Money

By Alicia Wallace, CNN Minneapolis (CNN) — More prime working age women are employed in the United States now than ever before. The labor force participation rate for women between 25 and 54 years old set a record high in April and then again in May, rebounding from the pandemic “she-cession” and returning to its

By Catherine Thorbecke (CNN) — Twitter failed to pay out annual bonuses to staff after its acquisition by billionaire Elon Musk despite repeated assurances from executives in the lead-up to the deal closing that the company would do so, according to a new lawsuit filed on behalf of employees. The lawsuit was filed in a

CNN By Allison Morrow, CNN New York (CNN) — Stockton Rush, the CEO of OceanGate and one of five people on the submersible missing in the North Atlantic, has cultivated a reputation as a kind of modern-day Jacques Cousteau — a nature lover, adventurer and visionary. Rush has approached his dream of deep-sea exploration with

By Brian Fung, CNN (CNN) — Senate Majority Leader Chuck Schumer announced a broad, open-ended plan for regulating artificial intelligence on Wednesday, describing AI as an unprecedented challenge for Congress that effectively has policymakers “starting from scratch.” The plan, Schumer said at a speech in Washington, will begin with at least nine panels to identify

By Michael Nam, CNN Business New York (CNN) — Princess Peach, the iconic video game damsel-in-distress, is getting her own Nintendo Switch adventure — sans Super Mario. The Japanese video game giant made the surprise brief announcement of its untitled project during its latest Nintendo Direct stream Wednesday, teasing some cinematics and gameplay that showed

By Rebekah Riess and Ramishah Maruf, CNN New York (CNN) — The Georgia autoshop owner who in 2022 paid one of this employees his final wage by dumping 91,500 oil-covered pennies in his driveway has been ordered by a federal judge to pay nearly $40,000 in additional back wages and damages to his employees, court

CNN By Brian Fung, CNN (CNN) — The Federal Trade Commission sued Amazon on Wednesday, alleging that the e-commerce giant has tricked millions of consumers into signing up for its Prime subscription service through deceptive user interface designs. The complaint filed in the US District Court for the Western District of Washington also takes aim

By Hanna Ziady, CNN London (CNN) — Ukraine’s long-awaited push to liberate territory held by Russia may have got off to a slow start, but the country is already planning for its future after the war — and turning to private investors for help. More than 400 global companies pledged support Wednesday for rebuilding the

By Bryan Mena, CNN Washington, DC (CNN) — Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on Wednesday as part of his semiannual report to both chambers of Congress. He is set to appear before the Senate Banking Committee on Thursday. Powell’s testimony came just one week after the central bank

By Jordan Valinsky, CNN Business New York (CNN) — Tito’s Handmade Vodka is elevating its war against canned cocktails. For $200, the vodka maker is selling a “Tito’s in a Big Can,” which is a 128-ounce empty mini-keg that encourages drinkers to make their own cocktails rather than giving into the “canformity” (their word) of

By Danielle Wiener-Bronner, CNN New York (CNN) — If you have a sweet tooth, take note: Cocoa prices have been soaring — and that could drive chocolate prices higher. Higher prices can be helpful for struggling cocoa farmers. But those prices, along with high prices of other key chocolate ingredients, might not be great news

CNN By Anna Cooban, CNN London (CNN) — German tabloid newspaper Bild plans to cut hundreds of jobs as it scales back its regional operations this year — and ramps up its use of artificial intelligence in preparation for a digital-only future. Axel Springer, which publishes Germany’s biggest-selling daily newspaper, told employees in an email

By Anna Cooban, CNN London (CNN) — German tabloid newspaper Bild plans to cut hundreds of jobs as it scales back its regional operations this year — and ramps up its use of artificial intelligence in preparation for a digital-only future. Axel Springer, which publishes Germany’s biggest-selling daily newspaper, told employees in an email Tuesday