CNN – Business/Consumer

By Clare Duffy, CNN New York (CNN) — Seven families of victims in a February school shooting sued OpenAI and CEO Sam Altman on Wednesday, alleging the company and its ChatGPT chatbot were complicit in the injuries or deaths of their children. The lawsuits follow an apology from Altman last week to the Tumbler Ridge

By Hadas Gold, CNN (CNN) — OpenAI is expanding access to its most advanced AI models to help businesses and governments shore up their cyber defenses, a sharp contrast to rival Anthropic, which says controlling access to its models is the best way to boost global cybersecurity. The difference in the two companies’ approaches to

KGO, VICKI BEHRINGER, CNN By Hadas Gold, Samantha Delouya, Ramishah Maruf, CNN Oakland, California (CNN) — Sam Altman and Greg Brockman, the leaders of ChatGPT-maker OpenAI, sat in an Oakland, California courtroom on Tuesday as former collaborator and one-time mentor Elon Musk testified that the pair conspired to try to “steal a charity.” Musk was

By Hadas Gold, Samantha Delouya, Ramishah Maruf, CNN Oakland, California (CNN) — Sam Altman and Greg Brockman, the leaders of ChatGPT-maker OpenAI, sat in an Oakland, California courtroom on Tuesday as former collaborator and one-time mentor Elon Musk testified that the pair conspired to try to “steal a charity.” Musk was the first witness called

By Matt Egan, CNN Washington (CNN) — Federal Reserve Chair Jerome Powell is no stranger to tough decisions, but now he faces one of his toughest and most personal calls yet: Leave the stage or stick around in a supporting role once his replacement takes the helm of the US central bank. Powell’s term as

By Brian Stelter, CNN (CNN) — On the day that the Trump administration challenged ABC’s station licenses, Jimmy Kimmel had a message for President Donald Trump: The show goes on. On Tuesday night’s episode of “Jimmy Kimmel Live!” the comedian did not refer to the news about the network’s parent company, Disney, coming under highly

By Chris Isidore, CNN (CNN) — Spirit Airlines isn’t the only discount carrier seeking federal help to endure the current spike in jet fuel prices. An association of discount carriers is also seeking $2.5 billion in assistance. The Association of Value Airlines, the trade group for smaller airlines like Spirit as well as Frontier, Allegiant

By Brian Stelter, CNN (CNN) — As the Trump administration pressures ABC to fire Jimmy Kimmel, the Trump-aligned FCC is challenging the network’s station licenses, setting up a legal battle with ABC’s parent company Disney. “Disney’s ABC is hereby directed to file license renewals for all of their licensed TV stations within 30 days —

By Hanna Ziady, Mostafa Salem, Sarah Tamimi CNN London/Abu Dhabi (CNN) — The United Arab Emirates will leave OPEC, a decades-old cartel of the world’s top oil exporters, delivering a shock that will ripple through global oil markets at a time of unprecedented turmoil caused by the Iran war. The UAE plans to withdraw from

By Jordan Valinsky, CNN New York (CNN) — The latest craze in fast food is actually a beverage, albeit one that’s hard to define. From Starbucks to Sonic, Dunkin’ and soon McDonald’s, several chains are adding or expanding their beverage lineup with “Refreshers” — drinks flavored with fruit that have bright colors and appeal to

By Samantha Delouya, Hadas Gold, CNN (CNN) — Elon Musk on Tuesday testified that his lawsuit against OpenAI and its leaders goes well beyond one company and into the future of a technology that “could also kill us all.” Musk has accused OpenAI, its CEO Sam Altman and president Greg Brockman deceived him and betrayed

By Hanna Ziady, CNN London (CNN) — Taylor Swift has filed new trademark applications for two voice clips and one image that a trademark attorney says are “specifically designed” to protect the pop superstar from threats posed by artificial intelligence. The filings highlight the challenges that AI poses to the entertainment industry, as AI tools

By Tami Luhby, CNN (CNN) — Jan Gautam may soon have to let go of hundreds of workers at dozens of hotels in Florida. That’s why the CEO of IHRMC Hotels & Resorts is closely watching an immigration case that’s before the Supreme Court this week. The employees are Haitians with Temporary Protected Status, known

CNN By Brian Stelter, CNN (CNN) — On the day that the Trump administration challenged ABC’s station licenses, Jimmy Kimmel had a message for President Donald Trump: The show goes on. On Tuesday night’s episode of “Jimmy Kimmel Live!” the comedian did not refer to the news about the network’s parent company, Disney, coming under

By Brian Stelter, CNN (CNN) — Late-night host Jimmy Kimmel found himself defending Americans’ right to free speech on Monday, after a joke he made several days ago prompted calls from the White House for ABC to fire him – again. “You know sometimes you wake up in the morning and the first lady puts

By Jeanne Sahadi, CNN (CNN) — The April 15 tax deadline has come and gone. And more households got money back this year compared to last year’s filing season. However, the average refund was lower than the Trump administration had estimated. All in, the IRS had received 140.222 million income tax returns by the week

By Hanna Ziady, CNN London (CNN) — Shares in Adidas climbed Monday, after Kenya’s Sabastian Sawe set a new world record in the London Marathon on Sunday while wearing the German sportswear maker’s newest running shoe. Adidas gained nearly 2% in the early afternoon in Frankfurt, before paring gains to trade 1.4% higher at €138

By John Liu, CNN Hong Kong (CNN) — China has moved to block Meta’s $2 billion acquisition of Chinese-founded artificial intelligence startup Manus, a decision that reflects Beijing’s concerns that it could lose key technology to the United States amid an intensifying tech war. The country’s state planner made a brief statement Monday demanding the

By Hadas Gold, CNN (CNN) — A group of regular people who might not even know much about artificial intelligence could soon determine OpenAI’s future. Elon Musk’s lawsuit against ChatGPT maker OpenAI and its leaders, including CEO Sam Altman, heads to court Monday. Some of the biggest names in tech are expected to testify about

By Stephanie Yang, CNN (CNN) — The war in Iran has sent oil-starved countries scrambling for fuel. Many are opting for energy alternatives — and turning to the renewables king of the planet: China. Chinese exports of solar technology, batteries and electric vehicles all reached record highs in March, according to energy think tank Ember,

By Auzinea Bacon, CNN (CNN) — Oil prices rose Sunday after an Iranian official warned that the Strait of Hormuz will “under no circumstances” return to its previous state. Brent crude, the international benchmark, was up about 2.14% to $107.58. US crude was up 2.08% to $96.36. Iran’s president Masoud Pezeshkian told Pakistani Prime Minister

By Auzinea Bacon, CNN (CNN) — Sen. Thom Tillis, a Republican from North Carolina who sits on the banking committee that approves Federal Reserve nominees, said Sunday he will support Kevin Warsh’s appointment as the next Fed chair. “I am prepared to move on with the confirmation of Mr. Warsh. I think he’s going to

By Samantha Delouya, CNN (CNN) — Home shoppers scrolling through real estate search engines like Zillow or Redfin this spring may notice some unusual listings: homes labeled “Coming Soon” or “Preview.” They look like regular listings, with property photos and neighborhood details – but one key feature is missing: sales history, the information buyers use

By Chris Isidore, CNN (CNN) — The soaring cost of jet fuel due to the war in Iran will lead to significantly higher airfares. But don’t expect ticket prices to drop once fuel prices start to decline. Higher fares are being driven by strong demand for travel as much as the cost of fuel. Despite

By Ramishah Maruf, CNN New York (CNN) — Gennadiy Tsygan knows how expensive it is to build a home in the United States. That’s why he imported almost everything for his dream house from China. Most of his home fixtures were imported directly from over two dozen factories, and Tsygan — an engineer in Baltimore

By Jeanne Sahadi, CNN (CNN) — Just looking at the raw numbers, less than 1% of filers have been audited by the IRS in recent tax years. Based on the latest data available, for example, in tax year 2021 the IRS pursued a mere 0.3% of filers overall. The audit rate has been higher for

By Lisa Eadicicco, CNN (CNN) — Microsoft is offering about 7% of its US workforce the option to retire early, the latest attempt by a major tech firm to downsize while ramping up artificial intelligence investments. The one-time retirement program, a company first, will be available to employees whose age and years of service total

By Lucy Bayly, David Goldman, CNN (CNN) — The Trump administration’s extraordinary criminal investigation of Federal Reserve Chair Jerome Powell is over, removing significant uncertainty that had been clouding the future of the world’s most important central bank. Jeanine Pirro, the US Attorney for the District of Columbia, announced on X Friday that she is

By Alicia Wallace, CNN (CNN) — Americans still feel lousy about the economy and worry that the US-Israeli war with Iran will continue to push up prices. The University of Michigan’s final consumer sentiment reading for April measured 49.8, a slight improvement from the preliminary report earlier this month but still at the lowest level

By Brian Stelter, CNN (CNN) — In the same way that President Donald Trump’s second term is unlike any other, this weekend’s White House Correspondents’ Dinner will be unlike any other. Trump will be attending the gala for the first time as president and speaking before thousands of journalists and politicos — leaving attendees to

By John Liu, CNN Hong Kong (CNN) — China’s DeepSeek unveiled a preview version of its much-anticipated new model on Friday, promising to rival models from OpenAI, Anthropic and Google a year after the then little-known start up took the global AI industry by storm. The Hangzhou-based company highlighted major upgrades in the new model

By Lisa Eadicicco, Clare Duffy, CNN (CNN) — Meta said on Thursday it plans to lay off roughly 10% of its workforce, or about 8,000 people, the latest in a string of tech industry layoffs fueled in part by artificial intelligence. The company is also closing around 6,000 open roles, Janelle Gale, Meta’s chief people

By Chris Isidore, Donald Judd, CNN (CNN) — President Donald Trump said Thursday that he would consider purchasing the embattled Spirit Airlines “if we can get it at the right price.” “Spirit is an airline that has had some trouble,” Trump said. “They have some good aircrafts, some good assets, and when the price of

By Lisa Eadicicco, CNN (CNN) — Foreign entities primarily based in China have conducted “industrial-scale” campaigns to crib frontier AI models from US companies, Michael Kratsios, White House director of the office of science and technology policy, said in a memo on Thursday. The effort entails using tens of thousands of surrogate accounts to go

CNN By Brian Stelter, CNN (CNN) — Warner Bros. Discovery shareholders have cleared the way for CNN, HBO and Warner’s other media brands to join Paramount Skydance later this year. Shareholders “overwhelmingly” voted in support of the takeover deal, WBD said after a pro forma special meeting took place on Thursday morning. The vote was

By Brian Stelter, CNN (CNN) — The New York Times said the Federal Bureau of Investigation “began investigating” its reporter Elizabeth Williamson after she wrote a story involving FBI director Kash Patel titled “Patel’s girlfriend seeks fame and fortune, escorted by an FBI SWAT team.” Times executive editor Joe Kahn called the probe an “alarming”

By Brian Stelter, CNN (CNN) — Warner Bros. Discovery shareholders have cleared the way for CNN, HBO and Warner’s other media brands to join Paramount Skydance later this year. Shareholders “overwhelmingly” voted in support of the takeover deal, WBD said after a pro forma special meeting took place on Thursday morning. The vote was anticlimactic,

By John Towfighi, CNN New York (CNN) — Brent crude has climbed back above $100 per barrel and the Strait of Hormuz, a critical artery for the global economy, remains closed. But the stock market is brushing off the turmoil. The S&P 500 and Nasdaq Composite hit record highs on Wednesday, resuming a rally despite

By Andrew Kirell, CNN (CNN) — A federal judge on Wednesday tossed out prominent Trump ally Laura Loomer’s defamation lawsuit against Bill Maher and HBO, ruling that the “Real Time” host’s joke about her constituted protected speech and not defamation. Maher suggested during his September 13, 2024, broadcast that Loomer, a far-right activist with a

By Chris Isidore, CNN (CNN) — Spirit Airlines is close to getting a bailout from the federal government, an attorney for Spirit said during a bankruptcy hearing Thursday. The deal is expected to include the federal government taking a stake in the troubled airline, which had struggled to make money ever since the Covid pandemic.

By Brian Stelter, CNN (CNN) — Paramount’s blockbuster acquisition of Warner Bros. Discovery, CNN’s parent company, is poised to clear a pivotal hurdle later this week. Warner will hold a special meeting for shareholders to vote on the $110 billion bid on Thursday morning. With the company’s board and multiple proxy advisory firms urging shareholders

By Hanna Ziady, CNN London (CNN) — The European Union has unveiled a raft of planned emergency measures to cushion its economy from soaring energy costs. The proposals, announced Wednesday, underscore the economic damage the Iran war is inflicting on Europe, which only recently emerged from the energy crunch precipitated by Russia’s 2022 invasion of

By David Goldman, CNN (CNN) — From his start at Apple, Tim Cook was a numbers guy. Shortly after Steve Jobs returned to Apple (AAPL) in the late 1990s to rescue the company he had founded, he hired Cook from Compaq to run Apple’s supply chain and operations. Jobs was in charge of the flashy

By John Liu, CNN Hong Kong (CNN) — A customer’s complaint about a disappointing cake kicked off a massive investigation that uncovered thousands of “ghost” food vendors in China, resulting in staggering fines for some of the country’s largest firms and highlighting the pitfalls of the cutthroat price competition. The inquiry –– marked by scuffles

By Hadas Gold, CNN (CNN) — Florida Attorney General James Uthmeier opened an investigation into OpenAI over whether the company “bears criminal responsibility” for a shooting at Florida State University last year. The attorney general’s office said it is investigating whether OpenAI’s ChatGPT helped the suspect, Phoenix Ikner, carry out the crime. “If that bot were

By Kit Maher, David Goldman, CNN (CNN) — Safe sex could get more expensive if the Iran war continues to disrupt global supply chains, according to a new interview with the CEO of the world’s largest condom manufacturer. Karex CEO Goh Miah Kiat told Reuters on Tuesday that the company may be forced to raise

By David Goldman, CNN (CNN) — Confirmation hearings for Federal Reserve chairs are usually staid, rubber-stamp affairs. Not this one. Democrats and one key Republican from the Senate Banking Committee repeatedly attacked President Donald Trump; his pick for Fed chair, Kevin Warsh; and at times, both, in a fiery hearing that included questions about an

By Alicia Wallace, CNN (CNN) — Americans saw large chunks of their wallets get eaten up by soaring gas prices in March; however, consumers still had money left in the tank to spend elsewhere. A war-driven spike in gas prices sent US retail sales 1.7% higher March, the fastest monthly pace in more than three

By Ramishah Maruf, CNN New York (CNN) — Apple veteran John Ternus will take over the $4 trillion company as CEO come September 1. “Having spent almost my entire career at Apple, I have been lucky to have worked under Steve Jobs and to have had Tim Cook as my mentor,” he said in a

CNN By Ramishah Maruf, CNN New York (CNN) — Apple veteran John Ternus will take over the $4 trillion company as CEO come September 1. “Having spent almost my entire career at Apple, I have been lucky to have worked under Steve Jobs and to have had Tim Cook as my mentor,” he said in

By Lisa Eadicicco, CNN (CNN) — Tim Cook, the executive who led Apple to become a $4 trillion company and defined its identity in the post-Steve Jobs era, is stepping down as CEO, Apple said on Monday. John Ternus, Apple’s senior vice president of hardware engineering, will take over as CEO effective September 1. Cook

By Clare Duffy, CNN New York (CNN) — A group of parents and advocates gathered on Capitol Hill on Tuesday in a renewed push for online safety legislation, hoping to build on the momentum of court wins against social media companies last month. With the Capitol building as a backdrop, they were surrounded by 150

By Brian Stelter, CNN (CNN) — FBI director Kash Patel has sued The Atlantic and reporter Sarah Fitzpatrick over a story that alleged Patel has “alarmed colleagues with episodes of excessive drinking and unexplained absences.” The defamation suit, filed Monday morning in US District Court in the District of Columbia, seeks $250 million in damages.

By Elisabeth Buchwald, CNN (CNN) — Tariff refunds are finally happening. Well, sort of. Exactly two months after the Supreme Court struck down President Donald Trump’s most sweeping tariffs, American importers, who are owed $166 billion in refunds plus interest, can begin applying for reimbursement Monday through a new US Customs and Border Protection portal.

By Bryan Mena, CNN (CNN) — Kevin Warsh has spent years criticizing the Federal Reserve for doing too much. More recently, he has suggested it may need to do the opposite. That tension will be front and center Tuesday at his confirmation hearing before the Senate Banking Committee, delivering the first real test of how

By Auzinea Bacon, CNN (CNN) — Oil prices climbed Sunday after Iran once again blocked the passage of most ships through the Strait of Hormuz, a key waterway for one-fifth of the world’s crude. Brent crude, the international benchmark, was up about 7% to $96.88, after settling on Friday at its lowest level since March

By Tami Luhby, CNN (CNN) — Although tensions are easing in the Middle East — at least for now — US gas prices will remain far above pre-war levels for weeks, if not months. But you can ease the pain at the pump now if you know how to shop smart for gas. The average

By Bryan Mena, Way Mullery, CNN Washington (CNN) — The process to install Kevin Warsh, President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell, isn’t going smoothly, and it could get even more complicated. After a monthslong search process, Trump finally announced his nomination on January 30. Nearly three months later, there still

By Clare Duffy, CNN New York (CNN) — FanDuel has built a large and growing business with its sports betting app, becoming the largest online sportsbook in the United States. But online sports gambling remains illegal in many states, which is why it’s getting into the booming — and controversial — prediction market business. Billions

By Julian Torres, CNN New York (CNN) — Mary Akkerman has visited more than 30 college campuses with her children, one now at Stanford and another still in high school. She especially wanted them to get degrees that lead to good jobs – but figuring that out, said the Sioux Falls, South Dakota, parent, was

By Brian Stelter, CNN (CNN) — Nexstar’s politically charged acquisition of a rival TV station owner, Tegna, has been halted by a federal judge in California. Friday’s court action throws Nexstar’s takeover plans into doubt and signifies a major victory for the Democratic state attorneys general who sued to block the deal last month. A

By John Towfighi, CNN New York (CNN) — For most of the past week, markets have traded as though the war with Iran were already over. The S&P 500 just hit its third-straight record high and the Nasdaq Composite is on its longest winning streak since 1992. The stock market’s exuberance is rooted in optimism

By Jordan Valinsky, CNN New York (CNN) — QVC, the home shopping TV network that has been a staple for almost four decades, has filed for bankruptcy. The channel’s parent company, QVC Group, announced Thursday that it has voluntarily entered Chapter 11 proceedings in an effort to slash its debt from $6.6 billion to $1.3

By Hadas Gold, Alayna Treene, CNN (CNN) — Anthropic CEO Dario Amodei visited the White House on Friday for a high-stakes meeting with the president’s top adviser, while his AI company battles the Trump administration in court for blacklisting its Claude AI model. Amodei met with White House Chief of Staff Susie Wiles, two sources

By Vanessa Yurkevich, CNN New York (CNN) — Mike Armata has been staring at lackluster tomatoes for a month now. They’re fine to eat, they just don’t look as great as they normally do. His bigger problem is that they’re very expensive. But in this market, he has to take what he can get. “There’s

By Clare Duffy, CNN New York (CNN) — Mainstream artificial intelligence safety groups moved quickly to distance themselves after a 20-year-old allegedly attacked the home of OpenAI CEO Sam Altman last week in what law enforcement officers said appeared to be part of a plot to harm AI executives. But people in some corners of

By Marshall Cohen, CNN Washington (CNN) — The top federal regulator for the rapidly growing prediction market industry vowed Thursday to crack down on insider trading, and said his agency is actively investigating hundreds of possible cases. Commodity Futures Trading Commission chairman Michael Selig, who was appointed by President Donald Trump, tried to allay rising

By Liam Reilly, CNN (CNN) — Netflix co-founder and executive chairman Reed Hastings will not seek re-election to the company’s board of directors once his term expires in June, the company announced on Thursday. Hastings’ decision, announced in Netflix’s first-quarter earnings results, comes less than three years after he stepped down as co-CEO and became

By Samantha Delouya, CNN (CNN) — The war in the Middle East — and the economic uncertainty it has fueled — is clouding what is usually the hottest season for home sales, leaving some sellers facing a dwindling pool of buyers. The conflict with Iran has driven up borrowing costs and rattled markets, adding to

By Jordan Valinsky, CNN New York (CNN) — It’s not just hardcore athletes who want to stay hydrated, and that’s become a problem for Gatorade. PepsiCo, which owns Gatorade, announced Thursday a sweeping makeover of the brand in response to increased competition. Changes include new drinks, powders and packaging that reinforce the brand’s science-backed roots

By Clare Duffy, CNN New York (CNN) — Europe doesn’t want to hear any more excuses from tech platforms for why they can’t verify users’ ages. European Commission President Ursula von der Leyen on Tuesday announced a new European age verification app that will give users a sort of digital ID card to prove their

By Allison Morrow, CNN New York (CNN) — Shares of Allbirds — the 2010s pioneer of trendy sneakers and eco-conscious Millennial retail marketing — took flight in an almost comical fashion Wednesday morning after the company announced an extremely 2026 pivot: abandoning its environmental agenda and getting into the AI business. The stock, which had

By John Towfighi, CNN New York (CNN) — A rally in stocks lifted the S&P 500 and Nasdaq Composite to fresh record highs on Wednesday, capping off a strong two-week recovery that has seen the indexes erase all losses tied to the US-Israeli war with Iran. The S&P on Wednesday rose 0.8% to close at

By David Goldman, Bryan Mena, Morgan Leason, CNN (CNN) — President Donald Trump said he will fire Federal Reserve Chair Jerome Powell if he does not step aside when his term at the helm of the central bank expires next month. “Then I’ll have to fire him,” Trump told Fox Business’ Maria Bartiromo Wednesday in

By John Liu, CNN (CNN) — Four months ago, a dozen academics and researchers from China’s top oil and gas producers issued a warning buried in an academic journal: the nation’s quest for self-sufficiency had a critical weak spot. The threat they identified was helium, a colorless, odorless gas with a wide range of uses,

By Hanna Ziady, Stephanie Yang, CNN London/Hong Kong (CNN) — The International Monetary Fund says the world will suffer an oil shortfall this year – even if the war with Iran were resolved this week – becoming the latest major economic body to warn of severe likely and potential impacts of the conflict. The fund

By Brian Stelter, CNN (CNN) — Ahmed Shihab-Eldin, a Kuwaiti-American journalist known for his work at VICE, HuffPost and Al Jazeera, has been detained in Kuwait, according to press freedom advocates, after sharing videos related to the Iran war. The arrest comes as Kuwait and other Gulf states have cracked down on individuals for posting

By Hadas Gold, CNN (CNN) — The suspect in the attack on the home of OpenAI CEO Sam Altman and the company’s headquarters was held without bail on Tuesday in California Superior Court, the Associated Press reported. His arraignment on charges of attempted murder and attempted arson was moved to May 5, according to the

By Brian Stelter, Liam Reilly, CNN (CNN) — Dianna Russini resigned from The Athletic on Tuesday, a week after the star NFL reporter was sidelined amid an internal investigation into her relationship with New England Patriots head coach Mike Vrabel. A spokesperson for The New York Times Company, which owns The Athletic, confirmed her resignation

By Liam Reilly, CNN (CNN) — The Pittsburgh Post-Gazette said Tuesday that it has been acquired by the Baltimore Banner’s publisher, rescuing the paper just weeks before it was set to shut down. The Venetoulis Institute for Local Journalism has reached a deal with Block Communications to acquire the 240-year-old newspaper, Bob Cohn, CEO of

By Bryan Mena, CNN Washington (CNN) — Former Federal Reserve Governor Kevin Warsh, who is President Donald Trump’s pick for the next Fed chair, is set to testify next week before the Senate Banking Committee. Sen. Tim Scott, a top Republican on the committee that approves nomineees to the central bank, teased in a Tuesday

By Alicia Wallace, CNN (CNN) — Fast-rising oil prices sent US businesses’ costs higher in March, lifting wholesale inflation to 4%, the highest annual rate in three years, according to Bureau of Labor Statistics data released Tuesday. The Producer Price Index, which measures the average change in prices received by producers of goods and services,

CNN, KGO, DEPARTMENT OF JUSTICE, GETTY IMAGES, KTRK By Hadas Gold, CNN (CNN) — The man who allegedly threw an incendiary device at the home of OpenAI CEO Sam Altman is facing attempted murder and attempted arson charges, authorities said Monday. Daniel Moreno-Gama, a 20-year-old from Texas, is accused of throwing an incendiary device at

By Hadas Gold, CNN (CNN) — The man who allegedly threw an incendiary device at the home of OpenAI CEO Sam Altman is facing attempted murder and attempted arson charges, authorities said Monday. Daniel Moreno-Gama, a 20-year-old from Texas, is accused of throwing an incendiary device at Altman’s home on Friday night, before going on

By Brian Stelter, Andrew Kirell, CNN (CNN) — A federal judge on Monday dismissed President Donald Trump’s defamation lawsuit against The Wall Street Journal over its reporting on a lewd birthday letter to Jeffrey Epstein bearing Trump’s name. US District Judge Darrin P. Gayles ruled that Trump failed to plausibly allege the Rupert Murdoch-owned newspaper

By Samantha Delouya, CNN (CNN) — Banning mega investors from buying single-family homes has accomplished a rare feat in Washington: bipartisan consensus. Many housing advocates blamed Wall Street firms buying up homes for a post-pandemic surge in housing costs. Now, with an executive order from President Donald Trump and a Senate bill advancing the idea,

By Hanna Ziady, CNN London (CNN) — Oil prices climbed Monday, after the US military said it would implement a shipping blockade against Iranian ports in the Strait of Hormuz — a move that could test the current ceasefire while further tightening global oil supply. Brent crude, the global oil benchmark, rose 7% to $102

By Auzinea Bacon, CNN (CNN) — Oil prices topped $100 a barrel again on Sunday after President Donald Trump said the US would blockade “any and all Ships trying to enter, or leave, the Strait of Hormuz,” threatening to further disrupt oil flows. Brent crude, the international benchmark, was up 8%, at about $102. US

By Chris Isidore, CNN (CNN) — Reopening the Strait of Hormuz is proving to be difficult. But even if the vital waterway fully opens and oil and other necessary cargo sail out, it won’t be enough to return things to normal. That’s because empty ships will need to sail back into the strait to keep

By Alicia Wallace, CNN (CNN) — Sharply rising gas prices drove inflation to 3.3% in March, the highest rate in nearly two years. Inflation is expected to accelerate in the coming months as aftershocks from the US-Israeli war with Iran spread beyond gas prices. Ripple effects from the Iran war, which began in late February,

By Auzinea Bacon, CNN (CNN) — IBM reached a settlement with the federal government on Friday, agreeing to pay roughly $17 million to resolve allegations of illegal diversity, equity and inclusion (DEI) practices. Acting Attorney General Todd Blanche announced the settlement agreement in a press release. The DOJ had alleged that the New York-based technology

By Hadas Gold, CNN (CNN) — A 20-year-old man has been arrested after a Molotov cocktail was thrown at the San Francisco home of OpenAI CEO Sam Altman early Friday morning. The incident happened around 4:00 am when a suspect “threw an incendiary destructive device” at Altman’s home, “causing a fire to one exterior gate”

By Amarachi Orie, CNN (CNN) — German discount grocery chain Lidl has begun building its first ever pub, which is expected to open this summer. The pub and its associated liquor store, located in Northern Ireland, will offer Lidl’s range of wines, beers, ciders, spirits and liqueurs, according to the retailer. The premises will be

By Bryan Mena, CNN Washington (CNN) — Consumer sentiment plummeted to its lowest level on record due to frustration with price spikes from the US-Israeli war with Iran. The University of Michigan’s latest consumer survey released Friday showed that sentiment declined 11% early this month to a reading of 47.6, lower than anything seen in

By Lisa Eadicicco, CNN (CNN) — Matt Shumer’s home computer setup is a little weirder than most. He and his roommate each have a mini Apple computer in the kitchen, both devices silently toiling away in the background. All Shumer has to do is give the virtual assistant running on his Mac Mini a broad

By Alicia Wallace, CNN (CNN) — A war-driven jump in gas prices helped push US inflation to 3.3% in March, marking the fastest annual pace in nearly two years, new Bureau of Labor Statistics data showed Friday. On a monthly basis, prices rose 0.9%, triple the 0.3% pace seen in February, when inflation was 2.4%,

By Vanessa Yurkevich, Chris Isidore, Matt Egan, CNN New York (CNN) — A fragile ceasefire that’s mostly quieted the skies over the Middle East isn’t giving shippers the nerve to brave the narrow waterway that holds the key to 20% of the world’s oil supply. The Strait of Hormuz may be officially re-opening for business,