CNN – Business/Consumer

By Hannah Rabinowitz, CNN New York (CNN) — The US Justice Department filed a lawsuit Tuesday accusing Visa of illegally monopolizing the debit card market. For more than a decade, the department alleges, Visa has abused its dominant positionin the debit card market to force businesses to use Visa’s network instead of competitors’, and to stop new alternatives from entering the market. “We allege that

By Bryan Mena, CNN Washington (CNN) — America’s slowing job market is taking a toll on people’s moods. The Conference Board’s latest consumer survey showed that Americans became much more pessimistic about the US economy’s current health and the future of the job market. The monthly survey’s Consumer Confidence Index fell to a reading of

By Chris Isidore and Pete Muntean, CNN New York (CNN) — Boeing still has to make “significant changes” to improve the quality and safety of its airplanes, according to the head of the Federal Aviation Administration. In a congressional hearing on the FAA’s oversight of Boeing set for Tuesday morning, agency Administrator Michael Whitaker told

By Olesya Dmitracova, CNN London (CNN) — TikTok has removed accounts associated with two Russian media groups for trying to exercise what it called “covert influence” on the upcoming US presidential election, in violation of its guidelines. The accounts are linked to Rossiya Segodnya and TV-Novosti, the organizations behind the Sputnik news agency and the

By Jordan Valinsky, CNN New York (CNN) — Coca-Cola is discontinuing the production of its new Spiced flavor just six months after the soda hit shelves, marking the end of a disappointing attempt to attract younger drinkers. The company said in a statement that Coca-Cola is “always looking at what our customers like and adjusting”

By Elisabeth Buchwald, CNN New York (CNN) — It’s easy to see why many Americans would welcome former President Donald Trump’s proposal to cap credit card interest rates at less than half their current level — even if only temporarily. At $1.14 trillion, Americans’ credit card debt is at a record high, according to data

By Matt Egan, CNN New York (CNN) — More than 400 economists and former high-ranking US policymakers are endorsing Vice President Kamala Harris and her vision for the American economy, according to a document announcing the endorsement seen by CNN. The mass endorsement lands as Harris tries to erode former President Donald Trump’s lead on

By Julia Vargas Jones (CNN) — After a blackout of more than three weeks, X appears ready to comply with court orders in Brazil to restore access to its 21 million users in the country and end a protracted fight between billionaire CEO Elon Musk and the country’s highest court. Lawyers for X informed Brazil’s

By Clare Duffy, CNN New York (CNN) — Messaging platform Telegram is making some new concessions around safety and user privacy after the arrest of its founder and CEO Pavel Durov in France last month. Durov was arrested and interviewed by French prosecutors over suspected criminal activity on the platform, including gang transactions and trafficking,

By Sean Lyngaas, CNN (CNN) — A Pennsylvania health care system this month agreed to pay $65 million to victims of a February 2023 ransomware attack after hackers posted nude photos of cancer patients online, according to the victims’ lawyers. It’s the largest settlement of its kind in terms of per-patient compensation for victims of

By Ramishah Maruf, CNN New York (CNN) — In 2017, adult party game Cards Against Humanity bought land on the US-Mexico border to meddle with former President Donald Trump’s border wall. Now it’s suing over that land after another controversial billionaire has allegedly moved in without permission. Chicago-based Cards Against Humanity LLC, the publisher of

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — Boeing announced Monday that it raised its offer to the International Association of Machinists (IAM) union as the strike against the company enters its 11th day. The new offer would give members a 30% raise over the four-year life of the contract, including an

By Chris Isidore, CNN New York (CNN) — Kmart, once one of America’s leading discount retailers, is closing its last full-size store in the mainland United States. The store, in Bridgehampton, New York, on Long Island, is due to close October 20, according to an employee who answered the phone at the store Monday morning

By Sean Lyngaas and Kyle Feldscher, CNN (CNN) — The US Commerce Department on Monday will propose a ban on the sale or import of smart vehicles that use specific Chinese or Russian technology because of national security concerns, according to US officials. A US government investigation that began in February found a range of national security

By Jordan Valinsky, CNN New York (CNN) — Finally, an emoji to represent us all is coming soon: An exhausted face with bags under its eyes. It’s one of eight new emoji that will appear on smartphones and computers next year, which also include a root vegetable, a harp, a leafless tree, a fingerprint, a

By Clare Duffy, CNN New York (CNN) — OpenAI has claimed that creating ChatGPT would have been impossible without using copyrighted works. LinkedIn is using user resumes to polish up its artificial intelligence model. And Snapchat says if you use a certain AI feature, it might put your face in an ad. These days, people’s

By Nadia Leigh-Hewitson, CNN (CNN) — You’ve probably experienced the frustration of being misheard or misunderstood by a smart speaker or AI assistant. For people with non-standard speech, it can happen in nearly every interaction with this kind of technology — Israeli company Voiceitt aims to change that. By using personalized voice models, its AI-powered

By Jeanne Sahadi, CNN (CNN) — No matter how much money you have, every adult faces countless financial decisions every year — how to stay afloat, prosper, prepare for the future, enjoy life and minimize hardship. It’s … a lot. So if you’re looking for help along the way, there are plenty of increasingly low-cost

By Chris Isidore, CNN New York (CNN) — One of the most painful issues dividing labor and management in the strike at Boeing is the loss of the traditional pension plan for union members in 2014. The dispute has echoes of past labor disputes at Boeing, and at other companies, where workers have lost what

Reuters (Reuters) — General Motors (GM) will begin laying off 1,695 workers at its Fairfax Assembly plant in Kansas, the company said in a Worker Adjustment and Retraining Notification (WARN) notice earlier this week. The first of two rounds of layoffs will begin Nov. 18 and will include the temporary layoff of 686 full-time workers