Money

By Catherine Thorbecke, CNN (CNN) — Michael Tubbs was born and raised in Stockton, California, roughly a one-hour drive from Silicon Valley, the birthplace of the AI revolution that’s now forecast to forever change the way Americans live and work. But despite coming of age in Big Tech’s backyard, the America that Tubbs grew up

By Brian Fung, CNN (CNN) — A bombshell $16 million fraud charge this week against baseball star Shohei Ohtani’s former interpreter offers a stark illustration of what can happen when your online accounts aren’t properly secured. The interpreter, a longtime friend of Ohtani’s named Ippei Mizuhara, allegedly stole vast sums of money from a bank account established

By Allison Morrow, CNN New York (CNN) — American consumers are the engine of the world’s biggest economy, and they are living under a mountain of student debt. Even though the Biden administration has forgiven a staggering $153 billion in federal student loan debt, giving a financial lifeline to millions of borrowers, that figure is

By Bryan Mena, CNN Washington (CNN) — For thousands of years, the nighttime’s daily darkness naturally told humans it was time to go to sleep. That’s an evolutionary principle embedded into our brains — and it becomes apparent for those who can’t peacefully slumber at night because of the annoying indicator light that’s part of

By Heather Chen, CNN (CNN) — The death sentence handed to a real estate tycoon in a $12.5 billion financial fraud case is the latest punishment meted out by Vietnam in the Southeast Asian country’s sweeping “blazing furnace” anti-corruption campaign. Thursday’s ruling against Truong My Lan, the former chairwoman of property developer Van Thinh Phat

By Eva Rothenberg, CNN New York (CNN) — Longtime broadcast journalist Robert MacNeil, who covered some of the biggest headlines of the 20th century and co-anchored PBS nightly news for two decades, died on Friday, PBS announced. He was 93. MacNeil “was an incredibly erudite reporter, anchor and writer who raised the bar for serious journalism

By Elisabeth Buchwald, CNN New York (CNN) — Drivers nationwide are facing the biggest car insurance rate increases since 1976. Up more than 22% compared to last year, rising car insurance rates are one of the biggest contributors to overall inflation, which hit a new six-month high last month, according to the Consumer Price Index.

By Samantha Murphy Kelly, CNN (CNN) — Apple is working to a fix a bug in its latest iOS software that suggests the Palestinian flag emoji when some users search for the word “Jerusalem” in the emoji keyboard. The company told CNN it is aware of a bug within predictive emoji in the keyboard and

By John Towfighi, CNN (CNN) — About 576,000 Roku accounts were compromised in a cyberattack, the company said on Friday, the second security breach for the streaming service this year. Hackers gained access to user accounts through stolen login credentials, Roku said in a blog post. The security breach was discovered while Roku monitored account

By Eve Brennan and Anna Cooban, CNN London (CNN) — Social media giant Meta has lowered the minimum age required to use WhatsApp in Europe to 13 from 16, sparking criticism from children’s rights advocates. The new age restriction came into force in the European Union Thursday. The new minimum age of 13 was also

By Matt Egan, CNN New York (CNN) — Shares of Trump Media & Technology Group are in free fall. The Truth Social owner’s share price dropped another 5% as of mid-day Friday, leaving it on track for a seventh losing day out of the past eight. The only gain during that span was a tiny

By Krystal Hur, CNN New York (CNN) — US stocks ended the day sharply lower Friday as Wall Street worried about escalating tension in the Middle East and traders rushed to safe havens like bonds and gold. The Dow fell 475 points, or 1.2%, after dropping more than 500 points at the day’s lows. The S&P 500

By Bryan Mena, CNN Washington (CNN) — Americans haven’t felt any better about the economy these past few months, but they haven’t felt any worse either. That’s striking because disappointing inflation reports have thrown Wall Street into a tailspin. The University of Michigan’s latest consumer survey showed that sentiment largely held steady in April, according

By Chris Isidore, CNN New York (CNN) — US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has never looked so bad. The deal is significant, not just for the future of what is still a key

By Catherine Thorbecke, CNN (CNN) — Airbnb wants more renters, and not just homeowners, to be able to become hosts on its short-term rental platform. The company on Friday announced that it is doubling down on efforts to work with state and local governments to advocate for short-term rental rules that don’t exclude renters from

Analysis by Oliver Darcy, CNN New York (CNN) — Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. O.J. Simpson gripped the nation’s attention for a final time Thursday. As breaking news banners and push alerts crashed onto screens from coast

By Nicole Goodkind, CNN New York (CNN) — JPMorgan Chase, the largest bank in the United States, kicked off earnings season Friday with a beat, but also a warning about geopolitical threats that could hurt the global economy. The bank’s first-quarter revenue increased by 9% from the year before, to $41.9 billion. That’s more than

By Jeanne Sahadi, CNN New York (CNN) — If you haven’t filed your 2023 tax return with the IRS yet and you still owe income tax for last year, the good news is you still have time to rectify those situations before you’re penalized for failing to do so. Most filers have until 11:59 pm

By Matt Egan, CNN New York (CNN) — Burnout is such a problem for workers that some bosses are considering shrinking the length of the workweek. Nearly one-third (30%) of large US companies are exploring new work schedule shifts such as four-day or four-and-a-half-day workweeks, according to a KPMG survey of CEOs released this week.

By Diksha Madhok, CNN (CNN) — The US aviation industry has asked the Biden administration to pause approval of additional flights to and from China, saying Beijing’s “existing harmful anti-competitive policies” hurt American airlines and workers. “The competitive disadvantage is harmful to the approximately 315,000 workers employed by US passenger airlines that serve China,” according