CNN – Business/Consumer

By David Goldman, Chris Isidore, CNN (CNN) — SpaceX revealed its long-awaited plans to go public on Wednesday, shedding light on the finances and leadership of one of the largest, best-known and yet most secretive private companies in history. Elon Musk’s rocket and satellite company revealed previously undisclosed details, including its board members, sales, profit,

By Hadas Gold, Kristen Holmes, CNN (CNN) — The White House on Thursday postponed plans for President Donald Trump to sign an executive order establishing a voluntary review process for artificial intelligence models before they’re released, according to a source familiar with the plans. Trump said he had delayed the EO signing because he “didn’t

By Samantha Delouya, CNN (CNN) — A landmark housing affordability package moved one step closer to becoming law on Wednesday after winning bipartisan approval in the House of Representatives. The measure is an amended version of the 21st Century ROAD to Housing Act, which cleared the Senate in March. The bill, which won approval in

By Brian Stelter, CNN (CNN) — James Murdoch just made a big investment in the American news media. On Wednesday morning, his media and tech holding company, Lupa Systems, said it had agreed to acquire most of Vox Media, including Vox’s main website, its popular podcast network, and New York magazine. The deal was announced

By Alicia Wallace, CNN (CNN) — This summer is expected to be the worst on record for teen hiring, according to the latest forecast from Challenger, Gray & Christmas. The outplacement and consulting firm projected that an estimated 790,000 jobs would go to teen workers in May, June and July, landing below last summer’s record-low

By Clare Duffy, CNN New York (CNN) — Meta has partnered with a network of mom and family influencers to spread the word about its teen safety tools and message that Instagram is safe for teens, according to a new tech watchdog report. The promotional push has come as Meta faces ongoing concerns from online

By Liam Reilly, CNN (CNN) — Stream CNN FlashDoc’s new documentary “The Last Laugh: Stephen Colbert,” examining the legacy of one of America’s most influential satirists, on the CNN app. Stephen Colbert’s final “Late Show” broadcast on Thursday will close out his run in the storied CBS late-night chair once occupied by David Letterman. What

By Jeanne Sahadi, CNN (CNN) — The United States is not in a recession, but the normal economic cycle means it will be at some point. Exactly when is hard to predict. A nationwide recession is marked by a decline in economic activity over at least several months. Think lower consumer spending, higher job losses,

By Samantha Delouya, CNN (CNN) — Homebuyers browsing Zillow across parts of the Midwest on Wednesday may find incomplete or outdated listings, after a mounting legal fight disrupted the flow of new listings to the platform. That’s because Midwest Real Estate Data, or MRED, cut off Zillow’s access to its regional home-listing database serving Chicago

By Anna Cooban, Mauricio Torres, CNN London (CNN) — Jonathan Andic, the son of the late founder of Spanish fashion giant Mango, was arrested Tuesday in connection with his father’s death in 2024. Isak Andic, who founded Mango in the mid-1980s, died at age 71 after plunging down a 320-foot ravine in December 2024 while

By Hadas Gold, CNN (CNN) — Online platforms are now required by law to remove non-consensual intimate images within 48 hours of reporting, as a federal law criminalizing the sharing of such content goes into full effect Tuesday. President Donald Trump signed the Take It Down Act into law last year, which makes it illegal

By John Towfighi, CNN New York (CNN) — A bond rout is deepening as inflation fears take hold of the Treasury market, threatening to raise borrowing costs across the US economy. The 30-year US Treasury yield just hit 5.2%, its highest level since 2007, rising on worries about persistent price hikes because of the Iran

By Matt Egan, CNN New York (CNN) — Wholesale motor oil prices are rising rapidly, and some industry executives are warning of imminent shortages caused by the war with Iran. Damage to key facilities in the Middle East and the shutdown of the Strait of Hormuz have combined to create a perfect storm in this

Reuters Seoul (Reuters) — The head of Starbucks Korea has been fired after a marketing campaign sparked public outrage for evoking painful memories of a brutal military crackdown on pro-democracy protesters in 1980. Shinsegae Group, the retail conglomerate that licenses and manages the US coffee chain in South Korea, said it had sacked Sohn Jeong-hyun,

By Chris Isidore, CNN (CNN) — A three-day strike on the nation’s largest commuter rail system ended after marathon negotiations concluded Monday with the unions and Long Island Rail Road reaching a tentative deal. The deal was announced by New York Gov. Kathy Hochul in a post on X, who described it as delivering raises