Money

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

By Tami Luhby, CNN (CNN) — Former President Donald Trump plans to ban mortgages for undocumented immigrants, he said in a speech at the Economic Club of New York on Thursday. Trump claimed the measure would help address housing affordability because a “flood” of people entering the country illegally are pushing up housing costs, but

By Chris Isidore, CNN New York (CNN) — US Steel is threatening to shutter a number of mills if the Biden administration blocks its sale to would-be Japanese buyer Nippon Steel. But another rival, Cleveland Cliffs, is offering to buy those mills from US Steel if President Joe Biden stops the deal. This week US

By Jordan Valinsky, CNN New York (CNN) — Selena Gomez can now add becoming a billionaire to her long list of achievements. The 32-year-old actress, singer, investor and entrepreneur just achieved the financial milestone thus making her one of the youngest self-made billionaires in the United States, according to Bloomberg, which values her net worth

By Jordan Valinsky, CNN New York (CNN) — The highly anticipated all-American matchup between Taylor Fritz and Frances Tiafoe — marking the first US Open semifinals between two US men in nearly 20 years — will cost you quite a few Honey Deuces to attend. Prices have surged 60% since Tuesday, when the pairing was

By Lianne Kolirin, CNN London (CNN) — PricewaterhouseCoopers (PwC) will start tracking where its employees in the United Kingdom work, in a bid to dial back its current work-from-home culture. Staff at the UK arm of PwC, one of the world’s “Big Four” accounting firms, were this week informed by management that the new policy

By Matt Egan, CNN New York (CNN) — The oil market is in another tailspin. Producer group OPEC+ is scrambling to stop the bleeding. And gas prices are falling fast, with more to come. All of this is music to the ears of drivers. US gas prices fell to a fresh six-month low of $3.31

By Alicia Wallace, CNN (CNN) — All eyes were on the US labor market, and the latest check-up shows its diagnosis was not as bleak as some feared: Job growth returned to solid form in August, and unemployment trended back down after a concerning jump. Employers added an estimated 142,000 jobs last month, marking stronger

By Juliana Liu, CNN Hong Kong (CNN) — The operator of 7-Eleven has rejected an opening offer from the owner of convenience store rival Circle K, indicating the bid was too low and that its global business was worth more. In a statement Friday, Tokyo-based Seven & I Holdings, which owns 7-Eleven, said it was

By Ramishah Maruf, CNN New York (CNN) — Telegram CEO Pavel Durov returned to the messaging platform Thursday, saying in a lengthy post that he was surprised to have been arrested and interviewed by French authorities less than two weeks ago in an investigation that has sparked debate about free speech and criminal activity online.

By Brian Stelter, CNN New York (CNN) — The Biden administration is denouncing Tucker Carlson after the far-right personality hosted a guest on his show this week who suggested the Holocaust happened by accident, calling the interview “a disgusting and sadistic insult to all Americans.” During Carlson’s two-hour sit-down with Darryl Cooper, a podcaster whom

By Liam Reilly and Brian Stelter, CNN New York (CNN) — A.G. Sulzberger, the New York Times publisher, sounded the alarm Thursday on the “quiet war” against press freedoms unleashed by authoritarians around the world and said Americans should understand the anti-media “playbook” that Donald Trump might employ in a second term. In an op-ed

By Krystal Hur, CNN New York (CNN) — The Organization of the Petroleum Exporting Countries and its allies — the coalition of the world’s top oil producers known as OPEC+ — said Thursday that it is extending oil production cuts once again as crude and fuel prices continue to slump. The countries making up the