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By Kayla Tausche, CNN (CNN) — Nippon Steel is expected to re-file its application for a national security review by American regulators of its $15 billion takeover bid of US Steel, sources familiar with the matter told CNN on Tuesday, buying Japan’s largest steelmaker an additional 90 days to close its acquisition of an American

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — United Auto Workers union President Shawn Fain said Tuesday the group plans to hold strike authorization votes against Stellantis because the automaker was failing to live up to guarantees it made during a labor deal struck last year. In a speech to members Tuesday

By Ramishah Maruf, CNN New York (CNN) — So far, the attacks that targeted Iran-backed Lebanese militant group Hezbollah members through their pagers have had devastating consequences. The pager explosions killed at least twelve people, including two children and wounded around 2,800. In a fresh wave of explosions Wednesday – this time walkie talkies – at

By Elisabeth Buchwald, CNN New York (CNN) — If you’ve been anxiously awaiting financial relief from the Federal Reserve, you are about to get a rude awakening. After keeping interest rates at a 23-year high for over a year, the Fed is widely expected to announce Wednesday it is finally cutting its benchmark lending rate.

By Nathaniel Meyersohn, CNN New York (CNN) — Sam’s Club will raise pay to incentivize workers to stay with the company — and not jump ship to Costco. Sam’s Club, the membership club arm of Walmart, will increase its minimum wage to $16 starting in November from $15 an hour. It will also raise wages

By Jordan Valinsky, CNN New York (CNN) — Some of YouTube’s biggest stars are taking on Lunchables with a competitor of their own. MrBeast, Logan Paul and KSI are teaming up on a “groundbreaking new better-for-you lunch option” called Lunchly, which combines all of their products into one meal that’s aimed at their young fan

By Bryan Mena, CNN Washington (CNN) — A key driver of the US economy remains solid. Spending at US retailers rose 0.1% in August from the prior month, the Commerce Department reported Tuesday. That’s a much slower pace than July’s upwardly revised 1.1% gain, but well above the 0.2% decline economists projected in a FactSet

By Hanna Ziady, CNN London (CNN) — Brexit is having “profound and ongoing stifling effects” on goods trade between the United Kingdom and the European Union, according to a new report that adds to evidence of the economic damage wrought by Britain’s exit from the world’s largest trading bloc. Researchers at Aston University in England

By Clare Duffy, CNN New York (CNN) — Instagram on Tuesday announced its most dramatic effort yet to protect young users from dangers on its platform, implementing new “teen account” settings that will automatically make millions of teen accounts private and restrict what kinds of content those users can view on the app. The change

By Matt Egan, CNN New York (CNN) — The American economy appears to be just hours away from a major milestone: The first interest rate cut from the Federal Reserve since Covid. Yet there remains an unusual amount of drama over the magnitude of that rate cut, with some in Washington calling for a supersized

By Matt Egan, CNN New York (CNN) — Elon Musk’s sprawling empire — spanning everything from electric vehicles and social media to space rockets and miniature brain implants — may soon make him the world’s first trillionaire. Musk’s business success has made him one of the most influential — and controversial — people in the

By Jeanne Sahadi, CNN (CNN) — When it comes to women’s advancement in corporate America, there have been gains made since 2015, according to the 10th annual analysis by women-at-work advocacy group LeanIn.org and consulting firm McKinsey & Company. But their report, released Tuesday, notes that women still face plenty of headwinds in getting ahead.

By Sean Lyngaas, CNN (CNN) — Meta, the parent company of Facebook and Instagram, announced Monday that it has banned Russian state media broadcaster RT and other Kremlin-controlled networks, alleging the outlets have engaged in deceptive influence operations and attempted to evade detection. “After careful consideration, we expanded our ongoing enforcement against Russian state media

By Ramishah Maruf, CNN New York (CNN) — Intel’s struggling chip-making business got a boost Monday from a high-profile client: Amazon. The announcement came after Intel said earlier in the day it would receive up to $3 billion in funding under the CHIPS and Science Act to manufacture chips for the military. Intel Foundry and

By Jordan Valinsky, CNN New York (CNN) — Amazon is demanding that its corporate employees return to the office five days a week, a significant change from its current pandemic-era hybrid policy that requires them to be in the office just three days a week. CEO Andy Jassy made the announcement about the new policy

By Vanessa Yurkevich, CNN (CNN) — With a massive ongoing strike, Boeing is making some temporary cutbacks that could hit non-union staff hard. Boeing Chief Financial Officer Brian West on Monday announced the company is instituting a freeze on hiring and non-essential travel, and it will consider furloughs for employees, managers, and executives. The company

By Matt Egan, CNN New York (CNN) — Shares of Donald Trump’s social media company are experiencing another bout of turbulence following the latest assassination attempt against the former president and face of Truth Social. Shares of Trump Media & Technology Group (DJT) initially climbed 5% in premarket trading early Monday in the wake of

By Hanna Ziady, CNN London (CNN) — Harland & Wolff, the 163-year-old firm that built the Titanic, has declared itself insolvent after failing to secure funding to continue trading. The loss-making UK shipbuilder said Monday that it would likely begin administration proceedings in the coming days. Administration provides a way for companies in the United

By David Goldman, CNN (CNN) — Elon Musk deleted a post Monday morning that questioned why former President Donald Trump has faced two apparent assassination attempts in recent months while President Joe Biden and Vice President Kamala Harris have not encountered any. Musk later claimed the post was a joke. “And no one is even

By Chris Isidore, CNN New York (CNN) — For a company that has lost $33 billion since 2019, a strike that virtually halts production of its major product is the last thing it needs. But that’s the reality for embattled aircraft maker Boeing. How long the strike lasts will determine how serious the problems are

By Bryan Mena, CNN Washington (CNN) — It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for the central bank’s long fight with inflation and for Americans battling a higher cost of living

By Brian Fung, CNN (CNN) — Who really controls TikTok’s magical algorithm — the US-based company that runs the app or its Chinese parent, ByteDance? That’s the question that bedeviled a trio of federal judges on Monday charged with deciding whether to allow the implementation of a law that could ultimately result in TikTok being banned

By Samantha Delouya, CNN (CNN) — On Wednesday, the Federal Reserve is widely expected to cut interest rates after keeping them at a 23-year high for more than a year, fueling hopes that America’s sluggish housing market might soon turn a corner. Mortgage rates have doubled since 2020, contributing to one of the most unaffordable

By Elisabeth Buchwald, CNN New York (CNN) — Federal Reserve officials won’t say how former President Donald Trump winning a second term could impact the economy. Actually, the Fed prides itself on avoiding even the suggestion that it is wading into politics. But transcripts of closed-door Fed meetings from Trump’s first term give some clues

By Jeanne Sahadi, CNN New York (CNN) — Mostly large US corporations are projecting an average increase in their base pay budgets of 3.9% for next year, according to a new survey of 300 compensation leaders across 11 major industries from The Conference Board. That is lower than the 4.4% average increase they paid out

Reuters (CNN) — Air Canada said early on Sunday it had reached a tentative agreement with its pilots union over a new four-year collective agreement, in a last-minute deal that will avert a near-term strike or lockout. Before the tentative agreement was reached, Canada’s largest airline had been preparing to progressively cancel flights over three

By Alexandra Peers, CNN (CNN) — Some people really do leave money to their pets. And it’s legal. In June 2019, designer Karl Lagerfeld passed away. A chunk of his fortune, amassed after decades of helming the fashion house Chanel, was left to his cat, Choupette. “There is no marriage, yet, for human beings and

By Matt Egan, CNN (CNN) — Former President Donald Trump lashed out at Nasdaq over a routine trading halt in shares of his social media company and even threatened to move the listing to the New York Stock Exchange. “Why is NASDAQ halting the sale of DJT?” Trump said Friday on Truth Social, referring to

By Robert Ilich, CNN (CNN) — A short but tense distribution dispute between Disney and DirecTV came to an end Saturday after the two sides agreed to a new deal that will restore Disney-owned channels, including ABC, ESPN and FX, to the satellite TV provider. DirecTV stopped airing Disney-owned channels on September 1, denying sports

By Ramishah Maruf, CNN New York (CNN) — Home Depot will pay nearly $2 million to settle a civil enforcement claim from California district attorneys that the home improvement company was engaging in false advertising and unfair competition. The complaint filed in San Diego Superior Court said that when people at Home Depot brought an

By Jon Passantino, CNN (CNN) — Right-wing media outlets are ignoring Donald Trump’s embrace of far-right conspiracy theorist Laura Loomer, shielding their audience from the uproar amid condemnation from top Republicans. In recent days, Donald Trump has mingled with Loomer, the radical conspiracy theorist who has a well-documented history of pushing racist, sexist, Islamophobic and homophobic hate. Loomer

By Allison Morrow, CNN New York (CNN) — Lawyers for Sam Bankman-Fried, the convicted former CEO of crypto exchange FTX, filed an appeal Friday, claiming he was denied a fair trial last fall and seeking new proceedings under a different judge. Bankman-Fried, 32, was sentenced to 25 years in prison after a jury convicted him

By Matt Egan, CNN New York (CNN) — Former President Donald Trump said Friday that he is not selling shares in his controversial social media company, an announcement that sent the stock prices skyrocketing. Trump and other insiders in Truth Social owner Trump Media & Technology Group will be free to sell shares as soon

By Kayla Tausche and Matt Egan, CNN (CNN) — As presidential politics cloud the outlook of US Steel’s merger with its Japanese rival, a national security review of the deal is now not expected to be decided until after the election, according to people familiar with the matter. The Committee on Foreign Investment in the

By Bryan Mena, CNN Washington (CNN) — Americans are feeling a greater sense of optimism about the US economy this month, thanks to slower inflation. Voters also see a greater likelihood that Vice President Kamala Harris will defeat former President Donald Trump in the upcoming November election. The University of Michigan’s latest consumer survey, released

KING, CNN By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — About 33,000 union members at Boeing have started to walk off the job on Friday after they overwhelmingly rejected a proposed four-year contract with the troubled aircraft manufacturer. The strike, the first at the company in 16 years, will virtually stop commercial

By Hadas Gold, CNN New York (CNN) — A Nevada judge has ruled that billionaire media mogul Rupert Murdoch and his family can hold a secret court battle over the future of his vast media empire behind closed doors. The judge rejected a petition by a coalition of media organizations, including CNN, The New York Times, NPR,

By Olesya Dmitracova, CNN London (CNN) — OpenAI has unveiled a new artificial intelligence model that it says can “reason” and solve harder problems in science, coding and math than its predecessors. The model, the first in a series called OpenAI o1, was released Thursday as a preview, with the firm saying it expects regular updates

By Jon Passantino and Sean Lyngaas, CNN (CNN) — Where did the money go? The right-wing social media stars who were allegedly paid millions of dollars in a nefarious Russian influence operation to shape public opinion around the 2024 US presidential election are remaining mum. Last week, the Justice Department alleged that Russian state media producers

By Elisabeth Buchwald, CNN New York (CNN) — For much of the last two years, the 2-year US Treasury yield has traded above the 10-year yield. When that happens, it historically has meant a recession is looming. So you’d think that investors and economists would have celebrated last week when that warning sign stopped flashing.

By Nathaniel Meyersohn, CNN New York (CNN) — A year ago, America’s stores declared a shoplifting epidemic. They closed stores in major cities, hired extra security, locked up key merchandise and declared big losses in their financial statements. This year, retailers are telling a very different story — or no story at all. It’s as

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — About 33,000 union members at Boeing have started to walk off the job on Friday after they overwhelmingly rejected a proposed four-year contract with the troubled aircraft manufacturer. The strike, the first at the company in 16 years, will virtually stop commercial airplane production

By Juliana Liu, CNN Hong Kong (CNN) — Hyundai and General Motors (GM) have agreed to look for ways to work together on developing new vehicles, supply chains and technologies in an effort to cut costs and move more quickly. Global carmakers are under intense pressure to come up with new electric vehicle (EV) and

By Piper Hudspeth Blackburn, CNN (CNN) — A federal appeals court in Washington, DC, on Thursday evening temporarily blocked a prediction market from offering bets on the November elections, granting a government watchdog’s request to pause a ruling that made way for legal political gambling in the United States. Earlier Thursday, US District Judge Jia

By Marshall Cohen, CNN Washington (CNN) — A major defamation case against Newsmax will proceed to trial later this month, a judge ruled Thursday, dealing a blow to the right-wing network and setting the stage for the 2020 election to be relitigated during the final stretch of the 2024 race. Delaware Superior Court Judge Eric Davis rejected Newsmax’s

By Chris Lau, Marc Stewart and Martha Zhou, CNN Beijing/Hong Kong (CNN) — Married for seven years, Hansen and his wife Momo care for six little ones at their apartment in downtown Beijing. But they adopt a slightly different parenting routine from your typical mom and dad: They play fetch with them and take them

By Samantha Delouya, CNN (CNN) — Nearly half of all renter households in the US were cost-burdened in 2023, meaning they paid more than 30% of their income towards housing costs, according to new government data. The data, released Thursday as part of the US Census Bureau’s 2023 American Community Survey, underscores the gravity of

By Bryan Mena, CNN Washington (CNN) — It’s hard to overstate how tough it has become for millions of Americans to purchase a home — a cornerstone of the so-called American Dream. Home prices are sky-high, mortgage rates remain higher than anything seen from 2008 to 2022 and housing supply is not keeping up with

By Jeanne Sahadi, CNN (CNN) — When you’re making a purchase at a store’s checkout counter, you may be invited to sign up for the retailer’s store card and promised an initial discount on what you’re buying, plus future perks. “Ok, why not?” you think. Here’s why not: If you ever end up carrying a

By Bryan Mena, CNN Washington (CNN) — Mortgage rates fell this week to the lowest point since February 2023, in a welcome sign for Americans grappling with a tough housing market. The standard, 30-year fixed-rate mortgage averaged 6.20% in the week ended September 12, mortgage financing giant Freddie Mac said Thursday. That’s down from last

By David Goldman, CNN (CNN) — Emily Wiprud, the first officer piloting Alaska Airlines Flight 1282 on January 5, says she initially thought people had been killed when the plane’s door plug blew off shortly after takeoff, according to an interview with CBS News Wednesday. “I opened the flight deck door. And I saw quiet.

By Alicia Wallace, CNN (CNN) — Another day, another encouraging inflation report — but one with enough hint of concern to keep the victory parades at bay and keep the Federal Reserve from going big on its impending rate cut. The Producer Price Index, which measures average price changes seen by producers and manufacturers, markedly

By Hanna Ziady, CNN London (CNN) — The European Central Bank cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation slows and Europe’s economy stumbles. The widely anticipated decision, which was unanimously agreed by the ECB’s 26 rate-setters, takes the benchmark rate in the 20 countries that use

By Ramishah Maruf, CNN New York (CNN) — The McDonald’s $5 meal deal is staying on menus until December, a sign that inflation-weary customers are devouring value meals recently offered by fast food chains. The Chicago-based fast-food giant announced the $5 meal deal in June. But what the company offered as a one month only

By Matt Egan, CNN (CNN) — The face of artificial intelligence in America is set to meet with top US officials at the White House on Thursday, CNN has learned, in a first-of-its-kind meeting to solve a riddle that could severely strain US infrastructure: how to power the AI boom. Sam Altman, the CEO behind

By Hadas Gold, CNN New York (CNN) — When Rupert Murdoch, the 93-year-old media mogul, quietly decided last year to upend the irrevocable family trust that governs who will control his sprawling global media empire after his death, the move ignited an intense feud among his children. But the secret family affair now playing out inside an obscure Reno, Nevada, courtroom like a page ripped from

By Matt Egan, CNN New York (CNN) — It’s easy to dismiss many presidential candidates’ campaign promises as empty, because Congress would need to approve them. Tariffs are different. Presidents have vast powers to lob tariffs on friends and foes, as former President Donald Trump demonstrated when he waged a trade war starting in 2018.

By Juliana Liu, CNN Hong Kong (CNN) — A Chinese investment bank known for making some of the biggest deals in the country’s tech sector during its heyday has revealed it received a massive bill for 78 million yuan ($11 million) related to the disappearance of its star banker, Bao Fan. The request for payment

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — Little has gone right for Boeing over the last five years. By this time tomorrow, the troubled company could add another mess to its growing list of problems: A massive strike by 33,000 of its workers that could stop airplane production at America’s largest

By Kathleen Magramo, CNN (CNN) — After years of speculation and hype, Sony will be launching an upgraded version of its popular PlayStation 5 at the console’s highest ever price. The PS5 Pro will go on sale on November 7 at $700, about 40% more expensive than the PS 5 when it launched in 2020,

By Chris Isidore, CNN New York (CNN) — Norfolk Southern CEO Alan Shaw was fired for cause by the railroad’s board for “engaging in a consensual relationship with the company’s chief legal officer,” who was also terminated, the railroad announced Wednesday evening. A statement from the company on Wednesday said that Shaw had been dismissed

By Hadas Gold, CNN New York (CNN) — The first presidential debate between Vice President Kamala Harris and former President Donald Trump drew an estimated 67.1 million viewers across 17 television networks — blowing well past the 51 million who watched the Republican nominee take on President Joe Biden in June. Tuesday night’s 90-minute matchup in

By Ramishah Maruf, CNN New York (CNN) — Fast casual chain BurgerFi filed for Chapter 11 bankruptcy Wednesday after months of reporting financial distress. BurgerFi is another casualty of the rough business conditions hitting fast casual chains this year, which included Rubio’s, Buca di Beppo and Red Lobster also declaring bankruptcy. Even if not filing

CNN By Alicia Wallace, CNN (CNN) — Inflation continues to loosen its grip on American consumers, with price hikes slowing by the most in three and a half years, according to new data from the Bureau of Labor Statistics released Wednesday. The Consumer Price Index, a measurement of price changes for a commonly purchased basket

By David Goldman and Matt Egan, CNN (CNN) — Oil prices are near three-year lows. Gas prices are sinking below $3 in many parts of America. So why were Vice President Kamala Harris and former President Donald Trump talking so much about expanding oil production during Tuesday night’s debate? Harris, criticized for her previous stance

By Elisabeth Buchwald, CNN New York (CNN) — Wednesday’s Consumer Price Index report was the last bit of hope for investors clamoring for a half-point rate cut from the Federal Reserve when it meets next week. That hope has now all but faded, and Wall Street took it hard. But traders managed to shake off

By Brian Stelter and Kit Maher, CNN New York (CNN) — The day after Vice President Kamala Harris and former President Donald Trump’s first presidential debate, it is far from clear if Trump will agree to a rematch. Multiple TV networks are eager to host a presidential debate in October. The Harris campaign, exuding confidence after Harris baited

By Alicia Wallace, CNN (CNN) — Inflation continues to loosen its grip on American consumers, with price hikes slowing by the most in three and a half years, according to new data from the Bureau of Labor Statistics released Wednesday. The Consumer Price Index, a measurement of price changes for a commonly purchased basket of

By Matt Egan, CNN New York (CNN) — Wall Street sure is acting like Donald Trump lost the debate Tuesday night. Investors swiftly penalized Trump’s social media business following the former president’s widely panned debate performance. Other so-called Trump trades, including bitcoin and Coinbase, went into reverse Wednesday, while bonds and Asian currencies rallied. And some funds that own

By Hadas Gold, CNN New York (CNN) — ABC News moderators David Muir and Linsey Davis fact-checked Donald Trump during Tuesday night’s presidential debate, quickly correcting the record for millions watching at home after the Republican pushed falsehoods on abortion, migrants and the 2020 election. The decision to live fact-check the candidates during the high-stakes telecast

By Nathaniel Meyersohn, CNN New York (CNN) — No more soup for the Campbell’s company. The 155-year-old Campbell Soup Company plans to drop “soup” from its corporate name, rebranding as The Campbell’s Company. More consumers are reaching for snacks and ditching ready-to-serve soups, and the company has bought up other food lines to grab them. In addition to its lineup of soups, Campbell

By Nathaniel Meyersohn, CNN New York (CNN) — Starbucks has been on the decline, with shrinking sales as it moved from a traditional sit-down coffee shop into one where people place orders on their phones and grab a drink from the counter. Its new CEO has a plan to fix it all. And it starts

By Jason Seher, CNN (CNN) — It’s hard to get 42 states to agree on much. But a bipartisan group of attorneys general on Tuesday demanded that Congress require Surgeon General warning labels on social media apps to help curtail addiction and a mental health crisis among young adults. “As state Attorneys General, we sometimes

By Hadas Gold, CNN New York (CNN) — As Vice President Kamala Harris and former President Donald Trump take the stage Tuesday night in Philadelphia in their first face-to-face meeting, the spotlight will also shine on the host of the debate: ABC News. Moderators David Muir and Linsey Davis will have a much different view in front of them than when ABC News first

By Elisabeth Buchwald and Matt Egan, CNN New York (CNN) — In poll after poll, Americans have indicated the economy is their top concern as they prepare to cast votes this election. Dealing with high inflation for years will do that to you. Although inflation has cooled significantly since it peaked at a 40-year high

By Hanna Ziady, CNN London (CNN) — Apple has lost its fight to dodge a €13 billion ($14.4 billion) tax bill following a ruling by Europe’s top court Tuesday, which dealt a blow to the world’s most valuable company just a day after the iPhone maker unveiled a host of product upgrades to boost sales.

By Samantha Delouya, CNN (CNN) — During its glossy product announcement event on Tuesday, Apple unveiled a new role for its latest AirPods Pro model: medical device. The company said the wireless headphones will double as clinical-grade over-the-counter hearing aids for those who need them. “We’re adding this groundbreaking capability to help more than 1

By Jordan Valinsky, CNN New York (CNN) — Amazon is taking a page out of Aldi and Target’s playbook and launching a new line of budget-friendly food items in an attempt to attract price-conscious shoppers who are ditching name brands to save money. Amazon is rolling out a new “no-frills” private label brand called Amazon

By Juliana Liu and Joyce Jiang, CNN Hong Kong (CNN) — Huawei has unveiled what it calls the world’s first tri-fold smartphone, just hours after arch-rival Apple introduced the iPhone 16, in a carefully timed Tuesday launch that has generated significant buzz for the Chinese tech giant. The Shenzhen-based firm, which has been a flashpoint

By David Goldman, CNN (CNN) — Investors got some much-needed R&R over the weekend, apparently, because they came back to work Monday with smiles on their faces and a brighter outlook about the US economy. The Dow rose 484 points, or 1.2%, on Monday. The broader S&P 500 rose 1.2% and tech-heavy Nasdaq was also

By Jordan Valinsky, CNN New York (CNN) — DirecTV wants its customers to stick with the service during an increasingly nasty dispute with Disney that threatens to black out tonight’s “Monday Night Football” game. So DirecTV developed an unusual strategy: It’s paying customers to subscribe to a rival. DirecTV has struck deals with Sling, owned

By Brian Stelter, CNN New York (CNN) — The Washington Post is trying to fix one of its biggest problems: an outdated homepage loathed by its own staff. The facelift is a key facet of Post publisher and chief executive Will Lewis’s plan to turn around the publication’s fortunes on behalf of owner Jeff Bezos This year the Post is forecast to lose about $50

By Hanna Ziady, CNN London (CNN) — Local governments across England, Scotland and Wales face a £4.3 billion ($5.6 billion) hole in their finances in the coming year, according to a new report. That could force cuts to jobs and vital services, such as rubbish collection. In a paper Monday, Unison, the United Kingdom’s largest

By Jordan Valinsky, CNN New York (CNN) — Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy. As part of its Chapter 11 filing, the retailer announced that private equity firm Nexus Capital Management is acquiring “substantially all” of Big Lots stores and business

By Clare Duffy, Samantha Murphy Kelly and Samantha Delouya, CNN (CNN) — Apple on Monday unveiled a host of new technology, including the iPhone 16, which features some impressive updates the company hopes will convince customers – many of whom have been holding onto their older gadgets – to upgrade. Since the 2020 launch of

By Bryan Mena, CNN Washington (CNN) — Americans may be finding it a little tougher to land a job these days, but not so much in one field in which salaries are climbing fast and employers are offering robust perks. Once a source of US economic resilience, the nation’s job market is now weaker than

By Olesya Dmitracova, CNN London (CNN) — “Beetlejuice Beetlejuice,” a follow-up to Tim Burton’s 1988 classic, has landed with a bang, raking in an estimated $110 million in US ticket sales over its opening weekend, based on Comscore data. The “stellar domestic opening” is the second-highest ever for a movie in September, topped only by “It,”

By Matt Egan, CNN New York (CNN) — Former President Donald Trump’s social media company is in a deep slump that keeps getting worse, wiping out a huge chunk of his net worth. Shares of Trump Media & Technology Group (DJT) dropped last week to their lowest level since the merger that brought the owner

By Jeanne Sahadi, CNN New York (CNN) — The United States is in the midst of both hurricane and wildfire season. And US homeowners are likely keeping their fingers crossed that they and their families will be spared — not just physically, but also financially. A quarter of US homeowners (26%) said they are financially

By Brian Fung, CNN (CNN) — Google hasn’t just illegally cornered the market in search — it’s squeezed online publishers and advertisers with a “trifecta” of monopolies that have harmed virtually the entire World Wide Web, the US Department of Justice said Monday in a Virginia federal courtroom. Kicking off a high-stakes trial that could reshape

By Robert Ilich, CNN (CNN) — DirecTV filed a complaint Saturday with the Federal Communications Commission alleging Disney did not negotiate in good faith as the two sides remain at an impasse on a distribution deal. “Disney has violated the FCC’s good faith mandates by predicating any licensing agreement on DIRECTV’s waiving any legal claims

By Chris Isidore, CNN New York (CNN) — Buying this week’s groceries or paying for a full tank of gas with a credit card might contribute more to the profits of the airline industry than buying a one-way ticket. That’s because frequent flyer programs have become a crucial part of the airline industry’s profitability. And

By Chris Isidore, CNN New York (CNN) — Boeing and the Machinists union, which represents 33,000 of its employees on the West Coast, have reached a tentative deal that could avoid a strike that had been set to start this Friday. Before it will take effect, the deal would need the approval of the rank-and-file

By Bryan Mena and Elisabeth Buchwald, CNN (CNN) — It couldn’t be clearer at this point that the US labor market is cooling. Even though the unemployment rate edged lower last month to 4.2%, joblessness is still hovering near highs not seen since the fall of 2021. On top of that, employers have hired significantly

By Hadas Gold, CNN (CNN) — They’re not on any of the major television networks, but they have millions of viewers. Now, the Justice Department is alleging that some of the biggest stars in right-wing social media were, unwittingly, part of a sinister Russian operation to influence the 2024 US election. The personalities weren’t directly named or accused of wrongdoing by the Justice Department,

By Clare Duffy, CNN (CNN) — Apple excited fans with its vision for its “Apple Intelligence” artificial intelligence system earlier this year. Now, it’s time for the company to prove it really works. The company is set to introduce the first lineup of iPhones purpose-built for generative artificial intelligence (which lets users create text and

By Robert Ilich, CNN (CNN) — Car manufacturer Stellantis is recalling more than 1.2 million Ram 1500 vehicles due to a software malfunction in the anti-lock brake system (ABS), according to the National Highway Traffic Safety Administration. The vehicles being recalled include certain 2019, 2021-2024 Ram 1500 trucks, the NHTSA said Saturday in a statement. “A

By Krystal Hur, CNN New York (CNN) — Americans fed up with the shop-‘til-you-drop mentality are trying to make living with less trendy. Influencers on social media often peddle lifestyles or products to followers, urging them to buy new clothing, high-tech cleaning gadgets or the hottest new haircare product. But some people say they have

By Jeanne Sahadi, CNN (CNN) — Democratic vice presidential candidate Tim Walz’s financial disclosure form highlights one of the things that make him unusual as a modern political candidate: the relative simplicity of his financial life. Walz’s finances are straightforward and modest relative to the standards of many politicians who made their wealth in the

By Liam Reilly and Matt Egan, CNN (CNN) — Dozens of business leaders are throwing their weight behind Vice President Kamala Harris, saying she is the stronger candidate for the American economy and the future of democracy. In a three-page letter, a group of 88 business leaders — including high-profile current and former executives from major public