CNN – Business/Consumer

By Bryan Mena, Elisabeth Buchwald, CNN (CNN) — Federal Reserve Chairman Kevin Warsh on Thursday unveiled the members of the five task forces that will examine key issues that shape US monetary policy as part of his broader bid to reshape the world’s most powerful central bank. In addition to academics and former central bankers,

By Chris Isidore, CNN Bristol, Pennsylvania (CNN) — President Donald Trump is heralding a new chain of gas stations that are selling gas for $3.479 a gallon, well below both market prices and wholesale costs. “This retailer is taking the lead, and others should follow,” he wrote in a Truth Social post last week, highlighting the July

By Samantha Delouya, CNN (CNN) — Home shoppers hoping for a break in affordability as the spring homebuying season wraps up may be in for another letdown. The war with Iran and the inflation spike that followed have kept mortgage rates stubbornly high, while fresh fears that the Federal Reserve could raise interest rates to

By Anna Cooban, CNN London (CNN) — Russia has fully banned exports of diesel after Ukrainian drone strikes on its refineries triggered widespread fuel shortages and as the global energy market braces for more disruption in the Strait of Hormuz. Russian Deputy Prime Minister Alexander Novak announced the ban in a televised meeting alongside President

By John Towfighi, CNN New York (CNN) — The stocks that have fueled Wall Street’s powerful AI rally are suddenly under pressure as investors evaluate rising tensions in the Middle East, take profits after a historic run and reassess where to find value. After months of hitting record highs, semiconductor chip stocks have dropped in

By Chris Isidore, CNN (CNN) — Apple announced a $30 billion deal to design chips made in the United States by Broadcom. It’s part of Apple’s continued effort to diversify the source of its components and help support domestic chip production – a goal shared by President Donald Trump. Broadcom makes wireless connectivity chips to

By Lianne Kolirin, CNN (CNN) — Gamers are being asked to hunt down lost artifacts from the American Revolutionary War in a virtual treasure hunt that creators hope will lead to some real-world discoveries. “June’s Journey” is a popular free-to-play hidden object mobile game from Berlin-based developer Wooga. Players step into 1920s New York where

By Ramishah Maruf, CNN New York (CNN) — The Statue of Liberty. The Hollywood sign. Walmart? The nation’s largest retailer has entranced World Cup tourists. Videos by first-time Walmart visitors from abroad have racked up millions of views and thousands of comments on social media. Now Walmart wants to capitalize on that unbridled enthusiasm for

CNN By Samantha Delouya, CNN (CNN) — New York City has bet heavily on converting aging office buildings into apartments to help ease a housing shortage. But the threat of a partial collapse Tuesday by one such conversion in progress highlighted the significant challenges of those construction projects. The former Pfizer building, located on East

By Samantha Delouya, CNN (CNN) — New York City has bet heavily on converting aging office buildings into apartments to help ease a housing shortage. But the threat of a partial collapse Tuesday by one such conversion in progress highlighted the significant challenges of those construction projects. The former Pfizer building, located on East 42nd

By Brian Stelter, CNN (CNN) — Another one of President Donald Trump’s lawsuits against a news organization has fizzled out. This time, it is a defamation lawsuit that the Trump Media and Technology Group brought against The Washington Post in 2023 over a story titled “Trust linked to porn-friendly bank could gain a stake in

By Lauren Said-Moorhouse, CNN London (CNN) — The Duke of Sussex and six others have lost a high-stakes case against the publisher of the Daily Mail over allegations of unlawful information gathering. All of the claims were dismissed by a UK High Court judge on Tuesday after the group failed to prove the allegations against

By Elisabeth Buchwald, CNN (CNN) — Madison Square Garden isn’t where most people picture saying “I do.” Throw in arcade games and a raffle, and it gives off even less of a wedding vibe. But that’s exactly the point. Those and other unexpected details surfacing from Taylor Swift’s and Travis Kelce’s ultra-private yet attention-grabbing celebration

By John Towfighi, CNN New York (CNN) — SpaceX is set to officially join the Nasdaq 100 index on Tuesday, giving investors new exposure to the stock while triggering billions of dollars in automatic purchases by index funds. SpaceX’s inclusion in the Nasdaq 100 marks a new chapter in the stock’s closely watched post-IPO journey.

By Bryan Mena, CNN (CNN) — At the Richmond Neighborhood Center in San Francisco, more than 200 people are on the waitlist for the food pantry. The center is just a couple of miles west of “AI Alley,” where a cluster of major AI companies take in billions of dollars in investments and pay out

By Ramishah Maruf, CNN New York (CNN) — President Donald Trump is taking credit for Walmart’s summer sale, claiming that a request from his administration led to discounts on thousands of items for summer road trips and pool parties that happen every year. The country’s largest grocer on Monday highlighted some of its seasonal sales,

By Ramishah Maruf, CNN New York (CNN) — President Donald Trump is taking credit for Walmart’s summer sale, claiming that a request from his administration led to discounts on thousands of items for summer road trips and pool parties that happen every year. The country’s largest grocer on Monday highlighted some of its seasonal sales,