Money

By Chris Isidore, CNN (CNN) — Tesla has unveiled the long-promised cheaper versions of its two main cars, dubbed the Model 3 Standard and Model Y Standard, after the expiration of the $7,500 tax credit for American buyers of most of its cars. Tesla said the new Model 3 Standard will cost $38,630, including destination

By Reuters (CNN) — Gold prices hit $4,000 per ounce Tuesday for the very first time, driven by strong investment demand amid broader geopolitical and economic uncertainty, along with expectations of further interest rate cuts from the Federal Reserve. Gold has climbed 51% so far this year on sizable central bank buying, increased demand for

By Lisa Eadicicco, Clare Duffy, CNN New York (CNN) — OpenAI was an artificial intelligence research lab little known outside of Silicon Valley before ChatGPT debuted in November 2022. Three years later, OpenAI has become synonymous with the AI boom, making it the envy of its tech peers and thrusting CEO Sam Altman into President

By Samantha Delouya, Vanessa Yurkevich, CNN (CNN) — Yasmin Asberry thought selling her home in a Dallas suburb would be simple. Instead, after months of little interest, she dropped the price twice and was on the verge of pulling the listing when she finally got an offer she liked. “When we first listed it, we

By Elisabeth Buchwald, CNN (CNN) — The status quo is not going to cut it for Canadian Prime Minister Mark Carney at his Tuesday meeting with President Donald Trump in Washington. With an unemployment rate of 7.1%, the highest level in nine years and half a percentage point higher since the start of this year,

By Matt Egan, CNN New York (CNN) — Audrey Murray is losing sleep over the government shutdown that could soon derail her paychecks. Murray, 65, has worked as a cleaner at the Smithsonian Museum of American History for nearly three decades. Now she is among the hundreds of thousands of federal government contractors whose livelihoods

By Hadas Gold, CNN (CNN) — “You are the media now.” Elon Musk’s repeated refrain on his popular social media platform X has been his way of urging his followers to ignore traditional journalism in favor of what he calls “citizen journalism.” “I think the media is a driver of misinformation much more than the

By Chris Isidore, CNN (CNN) — Just a couple of years ago, America’s auto industry had visions of an all-electric future. It has since abandoned that talk after the Trump administration eliminated the federal government’s incentives for the technology. The near future isn’t looking too pretty. The end of the $7,500 federal tax credit for

By Brian Stelter, CNN (CNN) — Journalist and entrepreneur Bari Weiss is taking charge at CBS News and her startup, The Free Press, is being acquired by CBS parent company Paramount. Starting today, Weiss is the editor-in-chief of CBS News, a new position that has stirred anxieties within the storied news division. Weiss said in

By David Goldman, CNN (CNN) — In a significant challenge to Nvidia’s dominance, OpenAI announced Monday it would buy 6 gigawatts of computing power from data centers that will run exclusively on AMD chips. Nvidia (NVDA) has become the go-to AI chipmaker in recent years, propelling it to a $4.6 trillion market capitalization that has

By Elisabeth Buchwald, CNN (CNN) — Hundreds of thousands of federal government employees are being furloughed or working without pay during the ongoing government shutdown. Core functions, including many food and drug inspections, are suspended because Republicans and Democrats remain deadlocked on funding the government. Meanwhile, the government continues to rake in record levels of

CNN By Auzinea Bacon, CNN (CNN) — In an unprecedented win for a theatrical release announced just two weeks ago, the album debut event from American pop superstar Taylor Swift topped the domestic box office with about $33 million domestically. “Taylor Swift: The Official Release Party of a Showgirl,” released in theaters for a three-day

By Brian Stelter, CNN (CNN) — Portraying Univision as a crucial political tool for Republicans, President Donald Trump is publicly pressing Google to restore access to Univision on the YouTube TV streaming platform. YouTube TV dropped Univision’s channels almost a week ago when the two companies could not reach an agreement about a new carriage

By Auzinea Bacon, CNN (CNN) — In an unprecedented win for a theatrical release announced just two weeks ago, the album debut event from American pop superstar Taylor Swift topped the domestic box office with about $33 million domestically. “Taylor Swift: The Official Release Party of a Showgirl,” released in theaters for a three-day run

By Alayna Treene, Bryan Mena, CNN Washington (CNN) — American farmers are having a tough year, in no small part because of President Donald Trump’s trade war. Now, the White House is gearing up to extend them a multi-billion-dollar bailout, sources tell CNN. Surging costs and foreign retaliation from tariffs have hurt the US agriculture

By Jeanne Sahadi, CNN (CNN) — No matter how much they may love their families, gambling addicts can pose direct financial harm to them. That harm might range from never repaying loans to stealing their spouse’s and children’s identities to access more credit. It could involve emptying joint bank accounts and college funds, or tapping

By Auzinea Bacon, CNN (CNN) — After another bittersweet end to the summer box office season, American multiplexes are going to “shake it off.” The AMC-distributed “Taylor Swift: The Official Release Party of a Showgirl” opened Friday as part of a three-day run in 3,700 theaters to coincide with Swift’s 12th studio album, “The Life

By Auzinea Bacon, CNN (CNN) — Rite Aid, once one of America’s biggest pharmacy chains, shuttered its remaining 89 stores this week after filing for bankruptcy in May for the second time in less than two years. “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support,”

By Jordan Valinsky, CNN New York (CNN) — Olive Garden, which has traditionally seen success from its annual unlimited pasta promotion, recently noticed the opposite trend: Some customers actually wanted less food. Last quarter, the restaurant chain tested a new menu section at a little less than half of its locations: smaller portions, along with

By Kit Maher, CNN (CNN) — A portrait of President Donald Trump may be featured on a commemorative $1 coin issued by the United States Mint in honor of America’s 250th birthday in 2026, according to first drafts of the images confirmed by the US Treasury. “No fake news here,” US Treasurer Brandon Beach post