Money

Story by Reuters (Reuters) — Elon Musk’s polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker’s U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire’s persona. The findings quantify for the first time how the political actions of the world’s wealthiest person – including his role

By David Goldman, CNN (CNN) — In a stunning and significant pushback to the “doomsday” climate activist community, Bill Gates, a leading proponent for carbon emissions reductions, published a remarkable essay Tuesday that argued resources must be shifted away from the battle against climate change. Instead, Gates argues, the world’s philanthropists must increase their investment

By Elisabeth Buchwald, Alicia Wallace, CNN (CNN) — Hundreds of thousands of American soybean farmers are suffering from a monthslong effective embargo by China as part of a global trade war. Among them: Treasury Secretary Scott Bessent. “I’m actually a soybean farmer,” Bessent said over the weekend in an ABC News interview. “I have felt

By Bryan Mena, Annette Choi Washington (CNN) — President Donald Trump said he has decided who will become the most powerful figure in the US economy. The president on Sunday said he made up his mind and will be making an announcement. The looming nomination caps a months-long search process led by Treasury Secretary Scott

By Brian Stelter, CNN (CNN) — CNN is introducing a streaming subscription option called All Access, charting a new course in a media era defined by direct-to-consumer relationships and mobile-first news reports. The new service, which is built into CNN’s existing apps and websites, features multiple live TV streams of news coverage and exclusive content.

By Ramishah Maruf, CNN New York (CNN) — Amazon said it would cut 14,000 corporate staffers this year in a mass layoff aimed at readying the company for wide adoption of AI technology. The company noted that it would be hiring in key areas and would prioritize those who lost their jobs for those roles.

By Nathaniel Meyersohn, CNN New York (CNN) — New York City voters are currently deciding on one of the most polarizing issues in decades. But it has nothing to do with 34-year-old democratic socialist mayoral frontrunner Zohran Mamdani. Instead, it will determine who has the power to greenlight — or block— affordable housing development in

By Ramishah Maruf, CNN New York (CNN) — Amazon plans to lay off as many as 30,000 corporate employees, beginning tomorrow, reports say. The cuts would total nearly 10% of the company’s corporate jobs, as advances in artificial intelligence stoke fears about the white-collar workforce and the US labor market shows signs of weakening. Reuters

By John Towfighi, CNN (CNN) — Argentina’s stock, bond and currency markets surged Monday after a decisive victory by a MAGA ally of US President Donald Trump — and a $20 billion lifeline from the United States. President Javier Milei’s win is a victory for Trump — and potentially for the US taxpayers funding that

By Brian Stelter, CNN (CNN) — Jon Stewart says he wants to stay at “The Daily Show” desk after his current contract expires in December. “We’re working on staying,” the Comedy Central host said Sunday when asked by David Remnick about his status on stage at The New Yorker Festival in Manhattan. “It’s not as

By Chris Isidore, Betsy Klein, Vanessa Yurkevich, CNN (CNN) — After ICE in September raided a still-under-construction Georgia Hyundai plant – and arrested and deported hundreds of South Korean workers – the automaker’s CEO, José Muñoz, said he hoped for a resolution that could bring crucial foreign-worker expertise back to the United States. President Donald

By Jeanne Sahadi, CNN (CNN) — Money can be a fraught issue for most couples. And no wonder. “We tend to have rule books around money. And we get upset when someone doesn’t have the same game plan,” said Thomas Faupl, a licensed family and marriage therapist who specializes in financial therapy. Not to mention

By John Liu, CNN (CNN) — US and Chinese officials have reached a framework agreement, averting a potentially ruinous 157% tariff on Chinese goods while paving the way for a potential trade deal to be discussed between President Donald Trump and Chinese leader Xi Jinping later this week. The apparent progress came during the first

CNN, NBC, POOL, CNN|TIKTOK By John Liu, CNN (CNN) — US and Chinese officials have reached a framework agreement, averting a potentially ruinous 157% tariff on Chinese goods while paving the way for a potential trade deal to be discussed between President Donald Trump and Chinese leader Xi Jinping later this week. The apparent progress

By Auzinea Bacon, CNN (CNN) — US stock futures rose Sunday after US and Chinese representatives agreed on a framework for a trade deal, potentially averting a tariff hike to 157% on Chinese goods and as investors expect another interest rate cut from the Federal Reserve. Dow futures were up 0.65%, S&P 500 futures rose

By Ramishah Maruf, Matt Egan, CNN New York (CNN) — Even the joy of Halloween will cost more this year, with less chocolate than in years past. Expect more packages of tangy gummies, riding off a meteoric high last year. Your kid’s trick-or-treat bag may be filled with a lot of pumpkin-spice-filled-anything. And like last

CNN By Ramishah Maruf, Matt Egan, CNN New York (CNN) — Even the joy of Halloween will cost more this year, with less chocolate than in years past. Expect more packages of tangy gummies, riding off a meteoric high last year. Your kid’s trick-or-treat bag may be filled with a lot of pumpkin-spice-filled-anything. And like

By Auzinea Bacon, CNN (CNN) — President Donald Trump said Saturday he is increasing the tariff on Canada by 10% over current levels, further escalating trade tensions over what he called a “fake” ad that featured parts of an anti-tariff speech by former President Ronald Reagan in 1987. “Canada was caught, red handed, putting up