Money

By Jeanne Sahadi, CNN Business Inflation may be pushing prices up, but it also may help push up your take-home pay starting next year. Thanks to inflation adjustments to 2023 federal income tax brackets and other provisions announced by the Internal Revenue Service this week, more of your 2023 wages may be subject to lower

By Nathaniel Meyersohn, CNN Business The proposed $25 billion Kroger-Albertsons grocery giant merger is already running into significant opposition from progressive lawmakers and others. Sen. Elizabeth Warren of Massachusetts on Wednesday called on the Federal Trade Commission to block the deal. “More mergers and less competition would mean even higher prices—and layoffs for employees,” Warren

By Matt McFarland, CNN Business Waymo, the robotaxi provider of Google’s parent company Alphabet, said Wednesday that it will expand its ridehail service to Los Angeles. Waymo declined to say when fully autonomous car rides will be available to the public in the country’s second largest metropolitan area. Waymo will begin with approximately a dozen

By Jordan Valinsky, CNN Business Nestlé is issuing a voluntary recall for its refrigerated, ready-to-bake Nestlé Toll House Stuffed Chocolate Chip Cookie Dough with Fudge Filling because of the “potential presence of white plastic pieces.” The products in question were made between June and September 2022 and were sold in the continental United States as

By Peter Valdes-Dapena, CNN Business Foxconn, the Taiwanese company best known for building Apple’s iPhones, recently showed off two new electric vehicles at an event in Taipei as the company expanded on its plans to do for cars what it’s already done for phones. The company, officially Hon Hai Technology Group but better known as

By Frank Pallotta, CNN Business The NFL is expanding its hold on Thanksgiving weekend and building its relationship with Amazon and the world of live-sports streaming. The league announced Tuesday that it is creating the first-ever Black Friday game, which starting next year will take place the day after the NFL’s traditional Thanksgiving games and

by Devon M. Sayers Girl Scouts of the USA received its largest ever donation from a single individual, a gift of $84.5 million from MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, the group said in a release. The donation will be awarded to 29 local councils selected by Scott, along with the national

By Matt McFarland, CNN Business Gas stations with convenience stores seem like an obvious location for electric vehicle chargers. Drivers could grab a drink or snack while waiting for their vehicle to charge. But despite available federal funding to build EV chargers, many stores aren’t biting. The reason? High electric utility fees on charging stations

By Vanessa Yurkevich, CNN Florida farmers and ranchers lost up to $1.56 billion in crops, livestock, and nursery and aquaculture products due to the devastation caused by Hurricane Ian, according to a new preliminary analysis from the University of Florida released Tuesday. The assessment done by the UF/IFAS Economic Analysis program puts the preliminary losses

By Hanna Ziady and Joseph Ataman, CNN Business Only about half the trains on regional and intercity lines were running Tuesday in France and Eurostar canceled some services between London and Paris, as a strike by energy workers spilled over into other sectors of the economy. One in two trains were canceled on some suburban