United States Business News

The latest jobs report had its share of shutdown-related quirks, but a familiar theme cut through the noise: The US labor market is stuck in a rut.

President Donald Trump said Wednesday his administration is starting to send checks in the amount of $1,776 to nearly 1.5 million US service members, using money from the “billions of dollars” he says the government has collected through his tariffs.

TikTok has signed the deal backed by President Donald Trump to spin off its US assets to create a new entity with a group of mostly American investors, CEO Shou Chew told employees in a memo Thursday.

Inflation unexpectedly slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living.

Truth Social parent company Trump Media & Technology Group announced a deal on Thursday to merge with nuclear fusion company TAE Technologies.

The European Union is on the precipice of a momentous decision on whether to use frozen Russian assets to finance more support for Ukraine. Critics argue the plan is legally questionable and risks retaliation by Moscow.

Many workers fear artificial intelligence is coming for their jobs, an idea bolstered by warnings from AI leaders and anecdotes from a recent Federal Reserve report.

Peter Arnett, the Pulitzer Prize-winning reporter who spent decades dodging bullets and bombs to bring the world eyewitness accounts of war from the rice paddies of Vietnam to the deserts of Iraq, has died at 91.

It’s been a rough year for job seekers.

Warner Bros. Discovery CEO David Zaslav said Wednesday that the regulatory review of Warner’s deal with Netflix has begun, even as Paramount mounts a hostile takeover bid.

The US government has collected $1 billion in de minimis tariff revenue since rolling back the exemption on low-value packages this spring, according to new data that Customs and Border Protection shared exclusively with CNN.

Federal prosecutors have charged top executives at the subprime auto lender Tricolor with conspiring to defraud lenders and investors of the now-bankrupt company.

Warner Bros. Discovery has officially rejected Paramount’s hostile takeover bid, advising its shareholders to do the same. But the battle is far from over. Let’s break down what just happened and what to expect next.

California is threatening to ban sales of Tesla cars in the state for 30 days after a regulator said the term “Autopilot” for its driver assist feature constitutes false advertising.

Warner Bros. Discovery is officially rejecting Paramount’s buyout offer, calling it “illusory” and arguing that the existing plan to sell most of the media company to Netflix is a better deal for shareholders.

Tech historians may look back on 2025 as a kind of trough in consumer robotics.

The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of some of the key ones before preparing your 2025 tax return.

President Donald Trump promised voters in 2024 that if they returned him to the White House, his policies would deliver a blue-collar jobs boom.

Up until this year, it was unheard of for a sitting American president to sue a news outlet. In just a few months, President Donald Trump has managed to make it seem normal.

Plans to ban the sale of new combustion engine cars in the European Union by 2035 have been thrown into turmoil after pressure from car manufacturers.

Merriam-Webster is the latest in a string of dictionaries to choose words of the year based on our relationship with technology and artificial intelligence.

Economists are expecting to learn on Tuesday that the US labor market slowed last month, adding just 40,000 jobs.

It’s getting harder to escape AI slop. But a growing backlash could put a premium on “human-made” content.

The November jobs report is landing at an odd time – on a Tuesday in mid-December, instead of (what’s usually) the first Friday of the month – due to the lingering impact of the historically long government shutdown.

President Donald Trump sued the BBC on Monday for defamation over edited clips of a speech that made it appear he directed supporters to storm the US Capitol, opening an international front in his fight against media coverage he deems untrue or unfair.

Ford on Monday said it is pulling back on its electric vehicle plans, a move that will result in a $19.5 billion charge against its earnings to be taken mostly in the current quarter.

The US government is launching an early career hiring and talent development program to bring more technology and artificial intelligence employees to the public sector, as part of the Trump administration’s efforts to modernize government systems and stay ahead in the global tech race.

The November jobs report is landing at an odd time – on a Tuesday in mid-December, instead of the first Friday of the month – due to the lingering impact of the historically long government shutdown.

Donald Trump’s return to the White House set off a gold rush on Wall Street and in the crypto world.

CNN is tracking price trends for various household staples each month as new factors threaten to increase costs.

Warren Buffett is renowned for his investment advice. But the billionaire, who is retiring later this month at age 95, also is a font of spiritual wisdom.

Vinyl records are popular again, but it’s not just audiophiles or nostalgic boomers fueling the resurgence.

The nation’s first universal child care program is rolling out in one of its poorest states — sparking debate about cost, sustainability and who benefits most.

Target hopes that a recapturing of its cultural cachet will spark a turnaround for its business. It’s turning to a fashion-forward New York neighborhood to get started.

Whether or not anyone wins the billion-dollar Powerball jackpot on Saturday, at least one of the losers might already be known: Mega Millions.

President Donald Trump on Thursday ordered a review of two major proxy advisory firms — companies that advise shareholders on votes — that had previously drawn the ire of Tesla CEO Elon Musk and others in Corporate America.

For many people, the economy is a simple equation: paychecks minus expenses. When it feels like our incomes are growing faster than prices, the economy is in good shape. When they’re not, it’s lousy.

A group of House Republicans handed President Donald Trump a rare rebuke on Thursday, voting to restore collective bargaining rights he had stripped from about 1 million federal workers earlier this year.

US lottery jackpots used to never reach $1 billion. They’ve done it 12 times in 5 years

Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud.

President Donald Trump on Thursday signed an executive order that blocks states from enforcing their own regulations around artificial intelligence and instead aims to create a “single national framework” for AI.

Lululemon Athletica said on Thursday that its CEO, Calvin McDonald, will step down in January, after about seven years at the helm as the yogawear maker navigates a challenging consumer environment in the United States as well as growing competition from newer brands.

Wall Street got the rate cut it wanted. But with the Federal Reserve set to take a more cautious approach to trimming interest rates in 2026, investors are now left to wrestle with other concerns that had been put on the back burner while Fed rate cuts were top of mind.

Time has announced that the “architects of AI” are its Person of the Year. Certainly, AI is wrapping up an extraordinary year, and many AI business executives have become household names.

Disney is taking a $1 billion equity stake in OpenAI, while also striking a deal that would allow its famous characters be used on Sora, the AI company’s video generation platform.

The main reason Americans are upset about the economy: They are still adjusting to high prices that surged during years of runaway inflation that took place during former President Joe Biden’s term.

AI-generated videos showing what appear to be underage girls in sexualized clothing or positions have together racked up millions of likes on TikTok, even though the platform’s rules prohibit such content, according to new research from an online safety non-profit.

President Donald Trump is blaming his predecessor Joe Biden for the affordability crisis that is roiling the US economy – and politics.

There are signs steeper US tariffs, introduced by US President Donald Trump, are feeding through to higher prices for Americans. But they are also inflicting pain beyond US borders. We look at examples from around the world.

Just a year ago, Chinese manufacturers, fearing a new trade war, rushed to push out exports following the election victory of President Donald Trump, who had pledged to slap punishing tariffs on imports from China over America’s widening trade deficit with the country.