TikTok is owned by a Chinese company. So why doesn’t it exist there?
By Jessie Yeung and Selina Wang, CNN TikTok is fighting to stay alive in the United States as pressure builds in Washington to ban the app if its…
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TikTok collects a lot of data. But that’s not the main reason officials say it’s a security risk
By Brian Fung, CNN After TikTok CEO Shou Chew testified for more than five hours on Thursday before a Congressional committee, one thing was clear:…
Continue Reading Everyone in Washington is talking about a TikTok ban. But is it really a national security threat?
By Brian Fung, CNN After TikTok CEO Shou Chew testified for more than five hours on Thursday before a Congressional committee, one thing was clear:…
Continue Reading Deutsche Bank, UBS stocks sink as fear of European banking crisis returns
By Anna Cooban, CNN Europe’s banking stocks tumbled Friday as investors acted on their lingering worries that the recent crises at some banks…
Continue Reading India’s parliament strips Rahul Gandhi of lawmaker status after defamation conviction
By Manveena Suri and Rhea Mogul, CNN The former leader of India’s main opposition political party has been disqualified as a lawmaker, a day…
Continue Reading Chinese authorities close Beijing offices of US Mintz Group detaining five local staff
By Sandi Sidhu and Chris Lau, CNN Chinese authorities have closed the Beijing office of Mintz Group, an American corporate due diligence firm, and…
Continue Reading Russia can’t meet India arms deliveries due to Ukraine war, Indian Air Force says
By Rhea Mogul, CNN Russia is unable to honor its arms delivery commitments to India because of the war in Ukraine, the Indian Air Force (IAF) said,…
Continue Reading China says it ‘firmly opposes’ a potential forced sale of TikTok
By Laura He, CNN China said it would “firmly oppose” any forced sale of TikTok, in its first direct response to demands by the Biden…
Continue Reading China says it ‘firmly opposes’ a potential forced sale of TikTok
By Laura He, CNN China said it would “firmly oppose” any forced sale of TikTok, in its first direct response to demands by the Biden…
Continue Reading Interpol confirms arrest of crypto fugitive Do Kwon in Montenegro
By Yoonjung Seo, AnneClaire Stapleton and Josh Pennington, CNN Interpol says a man arrested in Montenegro is Kwon Do-hyeong, also known as Do Kwon,…
Continue Reading Utah governor signs bill requiring teens to get parental approval to join social media sites
By Samantha Murphy Kelly, CNN The governor of Utah signed a controversial bill on Thursday that will require minors to obtain the consent of a…
Continue Reading Unions at Disney World win 37% pay hikes in tentative labor deal
By Chris Isidore and Vanessa Yurkevich, CNN About 32,000 hourly workers at Disney World will get raises equal to $3 an hour by the end of the year,…
Continue Reading Man targeted by January 6 conspiracists demands retraction from Fox News and Tucker Carlson over ‘lies’
By Oliver Darcy and Marshall Cohen, CNN An attorney for Ray Epps, the Arizona man that January 6 conspiracy theorists falsely claim led an FBI plot…
Continue Reading Good news for homebuyers. Mortgage rates just dropped again
By Anna Bahney, CNN Mortgage rates dropped again this week for the second week in a row amid lingering concerns about bank failures and uncertainty…
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States with the largest tax refunds
SmartAsset analyzed the average dollar amount of 2021 federal tax refunds for each state to determine where taxpayers receive the largest…
Continue Reading Short-seller Hindenburg targets Jack Dorsey’s Block
By Nicole Goodkind, CNN Shares of Block, the company behind Cash App, plunged by 20% Thursday morning after the release of a searing report from…
Continue Reading Startup’s 3D-printed rocket delivers stunning night launch but fails to reach orbit
By Jackie Wattles, CNN Startup Relativity Space sent what it’s calling the “world’s first 3D-printed rocket” toward space on…
Continue Reading Startup’s 3D-printed rocket delivers stunning night launch but fails to reach orbit
By Jackie Wattles, CNN Startup Relativity Space sent what it’s calling the “world’s first 3D-printed rocket” toward space on…
Continue Reading China approves its first mRNA Covid-19 vaccine
By Juliana Liu China has approved its first Covid-19 vaccine based on mRNA technology, months after the country lifted strict pandemic measures. The…
Continue Reading Bank of England hikes interest rates again following inflation shock
By Hanna Ziady, CNN The Bank of England hiked interest rates by a quarter of a percentage point Thursday, extending its long-running fight to rein in…
Continue Reading Ford to lose $3 billion from EV sales to consumers this year
By Chris Isidore, CNN Ford said it will lose $3 billion on its sales of electric vehicles to consumers this year, but it still expects to hit the…
Continue Reading GM to stop making Chevy Camaro, leaving muscle car’s future uncertain
By Peter Valdes-Dapena, CNN General Motors announced Wednesday that it’s ending production of the latest generation of the Chevrolet Camaro,…
Continue Reading Spotify removes Bollywood song catalog in licensing dispute
By Anna Cooban Bollywood fans have been left without access to hundreds of their favorite tunes on Spotify because of a licensing dispute. Spotify…
Continue Reading Accenture slashes 19,000 jobs worldwide
By Anna Cooban, CNN Accenture plans to slash 19,000 jobs worldwide as it attempts to cut costs amid a gloomy economic picture. The Irish-American…
Continue Reading New home sales rose for the third month in a row
By Anna Bahney, CNN New home sales rose in February, climbing for the third month in a row as mortgage rates eased off their highs of the past year…
Continue Reading New Starbucks CEO plans to pull barista shifts in stores every month
By Danielle Wiener-Bronner, CNN Starbucks’ new CEO Laxman Narasimhan teased his plan for the company in a letter to employees. It includes…
Continue Reading Five big takeaways from the Fed’s extraordinary meeting
By Nicole Goodkind, CNN The Federal Reserve raised interest rates by a quarter percentage point on Wednesday as it attempts to fight stubbornly high…
Continue Reading Five big takeaways from the Fed’s extraordinary meeting
By Nicole Goodkind, CNN The Federal Reserve raised interest rates by a quarter percentage point on Wednesday as it attempts to fight stubbornly high…
Continue Reading TikTok CEO in the hot seat: 5 takeaways from his first appearance before Congress
By Catherine Thorbecke, CNN In his first appearance before Congress on Thursday, TikTok CEO Shou Chew was grilled by lawmakers who expressed deep…
Continue Reading TikTok CEO in the hot seat: 5 takeaways from his first appearance before Congress
By Catherine Thorbecke, CNN In his first appearance before Congress on Thursday, TikTok CEO Shou Chew was grilled by lawmakers who expressed deep…
Continue Reading FTC wants to make it easier for consumers to cancel free trials and subscriptions
By Brian Fung and Nathaniel Meyersohn, CNN New rules from the US government could soon let Americans more easily cancel free trials and subscriptions…
Continue Reading Swiss central bank says crisis halted as it hikes interest rates
By Mark Thompson, CNN Switzerland’s banking crisis has been halted, the country’s central bank said Thursday as it hiked interest rates…
Continue Reading China approves its first mRNA Covid-19 vaccine
By Juliana Liu China has approved its first Covid-19 vaccine based on mRNA technology, months after the country lifted strict pandemic measures. The…
Continue Reading French airports, schools and oil refineries hit by national strike over pension age increase
By Dalal Mawad, Aurore Laborie, Oliver Briscoe and Joshua Berlinger, CNN French transport networks, oil refineries and schools were hit by widespread…
Continue Reading Evergrande Group announces long-awaited debt restructuring deal after 2021 collapse
By Laura He, CNN China’s Evergrande Group, whose collapse in 2021 sparked China’s worst property market crisis on record, has unveiled a…
Continue Reading Evergrande Group announces long-awaited debt restructuring deal after 2021 collapse
By Laura He, CNN China’s Evergrande Group, whose collapse in 2021 sparked China’s worst property market crisis on record, has unveiled a…
Continue Reading Fed official: People ‘hate’ inflation. That trumps bank stress and job loss
By Matt Egan, CNN The Federal Reserve faced a particularly vexing decision this week: Should it raise interest rates during a bank crisis? For Tom…
Continue Reading Global markets mixed after US Fed raises rates by a quarter-point
By Juliana Liu and Anna Cooban, CNN European and Asian markets were mixed during Thursday trade as investors digested the decision by the US Federal…
Continue Reading China may prefer TikTok to be banned than fall into US hands
By Laura He, CNN Nearly three years after the Trump administration threatened to ban TikTok if its Chinese owner didn’t sell the company to…
Continue Reading How TikTok’s CEO prepared for his first grilling on Capitol Hill
By Oliver Darcy, CNN Shou Zi Chew is getting ready for his inaugural trip to Congress. The TikTok chief executive has, for the last week,…
Continue Reading How TikTok’s CEO prepared for his first grilling on Capitol Hill
By Oliver Darcy, CNN Shou Zi Chew is getting ready for his inaugural trip to Congress. The TikTok chief executive has, for the last week,…
Continue Reading US consumer confidence improved in March
By Alicia Wallace, CNN Confidence in the US economy ticked up in March, despite the sudden turmoil in the banking industry, according to the latest…
Continue Reading Jamie Dimon and other big bank CEOs met with top Biden economist Lael Brainard
By Matt Egan, CNN Lael Brainard, President Joe Biden’s top economic adviser, met with JPMorgan Chase CEO Jamie Dimon and other leading Wall…
Continue Reading How the banking crisis clipped the hawkish Fed’s wings
By Allison Morrow, CNN In congressional testimony earlier this month, Fed Chairman Jerome Powell told lawmakers that the central bank would likely…
Continue Reading Lindsay Lohan, Jake Paul and other celebrities charged $400,000 for violating disclosure rules
By David Goldman, CNN The Securities and Exchange Commission on Wednesday charged Lindsay Lohan, Jake Paul and several other celebrities with failing…
Continue Reading What to do with your money now that the Fed just raised rates for the ninth time
By Jeanne Sahadi, CNN After two weeks of banking turmoil, the Federal Reserve on Wednesday continued its bid to beat down inflation by raising its…
Continue Reading Job-listing company Indeed to lay off 2,200 employees
By Dayun Park Job listing website Indeed.com will cut approximately 2,200 employees, representing almost 15% of its total workforce, the company…
Continue Reading The Fed lifts rates by a quarter point as banking turmoil complicates inflation fight
By Nicole Goodkind, CNN The Federal Reserve raised interest rates by a quarter point on Wednesday as it attempts to fight stubbornly high inflation…
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10 states that make the most tax revenue from commercial betting
What states make the most revenue from gambling? OLBGÂ compiled data to show the states that collected the most tax revenue in 2021.…
Continue Reading The Fed lifts rates by a quarter point as banking turmoil complicates inflation fight
By Nicole Goodkind, CNN The Federal Reserve raised interest rates by a quarter point on Wednesday as it attempts to fight stubbornly high inflation…
Continue Reading Why some lawmakers want to raise the FDIC insurance limit for your savings
By Ramishah Maruf, CNN Right now, $250,000 seems to be the number on everyone’s minds. That’s the Federal Deposit Insurance…
Continue Reading Lab-grown chicken is one step closer to being sold in the US
By Danielle Wiener-Bronner, CNN Americans are one step closer to being able to buy chicken grown from animal cells, also known as lab-grown meat.…
Continue Reading UK inflation rises to 10.4% as food prices soar
By Olesya Dmitracova and Hanna Ziady, CNN UK consumer prices jumped by 10.4% in February compared with a year ago, as food inflation hit its highest…
Continue Reading The banking meltdown may have done the Fed’s work for it
By Nicole Goodkind, CNN Federal Reserve officials have a difficult path ahead of them. They still have work to do to bring inflation down, but their…
Continue Reading DirecTV and Newsmax end ugly dispute as the satellite carrier strikes deal to resume broadcasting the right-wing channel
By Oliver Darcy, CNN Business DirecTV said Wednesday that it has reached a multi-year distribution agreement with Newsmax, putting to end a bitter…
Continue Reading Why Bucks County, Pennsylvania, is suing social media companies
By Samantha Murphy Kelly, CNN Business One mother in Bucks County, Pennsylvania, said her 18-year-old daughter is so obsessed with TikTok,…
Continue Reading TikTok CEO to tell lawmakers its parent company is ‘not an agent of China’
By Brian Fung, CNN TikTok CEO Shou Chew plans to tell US lawmakers that the app’s parent company, ByteDance, does not work for the Chinese…
Continue Reading Lawmakers and union tell Norfolk Southern CEO that railroads’ voluntary safety plans aren’t enough
By Chris Isidore, CNN Norfolk Southern CEO Alan Shaw returned to Capitol Hill Wednesday facing pressure to support rail safety legislation proposed…
Continue Reading Wall Street is thirsty for its next big investment opportunity: The West’s vanishing water
By Lucy Kafanov, CNN Situated in the Sonoran Desert near the Arizona-California border is the tiny rural town of Cibola — home to roughly 300…
Continue Reading Grindr partners with free HIV test program
By Jordan Valinsky, CNN Business Grindr, the popular LGBTQ+ dating app, is partnering with a program distributing free at-home HIV tests as part of a…
Continue Reading Wall Street is thirsty for its next big investment opportunity: The West’s vanishing water
By Lucy Kafanov, CNN Situated in the Sonoran Desert near the Arizona-California border is the tiny rural town of Cibola — home to roughly 300…
Continue Reading Judge may force Rupert Murdoch to testify in Dominion defamation case
By Marshall Cohen, CNN The judge in the Dominion Voting Systems’ defamation case against Fox News signaled his interest Wednesday in the duty…
Continue Reading After bank failures, Elizabeth Warren demands Fed crackdown on large regional banks
By Matt Egan, CNN Senator Elizabeth Warren is cranking up the pressure on the Federal Reserve following the collapse of Silicon Valley Bank. In a new…
Continue Reading After bank failures, Elizabeth Warren demands Fed crackdown on large regional banks
By Matt Egan, CNN Senator Elizabeth Warren is cranking up the pressure on the Federal Reserve following the collapse of Silicon Valley Bank. In a new…
Continue Reading The banking meltdown may have done the Fed’s work for it
By Nicole Goodkind, CNN Federal Reserve officials have a difficult path ahead of them. They still have work to do to bring inflation down, but their…
Continue Reading Khalistan: The outlawed Sikh separatist movement that has Indian authorities on edge
By Rhea Mogul, CNN A colossal police hunt for a Sikh separatist who has revived calls for an independent homeland in India’s Punjab state has…
Continue Reading Asia Pacific shares join US gains as investors await key Fed decision
By Juliana Liu, CNN Asia Pacific shares opened higher on Wednesday, tracking US gains, as investors awaited the US Federal Reserve’s next…
Continue Reading US companies including Netflix and Boeing join ‘biggest’ business mission to Vietnam
By Michelle Toh, CNN Dozens of American companies are in Vietnam this week in hopes of pushing further into the fast-growing Southeast Asian economy,…
Continue Reading Send us your questions about TikTok
By CNN staff If you are unable to see the form above, click here. The-CNN-Wire™ & © 2023 Cable News Network, Inc., a Warner Bros.…
Continue Reading From groceries to clothes, inflation-weary Americans flock to cheaper products online
By Matt Egan, CNN Nearly two years of high inflation has caused many consumers to say goodbye to premium goods in favor of cheaper alternatives. New…
Continue Reading Home prices just broke a decade-long streak
By Anna Bahney, CNN The median price of a US home was lower this February than it was in February 2022, ending more than a decade of year-over-year…
Continue Reading Google begins rolling out its ChatGPT rival
By Samantha Murphy Kelly, CNN Business Google is opening up access to Bard, its new AI chatbot tool that directly competes with ChatGPT. Starting…
Continue Reading Magic Johnson joins bid to buy the NFL’s Washington Commanders
By Matt Egan, CNN NBA legend Magic Johnson has joined a bid to acquire the NFL’s Washington Commanders from embattled owner Daniel Snyder. A…
Continue Reading Global stocks rise as investor worries about banking turmoil ease
By Michelle Toh and Anna Cooban, CNN Stocks around the world rose Tuesday as concerns about the global banking sector eased in response to a…
Continue Reading Lawmakers say TikTok is a national security threat, but evidence remains unclear
By Brian Fung, CNN As TikTok CEO Shou Zi Chew prepares for his first congressional grilling on Thursday, much of the focus will undoubtedly be on the…
Continue Reading TikTok says it has 150 million US users amid renewed calls for a ban
By Catherine Thorbecke, CNN TikTok now has 150 million monthly active users in the United States, CEO Shou Chew confirmed on Tuesday, in a clear…
Continue Reading Fox News producer files explosive lawsuits against the network, alleging she was coerced into providing misleading Dominion testimony
By Oliver Darcy, CNN A Fox News producer on Monday filed a pair of explosive lawsuits against the right-wing talk channel, alleging that the…
Continue Reading JPMorgan is advising First Republic on another potential lifeline, sources say
By Matt Egan, CNN JPMorgan Chase’s investment bank has been hired to advise First Republic as the embattled regional bank tries to ease…
Continue Reading Credit Suisse’s gold bars, hats and bags are cropping up in online stores
By Anna Cooban, CNN Hats, bags and gold bars emblazoned with Credit Suisse’s logo are being sold on resale sites, having popped up mere hours…
Continue Reading Judge in Dominion defamation case skeptical of Fox’s arguments, as both sides seek a pretrial win
By Marshall Cohen Lawyers for Dominion Voting Systems argued Tuesday that its defamation case against Fox News is so strong that a trial isn’t…
Continue Reading Janet Yellen: Further rescues of depositors could be needed if smaller lenders suffer bank runs
By Matt Egan, CNN The federal government could once again come to the rescue of uninsured bank depositors if smaller lenders suffer bank runs like…
Continue Reading Five questions for the Federal Reserve as the banking crisis drags on
By Nicole Goodkind, CNN The Federal Reserve has a lot of balls in the air: Central bank officials are attempting to juggle their economic goals of…
Continue Reading Bed Bath & Beyond is closing hundreds of stores. But they won’t be empty for long
By Nathaniel Meyersohn, CNN Bed Bath & Beyond is stripping down its big blue signs, clearing out aisles of linens and closing 400 stores as it…
Continue Reading Google suspends Chinese shopping app Pinduoduo over malware
By Nectar Gan, Yong Xiong and Juliana Liu, CNN Google has suspended Pinduoduo, a popular Chinese budget shopping app, from its Play Store after…
Continue Reading China imports 27 foreign video games as it reopens market to global titles
By Laura He, CNN China has approved 27 foreign video games, including titles to be released by Tencent, NetEase and Bilibili, as it gradually reopens…
Continue Reading Fox News producer files explosive lawsuits against the network, alleging she was coerced into providing misleading Dominion testimony
By Oliver Darcy, CNN A Fox News producer on Monday filed a pair of explosive lawsuits against the right-wing talk channel, alleging that the…
Continue Reading Global stocks rise as investor worries about banking turmoil ease
By Michelle Toh and Anna Cooban, CNN Stocks around the world rose Tuesday as concerns about the global banking sector eased in response to a…
Continue Reading Sri Lanka agrees $3 billion IMF loan in boost for crisis-hit economy
By Mitchell McCluskey and Rhea Mogul, CNN Sri Lanka on Monday secured a much-anticipated loan of about $3 billion from the International Monetary…
Continue Reading Hollywood braces for potential strike as writers begin high-stakes talks with studios
By Oliver Darcy, CNN Hollywood is holding its breath. The Writers Guild of America commenced high-stakes negotiations with studios on Monday over a…
Continue Reading Last Dodge Challenger makes 1,025 hp, has optional parachute attachments
By Peter Valdes-Dapena, CNN With Dodge’s legendary V8-powered muscle cars going out of production at year-end, engineers wanted the last…
Continue Reading Foot Locker is closing 400 stores by 2026
By Parija Kavilanz, CNN Foot Locker is planning to shut 400 stores by 2026 as it strives to become more relevant to younger shoppers by relaunching…
Continue Reading First Republic shares tumble to a new low
By Allison Morrow, CNN First Republic’s stock fell 47% to a record low Monday, as the bank struggled to persuade Wall Street it could remain…
Continue Reading Rupert Murdoch is engaged to marry Ann Lesley Smith
By Toyin Owoseje, CNN Business Billionaire media mogul Rupert Murdoch is preparing to walk down the aisle for the fifth time. The 92-year-old tycoon…
Continue Reading Dollar Tree can’t afford to sell eggs anymore
By Nathaniel Meyersohn, CNN Eggs have gotten too expensive for Dollar Tree. Dollar Tree, which sells most products for $1.25 and a small selection of…
Continue Reading Price hikes are double whammy for pet owners who are crushed by inflation
By Alicia Wallace, CNN As head of PAWS Atlanta, Joe Labriola can get a good sense of the region’s economic well-being from the day-to-day…
Continue Reading Google begins rolling out its ChatGPT rival
By Samantha Murphy Kelly, CNN Business Google is opening up access to Bard, its new AI chatbot tool that directly competes with ChatGPT. Starting…
Continue Reading People shouldn’t panic after the recent bank collapses, experts say. Here’s the smart thing to do
By Ramishah Maruf, CNN In the wake of failures at Silicon Valley Bank and Signature Bank and separate issues at Credit Suisse and First Republic,…
Continue Reading Google was beloved as an employer for years. Then it laid off thousands by email
By Clare Duffy and Catherine Thorbecke, CNN On the morning of January 20, one Google employee had to call tech support after getting hit with an…
Continue Reading Amazon to lay off 9,000 more workers
By Catherine Thorbecke, CNN Amazon is cutting 9,000 more jobs, CEO Andy Jassy announced Monday in a memo to staff. The latest cuts come after the…
Continue Reading What are AT1 bonds and why are Credit Suisse’s now worthless?
By Anna Cooban, CNN Investors in a riskier type of Credit Suisse’s bonds had the value of their holdings slashed to zero Sunday after Swiss…
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