Retail spending rebounded in April
By Bryan Mena, CNN Washington, DC (CNN) — Spending at US retailers rose in April following two months of declines, showing the US consumer is…
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Mr. ChatGPT goes to Washington: OpenAI CEO Sam Altman set to testify before Congress
By Brian Fung, CNN (CNN) — OpenAI CEO Sam Altman is set to testify before a Senate Judiciary subcommittee on Tuesday after the viral success of…
Continue ReadingTaco Bell is fighting to cancel the ‘Taco Tuesday’ trademark
By Jordan Valinsky, CNN New York (CNN) — Taco Bell wants to liberate the “Taco Tuesday” trademark from a smaller, rival chain. The taco…
Continue ReadingHome Depot hits the brakes: Three-year robust sales run ends amid pull back on home improvements
By Nathaniel Meyersohn and Parija Kavilanz, CNN New York (CNN) — Home Depot couldn’t keep its protracted robust sales streak going any…
Continue ReadingMarkets prep for a busy day with banking testimony, housing data and retail sales
From CNN’s Krystal Hur, Bryan Mena, Allison Morrow and Elisabeth Buchwald The-CNN-Wire™ & © 2023 Cable News Network, Inc., a…
Continue ReadingJapan’s top pop agency apologizes for alleged sexual abuse by late founder
By Michelle Toh and Mayumi Maruyama, CNN Hong Kong (CNN) — The head of Japan’s biggest music agency has apologized over allegations of…
Continue ReadingVodafone plans 11,000 job cuts
By Hanna Ziady, CNN London (CNN) — Vodafone said Tuesday it would cut 11,000 jobs over three years, as the telecom company unveiled a…
Continue ReadingWarren Buffett’s Berkshire Hathaway sells entire stake in TSMC
By Michelle Toh, CNN Hong Kong (CNN) — Warren Buffett’s conglomerate has sold its remaining shares in the world’s largest chipmaker, TSMC,…
Continue ReadingUS Virgin Islands subpoenas Elon Musk as part of lawsuit into Jeffrey Epstein sex trafficking ring
By Ramishah Maruf, CNN The US Virgin Islands has subpoenaed Elon Musk, requesting documents from the billionaire for the government’s lawsuit…
Continue ReadingArgentina raises interest rate to 97% as it struggles to tackle inflation
By Stefano Pozzebon The Central Bank of Argentina raised its key interest rate Monday by six percentage points to 97% in an effort to tackle soaring…
Continue ReadingBiden administration to buy 3 million barrels of oil to begin replenishing emergency oil stockpile
By Matt Egan, CNN The Biden administration announced plans on Monday to buy 3 million barrels of crude oil, marking the start of a years-long process…
Continue Reading3M chief business officer fired for inappropriate conduct
By Samantha Delouya, CNN Manufacturer 3M fired longtime executive Michael Vale on Friday, citing “inappropriate conduct and violation of…
Continue ReadingAmazon is changing its deliveries behind the scenes to cut shipping times
By Nathaniel Meyersohn, CNN Amazon is revamping its delivery operations in an effort to cut costs while speeding up shipping times to the next day or…
Continue ReadingAmazon is changing its deliveries behind the scenes to cut shipping times
CNN, CNN BUSINESS By Nathaniel Meyersohn, CNN Amazon is revamping its delivery operations in an effort to cut costs while speeding up shipping times…
Continue ReadingEgg prices are crashing. Here’s why
By Danielle Wiener-Bronner, CNN For months and months, the price of eggs was soaring. Now, they’re going splat. As of last week, Midwest large…
Continue ReadingGas is almost $1 cheaper than a year ago
By Matt Egan, CNN Filling up at the pump might not be cheap. But gas prices are miles away from last summer’s nightmare. At this point last…
Continue ReadingFormer Silicon Valley Bank CEO: ‘I am truly sorry’
By Allison Morrow, CNN The former chief executive of Silicon Valley Bank plans to apologize before a Senate committee Tuesday, writing in prepared…
Continue ReadingAmericans’ debt surpasses $17 trillion for the first time
By Alicia Wallace, CNN Americans’ debt levels continue to climb to new heights at a time when economic conditions are becoming increasingly…
Continue ReadingAmericans are setting vacation records and splurging at bars, restaurants and hotels
By Bryan Mena, CNN Many economists are predicting a recession later in the year, but one of the industries hurt most in the pandemic is bouncing back…
Continue ReadingApparent cyberattack forces Philadelphia Inquirer office to close ahead of mayoral primary
By Sean Lyngaas An apparent cyberattack forced the Philadelphia Inquirer to close its office through Tuesday, the newspaper’s spokesperson Evan…
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