Money

By Chris Isidore, CNN (CNN) — Just a couple of years ago, America’s auto industry had visions of an all-electric future. It has since abandoned that talk after the Trump administration eliminated the federal government’s incentives for the technology. The near future isn’t looking too pretty. The end of the $7,500 federal tax credit for

By Brian Stelter, CNN (CNN) — Journalist and entrepreneur Bari Weiss is taking charge at CBS News and her startup, The Free Press, is being acquired by CBS parent company Paramount. Starting today, Weiss is the editor-in-chief of CBS News, a new position that has stirred anxieties within the storied news division. Weiss said in

By David Goldman, CNN (CNN) — In a significant challenge to Nvidia’s dominance, OpenAI announced Monday it would buy 6 gigawatts of computing power from data centers that will run exclusively on AMD chips. Nvidia (NVDA) has become the go-to AI chipmaker in recent years, propelling it to a $4.6 trillion market capitalization that has

By Elisabeth Buchwald, CNN (CNN) — Hundreds of thousands of federal government employees are being furloughed or working without pay during the ongoing government shutdown. Core functions, including many food and drug inspections, are suspended because Republicans and Democrats remain deadlocked on funding the government. Meanwhile, the government continues to rake in record levels of

CNN By Auzinea Bacon, CNN (CNN) — In an unprecedented win for a theatrical release announced just two weeks ago, the album debut event from American pop superstar Taylor Swift topped the domestic box office with about $33 million domestically. “Taylor Swift: The Official Release Party of a Showgirl,” released in theaters for a three-day

By Auzinea Bacon, CNN (CNN) — In an unprecedented win for a theatrical release announced just two weeks ago, the album debut event from American pop superstar Taylor Swift topped the domestic box office with about $33 million domestically. “Taylor Swift: The Official Release Party of a Showgirl,” released in theaters for a three-day run

By Alayna Treene, Bryan Mena, CNN Washington (CNN) — American farmers are having a tough year, in no small part because of President Donald Trump’s trade war. Now, the White House is gearing up to extend them a multi-billion-dollar bailout, sources tell CNN. Surging costs and foreign retaliation from tariffs have hurt the US agriculture

By Auzinea Bacon, CNN (CNN) — After another bittersweet end to the summer box office season, American multiplexes are going to “shake it off.” The AMC-distributed “Taylor Swift: The Official Release Party of a Showgirl” opened Friday as part of a three-day run in 3,700 theaters to coincide with Swift’s 12th studio album, “The Life

By Auzinea Bacon, CNN (CNN) — Rite Aid, once one of America’s biggest pharmacy chains, shuttered its remaining 89 stores this week after filing for bankruptcy in May for the second time in less than two years. “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support,”

By John Towfighi, CNN New York (CNN) — Stocks ended the day mixed on Friday as investors continue to brush off concerns about the government shutdown. The Dow closed higher by 239 points, or 0.51%, after rising as much as 530 points earlier. The S&P 500 was relatively flat and closed higher by just 0.01%.

By Liam Reilly, CNN (CNN) — Mario Guevara, the Salvadoran journalist who gained popularity by documenting immigration raids, has been deported after spending months in federal custody. Guevara was deported to his native El Salvador early Friday morning, the Committee to Protect Journalists (CPJ) confirmed to CNN, more than three months after the Spanish-language live-streamer

By Clare Duffy, CNN New York (CNN) — Following a request from the US Department of Justice, Apple has removed ICEBlock and similar apps that allow people to alert others nearby about sightings of Immigration and Customs Enforcement agents in their area. President Donald Trump and his administration have railed against the apps for months,

By Jordan Valinsky, CNN New York (CNN) — Cracker Barrel has cut ties with the design firm that created its controversial new logo and redesigned restaurants. The restaurant chain started implementing the changes but quickly reversed course following online backlash – including from President Donald Trump. The company confirmed the split late Thursday in a

By Alicia Wallace, CNN (CNN) — On this particular Friday, at 8:30 a.m. ET, the Bureau of Labor Statistics was supposed to release the September jobs report. Instead, the agency behind the market-moving release — data that has starkly become even more important, given economic uncertainty — is almost entirely dark due to the federal