Money

By Chris Isidore and Peter Valdes-Dapena, CNN New York (CNN) — Tesla has been ordered to recall nearly 4,000 of its Cybertrucks due to an accelerator pedal that can stick in place when pressed down. The cause, according to the regulator: soap. “An unapproved change introduced lubricant (soap) to aid in the component assembly of

By Chris Isidore, CNN New York (CNN) — Renee Berry has been working at the Volkswagen plant in Chattanooga, Tennessee since 2010, shortly after it opened, long enough to see the majority of her co-workers twice vote against joining the United Auto Workers union. She thinks the third vote taking place this week will be

By Juliana Liu, CNN Hong Kong (CNN) — Apple has removed WhatAapp and Threads from its app store in China, following an order from the country’s internet watchdog which cited national security concerns. “We are obligated to follow the laws in the countries where we operate, even when we disagree,” an Apple spokesperson told CNN

By Laura He and Olesya Dmitracova, CNN Hong Kong/London (CNN) — Oil prices jumped overnight after explosions were reported near the Iranian city of Isfahan, but those gains dissipated Friday as officials sought to play down the latest escalation in Middle East tensions. Brent crude, the global oil benchmark, was down 0.4% at $86.8 per barrel,

By Ramishah Maruf, CNN New York (CNN) — Hyundai said on Thursday it paused advertising on X, formerly known as Twitter, a day after an ad from the automaker reportedly appeared adjacent to an antisemitic and pro-Hitler post on the social media site. On Wednesday, user Nancy Levine Stearns posted screenshots of a paid Hyundai

By Brian Fung, CNN (CNN) — TikTok is again facing an imminent threat from Congress. On Wednesday, House Republicans added a hot-button bill that could lead to a nationwide TikTok ban to a wide-ranging foreign aid package intended to help Israel and Ukraine. House Speaker Mike Johnson aims to hold a vote on the aid

By Ramishah Maruf, CNN New York (CNN) — A federal agency accused a popular gas station chain of discriminating against Black, Native American and multiracial applicants in its hiring practices. The Sheetz criminal screening process disproportionately screened out applicants from those legally protected groups, the lawsuit announced by the US Equal Employment Opportunity Commission on

By Bryan Mena, CNN Washington (CNN) — Taylor Swift is continuing her lucrative legacy with the release of her 11th studio album, “The Tortured Poets Department.” Swift commands a fiercely dedicated fan base — one that helps her break streaming records, crashes websites, and sells out major stadiums across the world. Her latest album –

By Parija Kavilanz, CNN New York (CNN) — Online furniture and home furnishings seller Wayfair is set to open its first-ever namesake store next month, the company announced Thursday. The large-format store, clocking in at 150,000 square feet and located in Edens Plaza in Wilmette, Illinois, will open to shoppers on May 23. It will also

By Michael Nam, CNN New York (CNN) — A male columnist has apologized for a cringeworthy moment during former University of Iowa superstar and college basketball’s highest scorer Caitlin Clark’s first news conference as an Indiana Fever player. The Wednesday exchange went viral on social media, and critics said it underscored the difficulties many female

By Chris Isidore, CNN New York (CNN) — Here’s one advertiser that social media platform X doesn’t have to worry about losing because it’s turned off by Elon Musk’s comments: Tesla. The car company that famously shuns spending money on advertising spent $200,000 advertising on X through February of this year, it disclosed in an

By Hadas Gold, CNN (CNN) — The judge in former President Donald Trump’s historic criminal trial in Manhattan scolded the press on Thursday for reporting information that could potentially identify jurors assembled for the high-profile case. New York Supreme Court Judge Juan Merchan, who is overseeing the trial, told news outlets to watch how they report on the jurors

By Bryan Mena, CNN Washington (CNN) — Mortgage rates soared this week, breaching the key 7% threshold and extending America’s housing affordability crisis. The 30-year fixed-rate mortgage averaged 7.10% in the week ending April 18, up from 6.88% the previous week, according to Freddie Mac data released Thursday. A year ago, the average 30-year fixed-rate

By Anna Cooban, CNN London (CNN) — Apple is planning to buy more components from Vietnam, underscoring a trend among global tech firms to look beyond China to secure their supply chains, cut costs and open up new markets. CEO Tim Cook made the pledge in a meeting with Vietnamese Prime Minister Pham Minh Chinh

By Jordan Valinsky, CNN New York (CNN) — The next time you order an iced coffee from Starbucks, it might not look that different — but there’s been a major change. The chain announced Thursday that the plastic cups for all sizes of its cold drinks have undergone an environmentally friendly redesign that uses up

By Bryan Mena, CNN Washington (CNN) — Sales of previously owned homes in the United States fell in March as home prices climbed and mortgage rates held steady that month, reflecting the persistent pain of America’s affordability woes and undermining the crucial spring homebuying season. Existing home sales, which make up the majority of the

By Hanna Ziady, CNN London (CNN) — Thousands of Taylor Swift’s UK fans have been duped into buying fake tickets for her upcoming Eras Tour concerts, according to a major British bank. More than 600 customers have reported being scammed so far, losing on average £332 ($414) each, and in some cases more than £1,000

By Oliver Darcy, CNN New York (CNN) — Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. It’s a woman’s world. The most defining musicians of the era are Taylor Swift and Beyoncé. The highest-grossing film in recent memory is Greta Gerwig’s “Barbie.” And the

By Samantha Delouya, CNN (CNN) — Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but it’s paid off. Netflix, the dominant player in streaming, added more than 9 million subscribers in the first three months of the year, hitting a record high of 269.6 million subscribers. “It added