Money

By Matt Egan, CNN New York (CNN) — The oil market is in another tailspin. Producer group OPEC+ is scrambling to stop the bleeding. And gas prices are falling fast, with more to come. All of this is music to the ears of drivers. US gas prices fell to a fresh six-month low of $3.31

By Alicia Wallace, CNN (CNN) — All eyes were on the US labor market, and the latest check-up shows its diagnosis was not as bleak as some feared: Job growth returned to solid form in August, and unemployment trended back down after a concerning jump. Employers added an estimated 142,000 jobs last month, marking stronger

By Juliana Liu, CNN Hong Kong (CNN) — The operator of 7-Eleven has rejected an opening offer from the owner of convenience store rival Circle K, indicating the bid was too low and that its global business was worth more. In a statement Friday, Tokyo-based Seven & I Holdings, which owns 7-Eleven, said it was

By Ramishah Maruf, CNN New York (CNN) — Telegram CEO Pavel Durov returned to the messaging platform Thursday, saying in a lengthy post that he was surprised to have been arrested and interviewed by French authorities less than two weeks ago in an investigation that has sparked debate about free speech and criminal activity online.

By Brian Stelter, CNN New York (CNN) — The Biden administration is denouncing Tucker Carlson after the far-right personality hosted a guest on his show this week who suggested the Holocaust happened by accident, calling the interview “a disgusting and sadistic insult to all Americans.” During Carlson’s two-hour sit-down with Darryl Cooper, a podcaster whom

By Liam Reilly and Brian Stelter, CNN New York (CNN) — A.G. Sulzberger, the New York Times publisher, sounded the alarm Thursday on the “quiet war” against press freedoms unleashed by authoritarians around the world and said Americans should understand the anti-media “playbook” that Donald Trump might employ in a second term. In an op-ed

By Hanna Ziady, CNN London (CNN) — Britain’s competition watchdog is investigating Ticketmaster over concerns the company treated customers unfairly when selling tickets to the upcoming Oasis reunion tour. The probe presents a fresh headache for Ticketmaster’s parent company Live Nation, which also faces an antitrust lawsuit in the United States that could force a

By Krystal Hur, CNN New York (CNN) — Wall Street is eyeing what could be the most consequential economic data report in months due out Friday. Inflation has cooled significantly since the Federal Reserve began aggressively hiking interest rates more than two years ago to tame it. That’s led the central bank to shift its

By Hanna Ziady, CNN London (CNN) — A record number of firms plan to cut advertising spending on X next year because of concerns that extreme content on the platform could damage their brands, dealing another blow to the financial fortunes of Elon Musk’s social media company. A global survey by market research firm Kantar

By Olesya Dmitracova, CNN London (CNN) — Luxury brand Burberry is dropping out of Britain’s main stock index after suffering a steep fall in value following a plunge in sales and profits. The 168-year-old brand will leave the FTSE 100, which brings together the 100 most valuable companies listed on the London Stock Exchange, as a result

By Matt Egan, CNN New York (CNN) — Former President Donald Trump wants to spend trillions of dollars on tax cuts. His plan to pay for that is alarming some mainstream economists. Trump proposed sweeping tariffs on all $3 trillion worth of imports into the United States, including a 60% tariff on imports from China and

By Ramishah Maruf, CNN New York (CNN) — Chipotle is already getting into the Halloween spirit. The fast-casual chain announced a costume collection with Spirit Halloween Wednesday, the seasonal Halloween costume store that pops up every year in abandoned storefronts. The collection is made up of bodysuits that are meant to resemble a Chipotle napkin,

By Ramishah Maruf, CNN New York (CNN) — Meta’s Oversight Board has found that the phrase “From the River to the Sea,” used to express Palestinian support, did not break the company’s hate speech policies. Critics of the phrase, which refers to the land between the Jordan River and the Mediterranean Sea, say that it

By Nathaniel Meyersohn, CNN New York (CNN) — After years of prolific growth, US dollar stores have hit a downturn. Dollar Tree (DLTR) shares plunged 20% Wednesday after the company cut its outlook for the rest of the year, citing “immense pressures” on its low- and middle-income customer base. Dollar Tree also owns the long-struggling

By Jordan Valinsky, CNN New York (CNN) — Shein and Temu, two Chinese low-cost e-commerce websites, are the target of a proposed investigation by the United States government for selling “deadly baby and toddler products.” Two leaders from the Consumer Products Safety Commission said in an open letter Wednesday that they want commission staff to

By Alicia Wallace, CNN (CNN) — The number of available jobs in the US shrank more than expected in July, an indication that demand for workers continues to wane amid a cooling labor market. Job openings fell in July for the second consecutive month to an estimated 7.67 million, from 7.91 million in June, according