Money

By Alicia Wallace, CNN (CNN) — The barrage of economic data released so far this week has painted a pretty clear picture: Growth is rock solid, and inflation is all but tamed. In any other month, the finishing touch would be a clean reading on the labor market from the official jobs report. However, it’s

By Alicia Wallace, CNN (CNN) — Inflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed prices rose 2.1% for the year ended in September, a slowdown from 2.3% in August, according to Commerce Department

By Jeanne Sahadi, CNN (CNN) — A lot of people stick with their bank for years. Many, many years. That may be because they’re satisfied with the services they get. But in some instances it may be because it’s just too much of a hassle to move their money, especially if they have automated bill

By Matt Egan, CNN New York (CNN) — After a ridiculous spike over the past five weeks that had absolutely nothing to do with the company’s actual business, former President Donald Trump’s social media stock is suffering a sudden setback. Truth Social owner Trump Media & Technology Group’s share price plunged 22.3% on Wednesday. That marks

By Jordan Valinsky, CNN New York (CNN) — People apparently can’t get enough of the Big Smasher burger, $6 margaritas and Triple Dipper combination platters at Chili’s. Brinker International, Chili’s parent company, reported a 14% jump in same-store sales and 6.5% increase in traffic as the chain continues to perform strongly with promotions that target

By Hanna Ziady, CNN London (CNN) — The United Kingdom is raising taxes by an eye-watering £40 billion ($52 billion), as the government seeks to plug a hole in its finances by targeting higher earners, wealthy foreigners and businesses. UK finance minister Rachel Reeves, the first woman to ever hold the position, unveiled the tax

By Erika Tulfo, CNN (CNN) — The trading card industry has gone to the dogs — literally. Topps, Fanatics’ trading card company, is partnering with the Westminster Kennel Club to release a line of inserts named “Stars of the Show,” which feature champion pooches from Sage the Miniature Poodle to Trumpet the Bloodhound. Included in

By Bryan Mena, CNN Washington (CNN) — The US economy seems to have pulled off a remarkable and historic achievement. Yet with just days to go before the presidential election, the majority of voters say they remain displeased with the state of the economy. Gross domestic product, which measures all the goods and services produced

By Alicia Wallace, CNN (CNN) — Private sector hiring blew past expectations in October, another sign that the US labor market remains on solid footing, payroll processor ADP reported Wednesday. Non-governmental employers added 233,000 jobs in October, a sharp acceleration from the 159,000 net increase reported for September, according to ADP’s latest National Employment Report.

By Piper Hudspeth Blackburn, CNN (CNN) — While gamblers outside of the United States have long been able to place bets on who will win the White House, in a historic shift this election cycle, Americans can make political wagers of their own. More than $100 million in election bets have been traded on Kalshi, a federally

By Clare Duffy, CNN New York (CNN) — “There is a platform out there that you might not have heard about, but you need to know about it because, in my opinion, we are behind the eight ball here. A child is gone. My child is gone.” That’s what Florida mother Megan Garcia wishes she