In desperate bid for cash, the Treasury is auctioning one-day bills
By Elisabeth Buchwald, CNN (CNN) — Desperate times are calling for desperate measures at the Treasury Department. For the first time since…
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Reddit sparks outrage after a popular app developer said it wants him to pay $20 million a year for data access
By Brian Fung, CNN Washington (CNN) — Twitter has been widely criticized for trying to charge transit agencies, third-party app developers and…
Continue Reading US mortgage rates climb to their highest level since November
By Anna Bahney, CNN Washington (CNN) — US mortgage rates jumped higher last week as uncertainty about the debt ceiling standoff sent bond…
Continue Reading JPMorgan is closing 25% of First Republic’s branches
By Matt Egan, CNN New York (CNN) — JPMorgan Chase is pulling the plug on 21 branches acquired during its takeover of failed regional bank First…
Continue Reading Auto safety regulators propose requiring automatic braking in cars
By Peter Valdes-Dapena, CNN New York (CNN) — The National Highway Traffic Safety Administration proposed new rules this week that would require…
Continue Reading Employers are preparing for a recession, but that doesn’t always mean layoffs
By Alicia Wallace, CNN Minneapolis (CNN) — Areas of the US economy have started to crack under the weight of persistently high inflation and a…
Continue Reading Dollar General shareholders vote to review safety policies after 49 deaths in a decade
By Nathaniel Meyersohn, CNN New York (CNN) — Dollar General investors approved a resolution Wednesday to create an independent audit of the…
Continue Reading Job site ZipRecruiter cutting 20% of its staff
By Chris Isidore, CNN New York (CNN) — Fewer employers looking for workers means 270 employees at job search site ZipRecruiter will soon be out…
Continue Reading Gas prices nearly triple in Nigeria as new leader triggers panic-buying by halting subsidies
By Nimi Princewill, CNN Abuja, Nigeria (CNN) — Fuel prices have nearly tripled in Nigeria after the country’s new President Bola Tinubu said…
Continue Reading National Eating Disorders Association takes its AI chatbot offline after complaints of ‘harmful’ advice
By Catherine Thorbecke, CNN New York (CNN) — An eating disorder prevention organization said it had to take its AI-powered chatbot offline…
Continue Reading Diddy is suing the co-owner of his tequila for racial discrimination
By Jordan Valinsky, CNN Business New York (CNN) — Sean “Diddy” Combs is suing Diageo for racial discrimination, claiming that the spirits…
Continue Reading Florida’s homeowner insurance rates are four times the national average. That’s not getting better anytime soon
By Chris Isidore, CNN New York (CNN) — Hurricane season officially starts Thursday. But no matter how many storms hit Florida this year, the…
Continue Reading Macy’s and Costco sound a warning about the economy
By Nathaniel Meyersohn, CNN New York (CNN) — Macy’s, Costco and other big chains say shoppers are pulling back at their stores and changing…
Continue Reading Pride Month was once an easy win for brands. Now, the stakes are much higher
By Danielle Wiener-Bronner, CNN New York (CNN) — Companies have long embraced Pride Month in June as an uncomplicated way to market to members…
Continue Reading Inflation in Europe drops to lowest level since Russia invaded Ukraine
By Hanna Ziady, CNN London (CNN) — Inflation in Europe has fallen to its slowest pace since Russia invaded Ukraine, bolstering the case for the…
Continue Reading Jamie Dimon denies knowledge of JPMorgan concerns over Epstein in lawsuit deposition
By Lauren del Valle, CNN New York (CNN) — JPMorgan Chase CEO Jamie Dimon has denied knowing about internal reviews of Jeffrey Epstein’s…
Continue Reading China’s small and medium-sized factories post surprise growth, easing market anxiety
By Laura He, CNN Hong Kong (CNN) — A key gauge of China’s small- and medium-sized factories showed their surprise return to expansion last…
Continue Reading Chinese star banker Bao Fan detained by country’s top anti-graft body, state media says
By Laura He, CNN Hong Kong (CNN) — One of China’s top tech bankers, who went missing in February, has been in the custody of the country’s…
Continue Reading Elon Musk is once again the world’s richest man
By Michelle Toh, CNN Hong Kong (CNN) — Elon Musk has reclaimed his position as the world’s wealthiest person. That’s according to a…
Continue Reading Meta threatens to pull news content in California if bill to pay publishers passes
By Samantha Delouya, CNN (CNN) — Meta, the parent company of Facebook and Instagram, threatened to remove news from its social media sites in…
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