CNN – Business/Consumer

CNN By Allison Cho, CNN (CNN) — Her voice defeated soul-eating monsters during the emotional finale of the blockbuster animated film “KPop Demon Hunters.” But for Korean American singer EJAE, the triumph gave her something beyond fame and fortune. Validation. Years prior, EJAE was an aspiring K-pop star signed to one of the biggest entertainment

By Brian Stelter, CNN (CNN) — Fans of President Donald Trump and first lady Melania Trump have made “Melania” a breakout hit by box office standards. The documentary is on track to earn about $7 million in its opening weekend, with ticket sales reflecting a familiar red/blue divide in America. “Melania” is projected to be

By Bryan Mena, Amy O’Kruk, CNN Warsh is subject to confirmation by the US Senate, and if confirmed, will succeed Chair Jerome Powell when his term ends in May. Follow live updates here. The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

By Vanessa Yurkevich, CNN New York (CNN) — In San Francisco, Seth Chandler’s business has lines out the door. It’s not unusual for twenty-odd people to be penned in by a velvet rope, monitored by two security guards. Chandler doesn’t own a hot new club or restaurant. He runs Witter Coin, which buys and sells

By Bryan Mena, Matt Egan, CNN Washington (CNN) — President Donald Trump said Friday he is nominating Kevin Warsh to be the 17th chair of the Federal Reserve after Jerome Powell’s term ends in May. “I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS

By Samantha Delouya, CNN (CNN) — President Donald Trump is suing the US Internal Revenue Service and Treasury Department for at least $10 billion, accusing the agency of an unauthorized leak of his tax returns during his first administration. The suit was filed on Thursday in federal court in Florida. Trump, who filed the suit

By Matt Egan, CNN New York (CNN) — President Donald Trump plans to announce his pick for the next Federal Reserve chair on Friday morning. Among the finalists is one man who checks many of the boxes: BlackRock executive Rick Rieder. The influential investor has the respect of Wall Street and deep knowledge of complex

By Ramishah Maruf, Chris Isidore, CNN New York (CNN) — President Donald Trump said on Thursday that he is decertifying all aircraft made in Canada and threatened a 50% tariff on those planes until American-made Gulfstreams are certified in that country. Trump specifically said he was decertifying the Global Express, a business jet from Quebec-based

By Lisa Eadicicco, CNN New York (CNN) — As Big Tech battles for dominance in artificial intelligence, Apple is flying high on the success of the iPhone. The company reported earnings that blew past Wall Street’s expectations on Thursday, largely driven by the iPhone 17. Revenue hit $143.8 billion for the quarter, up from $124.3

By Ramishah Maruf, CNN New York (CNN) — The parent company of Saks Off 5th and Last Call will close most locations to focus on its luxury retail stores after filing for bankruptcy this month. Saks Global announced on Thursday that it will shutter almost 60 of its Off 5th locations and five Last Call

CNN By Hadas Gold, CNN (CNN) — Tesla dominated the electric vehicle industry by the mid-2010s with sleek, fast cars that helped combat the public perception that EVs were severely limited by short ranges. Now the company – and its controversial CEO, Elon Musk – face stiffer competition and political headwinds. Its EV sales fell

By Brian Stelter, CNN (CNN) — With widespread layoffs expected at The Washington Post in the coming weeks, teams of reporters are sending impassioned letters to owner Jeff Bezos, urging him not to shrink the newsroom. In a letter obtained by CNN, the newspaper’s White House reporters banded together to defend some of the desks

By Jordan Valinsky, CNN New York (CNN) — Starbucks has an advantage in the mornings with coffee. Now, it wants to lure people back later in the day with a different type of caffeine boost. The coffee chain’s US locations will roll out a new afternoon menu in the coming weeks, which will include new

By Hadas Gold, CNN (CNN) — Tesla dominated the electric vehicle industry by the mid-2010s with sleek, fast cars that helped combat the public perception that EVs were severely limited by short ranges. Now the company – and its controversial CEO, Elon Musk – face stiffer competition and political headwinds. Its EV sales fell by

By Chris Isidore, CNN (CNN) — Tesla CEO Elon Musk, who turned an upstart electric vehicle maker into an industry-changing powerhouse, is pulling the plug on the two models that helped get him there, as he struggles with another quarter of declining profits and car sales. He announced the end of production of two models

By Jeanne Sahadi, CNN (CNN) — After weighing a slightly lower unemployment rate and a hiring slowdown with small increases in inflation in December, the Federal Reserve on Wednesday decided to leave its key overnight lending rate untouched. That decision follows the three cuts the Fed made last year, for a total of six cuts