CNN Business/Consumer

CNN By Nayeli Jaramillo-Plata, CNN (CNN) — As Americans celebrate 249 years of independence with fireworks and barbecues, many businesses will be closed for the day. The Fourth of July marks the birth of American independence, the day the Declaration of Independence was adopted in 1776. As a federal holiday, the Fourth means many government

By Jordan Valinsky, CNN New York (CNN) — Costco has rolled out earlier shopping hours. But members will have to pay a bit more to access it. Cardholders of Costco’s priciest “Executive Member” plan, which costs $130 per year, can now exclusively enter warehouses beginning at 9 am through 10 am Sunday through Friday. On

By Brian Stelter, CNN (CNN) — Paramount Global is being hammered for bowing to presidential pressure and settling a lawsuit that it likely could have beaten in court. But this convoluted episode is really more about the plaintiff, President Trump, than about Paramount. “It is odd to call this a ‘settlement’ when the result of

By Clare Duffy, CNN New York (CNN) — When Karandeep Anand’s 5-year-old daughter gets home from school, they fire up the artificial intelligence chatbot platform Character.AI so she can chat about her day with her favorite characters, such as “Libarian Linda.” Anand’s experience using the product as a parent might be helpful now that he’s

CNN By Brian Stelter and Liam Reilly, CNN (CNN) — CBS News parent Paramount Global has agreed to pay $16 million to resolve an extraordinary lawsuit filed by President Donald Trump over a “60 Minutes” news report last fall. The long-gestating and highly controversial settlement payment was announced by Paramount late Tuesday night. Paramount said

By Alejandra Jaramillo and Elisabeth Buchwald, CNN (CNN) — President Donald Trump said Wednesday he has made a trade deal with Vietnam. “I just made a Trade Deal with Vietnam,” Trump wrote in a Truth Social post. In a subsequent post he said, “The Terms are that Vietnam will pay the United States a 20%

By Chris Isidore, CNN (CNN) — Tesla reported another record sales plunge Wednesday, as brand damage from CEO Elon Musk’s political activities and increased competition continued to batter the once fast-growing electric car maker. Tesla reported it sold 384,122 cars in the quarter, down nearly 60,000 cars, or 13.5% from the sales total a year

By Jordan Valinsky, CNN New York (CNN) — Chuck E. Cheese isn’t just for the kids anymore. The arcade chain is opening a spin-off aimed at adults, called “Chuck’s Arcade,” which the company describes as a “modern-day love letter to the games and people who made Chuck E. Cheese great.” Similar to the kiddie version,

By Alicia Wallace, CNN (CNN) — The US private sector lost jobs in June, the first negative month in more than two years, according to new data Wednesday from payroll provider ADP. US employers lost an estimated 33,000 jobs, according to ADP’s monthly national employment report. Economists were expecting ADP’s report to show a net

CNN By David Goldman and Hadas Gold, CNN (CNN) — The truce between Elon Musk and President Donald Trump didn’t even last a month. After the Senate narrowly passed a procedural vote to debate Trump’s “Big, Beautiful Bill” over the weekend, Musk on Monday said he would use his vast resources to launch primary campaigns

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant policy changes, Chair Jerome Powell said Tuesday. “I do think that’s right,” he said at a central banking forum in Sintra, Portugal, when asked if the Fed would have

By Clare Duffy, CNN New York (CNN) — The US Senate has voted nearly unanimously to remove a 10-year moratorium on the enforcement of state artificial intelligence regulations from Republicans’ sweeping domestic policy bill. The provision in the Senate bill would have effectively prevented states from enforcing many proposed and existing AI-related laws — including

By Alicia Wallace, CNN (CNN) — The US labor market continues to show signs of life, with the number of available jobs rising unexpectedly in May to a six-month high, according to Bureau of Labor Statistics data released Tuesday. Job openings, which serve as a closely watched measure of labor market demand, totaled an estimated

By David Goldman and Hadas Gold, CNN (CNN) — The truce between Elon Musk and President Donald Trump didn’t even last a month. After the Senate narrowly passed a procedural vote to debate Trump’s “Big, Beautiful Bill” over the weekend, Musk on Monday said he would use his vast resources to launch primary campaigns against

By Jordan Valinsky, CNN New York (CNN) — Lululemon is suing Costco, alleging that the discount wholesaler is selling knockoffs of its $128 pants and other pricey athleisure clothing. In a lawsuit filed Friday, Lululemon said Costco has “unlawfully traded” on the athleisure brand’s “reputation, goodwill and sweat equity by selling unauthorized and unlicensed apparel

By Hadas Gold, CNN (CNN) — After declaring he was stepping away from the political spotlight, Elon Musk got right back in it. As the Senate debated President Donald Trump’s “Big, Beautiful Bill” on Monday before a final vote, Musk issued a stark warning via his social media platform X. “Every member of Congress who

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