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By John Towfighi, CNN Baltimore (CNN) — A new lawsuit alleges Vince McMahon knowingly enabled the sexual exploitation of children by a WWE employee in the 1980s. The suit, filed on behalf of five former WWE “Ring Boys,” alleges McMahon, his wife Linda McMahon, the WWE, and TKO Group Holdings, the league’s parent company, knowingly

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — Problems at Boeing go back years, if not decades. And they just got a lot harder to fix. In addition to the spate of safety incidents that has undermined the company’s public image, raised worries about quality, sparked numerous investigations and led to a

By Bryan Mena, CNN Washington (CNN) — US mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer when mortgage rates fell in anticipation of a rate cut from the Federal Reserve as inflation improved. The average rate on a

By Auzinea Bacon, CNN New York (CNN) — Keurig Dr Pepper will expand its energy drink business by acquiring the brand Ghost for more than $1 billion. The range of Ghost’s energy drink flavors, in partnership with sweet brands like Sour Patch Kids and Oreo, sets Keurig up to appeal to a younger audience, the

By Brian Stelter and Liam Reilly, CNN New York (CNN) — The Fox News Channel’s recent segment about Donald Trump’s “surprise” visit to a barbershop in the Bronx resembled a campaign ad for the former president’s reelection. Trump was seen taking questions and making small talk with Black and Hispanic barbershop customers and workers, some of whom were wearing

By Jordan Valinsky, CNN New York (CNN) — A Colorado man has filed the first lawsuit against McDonald’s relating to its E. coli outbreak linked to Quarter Pounders that, so far, has led to at least 49 illnesses across 10 states, including one death. The lawsuit was filed one day after the US Centers for

By Elisabeth Buchwald, CNN New York (CNN) — This year’s election is shaping up to be particularly ugly for the business world, with two presidential candidates who could not be further apart in their approaches to taxes and regulation. On top of that, control of Congress is also up for grabs, which could significantly hurt

Analysis by Allison Morrow, CNN New York (CNN) — The billionaires who control social media want to be clear about what’s OK to post online and what’s not. For X (formerly Twitter), just about anything goes, including neo-Nazi propaganda, crypto scams and porn (as long as it’s labeled properly). For Facebook and Instagram, the rules

Story by Associated Press (AP) — A Polish radio station has triggered controversy after dismissing its journalists and relaunching this week with AI-generated “presenters.” Weeks after letting its journalists go, OFF Radio Krakow relaunched this week, with what it said was “the first experiment in Poland in which journalists … are virtual characters created by

By Chris Isidore, CNN New York (CNN) — The strike by 33,000 workers at Boeing will continue after rank-and-file union members rejected an offer from the company in a vote on Wednesday and decided to remain on the picket lines instead. The membership of the International Association of Machinists voted 64% against the deal, the union

By Liam Reilly, CNN New York (CNN) — The leader of the Los Angeles Times’ editorial board said Wednesday she has resigned from her post in protest after the newspaper’s owner blocked a decision to endorse Kamala Harris in the presidential election. “I am resigning because I want to make it clear that I am

By Brian Stelter, CNN New York (CNN) — Lawyers for CBS News are rebuffing a legal threat from Donald Trump over the network’s “60 Minutes” interview with Kamala Harris, telling the former president his demands are based on a “faulty premise.” In a blunt letter to Trump’s legal counsel, the network on Wednesday said the

By Chris Isidore, CNN New York (CNN) — Tesla Wednesday reported an unexpected improvement in earnings for the third quarter, lifting its recently battered shares in after-hours trading. The company reported a 6% increase in sales volume, which was fairly modest for an automaker that not long ago was reporting 50% annual growth in vehicles

By Nicole Goodkind and Lucy Bayly, CNN New York (CNN) — US stocks took a dive Wednesday as mounting concerns over big tech earnings, rising Treasury yields and political uncertainty drove down all three major indexes. Investors have been increasingly on edge about the prospect of former President Donald Trump winning the election, a possibility

By Jordan Valinsky, CNN New York (CNN) — Tickets for this year’s highly anticipated World Series between the New York Yankees and Los Angeles Dodgers are set to be the most expensive ever. The average ticket price is hovering around $1,703 on the secondary market, according to reseller TickPick. That narrowly edges out the previous

By Anna Cooban, CNN London (CNN) — ChatGPT can be duped into providing detailed advice on how to commit crimes ranging from money laundering to the export of weapons to sanctioned countries, a tech startup found, raising questions over the chatbot’s safeguards against its use to aid illegal activity. Norwegian firm Strise ran two experiments asking

By Ramishah Maruf, CNN New York (CNN) — The US Consumer Financial Protection Bureau ordered Goldman Sachs and Apple to pay $89 million, and Goldman was temporarily banned from issuing new credit cards, because of the companies’ mishandling of their Apple Card partnership. The failures left customers with unresolved charge disputes and, in some cases,

By Nathaniel Meyersohn, CNN New York (CNN) — Abercrombie & Fitch has spent years trying to scrub the memory of longtime former CEO Mike Jeffries and the associated sexualized marketing campaigns with shirtless male models that he crafted. Since Jeffries exited as CEO in 2014 after more than two decades, Abercrombie ditched the perfume-drenched stores,

By Jordan Valinsky, CNN New York (CNN) — Goldfish crackers are synonymous with hungry kids, but the company is betting that a sophisticated name change could expand that audience. The Pepperidge Farm snack brand is tweaking its name for a limited time to “Chilean Sea Bass,” a more grown-up title, the Campbell’s Company announced Wednesday.

By David Goldman, CNN New York (CNN) — A day after an E. coli outbreak tied to Quarter Pounders in the western part of the United States left one dead and 10 hospitalized, McDonald’s entered full damage-control mode. “We are very confident that you can go to McDonald’s and enjoy our classics,” McDonald’s USA President

By Jordan Valinsky, CNN New York (CNN) — Starbucks’ new CEO Brian Niccol has a Herculean task in front of him to change the dire state of affairs that the world’s largest coffee chain is currently brewing in. Surprising Wall Street, the company unexpectedly released its preliminary earnings report Tuesday evening, revealing sales fell –

By Chris Isidore, CNN New York (CNN) — Boeing reported huge quarterly losses Wednesday, as new CEO Kelly Ortberg conceded “it will take time to return Boeing to its former legacy.” “Going forward, we will be focused on fundamentally changing the culture, stabilizing the business, and improving program execution,” Ortberg said in the company’s quarterly

By Pete Muntean, CNN (CNN) — The federal government is slapping American Airlines with a $50 million fine after a multi-agency investigation uncovered repeat violations of the rules designed to protect airline passengers who use wheelchairs. The investigation by the Department of Transportation aided by the Justice Department’s civil rights division found that American made

By Ramishah Maruf, CNN New York (CNN) — An influx of Yelp reviews – many of them bogus – of a Pennsylvania McDonald’s that former President Donald Trump visited Sunday, led the review platform to temporarily freeze the franchise’s Yelp page. Many of the recent latest reviews were ruthless. Some called out Trump for his

By Maria Aguilar Prieto, CNN (CNN) — Walmart, already partially responsible for the slow demise of America’s drug stores, is launching yet another CVS killer: 30-minute prescription delivery. Walmart’s pitch to costumers is simple – fill your prescription, plus get some groceries delivered to your door, all in one order. Prescription delivery was the number

By Pete Muntean, CNN (CNN) — The Federal Aviation Administration has published new rules that it calls “the final piece of the puzzle” toward allowing half-helicopter, half-airplane, electric “air taxis” to start whizzing through the skies. On Tuesday, the FAA published 880 pages of special regulations that spell out how pilots will learn the new

By Jordan Valinsky, CNN New York (CNN) — Denny’s is closing 150 restaurants over the next year, and the 71-year-old diner chain is mulling a major change to its 24/7 operating hours. Fifty locations are set to close by the end of 2024, while the remaining 100 will shutter in 2025, Denny’s announced in an

By Brynn Gingras, Kara Scannell, Laura Dolan and John Towfighi, CNN New York (CNN) — Mike Jeffries, the former CEO of Abercrombie & Fitch, has been indicted on 16 federal counts of sex trafficking and international prostitution in New York, and is accused of leveraging “a network of employees, contractors and security professionals” while he led

By Hanna Ziady, CNN London (CNN) — High inflation has mostly been defeated around the world, the International Monetary Fund said Tuesday, providing a surprisingly upbeat assessment on prices after warning only three months ago that progress on reducing inflation had stalled. “It looks like the global battle against inflation has largely been won, even

By Brian Stelter, CNN New York (CNN) — Broadcast television licensing is not ordinarily a hot topic during a presidential election. But Donald Trump’s threats are not ordinary, either. In the past two years, Trump has called for every major American TV news network to be punished, according to a CNN review of his speeches

By Jordan Valinsky, CNN New York (CNN) — Target is slashing prices on more than 2,000 items, marking the second time this year that the retailer cut customer costs as it attempts to attract inflation-weary shoppers ahead of the holiday shopping season. Some prices have dropped effective immediately on a number of items, including home

By Chris Isidore, CNN New York (CNN) — General Motors reported much stronger than expected third-quarter earnings and gave an outlook that puts it on the path for record earnings in 2024 – just a year after a costly strike by members of the United Auto Workers union. The company reported it earned an adjusted

By Matt Egan, CNN New York (CNN) — The last time Congress voted to increase the federal minimum wage, Lehman Brothers and Bear Stearns both still existed, Patrick Mahomes was just 11 years old and Kamala Harris was San Francisco’s district attorney. That minimum wage hike in July 2007 lifted the pay floor in the

By Liam Reilly and Hadas Gold, CNN New York (CNN) — Olivia Nuzzi has parted ways with New York magazine, the publication said Monday, after the star Washington correspondent was placed on leave last month over a previously undisclosed “personal relationship” with Robert F. Kennedy, Jr. Nuzzi’s departure comes after the magazine enlisted the law

By Liam Reilly, CNN New York (CNN) — Rupert Murdoch’s Dow Jones, the parent company of the Wall Street Journal, and the New York Post sued Perplexity on Monday, accusing the generative AI company of illegally scraping its reporting and diverting traffic to its own platforms. The News Corp-owned companies accused Perplexity of training its so-called answer machine with copyrighted material, using scraped content

By Liam Reilly, CNN New York (CNN) — Top attorneys for Gov. Ron DeSantis penned the cease-and-desist letters sent by Florida’s health department threatening to criminally prosecute local TV stations over their airing of an abortion rights ad, the department’s former general counsel said in court documents. In an affidavit filed on Monday, John Wilson, the former general counsel for Florida’s Department of Health,

By Jordan Valinsky, CNN New York (CNN) — McDonald’s has been thrust into the 2024 election, gaining particular attention over the weekend when former President Donald Trump served fries at a Feasterville-Trevose, Pennsylvania, location. But McDonald’s had nothing to do with Trump’s visit. The company operates on a franchise model, which means the vast majority of its

By Robert Ilich, CNN (CNN) — More than 2,000 unionized mental health workers in Southern California went on strike against Kaiser Permanente on Monday after the two sides failed to reach a new labor agreement. The National Union of Healthcare Workers (NUHW) — which represents 19,000 healthcare workers in California and Hawaii, including 4,700 mental

By David Goldman, CNN (CNN) — Disney is about to have its fourth board chair in just over three years, as the company continues to navigate ongoing tumult in the media industry. Chairman Mark Parker will step down at the end of the year, the company announced Monday. Morgan Stanley CEO James Gorman will replace

By Jordan Valinsky, CNN New York (CNN) — BuyBuy Baby is once again saying goodbye to its stores less than a year after the bankrupt retailer tried to reopen some locations under a new parent. As part of a “strategic reset,” the retailer will shift to an online-only business model, and its 10 locations will

By Brian Stelter, CNN New York (CNN) — An umbrella organization of civil rights groups is alerting the public to “digital voting disinformation” and imploring social media companies to take action. “There is still time for social media companies to step up and do what is right,” Maya Wiley, the president and CEO of The

By Jordan Valinsky, CNN New York (CNN) — The Girl Scouts of the USA have voted to hike membership prices by 160% over the next two years, as the cash-strapped 112-year-old group looks to increase revenue in an attempt to ensure its future. The price increase was approved Saturday at a National Council meeting, where

By Tami Luhby, CNN (CNN) — As the lead organizer of Asheville Food and Beverage United in North Carolina, Jen Hampton is grateful that the union’s members who lost their jobs after Hurricane Helene can apply for federal disaster unemployment assistance, which lasts for as long as six months. Currently, the jobless in North Carolina

By Ramishah Maruf, CNN New York (CNN) — When X unveiled its newest terms of service, which go into effect on November 15, users quickly picked up on one change. “By submitting, posting or displaying Content on or through the Services, you grant us a worldwide, non-exclusive, royalty-free license to make your Content available to

By Samantha Delouya and Rachel Wilson, CNN (CNN) — In the final stretch of her bid for the White House, Vice President Kamala Harris has made improving housing affordability a core promise of her campaign. In addition to pledging to provide up to $25,000 in down-payment assistance for first-time homebuyers and a plan to drive

By Nicole Goodkind, CNN New York (CNN) — Idris Elba has conquered Hollywood with iconic roles in “The Wire” and “Luther.” Now, the London-born actor is shifting his focus to a new stage — one that’s 10,000 miles away. Elba, whose parents hail from Sierra Leone and Ghana, is on a mission to transform the

By Erika Tulfo, CNN (CNN) — Everybody knows it’s not Halloween without candy, but trick-or-treaters might find less chocolate filling their buckets this year. That’s because cocoa prices have more than doubled since the start of the year and have remained at record highs, according to Wells Fargo data shared with CNN. The surging prices

CNN By Erika Tulfo, CNN (CNN) — Everybody knows it’s not Halloween without candy, but trick-or-treaters might find less chocolate filling their buckets this year. That’s because cocoa prices have more than doubled since the start of the year and have remained at record highs, according to Wells Fargo data shared with CNN. The surging

By Chris Isidore, CNN New York (CNN) — A tentative deal has been reached to end the five-week-long strike at troubled aircraft maker Boeing, the union announced to its 33,000 striking members early Saturday. The deal still needs to be ratified by a majority of the rank-and-file membership of the International Association of Machinists before

By Chris Isidore, CNN, Photography by Laura Oliverio, CNN Bridgehampton, NY (CNN) — On Wednesday, Shahlise Cherry and her friend Deborah Arnone went to visit a fondly remembered past, one that helped to reshape retailing in America. They went shopping at the last full-size Kmart in the mainland United States, which is set to close its

By Erika Tulfo, CNN (CNN) — America’s largest drug store chain named a new chief executive officer on Friday, with longtime CVS Health executive David Joyner replacing Karen Lynch. CVS also withdrew its 2024 profit forecast and advised investors against relying on the full-year guidance provided in August, citing higher medical cost pressures. Stock prices

CNN By Liam Reilly and Brian Stelter, CNN New York (CNN) — “To keep it simple for the State of Florida: it’s the First Amendment, stupid.” That’s what a federal judge wrote Thursday as he sided with local TV stations in an extraordinary dispute over a pro-abortion rights television ad. Chief U.S. District Judge Mark E. Walker of the

CNN By Hadas Gold and Liam Reilly, CNN New York (CNN) — Former President Donald Trump said Friday that Fox News staffers helped him write his Al Smith charity dinner speech, in which he cracked jokes and insulted his opponent, Vice President Kamala Harris. Trump made the comment during an interview on “Fox and Friends,”

By Hadas Gold and Liam Reilly, CNN New York (CNN) — Former President Donald Trump said Friday that Fox News staffers helped him write his Al Smith charity dinner speech, in which he cracked jokes and insulted his opponent, Vice President Kamala Harris. Trump made the comment during an interview on “Fox and Friends,” during

By Chris Isidore, CNN New York (CNN) — The National Highway Traffic Safety Administration says it has launched an investigation into the safety of Tesla’s Full Self-Driving feature, or FSD, after at least one fatal accident involving a pedestrian. The investigation is looking into four accidents involving vehicles using the FSD feature. In one, a

By Vanessa Yurkevich, CNN (CNN) — The Girl Scouts of the USA plans to raise prices, but not for their famous cookies. On Saturday, the 900 delegates of the Girl Scouts of the USA’s National Council will vote on whether to raise dues for the first time in eight years. The Board proposes raising membership

CNN By Alexandra Banner, CNN (CNN) — Ask to take a nap in a mattress store. Or challenge a stranger to dance in public. You’ll likely get a “no” in response — but that’s the point of the exercise. Psychologists say exposing yourself to uncomfortable situations can be a form of therapy to help decrease

By Marshall Cohen, CNN Washington (CNN) — Elon Musk promoted several debunked conspiracy theories about the 2020 election during his first solo town hall Thursday in Pennsylvania, as he urged voters in the battleground state to support former President Donald Trump. Asked by a member of the audience gathered at the event in the Philadelphia

By Liam Reilly and Brian Stelter, CNN New York (CNN) — “To keep it simple for the State of Florida: it’s the First Amendment, stupid.” That’s what a federal judge wrote Thursday as he sided with local TV stations in an extraordinary dispute over a pro-abortion rights television ad. Chief U.S. District Judge Mark E. Walker of the Northern

By Chris Lau, Marc Stewart and Martha Zhou, CNN Beijing/Hong Kong (CNN) — A takeout delivery rider suddenly loses it in the middle of the road, smashing his cellphone on the pavement after getting a negative review from a customer. Another delivery worker gets on his knees to apologize to a cop who pulled him

By Chris Isidore, CNN New York (CNN) — Losses from Hurricane Milton could reach as high as $34 billion, according to an early estimate of both flood and wind damage from research firm CoreLogic, with between $4 billion to $6 billion of those losses being uninsured flood damage. And that is only an estimate of

By Clare Duffy, CNN New York (CNN) — Meta fired around two dozen employees from its Los Angeles office for misusing company meal credits for things like laundry detergent, wine glasses and acne treatment pads, a source familiar with the company confirmed to CNN. Many of the social media giant’s corporate offices feature elaborate food

By Bryan Mena, CNN Washington (CNN) — American shoppers continue to power the US economy. Spending at US retailers climbed 0.4% in September from the prior month, according to fresh government data released Thursday. That was much stronger than August’s 0.1% gain and was in line with what economists projected in a FactSet poll. Wall

By Anna Cooban, CNN Lonodn (CNN) — Some toymakers are “flooding” Europe with dangerous toys via online marketplaces, including magnets capable of puncturing a child’s intestines if swallowed and products containing toxic chemicals, according to an industry body. Toy Industries of Europe, which represents toy manufacturers in the European Union and the United Kingdom, has

By Elisabeth Buchwald, CNN New York (CNN) — The economic successes of Asheville, North Carolina and Tampa, Florida, have been the envy of many cities across the United States. Both metropolitan areas registered an unemployment rate of 3.1% in August, lower than in their respective home states and nationally, according to Labor Department data. New

By Matt Egan, CNN New York (CNN) — The federal government’s bet on using artificial intelligence to fight financial crime appears to be paying off. Machine learning AI helped the US Treasury Department to sift through massive amounts of data and recover $1 billion worth of check fraud in fiscal 2024 alone, according to new

By Kaanita Iyer, CNN (CNN) — Recognizing that daters are increasingly prioritizing politics in their search for “the one,” many dating apps have introduced features that make it easier for users to match with potential partners based on their politics in the run-up to the election. Tinder last month launched its “Take Action Center,” which

By Juliana Liu, CNN Hong Kong (CNN) — Chinese property shares tanked on Thursday, after measures announced by officials to bolster the flagging real estate market were deemed by investors and economists to be too piecemeal. After dismal economic data over the summer prompted concern that China may miss its 5% target growth rate, leader

By Clare Duffy, CNN New York (CNN) — Elon Musk’s SpaceX has accused a California regulator of political discrimination after it voted to block the rocket company from conducting more launches on the state’s central coast. SpaceX claimed in a lawsuit filed Tuesday that members of the California Coastal Commission violated Musk’s right to free

By Hadas Gold and Liam Reilly, CNN New York (CNN) — Fox News hosted an all-women town hall with former President Donald Trump, billed as an opportunity for female voters to ask the Republican candidate questions that matter to them. The Georgia town hall, where Trump took questions on reproductive laws, transgender rights and other

By Anna Cooban, CNN London (CNN) — Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes in warfare.” The European aerospace giant, which competes with beleaguered Boeing (BA) in airplane manufacturing, said Wednesday that it expects to complete

By Brian Stelter, CNN New York (CNN) — Fox News anchor Bret Baier is all too keenly aware that Fox’s viewers want him to affirm what they already feel. This week, he is under pressure as he prepares for a high-stakes interview with Vice President Kamala Harris – the Democratic nominee for president’s first-ever formal interview on

By Jordan Valinsky, CNN New York (CNN) — Bed Bath & Beyond is coming back to a physical store near you after going out of business last year. But this time, it’s taking up space at a rival. Beyond Inc., which bought the defunct retailer out of bankruptcy, is investing $40 million in the Container

By Jordan Valinsky, CNN New York (CNN) — Aldi is releasing its lowest-priced Thanksgiving meal deal in five years — and undercutting one of its largest rivals — as inflation-weary consumers shift their shopping habits to more affordable private labels. The low-priced grocery chain is rolling out an “inflation-busting holiday meal” priced at $47 that

By Chris Isidore, CNN New York (CNN) — Boeing’s finances are a multi-billion-dollar problem for the company, its employees, suppliers and airline customers. The good news is that they probably won’t affect the average American – well, not very much. After 33,000 members of the International Association of Machinists went on strike against the company

By Hadas Gold, CNN New York (CNN) — When former President Donald Trump takes the stage with Latino voters on Wednesday night in Miami at a town hall hosted by Univision, one thing may be missing: fact checking. There was no fact checking during Vice President Kamala Harris’ town hall with the network last week either. But it’s the question-and-answer

By Nathaniel Meyersohn, CNN New York (CNN) — CVS is closing 900 stores. Rite-Aid is closing 500. Walgreens announced Tuesday it plans to close 1,200 stores, meaning 1 in 7 will disappear. What is going on with America’s drug stores? Walgreens and other chains overexpanded during the 1990s and 2000s to drive out competitors and

By Olesya Dmitracova, CNN London (CNN) — For consumers still scarred by jumps in their energy bills in recent years, the International Energy Agency has good news: Oil and natural gas prices will probably be lower over the next five years. Energy prices soared in the wake of Russia’s full-scale invasion of Ukraine in February

By Matt Egan, CNN New York (CNN) — Former President Donald Trump’s social media company suffered a sudden nosedive in the stock market Tuesday that briefly halted trading and left traders scratching their heads. Truth Social owner Trump Media & Technology Group was trading sharply higher during a volatile session at about $31 per share

By Katelyn Polantz, CNN Washington (CNN) — Political journalist Ryan Lizza has accused his ex-fianceé, the acclaimed magazine writer Olivia Nuzzi, of “catastrophically reckless behavior” in a year-long affair with Robert F. Kennedy Jr. that led to the journalists’ breakup this summer, according to new court filings in an ongoing dispute between Lizza and Nuzzi.

By Jordan Valinsky, CNN New York (CNN) — Lufthansa, Germany’s biggest airline, has been fined a record $4 million for discriminating against Jewish passengers, the US Department of Transportation announced Tuesday. The fine stems from a May 2022 incident in which the airline prohibited 128 Jewish passengers from boarding. The DOT noted in a consent

By Liam Reilly, CNN New York (CNN) — Donald Trump has backed out of an interview with CNBC, marking the second time this month the former president has canceled on a mainstream press interview. Joe Kernen, the “Squawk Box” co-anchor, broke the news of the unannounced interview’s cancellation during Tuesday morning’s broadcast. “Well, Trump canceled,

By Alicia Wallace, CNN (CNN) — Americans are feeling fairly secure in their jobs, they expect to continue to earn and spend more than they did pre-pandemic, and they think inflation isn’t getting much worse, according to new survey data released Tuesday by the Federal Reserve Bank of New York. But they’re growing increasingly anxious

By Chris Isidore, CNN New York (CNN) — Cash-starved Boeing, contending with massive financial losses from a crippling strike and years of operational and safety problems, is turning to major banks and Wall Street to raise tens of billions of dollars in cash. In a regulatory filing early Tuesday, the company announced plans to borrow

By Nathaniel Meyersohn, CNN New York (CNN) — Ken Frazier grew up in a poor Philadelphia neighborhood as the son of a janitor and grandson of a man born into slavery. He rose to the heights of corporate America as CEO of Merck from 2011 to 2021, becoming the first Black chief executive of a

By Elisabeth Buchwald, CNN New York (CNN) — Up until a few weeks ago, residents of western North Carolina likely gave little consideration to purchasing flood insurance. But last month Hurricane Helene flooded much of that area, as well as other parts of the Southeast, resulting in up to $30 billion in uninsured flood damage.

By Nicole Goodkind, CNN New York (CNN) — Wall Street traders are popping champagne and toasting the two-year anniversary of a period of outsized gains known as a bull market. This two-year mark is known in gift-giving terms as the cotton anniversary. And with US dollars made up of 75% cotton, traders are celebrating with

By Matt Egan, CNN New York (CNN) — Hurricane Milton passed through Florida days ago, but the devastating storm is still causing chaos at gas stations. Hundreds of gas stations in Florida still don’t have gas, including roughly half of the stations in the hard-hit Tampa area. Floridians who are fortunate to access working gas

By Jordan Valinsky, CNN New York (CNN) — True Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling substantially all of its operations to a rival, the company announced Monday. In a press release, True Value said it will continue day-to-day operations of selling hardware and other homeware tools to

By Matt Egan, CNN New York (CNN) — Former President Donald Trump’s social media company is on fire on Wall Street. It’s all about Trump’s perceived chances of retaking the White House. Up until very recently, Trump Media & Technology Group had been in meltdown mode. Its share price dropped to a record low of

By Christian Edwards, CNN London (CNN) — Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor. Daron Acemoglu, Simon Johnson and James Robinson will share the prize, which carries a cash award of 11 million Swedish

By Vanessa Yurkevich, CNN (CNN) — For the past month TikTok users have been commenting on Nutter Butter’s account. “You good?” asked one. “Nutter Butter are you paying for my therapy or?” asked another. Some users have posted complete video responses trying to understand what was going on, tagging their posts “#weird.” The posts from

By Ramishah Maruf, CNN New York (CNN) — On the second Monday of October, Americans will be celebrating Indigenous Peoples’ Day, also known as Columbus Day. Indigenous Peoples’ Day recognizes the contributions and legacy of those who lived here long before Christopher Columbus erroneously claimed to have discovered America. President Joe Biden formally recognized Indigenous Peoples’ Day