Money

By Alicia Wallace and Ashley Killough, CNN Minneapolis (CNN) — An ExxonMobil executive who heads up the business unit that’s involved in a potential $60 billion mega-merger with Pioneer Natural Resources was arrested late last week in Texas for allegedly committing sexual assault. David Scott, senior vice president of ExxonMobil Upstream, was arrested at 9:24

By Sean Lyngaas, Donie O’Sullivan and Clare Duffy, CNN (CNN) — Misinformation has run rampant on Elon Musk’s social media platform X in the 48 hours since Hamas militants’ surprise attack on Israel, with users sharing false and misleading claims about the conflict and Musk himself pointing users to an account known for spreading misinformation.

CNN By Hadas Gold, Eyad Kourdi, Jonny Hallam, Ibrahim Dahman, Helen Regan and Tara John, CNN Jerusalem and Gaza (CNN) — Israel’s Prime Minister Benjamin Netanyahu said Monday that the Israeli military would attack Hamas with a force “like never before,” as the militant group threatened to kill civilian hostages if airstrikes target Gaza without

By Matt Egan, CNN New York (CNN) — Business leaders across the United States have expressed outrage and solidarity with Israel after the deadly surprise attack by Hamas. JPMorgan Chase CEO Jamie Dimon said Sunday the bank stands with Israel, instructing employees there to work remotely for the foreseeable future, a person familiar with the

By Nicole Goodkind, CNN New York (CNN) — Pharmacy staff at some Walgreens stores locked their gates and walked out Monday, citing harsh working conditions that make it difficult to safely fill prescriptions. CNN confirmed pharmacy closures at some Walgreens locations in Arizona, Washington, Massachusetts and Oregon, and pharmacy staff and customers are posting to

By Nicole Goodkind, CNN New York (CNN) — This month marks the first time in more than three years that federal student loan borrowers will be required to make monthly repayments. The Trump and Biden administrations enacted and then expanded a pandemic-related pause for about 44 million borrowers by freezing their accounts and restricting interest

By Anna Cooban and Hanna Ziady, CNN London (CNN) — Claudia Goldin, a professor at Harvard University, was awarded the Nobel Prize in economics Monday for her research into women’s income and employment. The Royal Swedish Academy of Sciences said Goldin had “uncovered key drivers of gender differences in the labor market.” After analyzing more

By Laura He, CNN Hong Kong (CNN) — China has concluded its Golden Week holiday on a muted note, with key travel and spending data showing weaker-than-expected recovery in consumption amid a wider economic slump. A total of 826 million trips were made in mainland China during the eight days to October 6, which was

By Hanna Ziady, CNN London (CNN) — Jaime Gilinski Bacal, a Colombian banking and real estate entrepreneur, has taken control of Metro Bank as part of a bigger rescue deal to fill a hole in the UK lender’s finances. Metro Bank said in a statement late on Sunday that it had raised £325 million ($396

By Nouran Salahieh, CNN (CNN) — The Powerball jackpot swelled to an estimated $1.55 billion for Monday night’s drawing after weeks with no grand prize winner. Monday night’s winning numbers were 16, 34, 46, 55, 67 and Powerball 14. The new mammoth prize up for grabs Monday ranks as the third largest Powerball jackpot and

By Chris Isidore and Artemis Moshtaghian, CNN New York (CNN) — The United Auto Workers union says nearly 4,000 members are on strike at heavy truck manufacturer Mack Trucks after voting down a tentative agreement reached a week ago. The union said 73% of its workers had voted against the proposed deal. “I’m inspired to

CNN By David Goldman and Michelle Toh, CNN New York/Hong Kong (CNN) — Oil prices surged and the Israeli currency fell at the start of the week as investors reacted to war between Hamas and Israel. US stocks, which soared Friday on a surprisingly strong American job market report, staged a comeback Monday afternoon after

By David Goldman and Michelle Toh, CNN New York/Hong Kong (CNN) — Oil prices surged and the Israeli currency fell at the start of the week as investors reacted to war between Hamas and Israel. US stocks, which soared Friday on a surprisingly strong American job market report, staged a comeback Monday afternoon after falling

By Ramishah Maruf, CNN New York (CNN) — Americans celebrate Indigenous Peoples’ Day and Columbus Day on the second Monday of October each year. Indigenous Peoples’ Day recognizes the contributions and legacy of those who lived here long before Christopher Columbus erroneously claimed to have discovered America. President Joe Biden formally recognized Indigenous Peoples’ Day

By Elisabeth Buchwald, CNN New York (CNN) — From actors to autoworkers, more than 450,000 workers have participated in 312 strikes in the United States this year, according to Cornell University’s Labor Action Tracker. Are all of these workers missing from the US government’s monthly jobs reports? The report produced by the Bureau of Labor

By Anna Bahney, CNN Washington, DC (CNN) — The average US mortgage rate hit 7.49% this week, the highest level in 23 years. But the rate you may be able to secure from a lender could be very different. It could either be a good bit higher than the current average, or lower. It all

By Emma Tucker, CNN (CNN) — The already historic Powerball jackpot climbed to an estimated $1.55 billion after there was no big winner in Saturday night’s drawing, leaving the third largest prize in the game’s history still up for grabs. If the jackpot is won in the next drawing on Monday, a lucky player would

By Nicole Goodkind, CNN New York (CNN) — Airlines scrambled to cancel flights into Israel early Saturday after Palestinian militants launched a surprise attack, firing thousands of rockets from Gaza into nearby Israeli towns during a Jewish holiday. As of Saturday afternoon, about 16% of flights were canceled and 23% were delayed to Ben Gurion

By Samantha Delouya, CNN (CNN) — More than 75,000 unionized Kaiser Permanente employees are returning to work after a historic three-day strike. But an even bigger, longer work stoppage could be just around the corner. This week’s temporary work stoppage — the largest health care strike in US history — concluded at 6 am PT

By Nathaniel Meyersohn, CNN New York (CNN) — Three generations of Lynda Jackson’s family have worked in Detroit’s auto plants, and three generations have been union members. Her father moved from Alabama to Detroit in the 1960s to work at Chrysler. Her uncles, stepmother and cousins all worked at Ford, General Motors and Chrysler (now