Money

By Matt Egan and David Goldman, CNN (CNN) — Former President Donald Trump’s social media stock is plunging just ahead of the election, cutting deeply into his net worth. After an absurd spike over the past five weeks that was based entirely on Trump’s perceived reelection prospects — and had nothing to do with the

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week strike. The result of that vote will have significant implications not just for them, but for the company, global travel and the broader economy. The deal

By Brian Stelter, CNN New York (CNN) — Two veteran writers who resigned from The Washington Post over its non-endorsement decision are joining The Atlantic. Robert Kagan and Danielle Allen are coming aboard as contributing writers, The Atlantic’s editor-in-chief Jeffrey Goldberg said Friday. The move comes one week after the Post announced it was ending

By Jordan Valinsky, CNN New York (CNN) — Wendy’s is closing 140 restaurants in the coming months, the fast food chain announced this week. But the company said it would open an equal number of new locations in areas it believes can generate better business for Wendy’s. The restaurants targeted to close are “outdated and

By Nathaniel Meyersohn, CNN New York (CNN) — Consumers are turning away from pricier Starbucks coffee, McDonald’s Big Mac meals, Doritos chips, Monster energy drinks and Heineken beer. But they can’t stop guzzling Coke and Dr Pepper. Both Coca-Cola and Dr Pepper said last week on quarterly earnings calls that they sold more soda cases

By Ramishah Maruf, CNN New York (CNN) — Election Day is around the corner, and along with an “I Voted” sticker, some companies are offering perks from a discounted ride to the polls to a free sweet treat. While it’s illegal to reward people for voting or paying people to register to vote (as evidenced

By Matt Egan, CNN New York (CNN) — In 2020, former President Donald Trump warned that the historic stock market boom on his watch would implode if voters replaced him with Joe Biden. “If you want your 401k’s and stocks…to disintegrate and disappear, vote for the Radical Left Do Nothing Democrats and Corrupt Joe Biden,”

By Alicia Wallace, CNN (CNN) — The monthly jobs report — the final piece of major economic data to land before a consequential, contentious and too-close-to-call election — was clear as mud. The US economy added just 12,000* jobs in October, according to data released Friday by the Bureau of Labor Statistics. If the initial

By Rashard Rose and Jon Passantino, CNN (CNN) — Former President Donald Trump filed a lawsuit Thursday against CBS, demanding $10 billion in damages over the network’s “60 Minutes” interview with Vice President Kamala Harris. The suit was immediately ridiculed by First Amendment attorneys, who called it “frivolous and dangerous.” In the complaint filed in

By Elisabeth Buchwald, CNN New York (CNN) — For months, many Republicans, including former President Donald Trump, have been quick to assert — without proof — that subsequent downward revisions to initial employment estimates published by the Bureau of Labor Statistics were intentional in order to mask the true state of the economy at the

By Alicia Wallace, CNN (CNN) — The barrage of economic data released so far this week has painted a pretty clear picture: Growth is rock solid, and inflation is all but tamed. In any other month, the finishing touch would be a clean reading on the labor market from the official jobs report. However, it’s

By Alicia Wallace, CNN (CNN) — Inflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed prices rose 2.1% for the year ended in September, a slowdown from 2.3% in August, according to Commerce Department

By Clare Duffy, CNN New York (CNN) — Apple CEO Tim Cook said the company’s Apple Intelligence AI tools would “supercharge” the iPhone 16 when he introduced the new device last month. On Thursday, the world got its first glimpse of what Apple’s artificial intelligence technology has meant for iPhone sales. iPhone sales for the

By Hanna Ziady and Anna Chernova, CNN London (CNN) — Russia is seeking an unfathomable sum of money from one of the world’s biggest tech companies. Google reportedly owes the Kremlin more than 2 undecillion rubles — a 2 followed by 36 zeroes — after refusing to pay fines that are now accruing for blocking

By Matt Egan, CNN New York (CNN) — Millions of Americans are frustrated that their dollars aren’t going as far as they once did at the supermarket, on rent or on car insurance. Judy Shelton, a controversial economist who has been floated as a potential pick by former President Donald Trump to lead the Federal

By Jeanne Sahadi, CNN (CNN) — A lot of people stick with their bank for years. Many, many years. That may be because they’re satisfied with the services they get. But in some instances it may be because it’s just too much of a hassle to move their money, especially if they have automated bill

By Nathaniel Meyersohn, CNN New York (CNN) — Starbucks is bringing back hand-written names in Sharpie on cups and self-serve stations with sugar and cream to try to win back customers. Baristas handwriting customers’ names and messages on their drink orders in marker will make a comeback, new Starbucks CEO Brian Niccol said Wednesday on a

By Hadas Gold, CNN New York (CNN) — The Washington Post, Los Angeles Times and USA Today may have declined to endorse a candidate in this year’s presidential election. But former President Donald Trump doesn’t see it that way. Speaking at a rally in North Carolina, Trump claimed Wednesday that the papers’ non-endorsements are actually

By John Towfighi, CNN (CNN) — A fired Disney employee allegedly hacked into the company’s servers to alter its restaurant menus, including falsifying allergen information and printing profane language, according to a federal criminal complaint filed in Florida. The complaint, filed October 23 in the US District Court for the Middle District of Florida, does