CNN – Business/Consumer

By Vanessa Yurkevich, CNN New York (CNN) — General Motors, the 100-year-old car company that has struggled with its expensive modernization efforts, plans to offer Americans hands-free driving and the freedom to watch a movie on the go. The company unveiled new “eyes-off” driving technology that will be available starting in 2028, part of a

CNN By Lisa Eadicicco, CNN (CNN) — You can already use Google Maps to virtually “explore” a city on the other side of the world without leaving your seat. But what if you could take that a step further by feeling like you’re inside the map? And what if you could learn about the restaurant

By Tami Luhby, CNN (CNN) — Weight loss drugs are proving to be super popular among many workers with job-based health insurance. But GLP-1 medications are busting their employers’ budgets, leading some firms to rethink their coverage. The share of very large firms covering these drugs for obesity soared to 43% this year, up from

By Elisabeth Buchwald, CNN (CNN) — Finalizing a $20 billion lifeline for Argentina using taxpayers’ funds during the government shutdown was an essential action for the agency, Treasury Secretary Scott Bessent said Tuesday. His remarks came in response to a letter from Sen. Elizabeth Warren, the ranking member of the Senate Banking Committee, who wrote

By Chris Isidore, CNN (CNN) — You’d think after a tumultuous year for Elon Musk’s car company, Wall Street would be cheering Tesla’s record quarterly sales. They’re not. That’s for two main reasons: First, Tesla’s profit fell from a year ago and missed analysts’ estimates. Second, Tesla’s sales were largely booming last quarter because customers

By Jeanne Sahadi, CNN (CNN) — Are you suffering from decision fatigue? Do you have better things to do than oversee a complex portfolio and keep up with the latest on Wall Street? Do you just want to do as little as possible when it comes to investing but still have the money you need

By Matt Egan, Chris Isidore, CNN (CNN) — A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign that the US economy is forming some serious cracks, leaving the most vulnerable in financial distress. The percentage of subprime borrowers – those with credit scores below 670 –

By John Liu, CNN (CNN) — Gold prices gained modestly on Wednesday after the precious metal’s spectacular rally came to an abrupt halt on Tuesday, when prices tumbled more than 5%. The drop in the price of gold, which is viewed as a safe-haven asset in times of uncertainty, came as investors took profits from

By Lisa Eadicicco, CNN (CNN) — You can already use Google Maps to virtually “explore” a city on the other side of the world without leaving your seat. But what if you could take that a step further by feeling like you’re inside the map? And what if you could learn about the restaurant on

By Nathaniel Meyersohn, CNN (CNN) — Walmart, America’s largest private-sector employer, is pausing job offers to foreign candidates needing H-1B visas to work in the United States, a company spokesperson told CNN. It’s a significant shift that demonstrates how major companies are changing their policies in response to Trump’s strict immigration agenda that could have

By Ramishah Maruf, CNN New York (CNN) — The government shutdown has impacted many Americans’ daily lives beyond the political tussle. Federal workers are getting laid off by the thousands. Local businesses, whether they’re in Washington, DC, proper or outside the nation’s national parks, are struggling to fill seats. People are unable to move into

By Jordan Valinsky, CNN New York (CNN) — Some customers who were unable to fill or pick up their prescriptions at CVS locations on Tuesday because of technical issues may want to go back to the pharmacy. A CVS spokesperson said in a statement Tuesday that the company has resolved a network connection issue that

By Jordan Valinsky, CNN New York (CNN) — Coca-Cola has begun selling a soda that uses cane sugar, rather than high-fructose corn syrup, in the United States following a demand from President Donald Trump earlier this year. A company spokesperson confirmed to CNN that the soda is now rolling out to “select” cities and retailers.

By Brian Stelter, CNN (CNN) — Warner Bros. Discovery, the parent of CNN, is contemplating a sale. The media giant says it has received “multiple” expressions of interest from potential buyers, indicating that Paramount Skydance is not the only suitor for the media company. In a Tuesday morning statement, WBD said its board of directors

By Jordan Valinsky, CNN New York (CNN) — The concept of a circus might be well known, but Ringling Bros. and Barnum & Bailey admits it has a bit of an identity problem. “Kids already know how to play (games like) Ringling, they just don’t know it by name,” Juliette Feld Grossman, CEO of Feld

By Alicia Wallace, Lisa Eadicicco, Ramishah Maruf, CNN (CNN) — It took a day without Amazon Web Services for Americans to realize how reliant the internet is on a single company. It’s not just that people couldn’t place mobile orders for coffee at Starbucks or ask Alexa for the weather. Hospitals said crucial communications services

By Lucy Bayly, John Towfighi, CNN New York (CNN) — Wall Street kicked off a new week in high gear as optimism rose that the 20-day shutdown of the federal government could soon draw to a close. National Economic Council Director Kevin Hassett told CNBC Monday he believes the shutdown is “likely to end sometime

By Jordan Valinsky, CNN New York (CNN) — An outage at Amazon Web Services (AWS), the cloud computing platform that powers much of the internet, went down for several hours Monday, making several major websites and apps inoperable. From banking services to social networks to airline booking sites to online shopping, thousands of services were

CNN By Jordan Valinsky, CNN New York (CNN) — Amazon Web Services (AWS), the cloud computing platform that powers much of the internet, went down for several hours Monday, making several major websites and apps inoperable. From banking services to social networks to airline booking sites to online shopping, thousands of services were disrupted as

By Auzinea Bacon, CNN (CNN) — The rising costs of coffee beans are keeping roasters and their customers on edge. Retail coffee prices jumped nearly 21% in August compared to the same time last year, and the Trump administration’s tariffs are partially to blame: In July, Brazil was slapped with one of the highest duties,

By Chris Isidore, CNN (CNN) — Few car buyers have heard of Nexperia. But this Dutch company makes chips that are essential for making cars — and now, it’s at the center of a trade dispute that could shutter global auto plants and send already-record-level car prices even higher. The dispute is just one part

By Joel Williams, CNN (CNN) — Oversized crowbars bend wood for a piano’s rim. Circular sanders smooth rough edges on costly Sitka spruce soundboards. Hammers and chisels notch a bridge to allow piano strings to vibrate freely. For 30 years, Bernard Craddock has been one of the roughly 200 workers handcrafting pianos at the 150-year-old

By Reuters (CNN) — Boeing can hike 737 MAX production to 42 planes per month after the Federal Aviation Administration lifted a 38-plane-per-month cap that had been in place since January 2024, the agency and planemaker said on Friday. The FAA imposed the unprecedented production cap shortly after a 2024 mid-air emergency involving a new

By Lisa Eadicicco, CNN (CNN) — Instagram will launch new safety features for teens, including the ability for parents to prevent their kids from chatting with the platform’s AI characters, parent-company Meta announced Friday. It’s one of several new safety features from Meta and OpenAI meant to combat growing concerns about how AI could impact

By Marshall Cohen, CNN Washington (CNN) — The Justice Department on Thursday filed foreign bribery charges against Smartmatic, the voting technology company that is suing Fox News and other prominent pro-Trump figures for defamation over their promotion of 2020 election lies. The bribery and money laundering charges against Smartmatic arose from an existing case filed

By Jordan Valinsky, CNN New York (CNN) — OpenAI announced that it has “paused” users’ ability to generate videos of Martin Luther King Jr. on its artificial intelligence video tool Sora, following backlash over “disrespectful depictions.” “While there are strong free speech interests in depicting historical figures, OpenAI believes public figures and their families should

By Lisa Eadicicco, CNN (CNN) — Lindsey Martin’s electricity bill reached $314 in July, the highest bill she had received this year until that point, she said on TikTok. In the video’s more than 4,000 comments, many users reported similar power-bill spikes. Martin’s bill jumped even higher in August to $372, a notable leap from

By Elisabeth Buchwald, CNN (CNN) — Several financial groups are wrestling with bad loans, raising worries on Wall Street of more to come. For weeks, investors have focused on Jefferies Financial Group, an investment bank that has at least $45 million worth of exposure to First Brands, an auto-parts supplier that filed for bankruptcy last

By Jeanne Sahadi, CNN (CNN) — Most people go to work for the paycheck and benefits. What they typically don’t expect is to have to return some of the money when they leave. But with some benefits — such as signing or retention bonuses, tuition reimbursement and some forms of training — workers may have

By John Towfighi, CNN New York (CNN) — US stocks closed lower Thursday as jitters spread on Wall Street about credit market turmoil and regional banks’ exposures to bad loans. The Dow fell 301 points, or 0.65%. The broader S&P 500 dropped by 0.63%, and the tech-heavy Nasdaq Composite moved 0.47% lower. Volatility has returned