Biz/Tech

By Matt Egan, CNN Iran’s status as an economic outcast is nothing new. It’s been a pariah in the eyes of much of the world for literally decades.Over the years, the United States has slapped Iran with countless sanctions targeting its banking system, shipping companies, oil industry and military.That’s why Operation Economic Outcast, the highly-anticipated

By Chris Isidore, CNN (CNN) — It’s still August. Temperatures are in the 90s for much of the country. Labor Day, America’s unofficial end of summer, is nearly two weeks away. In many regions of the country school has yet to start.But Starbucks wants you to think fall.On Tuesday, the chain rolled out its seasonal

By Jordan Valinsky, CNN New York (CNN) — After successfully remaking the Whopper, Burger King is now shifting its focus from patties to poultry.Beginning September 1, new chicken nuggets will arrive on US menus as part of Burger King’s multiyear plan to improve its food and sales using consumer feedback as a guide.So far, the

By Elisabeth Buchwald, CNN (CNN) — On September 8, Canada is set to enact tariffs ranging from 15% to 50% on over 700 American goods in an effort to match US tariffs dollar for dollar, Canadian officials announced on Tuesday.Notably, Canada is doubling its duties on US steel and aluminum to 50%, in line with

By Ramishah Maruf, CNN New York (CNN) — US Treasury Secretary Scott Bessent on Monday vowed an “economic D-Day” for countries that buy oil from Iran. Experts say that means one country in particular: China.Bessent didn’t name China on Monday, but he left little room for doubt.“We find that the best way to engage with

By Matt Egan, CNN New York (CNN) — Kelly Klein graduated from college with $100,000 in student loans that she feared would haunt her forever.“I expected I’d never pay off my student debt,” said Klein, who is 31 years old.But flash forward 10 years and Klein is now debt-free, her retirement account is flush and

By Lex Harvey, CNN (CNN) — As a trade war between the United States and Canada looms following the collapse of talks last week, a key issue has emerged that’s further inflamed tensions between the longtime allies: French language laws.Canada is a bilingual country and has laws protecting both of its official languages: English and

By Chris Isidore, CNN (CNN) — President Donald Trump’s threat of 50% auto tariffs on all imports from Canada is just the latest action to rattle an industry that’s endured shifting trade rules since he returned to office.Trump issued the auto tariff plans early Monday, just as trade tensions between the two neighbors ratcheted up.

By Hadas Gold, CNN (CNN) — Alabama’s attorney general on Monday subpoenaed OpenAI for more information related to its AI agents autonomously hacking into another company’s servers in July.The subpoena is part of an investigation into whether OpenAI’s practices “violated Alabama’s consumer protection laws” and pose a risk to Alabama citizens, the attorney general’s office

By Brian Stelter, CNN (CNN) — A technical issue across Warner Bros. Discovery’s channels disrupted CNN, HBO and other channels during the noon hour on the East Coast on Monday.CNN viewers saw scrambled screens and pixelated chaos, leading some to search social media for information about the outage.A spokesperson called it a “technical issue across

By Anna Cooban, Brian Stelter, CNN (CNN) — California Attorney General Rob Bonta has canceled a meeting that was scheduled for Monday over Paramount’s planned $110 billion takeover of Warner Bros. Discovery, CNN’s parent company.The parties were due to discuss a potential settlement of the lawsuit that has frozen the media mega-merger in place.But Bonta

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump threatened to double tariffs on Canadian cars on Monday, the latest sign that the United States and Canada are barreling toward a deeper trade war after last-ditch efforts to strike a deal collapsed Friday.The failed efforts resulted in President Donald Trump enacting 50% tariffs on roughly

By Chris Isidore, CNN (CNN) — The Los Angeles Lakers, the Super Bowl champion Seattle Seahawks, a chunk of the New York Yankees. Teams are turning over at a rapid pace, driving valuations to stratospheric heights.One reason for the sales boom you might expect: There are an ever-increasing number of billionaires with the resources to

By John Towfighi, CNN (CNN) — The US national debt has topped a record $40 trillion.It’s a grim milestone in the history of the nation’s fiscal health. America’s debt burden is rising faster than estimates just a few years ago, exacerbated by persistent deficits and soaring interest payments.And the national debt keeps rising, adding nearly

By Clare Duffy, CNN New York (CNN) — Millennials, rejoice … the beloved video app Vine is being resurrected.Well, sort of.The internet mourned when Twitter shuttered the six-second, looping video app Vine in 2017. While Vine had struggled to build a viable business model in a crowded market, it pioneered short-form videos and spawned countless

By Brian Stelter, CNN (CNN) — Representatives for Paramount and the parties suing to block its takeover of Warner Bros. Discovery (WBD) are set to meet next week for talks that could lead to a settlement.The two sides apparently remain far apart, however, and the plaintiffs may prefer to take their arguments to court at

CNN By Elisabeth Buchwald, Auzinea Bacon, CNN (CNN) — Canadian Prime Minister Mark Carney on Saturday vowed “dollar-for-dollar” tariffs in response to the United States’ 50% tariffs on $20 billion in Canadian goods after the two sides failed to reach a trade deal. Carney’s tit-for-tat measures, set to take effect on September 8, will include

By Chris Isidore, Alicia Wallace, Elisabeth Buchwald, CNN (CNN) — Tariff refunds were a windfall for US businesses in their most recent quarter. But for American consumers, not so much.Companies’ recent financial disclosures showed hundreds of millions, if not billions, in government payouts starting in May after the Supreme Court ruled that the Trump administration’s

CNN By Elisabeth Buchwald, Auzinea Bacon, CNN (CNN) — Canadian Prime Minister Mark Carney on Saturday vowed “dollar-for-dollar” tariffs in response to the United States’ 50% tariffs on $20 billion in Canadian goods after the two sides failed to reach a trade deal. Carney’s tit-for-tat measures, set to take effect on September 8, will include

CNN By Brian Stelter, Haley Britzky, CNN (CNN) — In a blow to press freedoms within the US military, the Pentagon has forced out several top staffers at Stars and Stripes, the military publication with a long record of editorial independence. Journalism advocacy groups decried the firings and criticized Defense Secretary Pete Hegseth for trying

By Ramishah Maruf, CNN New York (CNN) — TikTok and its parent company, ByteDance, reached a $400 million settlement with the US Justice Department over children’s privacy litigation on Friday, one of the largest amounts yet for a case of this kind.The Justice Department first sued TikTok in 2024, claiming the app failed to stop

By Brian Stelter, Haley Britzky, CNN (CNN) — In a blow to press freedoms within the US military, the Pentagon has forced out several top staffers at Stars and Stripes, the military publication with a long record of editorial independence.Journalism advocacy groups decried the firings and criticized Defense Secretary Pete Hegseth for trying to manipulate