Money

By Elisabeth Buchwald, CNN New York (CNN) — Bumpy and slow is how a top Federal Reserve official sees inflation’s trajectory this year. Translation: Don’t get your hopes up for rate cuts in the next few months. Atlanta Fed President Raphael Bostic, who is voting on the Federal Open Market Committee’s policy decisions this year,

By Matt Egan, CNN New York (CNN) — A congressional committee probing campus antisemitism is expanding its investigation to include Columbia University and demanding the Ivy League school turn over a trove of documents to lawmakers. In a 16-page letter delivered to Columbia leaders Monday afternoon, Rep. Virginia Foxx, the Republican chairwoman of the House

By Chris Isidore, CNN New York (CNN) — The most famous – and arguably the best – Super Bowl ad in history, the Apple “1984” ad, was nearly killed by the company for whom it was made. The 60-second ad, which announced the arrival of the groundbreaking Macintosh, shows a dystopian gathering of an audience

By Eva Rothenberg, CNN New York (CNN) — Bob Edwards, the longtime National Public Radio host and a goliath of the broadcasting world, died on Saturday, his wife, NPR reporter Windsor Johnston, confirmed in a Facebook post. He was 76. “Bob Edwards understood the intimate and distinctly personal connection with audiences that distinguishes audio journalism

By John Towfighi, CNN (CNN) — Cocoa prices are surging so high that even the biggest chocolate makers are struggling to stay profitable. That doesn’t portend well for your wallet this Valentine’s Day. Last Thursday, Hershey Co. said it would cut 5% of its workforce after historic cocoa prices and inflation-weary consumers dampened fourth quarter

By Jordan Valinsky, CNN New York (CNN) — A career in music isn’t in Ben Affleck’s future, but at least his go-to drink at his favorite coffee chain — Dunkin’ — is getting easier to order. Beginning Monday, Dunkin’ is launching the “DunKings Menu,” a limited-time selection of food and drinks named after Affleck’s failed

By Jordan Valinsky, CNN New York (CNN) — Bob Moore, the founder of Bob’s Red Mill whole-grains company, has died. Shoppers will likely recognize his face for adorning the brand’s packaging for decades, with the company calling him “one of the most recognized figures in the natural foods industry” with a “larger-than-life personality,” in a

By Juliana Liu, CNN Hong Kong (CNN) — A year after making its advertising debut at the Super Bowl, Chinese-backed online shopping platform Temu is redoubling efforts in its most important market with a second ad on America’s biggest stage and $15 million in coupons and other giveaways. The Boston-based firm — owned by PDD

By Nicole Goodkind, CNN New York (CNN) — Wall Street is still getting over the trauma of last year’s regional banking crisis. Somehow, the same issue plaguing last year’s failed banks is back in focus at the latest bank in crisis: massive loads of uninsured deposits. Shares of New York Community Bancorp have dropped about

By Eva Rothenberg, CNN New York (CNN) — Joe Biden doesn’t want corporate greed to eat into your Super Bowl snack spread. In a video posted Sunday to X, formerly known as Twitter, the president called on companies to put a stop to “shrinkflation.” “When buying snacks for the game, you might have noticed one

By Eva Rothenberg, CNN New York (CNN) — Tech entrepreneur Dan O’Dowd, a fierce critic of Tesla, isn’t pumping the brakes on his campaign against the automaker’s self-driving software. O’Dowd’s “The Dawn Project,” which says it wants to make software systems safer for humanity, is airing two ads during the Super Bowl calling on consumers

By Anna Bahney, CNN Washington (CNN) — What will you do with your Sundays now that the NFL season is about over? Maybe you’ll be hitting the open house circuit because, according to some real estate agents, Super Bowl weekend is the unofficial kick-off of peak home buying and selling season. Even though it hardly feels like

By Parija Kavilanz, CNN New York (CNN) — Consumers bought fewer toys in all of 2023, including during the key Christmas toy-buying period, showing that households continue to pare back on discretionary products. The year-end gift-buying season typically accounts for a big chunk of annual toy sales. It’s why retailers entice shoppers with discounts and

By Eva Rothenberg, CNN New York (CNN) — Amazon has landed the rights to exclusively stream one National Football League playoff game next season on its Prime Video platform, a source familiar with the matter told CNN. The deal comes less than a month after NBCUniversal’s Peacock became the first-ever platform to exclusively livestream an

By Chris Isidore, CNN New York (CNN) — Twenty-one years ago, the National Football League would not allow Super Bowl ads from the Las Vegas Convention and Visitors Authority because it didn’t want even a whiff of gambling associated with the sport. On Sunday, the NFL will hold its first Super Bowl in Las Vegas,

By Alicia Wallace, CNN (CNN) — When Super Bowl Sunday rolls around each year — whether it’s in Miami, New Orleans, Los Angeles or Minneapolis — Las Vegas still draws the crowds. Football fans make a long weekend out of the event, they see some shows, eat some food, place some bets, lose some bets,

By Elisabeth Buchwald, CNN New York (CNN) — If you scored a Valentine’s Day reservation at a swanky Michelin-starred restaurant this year, you might wonder why an elite restaurant rating guide has the same name as a company that makes tires. All-weather radials and fine dining have little in common, after all. But, to chefs

CNN By David Goldman and Paradise Afshar, CNN (CNN) — A jury has awarded climate scientist Michael Mann more than $1 million in a defamation lawsuit he brought against a former scholar and a media personality who lampooned Mann’s work. The legal battle has been ongoing for more than a decade. Mann initially filed a

By Samantha Delouya, CNN (CNN) — Israel’s prolonged war with Hamas is going to become a significant economic and political burden for the country over the long haul, Moody’s said Friday. So the agency downgraded Israel’s credit rating. Moody’s Investors Service downgraded Israel’s debt rating from A1 to A2 on Friday, underscoring the economic damage