Money

By Samantha Delouya, CNN (CNN) — The average 30-year fixed mortgage rate was 6.06% for the week ending January 15, according to Freddie Mac. The last time home borrowing rates were this low was September 2022. Experts hope the drop could help ease the stalemate in the housing market. “The impacts are noticeable, as weekly

By Brian Stelter, CNN (CNN) — Early on in her tenure as President Trump’s attorney general, Pam Bondi scrapped a Biden-era policy that banned the Justice Department from pursuing reporters’ phone records and notes while investigating leakers. The message was unmistakable: Trump-era investigators would welcome a confrontation. And now they have one. This week, the

By David Goldman, CNN (CNN) — The United States is considering whether to strike Iran as turmoil intensifies for the country’s authoritarian regime. The Iranian government is at its weakest point in years, destabilizing yet another OPEC nation less than two weeks after the United States toppled the government of Venezuela. Protests have erupted in

By Samantha Delouya, CNN (CNN) — The United States has completed its first sale of Venezuelan oil, valued at $500 million, according to an administration official. Additional sales of oil are expected in the coming days and weeks, the official added. In the days since the United States attacked Venezuela and captured its president, Nicolás

By Elisabeth Buchwald, Lisa Eadicicco, CNN (CNN) — President Donald Trump enacted a new 25% tariff on “certain advanced computing chips” on Wednesday, according to a White House fact sheet. That includes Nvidia’s H200 chip and AMD’s MI325X. However, chips imported to support building up the US technological supply chain would be exempt. It’s unclear,

By Hadas Gold, CNN (CNN) — Elon Musk’s Grok artificial intelligence chatbot will no longer edit “images of real people in revealing clothing” on the X platform, the company confirmed Wednesday evening, following global outrage after Grok was found to be complying with user requests to digitally undress images of adults and in some cases

By Clare Duffy, CNN New York (CNN) — YouTube will now let parents limit the amount of time their teens can spend scrolling through its short-form video feature, Shorts, or block them all together. The option is part of a group of new parental controls the popular video platform announced on Wednesday. YouTube, like many

CNN By Katelyn Polantz, Devan Cole, CNN (CNN) — The longtime government contractor whose activity prompted the controversial search of a Washington Post reporter’s home acknowledged he mishandled classified information, prosecutors said, according to a court hearing transcript obtained by CNN. Aurelio Perez-Lugones told federal investigators he was angry about “recent government activity,” Assistant US

By Brian Stelter, Katelyn Polantz, CNN (CNN) — Washington Post reporter Hannah Natanson has spent the past year as a “federal government whisperer,” receiving tips from hundreds of federal workers impacted by President Donald Trump’s transformation of the government. Early Wednesday morning, FBI agents arrived at Natanson’s home and executed a search warrant. One phone,

By Alicia Wallace, CNN (CNN) — Price hikes picked up speed for US-based businesses toward the end of last year, a potential signal that inflation has yet to peak and prices could soon rise faster for consumers. US wholesale inflation picked up speed in November, pushed higher in part by fast-rising energy prices, according to

By Bryan Mena, CNN Washington (CNN) — Sales at US retailers rose at a solid pace in November, despite jitters about the economy and a slowing labor market. Retail sales rose 0.6% in November, the Commerce Department said Wednesday, up sharply from October’s downwardly revised 0.1% decline. That was higher than the 0.4% increase economists

By Luciana Lopez, Nathaniel Meyersohn, CNN (CNN) — Saks Global, the parent company of luxury retailer Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection late Tuesday. The company had struggled with a heavy debt load following its purchase of rival Neiman Marcus in 2024. Saks was in a precarious financial situation before its Neiman

By Clare Duffy, CNN New York (CNN) — Microsoft says it will ask to pay higher electricity bills in areas where it’s building data centers, in an effort to prevent electricity prices for local residents from rising in those areas. The move is part of a broader plan to address rising prices and other concerns

By Alicia Wallace, CNN (CNN) — US consumer prices rose 2.7% annually in December, closing out a year that saw slight progress on inflation but continued affordability concerns for many Americans. The latest Consumer Price Index, which measures the average change in prices for some commonly purchased goods and services, showed that the annual pace

By Lianne Kolirin, CNN London (CNN) — The BBC is taking steps to have Donald Trump’s defamation lawsuit against it dismissed, a court document showed. Last month, the US president sued the British broadcaster for defamation over a BBC documentary featuring edited clips of a speech he made on January 6, 2021. The edit spliced

By Lisa Eadicicco, CNN Las Vegas (CNN) — Amazon doesn’t just want Alexa to know you. It wants her to remember things about you, like a close friend or family member would. That’s the driving philosophy behind the vision for Alexa’s future, which Amazon executives detailed in conversations with CNN at the annual Consumer Electronics

By Chris Isidore, CNN (CNN) — Tesla’s robotaxi service has been mostly hypothetical so far, but it’s certainly taking the company’s shareholders for a real ride. Tesla debuted its ride-hailing service using cars with its so-called full self-driving (FSD) tech in Austin, Texas, in June. At the rollout, CEO Elon Musk announced the ambitious goal

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump said on Monday that countries that do business with Iran will face a new 25% tariff. The announcement appears to mean goods from China, a major trading partner of both Iran and the United States, would become significantly more expensive to import. “Effective immediately, any Country

By Brian Stelter, Liam Reilly, CNN (CNN) — Paramount is taking its pursuit of CNN’s parent company Warner Bros. Discovery to court. On Monday Paramount CEO David Ellison announced a lawsuit in Delaware Chancery Court, where shareholders typically bring corporate disputes, as it attempts a hostile takeover of the iconic entertainment company. Ellison criticized Warner

By Nathaniel Meyersohn, CNN New York (CNN) — The biggest chains in America are using facial recognition technology to try to stop shoplifting. But most customers are unaware their faces are being scanned while they shop. Facial recognition isn’t new — it’s been controversially used for over a decade. Despite widespread disdain for the technology’s

By John Towfighi, CNN New York (CNN) — Investors took one look at the Trump administration’s criminal investigation into Federal Reserve Chair Jerome Powell and decided to resuscitate the “Sell America” trade Sunday night, selling off US stock futures, bonds and the dollar. But the “Sell America” trade was muted Monday, with US stocks recovering

By Clare Duffy, CNN New York (CNN) — When Elliston Berry, then 14 years old, discovered a classmate had made and shared a deepfake nude image of her, she didn’t know where to turn for information on what had happened or how to get the photos removed from social media. Now, she’s pushing to ensure

By Matt Egan, CNN New York (CNN) — Greenland’s untapped mineral wealth has helped land the island at the top of President Donald Trump’s empire-building wish list. Trump officials view Greenland’s underground riches as a way to loosen China’s stranglehold over the rare-earth metals that are critical for everything from fighter jets and lasers to

By Lex Harvey, CNN (CNN) — Elon Musk’s Grok has been blocked by Indonesia and Malaysia, the first countries to do so after the artificial intelligence tool’s “digital undressing” function flooded the internet with photos of women and minors in suggestive and obscene manipulated images. International pressure has been mounting on Musk to rein in

CNN By Alexandra Banner, CNN Greenland’s untapped mineral wealth has put the island at the top of President Donald Trump’s wish list. With opposition growing, he is escalating his rhetoric and is now threatening to take the territory “the hard way.” Here’s what else you need to know to get up to speed and on

By Bryan Mena, CNN Washington (CNN) — Federal prosecutors have opened a criminal investigation of Federal Reserve Chair Jerome Powell over his June testimony before Congress about the central bank’s $2.5 billion renovation of its headquarters in Washington, DC, The stunning action against the independent Federal Reserve was met with an equally extraordinary statement posted

By Auzinea Bacon, CNN (CNN) — The United States attacked Venezuela and President Donald Trump is threatening to take Greenland “the hard way.” All the while, the US has an uncertain economic outlook and a weak jobs report. But the Dow Jones Industrial Average could still hit a record 50,000 points on Monday. The Dow,

By John Towfighi, CNN New York (CNN) — President Donald Trump says US companies will now have access to Venezuela’s vast oil reserves. But the country’s other commodities have also caught his administration’s attention. Venezuela has unverified amounts of minerals, metals and potentially rare earth elements, experts say. These raw materials are indispensable for industries

By Lisa Eadicicco, CNN Las Vegas, NV (CNN) — Robots took over the floor at the biggest technology show of the year: I watched a towering humanoid robot march forward, spin its head and wave at an excited crowd. Then I almost bumped into a four-legged doglike robot behind me. They’re just a couple of

By Luciana Lopez, CNN (CNN) — President Donald Trump on Friday called for a one-year, 10% cap on credit card interest rates, saying the American public is being “ripped off” in a Truth Social post. Trump called for the cap to come into effect on January 20, the one-year anniversary of his return to the

CNN By Vanessa Yurkevich, CNN New York (CNN) — The food pyramid is getting turned upside down, with protein and dairy gaining more prominence in the suggested American diet. Sugar and processed foods are getting shunned even more with warning labels. It has whiffs of MAHA, as the new dietary guidelines for Americans promote controversial

By Vanessa Yurkevich, CNN New York (CNN) — The food pyramid is getting turned upside down, with protein and dairy gaining more prominence in the suggested American diet. Sugar and processed foods are getting shunned even more with warning labels. It has whiffs of MAHA, as the new dietary guidelines for Americans promote controversial saturated

By Alicia Wallace, CNN (CNN) — Hiring slowed more than expected in December, a sluggish end to what was one of the weakest years of job growth in decades, a dynamic that further amplified America’s affordability crisis. The US economy added an estimated 50,000 jobs last month, slowing from a downwardly revised 56,000 jobs added

CNN By Alicia Wallace, CNN (CNN) — Hiring slowed more than expected in December, a sluggish end to what was one of the weakest years of job growth in decades, a dynamic that further amplified America’s affordability crisis. The US economy added an estimated 50,000 jobs last month, slowing from a downwardly revised 56,000 jobs

By David Goldman, Adam Cancryn, CNN (CNN) — President Donald Trump is set to meet with Big Oil executives Friday as part of a weeklong charm offensive to persuade America’s largest energy companies to return to Venezuela. The oil industry has expressed serious skepticism about ponying up tens of billions of dollars over a decade

By Ramishah Maruf, Elisabeth Buchwald, CNN (CNN) — President Donald Trump said Thursday he had ordered “my representatives” to buy $200 billion in mortgage bonds in an attempt to drive down interest rates and monthly payments, writing in a Truth Social post. Fannie Mae and Freddie Mac, two government-owned mortgage giants, are now worth “an

By Chris Isidore, CNN (CNN) — General Motors on Thursday said it will lose another $6 billion as a result of its decision to pull back on electric cars. It comes on top of a $1.6 billion charge it disclosed in October for changes to its EV plans. It’s another sign of the significant cost

By Brian Stelter, CNN (CNN) — Paramount is not raising its bid for Warner Bros. Discovery above $30 per share — at least not yet. On Thursday, Paramount responded to WBD’s latest rejection letter by repeating its view that shareholders should support its hostile takeover bid. “Paramount’s offer is superior to WBD’s existing agreement with

By Alicia Wallace, CNN (CNN) — Americans are feeling increasingly hopeless about their employment prospects, new survey data showed Thursday. The probability of finding a job hit a record low of 43.1% in December, according to the Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, a closely watched survey that has been

By Lisa Eadicicco, CNN Las Vegas, NV (CNN) — Intel, fresh off a historic investment from the Trump administration, has a plan to radically reshape the company’s strategy. And if you think it involves AI… You’re right. Once the dominant player in chips, Intel has struggled to keep pace with rivals over the past decade,

By Hadas Gold, CNN (CNN) — Elon Musk’s AI chatbot, Grok, has been flooded with sexual images of mainly women, many of them real people. Users have prompted the chatbot to to “digitally undress” those people and sometimes place them in suggestive poses. In several cases last week, some appeared to be images of minors, leading

By Clare Duffy, CNN New York (CNN) — Character.AI has agreed to settle multiple lawsuits alleging the artificial intelligence chatbot maker contributed to mental health crises and suicides among young people, including a case brought by Florida mother Megan Garcia. The settlement, announced last week, marks the resolution to some of the first and most

By Ramishah Maruf, CNN New York (CNN) — Betting big on memestocks could pay off, at least for GameStop CEO Ryan Cohen. But a potentially huge payout hinges on a massive turnaround for the volatile video game retailer. Cohen could receive a pay package worth $35 billion in performance-based stock options, the company’s board announced

By Nathaniel Meyersohn, CNN New York (CNN) — President Donald Trump said Wednesday that he intends to ban large institutional investors from buying additional single-family homes. “I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it. People live in homes,

By Brian Stelter, David Goldman, CNN (CNN) — Once again, Warner Bros. Discovery has chosen Netflix as its preferred suitor over Paramount. On Wednesday, the WBD board advised shareholders that last month’s revised offer from Paramount is still not as appealing as the existing agreement with Netflix — even though Paramount said it had addressed

CNN, POOL, @REALDONALDTRUMP , TRUTH SOCIAL, @realDonaldTrump / Truth Social By Kit Maher, Kaitlan Collins, David Goldman, CNN (CNN) — President Donald Trump said Tuesday night that Venezuela will turn over 30 million to 50 million barrels of oil to the United States, to be sold at market value and with the proceeds controlled by

By Kit Maher, Kaitlan Collins, David Goldman, CNN (CNN) — President Donald Trump said Tuesday night that Venezuela will turn over 30 million to 50 million barrels of oil to the United States, to be sold at market value and with the proceeds controlled by the US. Interim authorities in Venezuela will turn over “sanctioned

By John Liu, CNN Hong Kong (CNN) — China has banned exports of some rare earth elements and other items to Japan that could be used for military purposes, straining already tense relations between the two countries following the Japanese prime minister’s recent remarks on Taiwan. The sweeping restrictions on so-called dual-use items – goods,

By Lisa Eadicicco, CNN Las Vegas (CNN) — Nvidia just provided a closer look at its new computing platform for AI data centers, Vera Rubin, a release that could have major ramifications for the future of AI given the industry’s massive reliance on the company’s tech. Nvidia previously announced some details about Vera Rubin but

By Lisa Eadicicco, CNN Las Vegas, NV (CNN) — For years, sci-fi shows have depicted futuristic computers with shapeshifting screens that can fold or expand depending on the situation. Now, Samsung is banking on that concept to try to steer the future of smartphones. The new Samsung Galaxy Z Trifold folds in two places —

By Brian Stelter, CNN (CNN) — While describing the US military operation in Venezuela on Saturday, President Trump referenced a two-word title for his determination to dominate the Western Hemisphere. “They now call it the ‘Donroe Doctrine,’” Trump said, crediting unnamed others with the phrase. Like so many of Trump’s talking points, this one has

By Matt Egan, CNN New York (CNN) — The gas pump has emerged as a rare source of relief for Americans drowning in higher prices — and that positive trend is expected to continue in 2026, regardless of the uncertainty in Venezuela. Gas prices are projected to average just $2.97 a gallon nationally this year,

By John Towfighi, CNN (CNN) — US stocks had a stellar 2025, but global markets stole the show. A major index tracking stocks outside the US, the MSCI All Country World ex-USA, gained 29.2% in 2025, handily outpacing the S&P 500’s gain of 16.39%. The artificial intelligence boom has benefited markets in Asia, where tech

By David Goldman, CNN (CNN) — President Donald Trump on Saturday said the US would take control of Venezuela’s massive oil reserves and recruit American companies to invest billions of dollars to refurbish the country’s gutted oil industry. Venezuela is sitting on a massive 303 billion barrels worth of crude — about a fifth of

By Chris Isidore, John Liu, CNN (CNN) — In 2011, Tesla CEO Elon Musk dismissed Chinese electric vehicle maker BYD as a competitor. But some 14 years later, BYD beat the American EV pioneer at its own game. The Chinese car giant has overtaken Tesla as the world’s largest seller of EVs, according to 2025

By Elisabeth Buchwald, CNN (CNN) — The United States Commerce Department is poised to significantly reduce the tariffs set to take effect on over a dozen Italian pasta makers’ products later this year. Most products from the European Union are already subject to tariffs of at least 15%. The pasta-specific tariffs, initially proposed in October

By Nathaniel Meyersohn, CNN New York (CNN) — In New York City, the typical household spends more than half of its income on rent and 100,000 people sleep in homeless shelters every night. “This is what a full-blown affordability crisis looks like,” said Manhattan Borough President Mark Levine in a December report. Median rents in

By John Liu, CNN (CNN) — President Donald Trump has delayed new tariff increases on upholstered furniture, kitchen cabinets, and vanities for a year, pushing their implementation to 2027, according to a White House statement. Trump signed a proclamation hours before the end of 2025, postponing the tariff hikes on these items, which were originally

By John Towfighi, CNN New York (CNN) — The S&P 500 just completed a three-peat of double-digit gains. Will 2026 be a four-peat? After three years of stellar gains, Wall Street widely expects the good times to keep rolling in 2026 — but with varied views on how much stocks will rally. Wall Street forecasts

By John Towfighi, CNN New York (CNN) — The US stock market just achieved something so rare that it’s only happened six times since the 1940s: three consecutive years of double-digit gains. The S&P 500 rose 16.39% this year, after rising 23% in 2024 and 24% in 2023. That gain comes despite concerns about tariffs,

By Luciana Lopez, Elijah Shama, Richard Quest, Erin Burnett, CNN (CNN) — Warren Buffett has worn many hats over the years: The stock-picking Oracle of Omaha. An avuncular, Dairy-Queen-eating, Coke-drinking product pitchman. A living symbol of capitalism and its complexities. But for generations of business leaders, the 95-year-old has also served as something else: a

By Lisa Eadicicco, Hadas Gold, Clare Duffy, CNN (CNN) — Hundreds of billions of dollars spent, a surge in mental health concerns and thousands of jobs lost. The link between it all? Artificial intelligence, the buzzy yet controversial technology being depicted as the future or the stock market’s next bubble, depending on who you ask.

By Jordan Valinsky, CNN New York (CNN) — In 2025, shoppers said farewell to a number of well-known retailers. Forever 21 didn’t live up to its name. The celebrations ended at Party City. And it all went wrong for Rite Aid. These stores were just some of the roughly 8,200 locations that shut their doors

By Jeanne Sahadi, CNN (CNN) — Love it or hate it, AI is increasingly becoming integral to the way we work. So, like a lot of employees, you’ve started using it for your assignments. That’s great – unless you’re not clear on what defines acceptable versus unacceptable uses of AI for your job and which

By Hadas Gold, CNN (CNN) — One week ago, 23-year-old Nick Shirley was relatively unknown in the public sphere. But in recent days, he has gained hundreds of thousands of followers and millions of views, amplified by Elon Musk, Vice President JD Vance and FBI Director Kash Patel. The MAGA leaders promoted Shirley’s video of

By Jordan Valinsky, CNN New York (CNN) — Lululemon’s former CEO Chip Wilson is once again slamming the struggling company he founded, and he’s launching a campaign to shake up its board. Wilson, Lululemon’s controversial founder and second largest shareholder, announced Monday that he nominated three new directors, including former executives from ESPN and Activision,

By Nathaniel Meyersohn, CNN New York (CNN) — Starbucks spent years trying to become an inescapable storefront on the streets of New York, Los Angeles and other big cities in America. Now that’s coming to an end. Its expansion once seemed limitless. It was even a joke. In 1998, an Onion headline read “New Starbucks

By Auzinea Bacon, CNN (CNN) — Moviegoers flocked to theaters for Disney’s “Avatar: Fire and Ash” on the last weekend of the year, solidifying the sci-fi adventure film’s place as one of the biggest blockbusters of 2025. The third installment of director James Cameron’s “Avatar” films raked in another $64 million domestically Friday through Sunday,

COLUMBIA PICTURES, LIONSGATE, A24, WALT DISNEY PICTURES, 20TH CENTURY STUDIOS, CNN By Auzinea Bacon, CNN (CNN) — Moviegoers flocked to theaters for Disney’s “Avatar: Fire and Ash” on the last weekend of the year, solidifying the sci-fi adventure film’s place as one of the biggest blockbusters of 2025. The third installment of director James Cameron’s

By Elisabeth Buchwald, CNN New York (CNN) — For more than three decades, lifelong New Yorkers and tourists visiting the Big Apple have shared the experience of a MetroCard swipe gone wrong. Swiping the transit card too fast or too slow, with the stripe facing the wrong side, or having insufficient fare all led to

By Ramishah Maruf, CNN New York (CNN) — Warren Buffett became the the world’s most famous investor because of his sage investment wisdom at the helm of Berkshire Hathaway. That wasn’t his only job: He’s also the company’s best pitchman. Take the company’s annual meeting – the place to be if you want financial advice

By David Goldman, CNN (CNN) — A soaking wet George Bailey and Clarence, warming up by the fire in the toll house on the bridge, discuss why Clarence jumped into the freezing water. It was to help George, Clarence tells him. “Only one way you can help me,” George says sarcastically. “You don’t happen to

CNN By Toni Odejimi, Rafael Romo, CNN (CNN) — A lucky Powerball ticket holder in Arkansas has won an estimated $1.8 billion jackpot, the second largest in US lottery history, after matching all six numbers in Monday’s drawing. The winning ticket, sold at a Murphy USA gas station in Cabot, Arkansas, matched 4, 25, 31,

By Samantha Delouya, CNN (CNN) — Next year may mark a turning point for the US housing market. After several years in a deep freeze, with high borrowing costs and soaring prices locking many Americans out of homeownership, economists say conditions may begin to shift in 2026. But next year, many economists are optimistic about

By Toni Odejimi, Rafael Romo, CNN (CNN) — A lucky Powerball ticket holder in Arkansas has won an estimated $1.8 billion jackpot, the second largest in US lottery history, after matching all six numbers in Monday’s drawing. The winning ticket, sold at a Murphy USA gas station in Cabot, Arkansas, matched 4, 25, 31, 52,

By John Towfighi, CNN New York (CNN) — Gold is having its best year since 1979. Gold futures traded in New York have soared almost 71% this year, on pace for their best annual gain in 46 years. The last time gold had such a strong year, Jimmy Carter was president, a crisis was unfolding

By Chris Isidore, CNN (CNN) — For years, a huge Amazon contract has been one of the few bright spots in the US Postal Service’s finances. But now the USPS plans to offer those last-mile services to additional customers to stem billions in ongoing losses – a move that risks losing its biggest customer. The

By Toni Odejimi, CNN (CNN) — It’s a very happy holiday for a lucky lottery player in Arkansas, who nabbed a $1.8 billion Powerball jackpot on Christmas Eve, according to the Arkansas Scholarship Lottery. The winning ticket was sold at a Murphy USA gas station in Cabot, Arkansas. Last minute ticket sales in Wednesday’s drawing

By John Liu, CNN Hong Kong (CNN) — One of China’s most popular short-video and streaming platforms was flooded with porn and violent content earlier this week, sparking outrage and bafflement in a nation where the internet is tightly controlled. Kuaishou, a major rival of TikTok’s Chinese version Douyin, suffered a cyberattack around 10 p.m.

By Elisabeth Buchwald, CNN (CNN) — An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department data released Tuesday. That’s the fastest growth rate in two years. An acceleration

By John Liu, CNN (CNN) — Chinese-made drones have dominated the skies in the United States for years, with private owners, police departments, and firefighters deploying them nationwide. But a new rule by the Federal Communications Commission on Tuesday will make it impossible for US consumers to buy the next generation of these drones. The

By Brian Stelter, CNN (CNN) — CBS News editor in chief Bari Weiss decided to shelve a planned “60 Minutes” story titled “Inside CECOT,” creating an uproar inside CBS, but the report has reached a worldwide audience anyway. On Monday, some Canadian viewers noticed that the pre-planned “60 Minutes” episode was published on a streaming

By Brian Stelter, CNN (CNN) — Earlier this month, after President Donald Trump blasted “60 Minutes” for interviewing Marjorie Taylor Greene, correspondents noticed a change behind the scenes. “Bari Weiss got personally involved,” specifically with stories about politics, a source at the program told CNN. It was her prerogative as the new editor-in-chief of CBS

By David Goldman, CNN (CNN) — Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to bankroll the transaction. The Ellisons will also let shareholders peer into the finances of their family

CNN By Samantha Delouya, CNN Los Angeles (CNN) — Often strung from utility poles or buried beneath our feet, copper wire has played a critical role in powering America’s electrical grid for more than a century. But brazen thefts are threatening the grid, with thieves climbing onto car roofs to cut down telephone lines or

By Samantha Delouya, CNN Los Angeles (CNN) — Often strung from utility poles or buried beneath our feet, copper wire has played a critical role in powering America’s electrical grid for more than a century. But brazen thefts are threatening the grid, with thieves climbing onto car roofs to cut down telephone lines or prying

By Jeanne Sahadi, CNN (CNN) — You don’t get labeled the “Oracle of Omaha” for nothing. As one of the world’s most successful investors, Warren Buffett’s views on markets, companies and the economy have always been of great interest on Wall Street and Main Street. Now 95, Buffett is stepping down as CEO of Berkshire

By Matt Egan, CNN New York (CNN) — The Trump business empire’s expansion into nuclear fusion is alarming ethics experts, who warn it poses glaring conflicts of interest and risks the federal government playing favorites in what could be the holy grail of clean energy. Trump Media & Technology Group (DJT) shocked Wall Street last

By Susannah Cullinane, CNN (CNN) — There were no jackpot winners in Monday’s Powerball drawing, pushing the grand prize up to an estimated $1.7 billion for the game’s next drawing – on Christmas Eve. Monday night’s winning numbers were 3, 18, 36, 41, 54 and red powerball 7, with a Power Play multiplier of 2.

By Brian Stelter, CNN (CNN) — CBS News suddenly shelved a “60 Minutes” segment featuring the accounts of Venezuelan men deported by the Trump administration to a notorious maximum-security prison in El Salvador. Now one of its own correspondents fears the program is being “dismantled,” and some employees are threatening to quit. The correspondent who

By Auzinea Bacon, CNN (CNN) — Popular Kentucky bourbon maker Jim Beam plans to pause production at its main distillery on January 1, according to the James B. Beam Distilling Co. The decision comes as Kentucky faces an increasing supply of aging barrels and uncertainty over President Donald Trump’s trade wars. Kentucky has an all-time

CNN By Auzinea Bacon, CNN (CNN) — Popular Kentucky bourbon maker Jim Beam plans to pause production at its main distillery on January 1, according to the James B. Beam Distilling Co. The decision comes as Kentucky faces an increasing supply of aging barrels and uncertainty over President Donald Trump’s trade wars. Kentucky has an

WALT DISNEY PICTURES, PARAMOUNT PICTURES, LIONSGATE, ANGEL STUDIOS, 20TH CENTURY STUDIOS, CNN By Auzinea Bacon, CNN (CNN) — Moviegoers escaped into director James Cameron’s sci-fi universe this weekend, driving the third installment of the “Avatar” franchise to an estimated $88 million domestically. The opening was shy of analysts’ expectations that it could earn more than

By Auzinea Bacon, CNN (CNN) — Moviegoers escaped into director James Cameron’s sci-fi universe this weekend, driving the third installment of the “Avatar” franchise to an estimated $88 million domestically. The opening was shy of analysts’ expectations that it could earn more than $100 million in its first weekend. The first “Avatar” movie debuted in