Money

By Brian Stelter, CNN (CNN) — Disney is going to court to defend its ABC television stations from the Trump administration’s pressure campaign. On Tuesday, the media company filed a lawsuit in federal court alleging that Trump’s FCC is violating its First Amendment rights. The administration “has waged a retaliatory campaign against ABC for a

By Clare Duffy, CNN New York (CNN) — Meta’s business relies on hooking young people and exploiting their data and attention, a lawyer for a group of state attorneys general argued in opening statements for the latest blockbuster trial against the social media giant on Tuesday. The trial could be Meta’s most consequential legal fight

By Clare Duffy, CNN New York (CNN) — OpenAI is rolling out a new “ChatGPT for Teens” experience that it says will provide additional safety protections for teen users. The move comes as OpenAI faces a string of lawsuits alleging that inappropriate conversations with ChatGPT contributed to the harm or deaths of young people. The

By John Liu, CNN (CNN) — Shares of the world’s largest humanoid robot maker by sales Unitree jumped more than 600% in its trading debut in Shanghai on Wednesday, in a testament to its status as the poster child of China’s robotic advancement. Having captured global attention with its dancing and kung-fu fighting androids, Unitree

By Ramishah Maruf, Matt Egan, CNN New York (CNN) — Family drama is swirling around the sale of the Los Angeles Lakers. Jeanie Buss, the controlling owner and CEO of the storied basketball organization, is opposing the sale of the family’s remaining 17.8% stake in the team to former Disney CEO Bob Iger and venture

By Matt Egan, CNN New York (CNN) — Regulators appointed by President Donald Trump are allowing the Trump family’s flagship cryptocurrency venture to become a bank, a move that is alarming ethics watchdogs and some lawmakers. World Liberty Financial, a crypto firm Trump and his sons launched in 2024, announced late Friday that it received

By Amarachi Orie, CNN (CNN) — A bespoke model of Ferrari’s first-ever fully electric car, the Luce, has sold for $40 million, breaking the record for the most expensive new car ever sold at auction. The high bid for the tailor-made Ferrari Luce “Chassis 0” comes just months after the Italian luxury sports car maker’s

By Samantha Delouya, CNN (CNN) — Just a few years ago, San Francisco was the national symbol for post-pandemic urban decline. Now, fueled by the artificial intelligence boom, the Golden City and its suburbs are quickly becoming the hottest housing market in the country. Flush with cash — and highly valued stock options — tech

By Elisabeth Buchwald, CNN (CNN) — Strawberries offer a taste of summer, even when they are eaten in the dead of winter. But the year-round treat Americans have grown accustomed to could soon get more expensive. The Trump administration is investigating whether Mexican growers are selling winter-harvested strawberries in the United States at unfairly low

By Ramishah Maruf, CNN New York (CNN) — Frances Ling, a 29-year-old in Los Angeles, has a summer driving uniform. First, she buttons a long-sleeve cape with a hood, one that her boyfriend jokes make her look like “a superhero.” Next is a lightweight face mask that covers every inch of skin below her nose.

By Chris Isidore, CNN (CNN) — The Buffalo Bills play their first preseason game at their new Highmark Stadium on Saturday, but season ticketholders got a sneak peek at an open practice last week. Some weren’t happy. Social media was flooded with photos showing obstructed views of the field from some seats. Even though a

By David Goldman, CNN (CNN) — Vishal Garg feels duped. “He hoodwinked me,” the just-ousted Better Home & Finance CEO said about Daniel Lewis, the man who replaced him last week. “He said he liked the company’s strategy. He praised us on X and used that to get on our board and win our confidences.”

By Bryan Mena, CNN Washington (CNN) — Americans pulled back on their retail spending in July and their confidence in the economy is taking a hit. That’s a potentially troubling combination for a consumer-driven economy. Retail sales fell 0.6% in July from the prior month, the Commerce Department said Friday, down from June’s 0.2% and

By Ramishah Maruf, CNN New York (CNN) — Several investors in Selena Gomez’s mental health startup Wondermind sued the popstar Thursday, claiming they were misled about the startup’s success and her involvement in it. Wondermind launched in 2021, with Gomez listed as co-founder, “chief impact officer,” and head of marketing, according to the suit. The

By Clare Duffy, CNN New York (CNN) — Law enforcement technology company Flock introduced new safety controls on Thursday, hoping to curb growing scrutiny and fears around surveillance and police misuse of its tools. Flock’s nationwide network of automated license plate readers (ALPR) cameras —mounted along public roads — take images of passing vehicles’ plates,

By Alicia Wallace, CNN (CNN) — Businesses’ costs aren’t rising as fast as they have been in recent months, an indication that price hikes could slow for consumers in the months ahead. The Producer Price Index, which tracks prices changes for producers and manufacturers, increased 4.7% in the 12 months that ended in July. That