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CNN – Business/Consumer

An oil pumpjack is seen in a field on April 8 in Nolan

So much for ‘drill, baby, drill’?

By Matt Egan, CNN New York (CNN) — America’s oil industry is facing immense pressure during Trump 2.0. Even though President Donald Trump vowed to usher in a period of American energy dominance, the administration’s trade war and OPEC’s production hikes have cast a shadow over the oil patch. In fact, once-gangbusters US oil production

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Stock futures rise after ‘substantial progress’ is made in US-China trade negotiations

By Auzinea Bacon, CNN (CNN) — Stock futures rose Sunday after Treasury Secretary Scott Bessent said “substantial progress” was made in trade negotiations with Chinese officials, potentially thawing tensions kickstarted by Trump’s aggressive tariff policy. Dow futures jumped 1.03%, or 427.66 points. S&P 500 futures rose 1.31%, or 75.8 points, while the tech-heavy Nasdaq Composite

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Shelves of hemp-derived THC beverages at Mendon Wines & More.

Alcohol use is declining. THC is swooping in

By Danielle Wiener-Bronner, CNN New York (CNN) — In June 2023, Jon Halper started selling THC beverages at Top Ten Liquors, his chain of Minnesota stores. The drinks, which contain the main intoxicating chemical compound found in cannabis, were a massive hit. “Immediately, the sales took off,” said Halper. “We’ve never seen anything explosive like

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