CNN – Business/Consumer

By Samantha Delouya, CNN (CNN) — It’s been more than six years since Irvine, California, banned short-term rentals ­— and the city’s mayor hasn’t looked back. “It’s been great,” said Farrah Khan, mayor of Irvine, which is a city of about 300,000 in California’s Orange County. “In speaking to our residents, I think they appreciated

By Maria Sole Campinoti, CNN (CNN) — When a North Carolina man headed to a convenience store on Tuesday, he had no idea luck was on his side. Jerry Hicks, a master carpenter from Banner Elk, found a $20 bill in the parking lot of the store, he said in a news release. He spent

By Elisabeth Buchwald, CNN (CNN) — When considering who is living paycheck to paycheck, households with an income of six-figures or more likely aren’t the first to come to mind. But, as it turns out, about a fifth of US households that earn more than $150,000 a year are in that situation. That’s according to

By Erika Tulfo, CNN (CNN) — Not all that glitters is gold, but the value of the precious metal has been surging this year. Gold prices have broken record after record, rising more than 30% in 2024 while hitting an all-time high of $2,748.23 this week. The Federal Reserve’s recent dramatic half-point interest rate cut,

By Liam Reilly, CNN New York (CNN) — The daughter of Los Angeles Times owner Patrick Soon-Shiong suggested on Saturday that herfather’s decision to block the newspaper’s endorsement of Vice President Kamala Harris was made over Harris’ support for Israel’s war in Gaza. Nika Soon-Shiong, a 31-year-old activist who has no official role at the newspaper but has previously been accused of meddling in its coverage, told The New York

By Nicole Goodkind, CNN New York (CNN) — Silicon Valley’s biggest names are about to reveal if their massive artificial intelligence investments are paying off or just burning cash. And the timing couldn’t be spookier. In what some analysts are calling the “show me the money” quarter, most of the major US tech titans will

By Hadas Gold, CNN New York (CNN) — One day after The Washington Post announced it would not endorse a presidential candidate in this year’s election or in the future, its billionaire owner remains silent as the newspaper’s staff are in turmoil. Jeff Bezos has so far declined to comment on the situation, even as

By Ramishah Maruf and Monica Haider, CNN New York (CNN) — The most popular spot on a late Friday night in a pocket of Manhattan’s West Village isn’t a trendy bar or a Michelin-starred restaurant but a Yemeni coffee house chain strictly serving coffee, tea and pastries. A step into Qahwah House on Carmine Street

By Clare Duffy and Way Mullery, CNN New York (CNN) — Over the past three years, Elon Musk has met dozens of times with presidents, prime ministers, lawmakers, government officials and political candidates from around the world. Some of these meetings have been highly publicized, like his visit to Israel with Prime Minister Benjamin Netanyahu

By Reuters (CNN) — Apple convinced a federal jury on Friday that health monitoring tech company Masimo’s smartwatches infringe two of its design patents. The jury, in Delaware, agreed with Apple that Masimo’s W1 and Freedom watches and chargers willfully violated Apple’s patent rights in smartwatch designs, awarding the tech giant $250 in damages. Apple’s attorneys told the court the “ultimate

By Alicia Wallace, CNN (CNN) — Striking workers will take at least a 44,000-job bite out of the October jobs report, according to new data released Friday. That’s the biggest monthly employment knock in a year, according to the Bureau of Labor Statistics’ latest strike report. The largest chunk of that total comes from the 33,000

By Bryan Mena, CNN Washington (CNN) — Americans’ attitudes toward the economy improved this month thanks to lower interest rates. The University of Michigan’s latest consumer survey, released Friday, showed that sentiment rose in October for the third consecutive month, reaching its highest level since April. Americans’ expectations for inflation rates in the long run

By Jon Passantino, CNN (CNN) — Two more members of the Los Angeles Times editorial board resigned Thursday after the newspaper’s owner blocked an endorsement of Vice President Kamala Harris, a contentious decision that has engulfed the publication in turmoil. Robert Greene, a Pulitzer Prize-winning editorial writer, resigned from his position over billionaire Times owner