Money

By Gordon Ebanks, CNN (CNN) — Scouting America, the organization formerly known as the Boy Scouts, is giving scouts the chance to earn two merit badges that engage new technology: one in artificial intelligence, and another in cybersecurity. The organization, which counts about a million scouts in its ranks, offers hundreds of merit badges spanning

By Clare Duffy, CNN New York (CNN) — Billionaire investor Frank McCourt, an early bidder for TikTok, told CNN last month he is looking into whether the White House-brokered agreement for a majority-American investor group to buy the app’s US assets is legal. While McCourt said “it’s too early to say” whether he would seek

By Brian Stelter, CNN (CNN) — The Pentagon is telling beat reporters to sign restrictive new rules by Tuesday or surrender their press passes by Wednesday. Virtually every news outlet is rejecting the ultimatum and saying they will not sign. The Pentagon Press Association, a body that represents the beat reporters, says the new policy

By John Towfighi, CNN New York (CNN) — Cryptocurrencies plunged in value on Friday in a short but significant flash crash, leaving investors with billions of dollars in losses and highlighting the volatility associated with the industry. Traders were jolted after President Donald Trump threatened new tariffs on imports from China, sparking a sell-off in

By Lisa Eadicicco, CNN (CNN) — OpenAI is partnering with Broadcom to design and develop 10 gigawatts of custom AI chips and systems, a massive amount of power that will use as much electricity as a large city. The move further highlights just how power intensive the AI boom has become. It’s the latest partnership

By Jordan Valinsky, CNN New York (CNN) — JPMorgan Chase on Monday announced a massive investment plan that places a substantial bet on industries it thinks are critical to the United States’ economic security. As part of the decade-long initiative, the bank said it’s investing $10 billion in select companies that are primarily based in

By John Liu, John Towfighi, CNN New York/Hong Kong (CNN) — US stocks rebounded sharply on Monday after Friday’s widespread sell-off as investors tried to temper their concerns about renewed US-China trade tensions. The Dow rose 588 points, or 1.29%. The S&P 500 gained 1.56%. The tech-heavy Nasdaq Composite rose 2.21%. The S&P 500 and

By Auzinea Bacon, CNN (CNN) — Disney’s “Tron: Ares” revved up to gross about $33.5 million at the domestic box office, notching the top spot for the weekend. The third installment of the decades-old “Tron” franchise fell short of analysts’ expectations of a more than $40 million opening. The sci-fi adventure film reportedly had a

AFFIRM FILMS, UNIVERSAL PICTURES, WARNER BROS. PICTURES, PARAMOUNT PICTURES, WALT DISNEY PICTURES, CNN By Auzinea Bacon, CNN (CNN) — Disney’s “Tron: Ares” revved up to gross about $33.5 million at the domestic box office, notching the top spot for the weekend. The third installment of the decades-old “Tron” franchise fell short of analysts’ expectations of

By Bryan Mena, CNN Washington (CNN) — The Trump administration is bailing out Argentina in a move critics are saying has more to do with politics than economics or American interests. That means $20 billion US taxpayer dollars will be used to bail out a country led by a close ally of President Donald Trump:

By Auzinea Bacon, CNN (CNN) — Tech giant Nvidia is the world’s leading artificial-intelligence chipmaker, but the company’s success has also put it in the crossfire of trade tensions. The Santa Clara, California-based company, which is approaching a market capitalization of $5 trillion, has seen rapid growth due to its chips, which are predominantly used

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump announced he will impose an additional 100% tariff on goods from China, on top of the 30% tariffs already in effect, starting November 1 or sooner. The threat is a massive escalation after months of a trade truce between the two nations. “The United States of

By Vanessa Yurkevich, CNN New York (CNN) — Build-A-Bear Workshop, the nearly 30-year-old toy brand, is having a breakout moment, eclipsing some of Wall Street’s biggest winners by targeting customers across a broad age range. The toy company’s revenue grew 11% in the second quarter to a record $124.2 million, and it even raised full-year

By John Towfighi, CNN New York (CNN) — US stocks closed sharply lower Friday after President Donald Trump threatened to hike tariffs on imports from China, reigniting fears of a trade war that rocked global markets earlier this year. The Dow fell 879 points, or 1.9%. The broader S&P 500 dropped 2.71% and the tech-heavy