Money

By Ruben Correa, Chris Boyette, CNN (CNN) — Check your tickets: winning numbers have been drawn for the massive $1.1 billion Powerball jackpot. Monday night’s winning numbers were 8, 23, 25, 40, 53, and red powerball 5, with a Power Play multiplier of 3. It’s not yet clear if there is a big winner. The

By Gordon Ebanks, CNN (CNN) — As Americans prepare for the last holiday weekend of the summer, many are looking to cut travel costs as much as they can. Travelers are already paying less for domestic plane tickets, rental cars and hotel stays – the cost of which are all down compared to last year,

By Rhea Mogul and Esha Mitra, CNN New Delhi (CNN) — Two decades ago, Jinul Abedeen left his family and moved to India’s capital where he spent a year learning Zardozi, an ancient and intricate threadwork technique he hoped would equip him to support his family for decades to come. The gamble succeeded. He landed

By Reuters (CNN) — Retired Harvard Law professor Alan Dershowitz lost his bid on Friday to overturn a ruling that dismissed his defamation lawsuit against CNN over the news channel’s coverage of remarks he made during President Donald Trump’s 2020 impeachment trial. The 11th U.S. Circuit Court of Appeals ruled that Dershowitz presented no evidence

By Devan Cole, Katelyn Polantz, Ramishah Maruf, Elisabeth Buchwald, CNN (CNN) — A federal appeals court Friday struck down many of President Donald Trump’s historic tariffs, saying he unlawfully leaned on emergency powers to impose the import taxes. The International Emergency Economic Powers Act does not authorize tariffs like the ones Trump used the law

By Reuters U.S. no-frills pioneer Spirit Airlines filed for fresh Chapter 11 bankruptcy protection on Friday, as dwindling cash and mounting losses derailed its turnaround efforts since emerging from a previous Chapter 11 reorganization in March. The carrier, recognizable by its bright yellow jets, has struggled to steady operations since emerging from its first bankruptcy

By John Towfighi, CNN New York (CNN) — Tech stocks dragged the market lower on Friday and Wall Street wrapped up a wild summer on a relatively quiet note. The Dow fell 92 points, or 0.2%. The broader S&P 500 fell 0.64%. The tech-heavy Nasdaq Composite slid 1.15%. Despite the dip, the Dow, S&P and

By Alicia Wallace, CNN (CNN) — US consumers kept spending in July, even as inflation remained elevated that month, new data showed Friday. Consumer spending rose 0.5% from June, according to Commerce Department data released Friday. That’s slightly below expectations for a 0.6% bump but represented a slight pickup from the 0.4% increase notched in

By Chris Isidore, CNN (CNN) — A Trump administration housing official has sent a new criminal referral to the Justice Department against Federal Reserve Governor Lisa Cook, as she sues the administration to fight the president’s efforts to fire her. The new criminal referral, made late Thursday and revealed in a social media post by

By Matt Egan, CNN New York (CNN) — Americans soaking up the end of summer this holiday weekend will catch a break at the gas pump. Labor Day gas prices are expected to average $3.15 per gallon this year— the cheapest since 2020 during the Covid-19 pandemic, according to GasBuddy. That’s down modestly from $3.29

By Elisabeth Buchwald, CNN (CNN) — A big change to all the “cheap goods” Americans order just went into effect. For nearly a century, low-value packages of goods from abroad have entered the United States duty free, thanks to what’s known as the “de minimis rule,” which as of 2015 has applied to packages worth

By Liam Reilly, CNN (CNN) — Fox and YouTube TV reached a distribution deal late Thursday night, allowing Fox’s content to remain on the platform. “We’re happy to share that we’ve reached an agreement with Fox to keep their content on YouTube TV, preserve the value of our service for our subscribers and offer more