CNN Business/Consumer

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

By Jordan Valinsky, CNN New York (CNN) — Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the activewear giant announced Thursday. The tariffs “represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer on a call with analysts, adding that

CNN By Nathaniel Meyersohn. Video by Maya Blackstone, CNN New York (CNN) — Over the last few years, Starbucks pulled out 30,000 comfortable seats, installed hard wooden stools, blocked electrical outlets and turned stores into takeout counters for customers picking up orders off its mobile app. The changes backfired and customers left for local coffee

By Brian Stelter, CNN (CNN) — President Trump has ratcheted up his rhetorical battle over recent US airstrikes in Iran by having an attorney send legal letters to CNN and The New York Times demanding retractions of accurate reports. On Thursday evening a CNN spokesperson confirmed that the network responded to the letter by rejecting

By Brian Stelter, CNN (CNN) — Bill Moyers, a former press secretary to President Lyndon B. Johnson who turned into a longtime broadcast journalist and champion of public media, has died at age 91, his family confirmed to CNN. The acclaimed journalist’s son, William Moyers, said he died of complications from a long illness. His

By John Towfighi, CNN New York (CNN) — The S&P 500 on Thursday flirted with closing at an all-time high, vying to complete a whirlwind roundtrip that saw the benchmark US stock index shed and then regain roughly $9.8 trillion in market value across just four months. The S&P 500 has been on a roller

By Lisa Eadicicco and Hadas Gold, CNN New York (CNN) — Trump Mobile, the wireless service provider and phone company launched by the Trump Organization, no longer promises on its website that its upcoming smartphone will be made in America. The company adjusted language on its website on or around June 22 to drop the

By John Towfighi, CNN New York (CNN) — The S&P 500 is on the cusp of a record high. That’s a remarkable change of events, since the index was on the brink of a bear market just two months ago. US stocks on Wednesday were mixed, with a new high for the S&P 500 less

By Matt Egan, CNN (CNN) — President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has “low IQ” and suggested that he has narrowed down the list of potential replacements to three or four people. “He’s an average mentally person…Low IQ for what he does,” Trump said