Money

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. MSNBC has a talent problem on its hands. Brian Williams told network management on Tuesday that he is passing on their offer of a new contract. He is ending a

By Brian Stelter, CNN Business Anchorman Brian Williams, a 28-year veteran of NBC News and MSNBC, said Tuesday that he is leaving the company at the end of this year. “This is the end of a chapter and the beginning of another,” Williams said in a statement. “There are many things I want to do,

by Sonia Moghe, CNN Oklahoma Supreme Court justices have reversed a district court decision that ordered Johnson & Johnson to pay $465 million to the state for its role in the opioid crisis. In the justices’ decision filed Tuesday, they wrote that the district court “erred” by holding Johnson & Johnson liable under the state’s

By Nathaniel Meyersohn, CNN Business Shoppers are already taking a hit at the grocery store. Soon, even their cheapest meat options will get more expensive. Tyson Foods, Conagra and Kraft Heinz have notified their retail customers in recent weeks that they will raise prices in January for some frozen and refrigerated meats. Products that will

By Chris Isidore, CNN Business Kmart is shuttering its last-remaining store in Michigan, the state where the once-proud retail chain launched in 1899. It’s one of series of store closings that will leave the company with only six locations in the continental United States still in business by year’s end. Kmart is owned by Sears,

By Parija Kavilanz, CNN Business If you’ve already started your online holiday shopping this year, you may be seeing a lot more of those three dreaded words every shopper hates: “out of stock.” There were more than 2 billion instances of a product being out of stock online across 18 categories tracked in October by

By Jeanne Sahadi, CNN Business If you’re among the millions of people who use payment apps like PayPal, Venmo, Square, and other third-party electronic payment networks, you could be affected by a tax reporting change that goes into effect in January. Payment app providers will have to start reporting to the IRS a user’s business

By Brian Stelter and Virginia Langmaid, CNN Business The information landscape about Covid-19 is bewildering, with factual and fictional claims competing for attention. And most American adults have heard at least a couple of the fictions, according to new data from the Kaiser Family Foundation. Kaiser, which is widely respected for its top-notch work on

By Anneken Tappe, CNN Business American households are carrying record amounts of debt as home and auto prices surge, Covid infections continue to fall and people get out their credit cards again. Between July and September, US household debt climbed to a new record of $15.24 trillion, the Federal Reserve Bank of New York said