Money

By Samantha Delouya, CNN (CNN) — Israel’s prolonged war with Hamas is going to become a significant economic and political burden for the country over the long haul, Moody’s said Friday. So the agency downgraded Israel’s credit rating. Moody’s Investors Service downgraded Israel’s debt rating from A1 to A2 on Friday, underscoring the economic damage

By Catherine Thorbecke, CNN New York (CNN) — Hillary Clinton, Sheryl Sandberg and a coalition of scholars, government officials and legal experts discussed Friday how to prevent sexual violence as a weapon of war. “We have seen an epidemic, an alarming epidemic of gender-based violence as a weapon of war,” Clinton said during her opening

By Oliver Darcy, CNN (CNN) — Noah Shachtman, the hard-charging editor with a knack for scrutinizing the rich and powerful, announced Friday that he is resigning from his post as editor-in-chief of Rolling Stone, following discussions with the iconic music and culture magazine’s top boss about the publication’s direction. Shachtman, who will formally step down on March 1, said in a statement that he

By Oliver Darcy, CNN (CNN) — Colin Jost will be live from Washington, DC — not New York — on the final Saturday night of April. The “Saturday Night Live” comedian, featured in the “Weekend Update” segments, was selected by the White House Correspondents’ Association as the entertainer for the press organization’s 2024 dinner, set

By Chris Isidore, CNN New York (CNN) — No one’s trip to the Super Bowl is getting more attention than Taylor Swift. Her plan to make it from a Saturday night concert in Tokyo to Vegas for Sunday’s big game depends on a private jet. But she’s not the only one who isn’t flying commercial.

By David Goldman and Paradise Afshar, CNN (CNN) — A jury has awarded climate scientist Michael Mann more than $1 million in a defamation lawsuit he brought against a former scholar and a media personality who lampooned Mann’s work. The legal battle has been ongoing for more than a decade. Mann initially filed a lawsuit

By Jordan Valinsky, CNN New York (CNN) — Unilever is the latest company to report a rough fourth quarter because of boycotts against the company over the war in the Middle East. The company, which makes Vaseline, Dove soaps, Rexona deodorant and other household staples, said that sales declined 15% in Indonesia in the last

By Peter Valdes-Dapena, CNN (CNN) — Ford says it has a top-secret, high-powered team working to design its future electric vehicles. It’s part of a quest to compete profitably against Tesla and lower cost EV makers from China. People in the market for an electric luxury vehicle can find plenty of options to choose from.

By Clare Duffy, CNN New York (CNN) — A former TikTok senior executive is suing the company alleging that she experienced discrimination based on her age and gender during her three years working for the company. Katie Puris, who worked in marketing at TikTok starting in 2019, says she faced uneven expectations as a woman,

By Rosa Rahimi, CNN (CNN) — Meta has removed the Facebook and Instagram accounts of Iran’s Supreme Leader, Ayatollah Ali Khamenei. Khamenei’s Facebook and Instagram accounts are no longer available. According to Meta, the accounts have been disabled, which means they are permanently removed. “We have removed these accounts for repeatedly violating our Dangerous Organizations

By Elisabeth Buchwald, CNN New York (CNN) — Last year, the Federal Reserve was caught off guard when the Bureau of Labor Statistics released revised Consumer Price Index figures showing inflation rose in December 2022 and did not fall as previously thought. That left Fed officials bracing for the latest batch of revised CPI data,

By Rob Picheta, Caitlin Danaher and Max Foster, CNN London (CNN) — Prince Harry will receive a “substantial” payout after settling the remaining parts of his phone-hacking case against the publisher Mirror Group Newspapers (MGN), his lawyer told the High Court in London Friday, according to the UK’s PA Media news agency. Lawyer David Sherborne

By Chris Liakos and Mylene Loubiere-Anderson, CNN Paris/Hong Kong (CNN) — The French offices of Chinese tech giant Huawei were searched this week, the company confirmed Friday, saying it was fully cooperating with the authorities. A French judicial source told CNN Thursday that the raid had been carried out as part of a preliminary probe

By Jordan Valinsky, CNN New York (CNN) — Tuning into the Super Bowl used to be easy — flick on the TV and find the broadcast channel or channels it was airing on. It’s still that way, but for cord-cutters that don’t have a TV package or antenna, it’s a little more complicated. This year,

By Elizabeth Wagmeister, CNN Los Angeles (CNN) — After Ben Affleck appeared as a Dunkin’ drive-thru worker in a Super Bowl commercial last year, the breakfast chain’s sales exploded. “They sold more donuts the next day than any other day in their history,” an individual close to the Dunkin’ Super Bowl campaign told CNN. “That

By Matt Egan, CNN New York (CNN) — US business leaders are feeling more bullish about the direction of the economy — even as their worries about the upcoming presidential election mount. For the first time in two years, optimism outweighs pessimism among CEOs, according to a CEO confidence measure for the first quarter released

By Nathaniel Meyersohn, CNN New York (CNN) — Professional sports teams are becoming real estate empires, building luxury apartments and shopping malls. For decades, major league teams depended on ticket sales, concessions and TV deals to generate revenue. But team owners in recent years have turned to real estate development to bring in extra cash

By Jordan Valinsky, CNN New York (CNN) — Move over vapes, Americans appear to have a new addiction: Zyn, a tobacco-free nicotine pouch product, that has exploded in sales over the past year. Philip Morris International announced Thursday that it shipped about 350 million cans of Zyn in 2023, a whopping 62% growth compared to

By Jeanne Sahadi, CNN New York (CNN) — A majority of Black Americans say they feel at least somewhat successful but nevertheless feel financial pressures regardless of income, according to a new survey released Thursday by the Pew Research Center. The survey of more than 4,700 Black Americans sought their views on what constitutes success

By Alicia Wallace, CNN New York (CNN) — High commercial real estate vacancies are expected to create some stress for smaller banks, Treasury Secretary Janet Yellen said Thursday. However, she said she does not see them as causing a systemic risk to the nation’s financial system. Appearing on the Hill as part of annual testimony