CNN – Business/Consumer

By Alexis Benveniste, CNN Business Veteran journalist and author Carl Bernstein called former President Donald Trump a “war criminal” on “Reliable Sources” Sunday. “I think we need to calmly step back and maybe look at Trump in a different context,” Bernstein told CNN’s chief media correspondent Brian Stelter, adding that Trump is “our own American

By Chris Isidore, CNN Business Tesla is the most secretive automaker on the planet, so investors are always eager to pore through its quarterly report and conference call, when they finally can get more than tweet-sized morsels of information. The last two quarterly results have disappointed them. Shares have fallen nearly 30% from their record

By Anneken Tappe, CNN Business The Federal Reserve was already keeping a close eye on rising prices. Now it has to contend with the Delta coronavirus variant. The highly contagious Delta variant of Covid-19 is racing across the globe, causing a shortage of workers in the United Kingdom and heaping stress on the battered global

By Sara O’Brien, CNN Business After a nearly three-week strike, hundreds of Frito-Lay employees in Topeka, Kansas have ratified a revised contract Saturday addressing what union leaders had previously described as a diminished quality of life stemming from work conditions, including long hours, forced overtime, and stagnating wages. The contract will provide workers with a

By Alaa Elassar, CNN Nothing gets cheddar than this… The Kraft Heinz Company has partnered with Brooklyn-based Van Leeuwen Ice Cream to introduce a limited-edition macaroni and cheese flavor of ice cream. “We know that there is nothing more refreshing on a hot summer day than ice cream. That is why we wanted to combine

By Chris Isidore, CNN Business GM is once again recalling nearly 70,000 Chevrolet Bolt electric vehicles because of a risk that the battery will catch fire when the car is parked. The company does not have a fix for the problem that has been tied to at least nine fires nationwide since early 2020. The

By Oliver Darcy, CNN Business One evening earlier this month, a White rage-filled man sat behind a desk, looked into a camera, and began to rant about how something must be done to “save” the United States before “we become Rwanda,” a not-so-subtle reference to the horrific genocide that occurred in the African country decades

By Paul R. La Monica, CNN Business A blank-check firm backed by Tom Barrack, the billionaire investor who was chairman of Donald Trump’s inaugural committee in 2017 and is a close friend of the former president, has withdrawn plans to take the company public after Barrack was charged with illegal foreign lobbying earlier this week.

By Danielle Wiener-Bronner, CNN Business Going out to eat might feel a little different these days. Maybe you’re waiting longer for a table, even though the restaurant doesn’t appear full. Or maybe your service is slower, and your server seems anxious. That’s because restaurants across the United States are understaffed, and jobs that were already

By Paul R. La Monica, CNN Business American Express is the top stock in the Dow so far this year, and AmEx’s earnings on Friday morning show why investors are never leaving home without it. The credit card giant reported a quarterly profit of $2.3 billion, easily topping Wall Street’s forecasts. Revenue for American Express

By Anneken Tappe, CNN Business It’s been a turbulent week on Wall Street, starting with a massive selloff over worries about the Delta variant. But by Friday, stocks were back up and each index closed at at record highs. The Dow closed 0.7%, or 238 points, higher, finishing above 35,000 for the first time ever.

By Nathaniel Meyersohn, CNN Business Less cereal in the box. Smaller snack sizes. Ice cream gone missing in a container. You’re not losing your mind. You are actually paying the same price or more these days for everyday items in your fridge and pantry but running through them more quickly because their sizes have shrunk.

By Frank Pallotta, CNN Business The Summer Olympics — one of the most-watched events worldwide — officially kicks off in Tokyo this weekend. After being delayed a year because of the pandemic, NBC hopes pent-up demand will drive sports fans to their TVs, laptops and phones to tune in. But traditional TV viewership of this