CNN – Business/Consumer

CNN By Elisabeth Buchwald, CNN New York (CNN) — Businesses worldwide and mainstream economists are fretting about higher prices as President Donald Trump unveils his tariff-heavy economic strategy. But Jamie Dimon, CEO of the world’s largest bank, believes there’s perhaps too much worrying and not enough faith in Trump’s plan. Tariffs are “an economic tool”

By Chris Isidore, CNN New York (CNN) — The wildfires in Southern California this month, and the hurricanes in the Southeast United States late last year, could end up raising homeowners insurance rates in the near future, even for people who live thousands of miles from the natural disasters. Regulators in many states are allowing

CNN, KABC, KCAL, KCBS, ROSA OLVERA, KCAL/KCBS By Chris Isidore, CNN New York (CNN) — The wildfires in Southern California this month, and the hurricanes in the Southeast United States late last year, could end up raising homeowners insurance rates in the near future, even for people who live thousands of miles from the natural

By Lauren Kent and Lauren Said-Moorhouse, CNN London (CNN) — Prince Harry has called for police to launch a fresh investigation into Rupert Murdoch’s British newspaper group after securing a “monumental victory” by settling his case over allegations of unlawful information gathering. The Duke of Sussex’s yearslong legal battle took an unexpected turn Wednesday, just

By Nathaniel Meyersohn, CNN New York (CNN) — Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores. Customers, accustomed to taking whatever they want off a shelf, don’t like to push a button on the display case and impatiently wait for an employee to come open

By Chris Isidore, CNN New York (CNN) — President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not clear he has the power he’s claimed on the topic. In his executive order, Trump said he was eliminating the “electric vehicle mandate.” But there

By Samantha Delouya, CNN (CNN) — After officially taking office earlier this week, President Donald Trump ordered “emergency price relief” for Americans on housing costs and other living expenses. “Many Americans are unable to purchase homes due to historically high prices, in part due to regulatory requirements that alone account for 25 percent of the

CNN By Clare Duffy, CNN New York (CNN) — Three top tech firms on Tuesday announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States. OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle Chairman Larry Ellison appeared at the White House Tuesday afternoon alongside

By David Goldman, CNN (CNN) — President Donald Trump on Tuesday warned that even more tariffs could be coming as soon as next week: This time China was his target, as Trump threatened to unleash a wave of higher taxes on imports from America’s second-biggest trading partner. In an Oval Office press conference that echoed

By Maria Sole Campinoti and Clare Duffy, CNN YouTube and TikTok star MrBeast is looking to buy TikTok as part of a group of investors, as a 75-day time limit ticks down for the social media company to find a non-Chinese owner or risk being permanently banned. “Okay fine, I’ll buy Tik Tok so it

By Liam Reilly, CNN New York (CNN) — Netflix announced Tuesday it will raise prices on most of its subscription tiers in the US and Canada after the streaming giant reported 19 million new subscribers in the last quarter of 2024. The jump in subscribers, Netflix’s biggest-ever, puts the streaming giant at 302 million globally,

By Clare Duffy, CNN New York (CNN) — Three top tech firms on Tuesday announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States. OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle Chairman Larry Ellison appeared at the White House Tuesday afternoon alongside President

By Maria Sole Campinoti, CNN (CNN) — JetBlue now accepts Venmo payments for flights, in what it called a first for airlines on Tuesday. Venmo payment options are available on the airline’s website and will roll out on their mobile app “in the coming months,” the carrier announced. Venmo payment options are the latest announcement

By Elisabeth Buchwald, CNN New York (CNN) — President Donald Trump said Monday he still intends to move forward with an across-the-board tariff of 25% on Mexican and Canadian goods, though he said those levies would come on February 1 rather than his previous day-one threat, Trump said in an Oval Office signing ceremony. The

By John Towfighi, CNN New York (CNN) — US stocks closed higher Tuesday after the first full day of Donald Trump’s second presidency, as traders absorbed a blizzard of executive orders that so far point to less aggressive action on trade. The Dow soared by around 1.2%, or 538 points. The S&P 500 gained 0.9%

By Liam Reilly, CNN New York (CNN) — “Kevin and I have come into your homes for decades — nearly 37 years for me,” Patrece Dayton, a news anchor in Terre Haute, Indiana, told viewers on Friday in front of a box of tissues. “And more than 40 for me,” added Kevin Orpurt, the TV

By Maria Sole Campinoti, CNN (CNN) — The extraordinary developments for one of America’s most popular social media apps over this weekend will be one for the history books. The banning — and unbanning — of TikTok involved actions from a former president, a sitting president and a future president and gripped 170 million Americans

By Tami Luhby, CNN (CNN) — Terry Hodge would have a tough time caring for the 150 or so elderly women at Bethany Health Care Center without the dozens of immigrant nursing assistants, housekeepers, dietary aides and other staffers at the Framingham, Massachusetts, facility. More than 40% of her employees were born abroad, hailing from

By Kayla Tausche, Kevin Liptak, David Goldman and Elisabeth Buchwald, CNN (CNN) — President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers. Trump

By Jordan Valinsky, CNN New York (CNN) — Champagne sales have lost their pop as people around the world aren’t in the mood to say “cheers.” The total number of Champagne shipments from France sank nearly 10% last year to 271 million bottles, marking the second consecutive year of declines as inflation-weary consumers cut back