Money

By Laura He, CNN Hong Kong (CNN) — Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets. The latest round of price cuts adds to a series of

By Eva Rothenberg, CNN New York (CNN) — Generations of American teens have taken the SAT, a blood-pressure-raising multi-hour exam they are told could make or break their academic futures. The longest-enduring standardized college admissions test in the nation, the SAT has faced decades of controversy over bias and criticism for reducing aspiring college students

By Clare Duffy, CNN New York (CNN) — The Mona Lisa can now do more than smile, thanks to new artificial intelligence technology from Microsoft. Last week, Microsoft researchers detailed a new AI model they’ve developed that can take a still image of a face and an audio clip of someone speaking and automatically create

By Brian Fung, CNN (CNN) — House lawmakers have once again passed legislation that could lead to a nationwide TikTok ban, renewing a massive threat to the company’s US operations. The move could fast-track a proposal TikTok has been fighting against for weeks. If the House’s gambit succeeds, TikTok could be forced to find a

By Brian Fung, CNN Washington (CNN) — A potential US ban against TikTok took a major step toward becoming reality on Saturday as House lawmakers approved a hot-button bill targeting the app as part of a wide-ranging aid package for Israel and Ukraine. The bipartisan vote of 360-58 marks the latest defeat for TikTok in

By Bryan Mena, CNN Washington (CNN) — Taylor Swift and Beyoncé raked in some serious concert money in 2023. This year, Swift is continuing her legacy tour and other pop stars such as Olivia Rodrigo and Bad Bunny are taking the stage as Americans are expected to continue spending on live music — though at

By Peter Valdes-Dapena, CNN (CNN) — During the 1990s, a certain type of American car that had existed for decades became virtually extinct. Big, inefficient, not very practical but strikingly showy and handsome, they still evoke a certain period of over-the-top American style. These were cars like the Chrysler Cordoba with its “Corinthian leather” seats

By Ramishah Maruf, CNN New York (CNN) — This year’s musical performer at the Formula 1 United States Grand Prix in Austin, Texas, is so big, Circuit of the Americas (COTA) is offering to buy “early bird” tickets back from buyers and pay ticket holders an extra $50. Similar to a music festival, the Grand

By Manveena Suri, CNN New Delhi (CNN) — Elon Musk has postponed his planned trip to India, citing “very heavy” obligations at Tesla. The Tesla CEO was due to arrive in India next week for a visit that was expected to include a meeting with Prime Minister Narendra Modi and confirmation that Tesla will build

By Chris Isidore, CNN New York (CNN) — Hourly workers at Volkswagen’s plant in Chattanooga, Tennessee overwhelming voted to join the United Auto Workers late Friday, a major breakthrough in the union’s effort to organize workers at plants nationwide. Shortly after 11 pm ET on Friday the National Labor Relations Board, the federal body that

By Samantha Delouya, CNN (CNN) — Not even a beer at the movies is spared from shrinkflation, alleges a lawsuit against Cinemark. And one man is spearheading the fight against what he considers false advertising on his beer pour. The proposed class-action suit, filed this week in a Texas federal court, claims that the theater

By Parija Kavilanz, CNN New York (CNN) — Caitlyn Pratt is an avid Aldi shopper, so much so that she crosses state lines a few times a month, driving 45 minutes from her home in Heavener, Oklahoma to the nearest Aldi in neighboring Arkansas. The distance doesn’t bother her if it means she can do

By Diksha Madhok, CNN New Delhi (CNN) — Tesla may be close to unlocking a massive new market. CEO Elon Musk is due to arrive in India next week for a visit that is expected to include a meeting with Prime Minister Narendra Modi and confirmation that Tesla plans to build a factory in the

By Chris Isidore and Peter Valdes-Dapena, CNN New York (CNN) — Tesla has been ordered to recall nearly 4,000 of its Cybertrucks due to an accelerator pedal that can stick in place when pressed down. The cause, according to the regulator: soap. “An unapproved change introduced lubricant (soap) to aid in the component assembly of

By Chris Isidore, CNN New York (CNN) — Renee Berry has been working at the Volkswagen plant in Chattanooga, Tennessee since 2010, shortly after it opened, long enough to see the majority of her co-workers twice vote against joining the United Auto Workers union. She thinks the third vote taking place this week will be

By Juliana Liu, CNN Hong Kong (CNN) — Apple has removed WhatAapp and Threads from its app store in China, following an order from the country’s internet watchdog which cited national security concerns. “We are obligated to follow the laws in the countries where we operate, even when we disagree,” an Apple spokesperson told CNN