CNN – Business/Consumer

By Heather Chen, CNN (CNN) — It’s been a Cruel Summer for Taylor Swift fans in Asia. The heat was on last week as millions across the continent competed for just 300,000 tickets to see her in Singapore, which will host the only stop in Southeast Asia for the singer’s Eras Tour, which kicked off

By Brian Fung, CNN (CNN) — A federal appeals court said it will not block Microsoft (MSFT) from closing its $69 billion acquisition of Activision Blizzard, handing the Federal Trade Commission its second major defeat this week in a case involving the future of the video game industry. The decision by the US Court of

Ellie Stevens (CNN) — Three graphic designers are suing Chinese fast-fashion giant Shein over what they allege is “egregious” copyright infringement and racketeering. In the lawsuit, which was filed in a California federal court Tuesday, the designers allege Shein produced and sold exact copies of their designs. They claim Shein uses “secretive algorithms” to determine

By Brian Fung and Sean Lyngaas, CNN Washington (CNN) — A federal judge’s move to limit how some US agencies communicate with social media companies could have a “chilling effect” on how the federal government and states address election-related disinformation just as the 2024 election cycle gets underway, according to interviews with current and former

By Bryan Mena, CNN Washington, DC (CNN) — Inflation’s steady slowdown in recent months has kept Americans feeling optimistic about the future. Consumer sentiment tracked by the University of Michigan rose 13% in July, the second straight month of improvement, according to a preliminary reading released Friday morning. The index reached its highest level since

By Allison Morrow, CNN New York (CNN) — The crypto industry notched a crucial win in its battle with regulators Thursday when a judge ruled that Ripple Labs did not violate federal securities law by offering its XRP token on public exchanges — undermining a key argument made by the Securities and Exchange Commission. The

By Chris Isidore and Chloe Melas, CNN New York (CNN) — Actors hit picket lines Friday in their first strike against film and TV productions since 1980 and the nation’s largest strike since 1997. There are 160,000 members of SAG-AFTRA, the union representing everyone from A-list stars to struggling actors working other jobs while awaiting

By Vanessa Yurkevich, CNN (CNN) — The name “Barbara Millicent Roberts” may not ring a bell, but say her nickname — Barbie — and people of all ages know her. Created by Mattel in 1959, Barbie doesn’t look a day over 19. And now she is getting new life in “Barbie” the movie, distributed by

By Chris Isidore, CNN New York (CNN) — A 10-day UPS strike could cost the US economy $7.1 billion. That could make it the costliest work stoppage ever in US history, according to an estimate from a Michigan economic research firm that studies the costs of labor disruptions. The estimate from Anderson Economic Group said

By Olesya Dmitracova and Alex Stambaugh, CNN London/Hong Kong (CNN) — The European Union has lifted all import restrictions on food, including fish, produced near the Fukushima nuclear plant in Japan just as Tokyo prepares to release treated radioactive wastewater into the ocean. The bloc’s move follows positive results from tests carried out on the

By Michelle Toh, Juliana Liu and Teele Rebane, CNN Hong Kong (CNN) — A corruption investigation in Singapore has expanded to include Ong Beng Seng, a hotel tycoon best known for bringing the Formula 1 Grand Prix to the wealthy city state. Ong, managing director of Hotel Properties Limited, was arrested last Tuesday, along with

By Anna Bahney, CNN Washington, DC (CNN) — America is in the middle of a housing crisis. There are only 1.08 million existing homes on the market, and the affordability of a single-family home is at its lowest level in several decades. One bid to close the estimated 3.8 million unit deficit in housing is

By Michelle Toh, CNN Hong Kong (CNN) — Wipro, one of India’s top providers of software services, wants everyone on staff to know how to use artificial intelligence. The IT giant announced Wednesday it would spend $1 billion on improving its artificial intelligence capabilities over the next three years, including training its entire staff of

By Samantha Delouya, CNN (CNN) — Buybuy Baby will close all of its stores as part of its parent company Bed Bath & Beyond’s ongoing bankruptcy liquidation. On Tuesday, a judge approved the sale of Buybuy Baby’s intellectual property for $15.5 million to Dream on Me industries, a New Jersey-based designer and supplier of baby