Money

By Auzinea Bacon, CNN (CNN) — Warner Bros. Pictures’ “Superman” flew past the competition for the second straight week, grossing an estimated $57.25 million to top the box office this weekend. James Gunn’s reboot grossed $122 million in its opening weekend, according to data provided by Comscore. It has now grossed $235 million domestically and

By Jeanne Sahadi, CNN (CNN) — The US federal estate tax has come a long way since 2000, when the exemption level was set at $675,000. The amount has increased greatly over the past quarter century. Americans who die in 2025 may leave behind tax free to their heirs up to $13.99 million. That exemption

By Rosa de Acosta, CNN (CNN) — America’s love for coffee has made the dark brewed beverage the most popular drink in the country. US adults drink 516 million cups of coffee every day, even though coffee prices have almost doubled in the past five years. The United States is the largest importer of coffee

CNN By Alli Rosenbloom, CNN (CNN) — Coldplay frontman Chris Martin made sure to give concertgoers plenty of notice that they may appear on their video screens during the “Jumbotron Song” at their show Saturday night. “We’d like to say hello to some of you in the crowd,” Martin said on stage at Camp Randall

By Auzinea Bacon, CNN (CNN) — Andy Byron, the chief executive of New York-based tech company Astronomer, has resigned from his role after he was spotted embracing an employee at a Coldplay concert, according to a statement shared with CNN on Saturday. Astronomer’s board of directors accepted Byron’s resignation and will begin searching for its

By Tami Luhby, CNN New York (CNN) — As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest rates. “You have cost the USA a fortune and continue to do so,” Trump

By Brian Stelter, CNN (CNN) — President Trump’s lawsuit against journalist Bob Woodward and his publishing house Simon & Schuster was dismissed by a federal judge on Friday, the same day that Trump filed a new and unrelated suit against the Wall Street Journal. US District Judge Paul Gardephe of the Southern District of New

By Auzinea Bacon, CNN (CNN) — Raging wildfires and severe storms contributed to record-high global insurance losses — totaling an estimated $84 billion — for the first six months of the year, according to a report from reinsurance broker Gallagher Re. It has been the costliest first six months of a year since 2011, when

By Chris Isidore, CNN (CNN) — The Trump administration is imposing a substantial tariff on a raw material that is critical for electric vehicle batteries, which could significantly raise the cost of building EVs in the United States. The Commerce Department announced a 93.5% tariff on Chinese graphite Thursday, accusing the country of “dumping” the

By Brian Stelter, CNN (CNN) — From the outside, the idea made no sense at all. Why would a broadcast network cancel one of its best-known shows that ranks number one in its time slot? But on the inside, at CBS, there were several plausible answers to that question. While “The Late Show” host Stephen

By Amarachi Orie, CNN (CNN) — Tech giant Meta has apologized and said it has fixed an auto-translation issue that led one of its social media platforms to mistakenly announce the death of Indian politician Siddaramaiah. The chief minister of the southwestern Indian state of Karnataka posted on Instagram Tuesday in the local Kannada language,

By John Towfighi and Bryan Mena, CNN New York/Washington (CNN) — If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets. For now, the likelihood of the president actually moving to oust the head of the central

By Brian Stelter and Liam Reilly, CNN (CNN) — President Trump is vowing to sue the Wall Street Journal and owner Rupert Murdoch over the outlet’s bombshell story detailing a 2003 birthday letter to Jeffrey Epstein bearing Trump’s name and a drawing of a naked woman. “I told Rupert Murdoch it was a Scam, that

By Bryan Mena, CNN Washington (CNN) — A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers pushing to keep rates steady. Fed Governor Christopher Waller, at a New York event, said

CNN By Brian Stelter, CNN (CNN) — From the outside, the idea made no sense at all. Why would a broadcast network cancel one of its best-known shows that ranks number one in its time slot? But on the inside, at CBS, there were several plausible answers to that question. While “The Late Show” host

By Brian Stelter and Dan Heching, CNN (CNN) — In a shocking move, CBS is ending “The Late Show with Stephen Colbert” next year, and apparently exiting the late-night television business altogether. The network, citing financial pressures, said the cancellation will take effect in May 2026, the normal end of the broadcast TV season. The

By Ramishah Maruf, CNN New York (CNN) — Water beads have long been criticized for being dangerous, even fatal, for kids. Now two members of a government watchdog are tearing into a decision by the acting chair of the body to delay a final ruling on the toys. For years, the Consumer Product Safety Commission,

By Bryan Mena, Lucy Bayly and Samantha Delouya, CNN (CNN) — Federal Reserve Chair Jerome Powell responded by letter Thursday to a senior Trump administration official who accused the head of the central bank of mismanaging an “ostentatious overhaul” of its Washington, DC, headquarters. Russell Vought, director of the Office of Management and Budget, suggested

By Lisa Eadicicco, CNN (CNN) — OpenAI on Thursday announced a new feature for ChatGPT that allows the popular chatbot to execute actions on a user’s behalf. It’s part of an industry-wide push to change the way people get things done on the Internet: Tech giants hope that instead of bouncing between apps and manually

By Andrew Kaczynski and Brian Stelter, CNN (CNN) — A top oversight Democrat sent a letter on Thursday to Fox Corp chairman Lachlan Murdoch and Fox News Media CEO Suzanne Scott demanding answers about Fox’s editing of a Donald Trump interview from June 2024 concerning Jeffrey Epstein — an edit they say both misled the