Money

By Bryan Mena, CNN Washington (CNN) — The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second quarter, according to fresh Commerce Department figures released Thursday, which are adjusted for

By Jordan Valinsky, CNN New York (CNN) — People looking for love with an Olympic athlete could have a difficult time this year: Grindr, the LGBTQ+ dating app, has disabled some of its location-sharing features to protect athletes from harassment or prosecution. Some users noticed this week that they can’t use the “Explore” feature on

By Clare Duffy, CNN New York (CNN) — Rapid advancements in artificial intelligence have made it easier for bad actors to create non-consensual deepfake pornography. While “revenge porn” – a form of harassment that involves posting explicit images of someone online without their consent – has been an issue for years, new AI tools make it possible

By Chris Isidore, CNN New York (CNN) — Southwest Airlines is shifting to assigned seats for the first time in its history, a change that will allow the low-fare carrier to charge a premium for some of the seats on its planes. The airline will also start offering overnight “red-eye” flights for the first time,

By Clare Duffy, CNN New York (CNN) — With Vice President Kamala Harris the front runner to receive the Democratic Party’s nomination for president, America’s most powerful industry is set to have a candidate on the ballot from its home turf. Top technology leaders are already showing their excitement for the Bay Area native, in

CNN By Clare Duffy, CNN New York (CNN) — With Vice President Kamala Harris the front runner to receive the Democratic Party’s nomination for president, America’s most powerful industry is set to have a candidate on the ballot from its home turf. Top technology leaders are already showing their excitement for the Bay Area native,

By Amy Gunia, CNN (CNN) — Abu Dhabi isn’t about to wean itself off the oil that made it super rich. But it is putting some of that wealth to work in support of startups trying to find solutions for the climate crisis. In April, Abu Dhabi tech ecosystem Hub71 announced its first-ever program designed

By Jessie Yeung, CNN (CNN) — The Murdoch family, famous for helming one of the world’s most influential news empires, is locked in a secret court battle over succession and control, according to a New York Times report citing sealed court documents. For years, public intrigue has swirled around what would happen to the Murdoch

By Ramishah Maruf and Chris Isidore, CNN New York (CNN) — The US Department of Justice on Wednesday for the first time shared details of its finalized plea deal agreement with Boeing, in which the troubled aviation company will plead guilty to a felony charge of defrauding the US government. Boeing agreed to pay a

By Ramishah Maruf, CNN New York (CNN) — Customers on social media have been furious with Chipotle for allegedly skimping on its burrito bowl portions this year. Now, the fast-casual chain’s CEO said the company is making changes. “First, there was never a directive to provide less to our customers,” CEO Brian Niccol said during

By Chris Isidore, CNN New York (CNN) — Shares of Ford fell more than 11% in after-hours trading Wednesday after the automaker reported much weaker than expected earnings. The company said it was compelled to set aside more money to cover the cost of repairing customers’ vehicles. The company (F) did not break out how

By Liam Reilly, CNN New York (CNN) — The NBA on Wednesday rejected Warner Bros. Discovery’s offer to match a $1.8 billion per year bid from Amazon Prime Video to broadcast the league’s games, setting up a potential legal showdown between the media company and its longtime sports partner. “Warner Bros. Discovery’s most recent proposal

By Erika Tulfo, CNN New York (CNN) — If there’s one emotion that Disney and Pixar are probably feeling right now, it’s joy. That’s after movie sequel “Inside Out 2” became the highest-grossing animated film of all time, raking in $1.46 billion at the global box office and dethroning former record holder “Frozen 2” from

By Shania Baweja and Natasha Chen, CNN (CNN) — Disneyland has averted the possibility of the first employee strike in 40 years by reaching a tentative agreement with 14,000 workers on Tuesday. Approximately 9,500 of those employees whose contract had already expired voted Friday to authorize a strike, which had yet to be scheduled as planned

By Marshall Cohen, CNN Washington (CNN) — A federal judge on Wednesday refused to dismiss former President Donald Trump’s lawsuit against ABC News and George Stephanopoulos over the anchor’s assertion that a jury concluded Trump had “raped” E. Jean Carroll. Trump filed the lawsuit in Florida federal court earlier this year, arguing that Stephanopoulos and the network defamed him

By Nathaniel Meyersohn, CNN New York (CNN) — Two months after filing for bankruptcy, Red Lobster is close to emerging with a new owner. Red Lobster said this week in a court filing that it will accept an existing sale offer from Fortress Credit Corp., a lender experienced in restaurant management, after the seafood chain

By Hadas Gold, CNN New York (CNN) — Fox News has proposed a presidential debate between former President Donald Trump and Vice President Kamala Harris on September 17. The debate invitation from the right-wing cable network would take place in the swing state of Pennsylvania, with anchors Bret Baier and Martha MacCallum serving as moderators,

By Brian Fung, CNN (CNN) — Insurers have begun calculating the financial damage caused by last week’s devastating CrowdStrike software glitch that crashed computers, canceled flights and disrupted hospitals all around the globe — and the picture isn’t pretty. What’s been described as the largest IT outage in history will cost Fortune 500 companies alone more

By Krystal Hur, CNN New York (CNN) — Tech shares led a selloff Wednesday after lackluster earnings reports from two of the market’s most prominent heavyweights. The Nasdaq Composite declined 3.6% and the S&P 500 fell 2.3%, both notching their worst daily percentage declines since 2022. The Dow lost 504 points, or 1.3%. Big Tech’s

By Chris Isidore and Isabel Rosales, CNN New York (CNN) — Delta CEO Ed Bastian arrived in Paris Wednesday morning for the opening of the Olympics as his airline struggled to recover from a five-day meltdown that left an estimated half-million customers stranded by thousands of flight cancellations. After a global tech outage that started