Money

By Erika Tulfo, CNN (CNN) — Shares of beleaguered exercise equipment company Peloton rallied sharply on Thursday after it reported its first rise in sales since 2021. The home fitness company brought in $644 million in sales, up 0.2% from the year before, and its shares surged more than 35%. That might not sound like

By Chris Isidore, Ramishah Maruf and Paula Newton, CNN New York (CNN) — The Canadian government stepped in to end a shutdown of the nation’s two major freight railroads less than 17 hours after it started, ordering binding arbitration to end the labor dispute that threatened severe disruptions in both the US and Canadian economies.

CNN By Chris Isidore, CNN New York (CNN) — Canada’s two major freight railroads have shut their operations, according to management of the two companies, locking out 9,000 members of the Teamsters union who operate the trains and dealing a potential blow to both the Canadian and US economies. Nearly a third of the freight

CNN By Marshall Cohen, CNN Washington (CNN) — Taylor Swift didn’t endorse former President Donald Trump last weekend. Ryan Reynolds wasn’t photographed wearing a pro-Kamala Harris shirt. And the Communist Party USA never backed President Joe Biden’s now-defunct campaign. But these false claims about the 2024 campaign, and dozens of other posts with similar fake

By Jordan Valinsky, CNN New York (CNN) — Walmart is hoping Burger King will give its subscription program a whopper of an advantage over Amazon. The retailer is partnering with the fast-food chain to give members of its $98-a-year subscription program, Walmart+, a 25% discount on Burger King orders every day and free Whoppers every

By Jeanne Sahadi, CNN New York (CNN) — Love or hate politics, they may be hard to ignore this fall given how strongly many people feel on both sides of the aisle about the presidential race and key ballot issues, not to mention world events. And going to work may not offer a respite. Gallup

By Olesya Dmitracova, CNN London (CNN) — McDonald’s has unveiled plans to open more than 200 new restaurants in the United Kingdom and Ireland, which it expects will create over 24,000 jobs. As part of the rollout, the fast-food giant will test new restaurant formats, such as “drive to” and smaller stores, as well as

By Elisabeth Buchwald, CNN New York (CNN) — What do a mountainside resort and economists have in common? Next to nothing, if it weren’t for an annual invite-only summit the Kansas City Federal Reserve hosts at the Jackson Lake Lodge nestled in a valley by the Teton mountains just outside Jackson Hole, Wyoming. And it’s

By Marshall Cohen, CNN Washington (CNN) — Taylor Swift didn’t endorse former President Donald Trump last weekend. Ryan Reynolds wasn’t photographed wearing a pro-Kamala Harris shirt. And the Communist Party USA never backed President Joe Biden’s now-defunct campaign. But these false claims about the 2024 campaign, and dozens of other posts with similar fake endorsements,

By Nectar Gan and Hassan Tayir, CNN Hong Kong (CNN) — Hungry tourists hiking on the Great Wall of China can now get their lunch delivered – from the air. Chinese food delivery giant Meituan says its new drone service, announced last week, will bring food, drinks and other goods such as medical supplies to

By Chris Isidore, CNN New York (CNN) — Canada’s two major freight railroads have shut their operations, according to management of the two companies, locking out 9,000 members of the Teamsters union who operate the trains and dealing a potential blow to both the Canadian and US economies. Nearly a third of the freight handled

By Liam Reilly, CNN New York (CNN) — Google struck a first-in-the-nation deal with California lawmakers on Wednesday to fund newsrooms in the state and end proposed legislation that would have forced technology giants to pay for the right to distribute news content. But the agreement was immediately met with fierce criticism from journalist unions,

By Matt Egan, CNN New York (CNN) — Oil giant Halliburton said Wednesday it’s grappling with a computer system issue reportedly linked to a cyberattack. A person familiar with the matter told Reuters that Halliburton was hit by a cyberattack that appears to be impacting business operations at the company’s Houston campus and some global

CNN By Hadas Gold and David Rind, CNN Chicago (CNN) — At the Democratic National Convention creators’ lounge for digital influencers, the cookies are a big hit. Sure, there’s the ones bearing Vice President Kamala Harris and Minnesota Gov. Tim Walz’s faces, but the most popular baked snack is lime green, topped with the phrase “To the window, to the Walz,” a cheeky Walz-take on the millennial hit

By Hadas Gold and David Rind, CNN Chicago (CNN) — At the Democratic National Convention creators’ lounge for digital influencers, the cookies are a big hit. Sure, there’s the ones bearing Vice President Kamala Harris and Minnesota Gov. Tim Walz’s faces, but the most popular baked snack is lime green, topped with the phrase “To the window, to the Walz,” a cheeky Walz-take on the millennial hit “Get

By Alicia Wallace, CNN Minneapolis (CNN) — When Vice President Kamala Harris selected Minnesota Gov. Tim Walz as her running mate, the national spotlight fell on the North Star State. Upper Midwest culture and cuisine turned into lighthearted talking points for the talking heads: the long-winded “Minnesota Goodbyes”; the duality of “Minnesota Nice”; and the

CNN By Alicia Wallace, CNN (CNN) — US job growth during much of the past year was significantly weaker than initially estimated, according to new data released Wednesday. The Bureau of Labor Statistics’ preliminary annual benchmark review of employment data suggests that there were 818,000 fewer jobs in March of this year than were initially

By David Goldman, CNN (CNN) — Ford on Wednesday acknowledged America’s electric vehicle market just isn’t what the automaker expected it to be: Customers are increasingly price-conscious and range-anxious. So, Ford is making big changes to its EV plans, focusing on hybrids and affordability. The company announced Wednesday that it is adjusting its roadmap for

By Jordan Valinsky, CNN New York (CNN) — It’s still summer, but the Pumpkin Spice Latte is coming back to Starbucks earlier than ever. Beginning Thursday, the fall favorite beverage returns to US menus — two days earlier than in 2023. Its return also marks the launch of Starbucks’ full autumn menu, which includes pumpkin-