Money

By Samantha Delouya, CNN (CNN) — Party City exited bankruptcy on Wednesday after a US judge signed off on the retailer’s reorganization plans. The plan cancels nearly $1 billion of Party City’s debt, and while some of Party City’s nearly 800 US stores will close due to the bankruptcy agreement, the majority will stay open,

By Oliver Darcy, CNN (CNN) — Jen Psaki’s cable news show is expanding into prime time. The former White House press secretary turned MSNBC personality will begin hosting the network’s Monday 8pm ET hour starting on September 25. Psaki has hosted “Inside with Jen Psaki” on Sundays at 12pm ET since the spring of this

By Nicole Goodkind, CNN New York (CNN) — Shares of Apple fell by 2.9% on Thursday following reports that China plans to expand a ban on the use of iPhones to government-backed agencies and companies. Investors are fretting over the ability of the world’s most valuable public company to do business in the world’s second-largest

By Jeanne Sahadi, CNN New York (CNN) — The phrase “pension benefits” may come up a lot in the next several days as negotiations between the United Auto Workers union and the Big Three automakers go down to the wire to avert a strike. But for most private-sector US workers, pensions disappeared long ago. In

By Elisabeth Buchwald, CNN New York (CNN) — There are many reasons why gas prices could shoot up in the near future, but the Biden administration’s ban on oil drilling on millions of acres in Alaska in unlikely to be one of them. The ban, announced on Wednesday, cancels seven Trump-era oil and gas leases

CNN By Elisabeth Buchwald, CNN New York (CNN) — There are many reasons why gas prices could shoot up in the near future, but the Biden administration’s ban on oil drilling on millions of acres in Alaska in unlikely to be one of them. The ban, announced on Wednesday, cancels seven Trump-era oil and gas

By Nathaniel Meyersohn, CNN New York (CNN) — You’re going to need a play-call sheet to keep track of where to watch the National Football League on television this season. The NFL season kicked off Thursday night with the Detroit Lions winning a surprise upset over the reigning Super Bowl champion Kansas City Chiefs.(NBC and

By Krystal Hur, CNN New York (CNN) — Taylor Swift’s fans know the greatest films of all time were never made, but that could be called into question come October 13, when her Eras Tour concert movie is set for release in North America. The bigger question might be: Why did Swift decide to release

By Parija Kavilanz, CNN New York (CNN) — Pinterest on Thursday said it has harnessed AI to develop technology that would deliver greater representation of diverse body types in its search results. Using shape, size and form to identify body types in images, the new body-type technology lets people search results that show bodies like

By Lauren Kent London (CNN) — The CEO of Ryanair, Michael O’Leary, was pied in the face during a Thursday visit to Brussels in a stunt by climate activists. O’Leary was outside the European Commission preparing to deliver a petition calling for “overflights” to be protected during air traffic control strikes when he was hit

By Bryan Mena, CNN Washington, DC (CNN) — After a summer of robust consumer spending, America’s bars, hotels and restaurants say the era of post-pandemic splurging by US consumers has likely drawn to a close. That includes “revenge travel” — a phenomenon in which consumers spent big on dining out and travel to make up

By Kara Scannell, CNN New York (CNN) — Ryan Salame, a former top executive of FTX, the now-bankrupt cryptocurrency trading platform, has pleaded guilty to criminal charges in a New York courtroom on Thursday afternoon. He has also agreed to forfeit $1.5 billion. The plea comes less than one month before Sam Bankman-Fried, co-founder of

By Clare Duffy, CNN New York (CNN) — Snapchat says it’s working to make its app even safer for teen users. Parent company Snap said Thursday that it is rolling out a suite of new features and policies aimed at better protecting 13- to 17-year-old users, including restrictions on friend suggestions and a new system

By Anna Bahney, CNN Washington, DC (CNN) — US mortgage rates ticked down for the second week in a row but remain above 7%. It’s the fourth consecutive week rates have been above 7% as inflation pressure lingers. The 30-year fixed-rate mortgage averaged 7.12% in the week ending September 7, down from 7.18% the week

By Chris Isidore, CNN New York (CNN) — President Joe Biden may hope the United Auto Workers union will not strike the nation’s three unionized automakers. But right now about all he can do is hope. Biden doesn’t have the legal authority he would have if a freight railroad or airline was threatening to strike.

By Jordan Valinsky, CNN Business New York (CNN) — Gatorade’s newest beverage doesn’t look or taste like its other neon-bright drinks. In fact, it’s just water. The PepsiCo-owned brand, best known for its fruit-flavored sports drinks like Fierce Grape or Frost Glacier Cherry, is adding Gatorade Water. It’s a major bet that the brand can

By Andy Rose, CNN (CNN) — Attorneys who filed a proposed class-action lawsuit against Hawaiian Electric, accusing the utility company of causing the devastating Lahaina wildfire in Maui, are asking a judge to let them expand the suit to include telecommunications companies along with private and public landowners. The Hawaiian wildfires, which began on August

By Aimee Look and Mostafa Salem, CNN Abu Dhabi (CNN) — With its glitzy luxury resorts and a world-renowned horse racing industry, the United Arab Emirates soon might have a new card to play in attracting visitors — gambling. The UAE introduced a new regulatory body to oversee commercial gaming on Monday, made up of

By Anna Cooban, CNN London (CNN) — British American Tobacco has struck an agreement to sell its businesses in Russia and Belarus, the company announced Thursday, more than 18 months after Moscow’s full-scale invasion of Ukraine sparked a mass exodus of Western firms from Russia. BAT (BTI) said in a statement that it had entered

By Oliver Darcy, CNN (CNN) — Elon Musk’s crusade to demonize the Anti-Defamation League is showing no signs of ending. The billionaire, burning white-hot anger at the Jewish nonprofit because it had the audacity to point out how hate speech has flourished on his X/Twitter platform, continued on Wednesday smearing the ADL and unleashing a