Money

By Elisabeth Buchwald and Matt Egan, CNN New York (CNN) — In poll after poll, Americans have indicated the economy is their top concern as they prepare to cast votes this election. Dealing with high inflation for years will do that to you. Although inflation has cooled significantly since it peaked at a 40-year high

By Hanna Ziady, CNN London (CNN) — Apple has lost its fight to dodge a €13 billion ($14.4 billion) tax bill following a ruling by Europe’s top court Tuesday, which dealt a blow to the world’s most valuable company just a day after the iPhone maker unveiled a host of product upgrades to boost sales.

By Samantha Delouya, CNN (CNN) — During its glossy product announcement event on Tuesday, Apple unveiled a new role for its latest AirPods Pro model: medical device. The company said the wireless headphones will double as clinical-grade over-the-counter hearing aids for those who need them. “We’re adding this groundbreaking capability to help more than 1

By Jordan Valinsky, CNN New York (CNN) — Amazon is taking a page out of Aldi and Target’s playbook and launching a new line of budget-friendly food items in an attempt to attract price-conscious shoppers who are ditching name brands to save money. Amazon is rolling out a new “no-frills” private label brand called Amazon

By Juliana Liu and Joyce Jiang, CNN Hong Kong (CNN) — Huawei has unveiled what it calls the world’s first tri-fold smartphone, just hours after arch-rival Apple introduced the iPhone 16, in a carefully timed Tuesday launch that has generated significant buzz for the Chinese tech giant. The Shenzhen-based firm, which has been a flashpoint

By David Goldman, CNN (CNN) — Investors got some much-needed R&R over the weekend, apparently, because they came back to work Monday with smiles on their faces and a brighter outlook about the US economy. The Dow rose 484 points, or 1.2%, on Monday. The broader S&P 500 rose 1.2% and tech-heavy Nasdaq was also

By Jordan Valinsky, CNN New York (CNN) — DirecTV wants its customers to stick with the service during an increasingly nasty dispute with Disney that threatens to black out tonight’s “Monday Night Football” game. So DirecTV developed an unusual strategy: It’s paying customers to subscribe to a rival. DirecTV has struck deals with Sling, owned

By Brian Stelter, CNN New York (CNN) — The Washington Post is trying to fix one of its biggest problems: an outdated homepage loathed by its own staff. The facelift is a key facet of Post publisher and chief executive Will Lewis’s plan to turn around the publication’s fortunes on behalf of owner Jeff Bezos This year the Post is forecast to lose about $50

By Hanna Ziady, CNN London (CNN) — Local governments across England, Scotland and Wales face a £4.3 billion ($5.6 billion) hole in their finances in the coming year, according to a new report. That could force cuts to jobs and vital services, such as rubbish collection. In a paper Monday, Unison, the United Kingdom’s largest

By Jordan Valinsky, CNN New York (CNN) — Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy. As part of its Chapter 11 filing, the retailer announced that private equity firm Nexus Capital Management is acquiring “substantially all” of Big Lots stores and business

By Clare Duffy, Samantha Murphy Kelly and Samantha Delouya, CNN (CNN) — Apple on Monday unveiled a host of new technology, including the iPhone 16, which features some impressive updates the company hopes will convince customers – many of whom have been holding onto their older gadgets – to upgrade. Since the 2020 launch of

By Bryan Mena, CNN Washington (CNN) — Americans may be finding it a little tougher to land a job these days, but not so much in one field in which salaries are climbing fast and employers are offering robust perks. Once a source of US economic resilience, the nation’s job market is now weaker than

By Olesya Dmitracova, CNN London (CNN) — “Beetlejuice Beetlejuice,” a follow-up to Tim Burton’s 1988 classic, has landed with a bang, raking in an estimated $110 million in US ticket sales over its opening weekend, based on Comscore data. The “stellar domestic opening” is the second-highest ever for a movie in September, topped only by “It,”

By Matt Egan, CNN New York (CNN) — Former President Donald Trump’s social media company is in a deep slump that keeps getting worse, wiping out a huge chunk of his net worth. Shares of Trump Media & Technology Group (DJT) dropped last week to their lowest level since the merger that brought the owner

By Jeanne Sahadi, CNN New York (CNN) — The United States is in the midst of both hurricane and wildfire season. And US homeowners are likely keeping their fingers crossed that they and their families will be spared — not just physically, but also financially. A quarter of US homeowners (26%) said they are financially

By Brian Fung, CNN (CNN) — Google hasn’t just illegally cornered the market in search — it’s squeezed online publishers and advertisers with a “trifecta” of monopolies that have harmed virtually the entire World Wide Web, the US Department of Justice said Monday in a Virginia federal courtroom. Kicking off a high-stakes trial that could reshape

By Robert Ilich, CNN (CNN) — DirecTV filed a complaint Saturday with the Federal Communications Commission alleging Disney did not negotiate in good faith as the two sides remain at an impasse on a distribution deal. “Disney has violated the FCC’s good faith mandates by predicating any licensing agreement on DIRECTV’s waiving any legal claims

By Chris Isidore, CNN New York (CNN) — Buying this week’s groceries or paying for a full tank of gas with a credit card might contribute more to the profits of the airline industry than buying a one-way ticket. That’s because frequent flyer programs have become a crucial part of the airline industry’s profitability. And

By Chris Isidore, CNN New York (CNN) — Boeing and the Machinists union, which represents 33,000 of its employees on the West Coast, have reached a tentative deal that could avoid a strike that had been set to start this Friday. Before it will take effect, the deal would need the approval of the rank-and-file

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