CNN – Business/Consumer

By Emma Lacey-Bordeaux, CNN (CNN) — Graduation day dawns sunny and warm for the first day of November, but the weather hardly matters for the joint MIT-Georgetown coding class, which takes place at the Correctional Treatment Facility, one of the two facilities that make up the DC jail complex. For twelve weeks, the students worked

CNN Analysis by Stephen Collinson, CNN (CNN) — Donald Trump’s siding with Elon Musk over visas for high-tech workers is the most significant example yet of the president-elect favoring powerful elements in his new MAGA coalition over his base’s anti-immigrant DNA that he twice tapped in his rise to power. The boiling holiday feud over

By Donie O’Sullivan, CNN (CNN) — The debate roiling the MAGA world in recent days over visas for highly skilled workers shows no signs of abating. Some prominent online personalities are now accusing Elon Musk of using his social media platform, X, to retaliate against those who disagree with his support of the H-1B visa

By Nathaniel Meyersohn, CNN New York (CNN) — Costco is battling an anti-DEI wave with a stern rebuke to activist shareholders looking to end the warehouse retailer’s diversity ambitions. Walmart, John Deere, Tractor Supply and other companies are changing or walking away from diversity, equity and inclusion (DEI) policies. But Costco believes DEI helps its

By Marshall Cohen, CNN Washington (CNN) — Smartmatic, the voting technology company suing Fox News over its promotion of 2020 election lies, is trying to obtain evidence from the secret court battle between Rupert Murdoch and his children over the future of his right-wing media empire. For the first time, Smartmatic has gone directly to

By Samantha Delouya, CNN (CNN) — Homelessness in the United States soared to the highest level on record, according to government data released Friday. More than 770,000 people experienced homelessness in 2024, an 18% increase from 2023, the US Department of Housing and Urban Development reported. It was the largest annual increase since HUD began

By Lucy Bayly, David Goldman and Matt Egan, CNN (CNN) — US stocks ended Friday in the red, closing out a lackluster week despite a year of historic highs. The Dow was lower by 333 points, or 0.78%, after the closing bell. The S&P 500 lost 1.1% and the Nasdaq Composite was down by 1.5%,

Reuters (Reuters) — Osamu Suzuki, an ingenious penny pincher who led Japan’s Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94. He died on December 25 of lymphoma, said the company, which he steered ambitiously, during his time as either

By Tami Luhby, CNN (CNN) — Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish. Addressing the debt ceiling, which will be reinstated on January 2, is still on the list of congressional Republicans’ New Year’s resolutions. The House last week fell

By Nathaniel Meyersohn, CNN New York (CNN) — Three weeks after the murder of UnitedHealthcare CEO Brian Thompson, companies and executives are closely monitoring threats from customers and shoring up their security vulnerabilities. A Texas man was arrested Friday for allegedly threatening Capital One executives over email, in which he expressed frustration over a disputed

By Chris Isidore, CNN New York (CNN) — United Auto Workers union President Shawn Fain was one of the most prominent union leaders backing Vice President Kamala Harris in this year’s US presidential election and one of the harshest critics of Donald Trump while on the campaign trail. And because of that, he’ll have a

By Dawn Sawyer and Dalia Faheid, CNN (CNN) — One Mega Millions ticket sold in Northern California has won Friday’s estimated $1.22 billion jackpot – believed to be the fifth-largest prize in the history of the game, the lottery says. The ticket – the first to win the jackpot in over 100 days – matched

By Olesya Dmitracova, CNN London (CNN) — The sun is setting on 2024, but the consequences of its many events will be felt around the world well into next year and beyond. This year, Israel’s war against Hamas in Gaza escalated and spilled over to Lebanon, where Israel waged a war on Hezbollah until a

By David Goldman and Elizabeth Wagmeister, CNN (CNN) — The NFL’s Netflix debut was a success – as far as streaming goes, anyway. But even with Beyoncé performing at halftime, the games’ ratings were roughly on par with last year’s Christmas viewership, which was aired on broadcast and cable TV. The late Ravens-Texans game averaged

By Bryan Mena, CNN (CNN) — Dick Parsons, an American businessman who led Time Warner and helped iconic US companies navigate tough circumstances, has died at 76. A prominent Black business executive, Parsons was known for his problem-solving prowess, steering major companies, including Time Warner and Citigroup, through periods of distress. He also advised US

By Bryan Mena, CNN Washington (CNN) — Thousands of Amazon workers have ended their days-long strike against the company, according to the Teamsters union. But tensions persist, with the union saying its efforts aren’t over. “Make no mistake the Teamsters will never let up and workers will never stop fighting for their rights at Amazon,”

By David Goldman, CNN (CNN) — Ryan Salame and Caroline Ellison, FTX executives convicted for their roles in the notorious crypto fraud led by their former boss Sam Bankman-Fried, have both shaved time off their lengthy prison sentences. Salame, a former top executive of FTX, the now-bankrupt cryptocurrency trading platform, pleaded guilty to criminal fraud

By Chris Isidore, CNN New York (CNN) — The best time to buy an electric vehicle may be right now. That’s because a $7,500 federal tax credit could soon disappear. President-elect Donald Trump has said he will move to eliminate the tax credit, possibly as soon as he takes office. It is even conceivable that

By Alicia Wallace, CNN (CNN) — With three seconds left on the clock, the score knotted up at 58 — the fifth tie of the fourth quarter — Notre Dame had the ball and a chance to win its first women’s basketball title. The inbound went to Arike Ogunbowale, who muscled through the defense, dribbled

By Lauren Mascarenhas and Dalia Faheid, CNN (CNN) — This holiday season, a lucky Mega Millions player might receive a $1.15 billion belated Christmas gift after no one won Tuesday’s jackpot. Friday’s grand prize has now soared to an estimated $1.15 billion – the largest prize ever offered in the month of December. That’s $516.1

Story by Reuters (Reuters) — Iranian authorities have lifted a ban on Meta’s (META.O) instant messaging platform WhatsApp and Google Play (GOOGL.O) as a first step to scale back internet restrictions, Iranian state media reported on Tuesday. The Islamic Republic has some of the strictest controls on Internet access in the world, but its blocks

CNN By Brian Stelter, CNN New York (CNN) — The incoming chairman of the Federal Communications Commission is sending a stern message to the owners of television stations and networks. And he is using ABC’s recent settlement with President-elect Donald Trump as a news peg of sorts. Brendan Carr, a Trump-appointed commissioner who will become

By Jordan Valinsky, CNN New York (CNN) — Following a brief outage that grounded all American airlines flights during one of the busiest travel periods of the year, American Airlines says it has resumed service Tuesday morning, albeit with substantial delays. American Airlines said a “vendor technology issue” was responsible for delaying all of its

By Jeanne Sahadi, CNN (CNN) — Who couldn’t use a little extra cash this month without having to lift a finger? A million tax filers are getting letters from the IRS indicating they have money coming to them because they were eligible to receive the 2021 Recovery Rebate Credit but didn’t claim it on their

By Samantha Delouya, CNN (CNN) — It has been just over two years since Zach Wiener awoke to the sound of glass breaking and his parents’ screams from the floor below him. He was in an unfamiliar bedroom, staying in a short-term rental home in Sag Harbor, New York, for a weeklong family vacation with

By Kayla Tausche, CNN (CNN) — A committee of top government agency officials has notified President Joe Biden that it has not reached a consensus on whether a sale of US Steel to a Japanese rival poses a national security risk, according to two sources familiar with the matter. The fate of Nippon Steel’s acquisition

By Kelly Murray, CNN (CNN) — A life-altering payday will soon be in store for one lucky New Jersey Lottery winner. The winner of a $1.128 billion Mega Millions jackpot has finally come forward to claim their staggering windfall nearly nine months since the ticket was drawn, according to a New Jersey Lottery press release.

By Ramishah Maruf, CNN New York (CNN) — The Consumer Financial Protection Bureau sued Walmart and fintech company Branch Messenger for allegedly forcing more than a million delivery workers to use expensive deposit accounts to access their paychecks, the agency announced Monday. The companies opened deposit accounts for Walmart’s drivers with their personal information, such

By Brian Stelter, CNN New York (CNN) — The incoming chairman of the Federal Communications Commission is sending a stern message to the owners of television stations and networks. And he is using ABC’s recent settlement with President-elect Donald Trump as a news peg of sorts. Brendan Carr, a Trump-appointed commissioner who will become chairman