Money

By Alicia Wallace, CNN (CNN) — There appears to be some welcome news on the US inflation front. Price hikes on the wholesale level were much tamer than anticipated in December, according to the latest Producer Price Index released Tuesday, indicating that inflation might not be reaccelerating as much as feared. However, Tuesday’s positive PPI

By Jordan Valinsky and Nathaniel Meyersohn, CNN New York (CNN) — Starbucks doesn’t want to be America’s public bathroom anymore. Starbucks is scrapping a policy that had let anyone hang out at its cafes or use the restrooms without making a purchase. The new rules are part of a larger effort to improve Starbucks’ cafe

KCAL, KCBS, CNN By Donie O’Sullivan, CNN Los Angeles (CNN) — Just hours after Meta chief Mark Zuckerberg announced last Tuesday that the social media giant would eliminate its US-based fact-checkers, the iconic hills above Los Angeles began to smolder. As fire crews scrambled in vain to contain the resulting firestorm, the fact-checking partners, still

By Chris Isidore, CNN New York (CNN) — Martin Johnson and his fiancé, Celeigh Chapman, had spent several years restoring and renovating their home in Altadena by hand. It took only hours to lose the home and everything in it last week. “We didn’t have a kitchen for a year and a half. We had

CNN By Chris Isidore, CNN New York (CNN) — Martin Johnson and his fiancé, Celeigh Chapman, had spent several years restoring and renovating their home in Altadena by hand. It took only hours to lose the home and everything in it last week. “We didn’t have a kitchen for a year and a half. We

By Eric Cheung, Joyce Jiang and Hassan Tayir, CNN Hong Kong (CNN) — As Supreme Court justices ponder the future of TikTok in the United States, a growing number of American social media users have responded by moving to an unlikely alternative: Xiaohongshu, a hugely popular social media app in China. The app, which means

By Vanessa Yurkevich, CNN New York (CNN) — American food markets are running short on eggs, and the situation may not improve for months. The highly contagious avian influenza has wreaked havoc on the egg market. In November and December alone, 17.2 million egg-laying hens died as a result of the virus. That’s nearly half

By Auzinea Bacon, CNN (CNN) — Apple’s board of directors has recommended shareholders vote against a conservative think tank’s proposal to consider scrapping the tech giant’s diversity, equity and inclusion (DEI) initiatives. “At Apple, we believe that how we conduct ourselves is as critical to Apple’s success as making the best products in the world.

By Tami Luhby, CNN (CNN) — Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on consumers’ credit reports, threatening the viability of what could be a popular regulation. Two industry groups filed lawsuits last week seeking to block the rule, which was finalized by the Consumer Financial Protection

By David Goldman, CNN (CNN) — Southern California Edison, the electrical utility for Los Angeles, has been sued for its alleged role in starting one of the raging Los Angeles fires that have collectively killed at least 24 people and displaced tens of thousands. Jeremy Gursey, whose house in the Altadena neighborhood was destroyed in

By Liam Reilly, CNN New York (CNN) — Rachel Maddow is returning to the anchor chair five nights a week. The MSNBC prime time star is expanding her on-air presence for the first 100 days of President-elect Donald Trump’s administration, the network announced Monday, injecting what may be a much-needed ratings boost into the progressive

By Auzinea Bacon, CNN (CNN) — TikTok creators and users are facing the reality that the popular short-video app will likely be banned in the United States. A law that would effectively shut down TikTok nationwide may take effect Sunday if its China-based parent company, ByteDance, does not sell off the app and if the

By Jordan Valinsky, CNN New York (CNN) — Walmart is giving its logo the first facelift in nearly two decades, rolling out a new identity that is a subtle nod to its past. The 61-year-old company unveiled Monday a refresh of its brand identity featuring a redesigned logo the company says is inspired by founder

By Brian Stelter, CNN New York (CNN) — Veteran opinion columnist Jennifer Rubin is becoming the latest in a long list of Washington Post figures to leave the troubled institution. Rubin is partnering with former White House ethics czar Norm Eisen and launching something new: a startup publication called The Contrarian. The startup’s tagline, “Not

By Donie O’Sullivan, CNN Los Angeles (CNN) — Just hours after Meta chief Mark Zuckerberg announced last Tuesday that the social media giant would eliminate its US-based fact-checkers, the iconic hills above Los Angeles began to smolder. As fire crews scrambled in vain to contain the resulting firestorm, the fact-checking partners, still working for Meta,

CNN, EL SEGUNDO FIRE DEPT, KABC, ULYSSES GUEVARA HUGO By Eric Levenson, CNN (CNN) — It’s been less than a week since the year’s first wildfire embers raced through the air over Los Angeles, carried by hurricane-level Santa Ana wind gusts to spark some of the deadliest wildfires California has ever seen. The Palisades Fire

By Jordan Valinsky, CNN New York (CNN) — Kohl’s is closing 27 stores across more than a dozen states as the struggling retailer looks to improve profitability. The closures, to be completed by April, are a small fraction of the chain’s 1,150 stores and were listed as “underperforming,” according to a press release. Kohl’s said

By Nikki Carvajal and Juliana Liu, CNN Washington/Hong Kong (CNN) — The Biden administration has issued new restrictions on the export of US-developed computer chips that power artificial intelligence (AI) systems, in a final effort to prevent rivals like China from accessing the advanced technology, just a week before leaving office. The fresh curbs, the

By Auzinea Bacon, CNN (CNN) — Meta’s decision to end its fact-checking program looks like the company is “caving” to political pressures, said Meta’s oversight board co-chair Michael McConnell. McConnell, who is a law professor at Stanford University, told NPR on Friday that he would have liked to have seen changes made during “less contentious

By John Towfighi, CNN New York (CNN) — New York City’s long-awaited, long-debated congestion pricing began on January 5, marking a new era for driving into Manhattan. Congestion pricing could generate revenue many cities are desperate for, while simultaneously easing traffic and improving air quality. But legal challenges and President-elect Donald Trump’s opposition could determine