Money

By Elisabeth Buchwald, CNN Inflation is lower than it was a year ago. But you may not be feeling any less frustrated when you pay your bills. That’s because prices across all goods and services haven’t actually gone down. Instead, the pace of price increases slowed from a year ago. Overall, prices are still high

By Parija Kavilanz, CNN Brides and grooms, fret no more. While Bed Bath and Beyond and its popular wedding registry service teeter on the edge, Etsy is stepping in to fill any potential void. Etsy announced on Wednesday that the online marketplace for handcrafted items is launching its own wedding registry. In addition to selecting

By Alicia Wallace, CNN It’s been a two-year slog of enduring painfully high prices, but the light at the end of the tunnel just got slightly brighter for consumers. Annual inflation continued its slow-but-steady deceleration in April, according to the latest Consumer Price Index released Wednesday. The CPI climbed by 4.9% for the 12 months

By Oliver Darcy, CNN Right-wing extremist Tucker Carlson announced Tuesday that he will relaunch his program on Twitter, which he praised as the only remaining large free-speech platform in the world after Fox News fired him late last month. Carlson made the announcement in a video posted to the social media website, which Elon Musk

By Liam Reilly, CNN A major Paramount division announced Tuesday it will shutter MTV News and slash its US workforce by 25%, bringing to an end the iconic music video network’s news division that once covered a range of issues from pop culture to politics and became a household name for Generation X and Millennial

By Jordan Valinsky, CNN Business Mattress maker Tempur Sealy has agreed to buy the nation’s largest bedding retailer Mattress Firm in a roughly $4 billion deal, the companies announced Tuesday. The deal gives the combined company 3,000 stores and 71 manufacturing facilities and is expected to close in the second half of 2024. Mattress and

By Oliver Darcy, CNN Business CNBC said on Tuesday that it will part ways with Hadley Gamble, the anchor and senior international correspondent who filed a sexual harassment complaint that led to the firing of NBC Universal chief executive Jeff Shell. “Gamble has been a distinguished journalist for more than a decade for CNBC, undertaking

By Julia Horowitz, CNN The United States isn’t the only country that puts a limit on how much money its government is allowed to borrow. But it is the only nation regularly pushed to the brink of a political and economic crisis as a result. President Joe Biden will host Republican House Speaker Kevin McCarthy

By Jordan Valinsky, CNN Business Roughly 4.4 million people will soon receive checks from TurboTax, following a 50-state settlement with parent company Intuit for allegedly steering millions of low-income Americans away from free tax-filing services. Customers affected by the settlement will receive an email about the settlement and checks will automatically be mailed throughout this

By Krystal Hur, CNN Novavax is laying off 25% of its workforce to slash expenses, the biotech company said Tuesday. “Reducing our workforce has been a difficult decision, but we believe it was necessary to better align our infrastructure and scale to the endemic Covid opportunity,” said John Jacobs, Novavax chief executive, in a press

By Hanna Ziady, CNN Ryanair has agreed to buy 150 new Boeing 737-10 aircraft, and taken options on 150 more, inking the largest order ever placed by an Irish company for US manufactured goods. The deal is worth $40 billion at list prices, Ryanair said in a statement Tuesday, which contained none of the sharp