Money

By John Towfighi, CNN New York (CNN) — An early rally faded on Friday and the Dow just missed out on closing at its first record high of the year. US stocks were mixed on Friday. The Dow closed higher by 35 points, or 0.08%. Meanwhile, the S&P 500 fell 0.29% and the tech-heavy Nasdaq

By Matt Egan, CNN Las Vegas (CNN) — The president of Cisco rejects the doomsday warnings from some tech leaders that artificial intelligence will make entry-level jobs vanish. “I just refuse to believe that humans are going to be obsolete. It just seems like it’s an absurd concept,” Jeetu Patel, who’s also the chief product

By Jeanne Sahadi, Tami Luhby, CNN (CNN) — President Donald Trump signed a proclamation Thursday honoring the 90th anniversary of the Social Security Act of 1935. Before doing so, he touted what he sees as the keeping of his promise to preserve and protect the program and to lower taxes for seniors who receive Social

By Clare Duffy, Phil Mattingly, CNN (CNN) — The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once one of America’s most important tech giants but which has since fallen on hard times. Following a meeting between President Donald Trump and Intel CEO Lip-Bu Tan

By Samantha Delouya, CNN (CNN) — Would-be home buyers and homeowners looking to refinance their mortgages got a rare break this week after months of stubbornly high borrowing costs. The 30-year fixed mortgage rate averaged 6.58% for the week ending August 14, the lowest level since October, according to data released Thursday from Freddie Mac.

By Clare Duffy, CNN New York (CNN) — Conservative influencer and anti-DEI agitator Robby Starbuck has a new role: advising tech giant Meta on how to prevent “bias” in its artificial intelligence systems. The partnership is part of a settlement agreement Meta announced on Friday, after Starbuck sued the company in April accusing it of

By Matthew Rehbein, Alexandra Skores, Paula Newton, CNN (CNN) — Canada’s biggest airline is poised to start canceling several dozen flights Thursday ahead of a weekend lockout of flight attendants that threatens to throw travel plans for tens of thousands into chaos during the peak summer season. Air Canada said it will gradually suspend operations

By Lisa Eadicicco, CNN (CNN) — Apple will bring blood oxygen detection back to its latest smartwatches after the company was forced to stop offering the feature on US models over a patent dispute. The feature, which is meant to help people understand their respiratory health, will come to Apple Watch Series 9, Series 10

By Alicia Wallace, CNN (CNN) — Costs were sharply on the rise for producers and manufacturers in July, a sign that higher prices could soon filter down to American consumers. US inflation on the wholesale level picked up steam last month, with prices rising by the fastest monthly pace since June 2022, new data showed

By Nathaniel Meyersohn, CNN New York (CNN) — Rachelle Ellison spent 17 years sleeping on the streets of Washington, DC, cycling in and out of jails and hospitals. She finally moved into an apartment in 2008, thanks to a rental voucher with mental health treatment and support services attached through a non-profit organization. “Once I

CNN By Matt Egan, CNN Las Vegas (CNN) — Geoffrey Hinton, known as the “godfather of AI,” fears the technology he helped build could wipe out humanity — and “tech bros” are taking the wrong approach to stop it. Hinton, a Nobel Prize-winning computer scientist and a former Google executive, has warned in the past

By Hadas Gold, CNN (CNN) — Alex Jones’ far-right platform Infowars can be sold once again to help pay the more than $1 billion he owes the families of Sandy Hook shooting victims, a Texas district court judge has ordered. Judge Maya Guerra Gamble said in a Wednesday hearing that Infowars’ parent company, Free Speech

By Brian Stelter, CNN (CNN) — The biting satire of “South Park” continues to gain momentum this summer, according to newly released ratings from Paramount. On cable, where the Comedy Central series originated 28 years ago, last Wednesday’s “South Park” was “its highest rated episode since 2018 and biggest share in series history,” the channel

By Elisabeth Buchwald, CNN (CNN) — Even if it’s sweltering hot outside, winter holiday gifts may be on your mind as you shop online and in stores. Perhaps you’ve already started making gift purchases, whereas in past years you would’ve waited until November to do so. Whatever the reason — be it tariffs, anxiety about

By Clare Duffy, CNN New York (CNN) — YouTube will begin guessing users’ ages using artificial intelligence on Wednesday, as part of an effort to prevent kids from accessing inappropriate content online. It’s part of a broader push to make social media safer for young people, but some users are already worried about what it

By Alexandra Skores, Paula Newton, CNN Ottawa (CNN) — Air Canada is preparing to lock out its flight attendants who voted to go on strike this weekend. Travel disruptions could start Thursday and could continue until a deal is reached. The airline said it would suspend operations on Saturday and could remain shut down till

By Samantha Delouya, CNN (CNN) — New York Attorney General Letitia James on Wednesday sued Early Warning Services (EWS), which operates Zelle, alleging the electronic money-transfer service fails to protect its users from “massive amounts of fraud.” The lawsuit alleges that EWS knew that key features of Zelle’s service made it susceptible to fraud, but

By Reuters (CNN) — World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said Wednesday. Supply will rise by 2.5 million barrels per day in 2025, up from 2.1 million bpd previously forecast, said

By Jordan Valinsky, CNN New York (CNN) — Amazon is rolling out same-day delivery of fresh food to more than 1,000 cities, a sign that it’s finally finding success with its grocery business after years of shifting strategies. In a move that Amazon describes in a press release as one of its “most significant grocery

By Lianne Kolirin, CNN (CNN) — Fake Labubu dolls that could pose a choking hazard for young children have flooded the UK market, a consumer standards body has warned. Legitimate Labubu toys, created by Hong Kong artist Kasing Lung and sold by Chinese toymaker Pop Mart, have become a viral and profitable sensation around the