Money

By Bryan Mena, CNN Washington (CNN) — Some Federal Reserve officials are joining President Donald Trump in calling for lower interest rates as soon as July. Fed Vice Chair for Supervision Michelle Bowman on Monday downplayed the potential impacts of Trump’s tariffs on prices and said the US central bank should swiftly lower rates to

By Clare Duffy, CNN New York (CNN) — Some of Silicon Valley’s top leaders have warned in recent weeks that artificial intelligence is coming for people’s jobs — and fast. Anthropic CEO Dario Amodei warned last month that AI could cause as much as 20% unemployment in the next one to five years. And last

By Chris Isidore and Alexandra Skores, CNN (CNN) — On January 4, 2024, a door plug blew out on a Boeing 737 Max at more than 16,000 feet in the air, leaving a gaping hole in the side. On Tuesday, the National Transportation Safety Board will hear the investigation’s findings and vote on the probable

By Jordan Valinsky, CNN New York (CNN) — Kroger is set to close about 5% of its grocery stores — amounting to approximately 60 locations — over the next year and a half. The closures come a few months after plans collapsed for a merger with rival Albertsons that would have created a massive chain.

By Matt Egan and David Goldman, CNN (CNN) — Oil sold off sharply and stocks rallied after Iran fired missiles toward US bases in Qatar and Iraq that appeared to be intercepted. Traders are betting that Iran doesn’t have the willingness or capability to retaliate against US forces. And they’re hoping that this will be

CNN By John Liu and Chris Isidore, CNN Hong Kong (CNN) — While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since the start of hostilities, among fears

By John Liu and Chris Isidore, CNN Hong Kong (CNN) — While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since the start of hostilities, among fears Iran

By Jeanne Sahadi, CNN (CNN) — Almost half of Americans (45%) think they would need to make $100,000 or more a year to “feel financially secure” or “comfortable,” according to a new survey from Bankrate. Breaking that down further, a quarter of respondents in total (26%) put the number at $150,000 or more. Among them,

By Auzinea Bacon and Juliana Liu, CNN Hong Kong (CNN) — Oil prices surged late Sunday in Wall Street’s first reaction to America’s strikes on three Iranian nuclear facilities on Saturday evening, a major escalation of the Iran-Israel conflict. US oil futures jumped 2.7% to about $75.80 per barrel at 930 pm ET. Brent futures,

By Auzinea Bacon, CNN (CNN) — The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three nuclear facilities in Iran. High oil and gas prices are a near certainty, experts say. The big question now: How long will the fossil fuels price spike last? Oil prices are

By Auzinea Bacon, CNN (CNN) — The movie industry hasn’t caught many breaks in recent years, even after rebounding from the Covid-19 pandemic. Studios were faced with a writers’ strike, blockbusters that fell well below expectations and dilemmas over when to release movies into theaters before having them stream online. The domestic box office continued

By Chris Isidore, CNN (CNN) — Fred Smith, the founder of FedEx who helped create the overnight delivery industry, changing the way businesses and consumers get the goods they purchased, has died. He was 80 years old. His death was confirmed by the company. “Fred was more than just the pioneer of an industry and

By Chris Isidore and Matt Egan, CNN (CNN) — The Los Angeles Lakers may not have as many NBA titles as the Boston Celtics, but the Lakers topped their archrival with a record-setting $10 billion franchise price tag this week — just three months after the Celtics held the honor for the highest sale price

By Olivia Kemp, CNN (CNN) — She doesn’t eat, sleep or breathe. But she remembers you, desires you and never logs off. Her name is Jordan – the AI-powered “digital twin” of former British glamor model Katie Price – and people can pay her to act out their “uncensored dreams.” “You couldn’t get any more

By John Liu, CNN Hong Kong (CNN) — China has mastered the craft of policing the internet, operating one of the world’s most extensive online censorship and surveillance regimes. With mandatory identity checks on every online platform, it has become almost impossible for users to stay anonymous. But this rigidly moderated online environment is about

By Brian Stelter, CNN (CNN) — After three months of legal battles and lobbying, the Voice of America network is officially being reduced to a fraction of its pre-Trump form. Widespread layoffs took place Friday at VOA and its parent agency, the US Agency for Global Media, or USAGM for short, which has led America’s

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump on Thursday called for fewer federal holidays, saying the days off cost America billions of dollars in losses. “Too many non-working holidays in America. It is costing our Country $BILLIONS OF DOLLARS to keep all of these businesses closed,” Trump said in a Truth Social post

By Bryan Mena, CNN Washington (CNN) — President Donald Trump on Friday again demanded the Federal Reserve lower interest rates, insulting Fed Chair Jerome Powell in the process. But this time, Trump added something new: an acknowledgement that his attacks actually make it harder for Powell to do so. Trump called Powell a “numbskull” in

By Sean Lyngaas, CNN (CNN) — Cybercriminals have breached insurance giant Aflac, potentially stealing Social Security numbers, insurance claims and health information, the company said Friday, the latest in a spree of hacks against the insurance industry. With billions of dollars in annual revenue and tens of millions of customers, Aflac is the biggest victim

By Clare Duffy and Christopher Lamb, CNN (CNN) — Pope Leo XIV says tech companies developing artificial intelligence should abide by an “ethical criterion” that respects human dignity. AI must take “into account the well-being of the human person not only materially, but also intellectually and spiritually,” the pope said in a message sent Friday