Money

By Matt Egan, CNN New York (CNN) — New York Attorney General Letitia James filed a lawsuit against Citibank on Tuesday, alleging the big bank failed to do enough to protect and reimburse victims of fraud. The lawsuit argues that New York customers lost millions of dollars — in some cases their entire lifesavings —

By Alicia Wallace, CNN New York (CNN) — The US job market remains strong and workers are still in demand, according to newly released labor data. However, there are plenty of indications that activity continues to cool. The number of available jobs in the United States unexpectedly rose in December to an estimated 9.026 million,

By Chris Isidore, CNN New York (CNN) — UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Managers and contractor positions will make up most of the layoffs. The job cuts come as UPS issued a disappointing sales outlook for this year, saying it expects

By Hafsa Khalil, CNN (CNN) — An Australian news channel has apologized after broadcasting an edited picture of a female lawmaker that enlarged her breasts and exposed her midriff. The digitally altered photograph of Victoria state lawmaker Georgie Purcell appeared in a 9News evening bulletin Monday after she criticized the local government for rejecting a

CNN By Clare Duffy and Jennifer Korn, CNN. Video by John General and Deborah Brunswick. Orlando, Florida (CNN) — A Florida woman sued Lyft earlier this month, alleging that she was raped by her Lyft driver in 2019 and that the assault resulted in the birth of her third child. The suit is the latest

By Clare Duffy and Jennifer Korn, CNN. Video by John General and Deborah Brunswick. Orlando, Florida (CNN) — A Florida woman sued Lyft earlier this month, alleging that she was raped by her Lyft driver in 2019 and that the assault resulted in the birth of her third child. The suit is the latest in

By Chris Isidore, CNN New York (CNN) — A 46-day strike took only a modest bite out of General Motors earnings for 2023, and America’s largest automaker said it expects profit to bounce back to near or above record levels this year regardless of the higher labor costs, forecasts of weaker car prices and other

By Anna Cooban, CNN London (CNN) — The outlook for the global economy is brightening, the International Monetary Fund said Tuesday as it upgraded its growth forecast for 2024. But it warned that the “surprisingly resilient” recovery from the pandemic, Russia’s war in Ukraine and the ensuing cost-of-living crisis could be jeopardised by attacks on

By Jordan Valinsky, CNN New York (CNN) — Starbucks is taking its extra virgin olive oil-infused drinks — which some customers previously complained of sending them straight to the bathroom — nationwide beginning Tuesday. The lineup, called Oleato, launched in a few US cities last year before slowly expanding to more stores. Tuesday’s launch across

By Alta Spells, Devon Sayers, Jason Morris and Sean Lyngaas, CNN (CNN) — An ongoing cyberattack against Georgia’s Fulton County, which includes parts of Atlanta, has brought some of the government’s systems to a standstill, halting access to court filings, tax processing and other services. The outage has not been resolved, and it’s unclear when

By Oliver Darcy and Andrew Kaczynski, 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. Right-wing media is burning red at Taylor Swift. With the Kansas City Chiefs headed to Super Bowl LVIII, influential

By Hanna Ziady, CNN London (CNN) — Europe should prepare for possible threats to its economy — including new US tariffs on its exports — if Donald Trump returns to the White House, according to European Central Bank President Christine Lagarde. “If you look at what those years were when Mr Trump was president of

CNN By Hanna Ziady, CNN London (CNN) — Europe should prepare for possible threats to its economy — including new US tariffs on its exports — if Donald Trump returns to the White House, according to European Central Bank President Christine Lagarde. “If you look at what those years were when Mr Trump was president

By Diksha Madhok, CNN (CNN) — Elon Musk’s controversial startup Neuralink has implanted a chip in a human brain for the first time, the billionaire said in a post on his X platform late Monday. The operation took place on Sunday and the patient was recovering well, he added. Musk’s announcement could mark an important

By Anna Cooban, CNN London (CNN) — Europe’s economy avoided ending 2023 in a recession by the narrowest of margins, official data showed Tuesday. Gross domestic product across the 20 countries that use the euro stagnated in the October-to-December quarter compared with the previous three months, according to an initial estimate published by Eurostat. In

By Michelle Toh, CNN Hong Kong (CNN) — Toyota has retained its lead as the world’s biggest automaker by sales, beating German rival Volkswagen for the fourth consecutive year. Despite the good news for Toyota (TM), it risks becoming bogged down in scandals over how it puts some of its cars through inspections, and continued

By Issy Ronald, CNN (CNN) — Amazon Prime’s new drama series “Expats,” starring Nicole Kidman, is currently unavailable to watch in Hong Kong despite being set and partly filmed in the city. The drama largely centers around Kidman’s character, Margaret, an American living in Hong Kong in 2014, when months-long pro-democracy protests swept the city

CNN By Nathaniel Meyersohn, CNN New York (CNN) — Professional sports teams are becoming real estate empires, building luxury apartments and shopping malls. For decades, major league teams depended on ticket sales, concessions and TV deals to generate revenue. But team owners in recent years have turned to real estate development to bring in extra

By Brian Fung and Clare Duffy, CNN (CNN) — Congress will again grill the chief executives of several big tech companies this week, including Meta CEO Mark Zuckerberg, about potential harms from their products on teens. Until now, the social platforms have largely had the same response: We’ll help teens and families make smart decisions