CNN Business/Consumer

By Bryan Mena, CNN Washington (CNN) — Americans are feeling a hangover from their tariff-fueled buying frenzy early in the spring. Retail sales fell by 0.9% in May from the prior month, the Commerce Department said Tuesday, down sharply from April’s downwardly revised 0.1% decline. That was the steepest monthly decline since January. The figures

By Nathaniel Meyersohn, CNN New York (CNN) — Food giant Kraft Heinz will remove all artificial colors from its brands as synthetic food dyes face renewed scrutiny from consumers and Secretary Robert F. Kennedy Jr.’s US Department of Health and Human Services. The maker of Kraft Mac & Cheese, Heinz ketchup, Jell-O, Capri-Sun and other

By John Towfighi, CNN (CNN) — Global markets have remained relatively calm amid the escalating tensions between Israel and Iran. But that sentiment could quickly shift, according to experts, if the conflict affects the Strait of Hormuz. That’s because the narrow stretch of water located between the coasts of Iran and Oman is one of

Associated Press (AP) — A federal jury in Colorado on Monday found that one of the nation’s most prominent election conspiracy theorists, MyPillow founder Mike Lindell, defamed a former employee for a leading voting equipment company after the 2020 presidential election. The employee, Eric Coomer, was awarded $2.3 million in damages. He had sued after

By Ramishah Maruf, CNN New York (CNN) — Champion eater Joey Chestnut is returning to the Nathan’s Famous Fourth of July Hot Dog Eating Contest after being banned last year. “This event means the world to me. It’s a cherished tradition, a celebration of American culture, and a huge part of my life,” he said

By Rebecca Wright, Kristie Lu Stout, Dan Hodge, Robin Li and Alysha Bibi, CNN Hong Kong (CNN) — As the metal gangway is lowered, the crew gets to work securing the ship to the dockside – their bright orange jumpsuits dwarfed by the vast pink container ship behind them. Once the ONE Modern vessel is

CNN By Rebecca Wright, Kristie Lu Stout, Dan Hodge, Robin Lee and Alysha Bibi, CNN Hong Kong (CNN) — As the metal gangway is lowered, the crew gets to work securing the ship to the dockside – their bright orange jumpsuits dwarfed by the vast pink container ship behind them. Once the ONE Modern vessel

By Liam Reilly, CNN (CNN) — Terry Moran has no regrets. The now-former ABC News correspondent sat down for a pair of interviews on Monday, speaking out for the first time about losing his job at the network after he posted a social media missive last week against President Donald Trump and deputy chief of

By Samantha Delouya, CNN (CNN) — America’s top battery brands are locked in a power struggle over battery life claims. Duracell has filed a lawsuit against Energizer, accusing the rival battery maker of running a deceptive advertising campaign. In a complaint filed in federal court in Manhattan on June 13, Duracell — which is owned

By Allison Morrow, CNN New York (CNN) — The Trump Organization on Monday announced the creation of a new wireless service called Trump Mobile that it hopes will rival US telecom providers like AT&T, Verizon and T-Mobile. “A big part of what we’ve done … has been focused on technology for people who have been

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