Grocery prices stayed flat in May, after ticking down the month before. But menu prices, a source of frustration for budget-conscious consumers, are still going up — even as restaurants brag about their discounted meals. Menu prices rose 0.4% at sit-down restaurants from April to May, adjusted for seasonal swings,…

Hamas has demanded changes to a ceasefire proposal backed by the US and the UN Security Council, complicating talks on a plan to free Israeli hostages in a first step towards winding down the war in Gaza.The precise Hamas amendments to the four-and-a-half page proposal, first unveiled by US President…

Starbucks is the latest entrant in the value menu wars, joining its rivals in releasing new offers to lure back cash-strapped consumers. The coffee chain rolled out Tuesday a new “Pairings Menu,” which combines a drink and a breakfast item for a discount, marking Starbucks’ latest attempt to rev up…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseHunter Biden was on Tuesday convicted by a Delaware jury on federal gun charges, making him the first child of a US president to be tried and convicted of…

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Another month, another hot jobs report that has Wall Street wondering when the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Vista Outdoor said it received an all-cash $2bn takeover offer for its ammunition business, which owns the Remington brand, from an unnamed private investment firm in the US, raising the prospect of…

Tesla’s controversial CEO Elon Musk, and his massive wealth, are front and center in a shareholder vote this coming week. Five months ago, a Delaware judge threw out the largest pay package in history, then worth more than $50 billion, that Telsa’s very friendly board had given Musk in 2018.…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Iranian authorities have disqualified prominent moderates as candidates in the snap presidential election scheduled for later this month, narrowing the field to five hardline candidates and one mid-ranking reformist.The Guardian Council, Iran’s…

Lydia Wu had never driven an electric vehicle before she rented a car from Avis last February. All that was available at the location in Kansas City, Kansas, was an electric Genesis GV60. Wu received no specific instructions for how to use the vehicle or how to find chargers, but…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Denmark’s Prime Minister Mette Frederiksen has been assaulted in a central Copenhagen square in the middle of the European election campaign.The centre-left premier was “in shock” after the assault on Friday by…