Money

By Anna Cooban, CNN London (CNN) — A tentative thaw in ice-cold US-Russia relations is paving the way for American companies to do what, until recently, seemed unthinkable — return to the country three years after they left in droves. Following watershed talks with Russian officials last week, US Secretary of State Marco Rubio extolled

By John Towfighi, CNN New York (CNN) — US stocks seesawed Friday, but all three major indexes closed the month in the red — a sign of increasing unease in markets. Volatility gripped markets as traders closed out a dismal February that wiped out some gains. “Extreme fear” was the sentiment driving markets on Friday

By Donald Judd and Liam Reilly, CNN (CNN) — A member of Russia’s state-owned news agency gained access to the Oval Office on Friday to cover President Trump’s sit-down with Ukrainian President Volodymyr Zelensky – even as the AP and Reuters were barred from the high-level meeting. The White House said the journalist was not

By Jordan Valinsky, CNN New York (CNN) — Microsoft is shutting down Skype, the internet-based phone and video service that was once the dominant way of staying connected in the mid 2000s. Skype will “no longer be available” to use starting in May, the company confirmed on X, telling users that their log-in information can

By Carlotta Dotto, CNN A European human rights body has ruled that Facebook’s algorithm shows gender bias when promoting job advertisements, marking what activists say is a crucial step in holding big tech companies accountable for the design of their platforms. The Netherlands Institute for Human Rights said in a February 18 decision that Facebook’s

By Alicia Wallace, CNN (CNN) — The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another potential red flag for the US economic engine: Consumers pulled back their spending by the most in nearly four years. The Personal Consumption Expenditures price index rose 2.5% in January from

By Chris Isidore, CNN New York (CNN) — Nippon Steel is looking to revive its plan to purchase iconic American steelmaker US Steel, despite President Donald Trump’s statements earlier this month that it is only interested in an “investment” and his pledge not to allow it to buy a controlling stake. Trump declared after a

By Nathaniel Meyersohn, CNN New York (CNN) — In early February, John Schwarz, a self-described “mindfulness and meditation facilitator,” proposed a 24-hour nationwide “economic blackout” of major chains on the last day of the month. Schwarz urged people to forgo spending at Amazon, Walmart, and all other major retailers and fast-food companies for a day.

By Ramishah Maruf, CNN New York (CNN) — Earlier this week, the controversial former boss of Goya Foods self-published a mysterious press release about his departure from the company. Robert “Bob” Unanue said that after nearly five decades at the family business, he was suddenly informed that his “employment” at the company was over and

By Lisa Eadicicco, CNN New York (CNN) — Amazon debuted a more sophisticated version of Alexa on Wednesday that’s more conversational and can handle tasks on your behalf. But in a surprising departure from its usual playbook, the company didn’t announce new Echo devices to go with its revamped digital helper. But that might not

CNN By Chris Isidore, CNN New York (CNN) — Elon Musk said Thursday that Verizon’s efforts to provide a critically needed upgrade to the FAA’s air traffic control system is failing. And he said that it is important that Starlink, a unit of his SpaceX satellite and rocket company, take over. “The Verizon communication system

By John Towfighi, CNN New York (CNN) — Egg prices are surging so high that the Trump administration is pledging to step in and solve the crisis — but don’t expect relief the next time you go grocery shopping. Agriculture Secretary Brooke Rollins announced on Wednesday a plan to invest $1 billion in strategies to

By Matt Egan, CNN New York (CNN) — The Consumer Financial Protection Bureau (CFPB) abruptly dropped cases on Thursday against multiple companies that had previously been accused of hurting consumers. Court filings indicate that the consumer watchdog has decided to dismiss lawsuits previously filed against Capital One, Rocket Homes, a unit of Warren Buffett’s Berkshire

By Chris Isidore, CNN New York (CNN) — Elon Musk said Thursday that Verizon’s efforts to provide a critically needed upgrade to the FAA’s air traffic control system is failing. And he said that it is important that Starlink, a unit of his SpaceX satellite and rocket company, take over. “The Verizon communication system to

By Clare Duffy, CNN New York (CNN) — Meta is apologizing for a technical error after some users said they saw violent, graphic videos in their Instagram Reels feed. “We have fixed an error that caused some users to see content in their Instagram Reels feed that should not have been recommended,” a Meta spokesperson

By Jordan Valinsky, CNN New York (CNN) — Subway is resurrecting its discounted footlong promotion, as stubbornly high inflation has led to a sluggish start to the year across the fast-food industry. Restaurant chains have scrambled over the past year to attract customers who are fed up with high prices. Although some have succeeded with

By Matthew Kaufman, CNN New York (CNN) — On the hunt for a new job? Building artificial intelligence tech could be a safe option. The market for jobs in the AI sector has surged in the last two years, according to a recent analysis from the University of Maryland and job-tracking firm LinkUp — the

By Clare Duffy, CNN New York (CNN) — Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry. The chipmaking giant’s shares dipped just over 1%