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By Jordan Valinsky, CNN New York (CNN) — Millions of people might be coping with extreme heat, but Starbucks is already getting ready for chilly fall temperatures with its most anticipated annual menu announcement. It could use the boost. The coffee chain revealed that its wildly popular Pumpkin Spice Latte beverage will return to menus

By Bill Kirkos, CNN (CNN) — The Windy City is getting a boost from “the pope economy.” Since Pope Leo XIV’s election in May, creative entrepreneurs across the globe have worked overtime to stamp his likeness on everything from baby onesies to a cold pint of beer. But the frenzy to own the pope’s likeness

By Vanessa Yurkevich, CNN New York (CNN) — First it was eggs, now it’s beef. The last time Americans likely noticed spiking prices at the grocery store was when eggs reached record-highs. Since then, egg prices have fallen after the deadly avian flu outbreak was contained and producers built back supply. Now, beef prices are

By Brian Stelter, CNN (CNN) — A sudden resurgence of interest in Jeffrey Epstein, and unanswered questions about his crimes, has been measurable this month in book sales, Netflix streams and YouTube searches. The data points to deep public curiosity in Epstein’s underage sex trafficking operation, and a possible government coverup, at a time when

By Lily Hautau, CNN (CNN) — One lucky Massachusetts man bought two winning lottery tickets at two different stores, earning him a $2 million payday. Paul Corcoran of Fitchburg, a small city in north-central Massachusetts, planned to play in the July 9 Powerball drawing. He had initially purchased a multi-draw ticket covering seven games but

WARNER BROS. PICTURES, PARAMOUNT PICTURES, UNIVERSAL PICTURES, COLUMBIA PICTURES, CNN By Auzinea Bacon, CNN (CNN) — Warner Bros. Pictures’ “Superman” flew past the competition for the second straight week, grossing an estimated $57.25 million to top the weekend box office. James Gunn’s reboot grossed $122 million in its opening weekend, according to data provided by

By Auzinea Bacon, CNN (CNN) — Warner Bros. Pictures’ “Superman” flew past the competition for the second straight week, grossing an estimated $57.25 million to top the box office this weekend. James Gunn’s reboot grossed $122 million in its opening weekend, according to data provided by Comscore. It has now grossed $235 million domestically and

By Jeanne Sahadi, CNN (CNN) — The US federal estate tax has come a long way since 2000, when the exemption level was set at $675,000. The amount has increased greatly over the past quarter century. Americans who die in 2025 may leave behind tax free to their heirs up to $13.99 million. That exemption

By Rosa de Acosta, CNN (CNN) — America’s love for coffee has made the dark brewed beverage the most popular drink in the country. US adults drink 516 million cups of coffee every day, even though coffee prices have almost doubled in the past five years. The United States is the largest importer of coffee

CNN By Alli Rosenbloom, CNN (CNN) — Coldplay frontman Chris Martin made sure to give concertgoers plenty of notice that they may appear on their video screens during the “Jumbotron Song” at their show Saturday night. “We’d like to say hello to some of you in the crowd,” Martin said on stage at Camp Randall

By Auzinea Bacon, CNN (CNN) — Andy Byron, the chief executive of New York-based tech company Astronomer, has resigned from his role after he was spotted embracing an employee at a Coldplay concert, according to a statement shared with CNN on Saturday. Astronomer’s board of directors accepted Byron’s resignation and will begin searching for its

By Tami Luhby, CNN New York (CNN) — As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest rates. “You have cost the USA a fortune and continue to do so,” Trump

By Brian Stelter, CNN (CNN) — President Trump’s lawsuit against journalist Bob Woodward and his publishing house Simon & Schuster was dismissed by a federal judge on Friday, the same day that Trump filed a new and unrelated suit against the Wall Street Journal. US District Judge Paul Gardephe of the Southern District of New

By Auzinea Bacon, CNN (CNN) — Raging wildfires and severe storms contributed to record-high global insurance losses — totaling an estimated $84 billion — for the first six months of the year, according to a report from reinsurance broker Gallagher Re. It has been the costliest first six months of a year since 2011, when

By Chris Isidore, CNN (CNN) — The Trump administration is imposing a substantial tariff on a raw material that is critical for electric vehicle batteries, which could significantly raise the cost of building EVs in the United States. The Commerce Department announced a 93.5% tariff on Chinese graphite Thursday, accusing the country of “dumping” the

By Brian Stelter, CNN (CNN) — From the outside, the idea made no sense at all. Why would a broadcast network cancel one of its best-known shows that ranks number one in its time slot? But on the inside, at CBS, there were several plausible answers to that question. While “The Late Show” host Stephen

By Amarachi Orie, CNN (CNN) — Tech giant Meta has apologized and said it has fixed an auto-translation issue that led one of its social media platforms to mistakenly announce the death of Indian politician Siddaramaiah. The chief minister of the southwestern Indian state of Karnataka posted on Instagram Tuesday in the local Kannada language,

By John Towfighi and Bryan Mena, CNN New York/Washington (CNN) — If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets. For now, the likelihood of the president actually moving to oust the head of the central

By Brian Stelter and Liam Reilly, CNN (CNN) — President Trump is vowing to sue the Wall Street Journal and owner Rupert Murdoch over the outlet’s bombshell story detailing a 2003 birthday letter to Jeffrey Epstein bearing Trump’s name and a drawing of a naked woman. “I told Rupert Murdoch it was a Scam, that

By Bryan Mena, CNN Washington (CNN) — A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers pushing to keep rates steady. Fed Governor Christopher Waller, at a New York event, said

CNN By Brian Stelter, CNN (CNN) — From the outside, the idea made no sense at all. Why would a broadcast network cancel one of its best-known shows that ranks number one in its time slot? But on the inside, at CBS, there were several plausible answers to that question. While “The Late Show” host

By Brian Stelter and Dan Heching, CNN (CNN) — In a shocking move, CBS is ending “The Late Show with Stephen Colbert” next year, and apparently exiting the late-night television business altogether. The network, citing financial pressures, said the cancellation will take effect in May 2026, the normal end of the broadcast TV season. The

By Ramishah Maruf, CNN New York (CNN) — Water beads have long been criticized for being dangerous, even fatal, for kids. Now two members of a government watchdog are tearing into a decision by the acting chair of the body to delay a final ruling on the toys. For years, the Consumer Product Safety Commission,

By Bryan Mena, Lucy Bayly and Samantha Delouya, CNN (CNN) — Federal Reserve Chair Jerome Powell responded by letter Thursday to a senior Trump administration official who accused the head of the central bank of mismanaging an “ostentatious overhaul” of its Washington, DC, headquarters. Russell Vought, director of the Office of Management and Budget, suggested

By Lisa Eadicicco, CNN (CNN) — OpenAI on Thursday announced a new feature for ChatGPT that allows the popular chatbot to execute actions on a user’s behalf. It’s part of an industry-wide push to change the way people get things done on the Internet: Tech giants hope that instead of bouncing between apps and manually

By Andrew Kaczynski and Brian Stelter, CNN (CNN) — A top oversight Democrat sent a letter on Thursday to Fox Corp chairman Lachlan Murdoch and Fox News Media CEO Suzanne Scott demanding answers about Fox’s editing of a Donald Trump interview from June 2024 concerning Jeffrey Epstein — an edit they say both misled the

Story by Reuters (Reuters) — Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8 billion for the damage they allegedly caused the company by allowing repeated violations of Facebook users’ privacy, a lawyer for the shareholders told a Delaware judge on Thursday. The parties

By Bryan Mena, CNN Washington (CNN) — Americans are still opening their wallets, even as President Donald Trump’s tariffs start to take a bite. Retail sales rose 0.6% in June from the prior month, the Commerce Department said Thursday, rebounding from the steep 0.9% decline in May. June’s number was much stronger than the 0.2%

By Brian Stelter, CNN (CNN) — Public television stations will be “forced to make hard decisions in the weeks and months ahead,” PBS CEO Paula Kerger said Thursday, after lawmakers advanced a bill that cancels all the federal funding for the network and for NPR. Radio and TV stations may need to lay off staffers

By John Towfighi, CNN New York (CNN) — Copper is at the core of the American economy. It’s in the wires of our pervasive electronics, in the walls of homes and in the engines of cars. Experts say President Donald Trump’s plan for tariffs on the red metal could stymy the goal of boosting American

By Samantha Delouya, CNN (CNN) — Joe Dalesandro didn’t expect to keep his mortgage rate at 6.99% for very long when he purchased a new home with his girlfriend last summer in Myrtle Beach, South Carolina. He’d refinance soon, he reasoned. He was wrong. “We always thought they would go down, and fairly quickly,” Dalesandro

By John Towfighi, CNN New York (CNN) — President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street — but fueling concerns about the long-term health of the US economy, investors say. The “One Big Beautiful Bill,” which Trump signed into law on July 4, is a positive for investors

By John Liu, CNN Hong Kong (CNN) — China has put export restrictions on technologies critical for producing electric vehicle batteries, in a move to consolidate its dominance in the sector that has contributed to the country’s lead in the global EV race. Several technologies used to manufacture EV batteries and process lithium, a critical

By Betsy Klein, CNN (CNN) — President Donald Trump announced what could be refreshing news to some Americans on Wednesday: thanks to him, Coke is changing its American recipe. “I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so. I’d like

Story by Reuters (Reuters) — Canadian retailer Alimentation Couche-Tard on Thursday pulled its $47 billion bid to buy Seven & i Holdings, citing a lack of constructive engagement by the Japanese retailer. The surprise move ends what could have been the largest foreign takeover of a Japanese company as Circle K operator Couche-Tard sought to

By Jordan Valinsky, CNN New York (CNN) — Diageo, the world’s biggest spirits maker, announced Wednesday that CEO Debra Crew is stepping down by “mutual agreement” after just two years in the role. The abrupt change comes amid sluggish sales across the alcohol industry, which has also affected Diageo brands Johnnie Walker whiskey, Casamigos tequila

By Alicia Wallace, CNN (CNN) — US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid President Donald Trump’s hefty tariffs on global trading partners. However, a steep drop-off in travel and other services camouflaged an increase in the cost of goods. The Producer Price Index, which measures

By Brian Stelter, CNN (CNN) — PBS and NPR stations are on the verge of losing the federal funding that has helped keep them on the air for decades. The Senate and the House have passed a rare measure called a “rescission,” which would claw back money that was already budgeted by Congress, including nearly

By Clare Duffy, CNN New York (CNN) — For Silicon Valley giants, getting ahead in the artificial intelligence race requires more than building the biggest, most capable models; they’re also competing to get third-party developers to build new applications based on their technology. Now, Meta is teaming up with Amazon’s cloud computing unit, Amazon Web

By Tami Luhby, CNN (CNN) — Battered by multiple years of high health care costs, employers are planning to shift more of the expense to workers in 2026, a new survey released Wednesday found. Just over half of employers are planning to adjust their health insurance offerings to increase staffers’ share of the cost, such

By John Liu, CNN (CNN) — The United States has launched an investigation into “unfair” trading practices by Brazil, escalating President Donald Trump’s spat with the world’s 10th-largest economy over issues including the criminal case against its former President Jair Bolsonaro. The investigation will focus on digital trade and electronic payment services, preferential tariffs, and

By Ramishah Maruf and Bryan Mena, CNN CNN (CNN) — President Donald Trump suggested that a $2.5 billion renovation plan at the Federal Reserve might be sufficient cause to fire Fed Chair Jerome Powell, an escalation of his recent attacks against the central banker. “I think he’s terrible… But the one thing I didn’t see

By Lisa Eadicicco, CNN (CNN) — President Donald Trump on Tuesday announced an investment of more than $90 billion from private companies across tech, energy and finance to turn Pennsylvania into a hub for artificial intelligence — a technology that’s expected to upend everything from the economy to health care and education. The announcement was

By Brian Stelter and Andrew Kirell, CNN (CNN) — Fall in line, or keep fighting for answers? That’s the rift in right-wing media now. Fox News has taken President Trump’s plea for his allies to stop talking about Jeffrey Epstein almost literally. But many other conservative media influencers and outlets are still heavily scrutinizing the

By Lisa Eadicicco, CNN (CNN) — Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones domestically. As part of the partnership announced on Tuesday, Apple committed to buying rare earth magnets directly from MP

By Elisabeth Buchwald, CNN Washington (CNN) — President Donald Trump said Tuesday the United States has reached a trade agreement with Indonesia, after negotiations Jakarta described as an “extraordinary struggle.” The deal will see the US impose a 19% tariff on Indonesia’s exports, a reduction from the 32% Trump had initially threatened to impose on

By Chris Isidore, CNN (CNN) — Tesla has started selling cars in India, the world’s most populous country – but at a hefty price tag. Tesla, which is facing slumping sales and complications from CEO Elon Musk’s political entanglements, opened its first showroom in Mumbai on Tuesday. The company needs to boost its sales, and

By Alicia Wallace, CNN (CNN) — US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch. Consumer prices rose 0.3% last month, pushing the annual inflation rate higher to 2.7%, the highest since February, according to the

By Jeanne Sahadi, CNN (CNN) — “Never mind. Pretend like nothing ever happened.” That might as well have been the text of one provision in President Donald Trump’s mega tax-and-spending-cuts package that reverses more stringent tax-reporting requirements for payment apps when it comes to telling the IRS how much small businesses and freelancers are taking

By Tami Luhby, CNN (CNN) — Americans’ unpaid medical bills will remain on their credit reports after a federal judge last week vacated a Biden-era Consumer Financial Protection Bureau (CFPB) rule that would have removed such debt. Judge Sean Jordan of the US District Court of Texas’ Eastern District found that the rule exceeded the

By Lisa Eadicicco and Clare Duffy, CNN New York (CNN) — Two research analysts made waves last week when they called for a major shakeup at tech giant Apple. The analysts weren’t suggesting a logo or product redesign. Instead, they called for the replacement of Tim Cook, the CEO who directly succeeded Steve Jobs in

By Clare Duffy, CNN American chipmaking giant Nvidia (NVDA) says it plans to resume sales to China of an artificial intelligence chip that’s become part of a global race pitting the world’s biggest economies against each other. The company’s announcement on Monday comes after Nvidia CEO Jensen Huang met with President Donald Trump at the

By John Liu, CNN Hong Kong (CNN) — China reported better-than-expected economic growth for the second quarter in the face of an ongoing trade war with the United States, as diversification efforts to non-US markets buoyed exports. Gross domestic product (GDP) expanded 5.2% in the second quarter from the same period a year earlier, according

By Vanessa Yurkevich, CNN (CNN) — The Port of Los Angeles rebounded in June for a record-breaking month as importers raced to get cargo into the port before the “reciprocal” tariff pause ended July 9, port executive director Gene Seroka announced Monday. President Donald Trump has since pushed that deadline to August 1. The Port

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump expanded his tariff threats over the weekend, calling for 30% levies on two of America’s largest trading partners: the European Union and Mexico. Those tariffs are set to take effect August 1, unless either party inks a trade deal or takes other measures that cause the

By Jordan Valinsky, CNN New York (CNN) — Between extreme weather and noisy stadiums, coaching a football game can be difficult. So, the NFL and Sony are listening to coaches to design new, custom-built headsets that can function best under tough conditions. The league announced Monday it was furthering its technology partnership with Sony, creating

By Bryan Mena, CNN Washington (CNN) — Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ongoing $2.5 billion renovation of the institution’s headquarters that has drawn fire from President Donald Trump and others, according to a source familiar with the matter. Powell made the

By Clare Duffy, CNN New York (CNN) — Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup xAI, the billionaire said Sunday. “If it was up to me, Tesla would have invested in xAI long ago,” Musk said in a post on his social media platform

By Anna Cooban and James Frater, CNN London (CNN) — The European Union has warned that its trade with the United States could be effectively wiped out if Washington makes good on its threat to slap a 30% tariff on goods imported from the bloc. A tariff of “30%, or anything above 30%… has more

By Issy Ronald, CNN (CNN) — Elmo’s X account was hacked on Sunday, causing the beloved “Sesame Street” character to appear to post expletive-filled antisemitic rants and anti-Trump statements. The posts have since been deleted, but widely circulated screenshots show Elmo apparently calling for violence against Jews and calling for the release of files related

By Auzinea Bacon, CNN (CNN) — With the rising popularity of streaming services and increasing costs of attending a movie — from tickets to refreshments — movie theater attendance has suffered. AMC is trying to change that with 50% ticket discounts on Tuesdays, the most popular moviegoing day, as well as on Wednesdays. AMC CEO

By Samantha Delouya and Elisabeth Buchwald, CNN (CNN) — In the days after Zohran Mamdani won the Democratic primary for mayor of New York City last month, Jay Batra, a real estate broker in the city, felt his business take a hit. Two separate clients working with Batra to buy multimillion dollar properties in Manhattan

By Auzinea Bacon, CNN (CNN) — It was “up, up and away” for James Gunn’s “Superman” reboot, which finished No. 1 at the box office with a $122 million opening weekend. Warner Bros. Pictures’ latest blockbuster beat early estimates of around $90 million for the weekend and surpassed last weekend’s top hit “Jurassic World Rebirth,”

By Natasha Chen and Norma Galeana, CNN (CNN) — If tomato prices jump because of new tariffs on the Mexican-grown produce, restaurant owner Teresa Razo says her businesses could go bust. “I give it three months, and then we go bankrupt,” said Teresa Razo, owner of two Argentine-Italian restaurants in Southern California. A nearly three-decade-old

By Auzinea Bacon, CNN (CNN) — America’s plan to “re-industrialize” technology manufacturing is “exactly the right thing,” said Jensen Huang, CEO of the world’s leading AI chipmaker. In an interview with CNN’s Fareed Zakaria, Huang, who heads the Santa Clara, California-based Nvidia, said the United States should invest in manufacturing and is currently “missing that

By Anna Cooban and James Frater, CNN (CNN) — The European Union will delay the implementation of its trade countermeasures against the United States from Monday until early August to allow more time to negotiate a deal. At a news conference on Sunday, Ursula von der Leyen, president of the European Commission, referenced the letter

By Ramishah Maruf, CNN New York (CNN) — Every piece of gold that Farzana Ghani owns holds a memory. She has intricate jewelry sets from her mother-in-law from her wedding in Pakistan; a gold chain gifted from her mother after she performed the Hajj, the Muslim pilgrimage; and gold coins to celebrate her daughter’s birth.

By John Towfighi, CNN (CNN) — Editor’s note: Watch CNN Original Series “Billionaire Boys Club,” detailing the greed-fueled landscape of 1980s Los Angeles where a group of young, ambitious men set out to make their fortune — but their lavish dreams quickly spiral into a web of deception, fraud and murder. It’s the 1980s, and

By Hadas Gold, CNN (CNN) — Elon Musk’s artificial intelligence company xAI issued a lengthy apology Saturday for a series of violent and antisemitic posts from its Grok chatbot this week, blaming a system update. “First off, we deeply apologize for the horrific behavior that many experienced,” the company wrote. xAI says a system update

By Auzinea Bacon, CNN (CNN) — It’s not a bird or a plane — it’s the latest “Superman” movie soaring towards the top of the box office. Warner Bros. Pictures’ “Superman” grossed an estimated $56.5 million domestically on Friday, on top of $22.5 million in Thursday previews. The 1938 comic book character, which began as

CNN By Auzinea Bacon, CNN (CNN) — It was “up, up and away” for James Gunn’s “Superman” reboot, which finished No. 1 at the box office with a $122 million opening weekend. Warner Bros. Pictures’ latest blockbuster beat early estimates of around $90 million for the weekend and surpassed last weekend’s top hit “Jurassic World

By Auzinea Bacon, CNN (CNN) — President Donald Trump on Saturday threatened duties of 30% on products from Mexico and the European Union, two of America’s biggest trading partners, in an ongoing tariff campaign that’s upended global trade since he retook office in January. “The United States of America has agreed to continue working with

By Jeanne Sahadi, CNN (CNN) — A typical 401(k) plan only offers stock and bond funds that invest in publicly traded companies. But private companies — traditionally the domain of institutional and high-net-worth investors — have become a significant part of the overall investing market. Do they belong as an option in workplace retirement plans,

By Liam Reilly, CNN (CNN) — Virtual reality was supposed to transform entertainment. At least, that was the expectation roughly a decade ago with the arrival of the Oculus Rift, the first virtual reality (VR) headset that many believed would push VR into the mainstream. In 2025, the industry has failed to deliver on that

By Auzinea Bacon, CNN (CNN) — The chief executive of the world’s leading chipmaker warned that while artificial intelligence will significantly boost workplace productivity, it could lead to job loss if industries lack innovation. “If the world runs out of ideas, then productivity gains translates to job loss,” said Nvidia CEO Jensen Huang in an

By Brian Stelter, CNN (CNN) — Paramount’s owner-in-waiting, David Ellison, met with journalist entrepreneur Bari Weiss on Friday about a possible tie-up between CBS News and her startup The Free Press. The pair met on the sidelines of an annual gathering of media moguls in Sun Valley, Idaho, according to people with knowledge of the

By Jordan Valinsky, CNN New York (CNN) — Bad Bunny’s two-month residency is expected to be good business for the once-bankrupt Puerto Rico. On Friday, the musician kicks off a 30-date concert run in what’s a normally slow time for tourism on the island. However, the Puerto Rican-born superstar, whose real name is Benito Antonio

By John Towfighi, CNN New York (CNN) — US stocks fell on Friday after President Donald Trump threatened a 35% tariff on Canada — a sharp escalation in an ongoing trade war. The Dow closed lower by 279 points, or 0.63%. The broader S&P 500 fell 0.33% and the tech-heavy Nasdaq Composite dropped 0.22%. Stock

By Elisabeth Buchwald, CNN (CNN) — Many economists already believe it’s a matter of time before Americans start to see sticker shock from the tariffs President Donald Trump has enacted. That timeline could speed up even more if Trump follows through with his latest package of tariff threats slated to take effect in three weeks.

By Matt Egan, CNN New York (CNN) — President Donald Trump’s shock-and-awe tariff campaign is off to a slow start when it comes to reviving American manufacturing jobs. While it will take time for the full impact to play out, the early results suggest that not only have tariffs failed to inspire a hiring boom,

CNN By Elisabeth Buchwald, CNN (CNN) — US President Donald Trump on Wednesday threatened Brazil with a crippling tariff of 50% starting August 1, according to a letter he sent to the country’s president, Luiz Inácio Lula da Silva. In the letter posted on Truth Social, Trump alleged Lula is undertaking a “Witch Hunt that

By Jeanne Sahadi, CNN (CNN) — For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law. The new law lifts what had been a $10,000 cap to $40,000 for tax year 2025 and then

By Lisa Eadicicco, CNN New York (CNN) — Samsung is looking into new wearable devices, potentially including earrings and necklaces, amid an industry-wide push to develop new types of AI-powered consumer electronics. AI could enable a new wave of devices that allow users to communicate and get things done more quickly without having to take

CNN, POOL, X By Samantha Delouya and Kristen Holmes, CNN (CNN) — The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday. Just two weeks after President Donald Trump sent a handwritten letter to Powell demanding lower interest rates, Russell Vought, Trump’s director of the Office of Management and

By Luciana Lopez, Elisabeth Buchwald and Lex Harvey, CNN (CNN) — President Donald Trump late Thursday threatened a 35% tariff on goods imported from Canada, a dramatic escalation in an on-again, off-again trade war with America’s northern neighbor and one of its most important trading partners. And, in a separate NBC News interview, he suggested

By Samantha Delouya and Kristen Holmes, CNN (CNN) — The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday. Just two weeks after President Donald Trump sent a handwritten letter to Powell demanding lower interest rates, Russell Vought, Trump’s director of the Office of Management and Budget (OMB), accused

By Chris Isidore, CNN (CNN) — Tesla finally announced the date of its annual meeting, after dozens of angry shareholders asked what was taking it so long. A group of Tesla shareholders Wednesday sent a letter to the company demanding it schedule an annual meeting, as legally required. On Thursday, Tesla did just that, setting

By Sam Hudson, CNN London (CNN) — London’s Heathrow Airport is hoping to get travelers into the holiday mood this summer with a soundtrack of real-life jet engines, lift dings and baggage sirens. Created by Grammy-nominated Jordan Rakei, “Music for Heathrow” is the first track to be made entirely with sounds recorded from an airport,

By Jordan Valinsky, CNN New York (CNN) — Nutella maker Ferrero Group is buying cereal giant WK Kellogg Co in a $3.1 billion deal. Shares of WK Kellogg (KLG) jumped more than 30% in early trading. Ferrero said that it “plans to invest in and grow” the Kellogg business, which includes 14,000 employees and 22

By Brian Stelter, CNN (CNN) — Since the start of the century, the number of journalists working in the United States has declined by more than 75 percent, according to a new report detailing “severe shortages” in local news. “Stunningly, more than 1,000 counties — one out of three — do not have the equivalent

By Alicia Wallace, CNN (CNN) — Layoffs may not be mounting, but it’s getting harder to find a job in a labor market where hiring is “anemic” as tariff-driven economic uncertainty has put a chill on some employers. New data released Thursday showed that initial claims for unemployment benefits — considered a proxy for layoffs

By Jordan Valinsky, CNN New York (CNN) — McDonald’s Snack Wrap is finally returning to menus, going on sale Thursday in the chain’s latest push to revive slumping sales. Despite being pulled from a majority of menus in 2016, the Snack Wrap has remained a fan favorite, with thousands of people demanding McDonald’s bring it

By Allison Morrow and Lisa Eadicicco, CNN New York (CNN) — Grok, the chatbot created by Elon Musk’s xAI, began responding with violent posts this week after the company tweaked its system to allow it to offer users more “politically incorrect” answers. The chatbot didn’t just spew antisemitic hate posts, though. It also generated graphic

By Alicia Wallace, CNN (CNN) — Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs on most goods that come into America will deliver a taxing blow to consumers via higher prices. However, recent months’ economic data has shown that overall inflation has remained fairly tame. Trump

CNN, POOL, SEE PREFONTS By Alicia Wallace, CNN (CNN) — Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs on most goods that come into America will deliver a taxing blow to consumers via higher prices. However, recent months’ economic data has shown that overall inflation has

By Chris Isidore, CNN (CNN) — Crissy and Avi Eliashar bought their home in Jonestown, Texas, 13 years ago. They never had a problem with flooding until water washed away their home, car and all their possessions early Saturday morning. Avi, a security guard, was at work when the water rapidly filled their mobile home.

By Nayeli Jaramillo-Plata, CNN (CNN) — America’s toy prices could rise later this year, particularly if higher tariffs take effect, Hasbro CEO Chris Cocks told CNN’s Audie Cornish, host of “The Assignment” podcast. Cocks said on this week’s episode of “The Assignment” that America’s current 30% minimum tariffs on China and apparent agreement to place

By Ramishah Maruf, CNN New Yorks (CNN) — Shares of WK Kellogg, the cereal maker behind Froot Loops and Frosted Flakes, skyrocketed as high as 50% after the Wall Street Journal reported Wednesday that Ferrero was nearing acquiring the company for $3 billion. The Wall Street Journal reported the deal, in which the Nutella and

By Elisabeth Buchwald, CNN (CNN) — US President Donald Trump on Wednesday threatened Brazil with a crippling tariff of 50% starting August 1, according to a letter he sent to the country’s president, Luiz Inácio Lula da Silva. In the letter posted on Truth Social, Trump alleged Lula is undertaking a “Witch Hunt that should

By Nathaniel Meyersohn, CNN New York (CNN) — Cancelling your gym membership isn’t likely to become easier anytime soon. A US appeals court on Tuesday blocked a rule that would have required businesses to make it as easy for consumers to cancel subscriptions and memberships as it is to sign up. That includes everything from