Money

By Auzinea Bacon, CNN (CNN) — The Treasury Department will issue rebates if the Supreme Court upholds a ruling that President Donald Trump’s “reciprocal” tariffs were an overstep of power, Treasury Secretary Scott Bessent said Sunday. “We would have to give a refund on about half the tariffs, which would be terrible for the Treasury,”

KENS By Hanna Park, CNN (CNN) — Winning tickets for Saturday’s nearly $1.8 billion Powerball jackpot were sold in Missouri and Texas, the lottery said. “With final ticket sales, the Powerball jackpot came in at $1.787 billion – making it the second-largest U.S. lottery jackpot ever won,” the Multi-State Lottery Association, which runs the Powerball

By Chris Isidore, CNN (CNN) — What do you give a man who already can buy anything? How about $1 trillion? That’s what the Tesla board of directors have decided to offer CEO Elon Musk. They unveiled a new pay package Friday for shareholders to consider that could give Musk up to 423.7 million additional

By Lisa Eadicicco, CNN (CNN) — The iPhone needs a shakeup. It could get one as soon as September 9, when Apple is expected to announce an all-new slimmer model of the iPhone, potentially called the “iPhone Air,” alongside the iPhone 17 and new Apple Watch models at its marquee annual event. That kind of

By Hanna Park, CNN (CNN) — Winning tickets for Saturday’s nearly $1.8 billion Powerball jackpot were sold in Missouri and Texas, the lottery said. “With final ticket sales, the Powerball jackpot came in at $1.787 billion – making it the second-largest U.S. lottery jackpot ever won,” the Multi-State Lottery Association, which runs the Powerball game,

By Brian Stelter, CNN (CNN) — The last time President Trump attended a US Open match, as a presidential candidate in 2015, the booing was so loud that multiple news outlets wrote stories about the critical crowd reaction. ESPN’s live broadcast lingered on shots of Trump during a quarterfinal match. Trump will be back on

By Reuters (CNN) — OPEC+ will likely raise oil output on Sunday but probably add less oil from October than in recent months as global demand might be slowing with the end of the driving season, OPEC+ sources said on Saturday. OPEC+ has reversed its strategy of output cuts from April and has already raised

By Ramishah Maruf, CNN New York (CNN) — During the week, Shar Aguilar works in tech marketing. Her weekend gig is often much louder and a lot wilder. But for now, it sits and waits for her in the garage. From nine-to-five on the weekdays, Aguilar joins many in Southern California at an office job,

By Chris Isidore, CNN (CNN) — Chances are holders of the two winning tickets for Saturday’s promised Powerball prize of nearly $1.8 billion will cash them in. But it’s not certain. Not every jackpot-winning ticket sold over the years has been cashed in. And if you totaled up all the missing smaller “winners” who could

By Alicia Wallace, CNN (CNN) — After years of plentiful employment opportunities, healthy pay bumps and pandemic savings-fueled spending sprees, American workers now face a sobering economic reality: It’s getting harder and harder to find work, and more and more industries are shedding jobs. The latest jobs report, released Friday, indicated that the US economy

By Reuters (CNN) — Anthropic told a San Francisco federal judge on Friday that it has agreed to pay $1.5 billion to settle a class-action lawsuit from a group of authors who accused the artificial intelligence company of using their books to train its AI chatbot Claude without permission. Anthropic and the plaintiffs in a

CNN, GETTY, BLOOMBERG, TESLA, CCTV, WLUK, WSYX, KCNC, CNBC, X, ELONMUSK, X/ElonMusk By Chris Isidore, CNN (CNN) — Elon Musk, already the world’s richest person, could become the first trillionaire after the Tesla board unveiled a massive new pay package for its CEO to keep his focus on the troubled EV maker. The package would

By Liam Reilly, CNN (CNN) — A federal judge on Friday dismissed pro-Trump channel Newsmax’s lawsuit against Fox News just two days after it was filed, calling it a “shotgun” complaint. Newsmax’s lawsuit is a “shotgun pleading,” US District Judge Aileen Cannon ruled, using a term for disorganized complaints that fail to meet certain pleading

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve must be relieved of its duties regulating the nation’s banks, Treasury Secretary Scott Bessent wrote in an essay published Friday. Bessent wrote in the Wall Street Journal that the central bank has veered away from what he described as its core mission of promoting full

By David Goldman and Reuters (Reuters) — President Donald Trump on Friday threatened the European Union with an investigation that could lead to higher tariffs, after the EU fined Google billions of dollars for violating its antitrust laws. The EU announced earlier Friday that Google must pay a €2.95 billion ($3.45 billion) antitrust fine for

CNN By Alicia Wallace, CNN (CNN) — The US job market is stalling out. Job growth slowed to a crawl in August, and the unemployment rate rose to its highest level in nearly four years, indicating the US labor market is growing stagnant. The economy added just 22,000 jobs last month and the unemployment rate

By Chris Isidore, CNN (CNN) — Elon Musk, already the world’s richest person, could become the first trillionaire after the Tesla board unveiled a massive new pay package for its CEO to keep his focus on the troubled EV maker. The package would grant him additional shares of Tesla stock if the company is able

By Chris Isidore, CNN (CNN) — The Powerball lottery’s advertised jackpot is up to a massive $1.7 billion, thanks in large part to high ticket sales and the lack of a winner since late May. But there’s another reason you might not expect: high interest rates. But to explain why high interest rates are a

By Alicia Wallace, CNN (CNN) — The US job market is stalling out. Job growth slowed to a crawl in August, and the unemployment rate rose to its highest level in nearly four years, indicating the US labor market is growing stagnant. The economy added just 22,000 jobs last month and the unemployment rate rose

By Hadas Gold, CNN New York (CNN) — James, a married father from upstate New York, has always been interested in AI. He works in the technology field and has used ChatGPT since its release for recommendations, “second guessing your doctor” and the like. But sometime in May, his relationship with the technology shifted. James