Money

By Chris Isidore, CNN (CNN) — It might not feel like fall. Beaches are still full this week ahead of Labor Day, and school hasn’t started in much of the country. Temperatures are still in the 80s in some places. But at Starbucks, fall arrives Tuesday, with the return of the Pumpkin Spice Latte –

By Gordon Ebanks, CNN (CNN) — Thousands of jobs are in jeopardy after the White House halted construction on a nearly complete wind farm in Rhode Island, the latest volley by the Trump administration against wind power. Danish clean energy company Ørsted, one of the project’s developers, received an order late Friday from the Bureau

By Nic F. Anderson, CNN (CNN) — Ludrick Cooper, an eighth-grade teacher in South Carolina, didn’t always like the idea of using artificial intelligence – in the classroom or otherwise. But he eventually came around. “This is the new encyclopedia,” said Cooper, who loved reading encyclopedias growing up. Cooper is just one of many teachers

CNN, POOL, GETTY, FOX BIZ By Elisabeth Buchwald, Bryan Mena, CNN (CNN) — President Donald Trump on Monday said he has fired Federal Reserve Governor Lisa Cook, according to a letter addressed to her posted on his social media — the first instance of a president firing a central bank governor in the central bank’s

By Elisabeth Buchwald, Bryan Mena, CNN (CNN) — President Donald Trump on Monday said he has fired Federal Reserve Governor Lisa Cook, according to a letter addressed to her posted on his social media — the first instance of a president firing a central bank governor in the central bank’s 111-year history. The unprecedented move

By Ramishah Maruf, CNN New York (CNN) — President Donald Trump said Cracker Barrel should go back to its logo Tuesday, a day after the chain said it could have done a better job in its restaurant revamp. “Cracker Barrel should go back to the old logo, admit a mistake based on customer response (the

By Matt Egan, CNN New York (CNN) — Texas manufacturers continue to express frustration over the Trump administration’s volatile tariff playbook and the impact of high borrowing costs. “Tariff Bingo is tough,” one furniture manufacturer told the Federal Reserve Bank of Dallas in a survey released Monday. “We are probably going out of business within

By Samantha Delouya, Bryan Mena, CNN (CNN) — President Donald Trump said late on Monday that he has fired Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud that haven’t been taken to court. There’s still a lot we don’t know about the situation. The firing, in a letter that was also posted to

By Chris Isidore, Auzinea Bacon, CNN (CNN) — Move over, CEOs. Someone else might be angling to weigh in on your company: the president of the United States. President Donald Trump has brought a transactional mindset to the White House, one in which the US government isn’t just a regulator but a participant. The administration

By Auzinea Bacon, CNN (CNN) — In just two days, Netflix’s “KPop Demon Hunters” sing-along surged to the No. 1 spot at the domestic box office, reportedly selling out more than 1,000 screens as fans seized the one-weekend opportunity. The streaming giant’s limited-release event was an unexpected win for the animated movie, which was released

Story by Reuters (Reuters) — Billionaire entrepreneur Elon Musk’s artificial intelligence startup xAI sued Apple (AAPL) and ChatGPT maker OpenAI in U.S. federal court in Texas on Monday, accusing them of illegally conspiring to thwart competition for artificial intelligence. Apple and OpenAI have “locked up markets to maintain their monopolies and prevent innovators like X

By Liam Reilly, Alejandra Jaramillo, Isabelle D’Antonio, CNN (CNN) — President Donald Trump on Sunday threatened to investigate Chris Christie over a decade-old political scandal and revoke ABC News’ broadcasting license after the Disney-owned network aired an interview in which the former governor sharply criticized the president. “Donald Trump sees himself as the person who

By Lianne Kolirin, CNN London (CNN) — Keurig Dr Pepper will acquire JDE Peet’s – whose brands include Douwe Egberts, Kenco and Peet’s Coffee – for more than $18 billion and split into two listed businesses. The company behind Dr Pepper and 7Up drinks and Keurig coffee products is set to separate into a soft

By Jeanne Sahadi, and Luciana Lopez, CNN (CNN) — Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans. Powell underscored that any upcoming rate cut would be dependent on the economic data. But Fed

By John Towfighi, CNN (CNN) — Tech companies are giving the world artificial intelligence — but ironically, the tech sector itself is among those now feeling the most pain from AI. The rise of AI tools that can write and develop code is clouding the outlook for the software industry, investors say, sending shares in

By Michelle Watson, CNN (CNN) — The Powerball jackpot has soared to $815 million after there were no big winners in Monday’s drawing, marking the 7th largest prize in the game’s history. Monday’s winning numbers – 16, 19, 34, 37, 64 with a red Powerball of 22 and a Power Play multiplier of 3 –

By Ramishah Maruf, CNN New York (CNN) — Like many Labubu fans, 28-year-old Joselyn Chamorro is over the craze. Waiting in overnight lines to buy the $30 mischievous dolls, or shelling out $100 to resellers, has lost its appeal. So when she saw a gas station in Lakeland, Florida, was selling fake Labubus — known