Money

By Hanna Ziady and Tami Luhby, CNN London (CNN) — The US government’s debt has topped $34 trillion for the first time, just weeks ahead of deadlines for Congress to agree to new federal funding plans. Data published by the Treasury Department showed that “total public debt outstanding” rose to $34.001 trillion on December 29.

By Samantha Delouya, CNN (CNN) — Last month, three university presidents drew intense backlash for their testimonies on antisemitism on campus during a congressional hearing. Today, only one has still kept that position. When asked by Rep. Elise Stefanik (R-NY) in December whether “calling for the genocide of Jews” amounted to bullying and harassment on

CNN By Samantha Delouya, CNN (CNN) — Mickey Mouse has landed a new role: horror-movie villain. At least two films starring an early version of the Walt Disney Company’s famous mascot were announced this week as the copyright for Disney’s 1928 animated short film, “Steamboat Willie,” entered the public domain for the first time. A

By Jordan Valinsky, CNN New York (CNN) — Starbucks is expanding the ways its staff can fill customers’ personal cups as part of its ongoing efforts to reduce the massive amount of waste the coffee chain produces from its iconic cups constantly thrown in the trash. Beginning Wednesday, Starbucks is adding the reusable cup option

By Diksha Madhok, CNN New Delhi (CNN) — India’s top court ordered the country’s market regulator on Wednesday to conclude its investigation into the Adani Group quickly and said that no further probes are needed. The Securities and Exchange Board of India (SEBI) had completed 22 of 24 investigations into the Adani Group, the Supreme

CNN By Matt Egan, CNN New York (CNN) — Harvard President Claudine Gay announced Tuesday she is stepping down just six months into her presidency amid a firestorm of controversy at the university. “It is with a heavy heart but a deep love for Harvard that I write to share that I will be stepping

CNN, GETTY, X, @ASSAFDER, WHDH, CNN, CNN, GETTY, X/@Assafder, WHDH By Zoe Sottile and Eva Rothenberg, CNN (CNN) — After months of scrutiny, Harvard president Claudine Gay announced her resignation Tuesday, making hers the shortest term in the university’s history. Gay became Harvard’s first Black president in July 2023 after a career studying American political

By Zoe Sottile and Eva Rothenberg, CNN (CNN) — After months of scrutiny, Harvard president Claudine Gay announced her resignation Tuesday, making hers the shortest term in the university’s history. Gay became Harvard’s first Black president in July 2023 after a career studying American political behavior and serving in other administrative roles. Her resignation comes

By Ramishah Maruf, CNN New York (CNN) — The 2023 domestic box office surpassed $9 billion, the highest since the pandemic, Comscore said. However, it’s still $2 billion short of the yearly movie ticket sales reached before the pandemic. Despite a tepid fall season at the box office, the viral “Barbenheimer” phenomenon delivered a stunning

CNN By Matt Egan, CNN New York (CNN) — Harvard President Claudine Gay announced Tuesday she is stepping down just six months into her presidency amid a firestorm of controversy at the university. “It is with a heavy heart but a deep love for Harvard that I write to share that I will be stepping

By Nathaniel Meyersohn, CNN New York (CNN) — Cynthia Kelly thought she was buying Halloween-themed Reese’s Peanut Butter Pumpkins with a “cute” carving of a pumpkin’s mouth and eyes, as pictured on the product’s packaging. But when she opened it, she was horrified to find that there was no pumpkin carving at all. It was

By Samantha Delouya, CNN (CNN) — Mickey Mouse has landed a new role: horror-movie villain. At least two films starring an early version of the Walt Disney Company’s famous mascot were announced this week as the copyright for Disney’s 1928 animated short film, “Steamboat Willie,” entered the public domain for the first time. A teaser

By CNN Staff (CNN) — The following is Harvard President Claudine Gay’s resignation letter, issued on January 2, 2024: Dear Members of the Harvard Community, It is with a heavy heart but a deep love for Harvard that I write to share that I will be stepping down as president. This is not a decision

By Matt Egan, CNN New York (CNN) — Harvard President Claudine Gay announced Tuesday she is stepping down just six months into her presidency amid a firestorm of controversy at the university. “It is with a heavy heart but a deep love for Harvard that I write to share that I will be stepping down

By Bryan Mena, CNN Washington, DC (CNN) — The stakes could not be higher for the Federal Reserve this year. America’s central bank is on the verge of defeating inflation without causing a sharp rise in unemployment, an extremely rare feat known as a “soft landing.” Last year, as inflation drifted to its slowest annual

By Krystal Hur and Samantha Murphy Kelly, CNN New York (CNN) — Apple stock fell on the first trading day of the year, weighing down the US stock market and snarling Big Tech’s gangbusters 2023 rally. Shares of the iPhone maker sank 3.6% on Tuesday after Barclays downgraded the stock to an “underweight” rating from

By Hanna Ziady, CNN London (CNN) — Maersk has suspended shipping through the Red Sea and Suez Canal — one of the world’s most important maritime trade routes — “until further notice” as it continues to review security following an attack on one of its vessels. The extended suspension reflects concern among international shipping giants

By Brian Fung, CNN (CNN) — Investment giant Fidelity believes its shares of X, the platform formerly known as Twitter, are worth 71.5% less than when Musk first purchased the social media company in October 2022, according to a new securities filing. The latest disclosure by a Fidelity mutual fund reflects a long-running trend that

By Chris Isidore, CNN New York (CNN) — Tesla reported record quarterly sales in the final three months of last year, but it wasn’t enough for it to hang onto its title as the world’s largest maker of electric vehicles. The company reported global sales of 484,507 vehicles in the fourth quarter, a bit better

By Anna Cooban, CNN London (CNN) — Stocks slipped back on the first trading day of 2024, but oil prices rose 2% on escalating tensions in the Middle East and bitcoin got another bump to trade above $45,000. The Dow Jones Industrial Average index slipped 0.2%, while the S&P 500 index fell about 1%. The