CNN – Business/Consumer

By John Towfighi, CNN New York (CNN) — US stocks and bonds fell, oil prices rose and gold had its worst week in four decades as the Iran war continues to ripple through financial markets. The Russell 2000, an index of smaller companies more sensitive to interest rates, was down 2.7% Friday and set to

By John Towfighi, CNN New York (CNN) — The war with Iran is disrupting global oil flows, damaging energy infrastructure and raising fears of prolonged conflict. But gold, usually considered a safe haven during periods of economic uncertainty, has slumped. Gold dropped 11% this week, posting its biggest weekly loss since 1983. The yellow metal

By Brian Stelter, CNN (CNN) — CBS News is shutting down CBS News Radio and laying off about 6% of its entire workforce, with executives explaining the cuts as a difficult but necessary reallocation of newsroom resources. The news division currently has about 1,100 employees, so dozens will be departing as a result of Friday’s

By Tami Luhby, CNN (CNN) — President Donald Trump has repeatedly promised that Americans will get larger tax refunds this year thanks to his “big, beautiful bill.” But now his war with Iran – and the resulting spike in gas prices – could wipe out a sizeable slice of that windfall for many folks, depending

By John Liu, CNN Hong Kong (CNN) — Oil prices dipped Friday but remained well above $100, with energy infrastructure in the Middle East damaged and the vital Strait of Hormuz still largely shut. Goldman Sachs even suggested that higher prices could last all the way through 2027. Brent crude, the global oil benchmark, ticked

By Liam Reilly, CNN (CNN) — A Nashville-based Colombian reporter was released from Immigration and Customs Enforcement custody on bond Thursday after her arrest earlier this month. Estefany Rodríguez, a Spanish-language reporter for Nashville Noticias who often covers immigration, was released from a Louisiana detention facility after posting a $10,000 bond. Her release comes just

By Elisabeth Buchwald, CNN (CNN) — Kevin Warsh’s path to becoming the next Federal Reserve chair is already rocky — and it may be approaching a major roadblock, casting fresh uncertainty about who will be leading the central bank at a critical moment for the economy. Nearly two months have passed since President Donald Trump

By Brian Stelter, CNN (CNN) — Nexstar says it has completed its acquisition of Tegna, uniting two of the largest TV station ownership groups in the United States. But the deal still faces legal scrutiny: Eight state attorneys general have filed an antitrust lawsuit to block the acquisition. The state officials, led by California Attorney

By Nathaniel Meyersohn, CNN New York (CNN) — The US has lost thousands of manufacturing jobs over the last year. Beverly Dawson’s family was among them. Dawson was laid off this month at Whirlpool’s refrigerator factory in Amana, a small town in eastern Iowa. Her son’s offer to work full-time at the plant when he

By Hanna Ziady, Olesya Dmitracova, John Towfighi, CNN London (CNN) — Oil and natural gas prices were volatile Thursday after Iran ramped up strikes on energy infrastructure across the Middle East and attacked one of the world’s most important liquefied natural gas facilities in Qatar. Brent crude, the global oil benchmark, rose 1.18% to settle

By Samantha Delouya, CNN (CNN) — Property brokerage Compass on Wednesday dropped its lawsuit against Zillow, ending a legal clash over how home listings can be marketed online. For the past few years, Compass — now the largest real estate brokerage in the world — has encouraged agents to use “coming soon” listings as part

CNN By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday kept interest rates unchanged, as expected, but noted the “uncertain” impact to the US economy from the US-Israeli war with Iran. Still, Fed officials are betting that the disruptions in global energy markets will likely be short lived, with the big caveat

By Jeanne Sahadi, CNN (CNN) — The Federal Reserve’s decision Wednesday to leave its key overnight lending rate unchanged for the second time this year was expected. But in addition to a disappointing February jobs report and other data, the Fed had to consider a new factor creating economic uncertainty: the attacks on Iran by

By Brian Stelter, CNN (CNN) — “The speed with which American democracy is currently dismantled is unprecedented in modern history,” one of the world’s top democracy researchers says in a new report. The Varieties of Democracies Institute, or V-Dem, a research group based in Sweden, cites the “suppression and intimidation of media and dissenting voices”

By Hanna Ziady, David Goldman, CNN London/New York (CNN) — Oil and natural gas prices spiked Wednesday following reports of the first attacks on Iranian production facilities in the war, including the world’s biggest natural gas field. The incidents mark a major escalation in the conflict, which has so far largely spared Iran’s energy infrastructure.

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday kept interest rates unchanged, as expected, but noted the “uncertain” impact to the US economy from the US-Israeli war with Iran. Still, Fed officials are betting that the disruptions in global energy markets will likely be short lived, with the big caveat that

By Hadas Gold, CNN (CNN) — Nearly 150 retired federal and state judges have filed an amicus brief on Tuesday supporting AI company Anthropic in its lawsuit against the Trump administration for designating it a “supply chain risk,” CNN has learned. The former judges, appointed by both Republicans and Democrats, join a growing list of

By Brian Stelter, CNN (CNN) — A federal judge says the Trump administration must let more than 1,000 sidelined Voice of America employees return to work by next week. Tuesday’s ruling came almost exactly one year after President Donald Trump set out to dismantle VOA and the rest of the US Agency for Global Media.

By Anna Cooban, CNN London (CNN) — Attacks on commercial ships in the Middle East this month have all but closed the vital Strait of Hormuz to tankers, upending the oil market and sending producers in search of other routes to get their fuel to buyers around the world. One of the few alternatives goes

By Jordan Valinsky, CNN New York (CNN) — When Mona Panjwani opened One40 Rooftop, an upscale restaurant in lower Manhattan last year, one of her first big decisions was choosing the reservation platform. She knew the right choice could help attract attention in a competitive dining scene during a tough economic environment. “This is my

By Hanna Ziady, CNN London (CNN) — Oil prices rebounded Tuesday and US gas prices rose as Iran intensified its attacks on energy infrastructure across the Middle East and a senior regime figure suggested that the crucial Strait of Hormuz wouldn’t become safe for ships anytime soon. Brent crude, the global oil benchmark, rose 3%

By Tami Luhby, CNN (CNN) — Drivers looking for some relief at the pump likely won’t get any help from their state during the current spike in gas prices. When Russia’s invasion of Ukraine caused gas prices to skyrocket in early 2022, five states temporarily suspended their gas taxes, and at least three states paused

By Tami Luhby, CNN (CNN) — Gas prices have skyrocketed due to the US-Israeli conflict with Iran, putting even more financial strain on many Americans’ wallets. Are you having trouble affording the higher prices at the pump? Share your story using the form below. The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros.

By Hadas Gold, CNN (CNN) — Tech giant Nvidia, the world’s most valuable company and the poster child of the AI boom, is banking its future on the rise of AI agents. The company on Monday announced a slew of software and hardware updates to encourage the development of AI agents, or AI assistants that

By Vanessa Yurkevich, CNN (CNN) — Thousands of meatpacking workers walked off the job at a JBS-owned plant in Colorado on Monday in the industry’s first strike in 40 years. JBS USA is the largest of the four major beef processing plants in the United States, which account for 85% of all US production. JBS

By Tim Lister, CNN (CNN) — If the United States assumed, before attacking Iran, that the major oil producer would be reluctant to close the Strait of Hormuz for fear of blocking its own oil exports, it miscalculated. Traffic through the strait, through which a fifth of the world’s oil output normally flows, has been

By Brian Stelter, CNN (CNN) — Every day brings a new complaint — or three — from the Trump administration about the American news media’s coverage of the Iran war. President Trump is using words like “criminal” and “unpatriotic” to assail media companies. His FCC chairman, Brendan Carr, is threatening broadcasters’ licenses. His defense secretary,

By Nathaniel Meyersohn, Hadas Gold, CNN New York (CNN) — Anthropic’s high-stakes gamble to take on the Trump administration could give it an advantage in the AI race. The AI company says it’s at risk of losing hundreds of millions of dollars in government contracts from the Trump administration’s designation of the company as a

By Auzinea Bacon, David Goldman, Hanna Ziady, CNN New York/London (CNN) — Oil and gas prices remained high Monday following attacks on Middle East oil facilities over the weekend – and after the White House suggested the war with Iran could last several more weeks. Gas prices in the United States rose 2 cents to

By Ramishah Maruf, CNN New York (CNN) — When Melanie, also known as “Uhbucky” on social media, posted a fan edit of “Heated Rivalry,” she didn’t know it would lead to her dream job. “I watched (the edit) so many times, it kind of like lost any spark to me,” Melanie, 25, said, referring to

By Ramishah Maruf, Sarah-Grace Mankarious, Koko Nakajima, Marie Barbier, Agne Jurkenaite, CNN New York (CNN) — Josh D’Amaro begins his first day as Disney CEO on Wednesday. For the past six years, D’Amaro has been the face of the company’s iconic parks as the chief of Disney Experiences and has overseen the most lucrative part

By Bryan Mena, Elisabeth Buchwald, CNN Washington (CNN) — The US economy was on shaky footing even before President Donald Trump plunged the United States into a war with Iran, a battery of new data released Friday showed. At the end of last year, economic growth was anemic, the Commerce Department said Friday, dragged down

By Jeanne Sahadi, John Towfighi, CNN (CNN) — It’s hard not to be worried by the avalanche of upsetting news stemming from the decision of the US and Israel to launch a war on Iran. Nor about how that decision will affect the world’s economies and markets for months, if not years to come. No

By Luciana Lopez, Stephanie Yang, CNN (CNN) — Oil prices traded near their highest level since 2022 Friday, shrugging off the Trump administration’s earlier decision to temporarily allow the delivery and sale of sanctioned seaborne Russian crude – a waiver aimed at mitigating a surge in prices following its attacks on Iran. The license, posted

By Ramishah Maruf, CNN New York (CNN) — Buzzfeed, the digital media company that took the mid-2010s by storm, said on Thursday it has “substantial doubt” about its ability to continue as a business. In an earnings report released Thursday, Buzzfeed said it has engaged in “strategic conversations” about relieving its liquidity issues. “We believe

By Julian Torres, CNN New York (CNN) — With war in the Middle East raging, oil prices are soaring. To temper the costs, the United States government is turning to oil stored in massive salt caverns. The US Department of Energy (DOE) announced yesterday that the US will release 172 million barrels of oil from

CNN, POOL, SENATE TVL HOUSE TV By Samantha Delouya, CNN (CNN) — A bipartisan group of senators passed a bill Thursday aimed at improving housing affordability. The measure contains roughly 40 provisions intended to increase housing supply and lower costs. It remains to be seen if it can pass the House as is, and comes

By Samantha Delouya, CNN (CNN) — A bipartisan group of senators passed a bill Thursday aimed at improving housing affordability. The measure contains roughly 40 provisions intended to increase housing supply and lower costs. It remains to be seen if it can pass the House as is, and comes one month after the House of

By Bryan Mena, CNN Washington (CNN) — US mortgage rates climbed this week as investors fret the economic impact of President Donald Trump’s war on Iran, undoing some of the welcomed progress in housing affordability. The average rate of a standard, 30-year fixed mortgage was 6.11% in the week ending March 12, according to a

By John Towfighi, CNN New York (CNN) — Stocks fell and global oil prices settled at $100 per barrel for the first time since 2022 as the effective closure of the Strait of Hormuz continued to roil markets. The major US stock indexes each closed lower by more than 1.5%, extending a recent bout of

By Elisabeth Buchwald, CNN (CNN) — Ever since the US and Israel struck Iran, the jump in oil and gas prices has become a major focus for markets and consumers alike. But that’s only the top of a long list of goods that stand to get more expensive. With oil prices shooting up, the cost

By John Liu, CNN Hong Kong (CNN) — In an era marked by US overseas military actions and trade turbulence, Chinese leader Xi Jinping is counting on a plan to shield his country from the storm: driving innovation to transform China into the world’s leading tech superpower. Over the next five years, China seeks to

By John Liu, Hanna Ziady, CNN Hong Kong/London (CNN) — Brent crude oil hovered around $100 a barrel Thursday, after Iran’s new leader said the Strait of Hormuz would remain shut and as further attacks on ships in the Gulf spooked energy traders. In comments delivered by an anchor on Iranian state television, Mojtaba Khamenei

By Harmeet Kaur, CNN (CNN) — This week, as the US and Israeli war against Iran continued to expand across the Middle East, traders and analysts have been fretting about “Brent” as if he’s an old, wayward friend: “Brent” got the highest anyone had seen in years on Monday. Later in the day, “Brent” fell

CNN By Elisabeth Buchwald, CNN (CNN) — Annual inflation was unchanged last month at 2.4%, according to the latest Consumer Price Index, released Wednesday. On a monthly basis, prices rose 0.3% in February, a faster pace than January’s 0.2%, according to the Bureau of Labor Statistics. The February inflation data was gathered before the United

By Chris Isidore, CNN (CNN) — Global oil prices have fallen well below their recent peak. But don’t expect to see relief at the pump in the coming days. The war in Iran virtually closed the Strait of Hormuz, choking off about a fifth of the world’s oil. However, oil prices tumbled by 12% on

By Elisabeth Buchwald, CNN (CNN) — Annual inflation was unchanged last month at 2.4%, according to the latest Consumer Price Index, released Wednesday. On a monthly basis, prices rose 0.3% in February, a faster pace than January’s 0.2%, according to the Bureau of Labor Statistics. The February inflation data was gathered before the United States

By Hanna Ziady, CNN London (CNN) — Member countries of the International Energy Agency unanimously agreed Wednesday to release 400 million barrels of oil into the global market – the largest release of emergency oil stocks in history – in a drastic move aimed at shoring up crude supplies and capping a surge in prices

By Hadas Gold, CNN (CNN) — Meta, the company behind some of the world’s most popular social media platforms, just scooped up a new site – for bots. Meta has acquired Moltbook, the social media network where AI agents interact with one another autonomously, the company said in a statement on Tuesday. Meta is competing

By Hanna Ziady, CNN London (CNN) — Oil prices fell sharply Tuesday after US President Donald Trump said the war with Iran would be over “very soon,” though they remain volatile and well above their levels before the conflict started. Also on Tuesday, the world’s biggest oil exporter, Saudi Aramco, warned of the war’s potentially

By Jeanne Sahadi, CNN (CNN) — The IRS is operating with roughly 27% fewer employees this tax filing season than it did last year. And, last July, a major new tax law took effect, containing many new provisions affecting individuals for tax year 2025. We checked in with some tax professionals to get a read

By Chris Isidore, CNN (CNN) — Investors rattled by the war in Iran have sent oil prices skyrocketing – and global governments have noticed. The world’s biggest economies are now considering emergency releases of millions of barrels of oil into the market. But while that might sound like a lot, experts say even tens of

By Tami Luhby, CNN (CNN) — President Donald Trump’s “big, beautiful bill” created several new tax measures that eligible taxpayers could claim this filing season. They include tax breaks on tips and overtime income, an enhanced deduction for senior citizens, a new deduction for car loan interest and a higher cap on state and local

By Phil Mattingly, Zachary Cohen, CNN (CNN) — The Trump administration is currently trapped between the specter of a global economic recession and a naval catastrophe. As the conflict with Iran intensifies, the world’s energy arteries are constricting to a point of “nonlinearity,” where every day the Strait of Hormuz remains closed doesn’t just double

By Matt Stiles, Tal Yellin, Byron Manley, Lou Robinson, Renée Rigdon, Annette Choi, Soph Warnes, Becky Pinnington, CNN (CNN) — Global oil and US gas prices are persistently high, even though traffic is flowing again in the Strait of Hormuz. Prices eased over the summer after the United States and Iran signed a peace plan

By Lisa Eadicicco, CNN (CNN) — Anthropic is suing the Department of Defense and other federal agencies on Monday over the Trump administration’s decision to label the AI company a “supply chain risk.” The lawsuit is the latest development in an ongoing standoff between the Pentagon and one of world’s most prominent AI companies as

By Jordan Valinsky, Hannah Rabinowitz, CNN New York (CNN) — Live Nation and Ticketmaster have reached a settlement with federal authorities over accusations the ticket giant’s business practices created a monopoly of the live events music industry. A senior justice official said in a briefing Monday that the agreement will give consumers more options and

By John Towfighi, CNN New York (CNN) — US stocks recovered losses Monday and oil prices plummeted after settling at their highest level since 2022, as the war with Iran continued to roil markets. It was a volatile 24 hours in markets. US crude oil prices soared to nearly $120 per barrel late Sunday before

By David Goldman, Matt Egan, CNN (CNN) — A historic disruption to the world’s oil production sent crude prices smashing through the $100 barrier Monday for the first time in nearly four years, before prices settled just below $100. The the war with Iran drags on, oil futures could have considerably more room to run

By Jordan Valinsky, CNN New York (CNN) — Struggling beer sales should spell doom for the world’s largest brewer. Anheuser-Busch InBev hasn’t gotten that memo. The company has emerged on the other side of a Bud Light boycott as a bright spot among an industry grappling with customers that are drinking less or ditching beer

CNN, MARINETRAFFIC, CNN TURK By Auzinea Bacon, David Goldman, CNN (CNN) — The price of oil kept climbing Monday, having surged past $100 per barrel Sunday, the first time it crossed that mark since Russia’s 2022 invasion of Ukraine. Brent crude, the global oil benchmark, neared $120 a barrel in early trade before paring some

By Auzinea Bacon, David Goldman, CNN (CNN) — The price of oil kept climbing Monday, having surged past $100 per barrel Sunday, the first time it crossed that mark since Russia’s 2022 invasion of Ukraine. Brent crude, the global oil benchmark, neared $120 a barrel in early trade before paring some of those gains to

By Chris Isidore, CNN (CNN) — American drivers notice soaring gas prices. But another fuel – diesel – is also on the rise, and at a much faster pace. While you’ve likely never bought a gallon of diesel, it’s still worth worrying about. That’s because much of the world’s economy – from consumer goods to

By Brian Stelter, CNN (CNN) — In a victory for Voice of America staffers, a federal judge ruled Saturday that Kari Lake unlawfully ran the US Agency for Global Media (USAGM) for several months last year. The mass layoffs and other actions undertaken during that time “are void,” US District Judge Royce C. Lamberth wrote.

By Elisabeth Buchwald, CNN (CNN) — A system to process at least $166 billion in tariff refunds could be up and running in 45 days. That’s the alternative to a manual process that could take 4 million hours, according to a senior US Customs and Border Protection executive. However, it’s still anyone’s guess as to

By Bryan Mena, CNN Washington (CNN) — The steep slowdown in hiring over the past year, largely due to the uncertainty sparked by President Donald Trump’s erratic tariff policy, has made it difficult for Americans to find work, especially recent college graduates. In 2024, young men were instrumental in handing Trump his electoral victory, according

By Oren Liebermann, CNN (CNN) — Every reporter in Israel — and every member of the public — is subject to a military censor. On national security grounds, the regulation authorizes the censor to prohibit reporting or broadcasting any material that could reveal sensitive information or pose a threat to the country’s security interests. This

By Bryan Mena, CNN Washington (CNN) — Spending at US retailers unexpectedly fell in January as consumer confidence languished and harsh cold weather buffeted various parts of the country. Retail sales declined 0.2% in January from the prior month, the Commerce Department said Friday, the biggest decline since May. January’s reading came in below expectations

By Alicia Wallace, CNN (CNN) — Hiring at US businesses unexpectedly plunged last month as employers shed an estimated 92,000 jobs, according to new data released Friday by the Bureau of Labor Statistics. The unemployment rate edged higher to 4.4% from 4.3%. Economists were expecting job growth to slow somewhat after a surprisingly strong January

By Hadas Gold, CNN (CNN) — Anthropic on Thursday said a Pentagon designation of the AI company as a “supply chain risk to America’s national security” won’t impact their business partners as heavily as Defense Secretary Pete Hegseth implied last week. Hegseth had announced in a post on X that, as a result of a

By John Towfighi, CNN New York (CNN) — Stocks sank, volatility picked up and oil prices surged to their highest level since mid-2024 as concerns about a prolonged war with Iran continue to roil markets. The Dow closed lower by 785 points, or 1.61%, recouping some losses in the afternoon after briefly falling more than

By Brian Stelter, Liam Reilly, CNN (CNN) — Paramount CEO David Ellison has pledged to support editorial independence at CNN, saying it “needs to be maintained,” amid widespread concern about his company’s plans for the news network. Last week, Ellison emerged victorious in a months-long battle for Warner Bros Discovery after Netflix pulled out of

By Samantha Delouya, CNN (CNN) — US mortgage rates didn’t stay below 6% for long. The average 30-year fixed mortgage was 6% for the week ending March 5, according to Freddie Mac – after war with Iran rattles financial markets. The yield on the 10-year Treasury, which mortgage rates closely follow, has climbed since President

By Alicia Wallace, CNN (CNN) — Economic uncertainty tied to President Donald Trump’s signature trade policies has led many small businesses to lay off workers, delay expansion plans or scale back production. ValenSil Technologies, for one, was growing at a pretty good clip heading into 2025. The Avon, Ohio-based aerosol filler expanded its manufacturing footprint,

By Samantha Delouya, CNN (CNN) — John Andrews, a South Carolina-based chef who runs a meal delivery service, estimates he drives over 100 miles every week to deliver fresh home-cooked meals to his clients. “The economy is killing me on food prices. And gas prices are tough now, too,” Andrews said. “It’s kind of a

By John Liu, CNN Beijing/Hong Kong (CNN) — China set its lowest economic growth target in decades on Thursday, announcing it would aim for 4.5-5% expansion in 2026 as the world’s second-largest economy grapples with weak domestic demand and an uncertain global outlook. The moderate projection follows three consecutive years of aiming for “around 5%”

By Brian Stelter, CNN (CNN) — A version of this article first appeared in the Reliable Sources newsletter. You can sign up for free here. Wednesday’s Pentagon press briefing by Defense Secretary Pete Hegseth and Gen. Dan Caine gave at least the appearance of transparency. But the military leaders mostly received kid-glove treatment from the

By Brian Stelter, CNN (CNN) — As CBS News plots an overhaul of its morning show, Gayle King has renewed her contract to remain at the network, a spokesperson confirmed Wednesday. “I’m excited about continuing at ‘CBS Mornings.’ As always, I’m open to new adventures here and ready to go,” King said in a statement.

By John Towfighi, CNN New York (CNN) — Oil prices Wednesday paused their recent surge, supporting a rebound in European and US stocks, as investors hold hope for limited long-term disruptions to energy markets and monitor developments in the Middle East. Global investors are digesting the market turmoil spurred by the US-Israeli war with Iran

By Lisa Eadicicco, CNN New York (CNN) — Apple on Wednesday launched the MacBook Neo, the company’s cheapest-ever new model. The MacBook Neo is the first Apple laptop to run on a chip typically used in the iPhone and starts at $599. It signals a fresh attempt to court Windows and Chromebook customers and ramp

By Hadas Gold, CNN (CNN) — Messages written in chalk covered the sidewalk outside OpenAI’s San Francisco offices Monday morning: “Where are your redlines?” “You must speak up.” “What are the safeguards?” The messages, according to social media and news reports, were written by activists. But some of those feelings are shared by many within

By Bryan Mena, CNN Washington (CNN) — Just as President Donald Trump looks set to install a Federal Reserve chair aligned with his desire for lower interest rates, the president’s war on Iran likely makes those rate cuts harder to deliver. Fed policymakers were already expected to keep their benchmark lending rate unchanged until at

By Jeanne Sahadi, CNN (CNN) — Anyone watching the stock market’s response to world events this week may be feeling a little uncertain about their investments. But if last year taught investors anything, it’s that volatility and dramatic drops in stocks from one day to the next are not reliable indicators of annual portfolio performance.

By Samantha Delouya, CNN (CNN) — Rising oil prices tied to the conflict in the Middle East could add another strain for US small businesses already struggling under the weight of stubborn inflation and President Donald Trump’s hefty tariffs. Rising costs for goods, services and wages were the most common financial challenge reported last year,

By Hadas Gold, CNN (CNN) — The AI company Anthropic was likely not in the public lexicon just a month ago. But it is now. The AI company has long been known within tech circles for its popular Claude AI assistant and coding tools. But a whirlwind sequence of events in February thrust the company

By John Towfighi, CNN New York (CNN) — Global stocks closed lower Tuesday after a volatile day that saw the Dow briefly tumble by more than 1,200 points as concerns linger among investors that the widening conflict in the Middle East could escalate further. The Dow closed lower by 404 points, or 0.83%, paring earlier

By Nathaniel Meyersohn, CNN Minneapolis (CNN) — The new Target CEO believes adding new, buzzy brands can win back shoppers after a brutal few years. CEO Michael Fiddelke said Tuesday that Target will improve its products and redesign stores to draw shoppers and “get Target back to growth.” The company is trying to bring back

By John Towfighi, CNN New York (CNN) — The US war with Iran rippled through markets Monday: Oil spiked. Investors piled into gold and the US dollar. But stocks…shrugged? Barely a week earlier, a fictional “macro memo from 2028” hypothesizing on how AI could disrupt the economy sent the Dow down 800 points. Behold the

By Harmeet Kaur, CNN (CNN) — Two months ago, Kaeden Rowland was just a print specialist at a Staples in upstate New York: bored at work, looking for subjects for her TikTok account and wondering how to inform the masses about the office supply chain’s services and products. So on January 13, while on the

By Liam Reilly, CNN (CNN) — It’s not TV. It’s HBO — and also Paramount+. During Paramount’s first investor call since emerging victorious in the bidding war for Warner Bros. Discovery, CEO David Ellison shared that following the merger, Paramount+ and HBO Max will join to form a single streaming platform. “We will combine the

By Lisa Eadicicco, CNN (CNN) — Apple announced Monday a lower-priced version of the iPhone 17, expanding its smartphone lineup as it relies on its blockbuster product to stave off concerns the company is falling behind in artificial intelligence. The iPhone 17e, which starts at $599, is a pared-back version of the pricier iPhone 17.

By John Towfighi, CNN New York (CNN) — Oil prices surged, US stocks erased earlier losses and gold rose Monday as financial markets digested concerns about a broadening war with Iran. Investors are bracing for volatility in global energy markets as developments unfold in the Middle East. While markets saw sharp moves, the volatility so

By Brian Stelter, CNN (CNN) — President Donald Trump is coming under increasing pressure to explain his military campaign in Iran to the American people. So far, the president has not delivered a prime-time address or held a press conference. He ignored shouted questions from reporters as he flew from Florida to Washington on Sunday.

By Chris Isidore, Matt Egan, CNN (CNN) — The attacks on Iran are already sending gasoline prices higher, and even steeper increases are probably coming soon. The average US price for a gallon of regular gas stands at just under $3 Monday, according to AAA’s survey, which was taken at the nation’s gas stations on

By Matt Egan, CNN New York (CNN) — Ashley loves her day job teaching math, reading and science to fifth graders in Washington state. But like many other teachers, Ashley relies on a side hustle or two to get by. When she’s not in the classroom, Ashley works as a spray tanner at night during

By Lisa Eadicicco, CNN (CNN) — The next wave of tech devices may not have a screen. You might not realize that they’re recording you. And you might not even realize they’re tech gadgets at all. Qualcomm, whose chips power smartphones from major Android device makers, launched a new chip Monday for new products along

By Brian Stelter, Kit Maher, CNN (CNN) — No senior Trump administration officials or cabinet members appeared on the Sunday show television circuit a day after the US and Israel began a major military operation in Iran, killing Iran’s Supreme Leader Ayatollah Ali Khamenei. The absence of any Trump officials was noteworthy because many administration