CNN Business/Consumer

By Samantha Delouya, CNN (CNN) — Americans face a shortage of affordable homes, but the mega tax and spending bill championed by the Trump administration has the potential to shape housing affordability for years to come. The “One Big Beautiful Bill” Act, a linchpin of President Donald Trump’s economic agenda, is primarily a sweeping tax

By Auzinea Bacon, CNN (CNN) — Internet and cable provider Spectrum has reported outages in Los Angeles are “caused by a criminal act of vandalism,” according to a company post Sunday on X. The most common user issues have been total blackouts, landline and internet problems, and no signal. The outage has affected neighborhoods surrounding

By Sean Lyngaas, CNN (CNN) — Hackers have tried to break into the email accounts of a select number of Washington Post journalists, according to an internal Washington Post memo obtained by CNN. The Post discovered the “possible targeted” hack of its email system last Thursday, prompting the newspaper to reset login credentials for all

By Auzinea Bacon, CNN (CNN) — Another live-action remake topped the charts as Universal Pictures’ “How to Train Your Dragon” soared to $83.7 million at the box office, marking the best domestic opening weekend for the franchise. The fantasy adventure movie beat analysts’ expectations of $70 million and held off Disney’s live-action remake “Lilo &

CNN, UNIVERSAL PICTURES By Auzinea Bacon, CNN (CNN) — Another live-action remake topped the charts as Universal Pictures’ “How to Train Your Dragon” soared to $83.7 million at the box office, marking the best domestic opening weekend for the franchise. The fantasy adventure movie beat analysts’ expectations of $70 million and held off Disney’s live-action

By Auzinea Bacon, CNN (CNN) — A nonprofit led by Anne Wojcicki, the co-founder and former chief executive of 23andMe, won a bid to acquire the genetic testing company following its bankruptcy filing in March. Wojcicki’s California-based nonprofit, TTAM Research Institute, will purchase 23andMe for $305 million, according to a news release on Friday. It’s

By Matt Egan, CNN New York (CNN) — Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season heats up. Up until now, pump prices had been low and stable. Relatively cheap gas prices have helped drive down inflation and offset consumer concerns about sky-high tariffs.

By David Goldman, CNN (CNN) — The Trump administration will soon ensure that its 50% steel tariffs, which have threatened to make everything containing steel more expensive, will apply to your next fridge or dishwasher. The Commerce Department, in a notice set to be published in the federal register Monday, said the recently increased steel

By Jeanne Sahadi, CNN (CNN) — Chances are very good that your 401(k) does not currently offer you access to private equity investments, which, as the name implies, are investments in companies that are not publicly traded. The question is, will that change in the next few years? And, if it does, is it worth

By John Liu, Matt Egan and John Towfighi, CNN Hong Kong/New York (CNN) — Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and Iran escalated, stoking concerns of a broader conflict in the region. The price of oil surged Friday in the market’s largest

By Lisa Eadicicco, CNN (CNN) — Multiple popular online services were hit by outages on Thursday afternoon, including Spotify, Discord, Google and Amazon Web Services, according to Downdetector, a website that tracks service disruptions across the web. The disruptions came as service provider Cloudflare and Google Cloud experienced service disruptions. A Cloudflare representative told CNN

By John Towfighi, CNN New York (CNN) — Wall Street breathed a sigh of relief Thursday after a key bond auction eased concerns that the US economy might be falling out of favor with investors. Bonds rallied after an auction for US government bonds saw relatively strong demand. The Treasury on Thursday sold $22 billion

By Jordan Valinsky, CNN New York (CNN) — From beer to fast food, nothing is safe from pickles. And now, the sweet and sour taste is entering a new frontier: Ramen. Intant ramen maker Cup Noodles is releasing a new dill pickle version, which combines the flavors of the noodles with the tangy and sour

By Clare Duffy, CNN New York (CNN) — Meta is suing the Hong Kong-based maker of the app CrushAI, a platform capable of creating sexually explicit deepfakes, claiming that it repeatedly circumvented the social media company’s rules to purchase ads. The suit is part of what Meta (META) described as a wider effort to crack

By Brian Stelter, CNN (CNN) — Richard Nixon tried. Ronald Reagan tried. President Donald Trump tried during his first term in office. All three Republican presidents wanted to strip taxpayer support for PBS and NPR stations. But all three men were stymied by Congress. This time, however, might be different. Trump, emboldened in his second

By Alicia Wallace, CNN (CNN) — US wholesale inflation rose slightly in May. The latest Producer Price Index, a closely watched measurement of wholesale inflation, showed that prices paid to producers rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released Thursday. The upswing marked a turnabout

By Ryan Struyk, CNN (CNN) — White House AI czar David Sacks dismissed concerns about artificial intelligence taking away jobs on Tuesday, just days after a major AI leader warned the technology could lead unemployment to climb as high as 20% in the next few years. “Personally, I don’t think it’s (AI) going to lead

By Alicia Wallace, CNN (CNN) — Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread. Consumer prices rose 0.1% last month, while the annual inflation rate increased to 2.4% from a four-year-low of 2.3% notched in April, according to the latest Consumer Price