Money

CNN By Samantha Delouya, CNN (CNN) — As the ongoing systems outage at software provider CDK Global stretches into its second week, car dealerships are racking up millions of dollars in losses, according to a new estimate. Workers across the US automotive industry told CNN that the software blackout, which the company said was caused

By Samantha Delouya, CNN (CNN) — As the ongoing systems outage at software provider CDK Global stretches into its second week, car dealerships are racking up millions of dollars in losses, according to a new estimate. Workers across the US automotive industry told CNN that the software blackout, which the company said was caused by

Story by Jessie Yeung, CNNPhotos by Noemi Cassanelli, CNN Mumbai, India (CNN) — When Masoom Ali Shaikh arrived in Mumbai in 1974 as a young man from northern India, the patch of land where he set up shop was “just a creek with no proper road and garbage all around,” he said. Fifty years later,

By Eva Rothenberg, CNN New York (CNN) — Tractor Supply Company has eliminated its diversity, equity and inclusion initiatives as part of what the retail chain says is a push to distance itself from “nonbusiness activities” after conservative backlash from some of its customer base. In a news release Thursday, Tractor Supply, which advertises itself

By Elise Hammond and Danielle Wiener-Bronner, CNN New York (CNN) — Every Fourth of July, starting when she was 15, Jacqueline Lewis and her family come together to honor a great American tradition: the Nathan’s Famous hot dog eating competition. “I think people want to know how many hot dogs a human can eat in

By Parija Kavilanz, CNN New York (CNN) — Lego’s fanbase, which famously cuts across kids, teenagers and grownup collectors, is seeing some unsavory characters break into the mix, and for all the wrong reasons. Lego products, especially the pricier sets that range from over $100 to $1,000 or more, are being targeted for theft both

CNN By Samantha Murphy Kelly, CNN (CNN) — A group of major record labels is suing two AI startups, alleging they wrongfully used popular artists’ work to train their systems to produce copyrighted music without their consent. The Recording Industry Association of America – the trade group on behalf of labels including Sony Music Entertainment,

By Alicia Wallace, CNN (CNN) — Politics typically comes with plenty of spin. Even something seemingly unyielding or absolute like a number can get squished and twisted like putty. As such, flashy economic data points extolled by candidates always come with plenty of asterisks, caveats and “yes, buts.” In this election cycle, those qualifiers have

By Chris Isidore, CNN New York (CNN) — Criminal charges against a corporation, like the ones the Justice Department is considering bringing against Boeing, would be a serious blow, worsening the company’s already precarious financial situation and further damaging its battered reputation. But it wouldn’t necessarily result in past or current executives facing prison time.

By Brian Rokus, CNN (CNN) — The New York Times Editorial Board is calling on President Joe Biden to leave the race for the White House after his performance at CNN’s presidential debate. “The president appeared on Thursday night as the shadow of a great public servant. He struggled to explain what he would accomplish in a second term.

By Gregory Wallace, CNN (CNN) — Airport employees in Portland, Maine, were forced to clear out of the way when a Southwest Airlines jet on the morning of June 25 took off from a closed runway, according to air traffic control recordings. Controllers and pilots warned the crew of Southwest 4805 several times that the runway was closed, the

By Eva Rothenberg, CNN New York (CNN) — New York City officials have agreed to restore more than $111 million in funding to libraries and cultural institutions, the City Council announced Thursday. The agreement is a victory for residents and organizations who had been pushing back for months against budget cuts in the nation’s largest

By Nathaniel Meyersohn, CNN New York (CNN) — Leave it to a Wells Fargo restaurant analyst to decisively settle the Chipotle burrito “weight debate.” On TikTok, some customers accused Chipotle of skimping on food portions. They started a trend of filming Chipotle employees as the workers built out their burritos order with chicken, guacamole and

By Hadas Gold, CNN (CNN) — CNN’s Thursday night debate between President Joe Biden and former President Donald Trump was watched by 51.27 million viewers on television, according to Nielsen data. The 90-minute debate, which sent shockwaves through the political world, was simulcast across 22 networks. CNN, which hosted the debate from its Atlanta studios, offered a live feed

By Krystal Hur, CNN New York (CNN) — Warren Buffett just changed how his considerable fortune will be spent following his death. Buffett, 93, the chairman of Berkshire Hathaway, told the Wall Street Journal he has again re-worked his will — and that he does not plan to continue donations to the Bill & Melinda

By Hadas Gold, CNN (CNN) — On MSNBC, the mood Thursday night was somber. “I am not going to put a fine sheen on it, or a spin on it, even though I am in the spin room,” MSNBC anchor Alex Wagner said from the CNN presidential debate spin room in Atlanta. “There has been a uniformly negative reaction to

By Matt Egan, CNN (CNN) — Former President Donald Trump’s social media company is getting a boost after President Joe Biden’s shaky debate performance. Shares of Truth Social owner Trump Media & Technology Group (DJT) rose 4% in early trading Friday as investors bet the debate has boosted Trump’s chances of retaking the White House.

By Alicia Wallace, CNN (CNN) — Prices in the US didn’t rise in May, lending a welcome reprieve to cost-wary Americans and helping to bring inflation even closer to normal levels. The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — was unchanged

By Jeanne Sahadi, CNN New York (CNN) — Even before a jury found Donald Trump guilty on 34 felony counts of falsifying business records in the so-called “hush money” trial in New York, many Americans were surprised to learn that having a criminal conviction would not automatically disqualify someone from serving as president of the