Money

By Samantha Delouya, CNN (CNN) — Jim Simons, the billionaire investor, mathematician and philanthropist, died on Friday in New York City, according to his foundation, the Simons Foundation. Simons was 86 years old. Simons, the founder of the hedge fund Renaissance Technologies, helped to pioneer quantitative investing, a market strategy that relies on mathematical and

By Anna Cooban, CNN London (CNN) — As many as 800 activists gathered outside Tesla’s factory near Berlin Friday to protest its expansion plans, and some of them clashed with police as they attempted to break into the plant. “There are currently 800 activists on the Tesla Gigafactory site as part of the Disrupt Tesla

By Brian Fung, CNN Washington (CNN) — Buckle up: An unusual amount of solar activity this week could disrupt some of the most important technologies society relies on. On Thursday, the US government issued its first severe geomagnetic storm watch in nearly 20 years, advising the public of “at least five earth-directed coronal mass ejections”

By Elisabeth Buchwald, CNN New York (CNN) — Consumer sentiment plunged to the lowest level in six months as price increases reaccelerated, according to the latest University of Michigan survey of consumers, released Friday. Additionally, consumers are bracing for even higher price increases in the year ahead compared to readings from prior months, the survey

By Jeanne Sahadi, CNN New York (CNN) — The good news is your child got into college and is preparing to enroll this fall. The bad news is that you’ve just learned the aid package your child’s school is offering is much smaller than you’d hoped. That means your share of the total cost of

By Peter Valdes-Dapena, CNN (CNN) — Two Hyundai models and one Kia were the three most-stolen vehicles last year, according to a report from the National Insurance Crime Bureau. Hyundai Elantra compact cars were stolen more than 48,000 times last year while Hyundai Sonata sedans were stolen almost 43,000 times, according to the report. Kia

By Jordan Valinsky, CNN New York (CNN) — Target is limiting the number of stores that will sell LGBTQ-themed merchandise for Pride Month in June following a boycott from right-wing activists last year that took a toll on the brand’s bottom line. This year, Target said it will sell only Pride-themed “adult apparel” and home

By Ramishah Maruf, CNN New York (CNN) — Apple faces plenty of challenges this year including regulatory scrutiny in Washington, sluggish sales in China and a competitive landscape in AI. Now, its leaders also have to contend with labor unrest. Apple store workers in Towson, Maryland, made history in June 2022 when they voted to

By Allison Morrow, CNN New York (CNN) — A couple of weeks ago, I rewatched Jurassic Park for probably the 10th time since the movie came out 30 years ago. (As an aside, it really holds up — 10/10, no notes.) Early in the plot, when the guests are discussing their impressions of the park,

By Hanna Ziady and Anna Cooban, CNN London (CNN) — The United Kingdom has come out of a short and shallow recession, giving Prime Minister Rishi Sunak a sorely needed boost ahead of an election expected later this year. Gross domestic product grew 0.6% in the first three months of the year compared with the

By Sean Lyngaas, CNN (CNN) — A major US health care system said Thursday that it is diverting ambulances from “several” of its hospitals following a cyberattack this week. The cyberattack on Ascension, a St. Louis-based nonprofit network that includes 140 hospitals in 19 states, is also disrupting access to electronic health records, some phone systems

By Jessie Yeung, Priti Gupta and Esha Mitra, CNN Photographs by Noemi Cassanelli, CNN Mumbai, India (CNN) — As Indians head to the polls in a massive ongoing nationwide election, much attention has focused on the country’s explosive growth under Prime Minister Narendra Modi’s leadership. During his past decade in office, India’s fast-growing economy has

By Samantha Delouya, CNN (CNN) — Apple has apologized and admitted it “missed the mark” with its latest iPad Pro advertisement. The ad, posted on social media Tuesday by Apple CEO Tim Cook, was met with backlash from internet users who felt that the ad celebrated technology’s destruction of human creativity and art. In a

By Nicole Goodkind, CNN New York (CNN) — Oprah Winfrey said on Thursday evening that she has long played a role in promoting unhealthy and unrealistic diets. “I want to acknowledge that I have been a steadfast participant in this diet culture,” she said during a live event broadcast on YouTube in partnership with WeightWatchers.

By Jeanne Sahadi, CNN New York (CNN) — If you use a points-and-rewards credit card offered by an airline in partnership with a big bank, how much are the points you’ve accrued worth in dollars? And how much do you need to spend to get the best rewards? If you’re not sure, you’re probably not

By Matt Egan, CNN (CNN) — An investor in the shell company that merged with Trump Media was found guilty on Thursday of insider trading linked to that blockbuster deal, according to federal prosecutors. Bruce Garelick, who served as a director at the shell company, was accused of using secret knowledge of the looming deal with Trump

By Nathaniel Meyersohn, CNN New York (CNN) — The Planet Fitness $10-a-month membership plan is a powerful marketing tool and a central part of its strategy. But the largest gym chain in the United States is hiking that monthly fee for the first time in more than two decades. Planet Fitness will raise the price

By Clare Duffy, CNN New York (CNN) — An investigation by the New Mexico Attorney General into the potential dangers of Meta’s platforms has resulted in the arrests of three men charged with attempted sexual abuse of children. The arrests came after a months-long investigation by the attorney general’s office into the risks of sexual