CNN – Business/Consumer

By Paul R. La Monica, CNN With more states legalizing gambling on sports, Super Bowl LVII will probably be the biggest event for the industry ever. The American Gaming Association is predicting that more than 50 million people will bet about $16 billion on the National Football League championship game between the Kansas City Chiefs

By Ross Levitt, CNN The National Transportation Safety Board, which is investigating a near miss incident on the JFK runway last month, has issued a subpoena for the testimony of the American Airlines pilots involved. “American Airlines cleared the flight crew’s schedule to ensure their availability; however, the flight crew refused to be interviewed on

By Alicia Wallace, CNN December consumer prices rose from the month before and did not fall as previously thought, according to revised data from the Bureau of Labor Statistics released Friday. The newly calibrated Consumer Price Index shows that prices rose 0.1% on a seasonally adjusted basis in December from November versus a previously estimated

By Elle Reeve and Samantha Guff, CNN Sitting across from Jimmy Fallon on “The Tonight Show,” Paris Hilton, wearing a sparkling neon green turtleneck dress and a high ponytail, looked at a picture of a glum cartoon ape and said it “reminds me of me.” The audience laughed. It did not look like her at

By Parija Kavilanz, CNN When you’re the last lone surviving store in any industry, you’ve earned the right to have fun and hype it up. That’s exactly what the only remaining store of the Blockbuster video rental chain is doing, and it’s during the Super Bowl. And it helps if you still have a VCR,

By Oliver Darcy and Betsy Klein, CNN The White House says President Joe Biden will not sit down for an interview with Fox before the Super Bowl, ending a strange back and forth between the Biden administration and the television network with which it frequently spars. Earlier Friday, White House Press Secretary Karine Jean-Pierre said

By Peter Valdes-Dapena, CNN Business For those who really don’t want a long term commitment but who may try out living with an electric vehicle, Hyundai is starting a car subscription service. Hyundai’s new Evolve+ program is designed for the “EV-curious,” or for those who only need a car temporarily, like “snowbirds” who move to

By Jessie Gretener and Olesya Dmitracova, CNN South Africa’s President Cyril Ramaphosa has declared a national state of disaster in response to the country’s drawn-out energy crisis, calling it “an existential threat” to Africa’s most developed economy. Setting out the government’s key objectives for the year in a state of the nation address Thursday, Ramaphosa

By Alicia Wallace, CNN Easing inflation and a strong labor market are helping consumers feel better about the economy this month, according to a closely watched survey released Friday by the University of Michigan. The preliminary consumer sentiment index for February increased to 66.4 from 64.9 in January, the university reported Friday. That’s the best