Money

By Hanna Ziady, CNN London (CNN) — More central banks plan to cut their dollar holdings than increase them over the next decade for the first time, according to a global survey, reflecting a rise in political risk associated with the US currency. The findings come amid a Middle East war partly started by the

By Alicia Wallace, CNN (CNN) — Good news for job seekers: The number of available positions in the United States increased for the second month in a row. New data Tuesday showed that the estimated number of job openings ticked higher in May to nearly 7.6 million, from 7.59 million, setting a fresh two-year high

By Ivana Kottasová, Brian Stelter, CNN London (CNN) — The British government said on Tuesday that it is likely to challenge Paramount Skydance’s takeover of Warner Bros. Discovery, potentially complicating the finalization of the $110 billion merger. The British culture minister Lisa Nandy said in a statement that she was “minded to intervene” in Paramount’s

By John Towfighi, CNN New York (CNN) — SpaceX was expected to be one of the hottest stocks on Wall Street this year – and it has quickly delivered on that promise, shattering trading volume records while companies race to launch new products tied to the stock. Both the size of the IPO and the

By John Liu, Fred He, CNN Hong Kong/Hangzhou/Beijing (CNN) — When humanoid robots dominated the stage of last year’s Spring Festival Gala with sleek dance routines, Ai Lin saw more than a spectacle. He saw a business. Soon after, the e-commerce livestreamer in Hangzhou shelled out $30,000 for his first android and turned it into

By Clare Duffy, CNN New York (CNN) — Social media giants have for years touted their growing slate of safety tools and protections as proof that they prioritize young users’ wellbeing. But more than half of those protections don’t work as advertised, new research finds. Researchers at the Cybersafety Research Center tested 86 youth safety

By Brian Stelter, CNN (CNN) — Comcast is positioning itself for the next round of media industry merger and acquisition activity. That’s what industry analysts are saying about the company’s Monday morning announcement about spinning off NBCUniversal. Comcast says it is going to spend the next year separating NBCUniversal and a European media arm, Sky,

By Brian Stelter, CNN (CNN) — As the knockout rounds of the World Cup begin, Fox and Telemundo can be crowned as two of the biggest winners off the field. Fox Sports is the tournament’s English-language television broadcaster in the US, and Telemundo is the Spanish-language broadcaster. Both networks broke viewership records during the World

By Hadas Gold, CNN Dallas, Texas (CNN) — When the pandemic decimated the live events scene, Joe Allen “packed up a survival bunker on wheels” and headed out on a new career path. Jobs were few and far between for “concert riggers” like Allen, who set up concert lighting and sound systems. So he pursued

By Julian Torres, CNN New York (CNN) — On July 4, one week from today, parents across the United States will be able to start contributing to a Trump Account, the newest option to invest in their child’s future. The investment accounts have attracted a wave of interest from eligible families who want to claim

By Hadas Gold, CNN (CNN) — The US government has allowed Anthropic to release its powerful Mythos AI model to select companies and organizations, revising license requirements after ordering an export block earlier this month in the wake of national security fears. Since the export ban earlier in June, “Anthropic has worked with the US

By Elisabeth Buchwald, Lucy Bayly, CNN (CNN) — After months of souring views driven in part by a surge in gas prices, Americans are feeling more and more optimistic about the economy, according to new data released Friday. Consumer sentiment rose this month from an earlier reading of 48.9 to a final reading of 49.5,

By Anna Cooban, CNN London (CNN) — Volkswagen, one of the world’s largest automakers, is reportedly planning to axe as many as 100,000 jobs over the next few years, representing 15% of its global workforce. The job cuts would come alongside the planned closure of four factories in Germany and a 15% reduction in investment

By David Goldman, CNN (CNN) — Tech stock traders can be an impatient bunch. But lately, they’ve grown seriously ticked off about the high price they’ve paid to get into the AI game without the profit boost they were expecting. The Nasdaq, a barometer for the tech industry, was set to sink another 1.2% Friday,

By Vanessa Yurkevich, CNN (CNN) — The Strait of Hormuz has seen more traffic in the last week than it has in the past three months. But that has slowed down Friday as a critical evacuation plan is put on hold. Seventy-three vessels transited the critical waterway on Wednesday, the highest number since shortly after

By Hadas Gold, CNN (CNN) — The White House has requested OpenAI limit the release of its upcoming GPT 5.6 model to a small number of government-approved partners because of its advanced capabilities, a source familiar with the situation told CNN. The request comes after the administration placed an export control order on Anthropic, leading

By Chris Isidore, CNN (CNN) — Electric vehicle maker Polestar is being forced out of the American market due to its ties to China, following a decision by the US Commerce Department, the company announced Thursday. The company said the Commerce Department’s Bureau of Industry and Security denied the company an authorization to sell vehicles,

By Jordan Valinsky, CNN New York (CNN) — Apple has hiked prices on some of its most popular products, including the MacBook and iPad, because of the rising costs of memory and storage chips sparked by the AI boom. Beginning immediately, the price increases affect the Neo, its entry level MacBook that’s now priced at