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By Ramishah Maruf, CNN New York (CNN) — Tesla finally built its first Cybertruck, the company tweeted Saturday, two years behind schedule. The electric car company tweeted an image of workers in hard hats surrounding the sleek Cybertruck, which it said was built at its Gigafactory near Austin, Texas. Tesla revealed the prototype for the

By Elisabeth Buchwald, CNN New York (CNN) — Last week would have been an ideal week to go on vacation if you’re an economist or, ahem, an economics reporter. That’s because a boatload of new data was released that provided a lot more clarity on the state of the US economy. The new pieces of

by Ellie Stevens (CNN) — Midsummer is the peak of juicy peach season in the state of Georgia. But, recently, the Peach Cobbler Factory in Atlanta ran out of peaches and was forced to pivot to… apple cobbler. The Peach State lost more than 90% of this year’s crop after a February heat wave followed

By Anna Stewart and Anna Cooban, CNN London (CNN) — A rising number of British stores are using a facial recognition system powered by artificial intelligence to identify repeat shoplifters in what one human rights group has called the spread of “airport-style security” on the high street. Simon Gordon, founder of UK surveillance company Facewatch,

CNN By Anna Stewart and Anna Cooban, CNN London (CNN) — A rising number of British stores are using a facial recognition system powered by artificial intelligence to identify repeat shoplifters in what one human rights group has called the spread of “airport-style security” on the high street. Simon Gordon, founder of UK surveillance company

By Heather Chen, CNN (CNN) — It’s been a Cruel Summer for Taylor Swift fans in Asia. The heat was on last week as millions across the continent competed for just 300,000 tickets to see her in Singapore, which will host the only stop in Southeast Asia for the singer’s Eras Tour, which kicked off

By Ramishah Maruf, CNN New York (CNN) — The US Virgin Islands is seeking $190 million in penalties and disgorgement from JPMorgan Chase and requesting that it implement safeguards against human trafficking in its ongoing case alleging the bank benefited financially from disgraced financier Jeffrey Epstein’s sex trafficking operation and failed to report suspicious financial

By Brian Fung, CNN (CNN) — A federal appeals court said it will not block Microsoft (MSFT) from closing its $69 billion acquisition of Activision Blizzard, handing the Federal Trade Commission its second major defeat this week in a case involving the future of the video game industry. The decision by the US Court of

By Elisabeth Buchwald, CNN New York (CNN) — Bank of America was fined $250 million this week by US federal regulators for allegedly harming customers by double-dipping on fees, withholding credit card rewards and opening fake accounts. Of those fines, $100 million is set to go directly to consumers who were impacted by the bank’s

Ellie Stevens (CNN) — Three graphic designers are suing Chinese fast-fashion giant Shein over what they allege is “egregious” copyright infringement and racketeering. In the lawsuit, which was filed in a California federal court Tuesday, the designers allege Shein produced and sold exact copies of their designs. They claim Shein uses “secretive algorithms” to determine

By Matt Egan, CNN New York (CNN) — Dave Liniger has spent the last half-century living through the ups and downs of the interest-sensitive housing market. Liniger, who co-founded real estate giant RE/MAX with his wife in 1973, doesn’t think mortgage rates are all that high today. After all, he recalls the early 1980s when

By Brian Fung and Sean Lyngaas, CNN Washington (CNN) — A federal judge’s move to limit how some US agencies communicate with social media companies could have a “chilling effect” on how the federal government and states address election-related disinformation just as the 2024 election cycle gets underway, according to interviews with current and former

By Bryan Mena, CNN Washington, DC (CNN) — Inflation’s steady slowdown in recent months has kept Americans feeling optimistic about the future. Consumer sentiment tracked by the University of Michigan rose 13% in July, the second straight month of improvement, according to a preliminary reading released Friday morning. The index reached its highest level since

By Allison Morrow, CNN New York (CNN) — The crypto industry notched a crucial win in its battle with regulators Thursday when a judge ruled that Ripple Labs did not violate federal securities law by offering its XRP token on public exchanges — undermining a key argument made by the Securities and Exchange Commission. The

By Chris Isidore and Chloe Melas, CNN New York (CNN) — Actors hit picket lines Friday in their first strike against film and TV productions since 1980 and the nation’s largest strike since 1997. There are 160,000 members of SAG-AFTRA, the union representing everyone from A-list stars to struggling actors working other jobs while awaiting

By Vanessa Yurkevich, CNN (CNN) — The name “Barbara Millicent Roberts” may not ring a bell, but say her nickname — Barbie — and people of all ages know her. Created by Mattel in 1959, Barbie doesn’t look a day over 19. And now she is getting new life in “Barbie” the movie, distributed by

By Chris Isidore, CNN New York (CNN) — A 10-day UPS strike could cost the US economy $7.1 billion. That could make it the costliest work stoppage ever in US history, according to an estimate from a Michigan economic research firm that studies the costs of labor disruptions. The estimate from Anderson Economic Group said

By Olesya Dmitracova and Alex Stambaugh, CNN London/Hong Kong (CNN) — The European Union has lifted all import restrictions on food, including fish, produced near the Fukushima nuclear plant in Japan just as Tokyo prepares to release treated radioactive wastewater into the ocean. The bloc’s move follows positive results from tests carried out on the

By Michelle Toh, Juliana Liu and Teele Rebane, CNN Hong Kong (CNN) — A corruption investigation in Singapore has expanded to include Ong Beng Seng, a hotel tycoon best known for bringing the Formula 1 Grand Prix to the wealthy city state. Ong, managing director of Hotel Properties Limited, was arrested last Tuesday, along with