CNN – Business/Consumer

By Jon Passantino and Liam Reilly, CNN (CNN) — The Washington Post owner Jeff Bezos, in his first public comments since igniting uproar last week over his decision to withhold the venerable newspaper’s endorsement in the presidential race, defended the move in a rare op-ed published Monday evening by the Post. “Presidential endorsements do nothing

By John Towfighi, CNN (CNN) — Apple Intelligence launched on Monday, but the rollout is just a glimpse of how Apple hopes to transform its products with artificial intelligence. The tech giant unveiled initial features of Apple Intelligence — its suite of AI tools — on select devices with its latest software update for iPhones,

By Elisabeth Buchwald, CNN New York (CNN) — So long to all that “free” money. Customers who allegedly withdrew money fraudulently from Chase Bank ATMs using an illegal scheme that blew up on TikTok over the summer could soon have to cut hefty checks back to the bank. These people were able to withdraw funds

By Hadas Gold, CNN New York (CNN) — The ripple effect of Jeff Bezos’s decision to block The Washington Post from endorsing a presidential candidate continues to reverberate through the newspaper, as a tidal wave of readers cancel their subscriptions and nearly one-third of the Post’s editorial board step down in protest. The resignations came

By Pete Muntean, CNN (CNN) — Airlines in the United States are now required to give passengers cash refunds if their flight is significantly delayed or canceled, even if that person does not explicitly ask for a refund. The Department of Transportation says the final federal rule requiring that airlines dole out refunds — not

By Liam Reilly, CNN New York (CNN) — Jon Stewart is extending his time in the hosting chair at “The Daily Show” through December 2025. In addition to hosting the Comedy Central show on Monday nights, the veteran comedian will also remain executive producer of the program for the rest of the week as it rotates its other comedians in the hosting chair, the Paramount-owned network announced Monday. The

By Jordan Valinsky, CNN New York (CNN) — A broken McDonald’s McFlurry machine, arguably one of life’s greatest nuisances, has finally been solved thanks to a court ruling. McDonald’s franchises haven’t been able to fix the soft serve ice cream machines on their own because manufacturing company Taylor owns the copyright and exclusive rights to

By Hanna Ziady, CNN London (CNN) — Volkswagen plans to close “at least” three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday. The domestic factory closures would be the first in Volkswagen’s 87-year history, and they lay bare the challenges

By Brian Stelter, CNN New York (CNN) — Some of the most powerful people in this year’s election cycle are the clippers. Yes, the video-clippers. They watch campaign events and cable newscasts for hours on end, looking for the standout moments — those worth clipping and sharing with millions of people via social media. The campaigns for Vice President Kamala

By Jordan Valinsky, CNN New York (CNN) — Rao’s Homemade, the fast-growing sauce brand that originated in its namesake Harlem restaurant, is perhaps getting its biggest national exposure to date: a float in the Macy’s Thanksgiving Day Parade. The Campbell’s Company, which bought the premium sauce brand as part of a $2.7 billion deal last

By Jordan Valinsky, CNN New York (CNN) — Nearly 50 locations of TGI Fridays abruptly closed within the past week, an ominous sign for the chain as a reported bankruptcy looms. According to TGI Fridays’ store locator, the chain has 164 restaurants remaining as of Monday — a sharp decline from the 213 that were

By Jordan Valinsky, CNN New York (CNN) — Target is lowering the price of its Thanksgiving meal bundle, adding to the roughly 8,000 products that have been discounted as it attempts to attract inflation-weary shoppers during the holiday season. Priced at $20, a $5 decrease from 2023, the Thanksgiving meal feeds four people and includes

By Matt Egan, CNN New York (CNN) — Trump Media & Technology Group is losing money, generating very little revenue and its main product Truth Social remains a relatively small player in social media. Yet Wall Street is valuing former President Donald Trump’s social media company at $9 billion, a price tag that has more than tripled

By Samantha Delouya, CNN (CNN) — It’s been more than six years since Irvine, California, banned short-term rentals ­— and the city’s mayor hasn’t looked back. “It’s been great,” said Farrah Khan, mayor of Irvine, which is a city of about 300,000 in California’s Orange County. “In speaking to our residents, I think they appreciated

By Maria Sole Campinoti, CNN (CNN) — When a North Carolina man headed to a convenience store on Tuesday, he had no idea luck was on his side. Jerry Hicks, a master carpenter from Banner Elk, found a $20 bill in the parking lot of the store, he said in a news release. He spent

By Elisabeth Buchwald, CNN (CNN) — When considering who is living paycheck to paycheck, households with an income of six-figures or more likely aren’t the first to come to mind. But, as it turns out, about a fifth of US households that earn more than $150,000 a year are in that situation. That’s according to

By Erika Tulfo, CNN (CNN) — Not all that glitters is gold, but the value of the precious metal has been surging this year. Gold prices have broken record after record, rising more than 30% in 2024 while hitting an all-time high of $2,748.23 this week. The Federal Reserve’s recent dramatic half-point interest rate cut,

By Liam Reilly, CNN New York (CNN) — The daughter of Los Angeles Times owner Patrick Soon-Shiong suggested on Saturday that herfather’s decision to block the newspaper’s endorsement of Vice President Kamala Harris was made over Harris’ support for Israel’s war in Gaza. Nika Soon-Shiong, a 31-year-old activist who has no official role at the newspaper but has previously been accused of meddling in its coverage, told The New York

CNN By Hadas Gold, CNN New York (CNN) — One day after The Washington Post announced it would not endorse a presidential candidate in this year’s election or in the future, its billionaire owner remains silent as the newspaper’s staff are in turmoil. Jeff Bezos has so far declined to comment on the situation, even

By Nicole Goodkind, CNN New York (CNN) — Silicon Valley’s biggest names are about to reveal if their massive artificial intelligence investments are paying off or just burning cash. And the timing couldn’t be spookier. In what some analysts are calling the “show me the money” quarter, most of the major US tech titans will