Money

By Jeanne Sahadi, CNN The Internal Revenue Service has good news for millions of taxpayers in 17 states who received a one-time special state payment last year to offset inflation and other negative economic impacts: Those payments won’t be subject to federal income tax. “The IRS determined it will not challenge the taxability of payments

By Anna Cooban, CNN US regulators have fined Mars Wrigley, the maker of Snickers and Skittles, after two workers fell into a tank of chocolate at its Pennsylvania factory last June. The Occupational Safety and Health Administration fined the confectionery and chewing gum maker $14,500 for the incident, which it described as “serious” in a

By Danielle Wiener-Bronner, CNN The much-hyped M&M’s Super Bowl commercial that was supposed to clarify the status of the brand’s “spokescandies,” which were put on pause after they were criticized by right-wing pundits, finally aired on Sunday, and it was, well, confusing. In it, actress and comedian Maya Rudolph tosses handfuls of the colorful candies

By Ramishah Maruf, CNN Workers at a Southern California Medieval Times have walked off the job and went on strike before their second performance of the day Saturday, the union confirmed. About 25 of the 50 workers in their bargaining unit walked out at the Buena Park location, said Erin Zapcic, lead organizer of Medieval

By Ramishah Maruf, CNN Electric carmaker Tesla will face a hit on Super Bowl Sunday, when an ad will play showing the alleged dangers of its Full Self-Driving technology. The commercial, which will be aired in Washington, DC, Austin, Tallahassee, Albany, Atlanta and Sacramento does not paint Tesla in the best light. The ad is

By Paul R. La Monica, CNN Many people don’t have the time or inclination to do deep research on stocks. It’s often easier to buy an exchange-traded fund that owns a basket of the top blue chips, like Apple, Microsoft and Amazon. Other investors like to bet on themes and memes instead of poring over

By Rhea Mogul, CNN For centuries, cows have been considered sacred by India‘s majority Hindu population, a symbol of both the Earth and the divine. Indeed, so revered are the animals that authorities had planned to rebrand this Valentine’s Day as “Cow Hug Day”, hoping the move would both boost citizens’ “emotional richness” and strike

By Peter Valdes-Dapena, CNN Business After years of parts shortages, the average price people paid for a new car in America only recently dropped back below sticker. But this ignores a larger issue: Even pre-pandemic, sticker prices were steadily ticking higher as buyers load up on options. Two decades of historic data from auto website

By Brian Rokus, CNN The US Commerce Department is restricting six Chinese companies tied to the Chinese army’s aerospace programs from obtaining US technology without government authorization. The move comes after a Chinese balloon suspected of carrying out surveillance flew over the US last week, raising political tensions between the world’s two largest economies. US