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Tesla’s profit engine is sputtering. Elon Musk has bet its future on a promise he’s far from delivering

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

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Trump ‘immediately’ imposes 25% tariffs on countries that do business with Iran. That could include China

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

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Paramount chief executive David Ellison

Paramount files lawsuit in pursuit of Warner Bros. Discovery and threatens proxy fight

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

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Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed

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

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Jerome Powell

Federal prosecutors open criminal investigation into the Fed and Jerome Powell

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

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Venezuela has a ton of oil. It also has something else America needs

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

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After ‘digital undressing’ criticism, Elon Musk’s Grok limits some image generation to paid subscribers

By Hadas Gold, CNN (CNN) — Elon Musk’s Grok chatbot has limited some of its Imagine image generation features to paid X subscribers, days after international uproar over the AI tool responded to user requests by “digitally undressing” people, including children. The change appears to have occurred between Thursday and Friday. Grok’s X account responds

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Will you notice any change at the grocery store because of RFK Jr.’s new food guidelines? You already have

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

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Trump orders ‘my representatives’ to buy $200 billion in mortgage bonds in effort to lower housing costs

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

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Character.AI and Google agree to settle lawsuits over teen mental health harms and suicides

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

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Today is Warren Buffett’s last day as Berkshire CEO. Business leaders tell us what they learned from him

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

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The brands we lost in 2025

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

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The barbarians are at Lululemon’s gate

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,

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The US economy expanded at the fastest pace in two years as wealthier Americans kept spending

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

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‘60 Minutes’ story shelved by Bari Weiss streamed in Canada — and instantly spread across the web

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

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The decision to shelve the “60 Minutes” story has caused uproar within the CBS newsroom.

Inside the Bari Weiss decision that led to a ‘60 Minutes’ crisis

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

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Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion

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

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CBS shelves ‘60 Minutes’ story on Trump deportees at the last minute: ‘People are threatening to quit,’ staffers say

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

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"Avatar: Fire and Ash" could prove to have staying power with audiences after opening to $88 million domestically.

‘Avatar: Fire and Ash’ lights up the box office with $88 million opening

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

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‘Avatar: Fire and Ash’ lights up the box office with $88 million opening

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

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The tech firm that helped police find the Brown shooting suspect has sparked privacy concerns. Its CEO responds

By Clare Duffy, CNN New York (CNN) — On Thursday afternoon in New York City, I sat down with Flock Safety CEO Garrett Langley. We met to discuss the company’s expansion from making cameras for reading license plates to building drones for law enforcement, and his response to recent privacy concerns surrounding Flock’s technology. Just

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Inflation cooled in November to 2.7%, but economists say to take it with ‘the entire salt shaker’

By Alicia Wallace, CNN (CNN) — Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living. However, economists were quick to caution Thursday that the Consumer Price Index slowing to 2.7% from 3% in September was likely the result of shutdown-related

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Trump’s social media business is merging with a nuclear fusion company

By Matt Egan, Chris Isidore, Laura Paddison, Ella Nilsen, CNN (CNN) — President Donald Trump’s social media and crypto company is making a huge bet on a far different industry – nuclear fusion, a potentially lucrative albeit commercially unproven energy technology that could help power a suddenly electricity-starved economy. Trump Media and Technology Group Thursday

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