CNN – Business/Consumer

By Parija Kavilanz, CNN New York (CNN) — Lego’s fanbase, which famously cuts across kids, teenagers and grownup collectors, is seeing some unsavory characters break into the mix, and for all the wrong reasons. Lego products, especially the pricier sets that range from over $100 to $1,000 or more, are being targeted for theft both

By Alicia Wallace, CNN (CNN) — Politics typically comes with plenty of spin. Even something seemingly unyielding or absolute like a number can get squished and twisted like putty. As such, flashy economic data points extolled by candidates always come with plenty of asterisks, caveats and “yes, buts.” In this election cycle, those qualifiers have

By Chris Isidore, CNN New York (CNN) — Criminal charges against a corporation, like the ones the Justice Department is considering bringing against Boeing, would be a serious blow, worsening the company’s already precarious financial situation and further damaging its battered reputation. But it wouldn’t necessarily result in past or current executives facing prison time.

By Brian Rokus, CNN (CNN) — The New York Times Editorial Board is calling on President Joe Biden to leave the race for the White House after his performance at CNN’s presidential debate. “The president appeared on Thursday night as the shadow of a great public servant. He struggled to explain what he would accomplish in a second term.

By Nathaniel Meyersohn, CNN New York (CNN) — Leave it to a Wells Fargo restaurant analyst to decisively settle the Chipotle burrito “weight debate.” On TikTok, some customers accused Chipotle of skimping on food portions. They started a trend of filming Chipotle employees as the workers built out their burritos order with chicken, guacamole and

By Krystal Hur, CNN New York (CNN) — Warren Buffett just changed how his considerable fortune will be spent following his death. Buffett, 93, the chairman of Berkshire Hathaway, told the Wall Street Journal he has again re-worked his will — and that he does not plan to continue donations to the Bill & Melinda

By Hadas Gold, CNN (CNN) — On MSNBC, the mood Thursday night was somber. “I am not going to put a fine sheen on it, or a spin on it, even though I am in the spin room,” MSNBC anchor Alex Wagner said from the CNN presidential debate spin room in Atlanta. “There has been a uniformly negative reaction to

By Matt Egan, CNN (CNN) — Former President Donald Trump’s social media company is getting a boost after President Joe Biden’s shaky debate performance. Shares of Truth Social owner Trump Media & Technology Group (DJT) rose 4% in early trading Friday as investors bet the debate has boosted Trump’s chances of retaking the White House.

By Alicia Wallace, CNN (CNN) — Prices in the US didn’t rise in May, lending a welcome reprieve to cost-wary Americans and helping to bring inflation even closer to normal levels. The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — was unchanged

By Jeanne Sahadi, CNN New York (CNN) — Even before a jury found Donald Trump guilty on 34 felony counts of falsifying business records in the so-called “hush money” trial in New York, many Americans were surprised to learn that having a criminal conviction would not automatically disqualify someone from serving as president of the

By Nathaniel Meyersohn, CNN New York (CNN) — Walgreens said Thursday that it plans to close a “significant” number of its roughly 8,600 stores in the United States. Around 25% of Walgreens’ stores aren’t profitable, and the chain will look to close stores that are right by one another or struggling to hold down theft,

By Ramishah Maruf and Eva Rothenberg, CNN New York (CNN) — CDK Global is still down heading into the brisk car-selling Fourth of July holiday next week. Auto dealerships use its software to manage everything from scheduling to records, and the mass outage since last week has paralyzed nearly 15,000 dealerships across North America. CDK

By Nathaniel Meyersohn, CNN New York (CNN) — Nike posted sluggish growth as the largest sportswear brand in the world faced rising competition, a consumer pullback in its key markets and strategy missteps. Nike’s sales grew 1% last year and were flat last quarter, the company reported Thursday. The company projects sales to drop 10%

By Samantha Murphy Kelly, CNN (CNN) — An international roaming outage is leaving customers of the three major US mobile carriers in the dark, making it difficult or impossible for American customers who are currently out of the country to make calls, send messages and use data. AT&T, T-Mobile and Verizon confirmed to CNN that

By Alicia Wallace, CNN (CNN) — The number of Americans receiving jobless benefits for multiple weeks climbed to its highest level since November 2021, according to Labor Department data released Thursday. The latest data is an indication that unemployed Americans may be having more trouble in landing work: The number of continuing claims, which are