CNN – Business/Consumer

By Samantha Murphy Kelly, CNN (CNN) — Apple’s smartphone sales tumbled a stunning 10% last quarter, according to market research firm IDC. The main cause: iPhone sales in China fell sharply. The company has lost momentum in China as nationalism, a rough economy and increased competition have hurt Apple over the past several months. “It’s

By Chris Isidore, CNN New York (CNN) — Tesla is reportedly cutting more than 10% of its global staff of 140,000. The cuts for the company, which had nearly doubled its overall headcount since the end of 2020, is just the latest example of the effects of more competition and softer demand in the electric

By Krystal Hur and David Goldman, CNN New York (CNN) — Trump Media & Technology Group’s stock is tumbling again after the company announced a potentially massive new influx of shares. The struggling company is rapidly losing money, and a new stock offering could help it stay afloat. But there’s a downside to going back

By Jordan Valinsky, CNN New York (CNN) — Monday is the last day for some Verizon customers to apply for a refund as part of a $100 million settlement from a class-action lawsuit. Earlier this year, the wireless carrier sent an email or postcard to eligible customers alerting them to file a claim by April 15 to

By Bryan Mena, CNN Washington (CNN) — Spending at US retailers rose in March for the second consecutive month, underscoring the strength of the US consumer fueled by a robust job market. Retail sales rose 0.7% in March from the prior month, a slower pace than February’s upwardly revised 0.9% gain, the Commerce Department reported

By Jeanne Sahadi, CNN New York (CNN) — It’s Tax Day in the United States for most Americans, and there are still plenty of people racing to file their 2023 income tax returns up until the clock strikes midnight. “With the April deadline upon us, we’re seeing a flurry of tax returns coming in during

CNN, TREASURY DEPT, WELLS POLICE, SHYLER LEWIS By Jeanne Sahadi, CNN New York (CNN) — It’s Tax Day in the United States for most Americans, and there are still plenty of people racing to file their 2023 income tax returns up until the clock strikes midnight. “With the April deadline upon us, we’re seeing a

By Clare Duffy, CNN New York (CNN) — Imagine hopping on a school bus and being transported to an immersive, educational tour of the inside of the human body — and no, not on a fictional episode of “The Magic School Bus.” This is the kind of experience that Meta hopes to enable for students,

By Laura He and Anna Cooban, CNN Hong Kong/London (CNN) — US stocks were rocked by hot economic data and worries about an escalation of tensions in the Middle East, with the Dow swinging through 600 points Monday. The Dow fell 248 points, or 0.7%, giving up earlier gains. The S&P 500 fell 1.2% and

By Nicole Goodkind, CNN New York (CNN) — Hope Murray retired in 2013 after a 50-year career that ranged from game show producer to Hollywood party planner to casino executive. She settled into a life of golf, game nights and pickleball in her San Diego community, her daughter living nearby. Then things got more expensive.

By Eva Rothenberg, CNN New York (CNN) — Anyone who menstruates will tell you: a period often doesn’t look or feel like the rapturous dancing portrayed in a typical tampon ad. Taking aim at the sanitized and euphemistic nature of mass advertising aimed at women, personal care brand Frida launched an adult-only online platform Wednesday

By Hadas Gold, CNN (CNN) — A dozen of the nation’s biggest news organizations posted an open letter Sunday, urging President Joe Biden and former President Donald Trump to participate in televised debates ahead of the 2024 election. The letter was signed by a consortium of broadcast, cable and print outlets, including ABC News, The

By Rachel Ramirez, CNN Philadelphia (CNN) — Bilal Motley, utilities manager at a former Philadelphia oil refinery, was working the graveyard shift when a massive explosion broke out in the early morning hours of June 21, 2019. He had only about an hour left of his shift, when frantic reports of a fire at the

By Eva Rothenberg, CNN New York (CNN) — Google is removing links to California news websites in reaction to proposed state legislation requiring big tech companies to pay news outlets for their content, the company announced Friday in a blog post. Google, which is a subsidiary of Alphabet (GOOGL), wrote the move would affect only

By Samantha Murphy Kelly, CNN (CNN) — Editor’s Note: If you are in the US and you or a loved one have contemplated suicide, call the National Suicide and Crisis Lifeline at 988 or 1-800-273-TALK (8255) to connect with a trained counselor. Outside the US, a worldwide directory of resources and international hotlines is provided

By Catherine Thorbecke, CNN (CNN) — Michael Tubbs was born and raised in Stockton, California, roughly a one-hour drive from Silicon Valley, the birthplace of the AI revolution that’s now forecast to forever change the way Americans live and work. But despite coming of age in Big Tech’s backyard, the America that Tubbs grew up

By Brian Fung, CNN (CNN) — A bombshell $16 million fraud charge this week against baseball star Shohei Ohtani’s former interpreter offers a stark illustration of what can happen when your online accounts aren’t properly secured. The interpreter, a longtime friend of Ohtani’s named Ippei Mizuhara, allegedly stole vast sums of money from a bank account established

By Allison Morrow, CNN New York (CNN) — American consumers are the engine of the world’s biggest economy, and they are living under a mountain of student debt. Even though the Biden administration has forgiven a staggering $153 billion in federal student loan debt, giving a financial lifeline to millions of borrowers, that figure is

By Bryan Mena, CNN Washington (CNN) — For thousands of years, the nighttime’s daily darkness naturally told humans it was time to go to sleep. That’s an evolutionary principle embedded into our brains — and it becomes apparent for those who can’t peacefully slumber at night because of the annoying indicator light that’s part of

By Heather Chen, CNN (CNN) — The death sentence handed to a real estate tycoon in a $12.5 billion financial fraud case is the latest punishment meted out by Vietnam in the Southeast Asian country’s sweeping “blazing furnace” anti-corruption campaign. Thursday’s ruling against Truong My Lan, the former chairwoman of property developer Van Thinh Phat