Money

By Rhea Mogul and Sania Farooqui, CNN For nearly a minute, the 4-year-old boy attempts to valiantly escape the hungry pack of stray dogs as they circle around him. The boy, who has not been publicly identified, is dragged by the pack for several feet. He strives to wrestle from their grip, but his small

Reuters General Motors plans to phase out widely used Apple CarPlay and Android Auto technologies that allow drivers to bypass a vehicle’s infotainment system, shifting instead to built-in infotainment systems developed with Google for future electric vehicles. Apple CarPlay and Android Auto systems allow users to mirror their smartphone screens in a vehicle’s dashboard display.

By Krystal Hur, CNN After a stormy 2022, US stocks gained during the first quarter of 2023 in a surprise show of resilience despite a banking crisis, cryptocurrency meltdowns and uncertainty about what’s ahead for the economy. Still, nothing about the first quarter’s performance was linear. The broad-based S&P 500 seesawed throughout the quarter, ending

By Marshall Cohen and Oliver Darcy, CNN Dominion Voting Systems’ historic defamation case against Fox News will proceed to a high-stakes jury trial in mid-April, a Delaware judge ruled Friday, in a major decision that dismantled several of the right-wing network’s key defenses. The judge’s decision is a painful setback for Fox News and sets

By Oliver Darcy and Marshall Cohen, CNN Fox News swiftly banned then-President Donald Trump’s election-denying lawyers from appearing on the right-wing channel in December 2020 after being threatened with a defamation suit, a text message made public on Friday revealed. The message was made public as part of Dominion Voting Systems’ ongoing $1.6 billion defamation

By Ella Nilsen, CNN When the Biden administration’s proposed rule for which vehicles qualify for its revamped EV tax credit goes into effect on April 18, the number of eligible cars will actually shrink. President Joe Biden and auto companies face a conundrum as they try to exponentially increase the number of electric vehicles on

By Chris Isidore, CNN Norfolk Southern CEO Alan Shaw got $9.8 million in total compensation in 2022, more than double the $4.7 million he received in 2021. Shaw was promoted to the top job in May. Shaw has been the face of the railroad since a derailment of one of its trains in East Palestine,

By Alicia Wallace, CNN The Federal Reserve’s preferred inflation gauge cooled back down in February after ticking up unexpectedly the month before, a welcome sign in the central bank’s long battle to bring down historic price increases. The Personal Consumption Expenditures price index rose 5% for the 12 months ended in February, lower than January’s

By Julia Horowitz, CNN Inflation in Europe has fallen to its slowest pace in more than a year, though stark signs of persistent underlying pressure on prices will complicate policymakers’ next move on borrowing costs. Prices in the 20 countries that use the euro rose 6.9% this month compared with a year ago, the European

By Nicole Goodkind, CNN It cost the Federal Deposit Insurance Corporation about $23 billion to clean up the mess that Silicon Valley Bank and Signature Bank left in the wake of their collapses earlier this month. Now, as the dust clears and the US banking system steadies, the FDIC needs to figure out where to