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Oleg Tinkov, the founder of a major Russian digital bank, has renounced his Russian citizenship in protest over the war in Ukraine.

CNN's Christine Romans chats with CNN business reporter Nathaniel Meyersohn about why Americans will face steep prices on food and goods this Thanksgiving and how they can avoid spending too much.

At least 13 people -- including three children -- were shot in a drive-by shooting Monday night at a busy corner in Chicago where people had gathered for a vigil, and investigators are trying to find the shooters, police said.

Hours before news broke on Thursday that he had completed his $44 billion acquisition of Twitter, Elon Musk wrote an open letter to advertisers stressing that he doesn't want the platform to become a "free-for-all hellscape."

Expansive drought across the Midwest and Central Plains have turned the once-mighty Mississippi River into barely a trickle in parts of the central and southern U.S. CNN Chief Climate Correspondent Bill Weir breaks down how the drought will impact consumers.

Although we know that monetary policy takes a long time to have its full effect on the economy, the Federal Reserve's rate hikes are already causing considerable economic damage and financial market stress both at home and abroad.