Money

By Krystal Hur, CNN New York (CNN) — Stocks tumbled Tuesday with tech stocks leading the way, continuing to retreat from record highs set last week. The Dow fell 405 points, or 1%, after declining more than 500 points at its session lows. The S&P 500 slipped 1% and the Nasdaq Composite slid 1.7%. That

By Kara Nelson, CNN (CNN) — A life-changing grocery store run has erased one Kentucky man’s debts. While he was checking out on February 9 at a store in Louisville, Charles Stallard decided to add one more item to his shopping cart: a lottery ticket that can pay fifty times the cash amount that’s revealed.

By Jon Passantino and Oliver Darcy, CNN New York (CNN) — Rupert Murdoch is pulling the plug on the television broadcast of his right-wing UK outlet TalkTV, a blow to the media mogul who launched the opinion-focused venture just two years ago with an aim of replicating the success of Fox News in the UK. In

By Devan Cole, CNN (CNN) — A federal appeals court on Tuesday threw out a lawsuit that sought to hold Apple, Google, Tesla and other major tech companies liable for their alleged use of child labor to mine cobalt in the Democratic Republic of Congo. The DC Circuit Court of Appeals said in a unanimous

By Chris Isidore, CNN New York (CNN) — Members of the Dartmouth College men’s basketball team Tuesday became the first college athletes to vote to join a union, a significant milestone in the rapidly changing business for collegiate sports. The team members voted 13-2 in favor of the union, according to the National Labor Relations

By Krystal Hur, CNN New York (CNN) — Goldbugs are rejoicing as their favorite precious metal continues to reach new heights. The price of gold rose on Tuesday to settle at $2,141.90 a troy ounce, notching another record high as investors continue to bet the Federal Reserve will cut rates in the back half of

By Brian Fung, CNN Washington (CNN) — The Biden administration sanctioned multiple software vendors on Tuesday accused of helping repressive governments spy on everyone from US officials to journalists to human rights activists — expanding a US crackdown on the shadowy industry behind what’s known as “commercial spyware.” The Treasury Department said that as part of

By Peter Valdes-Dapena, CNN (CNN) — Muscle car shoppers will face some important decisions with the 2024 Dodge Charger. First, the new Charger will be available as a battery-powered electric car or with a gasoline engine. And for the first time it will be available with two or four doors. Also, unlike most EVs, the

By Anna Cooban, CNN London (CNN) — Forget the Egg McMuffin. Brits are going crazy for the bacon and sausage buns offered by Greggs, an 85-year-old chain of budget bakeries that just posted its best-ever performance. The company said Tuesday that it had taken 19.6% of the food-to-go breakfast market in the United Kingdom last

By Jordan Valinsky, CNN New York (CNN) — Peloton isn’t the only at-home exercise equipment company feeling the pain: BowFlex is too, announcing Tuesday that it has filed for bankruptcy. The nearly four-decade old company, best known for commercials that were a staple of late-night television in the 1990s, filed for Chapter 11 and said

By Chris Isidore, CNN New York (CNN) — Nearly 10,000 workers from a coalition of separate unions, working for a diverse group of employers, are planning a series of coordinated strikes in Minnesota this week and next. Their aim: Exert leverage at the bargaining table. First to the picket lines Monday are about 4,000 janitors

By Oliver Darcy, CNN New York (CNN) — Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. The New York Times is facing a sustained wave of backlash. The Gray Lady has for several weeks been in the crosshairs

By Nathaniel Meyersohn, CNN New York (CNN) — Target, a barometer of the American consumer, said its sales last year fell for the first time since 2016. Now it’s predicting a sluggish 2024 as shoppers are weighed down by higher prices. Target said Tuesday that its sales at stores open for at least one year

By Fred Pleitgen and Olesya Dmitracova, CNN Berlin/London (CNN) — A group of far-left activists has claimed it was behind an arson attack on a high-voltage electricity pylon Tuesday that cut off the power supply to Tesla’s factory in Germany. The activists, calling themselves the “Volcano Group,” claimed responsibility for the fire in a letter

By Diksha Madhok and Wayne Chang, CNN New Delhi/Hong Kong (CNN) — Taiwan has swung into damage control mode after its labor minister made controversial comments about the skin color, religion and diets of some Indians ahead of a potential drive to recruit migrant workers to the island. In an interview with Yahoo TV last

By Kocha Olarn and Manveena Suri, CNN Hong Kong/Bangkok (CNN) — Tesla is in talks with the Thai government to build a production facility in the country, the prime minister’s office told CNN on Tuesday. The government has offered Tesla (TSLA) a 100% green facility, according to Prommin Lertsuridej, secretary general to the prime minister,

By Allison Morrow, CNN New York (CNN) — Bitcoin surged to an all-time high Tuesday, shaking off a more-than-two-year rut that had put the future of the entire crypto ecosystem in question. Bitcoin, the world’s oldest — and by far the largest — digital currency, traded above $69,000 Tuesday morning, topping the previous record of

By Ramishah Maruf, CNN New York (CNN) — Jeff Bezos has reclaimed the title of the richest person on Earth, surpassing Elon Musk, according to the Bloomberg Billionaires Index on Monday. The Amazon founder’s net worth was $200 billion, while Musk followed at $198 billion. Musk has lost about $31 billion over the past year,