Money

By Bryan Mena, CNN Washington, DC (CNN) — Wall Street is clearly antsy for the Federal Reserve to begin cutting interest rates. Some think that could happen as soon as March. But Fed officials aren’t as optimistic, penciling in only three rate cuts this year, which is about half what the market is currently pricing.

By David Goldman, CNN New York (CNN) — Pat McAfee, the sports-talk sensation who has found life working for the “Worldwide Leader in Sports” can be more complicated than hosting his own YouTube show, has accused his new business partners of purposefully undermining him and his show. On a Friday broadcast of “The Pat McAfee

CNN By Oliver Darcy, CNN (CNN) — A controversial New York Times opinion piece that openly speculated this week whether Taylor Swift is a closeted queer person has drawn the ire of the pop superstar’s associates, CNN has learned. “Because of her massive success, in this moment there is a Taylor-shaped hole in people’s ethics,”

By Eva Rothenberg and David Goldman, CNN New York (CNN) — Boeing faces scrutiny over the safety of its aircrafts after an Alaska Airlines flight was forced to make an emergency landing Friday when a panel and window blew out. Although it’s unclear what or who was to blame for the incident, engineering and quality

By Chris Isidore, CNN New York (CNN) — Here’s something sure to make Elon Musk smile – short sellers, those investors who placed bets that the value of Tesla shares were going to go down, lost a combined $12.2 billion last year, more than short sellers lost on any other company in 2023. That estimate,

By Oliver Darcy, CNN (CNN) — A controversial New York Times opinion piece that openly speculated this week whether Taylor Swift is a closeted queer person has drawn the ire of the pop superstar’s associates, CNN has learned. “Because of her massive success, in this moment there is a Taylor-shaped hole in people’s ethics,” a

By Bryan Mena, CNN Washington, DC (CNN) — Community colleges provide access to postsecondary education at a much lower cost compared to four-year universities. But even as employers nationwide are struggling to find qualified workers, community college enrollment is barely beginning to recover from a two-decade steady decline and an even steeper dive when the

By Matt Egan, CNN New York (CNN) — Venture capitalist Ramanan Raghavendran is taking the helm of the University of Pennsylvania’s board of trustees following the sudden resignation of Scott Bok last month amid a firestorm of controversy. The school announced on Thursday that Raghavendran, a Penn graduate and managing partner of venture capital firm Amasia, is taking over as

By Samantha Delouya, Jeff Winter and Lauren del Valle, CNN (CNN) — The third round of documents from a lawsuit connected to Jeffrey Epstein, the convicted pedophile who died in jail before he could face trial on federal sex-trafficking charges, was publicly released Friday. Friday’s release included over thirteen hundred pages as of mid-afternoon, and

By Brian Fung, CNN (CNN) — A California state judge has ruled that Snap must face a lawsuit from families whose children allegedly used the Snapchat app to purchase fentanyl on the platform. Tuesday’s ruling by Los Angeles County Superior Court Judge Lawrence Riff permits a dozen claims to proceed against Snap from the relatives

By Jennifer Korn, CNN (CNN) — Google’s refusal to bargain with unionized YouTube Music workers is illegal, a Wednesday ruling from the US National Labor Relations Board (NLRB) found. After a group of Texas-based contract workers for YouTube Music unanimously voted last April to join the Alphabet Workers Union (AWU), Google refused to bargain over

By Anna Cooban and Robert North, CNN London (CNN) — Maersk announced Friday that it will suspend all shipping through the Red Sea for the “foreseeable future” because of the threat of attacks on vessels using the vital maritime trading route. The move comes after the Danish company paused transits through the area “until further

By Catherine Thorbecke, CNN New York (CNN) — Sam Altman called on the tech sector to have more “empathy” for Muslim, Arab, “and especially palestinian” colleagues amid the ongoing war in Gaza. The chief executive of ChatGPT-maker OpenAI, one of the most powerful startups in the world, said in a post on X that Muslim,

By Jordan Valinsky, CNN New York (CNN) — Some Verizon customers might have found an unexpected surprise in the mail this week: An opportunity to receive a refund as part of a proposed $100 million settlement from a class-action lawsuit. Eligible customers are receiving postcards or emails alerting them to file a claim by April

By Chris Isidore, CNN New York (CNN) — A federal labor regulator has filed a complaint against electric vehicle maker Lucid, accusing the company of firing two employees who supported a United Auto Workers union organizing effort at the company. The complaint was filed Tuesday by a regional director of the National Labor Relations Board

By Anna Cooban, CNN London (CNN) — China is opening an investigation into the price of brandy imported from the European Union in a move seen as retaliation for the bloc’s probe into an influx of cheap Chinese electric cars into Europe. The Chinese Ministry of Commerce told reporters Friday that it had launched the

By Laura He, CNN Hong Kong (CNN) — Tesla is recalling 1.6 million vehicles in China to fix problems with its Autopilot driver-assistance system and reduce the risk of collisions, a Chinese regulator said Friday. The issues can be fixed through over-the-air software updates, according to a statement from China’s State Administration for Market Regulation,

By Jordan Valinsky, CNN New York (CNN) — McDonald’s said that it’s experiencing “meaningful business impact” in the Middle East because of the war between Israel and Hamas, joining Starbucks in issuing public statements trying to squash misconceptions and boycotts affecting the brands. In a letter posted on LinkedIn, McDonald’s CEO Chris Kempczinski said that

By Alicia Wallace, CNN New York (CNN) — Friday’s jobs report marked a fitting end to what was an odds-defying year. The US economy added 216,000 jobs in December and the unemployment rate held steady at 3.7%, the Bureau of Labor Statistics reported Friday. The monthly total blew past expectations for a net gain of