Break the cycle of debt: Here's how to get out of credit card debt, even during financial hardships
BestCards offers strategies to help consumers see their way through credit card debt during financial hardships.
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BestCards offers strategies to help consumers see their way through credit card debt during financial hardships.
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Benzinga spotlights cryptocurrency expert Cathie Wood’s view that a $10,000 Etherium investment today could be worth more than $540,000 by 2030.
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By Danielle Wiener-Bronner, CNN New York (CNN) — A janitorial company has been fined $649,000 after an investigation found it hired minors for dangerous jobs cleaning slaughterhouses, the United States Department of Labor said Monday. Fayette Janitorial Service had employed at least 24 children, including those as young as 13, according to the DOL investigation.
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By Gloria Pazmino, CNN New York (CNN) — A group of 13 conservative US federal judges are vowing to not hire Columbia University law students or undergraduates because of how the school has handled pro-Palestinian demonstrations on its campus in recent weeks. The judges sent a letter to Columbia President Minouche Shafik and the dean
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Panera Bread is eliminating Charged Lemonade from its menu, the caffeinated beverage that has sparked multiple lawsuits and caused a public relations nightmare for the company.
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By Brian Fung, CNN Washington (CNN) — TikTok sued Tuesday to block a US law that could force a nationwide ban of the popular app, following through on legal threats the company issued after President Joe Biden signed the legislation last month. The court challenge sets up a historic legal battle, one that will determine
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Nintendo says it plans to announce the followup to its popular Switch console by March 2025.
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Disgraced former Theranos CEO Elizabeth Holmes could be out of prison several months earlier than expected, according to the projected release date posted by the Bureau of Prisons.
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Auto body repair was a pretty straightforward business not that long ago. When metal got bent in a crash, someone needed to unbend it. It was a craft.
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Elections do have consequences. But if the past century is any guide, the long-term consequences of US presidential election years on investor portfolios, including 401(k)s, is minimal at best.
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By Samantha Murphy Kelly, CNN (CNN) — Apple is hoping its latest iPad lineup will breathe new life into its sluggish tablet market. In a pre-recorded live streamed event from its Cupertino, California headquarters, the company introduced the latest versions of its iPad Pro and iPad Air tablets, and an all-new Apple Pencil Pro. CEO
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The maker of the Swiss Army Knife is working on a new version of the classic multi-tool, which won’t have a blade.
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By Elisabeth Buchwald, CNN New York (CNN) — People watching NBA playoff games on Tuesday night will view a new ad purchased by Robert Kraft’s Foundation to Combat Antisemitism telling them, “Don’t bring hate to the protest.” “Scream until you’re red in the face. But don’t scream at the Jewish kid walking to class,” the
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By Oliver Darcy, CNN New York (CNN) — Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. In mid-April, when New York magazine sought to report on the pro-Palestinian student protests engulfing Columbia University, the features editor overseeing the storied publication’s coverage devised
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By Hanna Ziady, CNN London (CNN) — UBS has reported its first quarterly profit since buying ailing rival Credit Suisse, marking a sharp turnaround from six months of losses that immediately followed the closure of the rescue deal. Shares in the Swiss lender surged 10% in Zurich Tuesday after it posted net profit of $1.8
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By Mariya Knight, CNN Atlanta (CNN) — Vladimir Kara-Murza, a prominent Russian human rights advocate and Kremlin critic, has won the Pulitzer Prize for commentary written from his prison cell. Kara-Murza is serving a 25-year jail term for publicly criticizing Moscow’s war in Ukraine. The sentence had been widely condemned by the international community as draconian
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By Gregory Wallace, CNN (CNN) — Investigators are probing whether Boeing employees failed to perform some quality inspections on its 787 jets, the Federal Aviation Administration said Monday. The investigation is to determine whether the inspections were conducted and “whether company employees may have falsified aircraft records,” the FAA said. While the investigation takes place, Boeing employees
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By Nicole Goodkind, CNN New York (CNN) — Warren Buffett is worried about artificial intelligence. At his annual shareholder meeting in Omaha, Nebraska, the 93 year-old co-founder, chairman and CEO of Berkshire Hathaway issued a stark warning about the potential dangers of the technology. “We let a genie out of the bottle when we developed
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Experian explores the characteristics of U.S. consumers with exceptional credit scores of 800 and higher.
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Magnifi explains eight investment assets and shares historical market data to get you started investing.
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It’s a moment many shoppers grapple with at some point during a grocery run: Why does a carton of brown eggs cost more than a carton of white eggs?
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Retailers are feeling jittery. Consumers aren’t shopping like they used to. In a game of chicken between stores and shoppers, it’s the stores that appear to be yielding first, by dropping prices on thousands of products.
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By Jordan Valinsky, CNN New York (CNN) — Former Starbucks CEO Howard Schultz might have left the coffee giant several months ago, but he’s still offering critiques of the company he ran for about 25 years over three stints. Following the release of Starbucks’ dismal earnings, Schultz wrote on his LinkedIn account that he was
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By Matt Egan, CNN New York (CNN) — Truth Social owner Trump Media & Technology Group announced Monday it fired BF Borgers after US regulators accused the accounting firm of “massive fraud.” The decision to fire BF Borgers was expected and required by regulators. The accounting firm did not respond to a request for comment.
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By Samantha Murphy Kelly, CNN (CNN) — When Ana Schultz, a 25-year-old from Rock Falls, Illinois, misses her husband Kyle, who passed away in February 2023, she asks him for cooking advice. She loads up Snapchat My AI, the social media platform’s artificial intelligence chatbot, and messages Kyle the ingredients she has left in the
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By Laura He, CNN Hong Kong (CNN) — China has reported a surge in tourism during the just concluded Labor Day holiday, but travelers cut back on their spending, in a sign that consumption in world’s second largest economy remains sluggish. Tourists made a total of 295 million trips within mainland China during the five-day-long
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By Oliver Darcy, CNN New York (CNN) — Kim Godwin, the embattled president of ABC News, abruptly announced Sunday evening that she will exit the network, capping a tumultuous three-year run at the outlet after staffers said her polarizing leadership led to plummeting employee morale. “I have decided to retire from broadcast journalism,” Godwin told
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By Ramishah Maruf, CNN New York (CNN) — After several days of protests, pro-Palestinian encampments on the campuses of Ivy League schools Columbia and Brown came down last week. But while the apparent end of Columbia’s pro-Palestinian encampments was marred by a takeover of a building, a mass arrest, and a widespread condemnation of the
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By Samantha Delouya, CNN (CNN) — Elevated interest rates and pricier listings have made it even harder to afford a new home. But there is an often-overlooked expense when buying a home: closing costs. These costs, which are the fees owed on the day you finalize the purchase of a home, have risen in recent
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The mix of local residents visiting the Enfield Food Shelf in Connecticut has changed a lot in the last few years.
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By Tami Luhby, CNN (CNN) — The mix of local residents visiting the Enfield Food Shelf in Connecticut has changed a lot in the last few years. Prior to the Covid-19 pandemic, many were elderly or disabled people on fixed incomes, said Kathleen Souvigney, the food pantry’s executive director for the past decade. But now,
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By Nicole Goodkind and Eva Rothenberg, CNN New York (CNN) — Welcome to “Woodstock for capitalists.” Tens of thousands of Berkshire Hathaway shareholders and Warren Buffett fans flocked to Nebraska this weekend to consume Berkshire (BRKB)-owned See’s Candies and Dairy Queen Dilly Bars, compete in newspaper-throwing contests and, perhaps most important, to see the Oracle
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Experian explains ways student loan debt can impact a credit profile and other ways to build credit as a college student.
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Xactly analyzed how the racial wage gap between white, Black, and Hispanic/Latino workers has changed since 2000 using Bureau of Labor Statistics data.
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CNN By Nicole Goodkind, CNN New York (CNN) — US stocks soared Friday after new data showed that US job growth slowed considerably last month. After surging by more than 500 points after the opening bell, the blue-chip Dow closed 450 points higher, or 1.2%; the S&P 500 rose 1.3% and the tech-heavy Nasdaq gained
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Few companies have lost more than the $32 billion that Boeing has lost in the last five years. And fewer companies could lose that kind of money and not be facing bankruptcy — or worse.
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By Nicole Goodkind, CNN New York (CNN) — US stocks soared Friday after new data showed that US job growth slowed considerably last month. After surging by more than 500 points after the opening bell, the blue-chip Dow closed 450 points higher, or 1.2%; the S&P 500 rose 1.3% and the tech-heavy Nasdaq gained 2%.
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Rue21, a mall staple for teen apparel, is going out of business and closing all 540 of its stores within the coming weeks.
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By Alicia Wallace, CNN (CNN) — US job growth slowed considerably last month, with just 175,000 positions added in April, according to Bureau of Labor Statistics data released Friday. The slower-than-expected gains — April’s tally is the lowest since October of last year — come as the Federal Reserve has sought to cool demand to
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In 2003, Red Lobster ran an “Endless Crab” promotion. The all-you-can-eat deal backfired spectacularly.
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By Brian Fung, CNN (CNN) — Whenever you type a search into Apple’s Safari browser — say, on an iPhone — chances are it’s Google that returns the results. You can tell Safari to pick another search engine, but in practice most people tend to stick with Google by default. You might know that Google
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By Matt Egan, CNN New York (CNN) — BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission on Friday with widespread fraud and accused of operating a “sham audit mill.” The SEC made no allegation of wrongdoing against Truth Social owner Trump Media (DJT), which is
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By Anna Cooban, CNN London (CNN) — The Italian company that helped rebuild a bridge that collapsed in Genoa in 2018 says it is ready to do the same in Baltimore. WeBuild Group said in a press release Friday that it had sent a preliminary design and plans to US officials for the reconstruction of
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By Hande Atay Alam and Olesya Dmitracova, CNN (CNN) — Turkey has halted all import and export transactions with Israel in protest over the war in Gaza. “All import and export transactions related to Israel, including all products, have been stopped,” Turkey’s trade ministry said in a statement Thursday. “Turkey will strictly and decisively implement
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By Matt Egan, CNN New York (CNN) — Former President Donald Trump hit the jackpot this spring when his social media company finally went public. Even though Trump Media & Technology Group (DJT) generates very little revenue, investors are assigning an eye-popping valuation north of $9 billion to the company. Trump’s dominant stake in Trump
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By Samantha Delouya, CNN (CNN) — More than 16,000 pounds of raw ground beef products were recalled by the US Department of Agriculture on Wednesday on concerns the meat may be contaminated with E. coli. The meat items, produced by Cargill Meat Solutions, were sold at Walmart retail locations across the United States. According to
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The Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of wealthy taxpayers and large corporations, using funds provided by the Democrat-backed Inflation Reduction Act that passed in 2022.
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The state of Maryland is about to get an insurance payment of $350 million related to the collapse of the Francis Scott Key Bridge in late March, according to the broker handling its policy on the structure.
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By Matt Egan, CNN New York (CNN) — Scott Sheffield, founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies to inflate prices, federal regulators alleged on Thursday. The Federal Trade Commission said Sheffield, then CEO of Pioneer Natural Resources, exchanged hundreds of text messages discussing pricing, production and
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By Jordan Valinsky, CNN New York (CNN) — Peloton CEO Barry McCarthy is leaving his role, and the company is cutting about 15% of its workforce as numerous attempts to regain its pandemic-era glory have failed. McCarthy, who was named CEO just two years ago, will become a strategic advisor through the end of the
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By Alicia Wallace, CNN (CNN) — The US job market has been on a roll for the past three years. Some economists even say “it’s as good as it’s ever been.” That storyline isn’t expected to change Friday when April’s jobs report lands at 8:30 am ET — but it’s possible there might be a
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By Samantha Murphy Kelly, CNN (CNN) — Apple on Thursday posted first-quarter revenue of $90.8 billion, down 4% year over year, as the iPhone maker continues to struggle with growth challenges, particularly in China, amid an uncertain economic environment. The company also announced a $110 billion share buyback – the largest in the company’s history
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By Hanna Ziady, CNN London (CNN) — Ariana Grande, Adele and Rihanna will soon be back on TikTok, joining Taylor Swift after a deal with Universal Music Group ended a feud that saw one of the world’s biggest record labels pull its music from the video platform. The licensing agreement, announced Wednesday, means that within
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By Hadas Gold, CNN (CNN) — Journalists tasked with covering violent unrest on college campuses across the US have been arrested and barred access as police moved in to crack down on pro-Palestinian protesters who have set up encampments and barricaded themselves inside buildings. The confrontations with journalists come as student-run news outlets and traditional
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By Samantha Murphy Kelly, CNN (CNN) — Earlier this year, an 18-year-old high school senior from New York City had planned to enroll at Columbia University’s sister school Barnard College in Manhattan as an early decision student. But after her parents saw heightened tensions over the Israel-Gaza conflict surface across some US campuses, including at
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By Jeanne Sahadi, CNN New York (CNN) — If you’re carrying a lot of high-interest debt, the fact that the Federal Reserve once again did not cut interest rates at its Wednesday meeting may be disappointing, if not surprising. But the Fed’s unwillingness to lower rates until it sees more consistent progress in inflation data
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Benzinga looks at why one investment expert currently does not recommend investing in Bitcoin for the average long-term portfolio.
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Money helps shed light on which is a better investment: gold or stocks.
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By Clare Duffy, CNN New York (CNN) — Dozens of former Google workers filed a complaint with the US National Labor Relations Board on Tuesday after they were fired or placed on administrative leave last month for protesting the company’s cloud-computing contract with Israel’s government. The complaint accuses Google of retaliating against the workers for
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When pondering what’s really happening with the auto industry’s shift to electric vehicles, it’s important to remember that two things – two very different things – can be true at the same time.
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Americans are being asked to tip on digital screens for everything from a cup of coffee to self-checkout at grocery stores, and many are frustrated with the new tipping culture.
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Johnson & Johnson is moving forward with a $6.475 billion proposed settlement of tens of thousands of lawsuits alleging that its baby powder and other talc products contain asbestos and cause ovarian cancer, the company said Wednesday in a statement.
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Watch out “Connections,” LinkedIn says it’s adding a variety of games aimed at making actual connections.
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You can already bet real money on basketball, baseball, and football – so why not Skee-Ball, Hot Shots basketball or Dance Dance Revolution?
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CNN By Chris Isidore, CNN New York (CNN) — From New York to Los Angeles, college campus protests against the war in Gaza turned violent Tuesday night and into Wednesday morning as police sought to clear campuses of protesters in many locations, leading to mass arrests. Protesters opposed to Israel’s actions in the war in
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By Chris Isidore, CNN New York (CNN) — From New York to Los Angeles, college campus protests against the war in Gaza turned violent Tuesday night and into Wednesday morning as police sought to clear campuses of protesters in many locations, leading to mass arrests. Protesters opposed to Israel’s actions in the war in Gaza
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By Jordan Valinsky, CNN New York (CNN) — Starbucks is brewing a turnaround plan that involves speedier service and expanding the number of promotions after its most recent quarter was “disappointing,” in the words of its own chief executive. Shares fell more than 12% in premarket trading Wednesday after the coffee giant reported a decline
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By Hanna Ziady and Peter Valdes-Dapena, CNN London/New York (CNN) — Tesla has abruptly fired the team running its electric vehicle charging business, raising doubts about the future of one of the largest US charging networks, which other carmakers, such as General Motors and Ford, have said they will also use. In social media posts
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By Bryan Mena, CNN Washington (CNN) — The Federal Reserve said Wednesday it is holding interest rates at their current levels, as hotter-than-expected inflation data continues to push back the timing of the first rate cut. Fed officials have kept their benchmark lending rate at a 23-year high since July, after aggressively raising rates starting two years ago. Officials have said they need to
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By Oliver Darcy, CNN New York (CNN) — Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. David Zaslav famously said in 2022 that Warner Bros. Discovery doesn’t “have to have the NBA.” It appears Wall Street disagrees. WBD’s already rock-bottom stock price plummeted nearly 10%
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By Brian Fung, CNN Washington (CNN) — Tucked beside the St. Lawrence River in northern New York and straddling the US-Canadian border, the Akwesasne Mohawk Nation has nurtured generations of indigenous artisans. Kelly Back, a member of the Akwesasne Mohawk, handcrafts traditional beaded belts, hat bands, purses and sashes that many of the roughly 13,000
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By Chris Lau and Hassan Tayir, CNN Hong Kong (CNN) — Like hundreds of millions of workers in China, Hao Zeyu, an algorithm engineer at an electric vehicle maker, is getting five days off this week for the Labor Day holiday. But he’s in no mood to party. In order to take the vacation, Hao
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Spring has undeniably been the best time to put your home on the market.
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By Matt Egan, CNN (CNN) — Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social. Trump Media & Technology Group disclosed the windfall for Trump in a filing Tuesday, saying the former president has received another 36 million shares in the company. That bonus, known as “earnout” shares, was
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Stocks slipped Tuesday after fresh data raised concerns that inflation will remain sticky.
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By Allison Morrow, CNN New York (CNN) — Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange, was sentenced on Tuesday to four months in prison after pleading guilty last year to charges that he failed to maintain an effective anti-money laundering program. The sentence, handed down in a US federal court in Seattle,
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CNN By Alicia Wallace, Katherine Dillinger, Kevin Liptak, Jeff Zeleny and Kayla Tausche, CNN (CNN) — The Biden administration moved Tuesday to reclassify marijuana as a lower-risk substance, a person familiar with the plans told CNN, a historic move that acknowledges the medical benefits of the long-criminalized drug and carries broad implications for cannabis-related research
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By Peter Valdes-Dapena, CNN (CNN) — Researchers are pointing to a dangerous element of the booming e-commerce home delivery business in America: vans. About half a million light vans are sold in the United States every year, with many of those going to companies like Amazon and FedEx. Used to deliver packages to people’s front
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By Alicia Wallace, Katherine Dillinger, Kevin Liptak, Jeff Zeleny and Kayla Tausche, CNN (CNN) — The Biden administration moved Tuesday to reclassify marijuana as a lower-risk substance, a person familiar with the plans told CNN, a historic move that acknowledges the medical benefits of the long-criminalized drug and carries broad implications for cannabis-related research and
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By Kaila Nichols, CNN (CNN) — An Oregon man who says he’s been battling cancer for eight years and received chemotherapy just last week is among three winners of this month’s $1.3 billion Powerball jackpot. Cheng “Charlie” Saephan said he is sharing the prize with his wife, Duanpen Saephan, and friend Laiza Chao. The trio chose the
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Israel and Iran have been in open conflict. Ukrainian drones have repeatedly attacked Russian oil refineries. And OPEC continues to hold back oil supply.
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Walmart, the largest retailer in the United States, will close all 51 of its health care centers in six states and end virtual health care services, the company said Tuesday.
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Adidas’ Samba and Gazelle sneakers might look like they’re from another decade, but they’re the hottest shoes on sale right now.
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It wasn’t just inflation starting off 2024 hot, paychecks did as well.
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US home-price growth accelerated in February at the fastest annual pace since November 2022, a sign that America’s housing market remains tough amid elevated mortgage rates.
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Volkswagen’s orders for electric vehicles shot up in Europe in the first quarter of 2024 compared with a year ago, countering suggestions that drivers may be losing interest in EVs.
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Ten years after creating a new model for dating apps with its “women make the first move” feature, Bumble is opening the door to men starting conversations on its platform.
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By Samantha Delouya, CNN (CNN) — College campuses across the country have been thrown into disarray by pro-Palestinian demonstrations this month. While the demands among protesters vary at each university, nearly all the demonstrations have called for universities to divest from Israel in some form. But divesting may not be so simple for many academic
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By Peter Valdes-Dapena, CNN (CNN) — The National Highway Traffic Safety Administration (NHTSA) is formally investigating Ford’s Blue Cruise hands-free driving system following two fatal crashes. Blue Cruise was first introduced in the 2021 model year and is now available in several models from Ford and Lincoln, the carmaker’s luxury vehicle brand. The investigation specifically
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By Amy Gunia and Sania Farooqui, CNN Hong Kong/New Delhi (CNN) — Indian weddings are notoriously elaborate affairs, requiring a multitude of outfit changes for multiple days of festivities. It used to be normal for a family visiting Brij Kishore Agarwal’s sari shop, near the narrow lanes of Chandni Chowk market in India’s Old Delhi, to depart
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By Peter Valdes-Dapena, CNN (CNN) — With distracted driving and pedestrian fatalities on the rise, auto industry regulators believe technology can prevent hundreds of deaths and thousands of injuries each year. New rules from the National Highway Traffic Safety Administration will require improved automating braking systems on new cars sold in the United States by
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By Oliver Darcy, CNN New York (CNN) — Paramount Global on Monday parted ways with its chief executive, Bob Bakish, in a seismic move that sent reverberations through the media conglomerate as it actively engages in acquisition talks with Skydance Media. In place of Bakish, who led the company since controlling shareholder Shari Redstone reunited
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By Nathaniel Meyersohn, CNN New York (CNN) — GNC, the vitamin and dietary supplement chain, has been struggling for years. The brand hopes a new strategy tailored to people taking GLP-1 drugs for weight loss will help draw customers into stores and grow its business. GNC announced Monday that it was adding a dedicated section
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By Marshall Cohen, CNN (CNN) — The far-right cable network One America News retracted a story and apologized Monday after it falsely claimed former President Donald Trump’s ex lawyer Michael Cohen was the one who had an affair with adult film star Stormy Daniels and secretly used it to “extort” the Trump Organization. Cohen and
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By Brian Fung, CNN Washington (CNN) — The US government has issued millions of dollars in fines to AT&T, Sprint, T-Mobile and Verizon after an investigation found the nation’s top wireless carriers had illegally shared customers’ personal data without their consent. The fines stem from allegations in 2020 by the Federal Communications Commission that for years, the companies had improperly shared users’ geolocation
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Ramp reports on tracking business expenses, a factor that can help businesses make smart financial decisions.
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Experian data shows that total US personal debt increased by almost 10% even as demand for personal loans steadied in 2023.
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Looking for a bite at your local mall?
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Apple’s iPad will face heightened regulation in the European Union after officials labeled its operating system Monday as a key gatekeeper technology under EU competition law.
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CNN By Brian Fung and Jason Carroll, CNN (CNN) — For Cindy Westman, the internet is a literal lifeline. She depends on internet access to care for her 12-year-old daughter — who has cerebral palsy and autism — by messaging doctors, accessing test results and scheduling critical medical appointments virtually. But it’s not easy to stay connected in
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