Money

By Clare Duffy, CNN New York (CNN) — Elon Musk’s social media platform X on Tuesday announced it’s hiring a new head of safety as it faces ongoing scrutiny over the spread of hateful speech, conspiracy theories and other controversial content on the platform. Kylie McRoberts — a nearly four-year veteran of the company formerly known

By Matt Egan, CNN (CNN) — Don Hankey, the chairman and majority shareholder of Knight Specialty Insurance, told CNN on Tuesday that the deal to underwrite former President Donald Trump’s $175 million bond in New York came together quickly and that Trump posted all cash as collateral. “It’s what we do. I’m happy to do it. We

By Nicole Goodkind, CNN New York (CNN) — Some people go to Costco for its $1.50 hot dogs, others for its $179 Ozempic prescriptions. The warehouse retailer is now offering its US members access to prescriptions for GLP-1 weight loss drugs through its low-cost health care partner Sesame. Costco first partnered with Sesame, a direct-to-consumer

By Jordan Valinsky, CNN New York (CNN) — JetBlue is proving that not even your baggage is safe from dynamic pricing, with the airline rolling out fees that vary depending on the day of departure. The price of a first checked bag now ranges from $35 to $50 under a recently revealed fee structure that

By Hadas Gold and Samantha Delouya, CNN (CNN) — A bitter fight over the future of Disney is set to be decided this week as one of the most expensive proxy battles ever comes to a head at a high-stakes shareholder vote on Wednesday. At issue is Disney’s (DIS) stock price, which has risen nearly 50% over the

By Krystal Hur, CNN New York (CNN) — Stocks fell Tuesday as investors continued to worry that the Federal Reserve could cut interest rates later than expected. The Dow Jones Industrial Average dropped 395 points, or 1%, on Tuesday after declining more than 500 points at its lows. That means the blue-chip index had at

By Bryan Mena, CNN Washington (CNN) — Demand for workers in the US picked up slightly in February in a sign that the job market remains on strong footing, though layoffs also ticked up that month. There were a seasonally adjusted 8.8 million job openings in February, a notch higher than the prior month’s downwardly

By Anna Cooban, CNN London (CNN) — The global price of oil rose Tuesday to its highest level in seven months, propelled, in part, by concerns that mounting tensions in the Middle East could crimp supply. Brent crude, the world’s oil benchmark, climbed as much as 1.8% to $89 a barrel, the highest since early

By Chris Isidore, CNN New York (CNN) — Tesla posted its first annual drop in sales since the first year of the pandemic, as increased electric vehicle competition from Chinese and Western automakers ate into demand. CEO Elon Musk’s electric car company reported it built 433,000 vehicles but delivered only 387,000. That’s down from the

By Mariya Knight, CNN Atlanta (CNN) — A Russian court has extended the detention of US-Russian journalist Alsu Kurmasheva, Russian state news agency TASS reported from the courtroom Monday. Kurmasheva, the editor for the Tatar-Bashkir service of Radio Free Europe/Radio Liberty (RFE/RL), will now be detained until June 5, for failing to register as a foreign

By Bryan Mena, CNN Washington (CNN) — The tragic collapse of the Francis Scott Key Bridge last week claiming the lives of construction workers who were all Hispanic has rattled the Baltimore region to its core. As the local community begins the difficult work needed to return to some sense of normality, experts say that,

By Nicole Goodkind, CNN New York (CNN) — Eric Payne, a 37-year-old single father to two boys, works hard to stretch his paycheck each week. It’s a task he refers to as “clicking.” He makes a good salary – in the $80,000 range – but by the time all of the essential expenses have clicked

By Brian Fung, CNN (CNN) — Tens of millions of Americans could see skyrocketing internet bills this spring or may be abruptly kicked off their plans — and it will be congressional Republicans who are to blame, the Biden administration said Tuesday. The accusation reflects a last-ditch pressure campaign to save a federal program that

By Elizabeth Wolfe and Melissa Alonso, CNN (CNN) — The Powerball jackpot has ballooned to a tremendous $1.09 billion after yet another lottery drawing yielded no top winner Monday night. Monday’s winning numbers were: 19, 24, 40, 42, 56 and Powerball 23. The next drawing will be held Wednesday night. If a player finally snags the

By Vasco Cotovio, Clare Sebastian and Allegra Goodwin, CNN (CNN) — There’s a loud buzzing sound as a small silhouette approaches in the air. The noise is eerily reminiscent of Russian drone strikes on Ukraine, but this episode was recorded closer to Moscow than to Kyiv. “They’re flying right towards us,” a woman is heard saying

By Ramishah Maruf, CNN New York (CNN) — United Airlines is asking its pilots to take voluntary unpaid leave in May because of delays in Boeing deliveries, according to a memo sent by the union representing pilots. Because of the delivery delay, “our forecasted block hours for 2024 have been reduced and we are offering

By Natasha Chen, CNN (CNN) — As of Monday, about half a million fast food workers in California are making at least $20 per hour, $4 higher than the overall state minimum wage. The new rate applies to restaurant chains with more than 60 nationwide locations and is a result of a years-long fight by

By Catherine Thorbecke, CNN (CNN) — Google will delete billions of data records as part of a settlement for a lawsuit that accused the tech giant of improperly tracking the web-browsing habits of users who thought they were browsing the internet privately. The suit was originally filed in 2020 and accused Google of misrepresenting the