Money

By John Towfighi and David Goldman, CNN New York (CNN) — The Dow plunged Wednesday on a disappointing outlook from the Federal Reserve. In the process, the blue-chip index extended its losing streak to 10 days — the longest such stretch since Gerald Ford was president. The Dow Jones Industrial Average ended the day down

By Hanna Ziady, CNN London (CNN) — Poland is selling up to 1,000 metric tons (1,102 tons) of its frozen butter reserves to bring down surging prices ahead of presidential elections in May. The government’s strategic reserves agency announced the butter auction Tuesday, citing significant increases in butter prices worldwide that it blamed on a

By Jordan Valinsky, CNN New York (CNN) — KFC’s “finger lickin’ good” slogan usually refers to chicken, but it’s taking on different meaning at its newest location. Sauce and dips are the star at “Saucy,” a prototype opening next Monday in Orlando. The restaurant, which ditches the chain’s familiar red for pink, is centered around

By Liam Reilly, CNN New York (CNN) — Disney has cut a transgender storyline from its new animated series, “Win or Lose,” ahead of the show’s release. The original animated series from Disney-owned studio Pixar centers around a co-ed middle school softball team, the Pickles, in the run-up to the group’s championship game. Each of

By David Goldman, CNN (CNN) — Honda and Nissan are discussing a possible merger, potentially bringing together two Japanese automaking titans that have recently fallen on hard times. The companies said in statement that they have been in talks, but they offered no details or timeframe for when a deal – if one should develop

By John Towfighi, CNN (CNN) — Google’s newest artificial intelligence tool, “Whisk,” lets people upload photos to get back a combined, AI-generated image – even without users inputting any text to explain what they want. Users can input images depicting subjects, setting and style before Whisk combines everything into one image. Whisk is a “creative

By Samantha Delouya, CNN (CNN) — The Federal Trade Commission announced a final rule banning hotels and ticketing and short-term rental companies from including hidden junk fees in their total price on Tuesday. Rather than consumers getting hit with “convenience” or “service” fees for hotel bookings and concert tickets at checkout, the FTC said its

By Chris Isidore, CNN New York (CNN) — Members of the Teamsters union have voted to authorize a strike at three Amazon facilities, including at the Staten Island, New York, warehouse which became the first location where employees voted to join a union in 2022. The retail giant said that its operations will not be

By Matt Egan, CNN New York (CNN) — The world’s most famous market indicator just suffered its longest losing streak since Jimmy Carter was in the White House. The Dow Jones Industrial Average closed lower by 267 points on Tuesday, or 0.6%, down for its ninth-straight day. The blue chips haven’t closed in the red

By Jordan Valinsky, CNN New York (CNN) — Taco Bell is veering away – slightly – from its Mexican-inspired cuisine, going all-American for its newest offering. Beginning Thursday, the chain is adding chicken nuggets to its menu for a limited time. However, Taco Bell is putting its own spin on the fast food staple, marinating

By Hanna Ziady, CNN London (CNN) — Argentina has come out of a deep recession in a major victory for the country’s unorthodox President Javier Milei, who has spent the past year enacting sweeping — and painful — reforms in Latin America’s third-largest economy. Gross domestic product grew 3.9% in the July-to-September quarter compared with

By Chris Isidore, CNN New York (CNN) — It wasn’t long ago that China was by far the largest and most profitable market for General Motors. While the company was hemorrhaging money in North America and Europe, and hurtling towards bankruptcy and a bailout, sales and profits from China allowed it to keep the lights

By Kaitlan Collins, Devan Cole and John Fritze, CNN (CNN) — President-elect Donald Trump met with the head of TikTok at his Mar-a-Lago club Monday afternoon, a person familiar with the meeting told CNN, as the social media giant is asking the Supreme Court to wade into a court fight over use of the app

By Hadas Gold, CNN New York (CNN) — President-elect Donald Trump had not been terribly successful in suing media organizations until this weekend when ABC News agreed to settle a closely-watched defamation case he brought against the network to the tune of $16 million. Now, Trump is expanding his threats of legal action against the

By Anna Cooban, CNN London (CNN) — Royal Mail, which dates back to the reign of Henry VIII in the 1500s, is set to be sold to a Czech billionaire in a deal that will keep the institution based in Britain. Daniel Křetínský’s EP Group has made “legally binding commitments” to the UK government as

By Elisabeth Buchwald, CNN New York (CNN) — It’s not March 2020, but it sure feels a lot like it for Herschel Wilson. Wilson started building up a small stockpile of essential goods for his three pets and family of five based in Tacoma, Washington, in August, after Donald Trump had been named the Republican