Money

By Lisa Eadicicco, CNN (CNN) — Thinking about buying a new laptop or game console anytime soon? Be prepared to pay up. Point the finger at the AI boom. Data centers have led to a surge in demand for memory, a critical piece of computer hardware that’s needed to quickly process information. While that’s good

By Chris Isidore, CNN (CNN) — Toyota announced last week it would do something other automakers have been reluctant to do – shift some production from Mexico to the United States. The Japanese automaker will soon build half of its best-selling midsize Tacoma pickups at an expanded plant in San Antonio, where it already builds

By Ramishah Maruf, CNN New York (CNN) — The CPAP Baddies assembled in Vancouver, Canada. The first official hangout for users of the sleep apnea treatment device was an influencer-style event hosted by medical company ResMed, complete with merchandise, hors d’oeuvres and a photobooth. At a podcast-style corner, a host asked the attendees, who scored

By Jon Sarlin, CNN (CNN) — This World Cup, a bunch of people decided to gamble millions on whether soccer superstar Cristiano Ronaldo would cry during a match. The bet, which happened on Polymarket, isn’t weird for the wild world of prediction markets. Like whether aliens will be announced by the US government, whether a

By Samantha Delouya, CNN (CNN) — The 21st Century Road to Housing Act, a bipartisan bill that aims to tackle housing affordability, officially became law early Saturday, despite a series of attempts by President Donald Trump to stall the legislation. Its passage signals that lawmakers recognize the frustration many Americans feel about the high cost

By Liam Reilly, CNN (CNN) — The New York Times filed a counterclaim Friday against the Equal Employment Opportunity Commission, accusing the agency of retaliating against the publication for its reporting via a race- and gender-based discrimination lawsuit. The countersuit follows an EEOC lawsuit filed in May on behalf of a White staffer, Bryant Rousseau,

By Lisa Eadicicco, Hadas Gold, CNN (CNN) — Apple sued OpenAI on Friday, alleging the AI company has stolen the iPhone maker’s trade secrets to develop its own yet-to-be-unveiled AI gadgets. In the suit, filed in the District Court of Northern California, Apple accuses OpenAI of trade secret misappropriation and breach of contract. OpenAI last

By Clare Duffy, CNN New York (CNN) — The European Commission says Meta must make significant changes to Facebook and Instagram to address the “addictive design” of the social media platforms. Features on the apps such as autoplay, infinitely scrolling feeds, personalized recommendations and push notifications could compromise users’ “physical and mental wellbeing,” the commission

By Chris Isidore, CNN (CNN) — Air fares aren’t coming down, Delta Air Lines said Friday, even though the cost of jet fuel has fallen sharply. In its second-quarter earnings report, the airline said its various measures of fares are up 11%-12% due to strong demand for travel, and that it sees “sustainability” in those

By Anna Cooban, CNN London (CNN) — Eurostar has specified that its new fleet of trains must be able to withstand sweltering temperatures of 55 degrees Celsius, or 131 degrees Fahrenheit, as it gears up for a radically altered European climate over the coming decades. The company, which operates high-speed trains connecting a handful of

By Jordan Valinsky, CNN New York (CNN) — The elimination of the United States and Mexico in the World Cup is proving to be a win for fans looking for a deal on tickets. For Friday’s battle between Spain and Belgium, prices have plunged 65%, according to TickPick, a secondary ticket marketplace. The United States

By Hanna Ziady, CNN Inside a futuristic building in central London, leather-bound tomes contain quill-and-ink records of vessels lost at sea over the past 250 years. An entry in one of hundreds of such “Loss Books” details the demise of the Titanic in April 1912. More than 100 years later, entries are still handwritten using

By Stephanie Yang, CNN (CNN) — A company many people might never have heard of a year ago has landed the largest ever US listing by a foreign corporation, granting American investors direct access to one of the hottest trades of the year. On Friday, semiconductor manufacturing giant SK Hynix begins trading at $149 per

By Bryan Mena, Elisabeth Buchwald, CNN (CNN) — Federal Reserve Chairman Kevin Warsh on Thursday unveiled the members of the five task forces that will examine key issues that shape US monetary policy as part of his broader bid to reshape the world’s most powerful central bank. In addition to academics and former central bankers,

By Chris Isidore, CNN Bristol, Pennsylvania (CNN) — President Donald Trump is heralding a new chain of gas stations that are selling gas for $3.479 a gallon, well below both market prices and wholesale costs. “This retailer is taking the lead, and others should follow,” he wrote in a Truth Social post last week, highlighting the July

By Samantha Delouya, CNN (CNN) — Home shoppers hoping for a break in affordability as the spring homebuying season wraps up may be in for another letdown. The war with Iran and the inflation spike that followed have kept mortgage rates stubbornly high, while fresh fears that the Federal Reserve could raise interest rates to

By Anna Cooban, CNN London (CNN) — Russia has fully banned exports of diesel after Ukrainian drone strikes on its refineries triggered widespread fuel shortages and as the global energy market braces for more disruption in the Strait of Hormuz. Russian Deputy Prime Minister Alexander Novak announced the ban in a televised meeting alongside President

By John Towfighi, CNN New York (CNN) — The stocks that have fueled Wall Street’s powerful AI rally are suddenly under pressure as investors evaluate rising tensions in the Middle East, take profits after a historic run and reassess where to find value. After months of hitting record highs, semiconductor chip stocks have dropped in

By Brian Stelter, CNN (CNN) — Lawyers for several states are finalizing an antitrust lawsuit challenging Paramount’s pending acquisition of Warner Bros. Discovery, including CNN, according to people involved in the legal process. The multistate suit will likely be filed next week, the sources told CNN, though the filing date is subject to change. If

By Chris Isidore, CNN (CNN) — Apple announced a $30 billion deal to design chips made in the United States by Broadcom. It’s part of Apple’s continued effort to diversify the source of its components and help support domestic chip production – a goal shared by President Donald Trump. Broadcom makes wireless connectivity chips to