Money

By Jeanne Sahadi, CNN New York (CNN) — Former US Vice President Al Gore, 75, is stepping down from Apple’s board because of the company’s age-based restrictions for its directors, and it raises the question of ageism in Corporate America. By no means is age 75 — or any age over 65 — an automatic

Elizabeth Wagmeister Los Angeles (CNN) — After a year in which both actors and writers hit the picket lines, another Hollywood strike may be on the horizon. The American Federation of Musicians (AFM), a union representing musicians across the entertainment industry, will begin negotiations Monday on a new contract with the Alliance of Motion Picture

By Samantha Delouya, CNN Los Angeles (CNN) — The US economic picture of the last few years has been defined by an ultra-strong labor market. But new online job posting data suggests a possible slowdown: Total job postings on online job site Indeed have fallen more than 15% compared to the start of 2023, according

By Nathaniel Meyersohn, CNN New York (CNN) — In America, traveling through red lights on right turns has become a rule of the road. Frequently, you get honked at if you don’t speed through fast enough. But the widespread driving practice is now coming under scrutiny, and facing government curbs, for being too dangerous. Years

By Matt Egan, CNN New York (CNN) — Harvard University submitted a trove of documents on Friday to House lawmakers investigating the plagiarism scandal surrounding former President Claudine Gay. The documents represent the most detailed glimpse yet into Harvard’s review of the plagiarism allegations surrounding Gay, who stepped down earlier this month amid a firestorm

By Ramishah Maruf, CNN New York (CNN) — Applebee’s will offer a subscription date night pass for $200, beginning on Monday. The pass will cover roughly a year of weekly date nights, according to the company. Starting February 1 — about two weeks before Valentine’s Day — and ending on January 31, 2025, the pass

By Catherine Thorbecke, CNN (CNN) — A Russian hacking group gained access to some email accounts of Microsoft senior leaders, the software giant disclosed in a regulatory filing Friday afternoon. “The Microsoft security team detected a nation-state attack on our corporate systems on January 12, 2024, and immediately activated our response process to investigate, disrupt

By Nicole Goodkind and Krystal Hur, CNN New York (CNN) — The S&P 500 index closed Friday at a record high, fueled by surging tech stocks and bets that the Federal Reserve will cut interest rates this year. The benchmark index closed at 4,839.81, besting its previous high of 4,796.56, reached on January 3, 2022. Earlier in the trading

By Chris Isidore, CNN New York (CNN) — JetBlue Airways and Spirit Airlines filed an appeal late Friday of the federal court ruling from earlier this week that had blocked their proposed merger on antitrust grounds. The two-page appeal filed after the market close on Friday did not lay out any legal argument for the

By Ramishah Maruf, CNN New York (CNN) — The future of Sports Illustrated was uncertain Friday after the publisher of the iconic magazine and website laid off most or “probably all” of its guild-represented staff, its union said. In a memo sent to staff viewed by CNN, the magazine’s publisher said it is “laying off

By Peter Valdes-Dapena and Chris Isidore, CNN (CNN) — Ford will shut down one of two production shifts in April at the Dearborn, Michigan, factory that builds the F-150 Lightning electric pickup. The move is part of “matching F-150 Lightning production to customer demand,” the company said Friday. General Motors recently made a similar announcement

By Brian Fung, CNN (CNN) — The US government is coming down hard on a data broker accused of selling consumers’ detailed location histories without their consent, highlighting privacy regulators’ growing focus on a sensitive and revealing form of personal information. For the first time ever, the Federal Trade Commission said Thursday it was banning

By Anna Cooban, CNN London (CNN) — Germany’s finance minister has shrugged off suggestions his country has once again become the “sick man” of Europe. It’s just a little tired and in need of a “cup of coffee,” he said Friday. Long the engine of growth in Europe, Germany’s economy shrank last year by 0.3%,

By Clare Duffy, CNN New York (CNN) — An Apple executive in 2020 alerted Meta that their 12-year-old child had been “solicited” on Facebook, according to a newly unredacted version of the complaint in a lawsuit against Meta brought by New Mexico’s Attorney General in December. The lawsuit accuses Meta of creating a “breeding ground”

By Bryan Mena, CNN Washington, DC (CNN) — Americans’ attitudes on the economy are improving substantially as inflation slows. The University of Michigan’s latest consumer survey showed that sentiment improved greatly this month, soaring 13% from December, according to a preliminary reading released Friday. Sentiment reached its highest level since July 2021. “Consumer views were

By Anna Bahney, CNN Washington, DC (CNN) — The residential real estate market tumbled in 2023, as soaring interest rates steadily slowed sales activity — but home prices still hit a record high. The median home sale price in 2023 was $389,800, up about 1% from 2022 and the highest on record, according to data

By Jordan Valinsky, CNN New York (CNN) — Wayfair is laying off 1,650 employees, amounting to 13% of its global workforce, as the online home goods retailer struggled to rebound following its success amid pandemic lockdowns. CEO Niraj Shah, who recently went viral for telling his employees to work harder, said in an open letter

CNN Analysis by Allison Morrow, CNN New York (CNN) — Gen Z is coming into the workforce and — in one of the grand traditions of what Millennials cringe-ily called “adulting” — they’re complaining about how much easier older generations had it. Before all the Boomers and Slackers throw their tablets across the room, let

By Allison Morrow, CNN Lansdale, Pennsylvania (CNN) — Rachael Gambino and Garrett Mazzeo planned their financial life by the book: They went to college, paid down debt, saved aggressively, got married, bought a house, started a family. The dream. But sitting at the kitchen table of their suburban Pennsylvania home — an asset they feel both lucky