Money

By Bryan Mena, Alicia Wallace, CNN Washington (CNN) — The US economy grew at a much slower pace in the final months of 2025 as the historic government shutdown weighed on economic activity, ending a year that saw the weakest growth since the pandemic. Still, it was far from the worst-case scenario economists feared when

By Vanessa Yurkevich, CNN New York (CNN) — Egg prices have been plummeting. That’s great news for American shoppers, but bad news for American farmers. The average price of a dozen eggs at the grocery store is $2.58, according to the Bureau of Labor Statistics. That’s about half of what many consumers were paying a

By Ramishah Maruf, Clare Duffy, CNN New York (CNN) — The West Virginia attorney general’s office sued Apple on Thursday, claiming the tech giant allowed child sexual abuse materials (CSAM) to be stored and distributed on its iCloud service. The lawsuit claims that Apple prioritized user privacy over child safety for years. The company has

By John Towfighi, CNN (CNN) — Oil prices jumped Thursday to their highest level in nearly seven months and investors snapped up safe havens like gold, as tensions between the United States and Iran continue to flare. Brent crude, the global benchmark, rose 1.86%, to $71.66 per barrel. US crude rose 1.9%, to $66.43 per

By Nathaniel Meyersohn, CNN New York (CNN) — Amazon has surpassed Walmart as the world’s largest company, measured by sales, breaking Walmart’s 13-year streak at the top of the list. Amazon posted $717 billion in sales in 2025. Walmart, the largest company in the world for more than a decade, recorded $713 billion in sales

By Chris Isidore, CNN (CNN) — The day before Philip Siefke went shopping for a new car insurance policy, he happened to hit his brakes hard while driving. Not 24 hours later, when he priced a policy with Progressive, he was shocked to find the insurer already knew about that mundane experience. “I’m like, how

By Lisa Eadicicco, CNN (CNN) — AI is either your most helpful coworker, a glorified search engine or vastly overrated depending on who you ask. And no one seems to agree on which is right. Tech executives championing AI have long spun the narrative that the tech will revolutionize jobs and bring about a new

By Hanna Ziady, CNN London (CNN) — Nestlé has thawed on ice cream. The world’s biggest food and drinks maker said Thursday that it was in “advanced negotiations” to sell its remaining ice cream business to its joint venture partner, Froneri. The division, which includes brands such as Häagen-Dazs and Drumstick, is valued at just

CNN, MONA EDWARDS By Clare Duffy, Samantha Delouya, Veronica Miracle, CNN Los Angeles (CNN) — Meta CEO Mark Zuckerberg on Wednesday testified before a jury for the first time about accusations that social media, including Instagram, harm children’s mental health. Kaley, a 20-year-old woman, alleges Instagram and Google’s YouTube were intentionally designed to be addictive

By Elisabeth Buchwald, CNN (CNN) — National Economic Council Director Kevin Hassett said Wednesday that researchers at the New York Federal Reserve who produced a study finding American businesses and consumers are shouldering 90% of the cost of President Donald Trump’s tariffs should be “disciplined.” “It’s, I think, the worst paper I’ve ever seen in

By Brian Stelter, CNN (CNN) — A recent FCC inquiry to ABC about a possible “equal time” rule violation at “The View” raised concerns at CBS that “The Late Show with Stephen Colbert” could be targeted next, according to people familiar with CBS’s deliberations. The government pressure clearly had an impact. Lawyers for CBS contacted

By Hanna Ziady, CNN London (CNN) — Microsoft says it is on track to invest $50 billion by the end of the decade to help bring artificial intelligence to lower-income countries, as concerns mount over the technology’s potential to deepen inequality. The announcement was made Wednesday at the AI Impact Summit in New Delhi, where

By Matt Egan, CNN New York (CNN) — A growing wave of business leaders has had their careers derailed after the recent release of millions of files linked to convicted sex offender Jeffrey Epstein. Corporate America initially saw limited ramifications after the US Justice Department was forced to release some of the Epstein documents in

By Clare Duffy, Samantha Delouya, Veronica Miracle, CNN New York (CNN) — Meta CEO Mark Zuckerberg was grilled Wednesday about whether his company intentionally designed Instagram to be addictive, in front of the young woman accusing Meta and YouTube of hooking her as a child and damaging her mental health. The Meta CEO, testifying before

CNN By Brian Stelter, CNN (CNN) — Stephen Colbert taped a “Late Show” interview with James Talarico, a candidate in the Democratic Senate primary in Texas. But he says CBS lawyers intervened before the interview could air on TV. “We were told in no uncertain terms by our network’s lawyers, who called us directly, that

By Bryan Mena, John Towfighi, CNN New York (CNN) — Advances in AI are unlikely to push down interest rates in the short term, a key Federal Reserve official said Tuesday — a stark contrast to Fed Chair nominee Kevin Warsh’s plan for slashing borrowing costs. “I expect that the AI boom is unlikely to

By Gordon Ebanks, CNN (CNN) — As state legislatures around the country meet to solidify their budgets for the year ahead, the effects of the One Big Beautiful Bill Act and an uncertain economic future are pushing states to take a hard look at their finances. Fourteen states are facing budget deficits for the next