Money

By Nicole Goodkind, CNN New York (CNN) — The Dow Jones Industrial Average closed above the 40,000 mark Friday for the first time in its 139-year history. The blue-chip index initially crossed the key threshold early Thursday but ended that day lower. Wall Street has been boosted in recent days by renewed hopes of rate

By Ramishah Maruf, CNN New York (CNN) — Autoworkers at a Mercedes Benz plant in Alabama voted against joining the United Auto Workers union Friday, potentially stalling hopes of a rapidly growing organizing wave for autoworkers in the southern United States. The result was a close outcome. Out of the valid votes counted, 56% of

By Eva Rothenberg, CNN New York (CNN) — Baby He’s a Rich Man. Paul McCartney has added another feather in his cap as the United Kingdom’s first billionaire musician, the Sunday Times reported in the 2024 edition of its annual Rich List, published Friday. According to the Times, the 81-year-old Beatles alum and his wife

By Nicole Goodkind and Chris Isidore, CNN New York (CNN) — Shareholders of embattled airplane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun at the company’s annual general meeting on Friday. That’s the highest package ever paid to the company’s CEO and a 45% increase from the $22.6

By Clare Duffy, CNN New York (CNN) — Elon Musk’s brain implant startup Neuralink is accepting applications for a second human trial participant to test its device, the billionaire said on X Friday. The request comes five months after Neuralink implanted a brain chip into its first human trial participant, 30-year-old Noland Arbaugh, and just

By Eva Rothenberg, CNN New York (CNN) — ESPN journalist Jeff Darlington witnessed the arrest of World No. 1 golfer Scottie Scheffler Friday morning before the second round of the PGA Championship in Louisville, Kentucky, thrusting the reporter into the middle of one of the strangest sports stories in recent memory. Darlington and Scheffler had

By Clare Duffy, CNN New York (CNN) — Voice actor Paul Skye Lehrman took a job in 2020 for which he believed he was providing a set of one-off voice samples. Years later, he says he heard his voice narrating a YouTube video and then on a podcast — even though he had never recorded

By Laura He, CNN Hong Kong (CNN) — China has unveiled wide-ranging measures to rescue its property sector, including asking local governments across the country to buy unsold homes from beleagured developers and easing rules on purchases. Even though China’s economy expanded faster than expected at the start of this year, growth is being weighed

By Anna Cooban, CNN London (CNN) — The world is facing a shortage of the minerals needed to make the electric vehicles, wind turbines, solar panels, and other clean energy technologies essential to ending its reliance on fossil fuels. The Paris-based International Energy Agency said in a report published Friday that steep drops in the

By Heather Chen and Diksha Madhok, CNN Hong Kong/New Delhi (CNN) — Singapore Airlines is setting the bar high when it comes to bonus payouts. The carrier will reward its employees with a bonus worth nearly eight months of salary, a person familiar with the matter told CNN on Friday. The person asked not to

By Samantha Murphy Kelly, CNN (CNN) — At Princeton High School, students are trying to combat the rapid decline of indigenous languages with some unlikely help: a furry, wide-eyed stuffed animal named Che’w. But Che’w isn’t a standard plush toy. He’s a wildly intelligent generative AI robot that speaks Mam, a Mayan language spoken in

By Nathaniel Meyersohn, CNN New York (CNN) — America’s cost of living crisis has stung new flight attendants, many of whom haven’t had an opportunity to renegotiate their contracts since the inflation spiral began several years ago. An employment verification letter American Airlines gives to some newly hired flight attendants documenting their salary has been

By Matt Egan, CNN (CNN) — Ariel Barnes plunged into a credit card debt spiral in college, and a decade later she’s yet to escape. Barnes has maxed out seven credit cards and is struggling to make minimum payments on $30,000 of credit card debt. “The interest is so high that it’s hard to get

By Kathleen Magramo, CNN Hong Kong (CNN) — A British multinational design and engineering company behind world-famous buildings such as the Sydney Opera House has confirmed that it was the target of a deepfake scam that led to one of its Hong Kong employees paying out $25 million to fraudsters. A spokesperson for London-based Arup

By Danielle Wiener-Bronner, CNN New York (CNN) — The chief medical examiner’s office in Massachusetts has determined that a teenager who ate a tortilla chip containing a high concentration of a chemical compound found in chili peppers, died of a heart attack last September. Harris Wolobah, who had a congenital heart defect, was attempting Paqui’s

By Ramishah Maruf, CNN New York (CNN) — A high-stakes union election is underway at a Mercedes-Benz plant near Tuscaloosa, Alabama, the only plant for the luxury automaker in North America. The fallout will be significant whether the workers at Mercedes-Benz vote to join the United Auto Workers union or not. The UAW is hoping

By Anna Cooban, CNN London (CNN) — Royal Mail dates back to the Tudors. It has been operating a postal service in England since the reign of Henry VIII. Now this most British of institutions is on the brink of being sold to a Czech billionaire, Daniel Křetínský, raising fears about the fate of thousands

By Nicole Goodkind, CNN New York (CNN) — The Dow Jones Industrial Average broke past the 40,000 threshold Thursday for the first time ever, fueled by an encouraging inflation report. The blue-chip index briefly crossed the key threshold in morning trading before falling back below the line in the afternoon to close at 39,869, down

By Nathaniel Meyersohn, CNN New York (CNN) — Businesses from McDonald’s to Home Depot are struggling to attract financially strapped shoppers. But Walmart is growing as consumers search for inexpensive groceries, essentials and other merchandise. Walmart said Thursday that sales at stores open at least a year increased 3.8% during its latest quarter from the