Money

By Chris Isidore, CNN New York (CNN) — The new labor contracts between the United Auto Workers union and General Motors, Ford and Stellantis will make a big difference in the paychecks of 145,000 autoworkers. It will raise their pay at least 11% immediately, and likely more than 30% over the life of the contract.

By Brian Fung, CNN (CNN) — In a surprise twist after Friday’s unexpected firing of OpenAI CEO Sam Altman, the artificial intelligence leader may be mulling a return. Multiple news reports, including the Wall Street Journal and New York Times, cited anonymous sources who said the board is having second thoughts about the firing and

By Chris Isidore, CNN New York (CNN) — Members of the United Auto Workers union at Ford and Stellantis have ratified their labor deals and by a larger margin of approval than members at General Motors, ending any chance that the auto strikes could resume due to rank-and-file opposition to the deals. The final votes,

By Sergio Padilla, CNN New York (CNN) — Unless you’re an avid currency collector, an employee of the Bureau of Engraving and Printing, or work at the Federal Reserve, you likely didn’t know that last year a record number of $50 bills were printed. Last year, the government printed 756,096,000 of those bills — the highest total of

By Nathaniel Meyersohn, CNN New York (CNN) — Target is testing a new self-checkout policy as retailers are finding the cashier-less technology can put off customers. At a handful of stores, Target has restricted self-checkout to customers buying 10 items or fewer. Customers buying more than that are required to use full-service lanes with cashiers.

By Elisabeth Buchwald, CNN New York (CNN) — After encountering rapid price increases for more than two years, discounts at some stores would certainly feel like a much-needed respite. But business leaders, economists and investment moguls aren’t so gung-ho about it. Tech investor Cathie Wood, founder of ARK Investment Management, told The Wall Street Journal

By Samantha Murphy Kelly, CNN (CNN) — OpenAI, the company behind the viral chatbot ChatGPT, fired its CEO and founder, Sam Altman, on Friday. His stunning departure sent shockwaves through the budding AI industry. The company, in a statement, said an internal investigation found that Altman was not always truthful with the board. “Mr. Altman’s

By Brian Fung, Clare Duffy and Samantha Delouya, CNN (CNN) — A torrent of prominent brands halted their advertising on X on Friday, dealing a massive reputational blow to Elon Musk’s social media company after his public embrace this week of an antisemitic conspiracy theory favored by White supremacists. The high-profile advertiser revolt includes some

By Catherine Thorbecke, CNN New York (CNN) — Amazon is once again doubling down on its return-to-office mandate, warning staff that not complying could impact their chances of being promoted. Employees who don’t regularly work in an office at least three days a week will find that any potential promotion will be subject to an

By Matt Egan, CNN New York (CNN) — The last time it was this cheap to travel by car for Thanksgiving, almost no one was on the roads. Just in time for the Thanksgiving holiday travel rush, gas prices are tumbling fast. The national average price of regular gasoline is down by 55 cents a

By Anna Cooban, CNN London (CNN) — Shares in Volvo Cars tumbled as much as 13% Friday to hit a record low after its biggest shareholder Geely sold part of its stake at a discount to the market value. China’s largest privately owned carmaker said it had taken the decision to sell 100 million Volvo

By Amy Woodyatt, CNN (CNN) — Sometimes when you’re working from home, you run out of time to clean up before that online meeting. But the folks at Microsoft have done their best to ensure your reputation for tidiness is safe. The tech company announced a new “decorate your room” feature for Microsoft Teams at

By Brian Fung, CNN (CNN) — A federal judge said Thursday he would not intervene in a dispute between X owner Elon Musk and the Federal Trade Commission in an ongoing agency investigation of the social media giant that has triggered intense public scrutiny. The decision means Musk may be forced to cooperate with federal

Analysis by Nathaniel Meyersohn, CNN New York (CNN) — “Shoplifting in Great Department Stores.” “The Shoplifting Profession.” “No Mercy to Shoplifters.” These headlines could be from articles today. But they’re from the early 1900s. While shoplifting has seemingly never been a bigger problem than it is now, shoplifting has long captured the public’s attention. Anxiety

By Clare Duffy, CNN New York (CNN) — Nonprofit online watchdog the Center for Countering Digital Hate on Thursday hit back at Elon Musk’s X in a motion to dismiss the social media company’s August lawsuit. X Corp., the parent company of the platform formerly known as Twitter, accused the Center for Countering Digital Hate of deliberately trying to

By Peter Valdes-Dapena, CNN (CNN) — Amazon is about to add cars and SUVs to the huge roster of things it sells online. People will be able to shop for Hyundai vehicles on Amazon through an agreement with the South Korean automaker. Your new Hyundai Santa Fe or Sonata won’t be delivered to your front

By Liam Reilly and Clare Duffy, CNN New York (CNN) — IBM on Thursday announced it had suspended advertising on Elon Musk’s X, the platform formerly known as Twitter, after an ad for the computing giant appeared alongside pro-Nazi content. “IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X

By Samantha Kelly, CNN (CNN) — The long-standing battle over the iOS’ blue and Android’s green text bubbles will soon take a more friendly turn. Apple announced on Thursday plans to adopt a messaging standard that will finally bring iMessage features to Android users, eroding what some considered an element of Apple’s walled garden. The