CNN Business/Consumer

By Clare Duffy, CNN New York (CNN) — President Donald Trump has drafted an executive order that would block states from enforcing regulations around artificial intelligence, renewing an AI deregulation push that’s raising concerns among tech safety advocates and state lawmakers on both sides of the aisle. The draft order directs the US attorney general

By Nathaniel Meyersohn, CNN New York (CNN) — Walmart is proving to be America’s antidote to the cost of living crisis. A growing number of Americans are heading to Walmart for groceries and clothing as inflation and high prices squeeze their budgets: Walmart’s business in the United States is surging and it’s gaining market share

CNN, POOL By Alicia Wallace, CNN (CNN) — A long-awaited jobs report offered a mixed picture of the US labor market. The economy added 119,000 jobs in September, an unexpected rebound for the labor market — but it comes as the overall economy shows signs of slowing. Economists were expecting 50,000 jobs to have been

CNN By Clare Duffy, CNN New York (CNN) — Nvidia posted strong revenue and profits that exceeded Wall Street’s expectations Wednesday. The closely watched result could prompt a sigh of relief across the stock market following growing concerns about an artificial intelligence bubble. Nvidia’s sales grew 62% year-over-year to $57 billion in the October quarter,

CNN By Clare Duffy, CNN New York (CNN) — Nvidia posted strong revenue and profits that exceeded Wall Street’s expectations Wednesday. The closely watched result could prompt a sigh of relief across the stock market following growing concerns about an artificial intelligence bubble. Nvidia’s sales grew 62% year-over-year to $57 billion in the October quarter,

By Hadas Gold, CNN (CNN) — Saudi Arabia is strengthening its ties with American AI companies — announcing a flurry of new joint ventures worth billions of dollars. The country seeks to make its mark in the AI industry as its de facto leader, Crown Prince Mohamed bin Salman, makes his first visit to the

By Clare Duffy, CNN New York (CNN) — Nvidia posted strong revenue and profits that exceeded Wall Street’s expectations Wednesday. The closely watched result could prompt a sigh of relief across the stock market following growing concerns about an artificial intelligence bubble. Nvidia’s sales grew 62% year-over-year to $57 billion in the October quarter, ahead

By Ana Nicolaci da Costa, CNN London (CNN) — A high-stakes standoff between China and the Netherlands over control of a crucial chipmaker reached a detente Wednesday after Amsterdam suspended a controversial order that enabled it to take control of Chinese-owned Nexperia. The standoff had threatened to shutter auto plants around the world as Nexperia

By Alicia Wallace, CNN (CNN) — One of the most hotly anticipated economic reports is finally set to be released Thursday: The long-delayed jobs report for September, originally due on October 3. It marks the reopening of the floodgates for a slew of backlogged economic data that was held up due to the historic government

By Jack Guy and Joyce Jiang, CNN (CNN) — Sales of an artificial intelligence-enabled plush toy have been suspended after it was found that it engaged in conversation around sexually explicit topics and offered potentially dangerous advice. Larry Wang, CEO of Singapore-based FoloToy, told CNN that the company had withdrawn its “Kumma” bear, as well

By Hadas Gold, CNN (CNN) — Larry Summers is resigning from the OpenAI board and leaving his instructor role at Harvard University after more emails between him and convicted sex offender Jeffrey Epstein were released last week by a House committee. “In line with my announcement to step away from my public commitments, I have

By Nathaniel Meyersohn, CNN New York (CNN) — Target’s problems are intensifying. In the latest signal of trouble at the struggling company, Target posted another drop in sales during its latest quarter and cut its full-year profit guidance Wednesday. Target’s stock slipped 1% during pre-market trading. Heading into Wednesday, shares had tumbled roughly 35% this

By Lisa Eadicicco, CNN (CNN) — Having problems with your favorite websites lately? It’s not just you. Web infrastructure provider Cloudflare experienced a disruption on Tuesday that temporarily impacted a swath of online services – from Spotify to ChatGPT and even President Donald Trump’s Truth Social platform – marking the latest in a string of

By Matt Egan, CNN New York (CNN) — Surging import costs. Mounting payroll and healthcare expenses. A shortage of affordable loans. And a stressed-out workforce. Small businesses are facing mounting pressure from America’s affordability crisis. Doug Scheffel, owner of a family-run ETM Manufacturing in Massachusetts, laid off about a quarter of his employees in April

CNN By John Towfighi, CNN New York (CNN) — Bitcoin and stocks are in a bout of volatility — and investors say more turbulence could be in store. US stocks closed lower Tuesday, extending a recent tumble. The Dow fell 499 points, or 1.07%. The S&P 500 fell 0.83%. The tech-heavy Nasdaq Composite slid 1.21%.

By Brian Stelter, CNN (CNN) — A federal appeals court has rejected President Donald Trump’s attempt to revive a defamation lawsuit against CNN, calling his arguments “meritless.” The 2022 suit objected to CNN’s use of the phrase “the big lie” in reference to the president’s lies about the 2020 election being “stolen.” On Tuesday, a

By Clare Duffy, CNN New York (CNN) — Meta scored a major win on Tuesday after a federal judge ruled that it is not a social networking monopoly, shooting down an argument from the US Federal Trade Commission that it should be forced to spin off two of its most popular platforms. The Federal Trade

By Brian Stelter, CNN (CNN) — “The Daily” has been dethroned. “The Joe Rogan Experience,” which was #3 on Apple’s list of most popular podcast shows last year, moved up to first place this year. “The Daily,” from The New York Times, was #2 this year, followed by “The Mel Robbins Podcast,” which wasn’t in

By Nathaniel Meyersohn, CNN New York (CNN) — The housing market is frozen, and consumers are nervous about the economy. That’s a bad recipe for Home Depot. The bellwether for US consumers and the housing market said Tuesday that its sales at US stores open for at least one year rose only 0.2% last quarter.

By Lisa Eadicicco, CNN (CNN) — The longest government shutdown in US history shook travel plans across America earlier this month as a shortage of air traffic controllers resulted in thousands of delayed or canceled flights. But even the end of the shutdown doesn’t fix the the broader air traffic controller shortage that’s been plaguing

By Issy Ronald, CNN (CNN) — Subscription TV company Sky Sports has scrapped its new TikTok account targeting female sports fans after just three days, after the style and tone of its videos faced backlash. Social media users labeled the account “condescending,” “patronizing” and “sexist,” accusing it of perpetuating the problems it purported to address.

By Jordan Valinsky, CNN New York (CNN) — Two of America’s most embattled retail chains are working together to drum up some excitement from customers this holiday season. They sure could use it. Beginning Monday, a Frozen Peppermint Hot Chocolate drink will be available exclusively at Starbucks cafés inside Target stores. The vast majority of

By David Goldman, CNN (CNN) — President Donald Trump keeps downplaying America’s affordability crisis, and he continues to falsely claim that inflation and overall prices have fallen during his second term. “Our prices are coming down very substantially on groceries and things,” Trump told reporters in Florida Sunday evening. “They’re already at a much lower

UNIVERSAL PICTURES, PARAMOUNT PICTURES, 20TH CENTURY STUDIOS, LIONSGATE MOVIES, CNN By Auzinea Bacon, CNN (CNN) — Lionsgate Films’ “Now You See Me: Now You Don’t” stole the show at the domestic box office this weekend. The third installment of the “Now You See Me” franchise earned $21.3 million. The first “Now You See Me” opened

By Auzinea Bacon, CNN (CNN) — Lionsgate Films’ “Now You See Me: Now You Don’t” stole the show at the domestic box office this weekend. The third installment of the “Now You See Me” franchise earned $21.3 million. The first “Now You See Me” opened in 2013 to more than $29 million, according to Box

By Auzinea Bacon, CNN (CNN) — Treasury Secretary Scott Bessent said Sunday that President Donald Trump’s proposal to issue $2,000 tariff rebate checks to most Americans would require Congress’ approval. “We will see. We need legislation for that,” Bessent said on Fox News’ “Sunday Morning Futures” when asked about rebate checks, adding that “Those could

By Gordon Ebanks, CNN (CNN) — Dr. Adriana Kugler, a former member of the Federal Reserve Board of Governors who abruptly announced her resignation in August, broke the central bank’s trading rules, according to a report released Saturday by the US Office of Government Ethics. That disclosure shows violations of purchasing stocks and making trades

By Liam Reilly, CNN (CNN) — Disney and YouTube TV struck a multi-year deal late Friday to get the entertainment giant’s content back onto the streaming site, ending the two week blackout that spanned a historic election night. The new carriage deal means Disney sports, entertainment and news programming, such as ESPN and ABC, will

By Alicia Wallace, CNN (CNN) — The US government has reopened following its longest-ever shutdown, setting the stage for the eventual release of the gold-standard federal data that is crucial in analyzing the health and trajectory of the nation’s economy. Data nerds (and government officials, and Federal Reserve policymakers, and business owners, and, well, everyone

CNN By Jordan Valinsky, CNN New York (CNN) — Doug McMillon, Walmart’s CEO for just over a decade, is retiring next year, the retailer announced Friday. McMillon will be succeeded by John Furner on February 1, 2026. Furner is currently the CEO and president of Walmart’s US operations, the company’s largest business unit. Both executives