Money

By John Liu, CNN Hong Kong (CNN) — Chinese leader Xi Jinping hosted Alibaba co-founder Jack Ma and the country’s top tech executives in Beijing on Monday, in a meeting that signals officials could be steering the country in a more business-friendly direction after a yearslong regulatory crackdown. Besides Ma, the other tycoons in attendance

By Auzinea Bacon, CNN (CNN) — “Captain America: Brave New World” was No. 1 at the weekend box office and is projected to finish as one of the highest-grossing Presidents’ Day weekend openers. According to Comscore estimates, the fourth “Captain America” film grossed about $88.5 million in domestic sales Friday through Sunday. It’s expected to

By Jordan Valinsky, CNN New York (CNN) — Stroll down the dairy aisle of your local grocer, and you’ll likely find a growing array of coffee creamers with so many flavors that it practically rivals sweets and sodas. Once, hazelnut and French vanilla were the only creamer options. Those quaint days are long gone, with

By Ramishah Maruf, CNN New York (CNN) — When James Quincey became CEO of Coca-Cola in 2017, soda had broadly been in decline over its health effects. The beverage giant was embarking on an effort to diversify its reach beyond the sugary drink. A key move? Ditching the carbonation and sticking to the basics: cow

By Ramishah Maruf and Auzinea Bacon, CNN (CNN) — Amazon workers at a warehouse near Raleigh, North Carolina, overwhelmingly rejected the chance to form a union in another setback for the labor movement’s efforts to organize against the online retailing giant. The vote results announced on Saturday by the Carolina Amazonians United for Solidarity and

By Chris Isidore, CNN New York (CNN) — The National Labor Relations Board, the independent agency that is supposed to enforce labor laws for most American workers, has been essentially shut down after President Donald Trump fired one of its board members, leaving it without the quorum it needs to function. The NLRB oversees elections

By Nectar Gan, CNN Hong Kong (CNN) — An unruly Chinese boy who battles dragons and defies destiny has made his way to Western cinema screens after smashing box office records in China. “Ne Zha 2,” an animated blockbuster loosely based on Chinese mythology, is now the world’s highest-grossing movie of all time in a

By Clare Duffy, CNN New York (CNN) — OpenAI’s board of directors has formally rejected a $97.4 billion bid by Elon Musk and other investors to purchase the company. “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,” OpenAI Board Chair Bret Taylor said in

By Brian Stelter, CNN (CNN) — The Trump White House said Friday that The Associated Press is banned from the Oval Office and Air Force One indefinitely. The AP, one of the world’s biggest news outlets, was singled out by the White House earlier this week over three words: “Gulf of Mexico.” President Donald Trump

By Liam Reilly, CNN (CNN) — Federal prosecutors have ended their criminal investigation into whether former World Wrestling Entertainment CEO and chairman Vince McMahon tried to cover up allegations of sexual misconduct with multiple former employees, his lawyer said Tuesday. “We have been in consistent communication with the government … and understand, with no ambiguity,

By Bryan Mena, CNN Washington (CNN) — American shoppers pulled back on their spending last month for the first time since August as stubborn inflation continued to bite and harsh weather curbed economic activity. Retail sales plunged 0.9% in January from the prior month, the Commerce Department said Friday. That’s down sharply from December’s upwardly

By Vanessa Yurkevich, CNN New York (CNN) — Half a billion straws are used in the United States every day, according to a popular — but perhaps not the most scientific — estimate. The biggest buyer: the federal government, which buys more straws than any other group in the US. Straws are used in national

By Lisa Eadicicco, CNN (CNN) — DeepSeek turned the tech world on its head last month – and for good reason, according to artificial intelligence experts, who say we’re likely only seeing the beginning of the Chinese tech startup’s influence on the AI field. DeepSeek grabbed headlines in late January with its R1 AI model,

By Samantha Delouya, CNN (CNN) — Most people who live alone know they’re paying a premium compared to their friends who split rent with partners or roommates. But in no city is this “singles tax” more expensive than in New York City. In the city that never sleeps, singles pay an average of $20,100 more

By John Liu, CNN Hong Kong (CNN) — Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models. Ernie Bot, the Beijing-based company’s AI chatbot with premium features like AI painting, will be available to both mobile

CNN By Elisabeth Buchwald and David Goldman, CNN (CNN) — President Donald Trump doubled down on his extraordinary push for more balanced trade, ordering on Thursday that agencies should investigate plans for new reciprocal tariffs that could boost America’s revenue — but could also ignite a global trade war and add to America’s rebounding inflation

By Ramishah Maruf and Clare Duffy, CNN New York (CNN) — Google Play said it restored TikTok to the US app store on Thursday, following promises by President Donald Trump to save the app and an executive action delaying the enactment of a ban on the wildly popular social media platform. Bloomberg and CNBC also

By Alicia Wallace, CNN (CNN) — Americans are having a harder time managing rising debt burdens and in some cases haven’t been this overextended since the aftermath of the Great Recession. The Federal Reserve Bank of New York on Thursday released its latest comprehensive look at credit conditions for American households in major categories such

By Alicia Wallace, CNN (CNN) — US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers. The Producer Price Index, a measurement of average price changes seen by producers and manufacturers, rose 0.4% on a monthly basis and 3.5% for the 12 months ended in