CNN – Business/Consumer

By Jordan Valinsky, CNN New York (CNN) — The website that was selling Kanye West’s T-shirts embossed with swastikas has been deactivated by Shopify Tuesday. A Shopify spokesperson said in a comment to CNN that the “merchant did not engage in authentic commerce practices and violated our terms so we removed them.” Shopify is the

By Bryan Mena, CNN Washington (CNN) — America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer Financial Protection Bureau, tariffs and Elon Musk’s Department of Government Efficiency. The dismantling of the CFPB

By David Goldman, CNN (CNN) — The battle for the future of AI just got extremely expensive and deeply personal. OpenAI CEO Sam Altman spoke out against rival Elon Musk a day after rejecting a potentially seismic deal that could shape the future of artificial intelligence. He told the Elon Musk-led group of investors that

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

By Jordan Valinsky, CNN New York (CNN) — Despite a blowout of a game and halftime performer telling people to turn off their TVs, the Super Bowl registered record ratings for the second year in a row, according to final numbers released Tuesday afternoon. Sunday’s game on Fox, which saw the Kansas City Chiefs lose

By Vanessa Yurkevich, CNN New York (CNN) — It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter taste in your mouth. “This Valentine’s Day expect prices for chocolate treats to increase around 10-20% over last year as the price of cocoa

By Matt Egan, CNN (CNN) — Elon Musk bought Twitter in 2022 with the hopes of turning it into “the everything app” that will let users zap money to each other and where they could eventually conduct their “entire financial world.” Days after Musk attended President Donald Trump’s inauguration this year, Twitter, now known as

By Rosa de Acosta, CNN (CNN) — US trade policies are under the microscope after President Donald Trump enacted tariffs on top trading partner China and teased more, broader tariffs in the coming days. With Narendra Modi, prime minister of India, expected at the White House on Thursday, CNN takes a look at the trade

By Samantha Delouya, CNN (CNN) — Kayla Kataska began shopping for her first home last month — and she’s already had to adjust her expectations. Although Kataska and her husband recently moved from Southern California to the relatively more affordable city of Lake Mills, Wisconsin, they’ve realized their dream home may come with a heftier

By Elisabeth Buchwald, CNN New York (CNN) — American buyers beware: President Donald Trump’s desire to get even on countries by matching tariffs they have on American goods could come at a steep cost. In Trump’s view, it’s unfair for other countries to charge American imports higher tariffs than what America, in turn, charges those

By John Liu and Hassan Tayir, CNN Hong Kong (CNN) — Chinese electric vehicle maker BYD has added an advanced driver-assistance system for most of its models at no additional cost, catapulting its shares to a record high. Chinese customers can now experience the carmaker’s proprietary “God’s Eye” driver-assistance system in models that cost as

By Josh Campbell, CNN Los Angeles (CNN) — The body of water formerly known in the United States as the Gulf of Mexico is now listed for US-based users of Google Maps as the Gulf of America. The change follows an executive order by US President Donald Trump renaming the area. Google has previously said

By John Liu, CNN Hong Kong (CNN) — DeepSeek’s advances have roiled global stock markets and AI players. Now, its influence is spreading quickly at home, with some of China’s biggest tech companies, many of which had been developing their own chatbots, racing to incorporate the open-source model into their own services. In early February

CNN By Chris Isidore, CNN New York (CNN) — President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so

CNN By David Goldman, CNN (CNN) — In a high-stakes bid that could reshape the future of artificial intelligence, Elon Musk is leading a group of investors who have offered to buy OpenAI, the parent company of ChatGPT, for $97.4 billion. Musk has long feuded with OpenAI CEO Sam Altman and has filed a number

CNN By David Goldman, CNN (CNN) — The battle for the future of AI just got extremely expensive and deeply personal. OpenAI CEO Sam Altman spoke out against rival Elon Musk a day after rejecting a potentially seismic deal that could shape the future of artificial intelligence. He told the Elon Musk-led group of investors

By David Goldman, CNN (CNN) — In a high-stakes bid that could reshape the future of artificial intelligence, Elon Musk is leading a group of investors who have offered to buy OpenAI, the parent company of ChatGPT, for $97.4 billion. Musk has long feuded with OpenAI CEO Sam Altman and has filed a number of

By Elisabeth Buchwald, CNN New York (CNN) — Still waiting for that Valentine’s Day gift you ordered weeks ago? President Donald Trump’s trade war could be to blame. On February 4, Trump levied a new 10% tariff on all goods coming to the US from China. Initially, the tariffs were also applied to packages imported

By Annette Choi, CNN (CNN) — President Donald Trump said on Sunday that he had instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right — in fact, each US penny costs 3.7 cents to produce and distribute as of 2024.

By Jordan Valinsky and Hadas Gold, CNN New York (CNN) — Kanye West is currently selling T-shirts with swastikas on his website, capping off a wild, hate-filled week for the rapper highlighted by posts on his X account. The website received fresh promotion Sunday when West, who changed his name to Ye, bought a local

By Jordan Valinsky, CNN New York (CNN) — Costco and Trader Joe’s are limiting the number of eggs customers can buy because of a shortage caused by the avian flu. “Due to ongoing issues with the supply of eggs, we are currently limiting egg purchases to one dozen per customer, per day, in all Trader

By Chris Isidore, CNN New York (CNN) — President Donald Trump says he has ordered the US Mint to stop making pennies, which he correctly says cost more than one cent to produce. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!”

CNN By Betsy Klein, CNN (CNN) — President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so

By Jordan Valinsky, CNN New York (CNN) — Visits to McDonald’s plunged because of an E. coli outbreak last fall — and so did its profits. Fourth-quarter sales at McDonald’s locations open for at least one year fell 1.4% in the United States, a reversal compared to the same time period a year prior when

By Vanessa Yurkevich, CNN New York (CNN) — The soaring price of eggs has alarmed consumers and the agriculture industry, and practically everyone in Washington is pointing fingers in various directions to direct blame. It’s hard to lay America’s egg crisis at the feet of any one politician. But agricultural experts say politicians in Washington

By Jordan Valinsky, CNN (CNN) — Starbucks is offering a rare perk on Monday: free coffee. Under CEO Brian Niccol, the coffee chain has drastically reduced its deals and giveaways in an attempt to boost its bottom line. But it’s offering one more freebie the day after the Super Bowl, when the nation might be

By Lisa Respers France, Elizabeth Wagmeister, Luciana Lopez and David Goldman, CNN (CNN) — The Philadelphia Eagles steamrolled the Kansas City Chiefs for a decisive victory in Sunday’s Super Bowl, but the battle for audience attention through ads was in many ways an even tougher fight. With around 50 brands buying time during the broadcast,

By Betsy Klein, CNN (CNN) — President Donald Trump announced Sunday that he has instructed Treasury Secretary Scott Bessent to halt the production of pennies, citing the high cost of producing one cent. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!

CNN Analysis by David Goldman, CNN (CNN) — If you’re confused by President Donald Trump’s tariff plan, you’re not alone. Trump and his economic team have made many contradictory statements about the rationale for tariffs, leaving American multinational businesses unsure how to plan, and foreign countries unclear on how to negotiate. Trump launched massive and

By David Goldman and Chris Isidore, CNN (CNN) — President Donald Trump, speaking to reporters on Air Force One Sunday, said he planned on announcing a 25% tariff on all steel and aluminum imports into the United States Monday. “We’ll also be announcing steel tariffs on Monday,” he said, adding, “any steel coming into the