Money

By Jordan Valinsky, CNN New York (CNN) — Ford is recalling more than 450,000 compact SUVs and pickup trucks in the United States because they might lose drive power resulting from a battery issue, the National Highway Traffic Safety Administration said in an alert. The models affected include Ford Bronco Sport SUVs made between 2021

By Chris Isidore, CNN New York (CNN) — Tesla will ask its shareholders to vote to approve the 2018 pay package that made CEO Elon Musk among the world’s richest people but that a Delaware judge threw out earlier this year. The pay package gave Musk options to buy 303 million split-adjusted shares of Tesla

By Allison Morrow, CNN New York (CNN) — Going to college is supposed to be the path to a more prosperous life. But the cost of getting a degree has become a financial albatross, weighing down borrowers from the day they graduate to the day they retire — if retirement is even possible. Student loan

CNN By David Goldman, CNN New York (CNN) — Investors in Trump Media & Technology Group’s stock are throwing in the towel. Shares of TMTG (DJT) tumbled 14% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business

Analysis by Diksha Madhok and Rachel Wilson, CNN New Delhi/London (CNN) — Indians have started casting their votes in an election that’s expected to hand Prime Minister Narendra Modi another five years in office to steer the country’s rapid economic expansion. Under his leadership, India is poised to become a 21st-century economic powerhouse, offering a

By Pete Muntean, CNN (CNN) — The union representing pilots at American Airlines says it is seeing a “significant spike” in safety issues on flights. The Allied Pilots Association is warning members of “problematic trends,” including tools being left in aircraft wheel wells, collisions involving planes being towed on the ground, and “pressure to return

By Chris Isidore, CNN New York (CNN) — United Airlines was pushed into the red by Boeing and its ongoing quality issues, the airline said Tuesday. The company took a $200 million hit in the first quarter after the Boeing 737 Max 9 was grounded following the door plug incident aboard an Alaska Airlines flight.

By Hadas Gold, CNN (CNN) — An organization that represents more than 2,000 news publishers sent letters on Tuesday to federal agencies, urging them to launch an investigation into Google after the tech behemoth began removing links to California-based news outlets. The move from Google, which drew swift backlash, came over a proposed law that

By Elisabeth Buchwald, CNN New York (CNN) — Federal Reserve officials have been saying for months they need to see more convincing data demonstrating that inflation is on a sustainable path to 2% before they can feel comfortable cutting rates. Last month’s unexpectedly hot Consumer Price Index report is the exact opposite of that. That’s

By Tami Luhby, CNN (CNN) — Most employers must offer “reasonable accommodations” to workers related to pregnancy or childbirth, including providing time off for an abortion, according to a final rule issued Monday by the Equal Employment Opportunity Commission. The rule clarifies the provisions of the Pregnant Workers Fairness Act, which became law last June

By Bryan Mena, CNN Washington (CNN) — US stocks wavered Tuesday after Federal Reserve Chair Jerome Powell said a “lack of further progress” on inflation means the central bank likely won’t cut interest rates at its upcoming policy meeting just two weeks away, keeping them higher for longer. Stocks seesawed after Powell’s comments, closing mixed Tuesday. The Dow rose

By Marshall Cohen and Oliver Darcy, CNN (CNN) — Voting technology company Smartmatic and the far-right network One America News said Tuesday that they had settled a defamation lawsuit stemming from the outlet’s lies about the 2020 election. “The case has been resolved pursuant to a confidential agreement,” OAN attorney Chip Babcock told CNN. Both parties declined

By Tom Foster, CNN London (CNN) — Microsoft will invest $1.5 billion in Abu Dhabi’s G42, an artificial intelligence group that has faced questions over its ties to China. The companies will collaborate on AI and digital infrastructure, in a move that sees Microsoft’s AI empire expand into the Middle East for the first time.

By David Goldman, CNN New York (CNN) — Investors in Trump Media & Technology Group’s stock are throwing in the towel. Shares of TMTG (DJT) tumbled 14% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business in

By Anna Cooban, CNN London (CNN) — The creation of sexually explicit deepfake content is likely to become a criminal offense in England and Wales as concern grows over the use of artificial intelligence to exploit and harass women. Under a draft law, anyone who creates such an image or video of another adult without

By Hanna Ziady, CNN London (CNN) — The US economy’s standout performance will be a major driver of global growth this year but could make America’s inflation problem harder to solve, according to the International Monetary Fund. The IMF upgraded Tuesday its forecast for US economic growth to 2.7% this year — 0.6 percentage points

By Jon Passantino and Oliver Darcy, CNN New York (CNN) — NPR has suspended the senior business editor who penned a scathing online essay claiming the radio network had “lost America’s trust” by embracing a “progressive worldview,” prompting fierce right-wing backlash and calls to defund the radio network. NPR’s David Folkenflik reported on Tuesday that Uri Berliner’s

By Jordan Valinsky, CNN New York (CNN) — The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans. The lawsuit against Live Nation

By Clare Duffy, CNN New York (CNN) — Meta’s Oversight Board is set to evaluate the company’s handling of deepfake pornography amid growing concerns that artificial intelligence is fueling a rise in the creation of fake, explicit imagery as a form of harassment. The Oversight Board said Tuesday that it will review how Meta addressed

By Laura He, CNN Hong Kong (CNN) — China’s economy grew stronger than expected at the start of this year, mainly thanks to robust growth in high-tech manufacturing. Gross domestic product (GDP) grew by 5.3% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the