabeth Buchwald, CNN New York (CNN) — President-elect Donald Trump’s return to the White House already carried the potential for sweeping changes to the Federal Reserve. But now a growing question is not how the central bank will operate under Trump but if it’ll continue to operate at all. Elon Musk, a key Trump

By Hanna Ziady, CNN London (CNN) — Shell is not obliged to dramatically reduce its planet-heating pollution by 2030, a Dutch appeals court ruled Tuesday, delivering a blow to efforts by environmental activists to push energy companies away from fossil fuels. The ruling — handed down just as annual climate talks take place at COP29

By Brian Stelter, CNN New York (CNN) — Chris Wallace, the veteran journalist who has anchored weekly programs on CNN and the Max streaming service, is leaving the network, he announced Monday. Wallace, 77, who signed a three-year contract with CNN in December 2021, told The Daily Beast that “this is the first time in

Story by Reuters (CNN) — Genetic testing firm 23andMe said on Monday it is reducing about 40%, or 200 employees, from its workforce and discontinuing further development of all its therapies as part of a restructuring program. “We are taking these difficult but necessary actions as we restructure 23andMe and focus on the long-term success

By Clare Duffy, CNN New York (CNN) — Sexist and abusive attacks on women, like “your body, my choice” and “get back to the kitchen,” have surged across social media since Donald Trump’s reelection, according to an analysis from the Institute for Strategic Dialogue. An X post from White nationalist and Holocaust denier Nick Fuentes

By Auzinea Bacon, CNN (CNN) — President-elect Donald Trump has made tougher immigration enforcement a key campaign promise in each of his White House bids. If he follows through on his pledge for mass deportations and tighter immigration policies, it could create a financial burden for many Americans. That’s because immigrants – including people who

By Samantha Delouya, CNN (CNN) — When Julie Johnson and her husband decided to purchase their own home, they turned to an unexpected place: Facebook Marketplace. One month and $52,000 later, a pre-owned 2,200 square-foot, four-bedroom, two-bathroom manufactured home was cut in half and delivered in two pieces on the back of a truck to

By Nathaniel Meyersohn, CNN New York (CNN) — In Woodbridge, Virginia, LongHorn Steakhouse will take over an old TGI Fridays. In Watertown, New, York, a former Red Lobster is being converted to a Northern Credit Union bank. And Chick-fil-A is taking over a shuttered Red Lobster in Naples, Florida. Vacant restaurant chains are creating prime

By Kathleen Magramo, CNN (CNN) — Toy manufacturer Mattel has apologized after mistakenly printing the web address of a pornographic site on the packaging of its newly launched “Wicked” dolls. Instead of pointing readers to the official website of the movie adaptation of the Tony Award-winning musical, information found on boxes of the special edition

By Samantha Delouya, CNN (CNN) — Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states, according to estimates from CoreLogic. That’s a lot of damage – but it’s only a small fraction of what climate change

By Dawn Sawyer, CNN (CNN) — An Illinois woman is $1 million richer after winning on a lottery ticket she forgot about. During a grocery trip to the Jewel-Osco supermarket in Elmhurst in October, she made the last-minute decision to pick up a lottery ticket for the Lucky Day Lotto, a daily draw game in

By David Goldman, CNN (CNN) — Bitcoin on Sunday hit a new record above $80,000. The world’s largest cryptocurrency surged in the run-up to Tuesday’s US presidential election, rose sharply immediately on election night after it became clear Donald Trump would win and has continued rising in the days since his victory. Bitcoin is up

By Ramishah Maruf, CNN New York (CNN) — Veterans Day honors active and former US service members annually on November 11, the anniversary of the end of World War I. This year, the holiday falls on Monday, giving many office workers and students a long weekend. Since it’s a federal holiday, many government institutions and

By Erika Tulfo, CNN (CNN) — Kelsea Palm was feeling out of sorts as the presidential election was approaching. So, she did what many Americans do when they’re feeling anxious: She went shopping. The Wheaton College senior and her friend hit shops in Massachusetts the weekend before Election Day, and while Palm prides herself on

By Chris Lau, CNN Hong Kong (CNN) — When the new iPhone 16 went on sale, locals couldn’t help but notice some less familiar faces flocking to Hong Kong’s Apple stores: Russians holding piles of cash. As new shoppers walked out of stores with the latest models, eager Russian buyers closed in to seal the deal, offering to buy

By John Towfighi, CNN (CNN) — Taylor Moses was awake all night when Hurricane Helene landed on her pecan farm in Georgia. Moses said she and her husband, Arren, knew the hurricane would take a toll on their 800 acres of pecan trees. Yet the devastation this September was astounding. The hurricane destroyed the entirety

By Auzinea Bacon, CNN (CNN) — Billionaire hedge fund manager Bill Ackman wants Pershing Square Holdings and Universal Music Group out of Euronext Amsterdam following attacks this week on Israeli soccer fans in the Dutch capital. “Concentrating the listing on one exchange, the (London Stock Exchange), and leaving a jurisdiction that fails to protect its

By David Goldman, CNN (CNN) — President-elect Donald Trump’s social media stock had been sinking fast after a short-lived, post-election-victory surge this week. Then, with a single post on Truth Social, he helped boost the stock again – and added a half billion dollars to his net worth as a result. At Friday’s market open,

By John Towfighi, CNN New York (CNN) — US stocks closed at record highs on Friday, notching their best week all year after Donald Trump’s victory in the US presidential election. The S&P 500 rose 0.38% on Friday, briefly crossing 6,000 points for the first time ever, before closing at about 5,996. The Dow rose

By John Towfighi, CNN (CNN) — If your artistic style is more stick-figure than Picasso, Microsoft has a remedy to boost your creativity: adding artificial intelligence to its Paint application. The company is rolling out new AI tools for Paint as part of a Windows 11 update. Microsoft — like its Big Tech competitors —

By David Goldman, CNN (CNN) — President-elect Donald Trump has promised steep across-the-board tariffs on imports to the United States, with a particularly significant tax on goods coming from China. One US company, just two days after Trump’s reelection, says it isn’t wasting time getting out of China. Steve Madden, a $3 billion shoe company,

By Hadas Gold, CNN New York (CNN) — President-elect Donald Trump has vowed to go after much of the media in his second term, threatening to jail journalists, revoke broadcast licenses and target outlets with a flurry of lawsuits. It’s a playbook he’s threatened to use before. During his first term in the White House,

By Nathaniel Meyersohn, CNN New York (CNN) — Pepperoni was getting out of hand at Hormel. The food giant last year was selling 71 different versions of its Hormel Pepperoni brand. There was diced pepperoni. Turkey pepperoni. Mini-slices of turkey pepperoni. Pepperoni sticks. Pepperoni with 50% less sodium. Pepperoni with 25% less fat. Thick-sliced pepperoni.

By Juliana Liu, CNN Hong Kong (CNN) — China has approved a 10 trillion yuan ($1.4 trillion) plan to bolster its ailing economy by allowing local governments to refinance their debt, unveiling additional stimulus measures to counter a potentially volatile growth path marked by the impending return of Donald Trump to the White House. Finance

CNN By Bryan Mena, CNN Washington (CNN) — The Federal Reserve cut interest rates by a quarter point Thursday on the heels of the US presidential election earlier this week. Chair Jerome Powell also affirmed his commitment to serve out his term, expected to end in mid-2026, even if President-elect Donald Trump attempts to fire

By Ramishah Maruf, CNN New York (CNN) — Elwood Edwards, a behind-the-scenes graphics and camera operator at local Cleveland television station WKYC whose voice was propelled to worldwide fame after he recorded AOL’s email greeting, ‘You’ve Got Mail,’ has died, according to his former employer. He was 74. WKYC said he passed following an undisclosed

By Alicia Wallace, CNN (CNN) — US businesses large and small say they have been in “wait-and-see” mode amid election uncertainty. Now that there’s clarity as to who will be leading the country in January, we’re hoping to hear from small business owners about what’s changed for you. The-CNN-Wire™ & © 2024 Cable News Network,

By Hanna Ziady, CNN London (CNN) — President-elect Donald Trump’s proposed protectionist policies, including hefty tariffs, will hurt Europe’s economic standing — leaving crisis-hit Germany particularly vulnerable, Goldman Sachs predicts. Following Trump’s re-election, the investment bank cut its growth forecasts for the region, predicting fresh trade tensions with the United States, pressure on Europe to

By Jordan Valinsky, CNN New York (CNN) — Wednesday wasn’t just a good day for Donald Trump. The wealth of the world’s 10 richest people also soared by a record amount, according to Bloomberg’s Billionaire Index. The biggest gainer was Elon Musk, the world’s richest person and one of Trump’s most outspoken and dedicated supporters,

By Jordan Valinsky, CNN New York (CNN) — Craving a stack of IHOP pancakes with a side of Applebee’s riblets? That will soon become a reality in Texas with a new restaurant that unites the two chains under the same roof. Dine Brands, which owns the two restaurants, announced that the combined Applebee’s-IHOP restaurant will

By Liam Reilly, CNN New York (CNN) — Press freedom groups sounded the alarm Wednesday on the potential dangers facing journalists under a second Trump administration, denouncing threats from the president-elect and his associates to undermine the news media. In the hours after Donald Trump’s decisive victory, the Committee to Protect Journalists, Reporters Without Borders,

By Jeanne Sahadi, CNN (CNN) — Whether you’re elated or despondent that Donald Trump won the 2024 presidential election, chances are you’re working with some colleagues who feel the exact opposite – or, incomprehensibly to some, just really don’t care. After such a hotly contested, divisive race, employers are aware that many employees may have

CNN By Chris Isidore, CNN New York (CNN) — No single business leader did more to support former President Donald Trump’s candidacy than Elon Musk. But the billionaire and his business empire face both positives and negatives after Trump won back the presidency in Tuesday’s election. Musk has donated nearly $119 million so far to

By Elisabeth Buchwald, CNN New York (CNN) — Former President Donald Trump’s projected return to the White House made many shareholders of publicly traded companies a lot richer on Wednesday. His victory is expected to usher in sweeping changes from the Biden administration, including a tougher stance on immigration and crime as well as a

By Liam Reilly, CNN New York (CNN) — Jeff Bezos, the Amazon founder and chairman, congratulated Donald Trump on Wednesday for an “extraordinary political comeback and decisive victory” after the former president won re-election, wishing Trump “all success in leading and uniting the America we all love.” “Big congratulations to our 45th and now 47th

Analysis by Hanna Ziady, CNN London (CNN) — Inflation is likely to rise in the United States and around the world if newly elected US President Donald Trump follows through on his campaign promises to cut taxes, crack down on immigration and hike tariffs on all imported goods. Together with a Republican majority in the

By Jordan Valinsky, CNN New York (CNN) — The holidays officially begin this week — at least at Starbucks — when the coffee chain rolls out its annual seasonal cups. Beginning Thursday, customers at its US locations will have their hot drinks served in one of four kinds of festive cups that have “familiar shades

By Matt Egan, CNN New York (CNN) — Donald Trump didn’t just win the White House. He also grew richer Wednesday. Truth Social owner Trump Media & Technology Group, Trump’s social media company, initially skyrocketed in value after CNN and other media outlets projected Trump won Tuesday’s presidential election. Trump Media’s stock, which trades under

By Chris Isidore, CNN New York (CNN) — No single business leader did more to support former President Donald Trump’s candidacy than Elon Musk. But the billionaire and his business empire face both positives and negatives after Trump won back the presidency in Tuesday’s election. Musk has donated nearly $119 million so far to a

By David Goldman, CNN New York (CNN) — US stocks rocketed higher Wednesday following a decisive and consequential victory for former President Donald Trump in Tuesday’s US presidential election. The massive rally kicked off in premarket trading and continued through the morning and afternoon trading sessions. The Dow soared by 1,507 points, or 3.57%, to

By Nicole Goodkind and Samantha Delouya, CNN New York (CNN) — US stock futures rose early on Wednesday and bitcoin jumped as Donald Trump was headed for wins in the battleground states of Pennsylvania, Georgia and North Carolina, shrinking Kamala Harris’ possible paths to victory. Futures on the Dow climbed 2.84%, while the S&P 500

By Hadas Gold and Kristen Holmes, CNN New York (CNN) — Journalists from multiple news organizations have been denied credentials to former President Donald Trump’s election night watch event in West Palm Beach, Florida, in retaliation for their coverage of Trump’s campaign. Reporters at Politico, Axios, Puck and Mother Jones were among those denied credentials.

By Clare Duffy, CNN New York (CNN) — Facebook, Instagram, Google and YouTube are clamping down on political ads in an effort to combat misinformation that could undermine trust in the results of a contentious election or stir up unrest. Meta last week began blocking advertisers from creating or running new ads about US social

By Matt Egan, CNN New York (CNN) — Former President Donald Trump’s social media company was temporarily halted – twice – after a sudden and precipitous plunge on Election Day following a massive surge. Shares of Truth Social owner Trump Media & Technology Group, which trades under the symbol “DJT,” briefly turned negative after spiking

By Brian Stelter, CNN New York (CNN) — In an era of abysmally low levels of trust in media, local news sources still retain special connections – and precious credibility – with readers and viewers. Those relationships may prove especially valuable in the coming days as the 2024 election comes to a close. In swing

By Jordan Valinsky, CNN New York (CNN) — Bernard “Bernie” Marcus, the billionaire Home Depot cofounder and a Republican megadonor, who in recent years became an outspoken supporter of former President Donald Trump, has died, the company announced Tuesday. He was 95. “The entire Home Depot family is deeply saddened by the death of our

By Anna Cooban, CNN London (CNN) — Hundreds of Oasis fans are looking back in anger after falling victim to a “landslide” of ticket selling scams. The fans have lost £346 ($449) on average to fraudsters ahead of the British band’s reunion tour next year, with some losing as much as £1,000 ($1,298), UK lender

By Jordan Valinsky, CNN New York (CNN) — One of the biggest gifts this holiday season won’t fit under the tree, the chimney or even in some homes. Televisions that measure 97 inches (and more) diagonally across – a.k.a. XXL TVs – are becoming a huge hit as the cost of giant screens sinks sharply,

By Nicole Goodkind, CNN New York (CNN) — US stocks moved higher Tuesday as Americans cast their vote in a tight presidential race. The Dow was up by around 380 points, or 0.9%; the S&P 500 was 1% higher and the Nasdaq Composite gained 1.4% by mid-afternoon Tuesday. Treasury yields also rose, with the 10-year

By John Towfighi, CNN (CNN) — Warren Buffett’s Berkshire Hathaway has over $325 billion in cash on hand. But Buffett is in no rush to spend that on his own company’s stock. Berkshire Hathaway (BRK.A) did not buy back any of its own shares in the third quarter, ending a six-year-long streak of stock buybacks,

By Matt Egan, CNN New York (CNN) — Clues about how this election cliffhanger will end may be hiding in an unlikely place: Your 401(k). As people try to make sense of the latest swings in prediction markets and dramatic shifts in the share price in former President Donald Trump’s social media company, there’s a

By Chris Isidore, CNN New York (CNN) — Striking workers at embattled plane maker Boeing voted Monday to accept the company’s most recent offer, ending the costliest strike in the United States in more than 25 years. The International Association of Machinists (IAM) said rank-and-file members voted by 59% to approve the deal. IAM members