Money

By Bryan Mena, John Towfighi, CNN New York (CNN) — Advances in AI are unlikely to push down interest rates in the short term, a key Federal Reserve official said Tuesday — a stark contrast to Fed Chair nominee Kevin Warsh’s plan for slashing borrowing costs. “I expect that the AI boom is unlikely to

By Brian Stelter, CNN (CNN) — Stephen Colbert taped a “Late Show” interview with James Talarico, a candidate in the Democratic Senate primary in Texas. But he says CBS lawyers intervened before the interview could air on TV. “We were told in no uncertain terms by our network’s lawyers, who called us directly, that we

By Gordon Ebanks, CNN (CNN) — As state legislatures around the country meet to solidify their budgets for the year ahead, the effects of the One Big Beautiful Bill Act and an uncertain economic future are pushing states to take a hard look at their finances. Fourteen states are facing budget deficits for the next

By Brian Stelter, CNN (CNN) — Warner Bros. Discovery wants to hear Paramount’s “best and final proposal” for the media company, and is opening a brief window for discussions about a bid, while also moving forward with its Netflix merger and urging shareholders to reject Paramount’s current hostile bid. If that sounds convoluted, that’s because

By Hanna Ziady, CNN London (CNN) — The European Union’s data privacy watchdog has launched an investigation into Elon Musk’s X over sexualized images generated by the social media site’s AI chatbot, Grok. The move adds to mounting regulatory pressure on X, which is also facing probes in France and the United Kingdom after thousands

By Clare Duffy, CNN New York (CNN) — Joann Bogard stood in a Capitol Hill hearing room two years ago and watched Mark Zuckerberg apologize to grieving parents who traced the deaths of their children to the online world he helped create. Parents packed the hearing room, holding photos of the children they had lost.

By Hadas Gold, CNN (CNN) — Dr. Alice Chiao used to teach emergency medicine to students at Stanford University’s medical school. Now, she’s teaching artificial intelligence-powered chatbots to think, diagnose and prescribe like her. Chiao is part of a booming new economy of professional experts in their fields who are training AI through a process

By Ramishah Maruf, CNN (CNN) — Billionaire Tom Pritzker announced on Monday he was retiring as executive chairman of Hyatt Hotels after his association with convicted sex offender Jeffrey Epstein was revealed in the latest release of files by the US Justice Department. Pritzker, who has been executive chairman since 2004, also said he won’t

By Hanna Ziady, CNN London (CNN) — AI chatbot providers, including ChatGPT and Grok, are facing a crackdown on illegal content in the United Kingdom, as the government promises swift action to make the internet safer for children. “Today we are closing loopholes that put children at risk, and laying the groundwork for further action,”

By John Towfighi, CNN (CNN) — When Howard Silverblatt first started working on Wall Street, the S&P 500 was at 99.77 points. The week before he retired, the benchmark index was up by 70 times that, to 7,000. That’s an eye-popping increase — but maybe not surprising, considering Silverblatt started his career on May 17,

By John Towfighi, CNN New York (CNN) — A sell-off rippled through software, real estate and trucking stocks this past week as investors worried artificial intelligence could upend some industries — and analysts say the white-knuckle drops might not be over yet. Software stocks bore the initial brunt of AI disruption nerves. But those fears

By Jeanne Sahadi, CNN (CNN) — More than 50 million US private-sector employees don’t have access to a workplace retirement savings plan like a 401(k). But a growing number of states are now requiring most private-sector employers to provide what are known as “auto IRAs” if they don’t already offer a workplace plan. Each employee

By Christian Edwards, CNN (CNN) — Hungary is buying Russian oil despite alternative supplies being available, according to a report that accuses Budapest of failing to pass down to consumers the savings it makes from buying cheap Russian fuels. Instead, the savings become profits for Hungary’s largest oil company, which is part-owned by foundations linked to Prime Minister Viktor Orbán, according to the report from the Center for the Study of Democracy (CSD), a European-based public policy

By Chris Isidore, John Liu, CNN (CNN) — Chinese cars could be at an American dealership sooner than you think, and that’s good news for US consumers. Chinese car companies make more vehicles than anyone else on Earth and export more as well. But high tariffs and hostile US-China trade relations have kept them out

By Michael Ballaban, CNN (CNN) — Big Bad Brody King stood in one corner, long gray-streaked beard jutting out, all hulking muscle and tattoos above his barbed-wire logo trunks. In the other corner, hair combed neatly back and beard tidily trimmed, stood Maxwell Jacob Friedman, the reigning All Elite Wrestling World Champion. With the two

By Julian Torres, CNN New York (CNN) — Not everyone loves the gooey, heart-shaped version of Valentine’s Day. Even for those who celebrate, the pressure to deliver the picture-perfect night can — quite frankly — stink. This Valentine’s Day, some nonprofits and businesses are siding with the jaded lovers of the world. Those skipping romance

By Ramishah Maruf, CNN (CNN) — Affordable beauty brand e.l.f. has unlocked something that’s mystified many retailers: how to win over the ever-persnickety Gen Z. E.l.f.’s formula has included low price points for high-quality items, TikTok-viral dupes of products from expensive brands, and popular marketing campaigns that manage not to make its youngest audience cringe.

By Hadas Gold, CNN (CNN) — AI company Anthropic announced this week it is giving $20 million to a political group campaigning for more regulation of the technology – but its main rival, OpenAI, is telling its employees it won’t be making similar donations. In a memo to staff on Thursday, OpenAI’s chief global affairs