Money

By Ramishah Maruf, CNN New York (CNN) — Customer visits to Cracker Barrel fell after intense backlash to its proposed logo change and renovations, the company said in its earnings call Wednesday, and it expects a continued decline in the coming months. Traffic has fallen 8% since the chain initially changed its logo on August

By Brian Stelter, Elizabeth Wagmeister, Liam Reilly, CNN (CNN) — Disney’s ABC is taking Jimmy Kimmel’s late night talk show off the air indefinitely amid a controversy over his recent comments about Charlie Kirk’s suspected killer. “Jimmy Kimmel Live will be pre-empted indefinitely,” an ABC spokesperson said, declining to share any further details. A representative

CNN By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market. However, the economy’s path forward looks murky, according to the central bank’s leader. The Fed cut its benchmark lending rate by a quarter point to a new

By Jordan Valinsky, Vanessa Yurkevich, CNN New York (CNN) — Hours after Ben & Jerry’s co-founder Jerry Greenfield resigned from the ice cream company he founded nearly five decades ago, his former business partner, Ben Cohen, revealed to CNN why Jerry felt he had to leave. “Jerry has a really big heart, and this conflict

By Hadas Gold, CNN (CNN) — Elon Musk is back to business – and back to sending emails asking employees what they’ve accomplished. On Tuesday afternoon, Musk sent an email asking all xAI employees to “send a one page summary of what you’ve accomplished in the past four weeks and what you intend to accomplish

By Brian Stelter, Liam Reilly, CNN (CNN) — President Trump’s defamation lawsuit against The New York Times is meritless, according to half a dozen lawyers and First Amendment scholars who spoke with CNN. But Trump’s chances in court are almost beside the point, some of the experts said, because the president seems to want a

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market. However, the economy’s path forward looks murky, according to the central bank’s leader. The Fed cut its benchmark lending rate by a quarter point to a new range

By John Liu, CNN (CNN) — Ben & Jerry’s co-founder Jerry Greenfield has quit the ice cream brand he started in 1978 amid a dispute with its British owner Unilever, according to a post by the company’s other co-founder, Ben Cohen. Cohen shared a statement from Greenfield that said quitting was “one of the hardest

By John Liu, CNN (CNN) — Two flying cars crashed into each other during a rehearsal for an airshow in northeastern China on Tuesday, injuring one of their pilots and forcing one of the vehicles to the ground, where it caught fire. Videos circulating online and featured in Chineses state-run media showed plumes of smoke

By Hadas Gold, CNN (CNN) — The families of three minors are suing Character Technologies, Inc., the developer of Character.AI, alleging that their children died by or attempted suicide and were otherwise harmed after interacting with the company’s chatbots. The families, represented by the Social Media Victims Law Center, are also suing Google. Two of

By Elisabeth Buchwald, CNN Annandale-on-Hudson, New York (CNN) — When the July jobs report was first released on August 1, it didn’t feel any different for Erika McEntarfer, former commissioner at the Bureau of Labor Statistics, compared to when other employment reports came out. But that quickly changed after she learned that President Donald Trump

By Gordon Ebanks, CNN (CNN) — Costco is issuing a recall for its Kirkland Signature Prosecco Valdobbiadene, saying that unopened bottles of the wine could “shatter” without being touched. In a letter posted on its website, the company warned customers in 12 states across the Midwest and South to immediately dispose of the bottles “by

By Alayna Treene, David Goldman, CNN (CNN) — A proposal to save TikTok from going dark in the United States would involve investments from a number of US-based venture capital firms, private equity funds and tech companies. Together, the investors would create a new US-based company that will operate the app domestically, sources familiar with

By David Goldman, CNN (CNN) — Dave & Buster’s new CEO is not holding back. Tarun Lal, who took the reins in July, said on his first earnings call with Wall Street analysts Monday night that his company is in more trouble than previously believed. Profit growth continued to shrink, sales have flatlined, and the

By Bryan Mena, CNN Washington (CNN) — Federal Reserve officials are convening Tuesday and Wednesday for a pivotal meeting under unprecedented circumstances. On Wednesday at the conclusion of their two-day policy meeting, central bankers are expected to announce their first interest rate cut since December to support America’s slowing labor market, with the hopes that

By Bryan Mena, CNN Washington (CNN) — Americans still opened their wallets last month, despite persistent fears about the economy, a slowing labor market and higher tariffs. Spending at US retailers rose 0.6% in August, the Commerce Department said Tuesday, unchanged from July’s upwardly revised 0.6%. Last month’s figure came in much better than economists’

By Matt Egan, CNN New York (CNN) — Credit scores are falling at the fastest pace since the Great Recession as Americans struggle to keep up with the high cost of living and the return of student debt payments. The national average FICO score dropped by two points this year, the most since 2009, according

By Chris Isidore, CNN (CNN) — For nearly 60 years, Publishers Clearing House had been known for changing individuals’ lives, fulfilling their dreams with prize money it promised would keep coming for as long as they lived. But now the company is in bankruptcy, and winners’ dreams have turned into nightmares. ARB Interactive, a mobile

By Clare Duffy, CNN New York (CNN) — In the late 1970s, a startup founded by Larry Ellison and two fellow computer programmers got a big break in the form of a CIA contract to build a database program code-named Oracle, which later became the name of the company. Now, nearly 50 years after its