Money

By Peter Valdes-Dapena, CNN (CNN) — Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, possibly taking a step back from GM’s earlier commitment to shifting straight to pure EVs.

By Eva Rothenberg, CNN New York (CNN) — AT&T is reimbursing customers for the nearly 12-hour network outage on Thursday, the company announced in a news release. The mobile network will issue a $5 credit to “potentially impacted” AT&T Wireless customers, which it says is the “average cost of a full day of service.” “We

By Eva Rothenberg, CNN New York (CNN) — Four more private universities have agreed to settle a lawsuit which alleged they violated antitrust laws in determining financial aid amounts for admitted students, according to court documents filed Friday. Dartmouth College, and Rice, Vanderbilt and Northwestern universities agreed to pay a total of $166 million to

By Alicia Wallace, CNN Anoka, Minnesota (CNN) — In the thick of a Minnesota winter, it’s not uncommon to see dogs — especially those of the short-haired, sinewy or small variety — sporting outerwear on their neighborhood strolls or jaunts around the state’s many lakes. While the idea of canine couture may conjure images of

By Nicole Goodkind and Eva Rothenberg, CNN New York (CNN) — Famed investor Warren Buffett’s annual letter to Berkshire Hathaway shareholders Saturday paid tribute to his longtime business partner and friend Charlie Munger, who died in November. Investors have long sought wisdom from the Oracle of Omaha on markets, the economy and life in general.

By Tami Luhby and Alicia Wallace, CNN (CNN) — The pandemic’s effect on South Carolina’s economy was palpable, but the fallout on employment didn’t cut as deep or last as long as it did nationally. The Palmetto State entered 2024 from a position of strength: Key industries are booming, and the stars are aligning for

By Jamiel Lynch, CNN (CNN) — A Tennessee judge has temporarily blocked the NCAA from enforcing parts of its interim policy that would have restricted how student athletes negotiate compensation for their names, images and likeness. The ruling dealt a significant setback to the NCAA’s attempts to rein in pay for students who play sports at its

By Peter Valdes-Dapena, CNN (CNN) — Ford stopped shipping its all-electric F-150 Lightning pickups and has been holding them for quality inspections since February 9. Ford spokesperson Emma Bergg would not specify any particular quality concern that engendered the shipment pause, calling holds like this a fairly routine part of the manufacturing process as vehicle

By Saira Mueller, CNN (CNN) — In the early hours of July 23, 2023, Twitter — the self-proclaimed digital town square — became X. Or did it? Though it’s been more than half a year since the divisive rebrand, the platform’s web domain is still twitter.com — even x.com redirects to the original link. In billing

By Sean Lyngaas, CNN (CNN) — As a cyberattack continues to disrupt insurance processing at pharmacies across the United States, people like Mara Furlich are facing a stark choice: Pay, at least initially, out of pocket for critical care or risk the health consequences of not getting treatment. Furlich, a 32-year-old Detroit social worker, went

By Clare Duffy and John Towfighi, CNN New York (CNN) — Reddit, the message board site known for its chronically online userbase and for originating much internet discourse, filed for its long-anticipated initial public offering on Thursday. The move would make Reddit the first major social media company to go public since Snapchat in 2017.

By Nathaniel Meyersohn, CNN New York (CNN) — From Dua Lipa to “silent” book clubs, Millennials and Gen Z are joining book clubs as a way to socialize. Book club event listings grew 24% in the United States in 2023 from the previous year, according to ticketing platform Eventbrite. Meetup saw a 10% increase in

By Peter Valdes-Dapena, CNN (CNN) — Volkswagen is recalling more than 260,000 compact cars in the United States because a pump located inside the gas tank could leak fuel, possibly leading to a fire. The cars involved are various Volkswagen Golf, Golf GTI, Golf Sportwagen, Jetta and Audi A3s from the 2015 through 2020 model

By Krystal Hur, CNN New York (CNN) — Nvidia joined an exclusive club on Friday morning when its market value topped $2 trillion, just days after the chipmaker reported gangbusters earnings that once again swept Wall Street into an artificial intelligence-induced fervor. But the chipmaker’s stock pared some of its gains later in the day,

By Samantha Delouya and Ramishah Maruf, CNN (CNN) — Uber driver Damián Reyes was on his second ride of the day in the early hours of Thursday morning when he noticed something strange happening to his AT&T phone. First, his streaming music stopped playing. He restarted his phone, but his ride-sharing app went “completely blank,”

By Chris Isidore, CNN New York (CNN) — The media industry continues to struggle as consumers cut the cord and advertisers pull back on their spending. Warner Bros. Discovery is no exception – and though it lost far less money in the final quarter of 2023 than in the same period a year earlier, its

By Sara Smart, CNN (CNN) — The Florida House of Representatives passed legislation that would prohibit anyone under 16 in the state from holding accounts with certain social media platforms. The bill now heads for Republican Governor Ron DeSantis’ desk. On Thursday, the House passed House Bill 1 in a vote of 108-7, according to online records. HB1, or Online Protections for Minors, would require some

By Peter Valdes-Dapena, CNN Laguna Beach, California (CNN) — There was a time when an electric Tesla pickup, something designed to go head-to-head against America’s most popular products, the Ford F-150 and Chevrolet Silverado, seemed just the thing to take Tesla truly mainstream. Then, in 2019, Elon Musk unveiled the Tesla Cybertruck, a bare metal

CNN By Peter Valdes-Dapena, CNN Laguna Beach, California (CNN) — There was a time when an electric Tesla pickup, something designed to go head-to-head against America’s most popular products, the Ford F-150 and Chevrolet Silverado, seemed just the thing to take Tesla truly mainstream. Then, in 2019, Elon Musk unveiled the Tesla Cybertruck, a bare

By Jeanne Sahadi, CNN New York (CNN) — Being a working parent seeking affordable, accessible and high-quality child care in the United States can be as tricky — but much less fun — than solving the Rubik’s cube. The good news: More employers have started to offer child care benefits. The bad news: They are