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By Lisa Eadicicco, CNN (CNN) — The nearly decades-long battle between Apple and Samsung for smartphone dominance may soon enter a new phase. Samsung on Wednesday introduced three new foldable phones, including a redesigned model called the Galaxy Z Fold 8 that it hopes will appeal to a broader audience. The fresh design comes at

By Chris Isidore, CNN (CNN) — Elon Musk is now a trillionaire. Is his next big move a merger between Tesla and SpaceX into a $3 trillion behemoth? Following SpaceX’s splashy record-setting public offering last month, that’s the big question on many investors’ minds. But Musk’s call with shareholders on Wednesday provided few answers. When

By David Goldman, CNN (CNN) — The Houthis’ blockade of the Bab al-Mandeb strait couldn’t have come at a worse time for the oil market. Iran’s proxies in Yemen have threatened to cut off a major bypass of the Strait of Hormuz, through which oil tanker traffic has slowed dramatically in recent days. So far,

By Anna Cooban, CNN London (CNN) — The temperature was 92 degrees Fahrenheit. The sweat, profuse. And I was walking toward an exhibition about the “obesity experience” on London’s bustling riverside funded by a $220 billion pharmaceutical company. It was day two of two. In a few hours’ time, the exhibition, designed as a maze,

CNN By Elisabeth Buchwald, Stephanie Yang, CNN (CNN) — President Donald Trump on Monday announced sweeping tariffs against Canada, threatening to reignite a trade battle with one of America’s closest allies and top economic partners. The 50% tariffs on certain Canadian goods, including electrical equipment and machinery, are among the steepest tariffs his administration has

By Elisabeth Buchwald, Stephanie Yang, CNN (CNN) — President Donald Trump on Monday announced sweeping tariffs against Canada, threatening to reignite a trade battle with one of America’s closest allies and top economic partners. The 50% tariffs on certain Canadian goods, including electrical equipment and machinery, are among the steepest tariffs his administration has levied

By Elisabeth Buchwald, CNN (CNN) — Americans are making fewer visits to food chains with lettuce-heavy menus as concerns mount over the cyclospora outbreak. Last week, the Food and Drug Administration and the Centers for Disease Control and Prevention linked lettuce served at some Taco Bell restaurants to the widespread outbreak of the diarrhea-causing parasite.

By Brian Stelter, CNN (CNN) — A federal judge has granted a temporary restraining order pausing Paramount’s takeover of Warner Bros. Discovery, CNN’s parent company. Judge Araceli Martínez-Olguín’s Monday ruling puts the media mega-merger on hold for two weeks while she considers a broader antitrust legal challenge brought by a coalition of 12 state attorneys

By Jordan Valinsky, CNN New York (CNN) — The future for big booze might be smaller — literally. Jameson maker Pernod Ricard, Patrón owner Bacardi Limited and Kendall Jenner’s 818 Tequila are just a few of the alcohol companies expanding their mini bottle selections. Shoppers looking to stretch a dollar are increasingly choosing smaller packages

By Chris Isidore, CNN (CNN) — The average price US drivers pay for a gallon of gas hit $4 on Monday, as fighting between the United States and Iran intensified, further disrupting oil flows through the Strait of Hormuz. The average price is now just above $4 a gallon, according to AAA. Gas first crossed

By Chris Isidore, CNN (CNN) — A quick glance at US electric vehicle sales might give the impression EVs are a niche product, unable to shake Americans’ love affair with gas-powered trucks and SUVs. The recent spike in gas prices did little to lift sales, and the elimination of some tax incentives last year cut

By Isabelle LaBianco (CNN) — Ice cream prices are cooling off at the cash register ahead of National Ice Cream Day. Even as summer heat drives up the demand for frozen treats, the average price of a half-gallon ice cream container in the US was below $6 last month, according to data released Tuesday by

By Lisa Eadicicco, CNN (CNN) — Google and Apple have a big leg up in the AI race: their control of billions of smartphones around the world. That’s according to the European Commission, which is now cracking down on what that means for AI assistants. Apple and Google have long dominated the smartphone market, combining

By Elisabeth Buchwald, CNN (CNN) — For generations, the formula for getting ahead in America seemed straightforward: Go to college, work hard, save your money, buy a home and climb the economic ladder. Today, that formula increasingly depends on something many Americans can’t control: whether their family has the financial means to help along the

By Hanna Ziady, CNN Manchester, England (CNN) — Britain badly needs its mojo back. Its economy is struggling, public services are strained and improvements in living standards have slowed to a crawl in recent decades. Political instability is the new normal, and the national mood is bleak. Could a healthy dose of hope from Andy

By Clare Duffy, CNN New York (CNN) — Meta is in talks with Anthropic about leasing computing capacity to the AI startup. It’s a move that could put the social media giant in competition with Amazon, Microsoft and Google in a new line of business: cloud computing. The conversation about a potential deal is still

By Brian Stelter, CNN (CNN) — Lawyers for the 12-state coalition trying to block the Paramount–Warner Bros. Discovery deal argued in court on Friday that a temporary restraining order (TRO) is necessary to stop the companies from completing the merger. Judge Araceli Martínez-Olguín also heard Paramount’s arguments against the TRO. As CNN reported earlier this

By Bryan Mena, CNN Washington (CNN) — Lower gas prices helped Americans feel more optimistic about the economy early this month, though that relief might be short lived if the conflict in the Middle East continues to intensify. The University of Michigan’s latest survey of Americans, released Friday, showed that consumer sentiment surged 10% early

By John Towfighi, Chris Isidore, CNN (CNN) — Stocks in Asia and the United States fell Friday after technological advances announced by a Chinese artificial intelligence company intensified concerns that the AI spending spree driving this year’s market rally could be at risk. Chinese startup Moonshot AI unveiled Kimi K3, a new open-source model that

By Jordan Valinsky, CNN Dallas (CNN) — The future of Chili’s looks a lot like its past. Red-leather booths, a staple of Chili’s restaurants in the 1990s, are coming back to dining rooms. So are the colorful tile tables, but without the grout that made them difficult to clean. And the walls will be adorned

By Samantha Delouya, CNN (CNN) — For years, buying a home in need of work was seen as a more affordable path to homeownership and building wealth. Home makeover shows dominated TV, house-flipping became a booming business, and first-time buyers embraced the idea of trading sweat equity for a lower purchase price. But lately, fixer-uppers

By John Towfighi, CNN (CNN) — Truth Social will sell Wall Street firms quicker access to market-moving posts from President Donald Trump, the company said on Thursday. Truth Social, owned by Trump Media & Technology Group (DJT), has become the president’s go-to place for announcing policy decisions. The president’s posts frequently move markets, from stocks

By Samantha Delouya, CNN (CNN) — Geopolitical tensions are rippling through America’s housing market, adding to the financial strain on homebuyers. This week, the average rate on a 30-year fixed mortgage climbed to 6.55% — its highest level in nearly a year — after renewed strikes in Iran rattled financial markets. The increase all but

By David Goldman, CNN (CNN) — US gas prices have rocketed higher during the on-again, off-again war with Iran. After a brief respite, the average price for gas has surged 15 cents in a week to $3.94 a gallon and appears headed north of $4 again. Diesel, which shows up in customers’ shipping costs, topped

By Phil Mattingly, CNN (CNN) — A Reporter’s Notebook from four cities, 5,000 miles, three dozen interviews and the people I can’t stop thinking about. We were a few minutes into a drive when Jolene Simecek said something that left me speechless. She was steering me through Parma, Ohio, narrating the new subdivisions as they

By Bryan Mena, CNN Washington (CNN) — Spending at US retailers last month was weaker than expected, despite the World Cup drawing tourists from around the world and online sales events. Retail sales rose 0.2% in June from the prior month, the Commerce Department said Thursday, down sharply from May’s revised 1% increase. That was

CNN, MAYO CLINIC, SCALE, GETTY IMAGES By Clare Duffy, CNN Rochester, Minn. (CNN) — Preparing to meet with a patient can require Mayo Clinic internal medicine physician Dr. Alexander Ryu to sort through dozens, or even hundreds, of pages of medical records. Many patients visit the renowned clinic looking for a third or fourth opinion,

By Clare Duffy, CNN Rochester, Minn. (CNN) — Preparing to meet with a patient can require Mayo Clinic internal medicine physician Dr. Alexander Ryu to sort through dozens, or even hundreds, of pages of medical records. Many patients visit the renowned clinic looking for a third or fourth opinion, carting with them unsorted documents from

By Stephanie Yang, Anna Cooban, Hanna Ziady, CNN (CNN) — The United States plans to impose a 25% tariff on some Brazilian imports from next week, after a yearlong investigation concluded that the country had engaged in “unfair” trade practices. It’s one of the first new tariffs to be imposed since President Donald Trump pledged

By Brian Stelter, CNN (CNN) — The New York Times has taken legal action to challenge unusual subpoenas issued to several of its reporters last week. The subpoenas, which attempt to compel the reporters to testify before a grand jury about their anonymous sources, were “abusive and improper” and should be quashed by a court,

By Ramishah Maruf, CNN New York (CNN) — Elon Musk’s xAI sued a user on Tuesday, alleging he used the Grok chatbot to create child sexual abuse materials. It’s one of the first lawsuits filed by a tech company against users who allegedly create explicit content with AI. Musk’s company alleged in the lawsuit that a

By Brian Stelter, Liam Reilly, CNN (CNN) — The Federal Communications Commission is changing its rules so that local TV station owners can get much, much bigger. The looming vote, which is likely to be challenged in court, is a long-sought victory for media moguls who are aligned with President Donald Trump and the Republican

By Brian Stelter, CNN (CNN) — Executives involved in the pending Paramount–Warner Bros. Discovery deal expect that a judge will hit pause on the takeover plan in the coming days. Officially, it’s anyone’s guess what the court will do in response to a request by 12 state attorneys general for a temporary restraining order (TRO).

By Bryan Mena, CNN Washington (CNN) — Federal Reserve Chairman Kevin Warsh faced intense grilling Wednesday from Democratic Sen. Elizabeth Warren, who demanded to know whether he had questioned a colleague about reports that she attended a meeting with bankers last month that may have violated Fed rules, fueling a heated exchange about ethics. The

By Elisabeth Buchwald, CNN (CNN) — Inflation at the wholesale level cooled last month, helped by a sharp drop in energy prices, according to data released Wednesday by the Bureau of Labor Statistics. On an annual basis, the Producer Price Index, which measures the prices businesses receive for their goods and services, slowed at a

By Stephanie Yang, John Liu, CNN Hong Kong (CNN) — China is struggling to offset economic challenges both at home and abroad, as its economy grew at a slower-than-expected pace in the second quarter of the year. On Wednesday, China’s National Bureau of Statistics said the economy grew 4.3% in the quarter ending June 30,

By Hadas Gold, CNN (CNN) — The White House is establishing a new AI cybersecurity clearinghouse to help coordinate cybersecurity defenses across critical infrastructure. Industries and critical infrastructure are racing to catch up with new AI models with increasingly advanced abilities that can find and exploit (but also defend against) cybersecurity vulnerabilities. Some AI companies

By David Goldman, CNN (CNN) — Just before the United States reimposed its naval blockade of Iranian ports Tuesday afternoon, Iran appeared to be readying blockade-busting vessels in the Persian Gulf that could attempt to evade US military forces. Twenty-three Iranian vessels operating inside the Strait of Hormuz are fraudulently flagged, recently turned their transponders

By Ramishah Maruf, Clare Duffy, CNN New York (CNN) — Apple avoided responsibility for the alleged circulation of child sexual abuse material on iCloud after a judge dismissed a lawsuit against the company on Tuesday. The onus should be on lawmakers to protect children instead, the judge said. The proposed class action was filed by

CNN By Bryan Mena, CNN Washington (CNN) — Federal Reserve Chairman Kevin Warsh on Tuesday offered his most detailed account yet of the sweeping changes he’s ushering in at America’s central bank and the philosophy behind them. Warsh appeared before the House Financial Services Committee to deliver the Fed’s semiannual Monetary Policy Report, a routine

By Bryan Mena, CNN Washington (CNN) — Federal Reserve Chairman Kevin Warsh on Tuesday offered his most detailed account yet of the sweeping changes he’s ushering in at America’s central bank and the philosophy behind them. Warsh appeared before the House Financial Services Committee to deliver the Fed’s semiannual Monetary Policy Report, a routine overview

By Elisabeth Buchwald, CNN (CNN) — The Trump administration says its trade fraud crackdown has already topped $1 billion in recoveries and alleged losses, less than a year after the launch of a task force dedicated to this initiative. The figure includes money recovered through criminal and civil cases, including penalties, settlements, restitution, asset forfeitures

By Chris Isidore, CNN (CNN) — Warren Buffett didn’t give anything to the Gates Foundation this year, instead directing nearly $6 billion in shares of Berkshire Hathaway to four foundations related to his own family. Buffett, who was a founding trustee of the Gates Foundation, started “The Giving Pledge” with Bill Gates and his then-wife

By David Goldman, CNN (CNN) — An extraordinary warning from IBM CEO Arvind Krishna sent shares plunging – on pace for their worst day in the 115-year-old company’s history. IBM (IBM) shares plunged 24% in premarket trading. Its worst day ever was October 19, 1987 – aka Black Monday – when shares fell 23.7%, mirroring

By Elisabeth Buchwald, CNN (CNN) — Since the US-Israeli war with Iran broke out, shipping companies have been calling for greater protection for vessels to safely cross through the Strait of Hormuz, a critical trade route that is controlled by Iran. President Donald Trump now says the United States can provide that — but in

By Brian Stelter, CNN (CNN) — Twelve states have sued to block Paramount’s takeover of Warner Bros. Discovery, CNN’s parent, kicking off a high-stakes antitrust battle that could impede the media mega-merger. California Attorney General Rob Bonta said the antitrust lawsuit, filed Monday in the Northern District of California, is necessary because “this merger would

By Brian Stelter, CNN (CNN) — For President Donald Trump, this latest leak hunt is really personal. Last week, reporters at The New York Times received subpoenas referencing “an alleged violation of federal criminal law” just two days after they published a story contradicting Trump’s claims about the new Qatari-gifted Air Force One. Journalists involved

By Lisa Eadicicco, CNN (CNN) — Thinking about buying a new laptop or game console anytime soon? Be prepared to pay up. Point the finger at the AI boom. Data centers have led to a surge in demand for memory, a critical piece of computer hardware that’s needed to quickly process information. While that’s good

By Chris Isidore, CNN (CNN) — Toyota announced last week it would do something other automakers have been reluctant to do – shift some production from Mexico to the United States. The Japanese automaker will soon build half of its best-selling midsize Tacoma pickups at an expanded plant in San Antonio, where it already builds

By Ramishah Maruf, CNN New York (CNN) — The CPAP Baddies assembled in Vancouver, Canada. The first official hangout for users of the sleep apnea treatment device was an influencer-style event hosted by medical company ResMed, complete with merchandise, hors d’oeuvres and a photobooth. At a podcast-style corner, a host asked the attendees, who scored

By Jon Sarlin, CNN (CNN) — This World Cup, a bunch of people decided to gamble millions on whether soccer superstar Cristiano Ronaldo would cry during a match. The bet, which happened on Polymarket, isn’t weird for the wild world of prediction markets. Like whether aliens will be announced by the US government, whether a

By Samantha Delouya, CNN (CNN) — The 21st Century Road to Housing Act, a bipartisan bill that aims to tackle housing affordability, officially became law early Saturday, despite a series of attempts by President Donald Trump to stall the legislation. Its passage signals that lawmakers recognize the frustration many Americans feel about the high cost

By Liam Reilly, CNN (CNN) — The New York Times filed a counterclaim Friday against the Equal Employment Opportunity Commission, accusing the agency of retaliating against the publication for its reporting via a race- and gender-based discrimination lawsuit. The countersuit follows an EEOC lawsuit filed in May on behalf of a White staffer, Bryant Rousseau,

By Lisa Eadicicco, Hadas Gold, CNN (CNN) — Apple sued OpenAI on Friday, alleging the AI company has stolen the iPhone maker’s trade secrets to develop its own yet-to-be-unveiled AI gadgets. In the suit, filed in the District Court of Northern California, Apple accuses OpenAI of trade secret misappropriation and breach of contract. OpenAI last

By Clare Duffy, CNN New York (CNN) — The European Commission says Meta must make significant changes to Facebook and Instagram to address the “addictive design” of the social media platforms. Features on the apps such as autoplay, infinitely scrolling feeds, personalized recommendations and push notifications could compromise users’ “physical and mental wellbeing,” the commission

By Chris Isidore, CNN (CNN) — Air fares aren’t coming down, Delta Air Lines said Friday, even though the cost of jet fuel has fallen sharply. In its second-quarter earnings report, the airline said its various measures of fares are up 11%-12% due to strong demand for travel, and that it sees “sustainability” in those

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