Money

By Samantha Delouya, CNN (CNN) — A record number of Americans in 2024 used an inheritance to help finance a down payment on their first home. That’s according to a new survey from the National Association of Realtors, which found Americans who bought homes for the first time between July 2023 and June 2024 were

By Marshall Cohen, CNN Washington (CNN) — In the run up to the high-stakes 2024 presidential election, Elon Musk has posted a blizzard of false and misleading claims about the election on his social media platform that have generated more than two billion views this year, according to new research analysis from a nonprofit that

By Jordan Valinsky, CNN New York (CNN) — The hangover has finally arrived for spirits and beer companies, as the surge in sales boosted by Americans who stayed at home during the Covid-19 pandemic has ended. Earnings from some of the world’s biggest alcohol makers — including Remy Cointreau, Absolut vodka maker Pernod Ricard, Jose

By Vanessa Yurkevich, CNN (CNN) — Ahead of the 2020 election, Nike released a star-studded get-out-the-vote campaign called “You Can’t Stop Our Voice.” The video starts with a mash-up of some of the biggest sports stars, including LeBron James and Naomi Osaka, and ends with them wearing shirts emblazoned with “VOTE.” Nike wasn’t alone. Under

By Bryan Mena, CNN Washington (CNN) — A dense fog clouding the US economy could soon clear. For months, US consumers and businesses have felt some degree of paralysis from the upcoming presidential election, putting off purchases and investments until the world knows who will move into the White House, according to surveys and comments

By Hadas Gold, CNN New York (CNN) — By all accounts, it is unlikely Americans will go to bed on Election Day knowing who their next president will be. As polls show a dead heat between former President Donald Trump and Vice President Kamala Harris in the final days of the race, news outlets are

By Jordan Valinsky, CNN New York (CNN) — TGI Fridays Inc., the American casual dining chain, filed for Chapter 11 bankruptcy protection Saturday. The company said in a statement that fallout from the Covid-19 pandemic was the “primary driver of our financial challenges” and it will use the Chapter 11 process to “explore strategic alternatives

Story by Reuters (CNN) — Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, slashing their holdings in Apple and boosting cash to a record $325.2 billion. Berkshire also reported a 6% decline in quarterly operating profit, largely the result of higher insurance underwriting liabilities including for Hurricane Helene, and

By Samantha Delouya, CNN (CNN) — Home-building policy, local zoning restrictions and the use of federal lands don’t usually find their way into the world of flashy presidential campaign politics, but both Vice President Kamala Harris and former President Donald Trump have prioritized those topics as the election draws to a close. That’s because housing

CNN By Liam Reilly, CNN New York (CNN) — Conservative radio host Hugh Hewitt resigned from his contributing columnist role at The Washington Post on Friday after storming off the newspaper’s live show over a disagreement with his colleagues. Hewitt’s resignation came after an appearance on “First Look,” the Post’s live show hosted by Jonathan

By Jeanne Sahadi, CNN (CNN) — Come next year, you will be allowed to save a little more in your 401(k) on a tax-deferred basis than you can this year, unless you’re in your early 60s, in which case for the first time you’ll be allowed to save a lot more. The new contribution limit

CNN By Matt Egan and David Goldman, CNN (CNN) — Former President Donald Trump’s social media stock is plunging just ahead of the election, cutting deeply into his net worth. After an absurd spike over the past five weeks that was based entirely on Trump’s perceived reelection prospects — and had nothing to do with

By Liam Reilly, CNN New York (CNN) — Conservative radio host Hugh Hewitt resigned from his contributing columnist role at The Washington Post on Friday after storming off the newspaper’s live show over a disagreement with his colleagues. Hewitt’s resignation came after an appearance on “First Look,” the Post’s live show hosted by Jonathan Capehart,

By Matt Egan and David Goldman, CNN (CNN) — Former President Donald Trump’s social media stock is plunging just ahead of the election, cutting deeply into his net worth. After an absurd spike over the past five weeks that was based entirely on Trump’s perceived reelection prospects — and had nothing to do with the

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week strike. The result of that vote will have significant implications not just for them, but for the company, global travel and the broader economy. The deal

By Brian Stelter, CNN New York (CNN) — Two veteran writers who resigned from The Washington Post over its non-endorsement decision are joining The Atlantic. Robert Kagan and Danielle Allen are coming aboard as contributing writers, The Atlantic’s editor-in-chief Jeffrey Goldberg said Friday. The move comes one week after the Post announced it was ending

By Jordan Valinsky, CNN New York (CNN) — Wendy’s is closing 140 restaurants in the coming months, the fast food chain announced this week. But the company said it would open an equal number of new locations in areas it believes can generate better business for Wendy’s. The restaurants targeted to close are “outdated and

By Nathaniel Meyersohn, CNN New York (CNN) — Consumers are turning away from pricier Starbucks coffee, McDonald’s Big Mac meals, Doritos chips, Monster energy drinks and Heineken beer. But they can’t stop guzzling Coke and Dr Pepper. Both Coca-Cola and Dr Pepper said last week on quarterly earnings calls that they sold more soda cases

By Ramishah Maruf, CNN New York (CNN) — Election Day is around the corner, and along with an “I Voted” sticker, some companies are offering perks from a discounted ride to the polls to a free sweet treat. While it’s illegal to reward people for voting or paying people to register to vote (as evidenced

By Matt Egan, CNN New York (CNN) — In 2020, former President Donald Trump warned that the historic stock market boom on his watch would implode if voters replaced him with Joe Biden. “If you want your 401k’s and stocks…to disintegrate and disappear, vote for the Radical Left Do Nothing Democrats and Corrupt Joe Biden,”