Money

By John Towfighi, CNN New York (CNN) — Investors entered the New Year cheerful about the prospects of a business- and crypto-friendly Trump administration. Yet two months into 2025, US stocks have lagged Europe and Chinese stocks, bitcoin is sliding and concerns about inflation are mounting. US stocks largely slid Tuesday as investors digested a

By Brian Stelter and Liam Reilly, CNN (CNN) — Some of MSNBC’s biggest stars are – in extraordinary on-air fashion – rebuking management’s decision to cancel Joy Reid and Alex Wagner’s shows and lay off their production staffs. Rachel Maddow used part of her Monday night show — MSNBC’s most watched hour — to call

By David Goldman, CNN (CNN) — Jamie Dimon is apologizing for using some particularly salty language about work-from-home policies, after he tackled an increasingly combative issue for workers and employers across the United States. But he’s not backing down on requiring JPMorgan Chase employees to return to the office. The CEO of America’s largest bank

By Chris Isidore, CNN New York (CNN) — The Federal Aviation Administration has agreed to use SpaceX’s Starlink internet system to upgrade the information technology networks it uses to manage US airspace, raising new concerns about conflicts of interest for CEO Elon Musk in one of his other roles, that of recommending funding cuts at

By Nathaniel Meyersohn, CNN New York (CNN) — Home Depot is growing again. America’s largest home improvement retailer said Tuesday that sales at stores open for at least a year grew 0.8% last quarter, snapping eight straight quarters of sales declines. Home Depot also sounded an upbeat forecast for 2025, saying sales at stores open

By Jeanne Sahadi, CNN (CNN) — Reports of the Department of Government Efficiency’s so-called “tech bros” accessing federal systems that hold vast troves of Americans’ personal data have raised many questions about whether they can legally see – never mind copy, alter or share – such sensitive details on hundreds of millions of people. Efforts

By Lex Harvey, Lauren Mascarenhas, Ashley Killough and Ed Lavandera, CNN (CNN) — Texas’ governor has directed state law enforcement to investigate two controversial lottery jackpots amid growing scrutiny over the role of online ticketing firms in the state. Republican Gov. Greg Abbott asked the Texas Rangers to investigate two Lotto Texas jackpots involving virtual

KEYE, TEXAS SENATE COMMITTEE ON STATE AFFAIRS, LT. GOV. DAN PATRICK X VIDEO, CNN By Lex Harvey, Lauren Mascarenhas, Ashley Killough and Ed Lavandera, CNN (CNN) — Texas’ governor has directed state law enforcement to investigate two controversial lottery jackpots amid growing scrutiny over the role of online ticketing firms in the state. Republican Gov.

By Anna Cooban, CNN London (CNN) — The chief executive of Unilever, which owns ice cream brands such as Ben & Jerry’s and Magnum, has stepped down after less than two years at the helm, as the UK company works to boost its lackluster sales and profits. Hein Schumacher will be replaced by Unilever’s Chief

By Matt Egan and Alicia Wallace, CNN (CNN) — Elon Musk, wielding a chainsaw, is overseeing a rapid shrinking of the nation’s largest employer: the federal government. There’s no doubt the federal government’s 3.02 million-person civilian workforce is massive. Yet some economists are confident the widespread terminations spearheaded by Musk’s Department of Government Efficiency (DOGE)

CNN, POOL, X | @ELONMUSK By Matt Egan and Alicia Wallace, CNN (CNN) — Elon Musk, wielding a chainsaw, is overseeing a rapid shrinking of the nation’s largest employer: the federal government. There’s no doubt the federal government’s 3.02 million-person civilian workforce is massive. Yet some economists are confident the widespread terminations spearheaded by Musk’s

KGO, MILL VALLEY CHICKENS, CNN By Hanna Park, CNN (CNN) — Denny’s, the popular American diner chain, has joined a growing number of restaurants responding to the nationwide egg shortage by adding a temporary surcharge to egg-based meals. “Due to the nationwide egg shortage and increased cost of eggs, some of our restaurant locations will

By Hanna Park, CNN (CNN) — Denny’s, the popular American diner chain, has joined a growing number of restaurants responding to the nationwide egg shortage by adding a temporary surcharge to egg-based meals. “Due to the nationwide egg shortage and increased cost of eggs, some of our restaurant locations will need to temporarily add a

By Liam Reilly, CNN (CNN) — MSNBC on Monday announced a major overhaul to its primetime lineup that will go into effect in April even as it shared that Joy Reid will part ways with the network. The overhaul comes as the progressive news network looks to maintain a jump in viewership in the first

By Reuters (CNN) — A U.S. court upheld the convictions of Theranos’ founder Elizabeth Holmes and President Ramesh “Sunny” Balwani on Monday, on charges of defrauding investors in the failed blood testing startup once valued at $9 billion. A three-judge panel for the 9th U.S. Circuit Court of Appeals in San Francisco rejected claims of

By Brian Stelter, CNN (CNN) — Lester Holt, the trusted face of “NBC Nightly News” for the past decade, is stepping down from the newscast this summer. Holt will continue to host “Dateline NBC,” the network’s prime time newsmagazine. “Quite simply, Lester is the beating heart of this news organization,” NBC News executive vice president

By Nathaniel Meyersohn and Maria Sole Campinoti, CNN New York (CNN) — Starbucks announced Monday it will lay off over 1,000 corporate workers and cut complex and unpopular drinks from its menu in an effort to turn around lagging sales and revamp the coffee chain. Starbucks is cutting some Frappuccino blended drinks, Royal English Breakfast

By Elisabeth Buchwald, CNN New York (CNN) — President Donald Trump is eyeing a “25% or higher” tariff on all semiconductor chips the United States imports, with rates likely to “go very substantially higher over a course of a year,” he told reporters on Tuesday. Unlike cars and pharmaceuticals — which Trump said would soon

By Chris Isidore and Clare Duffy, CNN New York (CNN) — Apple said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China. Apple said the investment will create 20,000 jobs. Earlier this month, President Donald