Money

By Elisabeth Buchwald, CNN New York (CNN) — Customers of New York Community Bank (NYCB) pulled $6 billion worth of deposits between February 5 and March 5, leaving the bank’s deposit base 7% lower, at $77 billion. However, the pattern is not indicative of a bank run, which these days can drain a lender of funds

By Alicia Wallace, CNN New York (CNN) — Don’t be surprised if Friday’s jobs report shows that February’s employment gains were far below those reported for January. Economists expect that US employers added 200,000 jobs last month, according to FactSet estimates. Such a tally pales in comparison to January’s whopping 353,000 job gains. But February’s

By Melissa Alonso and Amanda Jackson, CNN Atlanta (CNN) — Self-checkout annoys many grocery shoppers and causes problems that are prompting numerous major retailers to pull back on using it. But that’s not stopping the Transportation Security Administration from testing a self-service screening system at Harry Reid International Airport in Las Vegas later this month.

By Laura He, CNN Hong Kong (CNN) — China registered a surprise jump in foreign trade at the start of the year, partly because of strong demand from Russia, India and emerging markets in Africa and Latin America. Exports from the world’s second largest economy rose by 7.1% in the January-to-February period, beating the 1.9%

By Brian Fung, CNN Washington (CNN) — Europeans using Apple, Google and other major tech platforms woke to a new reality Thursday as a landmark law imposed tough new competition rules on the companies — changing European Union citizens’ experience with phones, apps, browsers and more. The new EU regulations force sweeping changes on some

By Veronica Miracle and Jeffrey Kopp, CNN San Francisco (CNN) — For the first time in ten years, California voters could get the opportunity to change a controversial law aimed at criminal justice reform. A new proposal, called The Homelessness, Drug Addiction and Theft Reduction Act, would roll back parts of Proposition 47, approved by California

CNN, WFFF, KGO, KPIX, CALIFORNIA DEPARTMENT OF CORRECTIONS, BUSTDOWNCORN, TIKTOK, SAN DIEGO COUNTY DISTRICT ATTORNEY’S OFFICE, GETTY IMAGES, bustdowncorn/TikTok By Veronica Miracle and Jeffrey Kopp, CNN San Francisco (CNN) — For the first time in ten years, California voters could get the opportunity to change a controversial law aimed at criminal justice reform. A new

By Chris Isidore, CNN New York (CNN) — A massive controlled burn that sent toxic chemicals into the air of East Palestine, Ohio, in February 2023 was not necessary, the chair of the National Transportation Safety Board testified at a Senate hearing Wednesday. Under questioning from Sen. J.D. Vance, an Ohio Republican, NTSB Chair Jennifer

By Ramishah Maruf, CNN New York (CNN) — We’ve all seen the combination Taco Bell and KFC, or the joint Auntie Anne’s and Cinnabon. Now another dual-branded restaurant could enter the US dining landscape. Dine Brands Global is considering an Applebee’s and IHOP combination, according to an earnings call on February 28. Dine Brands is

CNN By Elizabeth Wagmeister, CNN (CNN) — Barbie has had quite the year. As she celebrates her 65th birthday this week, the newly minted movie star has inspired a worldwide cultural movement and will make her grand debut at the Academy Awards this upcoming weekend with eight nominations. “Barbie” – the movie – was a

By Elizabeth Wagmeister, CNN (CNN) — Barbie has had quite the year. As she celebrates her 65th birthday this week, the newly minted movie star has inspired a worldwide cultural movement and will make her grand debut at the Academy Awards this upcoming weekend with eight nominations. “Barbie” – the movie – was a smash

By Hannah Rabinowitz and Brian Fung, CNN (CNN) — A Google employee was charged Tuesday with stealing artificial intelligence trade secrets from the tech giant while secretly working with two Chinese-based companies in the AI industry. Linwei Ding, who also goes by Leon Ding, is charged with four counts of theft of trade secrets. If

By Ramishah Maruf, CNN New York (CNN) — Linkedin was back online Wednesday after tens of thousands of users reported outages on the professional networking site, according to outage tracker Downdetector. The outage lasted about an hour, according to LinkedIn’s status page. LinkedIn confirmed the outage on X, saying its teams were working to resolve

By Gregory Wallace and Pete Muntean, CNN (CNN) — Boeing has not turned over important records to investigators probing the door plug blowout on a 737 Max earlier this year, investigators say. That, Boeing signaled Wednesday afternoon, is because there are no records. The records in question are documentation of steps on the assembly line

By Samantha Delouya, CNN (CNN) — Regulators on Wednesday passed a rule requiring companies to share how much they pollute. But, after two years of backlash, the final rule was significantly watered down from its original version. Some business leaders and lawmakers said the rule overstepped; climate activists argued it didn’t do enough. The version

By Anna Cooban, CNN London (CNN) — The United Kingdom has announced that it will scrap a 225-year-old rule that has allowed many of its richest residents to pay hardly any tax on their vast foreign earnings — a benefit enjoyed at one point by the prime minister’s wife. The axing of the non-domiciled tax regime

By Elisabeth Buchwald, CNN New York (CNN) — Beleaguered regional lender New York Community Bank (NYCB) is receiving a more than $1 billion equity investment. The majority of the investment, $450 million, is coming from former Treasury Secretary Steven Mnuchin’s firm, Liberty Strategic Capital. The remaining sum will come from Hudson Bay Capital, Reverence Capital

By Clare Duffy, CNN New York (CNN) — A Microsoft employee is warning the company’s artificial intelligence systems could create harmful images, including sexualized images of women, according to a letter he sent to the US Federal Trade Commission Wednesday. Shane Jones, a Microsoft principal software engineering lead, claimed that the company’s AI text-to-image generator

By Jordan Valinsky, CNN New York (CNN) — Starbucks’ Middle East franchisee, Alshaya Group, is cutting thousands of jobs at its coffee shops because of a “challenging” work environment as the chain grapples with boycotts over the brand relating to Israel’s war against Hamas in Gaza. In a statement to CNN, Alshaya said the layoffs