Money

By Jordan Valinsky, CNN New York (CNN) — A few months after the collapse of Joann, a former foe is reviving the crafting and fabric store’s brand name. Michaels announced Wednesday that it is bringing a “Knit & Sew Shop” format to all of its US and Canada locations, which features the Joann name on

By Ana Nicolaci da Costa, CNN LONDON (CNN) — Right-leaning podcaster Joe Rogan has chimed in on the suspension of late night host Jimmy Kimmel amid pressure from the Trump administration, saying the government should not determine what comedians say and that conservatives were “crazy” to support any such interference. Disney’s ABC last week took

By Jordan Valinsky, CNN New York (CNN) — As Aldi expands across the United States, so does its name recognition. Now, that name will be stamped on all of its own products. Aldi announced Wednesday sweeping changes across its product portfolio, drastically reducing the number of in-house brands from about 90 to 26 and consolidating

By Matt Egan, CNN New York (CNN) — Tariffs are fueling a significant chunk of price hikes across the economy, according to a survey of executives released Wednesday. Chief financial officers estimate tariffs are to blame for about one-third of their companies’ price growth this year, according to The CFO Survey issued by Duke University

By Brian Stelter, Dan Heching, Andrew Kirell, CNN (CNN) — Jimmy Kimmel returned to his late-night stage Tuesday night and urged viewers to stand up to President Donald Trump’s threats, even as Trump sent out a new social media attack against Kimmel’s network, ABC. In an eloquent and emotional monologue, Kimmel assailed “anti-American” efforts to

By John Liu, CNN (CNN) — China’s powerful internet censors have long been known for erasing political dissent, vitriol against the Communist Party leadership, and mention of sensitive historical events. Now, they’re being unleashed on a new scourge – negativity. The country’s internet regulator on Monday unveiled a two-month nationwide campaign aimed at curbing pessimism

By Liam Reilly, CNN (CNN) — Disney is hiking the price of its subscription streaming service — and the timing couldn’t be more awkward, given the controversy surrounding the media giant’s handling of Jimmy Kimmel this past week. Starting October 21, Disney+’s plan with ads will increase $2 to $11.99, while its ad-free tier will

By Bryan Mena, CNN Washington (CNN) — America’s central bankers continue to deal with the double whammy of potentially higher inflation and a slowing labor market, Federal Reserve Chair Jerome Powell said Tuesday, calling it a “challenging situation” for Fed policymakers. But, for now, interest rates are in a good place to deal with either

By Ana Nicolaci da Costa, CNN LONDON (CNN) — Amazon is planning to close all of its Amazon Fresh stores in the United Kingdom as it focuses on online grocery services. The e-commerce giant plans to shut 14 stores and convert another five into Whole Foods Market stores, it said in a statement Tuesday. “In

By Lisa Eadicicco, CNN New York (CNN) — The overwhelming majority of tech industry workers use artificial intelligence on the job for tasks like writing and modifying code, a new Google study has found. The report, coming from Google’s DORA research division and based on 5,000 responses from technology professionals around the world, found that

By Jordan Valinsky, CNN New York (CNN) — Perhaps with Leo Messi as the face of Michelob Ultra, it was only a matter of time before the light lager achieved GOAT status. The Anheuser-Busch beer has overtaken Bud Light and maintained its lead over rival Modelo Especial in US retail sales by volume for the

By Chris Isidore, CNN (CNN) — Sales of electric vehicles in the United States are almost certain to tumble when the $7,500 federal tax credit for EV buyers expires on October 1. But where prices go is less certain. The tax credit, passed by the Biden administration in 2022 to support EVs, is going away

By Jeanne Sahadi, CNN (CNN) — Maybe you’ve heard of “The Gentle Art of Swedish Death Cleaning.” It’s a guide to proactively downsizing your stuff while you’re still alive. Doing so spares your heirs the mess of doing it themselves, and the potential fights they may have in the process. Similarly, you can avoid leaving

By Liam Reilly, CNN (CNN) — After remaining mum on fellow ABC host Jimmy Kimmel’s suspension last week, the hosts of “The View” on Monday spoke out against the Trump administration’s recent crackdown on free speech. “Did y’all really think we weren’t going to talk about Jimmy Kimmel? Have you watched the show over the

By Bryan Mena, CNN Washington (CNN) — Central bankers are underestimating how much pressure interest rates are putting on America’s labor market, said Federal Reserve Governor Stephen Miran, a staunch ally of President Donald Trump, on Monday. “I view policy as very restrictive, (and) believe it poses material risks to the Fed’semployment mandate,” Miran said

By Clare Duffy, CNN New York (CNN) — The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the agreement, the app’s algorithm will be operated in the United States and overseen by Oracle. The

By Jordan Valinsky, CNN New York (CNN) — The Federal Trade Commission’s long-awaited trial against Amazon begins this week, with the e-commerce giant’s cancellation practices under the microscope. The lawsuit, filed in 2023 under the Biden administration, accuses Amazon of tricking millions of consumers into signing up for its Prime subscription service through deceptive user

By David Goldman, CNN (CNN) — Sal Iacono, Jimmy Kimmel’s cousin and a long-time writer and performer on “Jimmy Kimmel Live!” suggested Sunday that the show may not be coming back on the air after ABC indefinitely suspended the program last week. On an episode of “The Bill Simmons Podcast” late Sunday night, Iacono said

By Brian Stelter, CNN (CNN) — Media lawyers and newsroom leaders are evaluating a government memo spelling out new rules that would sharply restrict reporting at the Pentagon. Several of the country’s biggest news outlets are publicly pushing back on the rules, foreshadowing a potential legal battle. “This policy operates as a prior restraint on