CNN Business/Consumer

By Brian Stelter, CNN (CNN) — Paramount Global, the parent company of CBS News, may be on the verge of a settlement deal with President Trump, much to the chagrin of its own news employees. On Monday lawyers for the president and the media company said in a court filing that the two sides are

By Clare Duffy, CNN New York (CNN) — After months of speculation and multiple bids from would-be American buyers, TikTok may finally be getting a new owner. President Donald Trump teased over the weekend that there is a buyer for TikTok, whom he will announce in two weeks, which could secure the app’s long-term future

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump is threatening to impose higher tariffs on Japanese exports to the United States over what he claims is the country’s unwillingness to buy American-grown rice. “They won’t take our RICE, and yet they have a massive rice shortage. In other words, we’ll just be sending them

By Bryan Mena, CNN Washington (CNN) — President Donald Trump on Monday continued his extended attack against Federal Reserve Chair Jerome Powell and the central bank’s Board of Governors, calling for ultra-low rates in an intensifying campaign demanding interest rate cuts. Trump on his social media platform wrote that the Fed’s board “should be ashamed

By John Towfighi, CNN New York (CNN) — US stocks on Monday opened higher, set to cap off a strong month and a remarkable second quarter for Wall Street. The Dow opened higher by 212 points, or 0.48%. The broader S&P 500 rose 0.34% and the tech-heavy Nasdaq Composite gained 0.46%, rising to intraday record

By Clare Duffy, CNN New York (CNN) — Joshua Aaron has worked in and around the tech industry for around two decades. He built his first app — a blackjack game — at computer camp when he was 13. His newest app is designed for a very different purpose: to let users alert people nearby

CNN By Clare Duffy, CNN New York (CNN) — Joshua Aaron has worked in and around the tech industry for around two decades. He built his first app — a blackjack game — at computer camp when he was 13. His newest app is designed for a very different purpose: to let users alert people

By Auzinea Bacon, CNN (CNN) — A large sum of riches descended upon Venice, Italy, over the last few days for the lavish wedding of Jeff Bezos and Lauren Sanchez. Opulence has been on full display as some of the famous attendees arrived at the canal city by private planes, helicopters and yachts before they

By Sean Lyngaas, CNN (CNN) — A notorious cybercriminal group has shifted its attention to the aviation industry, successfully breaching the computer networks of multiple airlines in the United States and Canada this month, according to the FBI and private experts responding to the hacks. The hacking hasn’t affected airline safety, but it has top

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump ceased trade talks with Canada and will soon announce a new tariff rate the country will have to pay, he said in a Truth Social post on Friday. The decision to end negotiations, which have been ongoing for several months, came after Canada announced a digital

By Jordan Valinsky, CNN New York (CNN) — The dreaded “blue screen of death” that has tormented millions of Windows users for decades is being put to rest. Microsoft is ditching the notorious feature that appears on Windows computers in the coming months, “streamlining the unexpected restart experience” with a new black-colored screen, the company

By Jack Guy, CNN (CNN) — The Danish government is planning to tackle the issue of AI-generated deepfakes by granting citizens property rights over their likeness and voice. The proposed legislation would mean that people who find that their features have been used to create a deepfake would have the right to ask the platforms

By Alicia Wallace, CNN (CNN) — The US economic engine sputtered in May: Consumer spending slowed for the first time since January, according to new data released Friday that also showed inflation heated up on an annual basis. Friday’s report from the Commerce Department showed that consumer spending fell 0.1% last month after rising 0.2%

By David Goldman and John Towfighi, CNN New York (CNN) — The US stock market on Friday hit an all-time high, its first since mid-February. It marked the culmination of a remarkable recovery on Wall Street since the S&P 500 was flirting with bear market territory in early April. The S&P 500 gained 0.5%, to

By Jordan Valinsky, CNN New York (CNN) — Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the activewear giant announced Thursday. The tariffs “represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer on a call with analysts, adding that

CNN By Nathaniel Meyersohn. Video by Maya Blackstone, CNN New York (CNN) — Over the last few years, Starbucks pulled out 30,000 comfortable seats, installed hard wooden stools, blocked electrical outlets and turned stores into takeout counters for customers picking up orders off its mobile app. The changes backfired and customers left for local coffee

By Brian Stelter, CNN (CNN) — President Trump has ratcheted up his rhetorical battle over recent US airstrikes in Iran by having an attorney send legal letters to CNN and The New York Times demanding retractions of accurate reports. On Thursday evening a CNN spokesperson confirmed that the network responded to the letter by rejecting

By Brian Stelter, CNN (CNN) — Bill Moyers, a former press secretary to President Lyndon B. Johnson who turned into a longtime broadcast journalist and champion of public media, has died at age 91, his family confirmed to CNN. The acclaimed journalist’s son, William Moyers, said he died of complications from a long illness. His

By John Towfighi, CNN New York (CNN) — The S&P 500 on Thursday flirted with closing at an all-time high, vying to complete a whirlwind roundtrip that saw the benchmark US stock index shed and then regain roughly $9.8 trillion in market value across just four months. The S&P 500 has been on a roller

By Lisa Eadicicco and Hadas Gold, CNN New York (CNN) — Trump Mobile, the wireless service provider and phone company launched by the Trump Organization, no longer promises on its website that its upcoming smartphone will be made in America. The company adjusted language on its website on or around June 22 to drop the

By John Towfighi, CNN New York (CNN) — The S&P 500 is on the cusp of a record high. That’s a remarkable change of events, since the index was on the brink of a bear market just two months ago. US stocks on Wednesday were mixed, with a new high for the S&P 500 less

By Matt Egan, CNN (CNN) — President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has “low IQ” and suggested that he has narrowed down the list of potential replacements to three or four people. “He’s an average mentally person…Low IQ for what he does,” Trump said

By Jordan Valinsky, CNN New York (CNN) — Bumble, the beleaguered dating app whose stock has lost 90% of its value since going public in 2021, is axing 30% of its workforce. The company announced in a regulatory filing Wednesday that the layoffs amount to 240 positions and will save Bumble $40 million annually. The

By Jordan Valinsky, CNN New York (CNN) — Monster and CareerBuilder, once two of the most popular websites for job seekers at the height of the dot-com era, have filed for bankruptcy. The two sites, which merged last year to become one entity named Monster + CareerBuilder, voluntary filed for Chapter 11 Tuesday, announcing that

By Elisabeth Buchwald and Vanessa Yurkevich, CNN (CNN) — New York City is one of the most expensive cities in the world to live in, a fact that guided many New Yorkers’ votes in Tuesday’s mayoral primary election. Like his fellow candidates, Zohran Mamdani has put affordability at the forefront of his campaign. But his

By Bryan Mena, CNN Washington (CNN) — It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday. “Policy changes continue to evolve, and their effects on the economy remain uncertain,” Powell said in his prepared testimony for his semiannual monetary policy report to Congress. “For the time

By Elisabeth Buchwald, CNN (CNN) — Consumer confidence dropped last month to a reading of 93, a 5.4 point decline from May, according to data the Conference Board released on Tuesday. Consumers had been feeling better after an agreement was secured between the United States and China to lower massive tariffs on each other —

By Chris Isidore and Alexandra Skores, CNN Washington, D.C. (CNN) — The blame for a horrifying mid-flight blowout of a door plug on an Alaska Airlines flight last year is shared by plane manufacturer Boeing, its supplier SpiritAerosystems and the Federal Aviation Administration, the chairwoman of the National Transportation Safety Board said at a hearing

By Anna Cooban and John Liu, CNN London/Hong Kong (CNN) — Oil prices fell sharply Tuesday, returning to levels last seen before the Iran-Israel conflict, as investors cheered news of a ceasefire, albeit fragile, between the two countries. Brent crude, the global oil benchmark, was trading 4.3% lower on the day early Tuesday morning ET

By Samantha Delouya, CNN (CNN) — Compass has officially brought a long-simmering real estate dispute into the courtroom. On Monday, the real estate brokerage sued home-search website Zillow, accusing it of engaging in an anticompetitive conspiracy to maintain its dominance over digital home listings. Compass’ lawsuit marks a new phase in the battle between real