CNN – Business/Consumer

Sergio Padilla, CNN (CNN) — AMC Entertainment is feeling the effects of Taylor Swift’s massive fan following. Shares of AMC (AMC) surged 11.5% in Friday afternoon trading after the movie theater chain announced that “Taylor Swift: The Eras Tour” concert film had grossed over $100 million in advance ticket sales. The company said in a

By Allison Morrow, CNN New York (CNN) — Sam Bankman-Fried’s fraud trial began just four days ago, and already jurors have heard testimony from one of his closest business partners who said, in essence, “we did the crimes, and we did them at SBF’s direction.” Gary Wang, the co-founder of now-bankrupt crypto exchange FTX, is

CNN By Kaitlyn Schwanemann, CNN (CNN) — The number of Latinos with advanced degrees has more than doubled in the last 20 years, according to a new Pew Research Center analysis. In the study, Pew found that in 2021, nearly 2.5 million Latinos held advanced degrees, compared to 710,000 in 2000. The study found Hispanic

By Kaitlyn Schwanemann, CNN (CNN) — The number of Latinos with advanced degrees has more than doubled in the last 20 years, according to a new Pew Research Center analysis. In the study, Pew found that in 2021, nearly 2.5 million Latinos held advanced degrees, compared to 710,000 in 2000. The study found Hispanic Americans

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — United Auto Workers President Shawn Fain said Friday that Ford, General Motors and Stellantis will all avert an expansion of the UAW’s work stoppages at this time, suggesting the unprecedented strikes against all three could be nearing an end. Fain said the union made

CNN Analysis by David Goldman, CNN New York (CNN) — The US economy feels lousy for so many people. So you’d think some really, really, shockingly good news about the job market would give Americans’ spirits a boost. It won’t. Here’s why: Inflation is still biting. Prices continue to rise faster than anyone would like.

By Peter Valdes-Dapena, CNN Business (CNN) — A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That’s not to mention a transmission, connecting the engine to the wheels, that’s a complex machine all

By Olesya Dmitracova, CNN London (CNN) — Union members have voted to restart industrial action at Chevron’s liquefied natural gas facilities in Australia, threatening renewed strikes that could disrupt about 7% of global LNG supply. The decision was announced Friday, two weeks after the US company and the Offshore Alliance, which represents two Australian labor

By Anna Cooban, CNN London (CNN) — Russia’s government announced Friday that it had largely reversed a ban on diesel exports imposed just two weeks ago in an attempt to stabilize domestic fuel prices. The Kremlin said in a statement that it had lifted a ban on oil refiners sending diesel via pipelines to ports

By Ella Nilsen, CNN (CNN) — People shopping for electric vehicles starting next year will be able to get a $7,500 federal tax credit off the sticker price while at the dealership, rather than having to wait months to receive their tax returns. The changes to how car buyers can get the federal tax break

By Alicia Wallace, CNN Minneapolis (CNN) — Fall is here, pumpkin spice lattes are flowing, and in some states, there’s a bite in the air from the first cold snap of the season. But not for the US jobs market: September was a scorcher. The US economy added an estimated 336,000 jobs last month, blowing

By Samantha Delouya, CNN Los Angeles (CNN) — The largest health care strike in US history is now in its third, and final, day. The temporary work stoppage will end at 6 am Pacific Time on Saturday morning, concluding a massive labor effort involving more than 75,000 health care workers and spanning four states. Picketers

By Wayne Chang and Juliana Liu, CNN Taipei/Hong Kong (CNN) — Taiwan is investigating whether four of its firms broke US sanctions or its own investment rules when they provided services to Chinese companies that are reportedly helping Huawei build chip factories. Emile Chang, a Ministry of Economic Affairs official in charge of reviewing investments,

By Oliver Darcy, CNN (CNN) — The Elon-Musk owned social media platform, X, confidently claims that it harnesses industry-leading brand safety tools to ensure a positive experience for advertisers on the platform — but a quick glance at where advertisements for prominent brands actually appear tells an entirely different story. Over the last 24 hours,

By Peter Valdes-Dapena and Greg Wallace, CNN (CNN) — The National Highway Traffic Safety Administration held a public meeting Thursday to discuss the possible recall of 52 million airbags produced by ARC Automotive and Delphi Automotive Systems. Inflators in these air bags, used in millions of vehicles from 11 different manufacturers, could potentially explode in

By Ramishah Maruf, CNN New York (CNN) — Two companies have recalled more than 70 million units of rolling candy due to choking hazards, the US Consumer Product Safety Commission said. Candy Dynamics is recalling 70 million “Slime Licker Sour Rolling Liquid Candy.” A separate company, Cocco Candy and KGR Distribution, recalled 145,800 units of

By Danielle Wiener-Bronner, CNN New York (CNN) — With prescriptions for semaglutide drugs, including Wegovy and Ozempic, on the rise, food sellers are increasingly fielding questions about the possibility of a significant shift in how — or how much — people eat. The increasingly popular drugs generally work by reducing patients’ appetites. With 1.7% of

By Liam Reilly, CNN (CNN) — Attorneys representing conspiracy theorist Mike Lindell and his company MyPillow in a defamation lawsuits brought by Dominion Voting Systems and Smartmatic have asked to withdraw from both cases after Lindell allegedly racked up millions in unpaid legal fees. In a court filings, Minnesota-based Parker Daniels Kibort said both Lindell

CNN By Parija Kavilanz, CNN New York (CNN) — It appears that the trusty, “sorry-not-sorry that I’m ugly” Crocs foam clog has found a way to get even weirder, this time with some western flair. On Thursday, Crocs unveiled something previously unimaginable. A Crocs cowboy boot, with spurs and all. Should we thank Taylor Swift

By Brian Fung and Clare Duffy, CNN New York (CNN) — The US Securities and Exchange Commission on Thursday applied for a court order to force Elon Musk to testify in an ongoing probe related to his acquisition of Twitter and public disclosures he made in connection with the deal, according to court filings. The