By John Towfighi, CNN New York (CNN) — Gold is having its best year since 1979. Gold futures traded in New York have soared almost 71% this year, on pace for their best annual gain in 46 years. The last time gold had such a strong year, Jimmy Carter was president, a crisis was unfolding
Continue ReadingBy Chris Isidore, CNN (CNN) — For years, a huge Amazon contract has been one of the few bright spots in the US Postal Service’s finances. But now the USPS plans to offer those last-mile services to additional customers to stem billions in ongoing losses – a move that risks losing its biggest customer. The
Continue ReadingBy Toni Odejimi, CNN (CNN) — Lottery hopefuls can try their luck for the estimated $1.7 billion Powerball jackpot in Wednesday’s drawing after no winners took home the grand prize Monday night. Monday night’s winning numbers were 3, 18, 36, 41 and 54, with a Powerball of 7 and a Power Play multiplier of two,
Continue ReadingBy John Liu, CNN Hong Kong (CNN) — One of China’s most popular short-video and streaming platforms was flooded with porn and violent content earlier this week, sparking outrage and bafflement in a nation where the internet is tightly controlled. Kuaishou, a major rival of TikTok’s Chinese version Douyin, suffered a cyberattack around 10 p.m.
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By Elisabeth Buchwald, CNN (CNN) — An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department data released Tuesday. That’s the fastest growth rate in two years. An acceleration
Continue ReadingBy John Liu, CNN (CNN) — Chinese-made drones have dominated the skies in the United States for years, with private owners, police departments, and firefighters deploying them nationwide. But a new rule by the Federal Communications Commission on Tuesday will make it impossible for US consumers to buy the next generation of these drones. The
Continue ReadingBy Brian Stelter, CNN (CNN) — CBS News editor in chief Bari Weiss decided to shelve a planned “60 Minutes” story titled “Inside CECOT,” creating an uproar inside CBS, but the report has reached a worldwide audience anyway. On Monday, some Canadian viewers noticed that the pre-planned “60 Minutes” episode was published on a streaming
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By Brian Stelter, CNN (CNN) — Earlier this month, after President Donald Trump blasted “60 Minutes” for interviewing Marjorie Taylor Greene, correspondents noticed a change behind the scenes. “Bari Weiss got personally involved,” specifically with stories about politics, a source at the program told CNN. It was her prerogative as the new editor-in-chief of CBS
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By David Goldman, CNN (CNN) — Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to bankroll the transaction. The Ellisons will also let shareholders peer into the finances of their family
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CNN By Samantha Delouya, CNN Los Angeles (CNN) — Often strung from utility poles or buried beneath our feet, copper wire has played a critical role in powering America’s electrical grid for more than a century. But brazen thefts are threatening the grid, with thieves climbing onto car roofs to cut down telephone lines or
Continue Reading By Samantha Delouya, CNN Los Angeles (CNN) — Often strung from utility poles or buried beneath our feet, copper wire has played a critical role in powering America’s electrical grid for more than a century. But brazen thefts are threatening the grid, with thieves climbing onto car roofs to cut down telephone lines or prying
Continue ReadingBy Jeanne Sahadi, CNN (CNN) — You don’t get labeled the “Oracle of Omaha” for nothing. As one of the world’s most successful investors, Warren Buffett’s views on markets, companies and the economy have always been of great interest on Wall Street and Main Street. Now 95, Buffett is stepping down as CEO of Berkshire
Continue ReadingBy Matt Egan, CNN New York (CNN) — The Trump business empire’s expansion into nuclear fusion is alarming ethics experts, who warn it poses glaring conflicts of interest and risks the federal government playing favorites in what could be the holy grail of clean energy. Trump Media & Technology Group (DJT) shocked Wall Street last
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By Susannah Cullinane, CNN (CNN) — There were no jackpot winners in Monday’s Powerball drawing, pushing the grand prize up to an estimated $1.7 billion for the game’s next drawing – on Christmas Eve. Monday night’s winning numbers were 3, 18, 36, 41, 54 and red powerball 7, with a Power Play multiplier of 2.
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By Brian Stelter, CNN (CNN) — CBS News suddenly shelved a “60 Minutes” segment featuring the accounts of Venezuelan men deported by the Trump administration to a notorious maximum-security prison in El Salvador. Now one of its own correspondents fears the program is being “dismantled,” and some employees are threatening to quit. The correspondent who
Continue ReadingBy Auzinea Bacon, CNN (CNN) — Popular Kentucky bourbon maker Jim Beam plans to pause production at its main distillery on January 1, according to the James B. Beam Distilling Co. The decision comes as Kentucky faces an increasing supply of aging barrels and uncertainty over President Donald Trump’s trade wars. Kentucky has an all-time
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By Auzinea Bacon, CNN (CNN) — Moviegoers escaped into director James Cameron’s sci-fi universe this weekend, driving the third installment of the “Avatar” franchise to an estimated $88 million domestically. The opening was shy of analysts’ expectations that it could earn more than $100 million in its first weekend. The first “Avatar” movie debuted in
Continue Reading WALT DISNEY PICTURES, PARAMOUNT PICTURES, LIONSGATE, ANGEL STUDIOS, 20TH CENTURY STUDIOS, CNN By Auzinea Bacon, CNN (CNN) — Moviegoers escaped into director James Cameron’s sci-fi universe this weekend, driving the third installment of the “Avatar” franchise to an estimated $88 million domestically. The opening was shy of analysts’ expectations that it could earn more than
Continue ReadingBy Auzinea Bacon, CNN (CNN) — Emilie Nasseh, a 30-year-old living in Manhattan, has made up to $2,000 a month through an unconventional side hustle: renting her clothes and accessories. Nasseh uses Pickle, a peer-to-peer clothing rental app where users share their wardrobes for profit. Some lenders may also list their clothes for sale. Among
Continue ReadingBy Gordon Ebanks, CNN (CNN) — As America’s labor market slows, AI-led interviews and auto-generated cover letters are dramatically changing the process of getting a job. And maybe not for the better. More than half of the organizations surveyed by the Society for Human Resource Management used AI to recruit workers in 2025. And an
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