CNN – Business/Consumer

By Brian Stelter, CNN (CNN) — President Trump’s lawsuit against journalist Bob Woodward and his publishing house Simon & Schuster was dismissed by a federal judge on Friday, the same day that Trump filed a new and unrelated suit against the Wall Street Journal. US District Judge Paul Gardephe of the Southern District of New

By Brian Stelter, CNN (CNN) — From the outside, the idea made no sense at all. Why would a broadcast network cancel one of its best-known shows that ranks number one in its time slot? But on the inside, at CBS, there were several plausible answers to that question. While “The Late Show” host Stephen

By Amarachi Orie, CNN (CNN) — Tech giant Meta has apologized and said it has fixed an auto-translation issue that led one of its social media platforms to mistakenly announce the death of Indian politician Siddaramaiah. The chief minister of the southwestern Indian state of Karnataka posted on Instagram Tuesday in the local Kannada language,

By John Towfighi and Bryan Mena, CNN New York/Washington (CNN) — If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets. For now, the likelihood of the president actually moving to oust the head of the central

By Brian Stelter and Liam Reilly, CNN (CNN) — President Trump is vowing to sue the Wall Street Journal and owner Rupert Murdoch over the outlet’s bombshell story detailing a 2003 birthday letter to Jeffrey Epstein bearing Trump’s name and a drawing of a naked woman. “I told Rupert Murdoch it was a Scam, that

By Bryan Mena, CNN Washington (CNN) — A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers pushing to keep rates steady. Fed Governor Christopher Waller, at a New York event, said

By Brian Stelter and Dan Heching, CNN (CNN) — In a shocking move, CBS is ending “The Late Show with Stephen Colbert” next year, and apparently exiting the late-night television business altogether. The network, citing financial pressures, said the cancellation will take effect in May 2026, the normal end of the broadcast TV season. The

By Ramishah Maruf, CNN New York (CNN) — Water beads have long been criticized for being dangerous, even fatal, for kids. Now two members of a government watchdog are tearing into a decision by the acting chair of the body to delay a final ruling on the toys. For years, the Consumer Product Safety Commission,

By Bryan Mena, Lucy Bayly and Samantha Delouya, CNN (CNN) — Federal Reserve Chair Jerome Powell responded by letter Thursday to a senior Trump administration official who accused the head of the central bank of mismanaging an “ostentatious overhaul” of its Washington, DC, headquarters. Russell Vought, director of the Office of Management and Budget, suggested

By Andrew Kaczynski and Brian Stelter, CNN (CNN) — A top oversight Democrat sent a letter on Thursday to Fox Corp chairman Lachlan Murdoch and Fox News Media CEO Suzanne Scott demanding answers about Fox’s editing of a Donald Trump interview from June 2024 concerning Jeffrey Epstein — an edit they say both misled the

By Bryan Mena, CNN Washington (CNN) — Americans are still opening their wallets, even as President Donald Trump’s tariffs start to take a bite. Retail sales rose 0.6% in June from the prior month, the Commerce Department said Thursday, rebounding from the steep 0.9% decline in May. June’s number was much stronger than the 0.2%

By Brian Stelter, CNN (CNN) — Public television stations will be “forced to make hard decisions in the weeks and months ahead,” PBS CEO Paula Kerger said Thursday, after lawmakers advanced a bill that cancels all the federal funding for the network and for NPR. Radio and TV stations may need to lay off staffers

By John Towfighi, CNN New York (CNN) — Copper is at the core of the American economy. It’s in the wires of our pervasive electronics, in the walls of homes and in the engines of cars. Experts say President Donald Trump’s plan for tariffs on the red metal could stymy the goal of boosting American

By Samantha Delouya, CNN (CNN) — Joe Dalesandro didn’t expect to keep his mortgage rate at 6.99% for very long when he purchased a new home with his girlfriend last summer in Myrtle Beach, South Carolina. He’d refinance soon, he reasoned. He was wrong. “We always thought they would go down, and fairly quickly,” Dalesandro