CNN Business/Consumer

By Luciana Lopez, Chris Isidore and Vanessa Yurkevich, CNN (CNN) — General Motors said on Tuesday that it would invest $4 billion into three US plants to boost production of gas and electric vehicles, as a 25% tariff on imported cars by President Donald Trump threatens the bottom lines of automakers that sell in the

By Clare Duffy, CNN New York (CNN) — The latest celebrity start-up trend is no longer tequila. It’s telecom. Actors Sean Hayes, Will Arnett and Jason Bateman — who host the popular “SmartLess” podcast — are launching a wireless service as an alternative to pricier unlimited data plans from major carriers like Verizon, T-Mobile or

By Sean Lyngaas and Brian Stelter, CNN (CNN) — Offline, in real-world Los Angeles, most Angelenos are having a perfectly normal day. But online, the fires and riots are still raging. The powerful algorithms that fuel social media platforms are feeding users days-old and sometimes completely fake content about the recent unrest in L.A., contributing

By Lisa Eadicicco, CNN (CNN) — Popular AI chatbot ChatGPT is experiencing degraded performance after a partial outage on Tuesday, according to parent company OpenAI and the website Downdetector, which tracks outages of major web services. OpenAI said it began investigating issues at 2:36 am on Tuesday, and the problems began to spike around 5:30

By Anna Cooban, CNN London (CNN) — Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor weighing on economies worldwide. The World Bank expects Trump’s barrage of new tariffs on America’s

By Matt Egan, CNN New York (CNN) — Whole Foods employees say a major cyberattack on a leading distributor has left some store shelves and freezers empty. “Our frozen cooler is empty, our bread hearth is bare and customers are increasingly upset,” one barista and bakery employee at a Whole Foods located in Arkansas told

By Jordan Valinsky, CNN New York (CNN) — Meta CEO Mark Zuckerberg is personally assembling a team to achieve a “superintelligence,” machines that are capable of surpassing human capabilities, according to a Bloomberg report. Zuckerberg is reportedly so frustrated with Meta’s efforts in the artificial intelligence space that he has taken it upon himself to

By Chris Isidore, CNN (CNN) — Call it a “chip shortage on steroids.” That’s how one expert told CNN the auto industry is describing a possible shortage of rare-earth elements — minerals that are now center stage in the global trade war. Running low on those minerals could recall the pandemic-era chip shortage that jacked

By Hadas Gold, CNN (CNN) — Last week, Elon Musk was calling for President Donald Trump’s impeachment. This week, Musk is back to praising the administration, softening his tone after the two powerful leaders’ very public breakup. The whiplash came as protests erupted in Los Angeles over actions by Immigration and Customs Enforcement officers and

By John Towfighi and Phil Mattingly, CNN New York (CNN) — US stocks mostly rose Monday and the S&P 500 approached an all-time high as the first day of trade talks between the US and China concluded in London. The Dow ended the day close to flat. The broader S&P 500 rose 0.09% and the

By Jordan Valinsky, CNN New York (CNN) — Chipotle is tapping into America’s seemingly never-ending obsession with ranch dressing. Beginning June 17, the chain is permanently adding Adobo Ranch to its menu. The dip, a variation on classic ranch, is seasoned with adobo pepper, sour cream and other herbs and spices that Chipotle says will

By Brian Stelter, CNN (CNN) — Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming service and Warner Bros. studio, and the other around CNN and other television networks. The first company, known for now as “Streaming & Studios,” will be led by CEO David

By Clare Duffy, CNN New York (CNN) — Apple just showed how it plans to incorporate artificial intelligence across all its major products, from translating phone calls to giving the Mac a smarter search bar and more. The updates aren’t as splashy as announcements from the past two years, which heralded big changes with the

By John Liu and Phil Mattingly, CNN Hong Kong/Washington (CNN) — Trade negotiations between the United States and China will continue on Tuesday in London, with both sides trying to preserve a fragile truce brokered last month. President Donald Trump has authorized his trade negotiating team, led by Treasury Secretary Scott Bessent, to ease up

By Brian Stelter, CNN (CNN) — Veteran ABC News correspondent Terry Moran was suspended Sunday after he posted a highly critical assessment of President Donald Trump and Trump’s deputy chief of staff Stephen Miller on the social media platform X. In the missive, which was posted shortly after midnight, Moran said both Trump and Miller

By Auzinea Bacon, CNN (CNN) — Demonstrations against tech billionaire Elon Musk are continuing, even after the Tesla CEO stepped away from his role leading the Department of Government Efficiency and engaged in an all-out feud this week with Donald Trump over the president’s massive tax and domestic policy bill known as the “big, beautiful

By Jeanne Sahadi, CNN (CNN) — Much has changed in the crypto landscape over the past year and a half. And with it, so may more investors’ minds about cryptocurrencies — especially bitcoin, the (very young) granddaddy of them all. Crucially, crypto has gained greater acceptance among regulators and large institutional investors as an asset

By Phil Mattingly, CNN (CNN) — The staggering and exceedingly public rupture in the world’s most consequential and unprecedented partnership was a long time coming. But the surreal state of suspended animation that consumed Washington as President Donald Trump and Elon Musk traded escalating blows on social media obscured a 48-hour period that illustrated a

By Samantha Waldenberg and David Goldman, CNN (CNN) — President Donald Trump announced Friday that US and Chinese officials will meet in London on Monday to discuss trade between the two nations. “I am pleased to announce that Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador

By John Towfighi, CNN New York (CNN) — Wall Street this week cautiously rallied, betting President Donald Trump might take a softer tone on his trade war. Investors on Friday got their wish as the president said the next round of US-China trade talks is set to take place on Monday. The S&P 500 on