Money

By Nathaniel Meyersohn, CNN New York (CNN) — Retailers are projecting slower growth this holiday shopping season as inflation, higher borrowing costs, and the resumption of student loan repayments cause many consumers to pull back. Holiday sales will increase by up to 4% this year, not adjusted for inflation, the National Retail Federation said Thursday

By Anna Bahney, CNN Washington, DC (CNN) — Bob Goldberg, chief executive officer of the National Association of Realtors, the nation’s largest trade association, is stepping down, the organization announced Thursday. Earlier this week, a federal jury in Missouri found NAR and two brokerages conspired to keep real estate agent commissions artificially high and determined

By Jeanne Sahadi, CNN New York (CNN) — For those who are able or wish to, you will be allowed to sock away even more money into a 401(k) or IRA next year. The IRS this week announced it was raising the 401(k) contribution limit to $23,000, up from $22,500 currently. For anyone 50 or

By Anna Bahney, CNN Washington, DC (CNN) — Mortgage rates ticked down this week, snapping a seven-week streak of increases. The 30-year fixed-rate mortgage fell to an average of 7.76% in the week ending November 2, down from 7.79% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year

By Matt Egan, CNN New York (CNN) — Some of the nation’s most powerful law firms are warning America’s elite universities to crack down on antisemitism on campus – or the schools and their students will face real consequences. “Over the last several weeks, we have been alarmed at reports of anti-Semitic harassment, vandalism and

By Danielle Wiener-Bronner, CNN New York (CNN) — Extra shots, cold foam, oat milk and sugary syrups — coffee snobs might turn their noses up at Starbucks’ custom, often wildly indulgent, lattes and cappuccinos. But they’re turning into big business for the company. High-priced lattes and customized drinks helped lift the coffee chain’s US sales

By Liam Reilly , CNN New York (CNN) — HBO chief executive Casey Bloys apologized Thursday for directing staff to anonymously fire back at TV critics online, calling it a “very dumb idea.” On Wednesday, Rolling Stone published a report that cited text messages obtained as part of a lawsuit filed by former HBO executive assistant Sully Temori that showed Bloys asking

By Oliver Darcy, CNN (CNN) — News organizations are assuming a more aggressive posture toward Israel Defense Forces as it escalates its military operations in the Gaza Strip. While civilian deaths mount and the humanitarian crisis grows more severe in the Palestinian territory, spokespersons for Israel’s military are being confronted by anchors on live television,

By Hanna Ziady, CNN London (CNN) — The Bank of England downgraded its forecasts for UK economic growth Thursday and kept interest rates unchanged, even as it warned that the Israel-Hamas war could push up energy prices and inflation won’t return to target for another two years. The central bank now expects gross domestic product

By Clare Duffy, CNN New York (CNN) — YouTube is implementing new safeguards that could help prevent the platform from sending teen users down potentially harmful content rabbit holes. The platform plans to limit repeated content recommendations for videos on certain topics, including content that idealizes certain body weights, James Beser, director of product management

By Donie O’Sullivan and Allison Gordon, CNN (CNN) — False claims that President Joe Biden fell asleep during a moment of silence for victims of the Maui wildfire. A conspiracy theory that the latest surge in Covid-19 cases is being orchestrated by the Democratic Party ahead of the election. An obituary for a late NBA player that described

CNN By Donie O’Sullivan and Allison Gordon, CNN (CNN) — False claims that President Joe Biden fell asleep during a moment of silence for victims of the Maui wildfire. A conspiracy theory that the latest surge in Covid-19 cases is being orchestrated by the Democratic Party ahead of the election. An obituary for a late NBA player that

By Jordan Valinsky, CNN New York (CNN) — Amusement parks Six Flags and Cedar Fair are merging in an $8 billion deal that creates a theme park powerhouse across North America. The companies control 27 amusement parks and 15 water parks between them across the US, Canada and Mexico. Six Flags and Cedar Fair operate

By Catherine Thorbecke, CNN New York (CNN) — Thousands of rideshare drivers in New York may be eligible to receive significant back pay from Uber and Lyft as part of a settlement announced by the state attorney general on Thursday. New York Attorney General Letitia James announced two settlement funds totaling $328 million with rideshare

By Simone McCarthy, CNN Hong Kong (CNN) — Beijing has clarified that Israel remains marked on official maps issued by Chinese authorities after questions emerged over why the country’s name was not visible on online maps provided by two major Chinese companies. The country name “Israel” does not currently appear on maps on popular mobile

By Ramishah Maruf, CNN New York (CNN) — Toyota is recalling more than 1.8 million RAV4s, the company announced Wednesday. Specifically, it is recalling certain vehicles from model years 2013-2018. At issue is a fire risk from some replacement batteries, Toyota said in a statement. Since some replacement batteries in the SUV aren’t the correct

By Liam Reilly and Oliver Darcy, CNN (CNN) — Disney will acquire Comcast’s one-third stake in Hulu for an expected $8.61 billion, the company said Wednesday, in a deal that will put the streaming service entirely inside the Magic Kingdom when the transaction closes later this year. “The acquisition of Comcast’s stake in Hulu at

By Danielle Wiener-Bronner, CNN New York (CNN) — Thinking of skimping on a DoorDash tip? Do so at your own risk, warns a message being tested by the food delivery provider. If you try to place an order through the DoorDash app without leaving a tip, you may get this pop-up: “Orders with no tip

By Danielle Wiener-Bronner, CNN New York (CNN) — With interest rates high, student loan repayments back and elevated prices of consumer goods, many Americans are pulling back on spending. But not at Taco Bell. The fast food chain, which has long emphasized its cheap eats, said that unlike some of its competitors, it’s been seeing

By Brian Fung, CNN (CNN) — Meta will soon be forced to seek European users’ consent before using their personal information to deliver those users targeted advertisements on Facebook and Instagram. A European Union-wide ban announced Wednesday dealing with Meta’s handling of user data proposes blanket restrictions which could be finalized as soon as late