Skip to Content

CNN – Business/Consumer

Shoppers carry bags in Los Angeles on August 28.

The US economy expanded at the fastest pace in two years as wealthier Americans kept spending

By Elisabeth Buchwald, CNN (CNN) — An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department data released Tuesday. That’s the fastest growth rate in two years. An acceleration

Continue Reading

‘60 Minutes’ story shelved by Bari Weiss streamed in Canada — and instantly spread across the web

By Brian Stelter, CNN (CNN) — CBS News editor in chief Bari Weiss decided to shelve a planned “60 Minutes” story titled “Inside CECOT,” creating an uproar inside CBS, but the report has reached a worldwide audience anyway. On Monday, some Canadian viewers noticed that the pre-planned “60 Minutes” episode was published on a streaming

Continue Reading
Larry Ellison

Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion

By David Goldman, CNN (CNN) — Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to bankroll the transaction. The Ellisons will also let shareholders peer into the finances of their family

Continue Reading
“The public will correctly identify this as corporate censorship

CBS shelves ‘60 Minutes’ story on Trump deportees at the last minute: ‘People are threatening to quit,’ staffers say

By Brian Stelter, CNN (CNN) — CBS News suddenly shelved a “60 Minutes” segment featuring the accounts of Venezuelan men deported by the Trump administration to a notorious maximum-security prison in El Salvador. Now one of its own correspondents fears the program is being “dismantled,” and some employees are threatening to quit. The correspondent who

Continue Reading