CNN Business/Consumer

By Jordan Valinsky, CNN New York (CNN) — Cracker Barrel has cut ties with the design firm that created its controversial new logo and redesigned restaurants. The restaurant chain started implementing the changes but quickly reversed course following online backlash – including from President Donald Trump. The company confirmed the split late Thursday in a

By Natasha Chen, CNN Santa Cruz, CA (CNN) — Chris Zephro’s warehouse full of latex masks, “Saw” movie props, and zombie apocalypse games is a testament to his love of horror. “Horror is not necessarily Halloween. It’s really a lifestyle,” Zephro said. But the fake blood inside his Santa Cruz, California, warehouse pales in comparison

By Liam Reilly, CNN (CNN) — A comedy festival in Saudi Arabia featuring high-profile American performers is drawing intense criticism from human rights advocates who say the star-studded event helps gloss over the kingdom’s ongoing human rights abuses. The Riyadh Comedy Festival, which kicked off on September 26, has styled itself as “the world’s largest

By Matt Egan, CNN (CNN) — Democratic Sen. Elizabeth Warren is calling on the Trump administration to release the September jobs report on Friday despite the ongoing government shutdown, a Senate aide told CNN on Thursday. The monthly jobs report, compiled and published by the Bureau of Labor Statistics, is arguably the most critical piece

By Chris Isidore, CNN (CNN) — Tesla sales surged to a record in the third quarter as American buyers rushed to buy its cars before a $7,500 federal tax credit expired on September 30. The company sold a record 497,099 vehicles worldwide from July through September, a tally just ahead of the company record set

By Jordan Valinsky, CNN New York (CNN) — Berkshire Hathaway, the Warren Buffett-owned conglomerate, has announced its biggest deal in three years with the planned acquisition of OxyChem for $9.7 billion. This will be Buffett’s biggest deal since he paid $11.6 billion for Alleghany, an insurance company, in 2022. Buffett, 95, recently announced he was

By Jeanne Sahadi, CNN (CNN) — A new rule is going into effect next year that will affect high earners who make “catch-up contributions” in their 401(k)s or other tax-deferred workplace retirement plans. The rule, which was created under the Secure 2.0 retirement law, will essentially eliminate the immediate tax break for catch-up contributions that

By David Goldman, CNN (CNN) — When ABC executives told Jimmy Kimmel last month that his show was being pulled off the air, the late-night show’s audience was seated, a guest chef had already started making food, the musical guest had performed a warm-up act, and Kimmel was in the bathroom. “It was about 3:00;

By Alicia Wallace, CNN (CNN) — Private payrolls plunged in September, complicating the picture for the US economy as policymakers and investors struggle to assess the state of the labor market amid a government shutdown. The Bureau of Labor Statistics is unlikely to release the monthly jobs report this Friday due to the closure. That

By Jordan Valinsky, CNN New York (CNN) — Peloton is unveiling a sweeping revamp of its portfolio with a focus on artificial intelligence as the once-hot fitness company looks to kickstart growth. On Wednesday, the company is releasing five products, including a cheaper base model and more expensive “plus” versions of its bike and treadmill

By John Towfighi, CNN New York (CNN) — Stocks closed slightly higher on Wednesday as the US government officially entered a shutdown and Wall Street grappled with the uncertain implications for the economy. The Dow rose 43 points, or 0.09%. The broader S&P 500 rose 0.34% and the tech-heavy Nasdaq Composite rose 0.42%. The S&P

By Brian Stelter, CNN (CNN) — Cuts to NPR, PBS and other public media outlets have been in the news all year long, but now the federal funds have actually run out. With Tuesday marking the end of the federal government’s fiscal year, the Corporation for Public Broadcasting is saying farewell to staffers and winding

By Bryan Mena, CNN Washington (CNN) — A member of the Trump administration has seemingly raised a red flag after China bought millions of tons of Argentinian soybeans, taking advantage of a financial lifeline the US Treasury Department said it plans to provide to Buenos Aires – all while American soybean farmers are struggling with

By Jordan Valinsky, CNN New York (CNN) — Publishers Clearing House – the bankrupt sweepstakes company that told its past prize winners they would no longer receive their ‘forever’ payments – has a new CEO, who has a plan to protect the company’s prize winners. Future winners. Past winners are still out of luck. ARB

By Alicia Wallace, CNN (CNN) — In what could be the last piece of federal jobs data released this week if the government shuts down, a new report Tuesday showed that the number of available roles remains low for the year, a sign that opportunities continue to dwindle for Americans looking for work. Tuesday’s Job

By David Goldman, CNN (CNN) — President Donald Trump on Monday ordered significant new tariffs on wood and various wooden products, including imported lumber, timber, kitchen cabinets and upholstered furniture – potentially adding costs to homebuilding and furnishing, which have surged in price in recent months. In a proclamation, Trump said the United States would

By Ramishah Maruf, Clare Duffy, CNN New York (CNN) — YouTube agreed to pay $24.5 million to settle a lawsuit filed by President Donald Trump after he was suspended by social media platforms following the January 6, 2021, insurrection. This makes Alphabet-owned YouTube the last of the three Big Tech social media companies sued by

By Auzinea Bacon, CNN (CNN) — Large and small coffee chains nationwide are celebrating National Coffee Day on Monday with free cups of joe and other deals. This year is especially important as chains try to reel in consumers who have been cutting back on discretionary spending. Americans have grown more cost-conscious due to fears

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump said in a Truth Social post on Monday he will be imposing a 100% tariff “on any and all movies that are made outside of the United States.” Trump did not specify when or how the tariff could be enacted. If Trump follows through with his

By Hadas Gold, CNN (CNN) — Elon Musk’s X is the “go-to platform for antisemitic posters,” according to a new year-long study shared exclusively with CNN. The research, by the Center for Countering Digital Hate (CCDH) and the Jewish Council for Public Affairs, found that not only is antisemitism rampant on the platform, but also

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump threated to impose “substantial Tariffs on any Country that does not make its furniture in the United States,” he wrote in a Truth Social post on Monday. “Details to follow!!!” he added. This comes after he announced last week that a 50% tariff on kitchen cabinets

By Jordan Valinsky, CNN New York (CNN) — Video game maker Electronic Arts is going private in a $55 billion deal that’s funded by Saudi Arabia and a Jared Kusher-backed investment firm. The company, which makes hits like “Madden NFL,” “The Sims,” and “Battlefield,” announced Monday that the consortium is led by Saudi Arabia’s Public

By Jordan Valinsky, CNN New York (CNN) — McDonald’s is rebooting a fan-favorite game after a decade in an effort to spur sales. Once a cultural phenomenon, and even the subject of scandal, Monopoly is back. The promotion is returning to US restaurants on October 6 for a limited time, but not in the way

By Auzinea Bacon, CNN (CNN) — Amazon will soon have to refund some Prime members as part of a $2.5 billion settlement with the Federal Trade Commission – $1.5 billion of which will be returned directly to customers. It’s the FTC’s largest-ever settlement and the second-highest refund award in history. The FTC said in a

By Aaron Cooper, CNN (CNN) — For years, following significant and continuous quality and safety errors, Boeing has been barred from certifying the safety of some of its own aircraft on behalf of the US government. Following 18 months of intense oversight and scrutiny from US regulators, the Federal Aviation Administration is restoring Boeing’s safety

By Bryan Mena, CNN Washington (CNN) — Americans are souring on the economy again to levels seen rarely in the post-World War II era, raising the question of what it means for spending, economic growth and other key metrics gauging the world’s largest economy. Consumer sentiment fell this month to a final reading of 55.1,

By Alicia Wallace, CNN (CNN) — Americans ramped up their spending in August; however, their costs of living were on the rise as food and other goods became even more expensive last month and services prices remained stubbornly high. New economic data released Friday showed that consumer spending rose 0.6% in the key back-to-school shopping

By Tami Luhby, CNN (CNN) — President Donald Trump announced Thursday that brand-name or patented pharmaceutical products will be subject to a 100% tariff starting October 1 – unless the drugmaker is building a manufacturing plant in the US. Trump has been promising for months to levy tariffs on pharmaceutical imports, which avoided tariffs during

CNN By Samantha Waldenberg, Clare Duffy, CNN (CNN) — President Donald Trump signed an executive order on Thursday clearing the way for the completion of a deal to sell TikTok’s US assets to a consortium of mostly American investors. The order marks an important procedural step toward finalizing the TikTok sale, but the deal is

By Oren Liebermann, Tal Shalev, CNN (CNN) — Microsoft has terminated a set of services for the Israeli military after an investigation suggested Israel was using the company’s cloud computing technology for mass surveillance of Palestinians. In a statement posted the company’s blog, Microsoft President Brad Smith said the company had “ceased and disabled a