CNN – Business/Consumer

By Auzinea Bacon, CNN (CNN) — Berkshire Hathaway (BRK.B), which wrapped up its final year under Warren Buffett’s leadership, reported Saturday that operating earnings for the fourth quarter totaled $10.2 billion, down 29.8% from last year, on weakness from its insurance business. Last year’s operating earnings totaled about $44.5 billion, down 6% from the previous

By Auzinea Bacon, CNN (CNN) — We’ve been talking about AI changing the world for a long time. But this week felt different — as if it were right in the middle of something big. The stock market tumbled — three separate days — because of investors’ both bearish and bullish fears about AI, including

By Hadas Gold, CNN (CNN) — OpenAI CEO Sam Altman announced late Friday that the company had signed a deal with the Pentagon for its AI tools to be used in the military’s classified systems, but with seemingly similar guardrails rival Anthropic had also requested. The deal with OpenAI comes the same day President Donald

By Hadas Gold, CNN (CNN) — ChatGPT maker OpenAI has the same redlines as Anthropic when it comes to working with the Pentagon, an OpenAI spokesperson confirmed to CNN. That means even if the Pentagon decides to cancel its Anthropic contract in favor of OpenAI, it’ll have to contend with the same concerns over the

By Clare Duffy, Samantha Delouya, CNN New York (CNN) — Kaley started using YouTube at the age of 6, downloading the app on her iPod Touch to watch videos about lip gloss collections and the online kids game Animal Jam. She posted her first video when she was 8 — in it, she played Animal

By Brian Stelter, CNN (CNN) — Viewers and readers of CNN might be wondering the same thing that CNN employees are asking right now: What will Paramount’s ownership mean? Answers are in short supply. Paramount executives have privately talked about the prospect of combining its CBS News unit with CNN. They have also praised CNN’s

By Alicia Wallace, CNN (CNN) — The prices businesses pay to each other took a sharp turn higher in January, new data showed Friday, indicating that more tariff-related price increases could be still to come. The Producer Price Index rose 0.5% last month, a pickup from December’s 0.4% rate, according to the latest data from

By John Towfighi, CNN New York (CNN) — Technology stocks aren’t carrying the market like they used to — but investors can protect their portfolios during the volatility. After years of powering the market on the promise of revolutionizing productivity, tech and AI stocks have hit a lull. It’s been four months since the tech-heavy

By Stephanie Yang and Wayne Chang, CNN Taipei, Taiwan (CNN) — A global shortage in memory chips sparked by artificial intelligence has dealt a “tsunami-like shock” to the smartphone industry, pushing prices to all-time highs, according to a new report. A worsening shortfall of memory components is expected to put phone manufacturers out of business

By Hadas Gold, CNN (CNN) — The Trump administration ordered federal agencies and contractors that work with the military to cease business with Anthropic after the company refused to allow the Pentagon to use its artificial-intelligence technology without restrictions. Government agencies, including the Pentagon, have six months to phase out use of Anthropic’s products, President

By David Goldman, CNN (CNN) — Less than a year ago, David Ellison was the head of a small production company. Now, he’s on the verge of becoming the king of Hollywood. The Paramount Skydance CEO emerged victorious Thursday night in a bidding war for Warner Bros. Discovery. It was a prize Paramount desperately needed

CNN By Hadas Gold, CNN (CNN) — Anthropic is rejecting the Pentagon’s latest offer to change their contract, saying the changes do not satisfy the company’s concerns that AI could be used for mass surveillance or in fully autonomous weapons. The Pentagon and Anthropic are at odds over restrictions the company places on the use

By Brian Stelter, CNN (CNN) — Savannah Guthrie intends to return to work at NBC’s “Today” show at some point, according to two sources close to the network. When that might happen is highly uncertain, and completely up to Guthrie, given this month’s agonizing and all-consuming search for her mother Nancy. But word of Guthrie’s

By Hadas Gold, CNN (CNN) — Anthropic is rejecting the Pentagon’s latest offer to change their contract, saying the changes do not satisfy the company’s concerns that AI could be used for mass surveillance or in fully autonomous weapons. The Pentagon and Anthropic are at odds over restrictions the company places on the use of

CNN By Brian Stelter, CNN (CNN) — Paramount emerged as the victor in the months-long battle for Warner Bros. Discovery after Netflix backed out of the bidding war Thursday, leaving Paramount poised to acquire Warner’s vast media empire, including CNN. Netflix said it has “declined to raise its offer for Warner Bros.” after the Warner

By Ramishah Maruf, CNN New York (CNN) — Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks most companies will follow suit in the near future. The company is laying off more than

By Brian Stelter, CNN (CNN) — Paramount emerged as the victor in the months-long battle for Warner Bros. Discovery after Netflix backed out of the bidding war Thursday, leaving Paramount poised to acquire Warner’s vast media empire, including CNN. Netflix said it has “declined to raise its offer for Warner Bros.” after the Warner Bros.

By Jordan Valinsky, CNN New York (CNN) — Papa Johns is the latest pizza chain to close hundreds of locations following a tough quarter as customers pull back on spending. The company revealed during Thursday’s earnings call that approximately 300 underperforming restaurants in North America will close by the end of 2027, with about 200

By Samantha Delouya, CNN (CNN) — US mortgage rates dropped below 6% this week, cracking a key threshold after years of punishing borrowing costs that sidelined millions of would-be buyers. On Thursday, the average 30-year fixed mortgage rate fell to 5.98% for the first time since 2022, according to Freddie Mac. Homeowners who secured rock-bottom

By Hanna Ziady, CNN London (CNN) — A month ago, Børge Brende interviewed US President Donald Trump following his address to government and business leaders in Davos, Switzerland. On Thursday, the president and CEO of the World Economic Forum, which organizes the annual gathering in the Swiss alps, announced he was stepping down following an

By Lisa Eadicicco, David Goldman, CNN (CNN) — Anthropic has reached a familiar crossroads for a growing tech company: how to scale without compromising the principles that set it apart. The AI company has made safety its guiding principle. It advocated for AI regulation and called for worker protections as AI replaces some human tasks.

By Jeanne Sahadi, CNN (CNN) — President Donald Trump in his State of the Union address Tuesday briefly mentioned his intention to help private-sector workers save for retirement if they don’t have access to an employer-sponsored plan. “Half of all of working Americans still do not have access to a retirement plan with matching contributions

By Lisa Eadicicco, CNN (CNN) — Artificial intelligence is starting to change the way people work, find information and even form social relationships. Yet very little has changed about the devices people often use to access AI: smartphones. Samsung wants to change that with its Galaxy S26, a new series of smartphones announced Wednesday. The

By Matt Egan, CNN (CNN) — Economist and former Treasury Secretary Larry Summers announced plans on Wednesday to retire from his professorship at Harvard University at the end of the academic year amid scrutiny over his ties to convicted sex offender Jeffrey Epstein. In a statement, Summers described the retirement as a “difficult decision” and

By Clare Duffy, Lisa Eadicicco, CNN (CNN) — Anthropic, a company founded by OpenAI exiles worried about the dangers of AI, is loosening its core safety principle in response to competition. Instead of self-imposed guardrails constraining its development of AI models, Anthropic is adopting a nonbinding safety framework that it says can and will change.

By Samantha Delouya, CNN (CNN) — Roofers are turning down jobs. Painters are locking themselves inside the homes they’re finishing. Concrete crews have monthslong waiting lists. In the Twin Cities and surrounding suburbs, the Trump administration’s immigration crackdown has slowed home construction to a crawl – at a time when Minnesota, like much of the

By Brian Stelter, Jordan Valinsky, CNN New York (CNN) — Paramount has officially raised its offer for Warner Bros. Discovery, CNN’s parent company, to $31 per share, and now the WBD board says it is extending the window for talks with Paramount about a possible deal. In addition to the higher price per share, Paramount

By Matt Egan, Priscilla Alvarez, CNN (CNN) — The Trump administration is weighing a new requirement for US banks to verify citizenship information of current and future customers as part of the president’s aggressive immigration crackdown, sources told CNN. The potential action, which one source said could take the form of an executive order, has

By Chris Isidore, CNN (CNN) — Spirit Airlines, which had been in danger of going out of business due to ongoing losses and two bankruptcy filings, has reached a deal that will allow it to survive, albeit as a smaller company. The budget airline announced Tuesday that it made an agreement with creditors that will

By Matt Egan, CNN New York (CNN) — Former US Senator Bob Kerrey has resigned from the board of directors of a Nebraska clean-energy startup amid controversy over his ties to convicted sex offender Jeffrey Epstein. Kerrey, a Democrat who also served as Nebraska’s governor in the 1980s, joins a growing list of business leaders

By Hadas Gold, Haley Britzky, CNN (CNN) — Defense Secretary Pete Hegseth gave Anthropic CEO Dario Amodei a Friday deadline to comply with demands to peel back safeguards on its AI model or risk losing a Pentagon contract. He also threatened to put the AI company on what could amount to a government blacklist. At

By Hadas Gold, CNN New York (CNN) — Just weeks after its new AI tools for the office shook software stocks, Anthropic is pushing even deeper into the workplace. The company is updating its Claude AI helper to perform better at tasks for specific jobs, such as design, human resources and wealth management roles, while

By Chris Isidore, CNN (CNN) — JPMorgan Chase CEO Jamie Dimon warned Monday that current financial conditions and banks doing “dumb things” like taking on risky loans could lead to a market meltdown similar to the one before the 2008 financial crisis. “There will be a cycle one day,” he said, “I don’t know what

By Jeanne Sahadi, CNN (CNN) — The surge of federal immigration agents in Minnesota over the past few months left many people not only traumatized but financially hard up. People lost income because they were too afraid to go to work or their breadwinner was taken by agents of US Immigration and Customs Enforcement or

By Elisabeth Buchwald, CNN (CNN) — The government is on the hook to refund $134 billion – and counting – worth of tariff revenue collected from President Donald Trump’s most sweeping tariffs, which were rendered illegal by the Supreme Court last week. How much of that will consumers, who paid for steep tariffs via higher

By John Liu, CNN (CNN) — United States artificial intelligence firm Anthropic is accusing three prominent Chinese AI labs of illegally extracting capabilities from its Claude model to advance their own, claiming it raises national security concerns. The Chinese unicorns – DeepSeek, Minimax and Moonshot AI – created over 24,000 fraudulent accounts and trained their

By Ramishah Maruf, Liam Reilly, CNN New York (CNN) — Celebrity doctor Peter Attia has resigned from his new contributor position at CBS News following new revelations about his relationship with Jeffrey Epstein. “Dr. Attia’s contributor role was newly established and had not yet meaningfully begun,” a spokesperson for Attia said in a statement. “As

By Clare Duffy, CNN New York (CNN) — Meta executives testified in a Los Angeles courtroom earlier this month that while use of the company’s platforms could become problematic, it couldn’t be considered addiction. But inside the company, researchers have sought to study whether certain Facebook features could contribute to “addiction” or “addictive’-like” behaviors among

By Alicia Wallace, CNN (CNN) — During the past year, President Donald Trump has imposed sweeping and steep tariffs on most imported goods with the intent to reduce trade deficits and bolster US-based manufacturing. The near-term effects have been monumental both in and outside of the United States by reshaping global trade, raising the effective

By John Towfighi, CNN New York (CNN) — Stocks fell, gold moved higher and volatility picked up Monday as uncertainty about President Donald Trump’s new proposed tariffs and nerves about artificial intelligence weighed on Wall Street. The Dow closed lower by 823 points, or 1.66%, and posted its worst day in one month. The broader

By Julian Torres, CNN New York (CNN) — With the Trump administration effectively dismantling automotive emissions regulations, cars on dealership lots could see some changes. Your next car could be bigger, with fewer fully electric options – but it also might be a hybrid. The repeal of the Environmental Protection Agency’s 2009 endangerment finding effectively

By Auzinea Bacon, CNN (CNN) — President Donald Trump said on Saturday that he will increase the global tariffs he imposed a day earlier to 15% from 10% following an adverse ruling at the Supreme Court. The court on Friday ruled that Trump exceeded his authority with the way he imposed tariffs on trading partners

By Matt Egan, CNN (CNN) — Jeffrey Epstein is once again haunting one of the most powerful firms on Wall Street: Apollo Global Management. Five years after the Epstein scandal forced billionaire Leon Black to step down as Apollo’s CEO, the recent release of millions of documents related to Epstein show Black’s replacement, current CEO

By Elisabeth Buchwald, CNN (CNN) — When President Donald Trump announced plans to raise the nation’s effective tariff rate to levels not seen since 1930 last year, most CEOs were silent. They’d seen how opposing the president’s ambitions – let alone his signature economic policy – could prove even more costly than the policies he

By Matt Egan, David Goldman, CNN (CNN) — Now that the Supreme Court has taken away a significant chunk of President Donald Trump’s tariff-wielding authority, what does that mean for your prices? “Nothing,” said Stephanie Roth, chief economist at Wolfe Research. That’s because Trump has other tariff levers to pull. The Supreme Court noted other

By Jordan Valinsky, CNN New York (CNN) — Attention, Topo Chico fans: Brace yourself for a possible shortage that could stretch into the summer. Coca-Cola, which owns the carbonated mineral water brand, said the flagship product sold in glass bottles is “temporarily unavailable” in the United States because of “facility upgrades at the water source

By Elisabeth Buchwald, CNN (CNN) — The battle is just starting for the 300,000 businesses that want $134 billion in tariffs refunded. As it turns out, convincing six Supreme Court justices that President Donald Trump overstepped his authority in imposing sweeping tariffs relying on emergency economic powers was the easy part. The hard part: Getting

By Bryan Mena, Alicia Wallace, CNN Washington (CNN) — The US economy grew at a much slower pace in the final months of 2025 as the historic government shutdown weighed on economic activity, ending a year that saw the weakest growth since the pandemic. Still, it was far from the worst-case scenario economists feared when

By Vanessa Yurkevich, CNN New York (CNN) — Egg prices have been plummeting. That’s great news for American shoppers, but bad news for American farmers. The average price of a dozen eggs at the grocery store is $2.58, according to the Bureau of Labor Statistics. That’s about half of what many consumers were paying a

By John Towfighi, CNN (CNN) — JPMorgan Chase on Thursday hit back at President Donald Trump’s debanking lawsuit against the company and CEO Jamie Dimon, filing to move the case from Florida state court to federal court and arguing the president’s initial lawsuit “fraudulently” included Dimon. JPMorgan Chase lawyers wrote in a notice, first reported

By Ramishah Maruf, Clare Duffy, CNN New York (CNN) — The West Virginia attorney general’s office sued Apple on Thursday, claiming the tech giant allowed child sexual abuse materials (CSAM) to be stored and distributed on its iCloud service. The lawsuit claims that Apple prioritized user privacy over child safety for years. The company has

By John Towfighi, CNN (CNN) — Oil prices jumped Thursday to their highest level in nearly seven months and investors snapped up safe havens like gold, as tensions between the United States and Iran continue to flare. Brent crude, the global benchmark, rose 1.86%, to $71.66 per barrel. US crude rose 1.9%, to $66.43 per

By Nathaniel Meyersohn, CNN New York (CNN) — Amazon has surpassed Walmart as the world’s largest company, measured by sales, breaking Walmart’s 13-year streak at the top of the list. Amazon posted $717 billion in sales in 2025. Walmart, the largest company in the world for more than a decade, recorded $713 billion in sales

By Chris Isidore, CNN (CNN) — The day before Philip Siefke went shopping for a new car insurance policy, he happened to hit his brakes hard while driving. Not 24 hours later, when he priced a policy with Progressive, he was shocked to find the insurer already knew about that mundane experience. “I’m like, how

By Lisa Eadicicco, CNN (CNN) — AI is either your most helpful coworker, a glorified search engine or vastly overrated depending on who you ask. And no one seems to agree on which is right. Tech executives championing AI have long spun the narrative that the tech will revolutionize jobs and bring about a new

By Hanna Ziady, CNN London (CNN) — Nestlé has thawed on ice cream. The world’s biggest food and drinks maker said Thursday that it was in “advanced negotiations” to sell its remaining ice cream business to its joint venture partner, Froneri. The division, which includes brands such as Häagen-Dazs and Drumstick, is valued at just

CNN, MONA EDWARDS By Clare Duffy, Samantha Delouya, Veronica Miracle, CNN Los Angeles (CNN) — Meta CEO Mark Zuckerberg on Wednesday testified before a jury for the first time about accusations that social media, including Instagram, harm children’s mental health. Kaley, a 20-year-old woman, alleges Instagram and Google’s YouTube were intentionally designed to be addictive

By Clare Duffy, Samantha Delouya, Veronica Miracle, CNN Los Angeles (CNN) — Meta CEO Mark Zuckerberg on Wednesday testified before a jury for the first time about accusations that social media, including Instagram, harm children’s mental health. Kaley, a 20-year-old woman, alleges Instagram and Google’s YouTube were intentionally designed to be addictive — and that

By Alicia Wallace, CNN (CNN) — There’s a widening gap between the haves and the have-nots in the United States, and economists are increasingly sounding the alarm. Income inequality has expanded in a short timeframe, and various economic indicators – including rising delinquency rates – are flashing a warning sign. The “K-shaped” economic recovery may

By Elisabeth Buchwald, CNN (CNN) — National Economic Council Director Kevin Hassett said Wednesday that researchers at the New York Federal Reserve who produced a study finding American businesses and consumers are shouldering 90% of the cost of President Donald Trump’s tariffs should be “disciplined.” “It’s, I think, the worst paper I’ve ever seen in

By Brian Stelter, CNN (CNN) — A recent FCC inquiry to ABC about a possible “equal time” rule violation at “The View” raised concerns at CBS that “The Late Show with Stephen Colbert” could be targeted next, according to people familiar with CBS’s deliberations. The government pressure clearly had an impact. Lawyers for CBS contacted

By Hanna Ziady, CNN London (CNN) — Microsoft says it is on track to invest $50 billion by the end of the decade to help bring artificial intelligence to lower-income countries, as concerns mount over the technology’s potential to deepen inequality. The announcement was made Wednesday at the AI Impact Summit in New Delhi, where

By Matt Egan, CNN New York (CNN) — A growing wave of business leaders has had their careers derailed after the recent release of millions of files linked to convicted sex offender Jeffrey Epstein. Corporate America initially saw limited ramifications after the US Justice Department was forced to release some of the Epstein documents in

CNN By Brian Stelter, CNN (CNN) — Stephen Colbert taped a “Late Show” interview with James Talarico, a candidate in the Democratic Senate primary in Texas. But he says CBS lawyers intervened before the interview could air on TV. “We were told in no uncertain terms by our network’s lawyers, who called us directly, that

By Bryan Mena, John Towfighi, CNN New York (CNN) — Advances in AI are unlikely to push down interest rates in the short term, a key Federal Reserve official said Tuesday — a stark contrast to Fed Chair nominee Kevin Warsh’s plan for slashing borrowing costs. “I expect that the AI boom is unlikely to

By Brian Stelter, CNN (CNN) — Stephen Colbert taped a “Late Show” interview with James Talarico, a candidate in the Democratic Senate primary in Texas. But he says CBS lawyers intervened before the interview could air on TV. “We were told in no uncertain terms by our network’s lawyers, who called us directly, that we

By Gordon Ebanks, CNN (CNN) — As state legislatures around the country meet to solidify their budgets for the year ahead, the effects of the One Big Beautiful Bill Act and an uncertain economic future are pushing states to take a hard look at their finances. Fourteen states are facing budget deficits for the next

By Brian Stelter, CNN (CNN) — Warner Bros. Discovery wants to hear Paramount’s “best and final proposal” for the media company, and is opening a brief window for discussions about a bid, while also moving forward with its Netflix merger and urging shareholders to reject Paramount’s current hostile bid. If that sounds convoluted, that’s because

By Hanna Ziady, CNN London (CNN) — The European Union’s data privacy watchdog has launched an investigation into Elon Musk’s X over sexualized images generated by the social media site’s AI chatbot, Grok. The move adds to mounting regulatory pressure on X, which is also facing probes in France and the United Kingdom after thousands

By Clare Duffy, CNN New York (CNN) — Joann Bogard stood in a Capitol Hill hearing room two years ago and watched Mark Zuckerberg apologize to grieving parents who traced the deaths of their children to the online world he helped create. Parents packed the hearing room, holding photos of the children they had lost.

By Hadas Gold, CNN (CNN) — Dr. Alice Chiao used to teach emergency medicine to students at Stanford University’s medical school. Now, she’s teaching artificial intelligence-powered chatbots to think, diagnose and prescribe like her. Chiao is part of a booming new economy of professional experts in their fields who are training AI through a process

By Ramishah Maruf, CNN (CNN) — Billionaire Tom Pritzker announced on Monday he was retiring as executive chairman of Hyatt Hotels after his association with convicted sex offender Jeffrey Epstein was revealed in the latest release of files by the US Justice Department. Pritzker, who has been executive chairman since 2004, also said he won’t

By Hanna Ziady, CNN London (CNN) — AI chatbot providers, including ChatGPT and Grok, are facing a crackdown on illegal content in the United Kingdom, as the government promises swift action to make the internet safer for children. “Today we are closing loopholes that put children at risk, and laying the groundwork for further action,”

By John Towfighi, CNN (CNN) — When Howard Silverblatt first started working on Wall Street, the S&P 500 was at 99.77 points. The week before he retired, the benchmark index was up by 70 times that, to 7,000. That’s an eye-popping increase — but maybe not surprising, considering Silverblatt started his career on May 17,

By Jeanne Sahadi, CNN (CNN) — More than 50 million US private-sector employees don’t have access to a workplace retirement savings plan like a 401(k). But a growing number of states are now requiring most private-sector employers to provide what are known as “auto IRAs” if they don’t already offer a workplace plan. Each employee

By John Towfighi, CNN New York (CNN) — A sell-off rippled through software, real estate and trucking stocks this past week as investors worried artificial intelligence could upend some industries — and analysts say the white-knuckle drops might not be over yet. Software stocks bore the initial brunt of AI disruption nerves. But those fears

By Christian Edwards, CNN (CNN) — Hungary is buying Russian oil despite alternative supplies being available, according to a report that accuses Budapest of failing to pass down to consumers the savings it makes from buying cheap Russian fuels. Instead, the savings become profits for Hungary’s largest oil company, which is part-owned by foundations linked to Prime Minister Viktor Orbán, according to the report from the Center for the Study of Democracy (CSD), a European-based public policy

By Chris Isidore, John Liu, CNN (CNN) — Chinese cars could be at an American dealership sooner than you think, and that’s good news for US consumers. Chinese car companies make more vehicles than anyone else on Earth and export more as well. But high tariffs and hostile US-China trade relations have kept them out

By Michael Ballaban, CNN (CNN) — Big Bad Brody King stood in one corner, long gray-streaked beard jutting out, all hulking muscle and tattoos above his barbed-wire logo trunks. In the other corner, hair combed neatly back and beard tidily trimmed, stood Maxwell Jacob Friedman, the reigning All Elite Wrestling World Champion. With the two

By Julian Torres, CNN New York (CNN) — Not everyone loves the gooey, heart-shaped version of Valentine’s Day. Even for those who celebrate, the pressure to deliver the picture-perfect night can — quite frankly — stink. This Valentine’s Day, some nonprofits and businesses are siding with the jaded lovers of the world. Those skipping romance

By Ramishah Maruf, CNN (CNN) — Affordable beauty brand e.l.f. has unlocked something that’s mystified many retailers: how to win over the ever-persnickety Gen Z. E.l.f.’s formula has included low price points for high-quality items, TikTok-viral dupes of products from expensive brands, and popular marketing campaigns that manage not to make its youngest audience cringe.

By Hadas Gold, CNN (CNN) — AI company Anthropic announced this week it is giving $20 million to a political group campaigning for more regulation of the technology – but its main rival, OpenAI, is telling its employees it won’t be making similar donations. In a memo to staff on Thursday, OpenAI’s chief global affairs

By Jordan D. Brown, CNN (CNN) — Ring, the Amazon-owned video doorbell company, has canceled its partnership with technology firm Flock Safety, the company said Thursday. The termination comes after weeks of backlash over the partnership and Ring’s Super Bowl commercial last Sunday, which advertised a feature for finding lost pets that sparked concerns on

By Auzinea Bacon, CNN (CNN) — Wendy’s said Friday that it plans to shutter between 5% and 6% of its restaurants in the first half of the year. The closures are part of a previously announced turnaround plan, which the fast-food chain said in November would include closing hundreds of restaurants. Twenty-eight stores closed during

By Alicia Wallace, CNN (CNN) — A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly. However, certain details of the latest Consumer Price Index presented a more sobering picture: Some price pressures aren’t just persisting, they’re accelerating. The January CPI report capped off a week of new data

By Whitney Wild, Andi Babineau, CNN St. Paul, Minnesota (CNN) — Don Lemon pleaded not guilty Friday to federal charges stemming from his presence at a protest at a St. Paul, Minnesota, church last month. He appeared in court flanked by his attorneys, wearing a dark suit with a red tie and his signature black-framed

By Sana Noor Haq, CNN (CNN) — A tycoon from the United Arab Emirates whose intimate friendship with the late sex offender Jeffrey Epstein was revealed in the latest release of files by the US Justice Department has been replaced in his post as head of one of the world’s largest port operators. Sultan Ahmed

By Elisabeth Buchwald, CNN (CNN) — On the surface, the Trump administration’s bet on immigration and jobs seems like simple math: If a swath of workers are removed from the country, employers will need to turn to the workers still in the United States to backfill those jobs. That’s not what’s happening, though. American workers,

By Matt Egan, CNN New York (CNN) — Chocolate lovers are experiencing sticker shock this Valentine’s Day. Consumer prices for chocolate have spiked 14.4% year-over-year during the January 1 to early February window, according to market intelligence firm Datasembly. That’s a significant acceleration from the 7.8% price hike during the same period last year and

By Brian Stelter, CNN (CNN) — A version of this article first appeared in the Reliable Sources newsletter. You can sign up for free right here. Paramount CEO David Ellison returned to the White House last week to meet privately with President Donald Trump, amid Paramount’s ongoing hostile takeover bid for CNN and the rest

By Sophie Tanno, Anna Chernova, CNN (CNN) — Russia has confirmed that it has blocked instant messaging app WhatsApp in the country, instead directing Russian citizens to use its state-backed Max app. The news comes days after it emerged that Russian authorities were restricting access to Telegram, another instant messaging app that is used by

By Nathaniel Meyersohn, CNN New York (CNN) — Mayor Zohran Mamdani wants to tackle huge problems in New York City like housing, mass transit and child care. His starting point? Public bathrooms. There’s a shortage in New York —just one bathroom for every 8,500 residents. Many are musty and the toilets don’t flush. Some double

By Tami Luhby, CNN (CNN) — Laura Kotting figured her home heating bill would be higher than usual because of the recent polar temperatures. But she was not prepared for the latest monthly tab to jump nearly 30% to $200 compared to last year. “My first thought was ‘I’m not going shopping. I’m going to

By Jeanne Sahadi, CNN (CNN) — When it comes to their federal income tax returns, tens of millions of US households pay for tax preparation and filing. Yet many might qualify to do so for free through IRS-approved programs. So why don’t they use them? One reason might be the complexity of the tax code.

By Nathaniel Meyersohn, CNN New York (CNN) — Kraft Heinz is calling off its planned breakup and keeping the company together. The food giant that owns Kraft, Heinz, Oscar Meyer and Philadelphia cream cheese said last year that it was splitting its business in two. The company’s sales had slumped for years, and a breakup

By Chris Isidore, CNN (CNN) — You may not know what neodymium is (or even how to pronounce it). But you have plenty of it in your home. Neodymium is a rare earth, one of the minerals near the bottom of the periodic table that are crucial for everyday life. The element is among the

By John Towfighi, CNN New York (CNN) — US stocks were little changed Wednesday after new data showed the economy added 130,000 jobs in January, exceeding economists’ expectations. Stocks fluctuated between gains and losses. The Dow closed lower by 67 points, or 0.13%. The S&P 500 was flat. The tech-heavy Nasdaq Composite fell 0.16%. The

By Alicia Wallace, CNN (CNN) — US job growth was historically weak last year. And US job growth was significantly stronger than expected at the start of this year. In the January jobs report released Wednesday – a Schrödinger’s cat of employment snapshots – the seemingly opposed dynamics both held true. The US economy added