Money

By Bryan Mena, CNN Washington (CNN) — American shoppers continue to power the US economy. Spending at US retailers climbed 0.4% in September from the prior month, according to fresh government data released Thursday. That was much stronger than August’s 0.1% gain and was in line with what economists projected in a FactSet poll. Wall

By Anna Cooban, CNN Lonodn (CNN) — Some toymakers are “flooding” Europe with dangerous toys via online marketplaces, including magnets capable of puncturing a child’s intestines if swallowed and products containing toxic chemicals, according to an industry body. Toy Industries of Europe, which represents toy manufacturers in the European Union and the United Kingdom, has

By Elisabeth Buchwald, CNN New York (CNN) — The economic successes of Asheville, North Carolina and Tampa, Florida, have been the envy of many cities across the United States. Both metropolitan areas registered an unemployment rate of 3.1% in August, lower than in their respective home states and nationally, according to Labor Department data. New

By Matt Egan, CNN New York (CNN) — The federal government’s bet on using artificial intelligence to fight financial crime appears to be paying off. Machine learning AI helped the US Treasury Department to sift through massive amounts of data and recover $1 billion worth of check fraud in fiscal 2024 alone, according to new

By Kaanita Iyer, CNN (CNN) — Recognizing that daters are increasingly prioritizing politics in their search for “the one,” many dating apps have introduced features that make it easier for users to match with potential partners based on their politics in the run-up to the election. Tinder last month launched its “Take Action Center,” which

By Juliana Liu, CNN Hong Kong (CNN) — Chinese property shares tanked on Thursday, after measures announced by officials to bolster the flagging real estate market were deemed by investors and economists to be too piecemeal. After dismal economic data over the summer prompted concern that China may miss its 5% target growth rate, leader

By Clare Duffy, CNN New York (CNN) — Elon Musk’s SpaceX has accused a California regulator of political discrimination after it voted to block the rocket company from conducting more launches on the state’s central coast. SpaceX claimed in a lawsuit filed Tuesday that members of the California Coastal Commission violated Musk’s right to free

By Hadas Gold and Liam Reilly, CNN New York (CNN) — Fox News hosted an all-women town hall with former President Donald Trump, billed as an opportunity for female voters to ask the Republican candidate questions that matter to them. The Georgia town hall, where Trump took questions on reproductive laws, transgender rights and other

By Erika Tulfo, CNN (CNN) — In today’s digital landscape, signing up for a service usually only takes a couple of clicks of a button. But opting out of a plan can prove to be much harder. The Federal Trade Commission on Wednesday moved to change that. The FTC unveiled its final “click-to-cancel” rule, which

By Anna Cooban, CNN London (CNN) — Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes in warfare.” The European aerospace giant, which competes with beleaguered Boeing (BA) in airplane manufacturing, said Wednesday that it expects to complete

By Brian Stelter, CNN New York (CNN) — Fox News anchor Bret Baier is all too keenly aware that Fox’s viewers want him to affirm what they already feel. This week, he is under pressure as he prepares for a high-stakes interview with Vice President Kamala Harris – the Democratic nominee for president’s first-ever formal interview on

By Jordan Valinsky, CNN New York (CNN) — Bed Bath & Beyond is coming back to a physical store near you after going out of business last year. But this time, it’s taking up space at a rival. Beyond Inc., which bought the defunct retailer out of bankruptcy, is investing $40 million in the Container

By Jordan Valinsky, CNN New York (CNN) — Aldi is releasing its lowest-priced Thanksgiving meal deal in five years — and undercutting one of its largest rivals — as inflation-weary consumers shift their shopping habits to more affordable private labels. The low-priced grocery chain is rolling out an “inflation-busting holiday meal” priced at $47 that

By Nathaniel Meyersohn, CNN New York (CNN) — PepsiCo is unshrinking shrinkflation. The owner of Lay’s, Doritos, Tostitos and Ruffles chips will put more chips in some bags to claw back customers tired of higher prices with skimpier bags. Shoppers have balked at downsized chips, cookies, paper towels and other products, widely known as shrinkflation,

By Chris Isidore, CNN New York (CNN) — Boeing’s finances are a multi-billion-dollar problem for the company, its employees, suppliers and airline customers. The good news is that they probably won’t affect the average American – well, not very much. After 33,000 members of the International Association of Machinists went on strike against the company

By Hadas Gold, CNN New York (CNN) — When former President Donald Trump takes the stage with Latino voters on Wednesday night in Miami at a town hall hosted by Univision, one thing may be missing: fact checking. There was no fact checking during Vice President Kamala Harris’ town hall with the network last week either. But it’s the question-and-answer

By Nathaniel Meyersohn, CNN New York (CNN) — CVS is closing 900 stores. Rite-Aid is closing 500. Walgreens announced Tuesday it plans to close 1,200 stores, meaning 1 in 7 will disappear. What is going on with America’s drug stores? Walgreens and other chains overexpanded during the 1990s and 2000s to drive out competitors and

By Olesya Dmitracova, CNN London (CNN) — For consumers still scarred by jumps in their energy bills in recent years, the International Energy Agency has good news: Oil and natural gas prices will probably be lower over the next five years. Energy prices soared in the wake of Russia’s full-scale invasion of Ukraine in February

By Matt Egan, CNN New York (CNN) — Former President Donald Trump’s social media company suffered a sudden nosedive in the stock market Tuesday that briefly halted trading and left traders scratching their heads. Truth Social owner Trump Media & Technology Group was trading sharply higher during a volatile session at about $31 per share

By Katelyn Polantz, CNN Washington (CNN) — Political journalist Ryan Lizza has accused his ex-fianceé, the acclaimed magazine writer Olivia Nuzzi, of “catastrophically reckless behavior” in a year-long affair with Robert F. Kennedy Jr. that led to the journalists’ breakup this summer, according to new court filings in an ongoing dispute between Lizza and Nuzzi.