Money

By Ramishah Maruf, CNN Business Elon Musk is trolling again on Twitter, and this time his target is Sen. Bernie Sanders. “I keep forgetting you’re still alive,” Musk tweeted Sunday morning, in response to Sanders tweeting that the extremely wealthy should pay their fair share of taxes. CNN Business has reached out to Sanders for

CNN By Ramishah Maruf, CNN Business Mike Lindell doesn’t just sell pillows. He also sells false hope, CNN’s chief media correspondent Brian Stelter said on “Reliable Sources” Sunday. The My Pillow CEO is an insider in Trump world, rewarded with White House access and endorsements by the former president. Now, Lindell has moved on to

By Chris Isidore, CNN Business Elon Musk can thank investors for his staggering net worth of nearly $300 billion. But taxpayers played a crucial role as well. Just how much — or how little — Musk pays in taxes has gotten a lot of attention lately, and even prompted his Twitter poll last weekend that

By Parija Kavilanz, CNN Business It’s beginning to look a lot like pre-pandemic Christmas, with malls and stores bringing back tree lighting ceremonies, carol singers and a less socially distanced Santa this year. Photos with Santa, an annual holiday tradition for many families, were upended last year by the pandemic. Some retail locations that typically

By Paul R. La Monica and Julia Horowitz, CNN Business Consumer spending continues to power the US economy. Whether it’s to buy a new house or just a Squid Game plush toy from Amazon, people still seem willing to shell out their hard earned cash for stuff. Retail sales in the United States soared more

By Frank Pallotta, CNN Business “Saturday Night Live” opened this weekend’s show with Sen. Ted Cruz taking kids to “Ted Cruz Street,” a play on “Sesame Street,” on a channel called “Newsmax Kids.” The Texas senator, who was played by Aidy Bryant, welcomed everyone to the show while standing near a stoop. “Hello, I’m Texas

By Ramishah Maruf, CNN Business Southwest Airlines is the latest carrier to offer new incentives to its employees during the holidays, as airlines gear up to avoid operational delays during a peak travel season. The company is offering operational employees, such as flight attendants and pilots, who work qualifying shifts between November 15 and January

By Chris Isidore, CNN Business Unions and management at Kaiser Permanente have reached a tentative agreement that avoids a strike that was to start Monday at 14 West Coast hospitals and hundreds of more clinics and medical offices. The strike would have been by 32,000 nurses, physician assistants, pharmacists and other health care professionals who

By Allison Morrow, CNN Business Confused about inflation? You’re not alone. Inflation is, paradoxically, both incredibly simple to understand and absurdly complicated. Let’s start with the simplest version: Inflation happens when prices broadly go up. That “broadly” is important: At any given time, the price of goods will fluctuate based on shifting tastes. Someone makes

By Nathaniel Meyersohn, CNN Business Bummer for bargain hunters: It may be harder to snag designer clothes at T.J. Maxx, Burlington and Ross. These discount chains thrive when there is a glut of clothing in the market. They can scoop in and buy premium apparel and shoe brands’ excess inventory for cheap — and then

By Laura Smith-Spark, CNN Northern Ireland is once again at the center of post-Brexit tensions between the United Kingdom and the European Union, after both sides fired up the rhetoric in recent days before promising to intensify talks. UK Prime Minister Boris Johnson and his Brexit minister, David Frost, argue that the Northern Ireland Protocol

CNN By Kristin Fisher and Pete Muntean, CNN Business One of Blue Origin’s newest astronauts, 49-year-old Glen de Vries, survived a ride to space in October alongside actor William Shatner. But less than a month later, he was killed in a small plane crash on Thursday in New Jersey. “Our thoughts and support go out

By Frank Pallotta, CNN Business Get ready to have this theme song stuck in your head again. “X-Men: The Animated Series” is coming back. “X-Men ’97,” a reboot of the beloved ’90s children’s show that followed the adventures of Marvel’s favorite mutants, will debut new episodes on Disney+ in 2023. The announcement came Friday during

CNN By Frank Pallotta, CNN Business Taylor Swift fans entered a state of grace on Friday thanks to the artist re-releasing one of her most beloved albums, 2012’s “Red.” Why would one of the biggest names in music — who is already fairly busy releasing multiple albums over the last year and a half —