Money

By Jordan Valinsky, CNN New York (CNN) — Whiskey, steaks and ties are all typical gifts for Father’s Day, but one specifically made for the holiday takes the cake: Fudgie the Whale. Carvel’s vanilla and chocolate-flavored ice cream cake has been a holiday staple since 1977, when it it was first created as a Father’s

By Alicia Wallace, CNN (CNN) — “Good news is bad news” has been a common refrain for a while now. When economic reports are released that are solid, they have all too often been clouded with concerns that good news for the economy actually means a longer wait before the Federal Reserve rolls out rate

By Meena Duerson and Tami Luhby, CNN (CNN) — For the past eight years in the small city of Waupaca, Wisconsin, Susan Elandt has been a fixture for dozens of families — taking care of their children, some as early as 4:45 a.m., so they can get to work. “Most of our parents, when they

By Danielle Wiener-Bronner, CNN New York (CNN) — A few months ago, Thaddeus Yan heard that Trader Joe’s was preparing to sell a fairly mundane new item: A miniature insulated cooler bag. Right away, he was on the lookout. When he went to London on a trip, he even deputized his mom to keep an

KTRK, NEWS-12-CONNECTICUT-INC, CNN By Jon Passantino, Nicki Brown, Oliver Darcy and Hadas Gold, CNN (CNN) — A Texas bankruptcy judge has rejected a proposed liquidation of conspiracy theorist Alex Jones’ company Free Speech Systems, the parent company of Infowars, saying that a denial of the bankruptcy plan was, in his opinion, in the best interest of the creditors. But the judge

By Jon Passantino, Nicki Brown, Oliver Darcy and Hadas Gold, CNN (CNN) — A Texas bankruptcy judge has rejected a proposed liquidation of conspiracy theorist Alex Jones’ company Free Speech Systems, the parent company of Infowars, saying that a denial of the bankruptcy plan was, in his opinion, in the best interest of the creditors. But the judge approved a separate

By Olesya Dmitracova, CNN London (CNN) — Investors are worried France could be facing a financial crisis if the political center collapses in upcoming parliamentary elections, leaving far-right populists in charge of the European Union’s second-biggest economy. President Emmanuel Macron called the snap elections Sunday after his party lost to the far right in a vote

By Gregory Wallace, CNN (CNN) — Federal authorities and Boeing are trying to figure out why a 737 Max 8 experienced a rare, unsafe back-and-forth roll during flight. The oscillating motion is known as a Dutch roll, and one characteristic described by the Federal Aviation Administration is the nose of an aircraft making a figure-eight.

By Chris Isidore, CNN New York (CNN) — Titanium that was distributed with fake documentation has been found in commercial Boeing and Airbus jets. Now the Federal Aviation Administration, the aircraft manufacturers and supplier Spirit AeroSystems are investigating whether those components pose a safety hazard to the public. The probe, first reported by the New

By Matt Egan and Alayna Treene, CNN New York (CNN) — Former President Donald Trump told some of America’s most powerful business leaders this week that he plans to once against slash corporate taxes, four people familiar with the matter told CNN. During his meeting on Thursday with CEOs in Washington, Trump told the executives

By Peter Valdes-Dapena, CNN (CNN) — Chrome’s century-long reign as that added bit of flash and glamour on new cars may be coming to an end. For least one major auto maker, environmental and serious health concerns are outweighing its aesthetic appeal. Chrome has long provided an eye-catching sparkle, creating an upscale look while also

By Edward Szekeres, Fred Hu and Robert Shackelford, CNN Hong Kong (CNN) — China is grappling with extreme weather as severe drought and record temperatures scorch the north while heavy rains inundate the south, raising concerns about food security in the world’s second-largest economy. Areas of the country that produce a lot of rice and

By Samantha Murphy Kelly, CNN (CNN) — When OpenAI CEO Sam Altman attended Apple’s annual developer conference this week, he walked the campus, mingling with current and former executives, including Apple co-founder Steve Wozniak. Nearly an hour later, the iPhone maker announced a much-rumored partnership with OpenAI to bring its ChatGPT technology to devices later

By Matt Egan, CNN New York (CNN) — Exactly two years ago Friday, gasoline prices peaked at a record of $5.02 a gallon nationally. The gas spike of 2022 crushed consumer confidence, spooked investors and put a hole in family budgets. It helped propel the national inflation rate to 9% for the first time since

By Hilary Whiteman, CNN (CNN) — Anyone with half an eye on the housing market over the last two decades will know that in many countries, not least the United States, it’s become much more difficult to buy a home. But a new report sums up the feeling of many potential home buyers by creating

By Krystal Hur, CNN New York (CNN) — Apple edged past Microsoft on Thursday to become the most valuable public company in the United States, as announcements made at its annual Worldwide Developers Conference including generative AI features for iPhones sent the stock climbing. Apple’s market cap closed at roughly $3.29 trillion on Thursday, above

By Ramishah Maruf, CNN New York (CNN) — Two female employees at Apple sued the company on Thursday, alleging the company paid women less than men for the same work. The women are proposing a class action, seeking to represent more than 12,000 current and former female employees in the engineering, marketing and AppleCare divisions.

By Danielle Wiener-Bronner, CNN New York (CNN) — Tyson Foods suspended its CFO John R. Tyson after he was arrested Thursday on charges of DWI and careless driving. Tyson, the great grandson of the founder of the meat processing company, was previously arrested in 2022 on charges of public intoxication and criminal trespass. The 34-year-old

By Peter Valdes-Dapena, CNN (CNN) — Waymo issued a recall for its 672 driverless cars to make them less likely to drive into telephone poles. The recall follows a May 21 accident in Phoenix, Arizona, in which a Waymo driverless car hit a telephone pole that was installed in the roadway in an alley. The