Money

By Tami Luhby, CNN (CNN) — Weight loss drugs are proving to be super popular among many workers with job-based health insurance. But GLP-1 medications are busting their employers’ budgets, leading some firms to rethink their coverage. The share of very large firms covering these drugs for obesity soared to 43% this year, up from

By Elisabeth Buchwald, CNN (CNN) — Finalizing a $20 billion lifeline for Argentina using taxpayers’ funds during the government shutdown was an essential action for the agency, Treasury Secretary Scott Bessent said Tuesday. His remarks came in response to a letter from Sen. Elizabeth Warren, the ranking member of the Senate Banking Committee, who wrote

By Chris Isidore, CNN (CNN) — You’d think after a tumultuous year for Elon Musk’s car company, Wall Street would be cheering Tesla’s record quarterly sales. They’re not. That’s for two main reasons: First, Tesla’s profit fell from a year ago and missed analysts’ estimates. Second, Tesla’s sales were largely booming last quarter because customers

By Jeanne Sahadi, CNN (CNN) — Are you suffering from decision fatigue? Do you have better things to do than oversee a complex portfolio and keep up with the latest on Wall Street? Do you just want to do as little as possible when it comes to investing but still have the money you need

By Matt Egan, Chris Isidore, CNN (CNN) — A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign that the US economy is forming some serious cracks, leaving the most vulnerable in financial distress. The percentage of subprime borrowers – those with credit scores below 670 –

By John Liu, CNN (CNN) — Gold prices gained modestly on Wednesday after the precious metal’s spectacular rally came to an abrupt halt on Tuesday, when prices tumbled more than 5%. The drop in the price of gold, which is viewed as a safe-haven asset in times of uncertainty, came as investors took profits from

CNN By Lisa Eadicicco, CNN (CNN) — You can already use Google Maps to virtually “explore” a city on the other side of the world without leaving your seat. But what if you could take that a step further by feeling like you’re inside the map? And what if you could learn about the restaurant

By Lisa Eadicicco, CNN (CNN) — You can already use Google Maps to virtually “explore” a city on the other side of the world without leaving your seat. But what if you could take that a step further by feeling like you’re inside the map? And what if you could learn about the restaurant on

By Nathaniel Meyersohn, CNN (CNN) — Walmart, America’s largest private-sector employer, is pausing job offers to foreign candidates needing H-1B visas to work in the United States, a company spokesperson told CNN. It’s a significant shift that demonstrates how major companies are changing their policies in response to Trump’s strict immigration agenda that could have

By Ramishah Maruf, CNN New York (CNN) — The government shutdown has impacted many Americans’ daily lives beyond the political tussle. Federal workers are getting laid off by the thousands. Local businesses, whether they’re in Washington, DC, proper or outside the nation’s national parks, are struggling to fill seats. People are unable to move into

By Jordan Valinsky, CNN New York (CNN) — Some customers who were unable to fill or pick up their prescriptions at CVS locations on Tuesday because of technical issues may want to go back to the pharmacy. A CVS spokesperson said in a statement Tuesday that the company has resolved a network connection issue that

By Jordan Valinsky, CNN New York (CNN) — Coca-Cola has begun selling a soda that uses cane sugar, rather than high-fructose corn syrup, in the United States following a demand from President Donald Trump earlier this year. A company spokesperson confirmed to CNN that the soda is now rolling out to “select” cities and retailers.

By Brian Stelter, CNN (CNN) — Warner Bros. Discovery, the parent of CNN, is contemplating a sale. The media giant says it has received “multiple” expressions of interest from potential buyers, indicating that Paramount Skydance is not the only suitor for the media company. In a Tuesday morning statement, WBD said its board of directors

By Jordan Valinsky, CNN New York (CNN) — The concept of a circus might be well known, but Ringling Bros. and Barnum & Bailey admits it has a bit of an identity problem. “Kids already know how to play (games like) Ringling, they just don’t know it by name,” Juliette Feld Grossman, CEO of Feld

By Alicia Wallace, Lisa Eadicicco, Ramishah Maruf, CNN (CNN) — It took a day without Amazon Web Services for Americans to realize how reliant the internet is on a single company. It’s not just that people couldn’t place mobile orders for coffee at Starbucks or ask Alexa for the weather. Hospitals said crucial communications services

By Lucy Bayly, John Towfighi, CNN New York (CNN) — Wall Street kicked off a new week in high gear as optimism rose that the 20-day shutdown of the federal government could soon draw to a close. National Economic Council Director Kevin Hassett told CNBC Monday he believes the shutdown is “likely to end sometime

CNN By Jordan Valinsky, CNN New York (CNN) — Amazon Web Services (AWS), the cloud computing platform that powers much of the internet, went down for several hours Monday, making several major websites and apps inoperable. From banking services to social networks to airline booking sites to online shopping, thousands of services were disrupted as

By Auzinea Bacon, CNN (CNN) — The rising costs of coffee beans are keeping roasters and their customers on edge. Retail coffee prices jumped nearly 21% in August compared to the same time last year, and the Trump administration’s tariffs are partially to blame: In July, Brazil was slapped with one of the highest duties,

By Chris Isidore, CNN (CNN) — Few car buyers have heard of Nexperia. But this Dutch company makes chips that are essential for making cars — and now, it’s at the center of a trade dispute that could shutter global auto plants and send already-record-level car prices even higher. The dispute is just one part