CNN – Business/Consumer

By Clare Duffy, CNN New York (CNN) — In the late 1970s, a startup founded by Larry Ellison and two fellow computer programmers got a big break in the form of a CIA contract to build a database program code-named Oracle, which later became the name of the company. Now, nearly 50 years after its

By Jeanne Sahadi, CNN (CNN) — With so many unsettling things happening beyond your — or any individual’s — control, it sometimes can help to proactively do something concrete that would be helpful to you and your family. Take, as just one example, the state of the US economy. There is no shortage of confusing

By Brian Stelter, Hanna Park, CNN (CNN) — President Donald Trump says he is filing an audacious lawsuit against The New York Times, alleging defamation and accusing the outlet of being a “virtual mouthpiece” for the Democratic Party. The lawsuit demands $15 billion in damages, which exceeds the entire market cap of The New York

By Elisabeth Buchwald, Dan Berman, CNN (CNN) — President Donald Trump cannot remove Lisa Cook from the Federal Reserve’s Board of Governors for now, a federal appeals court said in an emergency ruling Monday, just hours before the central bank’s two-day monetary policy meeting was set to kick off. The decision from the US Court

By Bryan Mena, Morgan Rimmer, CNN (CNN) — Stephen Miran, one of President Donald Trump’s top economic advisers, on Monday was confirmed by the Senate to serve on the Federal Reserve’s powerful Board of Governors, hours before the Fed’s two day monetary policy meeting begins. The Senate voted 48-47 to confirm Miran. Sen. Lisa Murkowski

By Brian Stelter, CNN (CNN) — Longtime Washington Post writer Karen Attiah says she has been fired from the publication’s Opinions department for “speaking out against political violence, racial double standards, and America’s apathy toward guns.” The Post, which has been overhauling the entire department, declined to comment on personnel matters. But Attiah’s Post biography

CNN By David Goldman, Lucy Bayly, CNN (CNN) — A deal has been reached between the Trump administration and China to keep TikTok operational in the United States, administration officials announced Monday, concluding a yearslong effort that began during President Donald Trump’s first term. US Treasury Secretary Scott Bessent said that a framework agreement has

By Matt Egan, CNN New York (CNN) — In his latest bid to reshape the American economy, President Donald Trump has endorsed ending the decades-long practice of public companies sharing their financial results once each quarter. Such a move would represent a dramatic shift aimed at combating short-term thinking inside C-Suites obsessed with pleasing investors

By David Goldman, CNN (CNN) — A deal has been reached between the Trump administration and China to keep TikTok operational in the United States, administration officials announced Monday, concluding a yearslong effort that began during President Donald Trump’s first term. US Treasury Secretary Scott Bessent said that a framework agreement has been reached, and

By Chris Isidore, CNN (CNN) — Elon Musk just spent $1 billion of his own money to buy additional shares Tesla, giving the previously battered stock the vote of confidence needed to complete a comeback and turn positive for the year. The purchase, made Friday and disclosed in a filing Monday, represents a rare action

By Christopher Lamb, CNN (CNN) — Pope Leo XIV has criticized how the salaries of chief executives dwarf those of their employees, singling out Tesla’s trillion-dollar compensation package for Elon Musk. Leo, speaking during his first sit-down media interview, cited income inequality as one of the factors behind polarization in society. “CEOs that 60 years

WLS By Christopher Lamb, CNN (CNN) — Pope Leo XIV has criticized how the salaries of chief executives dwarf those of their employees, singling out Tesla’s trillion-dollar compensation package for Elon Musk. Leo, speaking during his first sit-down media interview, cited income inequality as one of the factors behind polarization in society. “CEOs that 60

By Nectar Gan, David Goldman, CNN Hong Kong (CNN) — China significantly escalated its trade standoff with the United States Monday, saying that tech giant Nvidia, the most valuable company on the US stock market and a key provider of artificial-intelligence chips, had violated anti-monopoly laws. Chinese regulators’ announcement of the results of their preliminary

By Auzinea Bacon, CNN (CNN) — The Trump administration on Sunday renewed its request to a federal appeals court to fire Lisa Cook, a Federal Reserve governor who has faced political scrutiny in recent weeks. The move comes ahead of the independent central bank’s vote on interest rates this week. President Donald Trump has repeatedly

By Auzinea Bacon, CNN (CNN) — “Demon Slayer: Kimetsu no Yaiba – the Movie Infinity Castle” shattered the record for biggest opening weekend domestic gross for an anime movie, hauling in an estimated $70 million. “Demon Slayer: Infinity Castle,” which is distributed in North America by Sony Pictures Entertainment-owned Crunchyroll, raked in $33 million on

By John Towfighi, CNN New York (CNN) — While the stock market hovers near record highs, a shift in the bond market is signaling mounting concerns about the economy’s health. A bevy of data this month showed the labor market is on shakier ground than previously thought. That spurred a rally in bonds as investors