CNN – Business/Consumer

By Lisa Eadicicco, CNN (CNN) — Apple is investing another $100 billion to expand its operations in the United States, the company announced on Wednesday, as President Donald Trump said he would levy a large import tax on chips coming into the country. Apple’s investment comes after the tech giant already committed $500 billion to

By Jordan Valinsky, CNN New York (CNN) — McDonald’s sales have finally turned a corner, thanks in part to “A Minecraft Movie” meal deal that marked the chain’s largest marketing campaign ever. Sales at McDonald’s US locations open at least a year rose 2.5% for the quarter ending June 30, putting an end to two

By Jordan Valinsky, CNN New York (CNN) — Claire’s, a mall staple that attracts pre-teens for its bargain jewelry and accessories, has filed for its second bankruptcy in less than a decade. The retailer, which filed for Chapter 11 bankruptcy protection in a federal court in Delaware Wednesday, has been dealing with several problems in

By Lianne Kolirin, CNN London (CNN) — It is the high-octane toy for those who have everything: an underwater jetpack that allows you to zip beneath the surface of the ocean – for as long as you can hold your breath. Described by its makers as an “innovation for those who demand the extraordinary,” the

By Elisabeth Buchwald, CNN (CNN) — Hardly a day goes by without President Donald Trump boasting about the record tariff revenue the US government has been collecting since he ratcheted up taxes on almost every imported good. “We have a lot of money coming in, much more money than the country’s ever seen,” Trump said

By David Goldman, CNN (CNN) — The bad news in last Friday’s jobs report may have been overshadowed when President Donald Trump fired the commissioner in charge of producing it. But economists haven’t forgotten about America’s job market – and they’re growing concerned. Some of the jobs report data has economists using a word they

By Jordan Valinsky, CNN New York (CNN) — Linda Yaccarino, the former CEO of the Elon Musk-owned social media platform X, has a new leadership gig in the weight loss space. Yaccarino on Tuesday was named the CEO of eMed, a Miami-based telehealth company that dispenses GLP-1 medications such as Wegovy and Ozempic. The appointment

By Jordan Valinsky, CNN New York (CNN) — Dunkin’ is already a staple in many people’s morning routines, and now it’s looking to be part of their nightcap, as well. Liqueur brand Kahlúa is collaborating with Dunkin’ and turning the coffee and doughnut chain’s popular caramel swirl syrup into a new creamy liqueur, called “Kahlúa

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump said Treasury Secretary Scott Bessent is no longer being considered as a replacement for Jerome Powell as Federal Reserve Chair. “I love Scott, but he wants to stay where he is,” Trump said Tuesday in a CNBC interview. “I’ll take him off, because I asked him

CNN By Elisabeth Buchwald, Michael Rios, CNN (CNN) — President Donald Trump said on Monday that he will “substantially” raise tariffs on India because it’s still buying Russian oil. “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for

By Elisabeth Buchwald, Michael Rios, CNN (CNN) — President Donald Trump said on Monday that he will “substantially” raise tariffs on India because it’s still buying Russian oil. “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big

By Jordan Valinsky, CNN New York (CNN) — Tesla’s board is giving CEO Elon Musk another huge pay day. The company’s latest CEO pay package, worth about $29 billion, comes several months after a Delaware court rejected for a second time Musk’s 2018 performance award following a shareholder lawsuit. Musk is currently appealing the order.

By Nathaniel Meyersohn, CNN New York (CNN) — The Trump administration declared victory after Kraft Heinz, Skittles and General Mills made splashy announcements to remove artificial colors — even taking credit for Coca-Cola’s plan to replace high-fructose corn syrup with US cane sugar in a new version this fall. “President Trump delivers on MAHA (Make

By Tami Luhby, Jeanne Sahadi, CNN (CNN) — The Trump administration will soon stop sending out paper checks for Social Security beneficiaries, as part of an effort to fully modernize federal benefits payments. That means a little over half a million recipients — or 0.8% of all the program’s beneficiaries — must now choose another

By David Goldman, CNN (CNN) — President Donald Trump claimed without evidence that the massive revisions to the latest jobs report constituted a “scam,” accusing one of the top overseers of government statistics of cooking the books in a vendetta against his presidency. “In my opinion, today’s Jobs Numbers were RIGGED in order to make