CNN – Business/Consumer

By Anna Cooban, CNN London (CNN) — Eurostar has specified that its new fleet of trains must be able to withstand sweltering temperatures of 55 degrees Celsius, or 131 degrees Fahrenheit, as it gears up for a radically altered European climate over the coming decades. The company, which operates high-speed trains connecting a handful of

By Jordan Valinsky, CNN New York (CNN) — The elimination of the United States and Mexico in the World Cup is proving to be a win for fans looking for a deal on tickets. For Friday’s battle between Spain and Belgium, prices have plunged 65%, according to TickPick, a secondary ticket marketplace. The United States

By Hanna Ziady, CNN Inside a futuristic building in central London, leather-bound tomes contain quill-and-ink records of vessels lost at sea over the past 250 years. An entry in one of hundreds of such “Loss Books” details the demise of the Titanic in April 1912. More than 100 years later, entries are still handwritten using

By Stephanie Yang, CNN (CNN) — A company many people might never have heard of a year ago has landed the largest ever US listing by a foreign corporation, granting American investors direct access to one of the hottest trades of the year. On Friday, semiconductor manufacturing giant SK Hynix begins trading at $149 per

By Bryan Mena, Elisabeth Buchwald, CNN (CNN) — Federal Reserve Chairman Kevin Warsh on Thursday unveiled the members of the five task forces that will examine key issues that shape US monetary policy as part of his broader bid to reshape the world’s most powerful central bank. In addition to academics and former central bankers,

By Chris Isidore, CNN Bristol, Pennsylvania (CNN) — President Donald Trump is heralding a new chain of gas stations that are selling gas for $3.479 a gallon, well below both market prices and wholesale costs. “This retailer is taking the lead, and others should follow,” he wrote in a Truth Social post last week, highlighting the July

By Samantha Delouya, CNN (CNN) — Home shoppers hoping for a break in affordability as the spring homebuying season wraps up may be in for another letdown. The war with Iran and the inflation spike that followed have kept mortgage rates stubbornly high, while fresh fears that the Federal Reserve could raise interest rates to

By Anna Cooban, CNN London (CNN) — Russia has fully banned exports of diesel after Ukrainian drone strikes on its refineries triggered widespread fuel shortages and as the global energy market braces for more disruption in the Strait of Hormuz. Russian Deputy Prime Minister Alexander Novak announced the ban in a televised meeting alongside President

By John Towfighi, CNN New York (CNN) — The stocks that have fueled Wall Street’s powerful AI rally are suddenly under pressure as investors evaluate rising tensions in the Middle East, take profits after a historic run and reassess where to find value. After months of hitting record highs, semiconductor chip stocks have dropped in

By Brian Stelter, CNN (CNN) — Lawyers for several states are finalizing an antitrust lawsuit challenging Paramount’s pending acquisition of Warner Bros. Discovery, including CNN, according to people involved in the legal process. The multistate suit will likely be filed next week, the sources told CNN, though the filing date is subject to change. If

By Chris Isidore, CNN (CNN) — Apple announced a $30 billion deal to design chips made in the United States by Broadcom. It’s part of Apple’s continued effort to diversify the source of its components and help support domestic chip production – a goal shared by President Donald Trump. Broadcom makes wireless connectivity chips to

By Lianne Kolirin, CNN (CNN) — Gamers are being asked to hunt down lost artifacts from the American Revolutionary War in a virtual treasure hunt that creators hope will lead to some real-world discoveries. “June’s Journey” is a popular free-to-play hidden object mobile game from Berlin-based developer Wooga. Players step into 1920s New York where

By Ramishah Maruf, CNN New York (CNN) — The Statue of Liberty. The Hollywood sign. Walmart? The nation’s largest retailer has entranced World Cup tourists. Videos by first-time Walmart visitors from abroad have racked up millions of views and thousands of comments on social media. Now Walmart wants to capitalize on that unbridled enthusiasm for

CNN By Samantha Delouya, CNN (CNN) — New York City has bet heavily on converting aging office buildings into apartments to help ease a housing shortage. But the threat of a partial collapse Tuesday by one such conversion in progress highlighted the significant challenges of those construction projects. The former Pfizer building, located on East

By Samantha Delouya, CNN (CNN) — New York City has bet heavily on converting aging office buildings into apartments to help ease a housing shortage. But the threat of a partial collapse Tuesday by one such conversion in progress highlighted the significant challenges of those construction projects. The former Pfizer building, located on East 42nd

By Brian Stelter, CNN (CNN) — Another one of President Donald Trump’s lawsuits against a news organization has fizzled out. This time, it is a defamation lawsuit that the Trump Media and Technology Group brought against The Washington Post in 2023 over a story titled “Trust linked to porn-friendly bank could gain a stake in

By Lauren Said-Moorhouse, CNN London (CNN) — The Duke of Sussex and six others have lost a high-stakes case against the publisher of the Daily Mail over allegations of unlawful information gathering. All of the claims were dismissed by a UK High Court judge on Tuesday after the group failed to prove the allegations against

By John Towfighi, CNN New York (CNN) — SpaceX is set to officially join the Nasdaq 100 index on Tuesday, giving investors new exposure to the stock while triggering billions of dollars in automatic purchases by index funds. SpaceX’s inclusion in the Nasdaq 100 marks a new chapter in the stock’s closely watched post-IPO journey.

By Bryan Mena, CNN (CNN) — At the Richmond Neighborhood Center in San Francisco, more than 200 people are on the waitlist for the food pantry. The center is just a couple of miles west of “AI Alley,” where a cluster of major AI companies take in billions of dollars in investments and pay out

By Ramishah Maruf, CNN New York (CNN) — President Donald Trump is taking credit for Walmart’s summer sale, claiming that a request from his administration led to discounts on thousands of items for summer road trips and pool parties that happen every year. The country’s largest grocer on Monday highlighted some of its seasonal sales,

By Lisa Eadicicco, CNN (CNN) — Microsoft is eliminating about 4,800 jobs — about 2.1% of the company’s global workforce — with its Xbox gaming unit among the hardest hit. “Our business is changing because the world around it is changing,” Amy Coleman, Microsoft’s executive vice president and chief people officer, said in a message

By Jeanne Sahadi, John Towfighi, CNN (CNN) — A year after becoming law, the new savings and investment vehicle for children known as the Trump Accounts officially became operational on Saturday, July 4. President Donald Trump rang the opening bell for Nasdaq and the New York Stock Exchange from the Oval Office on Monday to

By Jordan Valinsky, CNN New York (CNN) — Cracker Barrel CEO Julie Felss Masino said six months ago that she thought she was “fired by America” following a bungled revamp. Today, she could be on the path to forgiveness. The chain’s focus on getting back to its roots, doubling down on Southern-inspired comfort food and

By Vanessa Yurkevich, CNN New York (CNN) — This March, actress Brooke Shields made a reservation at a Mexican restaurant in Denver, Colorado called Casa Bonita under a fake name – but not to avoid paparazzi It was so the restaurant’s management team and owners Trey Parker and Matt Stone, who are also the creators

By Jeanne Sahadi, CNN (CNN) — The Treasury Department announced on October 1 that it had automatically enrolled all eligible children for Trump Accounts, the new federal savings and investment vehicle for kids that went live on July 4. Until now, parents had to proactively sign up for a Trump Account, but fewer than eight

By David Goldman, CNN (CNN) — The price displayed above that third button on the gas pump averaged more than $5.40 for several days this spring. American drivers still couldn’t get enough. Premium gas now costs around a buck a gallon more than regular – way more than the price “premium” that drivers paid for

By Anna Cooban, Chris Isidore, CNN London (CNN) — Tesla’s global sales shot up 25% in the second quarter in a sign that Elon Musk’s EV maker may be turning a corner – at least in Europe. The company posted deliveries of more than 480,000 in the three months to the end of June, up

By David Goldman, CNN (CNN) — President Donald Trump launched his $TRUMP memecoin in the days leading up to his second inauguration, ushering in a pro-crypto administration – and a lucrative family business. The venture that netted Trump hundreds of millions of dollars last year, part of overall crypto gains that topped $1 billion. Most

By Anna Cooban, CNN London (CNN) — A new trade deal between the United States and United Kingdom could result in more than 200,000 otherwise avoidable deaths in England by diverting billions of pounds away from vital health services, according to a new analysis. In December, the UK agreed with Washington DC to increase the

By Hanna Ziady, CNN London (CNN) — OpenAI, the creator of ChatGPT, is reportedly discussing handing the Trump administration a 5% stake in the company amid growing government scrutiny of artificial intelligence firms. The proposal would involve other US AI companies giving the government similar stakes, the Financial Times reported Thursday, citing two people familiar

By Alicia Wallace, CNN (CNN) — US job growth settled down after a spring surge, as employers added a lower-than-expected 57,000 positions last month, according to Bureau of Labor Statistics data released Thursday. June’s tally is a marked cooldown from solid gains previously reported for the three months prior. Monthly totals for April and May

By John Towfighi, CNN (CNN) — The Japanese yen has dropped to a 40-year low against the US dollar, putting investors on watch for potential government intervention by Japan that could ripple through US stocks, the Treasury market and the broader global economy. The yen’s decline to its lowest level since 1986 has been fueled

By Alicia Wallace, CNN (CNN) — For much of the past 18 months, the labor market has remained largely frozen. Rampant uncertainty, a lasting hangover from pandemic-era overhiring, the rise of AI, and a cocktail of other economic concerns – persistently high inflation, elevated interest rates and a shrinking labor force – stifled businesses’ expansion

By Elisabeth Buchwald, CNN (CNN) — Six years ago, President Donald Trump hailed his US-Mexico-Canada Agreement, or USMCA, as the “fairest, most balanced, and beneficial trade agreement we have ever signed.” Now, as the pact is up for review, Trump says he’s ready to abandon it. “I’m not looking to renew it,” Trump said last

By Bryan Mena, CNN Washington (CNN) — Federal Reserve Chairman Kevin Warsh isn’t alone in arguing that central banks should stop trying to predict the economy: A slew of top central bankers said Wednesday they also question the practice of speculating about the economy’s future path. “We have found common cause,” Warsh said Wednesday during

By John Towfighi, CNN New York (CNN) — It’s been a wild few months for markets: Oil industry disruption. Resurgent inflation. Nerves about AI. Despite it all, US stocks are still trading near record highs. The S&P 500 and Nasdaq have surged about 15% and 21%, respectively, since the end of March, bouncing back from

By Ramishah Maruf, CNN New York (CNN) — It’s a cruel summer for anyone who wants details on Taylor Swift and Travis Kelce’s impending wedding celebration. But one thing is for certain: If the nuptials do happen at Madison Square Garden, the newly minted billionaire and three-time NFL champion can afford to go all out.

By Tami Luhby, CNN (CNN) — Attention federal student loan borrowers: Major changes are coming your way, starting Wednesday. That’s when many of the provisions contained in President Donald Trump’s sweeping One Big Beautiful Bill Act take effect. Some borrowers, particularly lower-income folks, will be hit with higher monthly payments. New professional and graduate students

By Hadas Gold, CNN (CNN) — The US government has lifted export controls on Anthropic’s most advanced AI models, the company said Tuesday evening. “We’ve received notice that the Department of Commerce has lifted export controls on Claude Fable 5 and Mythos 5,” Anthropic said in a statement. “We’ll begin restoring access tomorrow, and will

By Brian Stelter, CNN (CNN) — NPR’s eminent Supreme Court correspondent Nina Totenberg says she made a “rookie mistake” on Tuesday morning, and that’s why she reported that Justice Samuel Alito was retiring. Totenberg’s story sent other newsrooms scrambling to confirm, leading a court spokesperson to deny the reporting. Totenberg discussed the matter on “All

By Hanna Ziady, CNN London (CNN) — More central banks plan to cut their dollar holdings than increase them over the next decade for the first time, according to a global survey, reflecting a rise in political risk associated with the US currency. The findings come amid a Middle East war partly started by the

By Alicia Wallace, CNN (CNN) — Good news for job seekers: The number of available positions in the United States increased for the second month in a row. New data Tuesday showed that the estimated number of job openings ticked higher in May to nearly 7.6 million, from 7.59 million, setting a fresh two-year high

By Ivana Kottasová, Brian Stelter, CNN London (CNN) — The British government said on Tuesday that it is likely to challenge Paramount Skydance’s takeover of Warner Bros. Discovery, potentially complicating the finalization of the $110 billion merger. The British culture minister Lisa Nandy said in a statement that she was “minded to intervene” in Paramount’s

By John Towfighi, CNN New York (CNN) — SpaceX was expected to be one of the hottest stocks on Wall Street this year – and it has quickly delivered on that promise, shattering trading volume records while companies race to launch new products tied to the stock. Both the size of the IPO and the

By John Liu, Fred He, CNN Hong Kong/Hangzhou/Beijing (CNN) — When humanoid robots dominated the stage of last year’s Spring Festival Gala with sleek dance routines, Ai Lin saw more than a spectacle. He saw a business. Soon after, the e-commerce livestreamer in Hangzhou shelled out $30,000 for his first android and turned it into

By Clare Duffy, CNN New York (CNN) — Social media giants have for years touted their growing slate of safety tools and protections as proof that they prioritize young users’ wellbeing. But more than half of those protections don’t work as advertised, new research finds. Researchers at the Cybersafety Research Center tested 86 youth safety

By Brian Stelter, CNN (CNN) — Comcast is positioning itself for the next round of media industry merger and acquisition activity. That’s what industry analysts are saying about the company’s Monday morning announcement about spinning off NBCUniversal. Comcast says it is going to spend the next year separating NBCUniversal and a European media arm, Sky,

By Brian Stelter, CNN (CNN) — As the knockout rounds of the World Cup begin, Fox and Telemundo can be crowned as two of the biggest winners off the field. Fox Sports is the tournament’s English-language television broadcaster in the US, and Telemundo is the Spanish-language broadcaster. Both networks broke viewership records during the World

By Hadas Gold, CNN Dallas, Texas (CNN) — When the pandemic decimated the live events scene, Joe Allen “packed up a survival bunker on wheels” and headed out on a new career path. Jobs were few and far between for “concert riggers” like Allen, who set up concert lighting and sound systems. So he pursued

CNN By Hadas Gold, CNN Dallas, Texas (CNN) — When the pandemic decimated the live events scene, Joe Allen “packed up a survival bunker on wheels” and headed out on a new career path. Jobs were few and far between for “concert riggers” like Allen, who set up concert lighting and sound systems. So he

By Julian Torres, CNN New York (CNN) — On July 4, one week from today, parents across the United States will be able to start contributing to a Trump Account, the newest option to invest in their child’s future. The investment accounts have attracted a wave of interest from eligible families who want to claim

By Hadas Gold, CNN (CNN) — The US government has allowed Anthropic to release its powerful Mythos AI model to select companies and organizations, revising license requirements after ordering an export block earlier this month in the wake of national security fears. Since the export ban earlier in June, “Anthropic has worked with the US

By Elisabeth Buchwald, Lucy Bayly, CNN (CNN) — After months of souring views driven in part by a surge in gas prices, Americans are feeling more and more optimistic about the economy, according to new data released Friday. Consumer sentiment rose this month from an earlier reading of 48.9 to a final reading of 49.5,

By Anna Cooban, CNN London (CNN) — Volkswagen, one of the world’s largest automakers, is reportedly planning to axe as many as 100,000 jobs over the next few years, representing 15% of its global workforce. The job cuts would come alongside the planned closure of four factories in Germany and a 15% reduction in investment

By David Goldman, CNN (CNN) — Tech stock traders can be an impatient bunch. But lately, they’ve grown seriously ticked off about the high price they’ve paid to get into the AI game without the profit boost they were expecting. The Nasdaq, a barometer for the tech industry, was set to sink another 1.2% Friday,

By Vanessa Yurkevich, CNN (CNN) — The Strait of Hormuz has seen more traffic in the last week than it has in the past three months. But that has slowed down Friday as a critical evacuation plan is put on hold. Seventy-three vessels transited the critical waterway on Wednesday, the highest number since shortly after

By Hadas Gold, CNN (CNN) — The White House has requested OpenAI limit the release of its upcoming GPT 5.6 model to a small number of government-approved partners because of its advanced capabilities, a source familiar with the situation told CNN. The request comes after the administration placed an export control order on Anthropic, leading

By Chris Isidore, CNN (CNN) — Electric vehicle maker Polestar is being forced out of the American market due to its ties to China, following a decision by the US Commerce Department, the company announced Thursday. The company said the Commerce Department’s Bureau of Industry and Security denied the company an authorization to sell vehicles,

By Jordan Valinsky, CNN New York (CNN) — Apple has hiked prices on some of its most popular products, including the MacBook and iPad, because of the rising costs of memory and storage chips sparked by the AI boom. Beginning immediately, the price increases affect the Neo, its entry level MacBook that’s now priced at

By Elisabeth Buchwald, CNN (CNN) — High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday. The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, rose to 4.1% in May from 3.8% in April. On a monthly basis

By Anna Cooban, CNN London (CNN) — On Tuesday, investors were dumping AI stocks, worried that frothy valuations may be running away from reality. By Thursday, they were believers again. Micron Technology (MU), a US chipmaker, posted blockbuster quarterly results Wednesday afternoon, sending its stock up by more than 16% in pre-market trade Thursday. The

By Clare Duffy, CNN New York (CNN) — The family of a Missouri teenager is suing Snapchat parent company Snap, claiming the social media platform facilitated her rape as a 12-year-old. Snapchat features such as Quick Add and Snap Map enabled assailant Gabriel Joel Valentin-Rios to connect with and groom the girl, referred to as

By Lisa Eadicicco, CNN New York (CNN) — OpenAI on Wednesday announced its first custom AI chip in a step towards expanding beyond consumer products to become a player in AI infrastructure. The processor, called Jalapeño, was developed with Broadcom to more efficiently handle the computing needs for ChatGPT and OpenAI’s coding agent, Codex, the

By Chris Isidore, CNN (CNN) — President Donald Trump says “Big Oil” companies are keeping gas prices artificially high, echoing a complaint former President Joe Biden made during the last gas price spike. But, unlike Biden, Trump says he wants the Justice Department to investigate. In a Truth Social post early Wednesday, Trump argued that

By John Liu, CNN Hong Kong (CNN) — China has clinched the top spot on a list of the world’s most powerful supercomputers, overtaking the United States for the first time since 2017 with a model powered by homegrown chips amid an intense race for tech supremacy between the two superpowers. The LineShine machine, housed

By David Goldman, CNN (CNN) — The moment of truth is just about here. The Strait of Hormuz has reopened, for now, and Middle Eastern countries that shut off their oil wells during the war (the term is actually “shut in”) are about to turn those valves back the other way and find out what

By Samantha Delouya, CNN (CNN) — This week, Congress celebrated a rare bipartisan victory after overwhelmingly passing the largest housing affordability bill in a generation. On Wednesday, President Donald Trump was set to sign it into law. But there was a change of plans. Less than two hours before the planned signing, Trump posted on

By Brian Stelter, Hannah Rabinowitz, CNN (CNN) — The Washington Post and the Wall Street Journal waged a secret legal fight to stop the US government from subpoenaing several reporters in connection with national security leak probes. The Justice Department subsequently withdrew the subpoenas, at least for the time being, though the episode remains a

By Lisa Eadicicco, CNN (CNN) — Meta on Tuesday announced a new line of AI glasses designed in-house, signaling a deeper push into the wearable technology that’s become a new front in the artificial intelligence race. And the biggest change consumers will notice? A cheaper price tag. The new Meta Glasses will start at $299,

By David Goldman, John Towfighi, CNN (CNN) — Volatility has returned to the stock market, and AI is once again the culprit. The tech-heavy Nasdaq dropped 2.21% and the S&P 500 fell 1.44% Tuesday as investors sold semiconductor chip stocks and other AI-related shares. The Dow, which has less exposure to tech, was down about

By Brian Stelter, CNN (CNN) — AI chatbots are fast becoming a way people find news. But the systems are only as reliable as their sources, and are prone to misinformation and manipulation. Meanwhile, the rise of AI threatens the business model for news publishers, many of whom say AI model makers are using their

By Brian Stelter, CNN (CNN) — ABC is asking viewers to help defend its local stations and “The View” as Disney’s fight with the Trump administration moves into a new public phase. On Monday, Disney’s local ABC stations began to air messages alerting viewers to the government’s virtually unprecedented challenges to their station licenses. The

By Chris Isidore, CNN (CNN) — Former Federal Reserve Chairman Alan Greenspan, once hailed as a maestro for directing a booming economy but who later received some of the blame for the housing bust and financial meltdown that occurred after he left office, has died, according to his wife, Andrea Mitchell. He was 100. Greenspan

By Hanna Ziady, CNN Ten years ago, Britain chose to abandon its lucrative membership of the world’s largest single market. It has been paying a price ever since. On June 23, 2016, the Brexit referendum marked the start of the United Kingdom’s drawn-out divorce from the European Union. In a knife-edge vote, 51.9% of Britons

By Hadas Gold, CNN (CNN) — Within days of its release, Anthropic’s most sophisticated public AI model was abruptly yanked from customers. The Trump administration called the model a national security risk after being notified of a jailbreak, or a way to get around its internal guardrails. It put an export ban on the model,

By Allison Morrow, CNN New York (CNN) — Long before the founders of Kalshi and Polymarket were even born, a handful of economists were getting amped about a novel approach to dealing with one of humanity’s more egregious shortcomings: We’re bad at predicting the future. Maybe, the thinking went, the free market could help. (This

By Chris Isidore, CNN (CNN) — Even before Iran announced Saturday that the Strait of Hormuz was again closed, ship operators had pulled back on sailings through the critical channel. Twenty-five ships traveled through the critical channel on Thursday, according to data from marine intelligence firm Kpler. However, lead oil analyst Matt Smith told CNN

By Elisabeth Buchwald, CNN (CNN) — For generations, Americans have viewed hard work, education and career advancement as the primary paths to getting ahead. But with the ever-growing cost of living, more Americans may be finding that the traditional formula is no longer enough. To bridge the gap, they are looking to their parents and

By John Towfighi, CNN New York (CNN) — The agreement to re-open the Strait of Hormuz has been met with swift relief in markets. But some traders worry the rally in stocks and drop in oil prices might be overdone. WTI, the US oil benchmark, settled at $76.60 a barrel Thursday, down almost 10% on

By Matt Egan, CNN Washington (CNN) — The diplomatic breakthrough between Washington and Tehran is a potential gamechanger for Iran’s war-battered economy, former Trump energy secretary Dan Brouillette told CNN in an exclusive interview. The 14-point framework agreement, signed by President Donald Trump this week, delivers an immediate lifeline to Iran by allowing the OPEC

By David Goldman, CNN (CNN) — The good news: The Strait of Hormuz is open again, after Iran and the United States signed a memorandum of understanding this week. The bad news: It may be too late. Oil hasn’t been coming out of the Middle East for nearly four months. All told, the world lost

By Samantha Delouya, CNN (CNN) — Americans shopping for a home caught a break this week when mortgage rates edged lower. The average 30-year fixed mortgage rate fell to 6.47% this week, down from 6.52% last week, which was near the year’s high, according to data released Thursday by Freddie Mac. But the reprieve may

By Jordan Valinsky, CNN New York (CNN) — President Donald Trump said Thursday that Intel has struck a deal with Apple to start producing computer chips in the United States. “I decided to help Intel because we need to design and build our Chips right here in America,” Trump wrote in a social media post

By Chris Isidore, CNN (CNN) — American gas stations are now charging less than $4 for a gallon of regular gas, dropping below that benchmark for the first time since March 30. The US national average dropped to $3.999 per gallon on Thursday, according to AAA, down nearly 3 cents from the day before. Indiana

By Jeanne Sahadi, CNN (CNN) — The Federal Reserve may have a new chairman in Kevin Warsh, but it still has to balance its old dual mandate: Lower rates to boost the economy when the labor market is struggling, or raise rates to cool economic activity when inflation is considered too high. Well, the job

By Bryan Mena, CNN Washington (CNN) — Federal Reserve Chairman Kevin Warsh has promised “regime change.” On Wednesday, after leading his first policy meeting, he made it clear he is serious. Under the new Fed chairman, officials voted Wednesday to hold interest rates steady for the fourth consecutive meeting, leaving their benchmark lending rate at

By Matt Egan, CNN (CNN) — A pair of Senate Democrats are calling for the Trump administration to abandon efforts to build a West Coast emergency oil reserve. In a letter dated Wednesday to Energy Secretary Chris Wright, Sens. Alex Padilla and Patty Murray warn that establishing a West Coast Strategic Petroleum Reserve this fiscal

By Brian Stelter, CNN (CNN) — The New York Knicks’ first championship-clinching win since the 1970s set a ratings record dating back to the 1990s. Saturday night’s Game 5 telecast averaged 24.5 million viewers, making it the most-watched NBA Finals Game 5 since 1998, according to Nielsen ratings figures that were released Tuesday afternoon. Of

By Brian Stelter, CNN (CNN) — Vice President JD Vance is trying to be everywhere this week, appearing on Fox News, CNN, NBC and other networks as he promotes a new memoir in preparation for the 2028 presidential campaign. But of all his appearances thus far, his visit to ABC’s “The View” was unique. It

By David Goldman, CNN (CNN) — SpaceX is now bigger than Microsoft. Its shares are more popular than every other stock on the market, combined. And it just bought an AI company for $60 billion. Today is just SpaceX’s second full day of public trading. The latest splash in its history-making debut is SpaceX’s long-sought

By Matt Egan, CNN New York (CNN) — Kevin Warsh’s dream of becoming Federal Reserve chairman was nearly tarnished by the specter of having to confront simultaneous and conflicting challenges brewing in the US economy. In January, when President Donald Trump nominated Warsh for the top job, the labor market had just wrapped up one

By Chris Isidore, CNN (CNN) — President Donald Trump says the vital Strait of Hormuz has been reopened under terms of an agreement reached Sunday with Iran. Shipping industry sources aren’t so sure. “Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz,” Trump posted Monday on social media.

By Matt Egan, CNN (CNN) — The amount of oil in the US Strategic Petroleum Reserve plunged last week to the lowest level since 1983 as the Trump administration continues to deploy emergency oil to minimize the damage from the war with Iran. According to federal data released Monday, US officials released another 8.9 million

By Jordan Valinsky, CNN New York (CNN) — Fox is acquiring Roku, the popular streaming TV platform, in a massive $22 billion deal, the companies announced Monday. The transaction makes Fox a much more competitive streaming player, combining Fox’s sports, news and entertainment shows, as well its free Tubi streaming service, with Roku’s devices and

By John Towfighi, CNN (CNN) — SpaceX, Elon Musk’s massive space-exploration-slash-AI company, went public last week in a record-breaking IPO. But even if you’re not buying yet, you could still see the company’s stock in your 401(k) soon via a number of avenues. And if you’re on the other side and want to avoid shares

By Auzinea Bacon, David Goldman, Hanna Ziady, CNN (CNN) — Oil prices sank Monday, hitting their lowest levels in more than three months, after the United States and Iran said they had reached an agreement that would end a US blockade of Iranian ports and reopen the vital Strait of Hormuz. Brent crude, the global

By Bryan Mena, CNN Washington (CNN) — While millions of Americans are struggling to find jobs in a tough labor market, healthcare is emerging as a lifeline for career changers. After six years as a stay-at-home mother, Cynthia Webster, 50, planned last year to reenter the workforce, bracing for a potentially frustrating job search. So

By Jeanne Sahadi, CNN (CNN) — Most financial experts will tell you to wait to claim your Social Security retirement benefits at least until your full retirement age (which is now 67) or even as late as age 70. Why? Your benefit will be permanently lower if you claim at 62, which is the earliest

By Chris Isidore, CNN (CNN) — Elon Musk has many people to thank for becoming the world’s first trillionaire — his companies’ engineers who produced technological breakthroughs, Wall Street investors who were eager to shower him with their dollars despite questionable financials, but most of all, American taxpayers and government policymakers. “There would not be