Money

By Matt Egan, CNN New York (CNN) — Supermarket prices are no longer skyrocketing – except, of course, if you’re buying eggs. Egg prices spiked by 28.1% in August from 12 months ago, easily the biggest increase out of any food item tracked by the Bureau of Labor Statistics. The sticker shock in the egg

By Pete Muntean, CNN Washington (CNN) — Boeing factory workers felt pressured to prioritize production speed over quality and said they did not receive enough training to properly perform their jobs, according to the results of a special investigation by the Federal Aviation Administration (FAA) published Wednesday. The never-before-disclosed results of a six-week-long FAA special

By Juliana Liu, CNN Hong Kong (CNN) — Beijing says it’s investigating fashion retailer PVH Corp, the owner of Calvin Klein and Tommy Hilfiger, for refusing to source cotton from the Xinjiang region, in a move that could lead to sanctions on an American company with major business interests in China. Tuesday’s announcement from the Commerce

By Jon Passantino and Liam Reilly, CNN (CNN) — The FBI on Monday reported that violent crime dropped across the US last year, registering the steepest annual decline in murders in decades. But the report was almost entirely ignored by right-wing media outlets, which have pushed a false narrative that crime is surging under President

By Hannah Rabinowitz, CNN New York (CNN) — The US Justice Department filed a lawsuit Tuesday accusing Visa of illegally monopolizing the debit card market. For more than a decade, the department alleges, Visa has abused its dominant positionin the debit card market to force businesses to use Visa’s network instead of competitors’, and to stop new alternatives from entering the market. “We allege that

By Bryan Mena, CNN Washington (CNN) — America’s slowing job market is taking a toll on people’s moods. The Conference Board’s latest consumer survey showed that Americans became much more pessimistic about the US economy’s current health and the future of the job market. The monthly survey’s Consumer Confidence Index fell to a reading of

By Chris Isidore and Pete Muntean, CNN New York (CNN) — Boeing still has to make “significant changes” to improve the quality and safety of its airplanes, according to the head of the Federal Aviation Administration. In a congressional hearing on the FAA’s oversight of Boeing set for Tuesday morning, agency Administrator Michael Whitaker told

By Olesya Dmitracova, CNN London (CNN) — TikTok has removed accounts associated with two Russian media groups for trying to exercise what it called “covert influence” on the upcoming US presidential election, in violation of its guidelines. The accounts are linked to Rossiya Segodnya and TV-Novosti, the organizations behind the Sputnik news agency and the

By Jordan Valinsky, CNN New York (CNN) — Coca-Cola is discontinuing the production of its new Spiced flavor just six months after the soda hit shelves, marking the end of a disappointing attempt to attract younger drinkers. The company said in a statement that Coca-Cola is “always looking at what our customers like and adjusting”

By Elisabeth Buchwald, CNN New York (CNN) — It’s easy to see why many Americans would welcome former President Donald Trump’s proposal to cap credit card interest rates at less than half their current level — even if only temporarily. At $1.14 trillion, Americans’ credit card debt is at a record high, according to data

By Matt Egan, CNN New York (CNN) — More than 400 economists and former high-ranking US policymakers are endorsing Vice President Kamala Harris and her vision for the American economy, according to a document announcing the endorsement seen by CNN. The mass endorsement lands as Harris tries to erode former President Donald Trump’s lead on

By Julia Vargas Jones (CNN) — After a blackout of more than three weeks, X appears ready to comply with court orders in Brazil to restore access to its 21 million users in the country and end a protracted fight between billionaire CEO Elon Musk and the country’s highest court. Lawyers for X informed Brazil’s

By Clare Duffy, CNN New York (CNN) — Messaging platform Telegram is making some new concessions around safety and user privacy after the arrest of its founder and CEO Pavel Durov in France last month. Durov was arrested and interviewed by French prosecutors over suspected criminal activity on the platform, including gang transactions and trafficking,

By Sean Lyngaas, CNN (CNN) — A Pennsylvania health care system this month agreed to pay $65 million to victims of a February 2023 ransomware attack after hackers posted nude photos of cancer patients online, according to the victims’ lawyers. It’s the largest settlement of its kind in terms of per-patient compensation for victims of

By Ramishah Maruf, CNN New York (CNN) — In 2017, adult party game Cards Against Humanity bought land on the US-Mexico border to meddle with former President Donald Trump’s border wall. Now it’s suing over that land after another controversial billionaire has allegedly moved in without permission. Chicago-based Cards Against Humanity LLC, the publisher of

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — Boeing announced Monday that it raised its offer to the International Association of Machinists (IAM) union as the strike against the company enters its 11th day. The new offer would give members a 30% raise over the four-year life of the contract, including an

By Chris Isidore, CNN New York (CNN) — Kmart, once one of America’s leading discount retailers, is closing its last full-size store in the mainland United States. The store, in Bridgehampton, New York, on Long Island, is due to close October 20, according to an employee who answered the phone at the store Monday morning

By Sean Lyngaas and Kyle Feldscher, CNN (CNN) — The US Commerce Department on Monday will propose a ban on the sale or import of smart vehicles that use specific Chinese or Russian technology because of national security concerns, according to US officials. A US government investigation that began in February found a range of national security