Money

CNN By Jordan Valinsky, Vanessa Yurkevich, CNN New York (CNN) — Hours after Ben & Jerry’s co-founder Jerry Greenfield resigned from the ice cream company he founded nearly five decades ago, his former business partner, Ben Cohen, revealed to CNN why Jerry felt he had to leave. “Jerry has a really big heart, and this

By John Towfighi, CNN (CNN) — FBI Director Kash Patel spurred a fierce but fleeting rally in Krispy Kreme shares (DNUT) on Wednesday after he said the stock was a solid investment. The comment came during Patel’s testimony before the House Judiciary Committee on Wednesday. Colorado Rep. Joe Neguse asked Patel about his decision to

By Samantha Delouya, CNN (CNN) — Anthropic CEO Dario Amodei doubled down on his warning that artificial intelligence could soon cause mass unemployment, even as the technology’s current capabilities lag behind many predictions. Amodei, who runs one of the world’s leading AI labs, warned that the technology is advancing “very quickly” and has already begun

By Ramishah Maruf, CNN New York (CNN) — Customer visits to Cracker Barrel fell after intense backlash to its proposed logo change and renovations, the company said in its earnings call Wednesday, and it expects a continued decline in the coming months. Traffic has fallen 8% since the chain initially changed its logo on August

CNN By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market. However, the economy’s path forward looks murky, according to the central bank’s leader. The Fed cut its benchmark lending rate by a quarter point to a new

By Jordan Valinsky, Vanessa Yurkevich, CNN New York (CNN) — Hours after Ben & Jerry’s co-founder Jerry Greenfield resigned from the ice cream company he founded nearly five decades ago, his former business partner, Ben Cohen, revealed to CNN why Jerry felt he had to leave. “Jerry has a really big heart, and this conflict

By Hadas Gold, CNN (CNN) — Elon Musk is back to business – and back to sending emails asking employees what they’ve accomplished. On Tuesday afternoon, Musk sent an email asking all xAI employees to “send a one page summary of what you’ve accomplished in the past four weeks and what you intend to accomplish

By Brian Stelter, Liam Reilly, CNN (CNN) — President Trump’s defamation lawsuit against The New York Times is meritless, according to half a dozen lawyers and First Amendment scholars who spoke with CNN. But Trump’s chances in court are almost beside the point, some of the experts said, because the president seems to want a

CNN, POOL, MSNBC By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market. However, the economy’s path forward looks murky, according to the central bank’s leader. The Fed cut its benchmark lending rate by a quarter point to

By John Liu, CNN (CNN) — Ben & Jerry’s co-founder Jerry Greenfield has quit the ice cream brand he started in 1978 amid a dispute with its British owner Unilever, according to a post by the company’s other co-founder, Ben Cohen. Cohen shared a statement from Greenfield that said quitting was “one of the hardest

By Hadas Gold, CNN (CNN) — The families of three minors are suing Character Technologies, Inc., the developer of Character.AI, alleging that their children died by or attempted suicide and were otherwise harmed after interacting with the company’s chatbots. The families, represented by the Social Media Victims Law Center, are also suing Google. Two of

By Elisabeth Buchwald, CNN Annandale-on-Hudson, New York (CNN) — When the July jobs report was first released on August 1, it didn’t feel any different for Erika McEntarfer, former commissioner at the Bureau of Labor Statistics, compared to when other employment reports came out. But that quickly changed after she learned that President Donald Trump

By Gordon Ebanks, CNN (CNN) — Costco is issuing a recall for its Kirkland Signature Prosecco Valdobbiadene, saying that unopened bottles of the wine could “shatter” without being touched. In a letter posted on its website, the company warned customers in 12 states across the Midwest and South to immediately dispose of the bottles “by

By Alayna Treene, David Goldman, CNN (CNN) — A proposal to save TikTok from going dark in the United States would involve investments from a number of US-based venture capital firms, private equity funds and tech companies. Together, the investors would create a new US-based company that will operate the app domestically, sources familiar with

By David Goldman, CNN (CNN) — Dave & Buster’s new CEO is not holding back. Tarun Lal, who took the reins in July, said on his first earnings call with Wall Street analysts Monday night that his company is in more trouble than previously believed. Profit growth continued to shrink, sales have flatlined, and the

By Bryan Mena, CNN Washington (CNN) — Federal Reserve officials are convening Tuesday and Wednesday for a pivotal meeting under unprecedented circumstances. On Wednesday at the conclusion of their two-day policy meeting, central bankers are expected to announce their first interest rate cut since December to support America’s slowing labor market, with the hopes that