CNN – Business/Consumer

By Jordan Valinsky, CNN New York (CNN) — Amazon is closing its branded brick-and-mortar grocery stores, with the company consolidating its physical strategy under the Whole Foods name. The closures, which affect its Amazon Fresh and Amazon Go locations, were announced Tuesday and amount to about 70 locations across the United States. In a blog

By Bryan Mena, CNN Washington (CNN) — America’s economic mood deteriorated in January to its lowest level in more than a decade as consumers fretted about geopolitical tensions, affordability and President Donald Trump’s unrelenting trade war. The Conference Board’s Consumer Confidence Index for January, released Tuesday, declined 9.7 points to a reading of 84.5, the

By Bryan Mena, CNN Washington (CNN) — President Donald Trump could announce his nominee for the next Federal Reserve chair as soon as this week, and has signaled that his pick must push for significant interest rate cuts. But whoever he chooses will face a new policymaking committee — and one that could be even

By Chris Isidore, CNN (CNN) — Melissa Dickerson never imagined she would end up with a $1,100 monthly car payment, especially for a used car. Then her son wrecked her Acura. Fortunately, he was OK. But when she went shopping for a replacement SUV, Dickerson, a paralegal from Orting, Washington, soon discovered it was going

By Jeanne Sahadi, CNN (CNN) — US Immigration and Customs Enforcement has gone to many workplaces over the past year, both at high-profile companies like Target and Hyundai as well as businesses that don’t grab headlines. Workplace immigration enforcement operations are not new and have occurred under many presidential administrations, according to the American Council

By Allison Cho, CNN (CNN) — Her voice defeated soul-eating monsters during the emotional finale of the blockbuster animated film “KPop Demon Hunters.” But for Korean American singer EJAE, the triumph gave her something beyond fame and fortune. Validation. Years prior, EJAE was an aspiring K-pop star signed to one of the biggest entertainment agencies

By Scottie Andrew, CNN (CNN) — The comedian Megan Stalter, who posts absurd character skits to an audience in the high hundreds of thousands across Instagram and TikTok, tried sharing a different kind of video on Saturday night. Driven by the death of Alex Pretti, the nurse shot by a federal immigration agent or agents

By Marshall Cohen, CNN (CNN) — The Treasury Department cut ties with Booz Allen Hamilton on Monday and announced that it was canceling $21 million in federal contracts with the consulting giant because one of its ex-employees previously leaked President Donald Trump’s tax returns to the press. A statement from Treasury Secretary Scott Bessent referenced

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump announced on Monday he is raising tariffs on goods from South Korea to 25% from 15%. “Because the Korean Legislature hasn’t enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all other Reciprocal TARIFFS,

By Nathaniel Meyersohn, CNN New York (CNN) — Corporate giants in the Twin Cities stayed silent, publicly, for more than a month as massive federal immigration operations upended daily life and the local economy. Top Minnesota CEOs and business leaders had held phone calls about how to respond. Instead of going public, they settled on

By Brian Stelter, CNN (CNN) — Around 6:15 a.m. on Monday, “Fox & Friends” co-host Brian Kilmeade pitched a solution to President Trump’s growing political problem in Minnesota. “What I would do is just bring Tom Homan in,” he said. Kilmeade, a Trump booster who knows the president often watches the morning show, volunteered the

By Lianne Kolirin, CNN London (CNN) — The European Union has launched a wide-reaching investigation into Elon Musk’s Grok chatbot on X following global outrage over its ability to generate sexually explicit images, including of children. The scandal erupted at the end of last year when the AI chatbot churned out a barrage of digitally

By Clare Duffy, CNN Los Angeles (CNN) — For years, social media giants have argued against claims that their platforms harm young people’s mental health. Starting Tuesday, they will for the first time have to defend against those claims before a jury in a court of law. A 19-year-old, identified as KGM, and her mother,

By John Liu, CNN (CNN) — Gold prices surged beyond $5,000 per ounce for the first time late Sunday, as investors rushed to the safe-haven asset as concern spread that US President Donald Trump is upending relations with key allies, from Europe to Canada. In this year’s first 26 days, the price of gold has

By Tami Luhby, CNN (CNN) — Home heating costs are expected to rise 9.2% this winter as electricity and natural gas prices climb and colder-than-average weather grips large swaths of the United States, according to the National Energy Assistance Directors Association. These rising utility bills come as many Americans are already having a tough time

By Jordan Valinsky, CNN New York (CNN) — Move over, protein. Fiber is on pace to be the next “it” nutrient of the year. Consumers — particularly Gen Z — are fixated on stomach health, leading to the “fibermaxxing” trend taking hold on TikTok. As people try to maximize the fiber in their meals, major

By John Towfighi, CNN New York (CNN) — The stock market in President Donald Trump’s first year back in the White House was the weakest of any president’s first year of a new term since 2005, when George W. Bush started his second term. From Trump’s inauguration day to January 20, 2026, the S&P 500

By Auzinea Bacon, CNN (CNN) — President Donald Trump on Saturday threatened to slap 100% tariffs on Canadian imports if America’s second-biggest trading partner makes a trade deal with China. The comments threaten to deepen the divide between Trump and Canadian Prime Minister Mark Carney, after back-and-forth threats to impose tariffs on Canadian goods, including

By Tami Luhby, CNN (CNN) — Millions of Americans got a nasty reminder this month of just how costly health care coverage is. Workers, Obamacare enrollees and Medicare beneficiaries are all contending with steeper-than-usual hikes in their health insurance premiums for 2026 – yet another stressor in the nation’s affordability crisis. Employers’ health benefit costs

By Matt Egan, CNN New York (CNN) — Three Democratic senators are sounding the alarm about lucrative contracts and loans the Pentagon provided to companies linked to Donald Trump Jr. In a letter sent Thursday to Secretary of Defense Pete Hegseth, the lawmakers – Sens. Elizabeth Warren, Andy Kim and Richard Blumenthal – requested information