Money

By Matt Egan, CNN (CNN) — Former President Donald Trump has promised to attack the United States affordability crisis by imposing immense tariffs, carrying out unprecedented deportations and even influencing interest rate decisions. However, a new analysis finds that the Republican presidential nominee’s plans for tariffs, deportations and the Federal Reserve would not only fail

By Marshall Cohen, CNN Washington (CNN) — Jury selection is set to begin Thursday in a closely watched defamation trial pitting voting technology company Smartmatic against the right-wing cable network Newsmax, in a high-stakes case over the airing of false 2020 election claims. Barring a last-minute settlement, which is common in cases like these, both sides are

By Clare Duffy, CNN New York (CNN) — OpenAI’s executive exodus is continuing with three top leaders announcing their exits Wednesday, including Chief Technology Officer Mira Murati. Murati — who has been instrumental in the development of ChatGPT and the artificial intelligence image generator Dall-E — said Wednesday afternoon in a post on X that

By Clare Duffy, CNN New York (CNN) — Facebook and Instagram users will now be able to talk to voices that sound a lot like John Cena and Judi Dench. They won’t be the real actors, though, but an artificial intelligence chatbot. Parent company Meta (META) announced Wednesday that it is adding voice conversations and

By Hadas Gold, CNN New York (CNN) — Interested in owning Alex Jones’ conspiracy theory empire, Infowars? Its parent company, Free Speech Systems, is now officially up for sale following the approval of a Texas bankruptcy judge on Tuesday. Everything from the Infowars.com domain, to its social media accounts, subscriber list, and even production equipment and studio set will be auctioned off piece by

By Jeanne Sahadi, CNN (CNN) — If your employer lets you work remotely one or more days a week, and you highly value that kind of flexibility, you probably didn’t love hearing last week that Amazon will soon require its corporate employees to return to the office five days a week. Or that Dell in

By Anna Cooban, CNN London (CNN) — A “misleading” online advertisement for $35 Nike sneakers has been banned in Britain for failing to make clear that the product was actually targeted at children and therefore the offer didn’t represent a true discount for adults. The ad featured a pair of sneakers next to the caption: “Now

By Krystal Hur, CNN New York (CNN) — The 2024 monster gold rally is picking up steam. The most actively traded gold futures contract has hit repeated highs this year, most recently notching a fresh record of $2,687.30 on Tuesday before retreating. That comes after the Federal Reserve slashed US interest rates by a supersized

By Matt Egan, CNN New York (CNN) — Supermarket prices are no longer skyrocketing – except, of course, if you’re buying eggs. Egg prices spiked by 28.1% in August from 12 months ago, easily the biggest increase out of any food item tracked by the Bureau of Labor Statistics. The sticker shock in the egg

By Pete Muntean, CNN Washington (CNN) — Boeing factory workers felt pressured to prioritize production speed over quality and said they did not receive enough training to properly perform their jobs, according to the results of a special investigation by the Federal Aviation Administration (FAA) published Wednesday. The never-before-disclosed results of a six-week-long FAA special

By Juliana Liu, CNN Hong Kong (CNN) — Beijing says it’s investigating fashion retailer PVH Corp, the owner of Calvin Klein and Tommy Hilfiger, for refusing to source cotton from the Xinjiang region, in a move that could lead to sanctions on an American company with major business interests in China. Tuesday’s announcement from the Commerce

By Jon Passantino and Liam Reilly, CNN (CNN) — The FBI on Monday reported that violent crime dropped across the US last year, registering the steepest annual decline in murders in decades. But the report was almost entirely ignored by right-wing media outlets, which have pushed a false narrative that crime is surging under President

By Hannah Rabinowitz, CNN New York (CNN) — The US Justice Department filed a lawsuit Tuesday accusing Visa of illegally monopolizing the debit card market. For more than a decade, the department alleges, Visa has abused its dominant positionin the debit card market to force businesses to use Visa’s network instead of competitors’, and to stop new alternatives from entering the market. “We allege that

By Bryan Mena, CNN Washington (CNN) — America’s slowing job market is taking a toll on people’s moods. The Conference Board’s latest consumer survey showed that Americans became much more pessimistic about the US economy’s current health and the future of the job market. The monthly survey’s Consumer Confidence Index fell to a reading of

By Chris Isidore and Pete Muntean, CNN New York (CNN) — Boeing still has to make “significant changes” to improve the quality and safety of its airplanes, according to the head of the Federal Aviation Administration. In a congressional hearing on the FAA’s oversight of Boeing set for Tuesday morning, agency Administrator Michael Whitaker told

By Olesya Dmitracova, CNN London (CNN) — TikTok has removed accounts associated with two Russian media groups for trying to exercise what it called “covert influence” on the upcoming US presidential election, in violation of its guidelines. The accounts are linked to Rossiya Segodnya and TV-Novosti, the organizations behind the Sputnik news agency and the

By Jordan Valinsky, CNN New York (CNN) — Coca-Cola is discontinuing the production of its new Spiced flavor just six months after the soda hit shelves, marking the end of a disappointing attempt to attract younger drinkers. The company said in a statement that Coca-Cola is “always looking at what our customers like and adjusting”

By Elisabeth Buchwald, CNN New York (CNN) — It’s easy to see why many Americans would welcome former President Donald Trump’s proposal to cap credit card interest rates at less than half their current level — even if only temporarily. At $1.14 trillion, Americans’ credit card debt is at a record high, according to data