Money

By Bryan Mena, CNN Washington (CNN) — US mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer when mortgage rates fell in anticipation of a rate cut from the Federal Reserve as inflation improved. The average rate on a

By Auzinea Bacon, CNN New York (CNN) — Keurig Dr Pepper will expand its energy drink business by acquiring the brand Ghost for more than $1 billion. The range of Ghost’s energy drink flavors, in partnership with sweet brands like Sour Patch Kids and Oreo, sets Keurig up to appeal to a younger audience, the

By Brian Stelter and Liam Reilly, CNN New York (CNN) — The Fox News Channel’s recent segment about Donald Trump’s “surprise” visit to a barbershop in the Bronx resembled a campaign ad for the former president’s reelection. Trump was seen taking questions and making small talk with Black and Hispanic barbershop customers and workers, some of whom were wearing

By Jordan Valinsky, CNN New York (CNN) — A Colorado man has filed the first lawsuit against McDonald’s relating to its E. coli outbreak linked to Quarter Pounders that, so far, has led to at least 49 illnesses across 10 states, including one death. The lawsuit was filed one day after the US Centers for

By Elisabeth Buchwald, CNN New York (CNN) — This year’s election is shaping up to be particularly ugly for the business world, with two presidential candidates who could not be further apart in their approaches to taxes and regulation. On top of that, control of Congress is also up for grabs, which could significantly hurt

Analysis by Allison Morrow, CNN New York (CNN) — The billionaires who control social media want to be clear about what’s OK to post online and what’s not. For X (formerly Twitter), just about anything goes, including neo-Nazi propaganda, crypto scams and porn (as long as it’s labeled properly). For Facebook and Instagram, the rules

Story by Associated Press (AP) — A Polish radio station has triggered controversy after dismissing its journalists and relaunching this week with AI-generated “presenters.” Weeks after letting its journalists go, OFF Radio Krakow relaunched this week, with what it said was “the first experiment in Poland in which journalists … are virtual characters created by

By Chris Isidore, CNN New York (CNN) — The strike by 33,000 workers at Boeing will continue after rank-and-file union members rejected an offer from the company in a vote on Wednesday and decided to remain on the picket lines instead. The membership of the International Association of Machinists voted 64% against the deal, the union

By Liam Reilly, CNN New York (CNN) — The leader of the Los Angeles Times’ editorial board said Wednesday she has resigned from her post in protest after the newspaper’s owner blocked a decision to endorse Kamala Harris in the presidential election. “I am resigning because I want to make it clear that I am

By Brian Stelter, CNN New York (CNN) — Lawyers for CBS News are rebuffing a legal threat from Donald Trump over the network’s “60 Minutes” interview with Kamala Harris, telling the former president his demands are based on a “faulty premise.” In a blunt letter to Trump’s legal counsel, the network on Wednesday said the

By Chris Isidore, CNN New York (CNN) — Tesla Wednesday reported an unexpected improvement in earnings for the third quarter, lifting its recently battered shares in after-hours trading. The company reported a 6% increase in sales volume, which was fairly modest for an automaker that not long ago was reporting 50% annual growth in vehicles

By Nicole Goodkind and Lucy Bayly, CNN New York (CNN) — US stocks took a dive Wednesday as mounting concerns over big tech earnings, rising Treasury yields and political uncertainty drove down all three major indexes. Investors have been increasingly on edge about the prospect of former President Donald Trump winning the election, a possibility

By Jordan Valinsky, CNN New York (CNN) — Tickets for this year’s highly anticipated World Series between the New York Yankees and Los Angeles Dodgers are set to be the most expensive ever. The average ticket price is hovering around $1,703 on the secondary market, according to reseller TickPick. That narrowly edges out the previous

By Anna Cooban, CNN London (CNN) — ChatGPT can be duped into providing detailed advice on how to commit crimes ranging from money laundering to the export of weapons to sanctioned countries, a tech startup found, raising questions over the chatbot’s safeguards against its use to aid illegal activity. Norwegian firm Strise ran two experiments asking

By Ramishah Maruf, CNN New York (CNN) — The US Consumer Financial Protection Bureau ordered Goldman Sachs and Apple to pay $89 million, and Goldman was temporarily banned from issuing new credit cards, because of the companies’ mishandling of their Apple Card partnership. The failures left customers with unresolved charge disputes and, in some cases,

By Nathaniel Meyersohn, CNN New York (CNN) — Abercrombie & Fitch has spent years trying to scrub the memory of longtime former CEO Mike Jeffries and the associated sexualized marketing campaigns with shirtless male models that he crafted. Since Jeffries exited as CEO in 2014 after more than two decades, Abercrombie ditched the perfume-drenched stores,

By Jordan Valinsky, CNN New York (CNN) — Goldfish crackers are synonymous with hungry kids, but the company is betting that a sophisticated name change could expand that audience. The Pepperidge Farm snack brand is tweaking its name for a limited time to “Chilean Sea Bass,” a more grown-up title, the Campbell’s Company announced Wednesday.

By David Goldman, CNN New York (CNN) — A day after an E. coli outbreak tied to Quarter Pounders in the western part of the United States left one dead and 10 hospitalized, McDonald’s entered full damage-control mode. “We are very confident that you can go to McDonald’s and enjoy our classics,” McDonald’s USA President

By Jordan Valinsky, CNN New York (CNN) — Starbucks’ new CEO Brian Niccol has a Herculean task in front of him to change the dire state of affairs that the world’s largest coffee chain is currently brewing in. Surprising Wall Street, the company unexpectedly released its preliminary earnings report Tuesday evening, revealing sales fell –

By Chris Isidore, CNN New York (CNN) — Boeing reported huge quarterly losses Wednesday, as new CEO Kelly Ortberg conceded “it will take time to return Boeing to its former legacy.” “Going forward, we will be focused on fundamentally changing the culture, stabilizing the business, and improving program execution,” Ortberg said in the company’s quarterly