Money

By Jeanne Sahadi, CNN (CNN) — As part of his effort to gain control over the Federal Reserve, President Donald Trump is attempting to fire Fed Governor Lisa Cook based on allegations that she may have committed mortgage fraud. No charges have been filed against Cook as of this writing. But she has filed a

CNN By Bryan Mena, CNN Washington (CNN) — The US economy’s rebound in the second quarter was stronger than previously reported, thanks to consumers who stepped up their spending despite jitters over President Donald Trump’s trade war. Gross domestic product, which measures all the goods and services produced in the economy, registered an annualized rate

By Bryan Mena, Katelyn Polantz, Devan Cole, CNN Washington (CNN) — Federal Reserve Governor Lisa Cook is suing to keep her job on the board, which helps set interest rates, after President Donald Trump said he was removing her from her role earlier this week. Cook’s lawsuit, filed Thursday morning in federal court in Washington,

By Bryan Mena, CNN Washington (CNN) — The US economy’s rebound in the second quarter was stronger than previously reported, thanks to consumers who stepped up their spending despite jitters over President Donald Trump’s trade war. Gross domestic product, which measures all the goods and services produced in the economy, registered an annualized rate of

By Ryan Hogg, CNN London (CNN) — Tesla sales plunged again in Europe in July as car buyers continued their migration to Chinese rival BYD. Elon Musk’s carmaker sold 6,600 models in the EU in July, a 42.4% fall from the same month last year, according to data from the European Automobile Manufacturers’ Association (ACEA).

By Liam Reilly, CNN (CNN) — Fox and YouTube TV reached a distribution deal late Thursday night, allowing Fox’s content to remain on the platform. “We’re happy to share that we’ve reached an agreement with Fox to keep their content on YouTube TV, preserve the value of our service for our subscribers and offer more

CNN By Clare Duffy, CNN New York (CNN) — The parents of 16-year-old Adam Raine have sued OpenAI and CEO Sam Altman, alleging that ChatGPT contributed to their son’s suicide, including by advising him on methods and offering to write the first draft of his suicide note. In his just over six months using ChatGPT,

By Clare Duffy, CNN New York (CNN) — After a stunning streak that saw Nvidia blow Wall Street’s projections out of the water quarter after quarter, the chipmaker on Wednesday reported revenue for the July quarter that was essentially in line with expectations. Investors aren’t loving it — the company’s shares dipped as much as

By Kathleen Magramo, CNN (CNN) — Japan, Australia, Taiwan and Mexico have joined a growing list of places suspending some parcel shipments to the United States following the implementation of new rules under President Donald Trump’s administration that will end tariff exemptions. The “de minimis” exemption, which allowed shipments of goods worth $800 or less

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump made good on his threat to double tariffs on imports from India to 50%, a move that could endanger relations with one of America’s most important trading partners and send consumer prices higher. This comes just weeks after Trump instituted a new 25% baseline tariff on

By Ramishah Maruf, CNN New York (CNN) — After days of intense backlash, most recently from President Donald Trump, Cracker Barrel is scrapping its new minimalist logo. “We thank our guests for sharing your voices and love for Cracker Barrel. We said we would listen, and we have. Our new logo is going away and

By Clare Duffy, CNN New York (CNN) — The parents of 16-year-old Adam Raine have sued OpenAI and CEO Sam Altman, alleging that ChatGPT contributed to their son’s suicide, including by advising him on methods and offering to write the first draft of his suicide note. In his just over six months using ChatGPT, the

By Lisa Eadicicco, CNN (CNN) — Apple is holding an event on September 9, the company said in an invitation to the press Tuesday, where it will likely announce the iPhone 17 and new Apple Watches, among other potential new devices. Apple rarely shares details about future products before announcing them, but the company has

By Elisabeth Buchwald, CNN (CNN) — Federal Reserve Governor Lisa Cook’s attorney, Abbe Lowell, announced on Tuesday he is filing a lawsuit to challenge President Donald Trump’s attempt to fire her on Monday evening. “President Trump has no authority to remove Federal Reserve Governor Lisa Cook. His attempt to fire her, based solely on a

By Chris Isidore, CNN (CNN) — It might not feel like fall. Beaches are still full this week ahead of Labor Day, and school hasn’t started in much of the country. Temperatures are still in the 80s in some places. But at Starbucks, fall arrives Tuesday, with the return of the Pumpkin Spice Latte –

By Gordon Ebanks, CNN (CNN) — Thousands of jobs are in jeopardy after the White House halted construction on a nearly complete wind farm in Rhode Island, the latest volley by the Trump administration against wind power. Danish clean energy company Ørsted, one of the project’s developers, received an order late Friday from the Bureau