CNN – Business/Consumer

By Jordan Valinsky, CNN New York (CNN) — Mark Zuckerberg’s Meta offered employees of rival OpenAI signing bonuses of $100 million to switch companies, according to Open AI CEO Sam Altman. “They started making giant offers to a lot of people on our team,” Altman said Tuesday on the “Uncapped” podcast hosted by his brother

By Lisa Eadicicco, CNN New York (CNN) — Celebrities have long put their names on everything from shoes to cosmetics to snacks. Now, they’re attaching their brand to mobile phone networks. Trump Mobile, announced on Monday, is the latest cellular service pegged to a high-profile figure, joining the likes of wireless services from actors such

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve held interest rates steady again Wednesday as officials continue to wait for the fallout of President Donald Trump’s sweeping policy changes and tensions in the Middle East. The central bank left its benchmark lending rate unchanged at a range of 4.25% to 4.5%, where it

By Clare Duffy and Samantha Waldenberg, CNN New York (CNN) — TikTok just got another lifeline from the White House, with President Donald Trump set to delay enforcement of the sale-or-ban law by another 90 days. “President Trump will sign an additional Executive Order this week to keep TikTok up and running,” Karoline Leavitt, White

By Liam Reilly and Tami Luhby, CNN (CNN) — For decades, pharmaceutical companies have shelled out big bucks to broadcasters to place ads between TV segments. But a pair of policies being considered by US Health and Human Services Secretary Robert F. Kennedy Jr. could change that and leave broadcasters in financial straits. While not

By Lisa Eadicicco and Hadas Gold, CNN New York (CNN) — When the Trump Organization unveiled its new Trump Mobile wireless service on Monday, it said its upcoming T1 smartphone will be “proudly designed and built in the United States.” But experts told CNN they’re skeptical that a smartphone can be built in the US

By Ramishah Maruf, CNN New York (CNN) — Amazon is warning its employees that artificial intelligence will help the company have a smaller workforce in the future. In a blog post Tuesday that was sent out earlier to employees, Amazon CEO Andy Jassy said that efficiency gains from AI would allow the company to eventually

By Marlon Sorto, Brian Stelter and Caroll Alvarado, CNN (CNN) — A Salvadoran journalist who built a big social media following by documenting immigration raids may be facing deportation. Mario Guevara, who was arrested during a “No Kings” protest near Atlanta last Saturday, was transferred to US Immigration and Customs Enforcement custody early Wednesday morning,

By Anna Cooban, CNN London (CNN) — The European Union is moving closer to banning all imports of Russian oil and natural gas more than three years after Moscow launched its unprovoked, full-scale invasion of Ukraine. The European Commission, the bloc’s executive arm, put forward a legislative proposal Tuesday to gradually ban purchases of Russian

By Jordan Valinsky, CNN New York (CNN) — Smartwater is bringing one of the world’s most familiar faces — and former friend — back to its advertisements. Jennifer Aniston is once again the face of the electrolyte-infused water, rejoining the brand following a five-year hiatus. The Coca-Cola-owned unit has re-signed the actress and entrepreneur to

By Jordan Valinsky, CNN New York (CNN) — JPMorgan Chase is hiking the annual fee of its popular Sapphire Reserve credit card by 45% as part of a major overhaul to attract high-spending millennials. The bank announced Tuesday that the credit card, which is targeted at travel and dining aficionados, will soon cost $795 per

By Bryan Mena, CNN Washington (CNN) — Americans are feeling a hangover from their tariff-fueled buying frenzy early in the spring. Retail sales fell by 0.9% in May from the prior month, the Commerce Department said Tuesday, down sharply from April’s downwardly revised 0.1% decline. That was the steepest monthly decline since January and worse

By Anna Cooban, CNN London (CNN) — Workers are struggling to cope with a “seemingly infinite workday,” involving an increasing load of meetings scheduled at 8 p.m. or later and a near-constant stream of interruptions, according to new research by Microsoft. The company analyzed data from users of Microsoft 365 services — which include Outlook

By Nathaniel Meyersohn, CNN New York (CNN) — Food giant Kraft Heinz will remove all artificial colors from its brands as synthetic food dyes face renewed scrutiny from consumers and Secretary Robert F. Kennedy Jr.’s US Department of Health and Human Services. The maker of Kraft Mac & Cheese, Heinz ketchup, Jell-O, Capri-Sun and other

By Chris Isidore, CNN (CNN) — A bill to raise the federal minimum wage to $15 an hour from $7.25 is back – but you might be surprised at who’s leading the charge: Republican Senator Josh Hawley of Missouri. Shifts in state and local minimum wages, however, as well as the broader economy, show how

By John Towfighi, CNN (CNN) — Global markets have remained relatively calm amid the escalating tensions between Israel and Iran. But that sentiment could quickly shift, according to experts, if the conflict affects the Strait of Hormuz. That’s because the narrow stretch of water located between the coasts of Iran and Oman is one of

Associated Press (AP) — A federal jury in Colorado on Monday found that one of the nation’s most prominent election conspiracy theorists, MyPillow founder Mike Lindell, defamed a former employee of a leading voting equipment company after the 2020 presidential election. The employee, Eric Coomer, was awarded $2.3 million in damages. He had sued after

By Ramishah Maruf, CNN New York (CNN) — Champion eater Joey Chestnut is returning to the Nathan’s Famous Fourth of July Hot Dog Eating Contest after being banned last year. “This event means the world to me. It’s a cherished tradition, a celebration of American culture, and a huge part of my life,” he said

By Rebecca Wright, Kristie Lu Stout, Dan Hodge, Robin Li and Alysha Bibi, CNN Hong Kong (CNN) — As the metal gangway is lowered, the crew gets to work securing the ship to the dockside – their bright orange jumpsuits dwarfed by the vast pink container ship behind them. Once the ONE Modern vessel is

CNN By Rebecca Wright, Kristie Lu Stout, Dan Hodge, Robin Lee and Alysha Bibi, CNN Hong Kong (CNN) — As the metal gangway is lowered, the crew gets to work securing the ship to the dockside – their bright orange jumpsuits dwarfed by the vast pink container ship behind them. Once the ONE Modern vessel

By Liam Reilly, CNN (CNN) — Terry Moran has no regrets. The now-former ABC News correspondent sat down for a pair of interviews on Monday, speaking out for the first time about losing his job at the network after he posted a social media missive last week against President Donald Trump and deputy chief of

By Samantha Delouya, CNN (CNN) — America’s top battery brands are locked in a power struggle over battery life claims. Duracell has filed a lawsuit against Energizer, accusing the rival battery maker of running a deceptive advertising campaign. In a complaint filed in federal court in Manhattan on June 13, Duracell — which is owned

By Lisa Eadicicco, CNN New York (CNN) — Healthcare costs are expected to rise in 2025 and older adults are increasingly looking to age in place — trends Samsung is targeting to get a bigger piece of the digital health market. And the company’s upcoming smartwatch update is another step in that direction, says Hon

By Brian Stelter, CNN (CNN) — Voice of America’s Persian-language operations are back up and running as the US government tries to beam information into Iran amid the widening conflict between Israel and Iran. Voice of America and another US-funded international network, Radio Free Europe/Radio Liberty, are promoting their programming — partly to persuade the

By Allison Morrow, CNN New York (CNN) — The Trump Organization is licensing the Trump name for a new wireless service that’s being marketed to the president’s supporters and puts the brand in competition with major phone carriers like AT&T and Verizon and smartphone makers like Apple and Samsung. “A big part of what we’ve

By Jordan Valinsky, CNN New York (CNN) — At Home, a popular home goods retailer with 260 stores across 40 US states, has filed for bankruptcy, citing the backdrop of tariff increases and a slowdown in consumer spending. The Dallas-based company announced Monday that it had entered an agreement with its lenders that “will eliminate

By Chris Isidore, CNN (CNN) — American car buyers braced for the worst when President Donald Trump’s auto tariffs started taking effect in April. But so far, prices are little changed. However, industry experts don’t expect that will remain true for long if tariffs stay in place— so Americans may want to buy a car

By Samantha Delouya, CNN (CNN) — Americans face a shortage of affordable homes, but the mega tax and spending bill championed by the Trump administration has the potential to shape housing affordability for years to come. The “One Big Beautiful Bill” Act, a linchpin of President Donald Trump’s economic agenda, is primarily a sweeping tax

By John Liu, CNN Hong Kong (CNN) — Taiwan has added China’s tech titan Huawei and chip giant Semiconductor Manufacturing International Corporation (SMIC) to its export control list, stepping up efforts to align with Washington’s crackdown on companies driving Beijing’s artificial intelligence ambitions. Citing “concerns over weapons proliferation and national security,” Taiwan’s International Trade Administration

CNN, GETTY IMAGES, 01:14 – 01:32, TWITTER, STEFFEN SEIBERT, GERMAN FEDERAL PRESS OFFICE, Twitter/Steffen Seibert/German Federal Press Office By Kevin Liptak, CNN Calgary, Alberta (CNN) — It’s a tableau no world leader — except perhaps President Donald Trump — wants to repeat. Convening in the Canadian Rockies for this week’s Group of 7 summit, presidents