Money

By Hanna Ziady, CNN London (CNN) — Albert Manifold, the ousted chairman of BP, is refusing to leave quietly, creating a headache for the British oil giant as it seeks to move on from the latest bout of leadership upheaval. In a blistering response to his removal from the company Thursday, Manifold hit out at

By Matt Egan, CNN New York (CNN) — When he launched his presidential campaign in late 2022, then-candidate Donald Trump blasted his successor for aggressively releasing oil from America’s emergency stockpile ahead of the midterm elections. “The strategic national reserves, which I filled up, have been virtually drained in order to keep gasoline prices lower,

By Lisa Eadicicco, CNN (CNN) — It’s a tough job market for software engineering hopefuls. Tens of thousands of jobs cuts across the industry have increased competition for open spots. The rise of AI has spurred fears of cheating during interviews, and company priorities are changing as the tech evolves almost daily. But hiring managers

By Marshall Cohen, Elisabeth Buchwald, CNN (CNN) — When Andrew needed money for a flight with friends to Greece this summer, the 18-year-old high school senior turned to prediction markets. With a $500 cash advance from his credit card company, Andrew sat in a Starbucks for more than six hours, trading on live tennis matches

By Jeanne Sahadi, CNN (CNN) — There is a new app going live on Thursday for parents who set up Trump Accounts for their children, Treasury Secretary Scott Bessent said Wednesday. Bessent announced in a cabinet meeting on Wednesday that the app would be available “on all major platforms tomorrow morning,” and noted that nearly

By Jordan Valinsky, Brynn Gingras, CNN New York (CNN) — Astronomical prices for tickets to the upcoming World Cup soccer tournament have sparked an investigation by the attorneys general of New York and New Jersey. On Wednesday, New York Attorney General Letitia James and New Jersey Attorney General Jennifer Davenport jointly announced that they’re subpoenaing

By Jordan Valinsky, CNN New York (CNN) — Lululemon has settled its high-profile feud with founder Chip Wilson, and the deal includes a clause preventing him from badmouthing the company for a year and a half. On Wednesday the struggling athleisure brand announced it had reached a “cooperation agreement” with Wilson, the company’s second largest

By David Goldman, CNN (CNN) — The clock is ticking for President Donald Trump to get a deal done with Iran. Or maybe it’s the other way around: Iran could be dealing with a ticking time bomb – in its own oil wells! With just days to go before they’re destroyed. That’s according to Trump,

By Matt Egan, CNN New York (CNN) — Markets are breathing a sigh of relief that the shaky US-Iran ceasefire survived the long weekend and progress is being made on a potential deal to end the war. US stocks are flirting with all-time highs and oil futures have backed away from $100 a barrel. And

By Auzinea Bacon, CNN (CNN) — K-pop group BTS made waves in March with their first concert together in nearly four years. Now the famed boy band is teaming up with Oreo, one of America’s most famous cookie brands, for a limited-edition flavor. Limited-edition releases help the more-than-century-old Oreo brand maintain its cultural relevance, and

By Hanna Ziady, CNN London (CNN) — BP said Tuesday it had dismissed its chairman Albert Manifold after less than a year in the role, citing “serious concerns” about “governance standards, oversight and conduct.” The surprise ouster marks the latest leadership turmoil at the British oil giant, which has seen several CEOs depart abruptly under

By John Towfighi, CNN New York (CNN) — The S&P 500 on Friday clinched its eighth straight weekly gain, the index’s longest winning streak since 2023. The reasons might sound familiar: strong corporate earnings and AI enthusiasm as investors look past concerns about the war with Iran. But in the bond market, bad vibes are

By Auzinea Bacon, CNN (CNN) — A new coffee chain may be headed to a town near you, and it’s not Starbucks or Dunkin’. Many Americans likely haven’t heard of 7 Brew, which has only been around since 2017 when it opened its first location in Rogers, Arkansas. The chain has since grown to over

By Lucy Bayly, CNN (CNN) — Kevin Warsh was sworn in Friday at the White House as Chairman of the Board of Governors of the Federal Reserve System, succeeding Jerome Powell in one of the world’s most powerful economic positions. Warsh, 56, steps into the four-year role at a time of mounting uncertainty over inflation,

By Alicia Wallace, CNN (CNN) — Americans just loathe this economy. A closely watched measurement of US consumer sentiment fell to a fresh, all-time low in May, according to the latest survey from the University of Michigan. The May consumer sentiment index dropped for the third consecutive month, falling to 44.2 and landing below the

By Amy Gunia, CNN (CNN) — The repercussions of the Iran war have been felt globally, but the United Arab Emirates has suffered a more direct impact than most, targeted by missile and drone strikes. Those attacks have also threatened its image as a glamorous haven for tourists to the Middle East. Still, Abu Dhabi