CNN Business/Consumer

By Chris Isidore, CNN (CNN) — Tesla shareholders could soon give CEO Elon Musk, already the wealthiest person on the planet, the chance to become the world’s first trillionaire – or risk him walking away entirely. Musk’s new pay package is the key measure that will be up for a vote at Tesla’s annual meeting

By Chris Isidore, CNN (CNN) — The UPS freighter that crashed in Louisville was a 34-year old jet. While that’s old for a passenger plane, that’s not so unusual in the world of air cargo. There are no initial indications that the age of the McDonnell Douglas MD-11 was in any way a factor in

By Alicia Wallace, Lucy Bayly, CNN (CNN) — Private-sector job creation bounced back in October, according to a snapshot of the labor market that has become more closely watched in the absence of official federal jobs data. Payroll processing company ADP on Wednesday estimated that private-sector businesses added an estimated 42,000 jobs last month, a

By John Towfighi, CNN (CNN) — Michael Burry, the famed investor behind “The Big Short,” is betting artificial intelligence is more of a bubble than a revolution. Burry’s fund, Scion Asset Management, disclosed on Monday that it bought puts — bets that share prices will fall — on two stars of the AI wave: Nvidia

CNN, SENATE TV By Kevin Liptak, CNN (CNN) — The last time the federal government ran out of money, President Donald Trump wanted the world to know he was making sacrifices. “I am all alone (poor me) in the White House,” he tweeted on Christmas Eve 2018, left behind in dreary, shutdown Washington, DC, as

By Joseph Ataman, CNN Paris (CNN) — France has said it will suspend Shein’s access to the French market following a headline-grabbing scandal over sales of “childlike” sex dolls. The government started proceedings Wednesday to ban Shein’s French website “for the time necessary for the platform to show to the authorities that all of its

By Jordan Valinsky, CNN New York (CNN) — Denny’s, the struggling, 72-year-old diner chain, is selling itself to a group of investors who are taking the business private. The company announced Monday that it’s sold itself to TriArtisan Capital Advisors, a private equity firm that also owns P.F. Chang’s, and Yadav Enterprises, a major Denny’s

By John Towfighi, CNN New York (CNN) — One year after President Donald Trump’s reelection, the US stock market continues to notch record highs. The S&P 500 has gained 19.6% over the past 12 months, boosted by strong corporate earnings and investors’ enthusiasm about artificial intelligence. Stocks have been remarkably adaptable, defying concerns about a

By Bryan Mena, CNN Washington (CNN) — Interest rates are in a good place to deal with persistently elevated inflation, Federal Reserve Governor Lisa Cook said Monday in her first public remarks since President Donald Trump said he had fired her. Cook, appointed by former President Joe Biden and the first Black woman to serve

By Joseph Ataman, Billy Stockwell, CNN Paris (CNN) — Chinese e-commerce platform Shein announced on Monday a “complete ban” on sex dolls on its site after France threatened to cut off its access to the French market. Over the weekend, France’s anti-fraud office, the DGCCRF, accused the fast-fashion platform of selling sex dolls “with a

By Chris Isidore, CNN (CNN) — China has agreed to allow the export of chips critical to auto production, averting widespread shutdowns that had been predicted by the industry. The chips are provided by Nexperia, a Chinese-owned chipmaker based in the Netherlands. It’s a critical supplier for the global auto industry, providing 40% of the

By Lisa Eadicicco, CNN (CNN) — Apple reported fourth-quarter earnings on Thursday that provided an early glimpse into how the iPhone 17 lineup may be catching on so far. Apple’s earnings for the quarter that ended in September met analysts’ expectations on revenue but slightly missed on iPhone sales. iPhone sales in the fourth quarter

By Liam Reilly, CNN (CNN) — The hosts of “The View” have said they want more conservatives to appear on the show. Next week, they’re getting one of the most outspoken: Rep. Marjorie Taylor Greene. The MAGA congresswoman from Georgia, long known for her fiery rhetoric and penchant for political brawling, will appear on the

By Ramishah Maruf, CNN (CNN) — The US trade deal with China seeks to resolve a major sticking point of their ongoing trade war: rare-earth minerals. Despite multiple rounds of talks with US trade negotiators over the past several months, China continued to slow-walk promises to the Trump administration that it would free up crucial

By Lisa Eadicicco, CNN (CNN) — Chatbot platform Character.AI will no longer allow teens to engage in back-and-forth conversations with its AI-generated characters, its parent company Character Technologies said on Wednesday. The move comes after a string of lawsuits alleged the app played a role in suicide and mental health issues among teens. The company

By Clare Duffy, CNN New York (CNN) — Nvidia just became the world’s first $5 trillion company. Unprecedented demand for the company’s AI chips have propelled the company’s market valuation into the stratosphere. The milestone, which Nvidia reached at Wednesday’s open, comes just three months after the company crossed the $4 trillion mark. It took

By Chris Isidore, Norma Galeana, CNN Los Angeles (CNN) — Vancouver attorney Grant Murray used to travel to the United States frequently until the US-Canadian trade dispute led him to wage his own personal travel boycott. But as much as he loves his country and wants to support it, he loves his Toronto Blue Jays

By Lisa Eadicicco, CNN (CNN) — Apple has just joined an exclusive club: It just became one of the few publicly traded companies to surpass $4 trillion in market value, joining fellow tech giants Nvidia and Microsoft, both of which reached that milestone earlier this year. Shares of Apple (AAPL) rose 0.1% Tuesday, continuing a

By Ramishah Maruf, CNN New York (CNN) — Amazon said it would cut 14,000 corporate staffers this year in a mass layoff aimed at readying the company for wide adoption of AI technology. The company noted that it would be hiring in key areas and would prioritize those who lost their jobs for those roles.

By Brian Stelter, CNN (CNN) — CNN is introducing a streaming subscription option called All Access, charting a new course in a media era defined by direct-to-consumer relationships and mobile-first news reports. The new service, which is built into CNN’s existing apps and websites, features multiple live TV streams of news coverage and exclusive content.

By Nathaniel Meyersohn, CNN New York (CNN) — New York City voters are currently deciding on one of the most polarizing issues in decades. But it has nothing to do with 34-year-old democratic socialist mayoral frontrunner Zohran Mamdani. Instead, it will determine who has the power to greenlight — or block— affordable housing development in

By Ramishah Maruf, CNN New York (CNN) — Amazon plans to lay off as many as 30,000 corporate employees, beginning tomorrow, reports say. The cuts would total nearly 10% of the company’s corporate jobs, as advances in artificial intelligence stoke fears about the white-collar workforce and the US labor market shows signs of weakening. Reuters

By John Towfighi, CNN (CNN) — Argentina’s stock, bond and currency markets surged Monday after a decisive victory by a MAGA ally of US President Donald Trump — and a $20 billion lifeline from the United States. President Javier Milei’s win is a victory for Trump — and potentially for the US taxpayers funding that

By Brian Stelter, CNN (CNN) — Jon Stewart says he wants to stay at “The Daily Show” desk after his current contract expires in December. “We’re working on staying,” the Comedy Central host said Sunday when asked about his status on stage at The New Yorker Festival in Manhattan. “It’s not as clear-cut as all

By Chris Isidore, Betsy Klein, Vanessa Yurkevich, CNN (CNN) — After ICE in September raided a still-under-construction Georgia Hyundai plant – and arrested and deported hundreds of South Korean workers – the automaker’s CEO, José Muñoz, said he hoped for a resolution that could bring crucial foreign-worker expertise back to the United States. President Donald

By Jeanne Sahadi, CNN (CNN) — Money can be a fraught issue for most couples. And no wonder. “We tend to have rule books around money. And we get upset when someone doesn’t have the same game plan,” said Thomas Faupl, a licensed family and marriage therapist who specializes in financial therapy. Not to mention

CNN, NBC, POOL, CNN|TIKTOK By John Liu, CNN (CNN) — US and Chinese officials have reached a framework agreement, averting a potentially ruinous 157% tariff on Chinese goods while paving the way for a potential trade deal to be discussed between President Donald Trump and Chinese leader Xi Jinping later this week. The apparent progress

CNN By Ramishah Maruf, Matt Egan, CNN New York (CNN) — Even the joy of Halloween will cost more this year, with less chocolate than in years past. Expect more packages of tangy gummies, riding off a meteoric high last year. Your kid’s trick-or-treat bag may be filled with a lot of pumpkin-spice-filled-anything. And like

By John Towfighi, CNN New York (CNN) — Better-than-expected inflation data Friday morning sparked an end-of-week rally in stocks, sending the Dow, S&P 500 and tech-heavy Nasdaq Composite soaring to fresh record highs. The Dow gained 473 points, or 1.01%, and closed at 47,207.12. The blue-chip index closed above 47,000 for the first time ever.