Money

By Hanna Ziady, CNN London (CNN) — The Bank of England downgraded its forecasts for UK economic growth Thursday and kept interest rates unchanged, even as it warned that the Israel-Hamas war could push up energy prices and inflation won’t return to target for another two years. The central bank now expects gross domestic product

By Clare Duffy, CNN New York (CNN) — YouTube is implementing new safeguards that could help prevent the platform from sending teen users down potentially harmful content rabbit holes. The platform plans to limit repeated content recommendations for videos on certain topics, including content that idealizes certain body weights, James Beser, director of product management

By Donie O’Sullivan and Allison Gordon, CNN (CNN) — False claims that President Joe Biden fell asleep during a moment of silence for victims of the Maui wildfire. A conspiracy theory that the latest surge in Covid-19 cases is being orchestrated by the Democratic Party ahead of the election. An obituary for a late NBA player that described

CNN By Donie O’Sullivan and Allison Gordon, CNN (CNN) — False claims that President Joe Biden fell asleep during a moment of silence for victims of the Maui wildfire. A conspiracy theory that the latest surge in Covid-19 cases is being orchestrated by the Democratic Party ahead of the election. An obituary for a late NBA player that

By Jordan Valinsky, CNN New York (CNN) — Amusement parks Six Flags and Cedar Fair are merging in an $8 billion deal that creates a theme park powerhouse across North America. The companies control 27 amusement parks and 15 water parks between them across the US, Canada and Mexico. Six Flags and Cedar Fair operate

By Catherine Thorbecke, CNN New York (CNN) — Thousands of rideshare drivers in New York may be eligible to receive significant back pay from Uber and Lyft as part of a settlement announced by the state attorney general on Thursday. New York Attorney General Letitia James announced two settlement funds totaling $328 million with rideshare

By Simone McCarthy, CNN Hong Kong (CNN) — Beijing has clarified that Israel remains marked on official maps issued by Chinese authorities after questions emerged over why the country’s name was not visible on online maps provided by two major Chinese companies. The country name “Israel” does not currently appear on maps on popular mobile

By Ramishah Maruf, CNN New York (CNN) — Toyota is recalling more than 1.8 million RAV4s, the company announced Wednesday. Specifically, it is recalling certain vehicles from model years 2013-2018. At issue is a fire risk from some replacement batteries, Toyota said in a statement. Since some replacement batteries in the SUV aren’t the correct

By Liam Reilly and Oliver Darcy, CNN (CNN) — Disney will acquire Comcast’s one-third stake in Hulu for an expected $8.61 billion, the company said Wednesday, in a deal that will put the streaming service entirely inside the Magic Kingdom when the transaction closes later this year. “The acquisition of Comcast’s stake in Hulu at

By Danielle Wiener-Bronner, CNN New York (CNN) — Thinking of skimping on a DoorDash tip? Do so at your own risk, warns a message being tested by the food delivery provider. If you try to place an order through the DoorDash app without leaving a tip, you may get this pop-up: “Orders with no tip

By Danielle Wiener-Bronner, CNN New York (CNN) — With interest rates high, student loan repayments back and elevated prices of consumer goods, many Americans are pulling back on spending. But not at Taco Bell. The fast food chain, which has long emphasized its cheap eats, said that unlike some of its competitors, it’s been seeing

By Brian Fung, CNN (CNN) — Meta will soon be forced to seek European users’ consent before using their personal information to deliver those users targeted advertisements on Facebook and Instagram. A European Union-wide ban announced Wednesday dealing with Meta’s handling of user data proposes blanket restrictions which could be finalized as soon as late

By Matt Egan, CNN New York (CNN) — University of Pennsylvania President Liz Magill, facing a backlash from donors calling for her to resign, launched a new effort on Wednesday to fight antisemitism at the Ivy League school. The moves amount to the most comprehensive response to date by Magill to address a crisis gripping

By Jordan Valinsky, CNN (CNN) — Charles Schwab has laid off about 5% to 6% of its employees, amounting to roughly 2,000 people, as it looks to cut costs. A Schwab spokesperson said these “were hard but necessary steps to ensure Schwab remains highly competitive, with industry-leading levels of efficiency, well into the future.” The

By Samantha Murphy Kelly, CNN (CNN) — During an Apple product launch the night before Halloween, Apple CEO Tim Cook – wearing all black at its Cupertino, California-based headquarters – introduced the next phase of Mac computers which hint at a more AI- driven future. The focus of the event, which featured the tagline “scary fast,” was

By Allison Morrow and Sabrina Souza, CNN New York (CNN) — Attorneys gave their closing arguments Wednesday to the jurors who will decide Sam Bankman-Fried’s fate, offering two diametrically different versions of the collapse of his crypto empire. US Assistant Attorney Nicholas Roos presented the government’s view that Bankman-Fried is guilty of stealing money and

By Nathaniel Meyersohn, CNN New York (CNN) — The United Auto Workers hopes the significant wage and benefit gains in tentative agreements with Ford, General Motors and Stellantis, the parent of Jeep and Chrysler, will spark unionization efforts throughout the US auto industry. But the UAW’s ambitious plans to organize Tesla and other non-union automakers

By Matt Egan, CNN New York (CNN) — Senate Majority Leader Chuck Schumer, Sen. Elizabeth Warren and nearly two dozen other Democrats are demanding federal regulators probe the mega takeovers inked last month by ExxonMobil and Chevron. In a letter on Wednesday to the Federal Trade Commission, the lawmakers warned the blockbuster Big Oil deals

By Jordan Valinsky, CNN New York (CNN) — Former ABC News anchors T.J. Holmes and Amy Robach are on-air partners again, this time with a new podcast. The pair are joining iHeartMedia to host a new “highly anticipated” weekly podcast, called “Amy & T.J.” beginning December 5, the company announced Wednesday. It’s the “first time

By Brian Fung, CNN Washington, DC (CNN) — Online dating giant Match Group has dropped a closely watched antitrust lawsuit against Google’s app store, the two companies said Tuesday, days before a trial set to begin in San Francisco federal court. The settlement between the search giant and the owner of sites such as Match,