Money

By Liam Reilly, CNN (CNN) — Max will rebrand once more as HBO Max. Speaking on stage during Warner Bros. Discovery’s Upfront presentation to advertisers, HBO chief executive Casey Bloys announced that the company’s streaming platform, Max, would revert to its previous name, HBO Max. WBD executives emphasized that the move is an attempt to

By Vanessa Yurkevich, CNN New York (CNN) — US ports are facing a dramatic slowdown in cargo – but they could see the exact opposite in a matter of weeks. Starting Wednesday, cargo leaving China bound for the United States will carry a 30% tariff rate – a reduction from the higher 145% tariff that

By Clare Duffy, CNN New York (CNN) — The newest iPhones might come with a more expensive price tag this fall — even if the sticker price doesn’t change. Some analysts expect Apple to raise iPhone prices for its new lineup because of President Donald Trump’s tariffs. And the company is considering as much, according

By John Towfighi, CNN (CNN) — The S&P 500 benchmark stock index hit another milestone in its remarkable march higher from the brink of a bear market in recent weeks: It has now erased all its losses for this year. US stocks were mixed Tuesday as investors digested cooling inflation data and easing trade tensions

By Lisa Eadicicco, CNN (CNN) — The next time you’re about to tap a text message to resolve an unpaid toll balance, your Android phone may warn you to think twice. Google is updating its scam text detection technology to spot hoaxes like these, which are among the most common types of text-related schemes according

By David Goldman, CNN (CNN) — For months, President Donald Trump has falsely claimed that egg prices are tumbling. It wasn’t true then, but it’s true now. Egg prices fell 12.7% last month, the biggest monthly decline since 1984, the Bureau of Labor Statistics reported Tuesday. And they could continue to fall this month, too:

By Liam Reilly, CNN (CNN) — After much teasing and speculation, ESPN has finally unveiled the details of its new flagship streaming service. While the streamer long had the working title “Flagship,” the Disney-owned sports network revealed the platform, slated to launch in the fall, will be called something even simpler: ESPN. “As we explored

By Alicia Wallace, CNN (CNN) — Americans tidied up their household balance sheets to start 2025, cleaning up some credit card and auto loan debt, new data showed Tuesday. However, the debt outlook for millions of student loan borrowers was much grimmer: Past-due student loans hit credit reports for the first time in five years,

By Alicia Wallace, CNN (CNN) — US inflation slowed to its lowest rate in more than four years, an unexpected and welcome development at a time when President Donald Trump’s dramatically escalated tariffs are expected to cause prices to rise. Consumer prices rose 0.2% last month, bringing the annual inflation rate to 2.3%, an unexpectedly

By Jordan Valinsky, CNN New York (CNN) — TGI Fridays, toiling in bankruptcy and dealing with a steady pace of closures, perhaps has a simple solution for all of its ills: Better food. On Tuesday, TGI Fridays is rolling out a revamped menu at its US restaurants which includes more mozzarella sticks options, upgraded steaks

By Jordan Valinsky, CNN New York (CNN) — UnitedHealth Group CEO Andrew Witty is stepping down immediately from his role for “personal reasons,” the company announced Tuesday. He will be replaced by Stephen Hemsley, the health insurer’s board chairman and former CEO from 2006 to 2017. Witty, who ran the health care giant for four

By Nathaniel Meyersohn, CNN New York (CNN) — President Donald Trump’s unpredictable trade policies and public threats against companies have made it nearly impossible to set prices. The Trump administration temporarily reduced tariffs on China over the weekend, but import taxes have already made baby gear, power drills, mattresses and other everyday products more expensive

By Nectar Gan, CNN Hong Kong (CNN) — Chinese leader Xi Jinping says “bullying” and “hegemonism” will only backfire, in a veiled reference to the United States just a day after a temporary truce was agreed in the trade war between the world’s two largest economies. Xi chose to deliver this message, which paints China