Money

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

By Olesya Dmitracova, CNN London (CNN) — Iceland’s economy is outperforming most European peers after the nationwide introduction of a shorter working week with no loss in pay, according to research released Friday. Between 2020 and 2022, 51% of workers in the country had accepted the offer of shorter working hours, including a four-day week,

By Nathaniel Meyersohn, CNN New York (CNN) — Family Dollar has announced 677 store closings this year. Walgreens is closing 259. Big Lots is closing 360. LL Flooring is shutting down entirely. Major retailers have announced 6,189 store closures so far this year, already outpacing last year’s total of 5,553, according to Coresight Research. Chains

Analysis by Nicole Goodkind, CNN New York (CNN) — Wall Street’s winning streak may be coming to an end. After a rally that matched records set during both the fall of the Berlin Wall and the bull run of 2004, markets are wavering, with the Dow notching its fourth-straight day of losses on Thursday. Until

By Jeanne Sahadi, CNN (CNN) — Choosing when to vote is usually about finding that one block of time between your responsibilities at home and at work. But, in many states, your calculation might also include the fact that, by law, your employer must allow you some time off during the workday to vote, albeit

By Evan Perez and Hannah Rabinowitz, CNN (CNN) — The Justice Department is preparing to defend its use of diversity policies in choosing an independent monitor to oversee a plea agreement with Boeing Co., setting up a potential clash with a conservative judge that could delay a deal the company is eager to implement. The

By Ramishah Maruf, CNN New York (CNN) — Sam’s Club has now entered the Thanksgiving meal deal wars. Sam’s Club on Thursday announced a Member’s Mark Thanksgiving meal, which feeds up to 10 people for under $100, made up of the warehouse club’s private label products. That follows Aldi, which released its lowest-priced Thanksgiving meal

By Erika Tulfo, CNN (CNN) — Prime members can now add “fuel discounts” to their ever-growing list of benefits. The newest perk from e-commerce giant Amazon will allow members to save 10 cents per gallon at the gas pump (up to an average of nearly $70 a year) at around 7,000 participating BP, Amoco, and

By Graham Hurley, CNN (CNN) — The winning ticket for Wednesday’s Powerball jackpot was sold in Buford, Georgia, the first time the top prize has been won in the state since 2016. The ticket matching all six numbers, worth $478.2 million, was sold at Quick Mart on Buford Dam Road, according to a news release from Powerball. The winner can

By John Towfighi, CNN Baltimore (CNN) — A new lawsuit alleges Vince McMahon knowingly enabled the sexual exploitation of children by a WWE employee in the 1980s. The suit, filed on behalf of five former WWE “Ring Boys,” alleges McMahon, his wife Linda McMahon, the WWE, and TKO Group Holdings, the league’s parent company, knowingly

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — Problems at Boeing go back years, if not decades. And they just got a lot harder to fix. In addition to the spate of safety incidents that has undermined the company’s public image, raised worries about quality, sparked numerous investigations and led to a

By Bryan Mena, CNN Washington (CNN) — US mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer when mortgage rates fell in anticipation of a rate cut from the Federal Reserve as inflation improved. The average rate on a