Money

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,

By Alicia Wallace, CNN (CNN) — When contending with years of budget-breaking inflation, there was at least one saving grace: For the past 34 months, the average wage was growing faster than prices were. That’s expected to change – in short order. When the Consumer Price Index for March is released on Friday morning, it’s

By Hannah Rabinowitz, Liam Reilly, Jill Martin, CNN (CNN) — The Justice Department is investigating whether the National Football League is forcing viewers to pay too much in subscription fees, according to a person familiar with the matter. The full scope of the investigation, run by the department’s Antitrust Division, was not immediately clear. Complaints

By Samantha Delouya, John Towfighi, CNN New York (CNN) — The war with Iran has roiled Wall Street, driving up the cost of a mortgage along with auto and credit card loans, making everyday life more expensive for Americans. Mortgage rates climbed for five straight weeks after the war began, but ticked down this week

By Alicia Wallace, CNN (CNN) — Americans kept spending in February — but just enough to keep up with rising prices, new data showed Thursday; however, the Iran war is expected to push costs even higher. Consumer spending rose 0.5% in February, up from a 0.3% increase in January, according to a shutdown-delayed report released

By Chris Isidore, Matt Egan, CNN (CNN) — Oil futures are plunging – but it could still take weeks or months before gas prices are dramatically lower. Word of a two-week ceasefire in the war in Iran and a possible reopening of the vital Strait of Hormuz to oil tankers sent crude prices crashing on

By Nathaniel Meyersohn, CNN New York (CNN) — Computer science and engineering students at the University of Washington, spooked about AI, returned from spring break last week to a surprising email from the department head. “I’m reaching out because I keep hearing concerns about AI and the future of (computer science) careers,” Magdalena Balazinska, director

By Jeanne Sahadi, CNN (CNN) — If you’re pulling up the rear when it comes to filing your income taxes, you now have less than 48 hours to get your return in – or file for an extension – by April 15 before 11:59:59 p.m. local time. You’re hardly alone in your dash to the

By Hanna Ziady, John Towfighi, CNN (CNN) — Oil prices plummeted and stocks surged Wednesday after a fragile ceasefire between the United States and Iran took effect, spurring hopes that oil tankers would be allowed to pass through the Strait of Hormuz. WTI, the US crude benchmark, tumbled 16.41% to settle at $94.41 per barrel.

By Sean Lyngaas, CNN (CNN) — Anthropic will make its new AI model available to some of the world’s biggest cybersecurity and software firms in an effort to slow the arms race ignited by AI in the hands of hackers, Anthropic said Tuesday. Amazon, Apple, Cisco, Google, JPMorgan Chase and Microsoft, among other firms, will

By Alicia Wallace, CNN (CNN) — AI-driven job losses may not just make it harder for affected workers to find employment in the short term but also could leave a yearslong “scarring,” marked by depressed income, delayed homeownership and even the lower probability of marriage, according to a new research report from Goldman Sachs. And

By Olesya Dmitracova, CNN London (CNN) — Pershing Square Capital Management, founded by billionaire Bill Ackman, has offered to buy Universal Music Group, the record company behind Lady Gaga, Kendrick Lamar and Sabrina Carpenter among other artists. The proposal was submitted alongside a “value creation plan,” the fund, where Ackman is also the CEO, said

By Jeanne Sahadi, CNN (CNN) — The IRS has processed 99.8 million tax returns as of April 3 and paid out 69.8 million refunds. The average amount returned: $3,462. That’s up $346 (or 11.1%) from the same period last year, but still well below the average $1,000 boost that the Treasury Department projected. The average

By Samantha Delouya, CNN (CNN) — After several years of slow home sales, economists hoped 2026 would bring more activity as more homes hit the market and price growth cooled. But just as the spring homebuying season begins, new uncertainty is emerging due to the US-Israeli war with Iran. Mortgage rates climbed last week for

By Elisabeth Buchwald, CNN (CNN) — After weeks of war-driven pressure on fuel prices and supply chains, some businesses are starting to pass those higher costs along to consumers via new fees — or through other, less obvious changes. “Companies tend to look for ways to get more out of what they already have first,

By Matt Egan, David Goldman, CNN New York (CNN) — Six weeks ago, the world was practically swimming in crude oil. The market was oversupplied and prices were low and stable. But now, some parts of the energy market are acting like the world is on the verge of running dry. That’s because the war

By Liam Reilly, CNN (CNN) — CBS has filled its soon-to-be-vacant 11:35 p.m. time slot. The network said Monday that beginning May 22, the day after the finale of “The Late Show with Stephen Colbert,” the hour will be filled by “Comics Unleashed with Byron Allen.” Because “Comics Unleashed” is a half-hour program, CBS will

By Amarachi Orie, CNN (CNN) — Pepsi and brewery company Diageo have withdrawn their sponsorship of the UK’s 2026 Wireless Festival after it was announced that Kanye West would headline the three-day event. The rapper, who goes by the name Ye, has faced backlash in recent years after making repeated antisemitic and offensive remarks. Pepsi

By David Goldman, CNN (CNN) — Jamie Dimon is warning that the US-Israeli war with Iran could lead to another round of persistent inflation and higher interest rates that could sink the US economy into a recession and redefine the global economic order. “Then again, it may not,” Dimon hedged. In his annual letter to

CNN By Brian Stelter, Holly Yan CNN (CNN) — Savannah Guthrie showed viewers her grief and desperation when her mother, Nancy, vanished two months ago. Now she is showing viewers her resolve. Guthrie returned to the “Today” show on Monday morning — her first time co-hosting the flagship NBC morning show since Nancy’s disappearance. “It’s

By Chris Isidore, CNN (CNN) — For Connie Lear, driving even her hybrid car is a luxury she can rarely afford. Lear lives in the rural town of June Lake, California, a picturesque community of 300 people near Yosemite National Park and the Nevada state line. June Lake is part of Mono County, which has

By Bryan Mena, CNN Washington (CNN) — Muneeb Iqbal is set to graduate with a master’s degree in integrated design, business and technology from the University of Southern California next month, but he doesn’t have a job or internship lined up, despite the 4,000 applications he’s tallied over the past year. The 23-year-old told CNN

By Brian Stelter, Holly Yan CNN (CNN) — Savannah Guthrie showed viewers her grief and desperation when her mother, Nancy, vanished two months ago. Now she is showing viewers her resolve. Guthrie returned to the “Today” show on Monday morning — her first time co-hosting the flagship NBC morning show since Nancy’s disappearance. “It’s good

By Auzinea Bacon, CNN (CNN) — Oil prices pushed higher Sunday after President Donald Trump threatened to strike Iranian energy facilities if the Strait of Hormuz is not reopened. Brent crude, the global benchmark, rose 1.4% to $110.60. US crude rose 1.8% to $113.60. “Tuesday will be Power Plant Day, and Bridge Day, all wrapped

By Ramishah Maruf, CNN New York (CNN) — Buying clothes has always been challenging for Ann Lindsay. As a plus-sized 41-year-old, she finds many stores’ plus-size offerings too matronly or too expensive. Lately, it’s gotten worse: Last month, she noticed that her local Target in Chicago removed plus sizes entirely. There were significantly fewer options

By Stephanie Yang, CNN (CNN) — The dream of deploying humanoid robots in every home has created a new type of job. The only requirements are a head strap, a smartphone and a list of chores. With the evolution of artificial intelligence, humanoid robots have become the latest frontier in the race to dominate advanced

By Isaac Tellechea, CNN (CNN) — This year’s Easter baskets will come with a higher price tag and a little less chocolate, despite lower cocoa prices. Cocoa — the key ingredient in chocolate — has been steadily falling in price from its all-time high in 2024, when cocoa beans were trading for over $12,000 a

By Isaac Tellechea, Vanessa Yurkevich, CNN New York (CNN) — In the early hours of March 7, two thieves smashed through a vinyl-lined window at a store in Graham, Washington. Alarms blared as they filled up several large bins with stolen goods. In less than two minutes, they made off with nearly $10,000 worth of

By Stephanie Yang, CNN Taipei, Taiwan (CNN) — One month into the war in Iran, a growing shortage of crude oil is threatening to morph into something worse: a shortage of nearly everything. The conflict in the Middle East has crimped oil and natural gas flows through the Strait of Hormuz, reducing global supply by

By Hadas Gold, Brian Stelter, CNN (CNN) — OpenAI’s out-of-the-blue acquisition of TBPN, the buzzy online talk show, stunned the worlds of media and technology. But it’s a continuation of a pattern that dates back a hundred years, to 1926, when RCA created NBC in part to sell radios. Time and time again, pioneers of

By Chris Isidore, Alexandra Skores, CNN (CNN) — Gas prices are grabbing the headlines, but jet fuel prices have doubled in the last two months. So far, air fares are only up modestly. But that could change in the next couple of months. “We are seeing prices for summer increasing as a result of higher

KGTV By Chris Isidore, Alexandra Skores, CNN (CNN) — Gas prices are grabbing the headlines, but jet fuel prices have doubled in the last two months. So far, air fares are only up modestly. But that could change in the next couple of months. “We are seeing prices for summer increasing as a result of

By Hadas Gold, Sean Lyngaas, CNN (CNN) — The next wave of AI-powered cybersecurity attacks will be like nothing we’ve seen before. That’s the message AI company Anthropic sent in a leaked blog post last week, in which it warned that its upcoming AI model, called Mythos, and others like it can exploit vulnerabilities at

By Alicia Wallace, CNN (CNN) — The latest jobs report showed that the US economy likely added 178,000 jobs in March, nearly triple expectations. The unemployment rate dipped to 4.3%. Forecasts had it holding steady at 4.4% or even rising to 4.5%. Health care and social assistance was once again the workhorse sector, accounting for

By John Liu, Kristie Lu Stout, CNN Hong Kong (CNN) — If you thought paying $4 for gasoline was bad, spare a thought for this international financial hub which currently has the highest gas prices in the world. As average gas prices across the United States hit a record since 2022, residents of Hong Kong

By Samantha Delouya, CNN (CNN) — Average US mortgage rates climbed again for the fifth week in a row, making homebuying more expensive than it was just a few weeks ago, before the outbreak of war with Iran. The average 30-year fixed mortgage rate rose to 6.46% this week, jumping from 6.38% the previous week,

By John Towfighi, Lucy Bayly, CNN New York (CNN) — Stocks were volatile and oil prices soared Thursday as investors monitored developments in the Middle East and digested President Donald Trump’s pledge to intensify the war with Iran. The Dow fell 61 points, or 0.13%, paring losses after dropping by more than 650 points earlier.

By Alicia Wallace, CNN (CNN) — The March jobs report, due out Friday morning, could bring a much-needed reality check after two months of wild swings in the US labor market. But even if a level or baseline is achieved, and clarity is gained as to the health of the labor market, it’s a whole

By Jordan Valinsky, CNN New York (CNN) — Kraft Heinz is reinventing some of its well-known pantry staples that have fallen out of favor with consumer tastes. In the coming months, a new version of Kraft Mac & Cheese bolstered with nutrients is rolling out to a rival, fast-growing competitor; Capri Sun is cutting sugar

By Hanna Ziady, CNN London (CNN) — Oil prices climbed and stocks slipped Thursday, after inflammatory remarks by US President Donald Trump and Iranian officials sparked fears that the conflict could still escalate significantly. Brent crude, the global oil benchmark, rose 6.6% to $107.8 a barrel. WTI, the US benchmark, had surged to $113 a

CNN By Hanna Ziady, CNN London (CNN) — Oil prices climbed and stocks slipped Thursday, after inflammatory remarks by US President Donald Trump and Iranian officials sparked fears that the conflict could still escalate significantly. Brent crude, the global oil benchmark, rose 6.6% to $107.8 a barrel. WTI, the US benchmark, had surged to $113