Money

By Matt Egan, CNN New York (CNN) — Even as unemployment remains historically low and recession fears fade, consumer credit scores are starting to buckle. The national average FICO score dipped to 717 as of October, down from 718 in July, according to data released Wednesday by FICO, an analytics company that evaluates the strength

Analysis by Hanna Ziady, CNN London (CNN) — The first fatal attack on a commercial vessel in the Red Sea since Iran-backed Houthi rebels began targeting ships late last year has laid bare the enormous challenge of restoring safe passage along one of the world’s most important trade routes. At least three crew members were

By Nathaniel Meyersohn, CNN New York (CNN) — Costco locked in $1.50 hot dog-soda loyalists. Now, it’s chasing a different clientele: precious metal investors and collectors. Costco recently started selling silver coins for the first time, finance chief Richard Galanti told CNN. The company is selling 25-count tubes of 1 oz. Canada Maple Leaf Silver

By Pete Muntean and Gregory Wallace, CNN (CNN) — Boeing is now party to a new federal investigation involving a 737 Max after United Airlines pilots reported that part of the flight controls became jammed as they landed in Newark last month. In a newly-released preliminary report of the February 6 incident, the National Transportation

By Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates ticked down slightly this week, a tiny boon to buyers eager to make a move with newly listed homes coming to market. The 30-year fixed-rate mortgage averaged 6.88% in the week ending March 7, down from 6.94% the previous week, according to data from Freddie

By Jordan Valinsky, CNN New York (CNN) — While a mega merger between two of America’s largest grocery chains is snarled in regulatory red tape, a smaller European rival is eyeing a major expansion in the US. Aldi said Thursday that it plans to open 800 new stores nationwide in a $9 billion expansion plan,

By Brian Fung, CNN Washington (CNN) — A powerful House committee advanced a bill on Thursday that could lead to a nationwide ban against TikTok on all electronic devices, renewing lawmakers’ challenge to one of the world’s most popular social media apps and highlighting unresolved fears that TikTok may pose a Chinese government spying risk.

By Anna Cooban and Nadine Schmidt, CNN London/Berlin (CNN) — Germany’s biggest airline has warned that ongoing strikes by thousands of its ground staff and airport workers could hurt its earnings this quarter, after walkouts earlier this year already cost the company more than $100 million. Lufthansa Group, which owns German flag carrier Lufthansa and

By Elisabeth Buchwald, CNN New York (CNN) — Customers of New York Community Bank (NYCB) pulled $6 billion worth of deposits between February 5 and March 5, leaving the bank’s deposit base 7% lower, at $77 billion. However, the pattern is not indicative of a bank run, which these days can drain a lender of funds

By Alicia Wallace, CNN New York (CNN) — Don’t be surprised if Friday’s jobs report shows that February’s employment gains were far below those reported for January. Economists expect that US employers added 200,000 jobs last month, according to FactSet estimates. Such a tally pales in comparison to January’s whopping 353,000 job gains. But February’s

By Melissa Alonso and Amanda Jackson, CNN Atlanta (CNN) — Self-checkout annoys many grocery shoppers and causes problems that are prompting numerous major retailers to pull back on using it. But that’s not stopping the Transportation Security Administration from testing a self-service screening system at Harry Reid International Airport in Las Vegas later this month.

By Laura He, CNN Hong Kong (CNN) — China registered a surprise jump in foreign trade at the start of the year, partly because of strong demand from Russia, India and emerging markets in Africa and Latin America. Exports from the world’s second largest economy rose by 7.1% in the January-to-February period, beating the 1.9%

By Brian Fung, CNN Washington (CNN) — Europeans using Apple, Google and other major tech platforms woke to a new reality Thursday as a landmark law imposed tough new competition rules on the companies — changing European Union citizens’ experience with phones, apps, browsers and more. The new EU regulations force sweeping changes on some

By Veronica Miracle and Jeffrey Kopp, CNN San Francisco (CNN) — For the first time in ten years, California voters could get the opportunity to change a controversial law aimed at criminal justice reform. A new proposal, called The Homelessness, Drug Addiction and Theft Reduction Act, would roll back parts of Proposition 47, approved by California

CNN, WFFF, KGO, KPIX, CALIFORNIA DEPARTMENT OF CORRECTIONS, BUSTDOWNCORN, TIKTOK, SAN DIEGO COUNTY DISTRICT ATTORNEY’S OFFICE, GETTY IMAGES, bustdowncorn/TikTok By Veronica Miracle and Jeffrey Kopp, CNN San Francisco (CNN) — For the first time in ten years, California voters could get the opportunity to change a controversial law aimed at criminal justice reform. A new

By Chris Isidore, CNN New York (CNN) — A massive controlled burn that sent toxic chemicals into the air of East Palestine, Ohio, in February 2023 was not necessary, the chair of the National Transportation Safety Board testified at a Senate hearing Wednesday. Under questioning from Sen. J.D. Vance, an Ohio Republican, NTSB Chair Jennifer

By Ramishah Maruf, CNN New York (CNN) — We’ve all seen the combination Taco Bell and KFC, or the joint Auntie Anne’s and Cinnabon. Now another dual-branded restaurant could enter the US dining landscape. Dine Brands Global is considering an Applebee’s and IHOP combination, according to an earnings call on February 28. Dine Brands is

CNN By Elizabeth Wagmeister, CNN (CNN) — Barbie has had quite the year. As she celebrates her 65th birthday this week, the newly minted movie star has inspired a worldwide cultural movement and will make her grand debut at the Academy Awards this upcoming weekend with eight nominations. “Barbie” – the movie – was a

By Elizabeth Wagmeister, CNN (CNN) — Barbie has had quite the year. As she celebrates her 65th birthday this week, the newly minted movie star has inspired a worldwide cultural movement and will make her grand debut at the Academy Awards this upcoming weekend with eight nominations. “Barbie” – the movie – was a smash

By Hannah Rabinowitz and Brian Fung, CNN (CNN) — A Google employee was charged Tuesday with stealing artificial intelligence trade secrets from the tech giant while secretly working with two Chinese-based companies in the AI industry. Linwei Ding, who also goes by Leon Ding, is charged with four counts of theft of trade secrets. If