Money

By Bryan Mena, CNN Washington (CNN) — Just as President Donald Trump looks set to install a Federal Reserve chair aligned with his desire for lower interest rates, the president’s war on Iran likely makes those rate cuts harder to deliver. Fed policymakers were already expected to keep their benchmark lending rate unchanged until at

By Jeanne Sahadi, CNN (CNN) — Anyone watching the stock market’s response to world events this week may be feeling a little uncertain about their investments. But if last year taught investors anything, it’s that volatility and dramatic drops in stocks from one day to the next are not reliable indicators of annual portfolio performance.

By Samantha Delouya, CNN (CNN) — Rising oil prices tied to the conflict in the Middle East could add another strain for US small businesses already struggling under the weight of stubborn inflation and President Donald Trump’s hefty tariffs. Rising costs for goods, services and wages were the most common financial challenge reported last year,

By Hadas Gold, CNN (CNN) — The AI company Anthropic was likely not in the public lexicon just a month ago. But it is now. The AI company has long been known within tech circles for its popular Claude AI assistant and coding tools. But a whirlwind sequence of events in February thrust the company

By John Towfighi, CNN New York (CNN) — Global stocks closed lower Tuesday after a volatile day that saw the Dow briefly tumble by more than 1,200 points as concerns linger among investors that the widening conflict in the Middle East could escalate further. The Dow closed lower by 404 points, or 0.83%, paring earlier

By Nathaniel Meyersohn, CNN Minneapolis (CNN) — The new Target CEO believes adding new, buzzy brands can win back shoppers after a brutal few years. CEO Michael Fiddelke said Tuesday that Target will improve its products and redesign stores to draw shoppers and “get Target back to growth.” The company is trying to bring back

By John Towfighi, CNN New York (CNN) — The US war with Iran rippled through markets Monday: Oil spiked. Investors piled into gold and the US dollar. But stocks…shrugged? Barely a week earlier, a fictional “macro memo from 2028” hypothesizing on how AI could disrupt the economy sent the Dow down 800 points. Behold the

By Harmeet Kaur, CNN (CNN) — Two months ago, Kaeden Rowland was just a print specialist at a Staples in upstate New York: bored at work, looking for subjects for her TikTok account and wondering how to inform the masses about the office supply chain’s services and products. So on January 13, while on the

By Liam Reilly, CNN (CNN) — It’s not TV. It’s HBO — and also Paramount+. During Paramount’s first investor call since emerging victorious in the bidding war for Warner Bros. Discovery, CEO David Ellison shared that following the merger, Paramount+ and HBO Max will join to form a single streaming platform. “We will combine the

By Lisa Eadicicco, CNN (CNN) — Apple announced Monday a lower-priced version of the iPhone 17, expanding its smartphone lineup as it relies on its blockbuster product to stave off concerns the company is falling behind in artificial intelligence. The iPhone 17e, which starts at $599, is a pared-back version of the pricier iPhone 17.

By Brian Stelter, CNN (CNN) — President Donald Trump is coming under increasing pressure to explain his military campaign in Iran to the American people. So far, the president has not delivered a prime-time address or held a press conference. He ignored shouted questions from reporters as he flew from Florida to Washington on Sunday.

By Chris Isidore, Matt Egan, CNN (CNN) — The attacks on Iran are already sending gasoline prices higher, and even steeper increases are probably coming soon. The average US price for a gallon of regular gas stands at just under $3 Monday, according to AAA’s survey, which was taken at the nation’s gas stations on

By Matt Egan, CNN New York (CNN) — Ashley loves her day job teaching math, reading and science to fifth graders in Washington state. But like many other teachers, Ashley relies on a side hustle or two to get by. When she’s not in the classroom, Ashley works as a spray tanner at night during

By Lisa Eadicicco, CNN (CNN) — The next wave of tech devices may not have a screen. You might not realize that they’re recording you. And you might not even realize they’re tech gadgets at all. Qualcomm, whose chips power smartphones from major Android device makers, launched a new chip Monday for new products along

By Brian Stelter, Kit Maher, CNN (CNN) — No senior Trump administration officials or cabinet members appeared on the Sunday show television circuit a day after the US and Israel began a major military operation in Iran, killing Iran’s Supreme Leader Ayatollah Ali Khamenei. The absence of any Trump officials was noteworthy because many administration

By Auzinea Bacon, CNN (CNN) — Berkshire Hathaway (BRK.B), which wrapped up its final year under Warren Buffett’s leadership, reported Saturday that operating earnings for the fourth quarter totaled $10.2 billion, down 29.8% from last year, on weakness from its insurance business. Last year’s operating earnings totaled about $44.5 billion, down 6% from the previous

By Auzinea Bacon, CNN (CNN) — We’ve been talking about AI changing the world for a long time. But this week felt different — as if it were right in the middle of something big. The stock market tumbled — three separate days — because of investors’ both bearish and bullish fears about AI, including

By Hadas Gold, CNN (CNN) — OpenAI CEO Sam Altman announced late Friday that the company had signed a deal with the Pentagon for its AI tools to be used in the military’s classified systems, but with seemingly similar guardrails rival Anthropic had also requested. The deal with OpenAI comes the same day President Donald