Money

By Julia Horowitz, CNN Business There’s no denying that the US economy is at a strange juncture that’s left even top experts scratching their heads. “If you’re not a little confused about the economy, you’re not paying attention,” former White House economic adviser Jason Furman, who now teaches at Harvard, recently tweeted. Consumers are extremely

By Anna Cooban, CNN Business Elon Musk has denied having an affair with Nicole Shanahan, the wife of Google’s co-founder, Sergey Brin. Over the weekend, the Wall Street Journal reported that Musk — a longtime friend of Brin’s — had a brief relationship with Shanahan in December 2021 while she and Brin were separated but

By Vanessa Yurkevich, CNN Business Extreme drought and inflationary pressures are forcing US farmers in Western states to sell off their cattle herds in greater numbers, at levels not seen in over a decade. Nearly 80% of the western region of the US is experiencing extreme drought conditions — and has been for nearly a

By Ramishah Maruf, CNN Google has fired the engineer who claimed an unreleased AI system had become sentient, the company confirmed, saying he violated employment and data security policies. Blake Lemoine, a software engineer for Google, claimed that a conversation technology called LaMDA had reached a level of consciousness after exchanging thousands of messages with

By Frank Pallotta, CNN Business “Nope,” Jordan Peele’s third movie, opened to an estimated $44 million this weekend in North America, according to Universal Pictures. The science-fiction film, which stars Daniel Kaluuya as a Hollywood horse wrangler dealing with some extra-terrestrial problems, was expected to make around $50 million this weekend, according to initial projections.

By Alexandra Peers, CNN Business “The Mississippi Delta is shining like a National guitar… And for reasons I cannot explain there’s some part of me wants to see Graceland.” Paul Simon released that anthem about the historic Memphis home of Elvis Presley in 1986, about a decade after the death of the famed singer. Much

By Nicole Goodkind, CNN Business Since its founding in 1913, the US Federal Reserve has fought to achieve three goals: maximum employment, stable prices and moderate long-term interest rates. But that’s about all that’s remained consistent in the central bank’s 109-year legacy of monetary policy. Economists at the Fed work hard to maintain the institution’s

By Emma Tucker Disney’s “Fairy Godmothers in Training” who dress up children as princesses and knights in boutiques at its US theme parks are now called “Fairy Godmother’s Apprentices” as part of its efforts to be more inclusive, a Disney spokesperson told CNN on Saturday. The new title applies to cast members working at its

By Frank Pallotta, CNN Business Vince McMahon, the former WWE chief executive, is retiring from the company, he said in a statement on Friday. The news follows an investigation into McMahon paying millions of dollars in hush money to cover up alleged infidelity and misconduct with multiple women. “As I approach 77 years old, I

By Stefano Pozzebon, CNN South American countries are bracing for an autumn of discontent, as spiking global fuel prices threaten to provoke more protests in the upcoming months. Rising fuel prices have already brought about protests in Argentina, Ecuador and Panama. Their neighbors could be particularly susceptible to rising prices at the pump, because the

By Frank Pallotta, CNN Business Jordan Peele is hoping to go three-for-three at the box office. The director’s third movie, “Nope,” opens this weekend, and despite a plot shrouded in mystery it’s one of the most anticipated films of the year. The Universal Pictures film, which stars Daniel Kaluuya as a Hollywood horse wrangler dealing