CNN Business/Consumer

By Samantha Delouya, CNN (CNN) — New York Attorney General Letitia James on Wednesday sued Early Warning Services (EWS), which operates Zelle, alleging the electronic money-transfer service fails to protect its users from “massive amounts of fraud.” The lawsuit alleges that EWS knew that key features of Zelle’s service made it susceptible to fraud, but

By Matt Egan, CNN Las Vegas (CNN) — Geoffrey Hinton, known as the “godfather of AI,” fears the technology he helped build could wipe out humanity — and “tech bros” are taking the wrong approach to stop it. Hinton, a Nobel Prize-winning computer scientist and a former Google executive, has warned in the past that

By Alicia Wallace, David Goldman, CNN (CNN) — EJ Antoni, President Donald Trump’s pick to lead the Bureau of Labor Statistics, is no longer considering suspending the monthly jobs report — one of the most crucial and historic measurements of US economic activity — after proposing the unprecedented action during an interview that published Tuesday.

By Clare Duffy, Lisa Eadicicco, CNN New York (CNN) — Artificial intelligence search company Perplexity has made an unsolicited, $34.5 billion offer to purchase Google’s Chrome browser, a surprise move by a Google Search challenger that’s looking to upend how people find information online. A Perplexity spokesperson confirmed to CNN the details of the offer,

By Jordan Valinsky, CNN New York (CNN) — Eastman Kodak, the 133-year-old photography company, is warning investors thats it might not survive much longer. In its earnings report Monday, the company warned that it doesn’t have “committed financing or available liquidity” to pay its roughly $500 million in upcoming debt obligations. “These conditions raise substantial

By Ramishah Maruf, Samantha Delouya, CNN New York (CNN) — Hours before President Donald Trump fired former Bureau of Labor Statistics commissioner Erika McEntarfer this month, E.J. Antoni appeared on former White House strategist Steve Bannon’s podcast to discuss the BLS’ monthly jobs report, which showed much-lower-than-expected numbers for July and shockingly steep revisions for

By Jordan Valinsky, CNN New York (CNN) — Taco Bell’s Mountain Dew Baja Blast is getting its first permanent new flavor in two decades, the chain’s latest push into the fast-growing beverage sector. The fast-food chain is rolling out Thursday “Baja Midnight,” a new, purple-hued version of the cult-favorite soda, which mixes passion fruit flavors

CNN, POOL By Elisabeth Buchwald, Phil Mattingly, CNN (CNN) — The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, according to an executive order signed by President Donald Trump on Monday. Without the agreement, tariffs were set to immediately surge, risking a return to ultra-high

By Elisabeth Buchwald, Phil Mattingly, CNN (CNN) — The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, a White House official told CNN. Without the agreement, tariffs were set to immediately surge, risking a return to ultra-high levels that had formed an effective blockade on

By Alicia Wallace, CNN (CNN) — The next batch of inflation data from the Bureau of Labor Statistics was already shaping up to be a high-profile affair due to the expected impact of President Donald Trump’s hefty tariffs. But after Trump fired the agency’s top statistician, Tuesday’s report now comes with some other, unexpected baggage.

By Clare Duffy, Phil Mattingly, Lisa Eadicicco, CNN New York (CNN) — Nvidia, the world’s most valuable company, has found itself caught in the middle of President Donald Trump’s historic trade war with China. The result: an extraordinary concession from a $4.5 trillion corporation that will give the United States a percentage of every high-end

From Reuters (CNN) — Four reactors at France’s Gravelines nuclear power plant were shut down late Sunday due to a swarm of jellyfish in the cooling systems, operator EDF said on Monday, likely due to rising water temperatures because of global warming. The plant in northern France is one of the largest in the country

By Jordan Valinsky, CNN New York (CNN) — AOL, an internet pioneer that brought millions of Americans online for the first time, is discontinuing its dial-up service next month. The company that brought the internet to the masses in the 1990s and early 2000s recently posted a notice on its website saying that it “routinely

By John Towfighi, CNN New York (CNN) — Wall Street traders embraced the term TACO — Trump always chickens out — earlier this year to describe President Donald Trump’s on-again, off-again position on tariffs. Trump liked to impose hefty import taxes but would inevitably back off when markets plunged, analysts said. Now Trump is calling

PARAMOUNT PICTURES, UNIVERSAL PICTURES, MARVEL STUDIOS, WALT DISNEY PICTURES, WARNER BROS. PICTURES, CNN By Auzinea Bacon, CNN (CNN) — American moviegoers are sending a loud and clear message to Hollywood: make quality, original horror movies and we will come. This weekend, Zach Cregger’s “Weapons” topped the box office, grossing $42.5 million domestically. It’s the second

By Auzinea Bacon, CNN (CNN) — Many of Hollywood’s summer hits have shared one common formula, no matter what the genre: They are either remakes, sequels or part of a franchise. The strategy has mostly worked, as the domestic box office has effectively rebounded from a slow first quarter, grossing $3.26 billion since the first

By Brian Stelter, CNN (CNN) — Paramount’s new CEO doesn’t seem to think he has a “South Park” problem. Rather, David Ellison sees the animated show as part of the solution for the battered media company. Ellison said he has been a fan of “South Park” creators Matt Stone and Trey Parker for his entire

By Lianne Kolirin, CNN London (CNN) — If you want to get away from it all, there can be few places more secluded than Thorne Island. Situated 3 nautical miles off the coast of Pembrokeshire in west Wales, United Kingdom, the private island is home to a 19th century fort. Extending to approximately 2.49 acres,

By Bryan Mena, CNN Washington (CNN) — President Donald Trump said Thursday he is nominating Stephen Miran to fill a vacancy at the Federal Reserve’s Board of Governors on a temporary basis. Miran is currently the chair of the Council of Economic Advisers. He’s widely credited with creating the intellectual backbone of Trump’s expansive tariff

By Jeanne Sahadi, CNN (CNN) — President Donald Trump on Thursday signed an executive order that could make it easier for 401(k)s and other workplace retirement plans to offer employees the option of investing some of their savings in alternative investments including private equity, long the domain of institutional and “accredited” high-net-worth investors. The order

CNN By Jeanne Sahadi, CNN (CNN) — President Donald Trump on Thursday signed an executive order that could make it easier for 401(k)s and other workplace retirement plans to offer employees the option of investing some of their savings in alternative investments including private equity, long the domain of institutional and “accredited” high-net-worth investors. The

By Brian Stelter, CNN (CNN) — Control of Paramount, the legendary but troubled TV and movie maker, shifted to Silicon Valley scion David Ellison on Thursday, following a protracted and politically tainted merger process. The transition was full of symbolism: The Redstone family, which built the company into a cable-era giant that lagged in the

By Alejandra Jaramillo, CNN (CNN) — President Donald Trump on Thursday demanded the resignation of Intel CEO Lip-Bu Tan following reports and allegations that he has ties to China. “The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this

CNN By Lisa Eadicicco, CNN (CNN) — Apple is investing another $100 billion to expand its operations in the United States, the company announced on Wednesday, as President Donald Trump said he would levy a large import tax on chips coming into the country. Apple’s investment comes after the tech giant already committed $500 billion

By David Goldman, CNN (CNN) — The bad news in last Friday’s jobs report may have been overshadowed when President Donald Trump fired the commissioner in charge of producing it. But economists haven’t forgotten about America’s job market – and they’re growing concerned. Some of the jobs report data has economists using a word they

By Lisa Eadicicco, CNN (CNN) — Apple is investing another $100 billion to expand its operations in the United States, the company announced on Wednesday, as President Donald Trump said he would levy a large import tax on chips coming into the country. Apple’s investment comes after the tech giant already committed $500 billion to

By Brian Stelter, Liam Reilly, CNN (CNN) — In an absolute blitz of news this week, the cable sports institution ESPN showed how it is fully transforming into a streaming-first player. The network inked several new deals with the NFL, announced the imminent launch of its all-inclusive streaming service, and added new wrestling programming from

By Jordan Valinsky, CNN New York (CNN) — McDonald’s sales have finally turned a corner, thanks in part to “A Minecraft Movie” meal deal that marked the chain’s largest marketing campaign ever. Sales at McDonald’s US locations open at least a year rose 2.5% for the quarter ending June 30, putting an end to two

By Lianne Kolirin, CNN London (CNN) — It is the high-octane toy for those who have everything: an underwater jetpack that allows you to zip beneath the surface of the ocean – for as long as you can hold your breath. Described by its makers as an “innovation for those who demand the extraordinary,” the

By Elisabeth Buchwald, CNN (CNN) — Hardly a day goes by without President Donald Trump boasting about the record tariff revenue the US government has been collecting since he ratcheted up taxes on almost every imported good. “We have a lot of money coming in, much more money than the country’s ever seen,” Trump said