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Coinbase says SEC will drop case that ‘could have killed the crypto industry in America’

By David Goldman and Robert Ilich, CNN (CNN) — Coinbase, America’s largest cryptocurrency exchange, said Friday that the Trump administration has agreed to drop a major lawsuit that would have broad ramifications for the crypto industry. It comes as the new Trump administration has promised to deregulate digital currencies like bitcoin. The Securities and Exchange

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After a string of incidents, some flyers are sticking with a surprising carrier: Spirit

By Ramishah Maruf, CNN New York (CNN) — Oh, Spirit. Travelers frequently bemoan the ultra-budget airline’s tiny seats, frequent delays, baggage fees, and lack of complementary snack and drinks. People love meme-ing the carrier, at the bare-minimum treatment on Spirit’s distinctive yellow planes. But online, the tides have been turning in favor of the company

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Walmart warns of a slower 2025. That’s a bad sign for America’s economy

By Nathaniel Meyersohn, CNN New York (CNN) — During America’s inflation crisis, shoppers have flooded to Walmart for groceries and clothing, looking for good deals on all manner of essentials. But Walmart said Thursday 2025 will be trickier as consumers grow increasingly frustrated with inflation and concerned about President Donald Trump’s tariffs. Walmart warned Thursday

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The Trump administration is reversing Biden policies everywhere. But it’s keeping this one

By Nathaniel Meyersohn, CNN New York (CNN) — President Donald Trump’s administration wants to roll back virtually all of former president Joe Biden’s policies. So it may come as a surprise that the Trump administration is keeping a key Biden framework designed to rein in Corporate America. New Federal Trade Commission Chair Andrew Ferguson said

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Trump’s social media company is suing a Brazilian Supreme Court justice involved in Bolsonaro’s indictment

By Hadas Gold, CNN (CNN) — President Donald Trump’s media company is suing a Brazilian Supreme Court Justice in an unusual case that involves First Amendment concerns, international law and internal Brazilian politics. Trump Media and Technology Group, which runs Trump’s preferred social media platform Truth Social, has joined forces with conservative-leaning social media company

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KFC is leaving Kentucky

By Jordan Valinsky, CNN New York (CNN) — KFC, the fast food chain formerly known as Kentucky Fried Chicken, is leaving the state where it all began. The chicken chain’s parent company, Yum Brands, announced Tuesday that KFC’s corporate headquarters is leaving Kentucky for Texas, joining sister brand Pizza Hut’s offices in the Dallas suburb

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America’s largest mortgage insurer denies report that its staff will be halved. Here’s what it does

By Samantha Delouya, CNN (CNN) — Federal layoffs may soon come for America’s largest mortgage insurer, a powerful engine of the country’s housing market. On Tuesday, Bloomberg reported that President Donald Trump’s administration plans to lay off at least 40% of the workers at the Federal Housing Administration (FHA). However, a government spokesperson denied plans

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The ‘Wayback Machine’ is preserving the websites Trump’s White House took down

By Matthew Kaufman, CNN (CNN) — The White House has ordered thousands of government web pages to be taken down over the past month, leaving virtually no trace of some federal agencies’ policies regarding critical topics such as sexual orientation, January 6 cases and discrimination. Since President Donald Trump’s second inauguration, the government’s mass removal

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New real estate rules threatened to upend homebuying for Americans. Here’s what experts say has changed

By Samantha Delouya, CNN (CNN) — Last summer, rule changes from the National Association of Realtors, the powerful real estate trade organization, threatened to upend the way Americans buy and sell homes. Some experts predicted the 6% commission, the unofficial fee for buying or selling a home, would be finished. Now, six months later, as

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What’s open and closed on Presidents Day

By Ramishah Maruf, CNN New York (CNN) — Many Americans enjoy a day off on the third Monday of February every year. That’s because it’s Presidents Day, officially named Washington’s Birthday in honor of America’s first president, George Washington (his actual birthday is February 22). The federal holiday has broadened to commemorate President Abraham Lincoln,

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In from the cold? Alibaba co-founder Jack Ma spotted among top tech bosses who met China’s Xi

By John Liu, CNN Hong Kong (CNN) — Chinese leader Xi Jinping hosted Alibaba co-founder Jack Ma and the country’s top tech executives in Beijing on Monday, in a meeting that signals officials could be steering the country in a more business-friendly direction after a yearslong regulatory crackdown. Besides Ma, the other tycoons in attendance

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Elon Musk’s dream comes true: The federal board that protects workers does not exist, at least for now

By Chris Isidore, CNN New York (CNN) — The National Labor Relations Board, the independent agency that is supposed to enforce labor laws for most American workers, has been essentially shut down after President Donald Trump fired one of its board members, leaving it without the quorum it needs to function. The NLRB oversees elections

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Federal prosecutors drop criminal probe into ex-WWE boss Vince McMahon, his lawyer says

By Liam Reilly, CNN (CNN) — Federal prosecutors have ended their criminal investigation into whether former World Wrestling Entertainment CEO and chairman Vince McMahon tried to cover up allegations of sexual misconduct with multiple former employees, his lawyer said Tuesday. “We have been in consistent communication with the government … and understand, with no ambiguity,

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AI giants Baidu, OpenAI offer their chatbots for free in response to DeepSeek’s advance

By John Liu, CNN Hong Kong (CNN) — Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models. Ernie Bot, the Beijing-based company’s AI chatbot with premium features like AI painting, will be available to both mobile

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Excessive regulation could ‘kill’ AI industry, JD Vance tells government leaders at Paris summit

By Olesya Dmitracova, CNN London (CNN) — The United States believes that overzealous rulemaking could “kill” the artificial intelligence industry, US Vice President JD Vance said Tuesday, taking Donald Trump’s fight against curbs on AI development to a global stage. “We believe that excessive regulation of the AI sector could kill a transformative industry just

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