CNN – Business/Consumer

By Alicia Wallace, CNN (CNN) — Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread. Consumer prices rose 0.1% last month, while the annual inflation rate increased to 2.4% from a four-year-low of 2.3% notched in April, according to the latest Consumer Price

By Jordan Valinsky, CNN New York (CNN) — Starbucks is dipping its toes in the increasingly growing appetite for protein, with a new topping for its coffee drinks. The company is testing a new protein cold foam at five US locations as part of CEO Brian Niccol’s plans to expand into the wellness sector and

By Jordan Valinsky, CNN New York (CNN) — Nintendo announced Wednesday that it sold more than 3.5 million Switch 2 consoles, marking a new record for the company. The Japanese company said that it’s the “highest global sales level” for any Nintendo device within the first four days of release and perhaps puts Nintendo in

By Jordan Valinsky, CNN New York (CNN) — The vibrant burst of orange flavor emanating from a Blue Moon is so lip-smacking good that it’s being turned into a lip balm. The Molson Coors-owned brand is partnering with Eos, a popular beauty company, to make a lip balm inspired by the punchy, Valencia orange flavor

CNN By Anna Cooban, CNN London (CNN) — Elon Musk said Wednesday that he regrets some of his recent social media posts about President Donald Trump. “I regret some of my posts about President @realDonaldTrump last week. They went too far,” Musk said in a post on X. Musk’s relationship with Trump deteriorated in a

By Anna Cooban, CNN London (CNN) — Elon Musk said Wednesday that he regrets some of his recent social media posts about President Donald Trump. “I regret some of my posts about President @realDonaldTrump last week. They went too far,” Musk said in a post on X. Musk’s relationship with Trump deteriorated in a spectacular,

By Ramishah Maruf and Devan Cole, CNN (CNN) — President Donald Trump’s heftiest tariffs cleared a court hurdle for now, after a federal appeals court ruled Tuesday that they could take effect while legal challenges play out. But the appeals court put the tariff cases on a fast track for a resolution this summer. The

By Nectar Gan and John Liu, CNN Hong Kong (CNN) — The United States and China have agreed on a framework to implement their trade truce, officials on both sides said Wednesday, after concluding two days of talks in London to defuse tensions and ease export restrictions that threaten to disrupt global manufacturing. American and

By Luciana Lopez, Chris Isidore and Vanessa Yurkevich, CNN (CNN) — General Motors said on Tuesday that it would invest $4 billion into three US plants to boost production of gas and electric vehicles, as a 25% tariff on imported cars by President Donald Trump threatens the bottom lines of automakers that sell in the

By Clare Duffy, CNN New York (CNN) — The latest celebrity start-up trend is no longer tequila. It’s telecom. Actors Sean Hayes, Will Arnett and Jason Bateman — who host the popular “SmartLess” podcast — are launching a wireless service as an alternative to pricier unlimited data plans from major carriers like Verizon, T-Mobile or

By Sean Lyngaas and Brian Stelter, CNN (CNN) — Offline, in real-world Los Angeles, most Angelenos are having a perfectly normal day. But online, the fires and riots are still raging. The powerful algorithms that fuel social media platforms are feeding users days-old and sometimes completely fake content about the recent unrest in L.A., contributing

By Lisa Eadicicco, CNN (CNN) — Popular AI chatbot ChatGPT is experiencing degraded performance after a partial outage on Tuesday, according to parent company OpenAI and the website Downdetector, which tracks outages of major web services. OpenAI said it began investigating issues at 2:36 am on Tuesday, and the problems began to spike around 5:30

By Matt Egan, CNN New York (CNN) — Whole Foods employees say a major cyberattack on a leading distributor has left some store shelves and freezers empty. “Our frozen cooler is empty, our bread hearth is bare and customers are increasingly upset,” one barista and bakery employee at a Whole Foods located in Arkansas told

By Andrew Kirell, CNN New York (CNN) — “The free press is under attack,” Bob Costas said at an awards ceremony Monday evening. “Democracy as we know it is under attack.” The famed sports broadcaster was at the Edison Ballroom podium in New York, accepting a lifetime achievement Mirror Award for his “distinct, consistent and

By Amarachi Orie, CNN (CNN) — Job insecurity and unaffordable housing are among the biggest reasons why millions of people worldwide can’t have the number of children they want, the United Nations said Tuesday, calling for “urgent action” to address the “fertility crisis.” Together with market research firm YouGov, the UN’s sexual and reproductive health

By Anna Cooban, CNN London (CNN) — Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor weighing on economies worldwide. The World Bank expects Trump’s barrage of new tariffs on America’s