Money

By Olesya Dmitracova, CNN London (CNN) — Iceland’s economy is outperforming most European peers after the nationwide introduction of a shorter working week with no loss in pay, according to research released Friday. Between 2020 and 2022, 51% of workers in the country had accepted the offer of shorter working hours, including a four-day week,

By Nathaniel Meyersohn, CNN New York (CNN) — Family Dollar has announced 677 store closings this year. Walgreens is closing 259. Big Lots is closing 360. LL Flooring is shutting down entirely. Major retailers have announced 6,189 store closures so far this year, already outpacing last year’s total of 5,553, according to Coresight Research. Chains

Analysis by Nicole Goodkind, CNN New York (CNN) — Wall Street’s winning streak may be coming to an end. After a rally that matched records set during both the fall of the Berlin Wall and the bull run of 2004, markets are wavering, with the Dow notching its fourth-straight day of losses on Thursday. Until

By Jeanne Sahadi, CNN (CNN) — Choosing when to vote is usually about finding that one block of time between your responsibilities at home and at work. But, in many states, your calculation might also include the fact that, by law, your employer must allow you some time off during the workday to vote, albeit

By Evan Perez and Hannah Rabinowitz, CNN (CNN) — The Justice Department is preparing to defend its use of diversity policies in choosing an independent monitor to oversee a plea agreement with Boeing Co., setting up a potential clash with a conservative judge that could delay a deal the company is eager to implement. The

CNN By Brian Stelter and Liam Reilly, CNN New York (CNN) — The Fox News Channel’s recent segment about Donald Trump’s “surprise” visit to a barbershop in the Bronx resembled a campaign ad for the former president’s reelection. Trump was seen taking questions and making small talk with Black and Hispanic barbershop customers and workers, some of whom were

By Ramishah Maruf, CNN New York (CNN) — Sam’s Club has now entered the Thanksgiving meal deal wars. Sam’s Club on Thursday announced a Member’s Mark Thanksgiving meal, which feeds up to 10 people for under $100, made up of the warehouse club’s private label products. That follows Aldi, which released its lowest-priced Thanksgiving meal

By Erika Tulfo, CNN (CNN) — Prime members can now add “fuel discounts” to their ever-growing list of benefits. The newest perk from e-commerce giant Amazon will allow members to save 10 cents per gallon at the gas pump (up to an average of nearly $70 a year) at around 7,000 participating BP, Amoco, and

By Graham Hurley, CNN (CNN) — The winning ticket for Wednesday’s Powerball jackpot was sold in Buford, Georgia, the first time the top prize has been won in the state since 2016. The ticket matching all six numbers, worth $478.2 million, was sold at Quick Mart on Buford Dam Road, according to a news release from Powerball. The winner can

By John Towfighi, CNN Baltimore (CNN) — A new lawsuit alleges Vince McMahon knowingly enabled the sexual exploitation of children by a WWE employee in the 1980s. The suit, filed on behalf of five former WWE “Ring Boys,” alleges McMahon, his wife Linda McMahon, the WWE, and TKO Group Holdings, the league’s parent company, knowingly

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — Problems at Boeing go back years, if not decades. And they just got a lot harder to fix. In addition to the spate of safety incidents that has undermined the company’s public image, raised worries about quality, sparked numerous investigations and led to a

By Bryan Mena, CNN Washington (CNN) — US mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer when mortgage rates fell in anticipation of a rate cut from the Federal Reserve as inflation improved. The average rate on a

By Auzinea Bacon, CNN New York (CNN) — Keurig Dr Pepper will expand its energy drink business by acquiring the brand Ghost for more than $1 billion. The range of Ghost’s energy drink flavors, in partnership with sweet brands like Sour Patch Kids and Oreo, sets Keurig up to appeal to a younger audience, the

By Brian Stelter and Liam Reilly, CNN New York (CNN) — The Fox News Channel’s recent segment about Donald Trump’s “surprise” visit to a barbershop in the Bronx resembled a campaign ad for the former president’s reelection. Trump was seen taking questions and making small talk with Black and Hispanic barbershop customers and workers, some of whom were wearing

By Jordan Valinsky, CNN New York (CNN) — A Colorado man has filed the first lawsuit against McDonald’s relating to its E. coli outbreak linked to Quarter Pounders that, so far, has led to at least 49 illnesses across 10 states, including one death. The lawsuit was filed one day after the US Centers for

By Elisabeth Buchwald, CNN New York (CNN) — This year’s election is shaping up to be particularly ugly for the business world, with two presidential candidates who could not be further apart in their approaches to taxes and regulation. On top of that, control of Congress is also up for grabs, which could significantly hurt

Analysis by Allison Morrow, CNN New York (CNN) — The billionaires who control social media want to be clear about what’s OK to post online and what’s not. For X (formerly Twitter), just about anything goes, including neo-Nazi propaganda, crypto scams and porn (as long as it’s labeled properly). For Facebook and Instagram, the rules

Story by Associated Press (AP) — A Polish radio station has triggered controversy after dismissing its journalists and relaunching this week with AI-generated “presenters.” Weeks after letting its journalists go, OFF Radio Krakow relaunched this week, with what it said was “the first experiment in Poland in which journalists … are virtual characters created by

By Chris Isidore, CNN New York (CNN) — The strike by 33,000 workers at Boeing will continue after rank-and-file union members rejected an offer from the company in a vote on Wednesday and decided to remain on the picket lines instead. The membership of the International Association of Machinists voted 64% against the deal, the union