Money

By Parija Kavilanz, CNN New York (CNN) — Consumers bought fewer toys in all of 2023, including during the key Christmas toy-buying period, showing that households continue to pare back on discretionary products. The year-end gift-buying season typically accounts for a big chunk of annual toy sales. It’s why retailers entice shoppers with discounts and

By Eva Rothenberg, CNN New York (CNN) — Amazon has landed the rights to exclusively stream one National Football League playoff game next season on its Prime Video platform, a source familiar with the matter told CNN. The deal comes less than a month after NBCUniversal’s Peacock became the first-ever platform to exclusively livestream an

By Chris Isidore, CNN New York (CNN) — Twenty-one years ago, the National Football League would not allow Super Bowl ads from the Las Vegas Convention and Visitors Authority because it didn’t want even a whiff of gambling associated with the sport. On Sunday, the NFL will hold its first Super Bowl in Las Vegas,

By Alicia Wallace, CNN (CNN) — When Super Bowl Sunday rolls around each year — whether it’s in Miami, New Orleans, Los Angeles or Minneapolis — Las Vegas still draws the crowds. Football fans make a long weekend out of the event, they see some shows, eat some food, place some bets, lose some bets,

By Elisabeth Buchwald, CNN New York (CNN) — If you scored a Valentine’s Day reservation at a swanky Michelin-starred restaurant this year, you might wonder why an elite restaurant rating guide has the same name as a company that makes tires. All-weather radials and fine dining have little in common, after all. But, to chefs

CNN By David Goldman and Paradise Afshar, CNN (CNN) — A jury has awarded climate scientist Michael Mann more than $1 million in a defamation lawsuit he brought against a former scholar and a media personality who lampooned Mann’s work. The legal battle has been ongoing for more than a decade. Mann initially filed a

By Samantha Delouya, CNN (CNN) — Israel’s prolonged war with Hamas is going to become a significant economic and political burden for the country over the long haul, Moody’s said Friday. So the agency downgraded Israel’s credit rating. Moody’s Investors Service downgraded Israel’s debt rating from A1 to A2 on Friday, underscoring the economic damage

By Nicole Goodkind and Krystal Hur, CNN New York (CNN) — The S&P 500 closed above the 5,000 level on Friday for the first time as bullish sentiment spreads across Wall Street and investors cheered fresh data showing progress on inflation. The landmark moment comes during a period of strong economic growth, the artificial intelligence revolution,

By Catherine Thorbecke, CNN New York (CNN) — Hillary Clinton, Sheryl Sandberg and a coalition of scholars, government officials and legal experts discussed Friday how to prevent sexual violence as a weapon of war. “We have seen an epidemic, an alarming epidemic of gender-based violence as a weapon of war,” Clinton said during her opening

By Oliver Darcy, CNN (CNN) — Noah Shachtman, the hard-charging editor with a knack for scrutinizing the rich and powerful, announced Friday that he is resigning from his post as editor-in-chief of Rolling Stone, following discussions with the iconic music and culture magazine’s top boss about the publication’s direction. Shachtman, who will formally step down on March 1, said in a statement that he

By Oliver Darcy, CNN (CNN) — Colin Jost will be live from Washington, DC — not New York — on the final Saturday night of April. The “Saturday Night Live” comedian, featured in the “Weekend Update” segments, was selected by the White House Correspondents’ Association as the entertainer for the press organization’s 2024 dinner, set

By Chris Isidore, CNN New York (CNN) — No one’s trip to the Super Bowl is getting more attention than Taylor Swift. Her plan to make it from a Saturday night concert in Tokyo to Vegas for Sunday’s big game depends on a private jet. But she’s not the only one who isn’t flying commercial.

By David Goldman and Paradise Afshar, CNN (CNN) — A jury has awarded climate scientist Michael Mann more than $1 million in a defamation lawsuit he brought against a former scholar and a media personality who lampooned Mann’s work. The legal battle has been ongoing for more than a decade. Mann initially filed a lawsuit

By Jordan Valinsky, CNN New York (CNN) — Unilever is the latest company to report a rough fourth quarter because of boycotts against the company over the war in the Middle East. The company, which makes Vaseline, Dove soaps, Rexona deodorant and other household staples, said that sales declined 15% in Indonesia in the last

By Peter Valdes-Dapena, CNN (CNN) — Ford says it has a top-secret, high-powered team working to design its future electric vehicles. It’s part of a quest to compete profitably against Tesla and lower cost EV makers from China. People in the market for an electric luxury vehicle can find plenty of options to choose from.

By Clare Duffy, CNN New York (CNN) — A former TikTok senior executive is suing the company alleging that she experienced discrimination based on her age and gender during her three years working for the company. Katie Puris, who worked in marketing at TikTok starting in 2019, says she faced uneven expectations as a woman,

By Rosa Rahimi, CNN (CNN) — Meta has removed the Facebook and Instagram accounts of Iran’s Supreme Leader, Ayatollah Ali Khamenei. Khamenei’s Facebook and Instagram accounts are no longer available. According to Meta, the accounts have been disabled, which means they are permanently removed. “We have removed these accounts for repeatedly violating our Dangerous Organizations

By Elisabeth Buchwald, CNN New York (CNN) — Last year, the Federal Reserve was caught off guard when the Bureau of Labor Statistics released revised Consumer Price Index figures showing inflation rose in December 2022 and did not fall as previously thought. That left Fed officials bracing for the latest batch of revised CPI data,

By Chris Liakos and Mylene Loubiere-Anderson, CNN Paris/Hong Kong (CNN) — The French offices of Chinese tech giant Huawei were searched this week, the company confirmed Friday, saying it was fully cooperating with the authorities. A French judicial source told CNN Thursday that the raid had been carried out as part of a preliminary probe