CNN – Business/Consumer

By Michael Ballaban, CNN (CNN) — To board the yacht named Christina, in the glamorous late middle of the 20th century, was to float amid the highest levels of fame, celebrity and royalty: Winston Churchill! Liza Minnelli! Rudolf Nureyev! Its owner, the Greek shipping magnate and definitive international playboy Aristotle Onassis, equipped it with a

By John Towfighi, Norma Galeana, CNN (CNN) — Mother’s Day expenses can pile up fast. There’s brunch. Gifts. Cards. And, of course, flowers –– which might not break the bank, but are getting pricier because of higher costs along the journey from garden to table. Flowers delivered to loved ones on Mother’s Day travel through

By Brian Stelter, CNN (CNN) — ABC is accusing the Trump administration’s media regulator of threatening broadcasters’ First Amendment rights. In an extraordinary legal letter to the Federal Communications Commission, the network accuses the agency of threatening “to upend decades of settled law and practice and chill critical protected speech.” At issue, specifically, is “The

By Bryan Mena, CNN Washington (CNN) — Consumer sentiment continued to decline this month, reaching a fresh record low as the war in Iran drags on, keeping energy prices elevated. The University of Michigan’s latest consumer survey, released Friday, showed sentiment fell early this month to a preliminary reading of 48.2, the lowest on records

By Alicia Wallace, CNN (CNN) — The US economy added a stronger-than-expected 115,000 jobs last month and the unemployment rate stayed at 4.3%, an indication of resilience at a time when war and high gas prices loom large. April’s employment gains mark an expected retreat from March, when a revised 185,000 jobs were created, boosted

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump’s 10% across-the-board tariffs are in jeopardy after a federal court ruled them illegal on Thursday, dealing a second major blow this year to the president’s signature economic policy. In a 2-1 ruling, the panel of judges at the US Court of International Trade found the administration

By Lisa Eadicicco, CNN (CNN) — Google wants to be your go-to fitness coach and wellness adviser… even if you have an Apple Watch. The tech giant announced a slew of health updates on Thursday that put its AI coach front and center, part of a broader strategy to compete with OpenAI, Microsoft and a

By Nathaniel Meyersohn, CNN New York (CNN) — New York City Mayor Zohran Mamdani stood outside a luxury skyscraper in Manhattan for a video on Tax Day to deliver on his trademark plan: “We’re taxing the rich.” The skyscraper, located on ritzy Central Park South and built at a cost of $1.5 billion, seemed a

By Alicia Wallace, CNN (CNN) — When the April jobs report is released Friday morning, it is expected to show that the US labor market added 67,000 positions. If so, that’s roughly one-third of the 178,000 jobs created in March. While in comparison the April total may seem like a sharp deceleration or a tepid

By Matt Egan, CNN New York (CNN) — Shirley Modlin started her manufacturing business 20 years ago in her garage with her husband. Now, she fears the company won’t survive. Modlin’s tiny company based in Powhatan, Virginia, faces major delays on components and price hikes of up to 400% that she blames on tariffs. She

By Vanessa Yurkevich, CNN (CNN) — For tens of thousands of seafarers on the 1,600 ships stuck in the Strait of Hormuz, “Project Freedom” was anything but. President Donald Trump’s operation to “guide” ships through the strait lasted just 48 hours. Only two ships were guided through. Now, shipping companies and stranded seafarers are again

By Brian Stelter, CNN (CNN) — Banks scoffed. Potential partners rejected him. Newspaper owners mocked the idea. But Ted Turner persevered and won. Turner faced an extraordinary uphill battle to launch CNN in 1980. Before the network became an institution, a shorthand for 24/7 breaking news around the world, it was a dare that many

By Nathaniel Meyersohn, CNN New York (CNN) — No one likes higher taxes. But New York City Mayor Zohran Mamdani’s plan to tax wealthy residents’ second homes has elicited a highly emotional response from two of the city’s richest. “Creepy and weird,” is what Ken Griffin had to say Tuesday at a conference about Mamdani’s

By Chris Isidore, CNN (CNN) — Jet fuel prices nearly doubled. Airlines cut flights. Travelers were still buying tickets. That was already a pretty good recipe for higher airfares. And then, Spirit Airlines went out of business. Passengers were already paying more to fly – even before the industry lost the budget airline famous for