CNN – Business/Consumer

By Matt Egan, CNN New York (CNN) — The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege. President Donald Trump’s relentless attacks on Federal Reserve Chair Jerome Powell are so intense that one prominent economist is raising eyebrows by arguing that Powell should quit to protect the

CNN By Liam Reilly, CNN (CNN) — Jon Stewart pulled no punches Monday over CBS’s cancellation of Stephen Colbert’s late-night show. During Monday night’s broadcast of “The Daily Show,” Stewart’s first since Colbert on Thursday shared that “The Late Show” would not return beyond May 2026, the late-night veteran lambasted CBS for canceling the program.

By Jordan Valinsky, CNN New York (CNN) — Target is changing a roughly decade-old policy that let customers save some extra cash. The retailer is altering its “price match” policy, which allowed customers to request and receive a refund for the difference of a product if the shopper found the identical item cheaper at Amazon,

By Brian Stelter, CNN (CNN) — Stephen Colbert gained a little help from his friends and late-night rivals on Monday, his first night back on “The Late Show” since announcing that CBS is ending the legendary show. NBC’s Jimmy Fallon, HBO’s John Oliver, and Comedy Central’s Jon Stewart were among the faces in the “Late

By Jordan Valinsky, CNN New York (CNN) — Coca-Cola confirmed that it will release a new Coke made with cane sugar. The announcement follows a social media post from President Donald Trump last week in which he claimed he persuaded the company to replace high-fructose corn syrup. The company revealed in its earnings report Tuesday

By Chris Isidore, CNN (CNN) — For years, Tesla has earned billions of dollars from its competitors just for selling electric vehicles. But that windfall is about to go away, just when the company may need it the most. Regulatory credit sales have been a huge source of revenue for the automaker, which currently faces

By Samantha Delouya, CNN (CNN) — President Donald Trump’s tariffs could have an unintended side effect: making homeownership even less affordable for many Americans. A new report from the Canadian Chamber of Commerce estimates that the average cost of building a US home could rise by an additional $14,000 by the end of 2027 if

By Bryan Mena, CNN Washington (CNN) — President Donald Trump has blasted Federal Reserve Chair Jerome Powell for months for not lowering interest rates, even threatening to fire the central banker. Now, the White House is seizing on a $2.5 billion renovation of the Fed’s headquarters in Washington, DC, as a potential legal opening to

By Liam Reilly, CNN (CNN) — Jon Stewart pulled no punches Monday over CBS’s cancellation of Stephen Colbert’s late-night show. During Monday night’s broadcast of “The Daily Show,” Stewart’s first since Colbert on Thursday shared that “The Late Show” would not return beyond May 2026, the late-night veteran lambasted CBS for canceling the program. “The

By Brian Stelter and Liam Reilly, CNN (CNN) — When the White House took control of the so-called “press pool” that accompanies the president, journalists worried that the Trump administration would use that power to punish news outlets. First it was the Associated Press; now it’s the Wall Street Journal. On Monday, the White House

By Jordan Valinsky, CNN New York (CNN) — As younger drinkers shun traditional soda brands for gut-friendly alternatives, PepsiCo is hoping to lure them back with its iconic cola flavor. On Monday, the company is unveiling a healthier version of its flagship flavor called “Pepsi Prebiotic Cola.” The permanent addition to its lineup builds off

By Lianne Kolirin, CNN London (CNN) — Extreme weather caused by climate change is driving up the prices of basic food products worldwide and posing wider risks to society, a new study has found. The cost of a wide range of goods – from vegetables in California to coffee in Brazil – saw dramatic spikes

By Lucy Bayly, CNN New York (CNN) — Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially holding back the US economy, which is “on the cusp” of growth that could equal the dot-com boom seen in the 1990s. “I think that’s what the paradigm or the

By Jordan Valinsky, CNN New York (CNN) — Millions of people might be coping with extreme heat, but Starbucks is already getting ready for chilly fall temperatures with its most anticipated annual menu announcement. It could use the boost. The coffee chain revealed that its wildly popular Pumpkin Spice Latte beverage will return to menus