Money

By Hadas Gold and Samantha Delouya, CNN (CNN) — A bitter fight over the future of Disney is set to be decided this week as one of the most expensive proxy battles ever comes to a head at a high-stakes shareholder vote on Wednesday. At issue is Disney’s (DIS) stock price, which has risen nearly 50% over the

By Krystal Hur, CNN New York (CNN) — Stocks fell Tuesday as investors continued to worry that the Federal Reserve could cut interest rates later than expected. The Dow Jones Industrial Average dropped 395 points, or 1%, on Tuesday after declining more than 500 points at its lows. That means the blue-chip index had at

By Bryan Mena, CNN Washington (CNN) — Demand for workers in the US picked up slightly in February in a sign that the job market remains on strong footing, though layoffs also ticked up that month. There were a seasonally adjusted 8.8 million job openings in February, a notch higher than the prior month’s downwardly

By Anna Cooban, CNN London (CNN) — The global price of oil rose Tuesday to its highest level in seven months, propelled, in part, by concerns that mounting tensions in the Middle East could crimp supply. Brent crude, the world’s oil benchmark, climbed as much as 1.8% to $89 a barrel, the highest since early

By Chris Isidore, CNN New York (CNN) — Tesla posted its first annual drop in sales since the first year of the pandemic, as increased electric vehicle competition from Chinese and Western automakers ate into demand. CEO Elon Musk’s electric car company reported it built 433,000 vehicles but delivered only 387,000. That’s down from the

By Mariya Knight, CNN Atlanta (CNN) — A Russian court has extended the detention of US-Russian journalist Alsu Kurmasheva, Russian state news agency TASS reported from the courtroom Monday. Kurmasheva, the editor for the Tatar-Bashkir service of Radio Free Europe/Radio Liberty (RFE/RL), will now be detained until June 5, for failing to register as a foreign

CNN By Jordan Valinsky, CNN New York (CNN) — Jon Stewart on “The Daily Show” Monday revealed what led to his abrupt exit from Apple and the cancellation of his short-lived show on its streaming TV platform. Stewart said that the tech giant prohibited him from discussing artificial intelligence or interviewing Federal Trade Commission chair

By Jordan Valinsky, CNN New York (CNN) — Jon Stewart on “The Daily Show” Monday revealed what led to his abrupt exit from Apple and the cancellation of his short-lived show on its streaming TV platform. Stewart said that the tech giant prohibited him from discussing artificial intelligence or interviewing Federal Trade Commission chair Lina

By Bryan Mena, CNN Washington (CNN) — The tragic collapse of the Francis Scott Key Bridge last week claiming the lives of construction workers who were all Hispanic has rattled the Baltimore region to its core. As the local community begins the difficult work needed to return to some sense of normality, experts say that,

By Nicole Goodkind, CNN New York (CNN) — Eric Payne, a 37-year-old single father to two boys, works hard to stretch his paycheck each week. It’s a task he refers to as “clicking.” He makes a good salary – in the $80,000 range – but by the time all of the essential expenses have clicked

By Brian Fung, CNN (CNN) — Tens of millions of Americans could see skyrocketing internet bills this spring or may be abruptly kicked off their plans — and it will be congressional Republicans who are to blame, the Biden administration said Tuesday. The accusation reflects a last-ditch pressure campaign to save a federal program that

By Elizabeth Wolfe and Melissa Alonso, CNN (CNN) — The Powerball jackpot has ballooned to a tremendous $1.09 billion after yet another lottery drawing yielded no top winner Monday night. Monday’s winning numbers were: 19, 24, 40, 42, 56 and Powerball 23. The next drawing will be held Wednesday night. If a player finally snags the

By Vasco Cotovio, Clare Sebastian and Allegra Goodwin, CNN (CNN) — There’s a loud buzzing sound as a small silhouette approaches in the air. The noise is eerily reminiscent of Russian drone strikes on Ukraine, but this episode was recorded closer to Moscow than to Kyiv. “They’re flying right towards us,” a woman is heard saying

By Ramishah Maruf, CNN New York (CNN) — United Airlines is asking its pilots to take voluntary unpaid leave in May because of delays in Boeing deliveries, according to a memo sent by the union representing pilots. Because of the delivery delay, “our forecasted block hours for 2024 have been reduced and we are offering

By Natasha Chen, CNN (CNN) — As of Monday, about half a million fast food workers in California are making at least $20 per hour, $4 higher than the overall state minimum wage. The new rate applies to restaurant chains with more than 60 nationwide locations and is a result of a years-long fight by

By Catherine Thorbecke, CNN (CNN) — Google will delete billions of data records as part of a settlement for a lawsuit that accused the tech giant of improperly tracking the web-browsing habits of users who thought they were browsing the internet privately. The suit was originally filed in 2020 and accused Google of misrepresenting the

By Jeanne Sahadi and Rachel Wilson, CNN New York (CNN) — For anyone looking to buy a new home, high mortgage rates, high home prices and a shrunken housing supply have made the whole process challenging to say the least. Now a new analysis from Bankrate.com released Monday finds that in nearly half of US

By Brian Fung, CNN Washington (CNN) — Microsoft will no longer sell its Teams collaboration software as a bundled product with its Office 365 suite anywhere in the world, the company said Monday, in the face of antitrust concerns. The decision to separate Teams from Office globally extends a previous announcement last year affecting only the

By Clare Duffy, CNN New York (CNN) — OpenAI has unveiled a new artificial intelligence tool that can mimic human voices with startling accuracy. The AI voice generator has a range of potential applications, including for accessibility services, but could also prompt concerns about misinformation and other forms of abuse. OpenAI on Friday shared samples

By Matt Egan, CNN New York (CNN) — Shares of Truth Social owner Trump Media & Technology Group plunged Monday after the company disclosed that it lost more than $58 million and generated very little revenue in 2023. Former President Donald Trump is the company’s majority shareholder, and his net worth tumbled by more than