CNN – Business/Consumer

By Heather Chen, CNN (CNN) — The death sentence handed to a real estate tycoon in a $12.5 billion financial fraud case is the latest punishment meted out by Vietnam in the Southeast Asian country’s sweeping “blazing furnace” anti-corruption campaign. Thursday’s ruling against Truong My Lan, the former chairwoman of property developer Van Thinh Phat

By Elisabeth Buchwald, CNN New York (CNN) — Drivers nationwide are facing the biggest car insurance rate increases since 1976. Up more than 22% compared to last year, rising car insurance rates are one of the biggest contributors to overall inflation, which hit a new six-month high last month, according to the Consumer Price Index.

By Samantha Murphy Kelly, CNN (CNN) — Apple is working to a fix a bug in its latest iOS software that suggests the Palestinian flag emoji when some users search for the word “Jerusalem” in the emoji keyboard. The company told CNN it is aware of a bug within predictive emoji in the keyboard and

By John Towfighi, CNN (CNN) — About 576,000 Roku accounts were compromised in a cyberattack, the company said on Friday, the second security breach for the streaming service this year. Hackers gained access to user accounts through stolen login credentials, Roku said in a blog post. The security breach was discovered while Roku monitored account

By Eve Brennan and Anna Cooban, CNN London (CNN) — Social media giant Meta has lowered the minimum age required to use WhatsApp in Europe to 13 from 16, sparking criticism from children’s rights advocates. The new age restriction came into force in the European Union Thursday. The new minimum age of 13 was also

By Matt Egan, CNN New York (CNN) — Shares of Trump Media & Technology Group are in free fall. The Truth Social owner’s share price dropped another 5% as of mid-day Friday, leaving it on track for a seventh losing day out of the past eight. The only gain during that span was a tiny

By Krystal Hur, CNN New York (CNN) — US stocks ended the day sharply lower Friday as Wall Street worried about escalating tension in the Middle East and traders rushed to safe havens like bonds and gold. The Dow fell 475 points, or 1.2%, after dropping more than 500 points at the day’s lows. The S&P 500

By Bryan Mena, CNN Washington (CNN) — Americans haven’t felt any better about the economy these past few months, but they haven’t felt any worse either. That’s striking because disappointing inflation reports have thrown Wall Street into a tailspin. The University of Michigan’s latest consumer survey showed that sentiment largely held steady in April, according

By Chris Isidore, CNN New York (CNN) — US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has never looked so bad. The deal is significant, not just for the future of what is still a key

By Catherine Thorbecke, CNN (CNN) — Airbnb wants more renters, and not just homeowners, to be able to become hosts on its short-term rental platform. The company on Friday announced that it is doubling down on efforts to work with state and local governments to advocate for short-term rental rules that don’t exclude renters from

By Nicole Goodkind, CNN New York (CNN) — JPMorgan Chase, the largest bank in the United States, kicked off earnings season Friday with a beat, but also a warning about geopolitical threats that could hurt the global economy. The bank’s first-quarter revenue increased by 9% from the year before, to $41.9 billion. That’s more than

By Jeanne Sahadi, CNN New York (CNN) — If you haven’t filed your 2023 tax return with the IRS yet and you still owe income tax for last year, the good news is you still have time to rectify those situations before you’re penalized for failing to do so. Most filers have until 11:59 pm

By Diksha Madhok, CNN (CNN) — The US aviation industry has asked the Biden administration to pause approval of additional flights to and from China, saying Beijing’s “existing harmful anti-competitive policies” hurt American airlines and workers. “The competitive disadvantage is harmful to the approximately 315,000 workers employed by US passenger airlines that serve China,” according

By John Towfighi, CNN (CNN) — A children’s mini speaker is being recalled for potential burn and fire hazards. The Consumer Product Safety Commission announced April 11 that the Yoto Mini speaker for children is being voluntarily recalled because of a lithium-ion battery that can overheat and catch fire, posing burn and fire risks. Parents

By Chris Isidore, CNN New York (CNN) — Embattled airplane maker Boeing disclosed it lavished an additional $546,000 on the cost of personal air travel in recent years for four top executives, including CEO Dave Calhoun, who announced last month that he will leave the company by the end of the year. The increased spending

By Elisabeth Buchwald and Bryan Mena, CNN (CNN) — Interest rate cuts have been the main focus for Wall Street ever since the end of last year, when Federal Reserve officials indicated they intended to lower rates. But stubborn inflation now has some investors wondering about the exact opposite: a rate hike. Inflation slowed substantially

By Samantha Murphy Kelly, CNN (CNN) — Taylor Swift’s music is back on TikTok following an ongoing dispute with her music distributor Universal Music Group over royalties. The return of her songs on the popular social platform comes as she is set to release her latest and much-anticipated album, “The Tortured Poets Department,” next week.

By Bryan Mena, CNN Washington (CNN) — Mortgage rates drifted higher this week, and could increase further, in a sign that America’s affordability crisis isn’t letting up. The 30-year fixed-rate mortgage averaged 6.88% in the week ending April 11, up from 6.82% the previous week, according to Freddie Mac data released Thursday. A year ago,