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By Bryan Mena, CNN Washington (CNN) — The Federal Reserve’s response to the US-Israeli war on Iran largely hinges on how the conflict affects Americans’ expectations about inflation, Chair Jerome Powell said Monday. “The tendency is to look through any kind of a supply shock,” he said during a moderated conversation hosted by Harvard University.

By Hanna Ziady, John Towfighi, CNN London/New York (CNN) — Oil prices rose Monday, with US crude oil settling above $100 per barrel for the first time since July 2022, after comments by President Donald Trump and strikes against Israel by Iran-backed Houthi rebels deepened fears that the Middle East conflict may escalate further. WTI,

By Clare Duffy, CNN New York (CNN) — Online safety advocates hope landmark trial verdicts this week can bring change to social media platforms they have warned about for years, after juries found Meta (and YouTube in one case) responsible for harms to kids and teens. “We’ve been telling our stories forever and people say,

CNN By John Towfighi, CNN New York (CNN) — US stocks slid and the Dow closed in correction Friday as uncertainty about the duration of the war with Iran and nerves about energy inflation continued to weigh on markets. The Dow fell 793 points, or 1.73%, and closed at 45,167, down 10% from its peak

By John Towfighi, CNN New York (CNN) — US stocks slid and the Dow closed in correction Friday as uncertainty about the duration of the war with Iran and nerves about energy inflation continued to weigh on markets. The Dow fell 793 points, or 1.73%, and closed at 45,167, down 10% from its peak above

By Bryan Mena, CNN Washington (CNN) — Americans are growing more pessimistic about the US economy as the war on Iran continues to roil markets, with sentiment falling across all income groups — including the wealthiest. Consumer sentiment declined 6% this month to a final reading of 53.3, the University of Michigan said Friday, a

By Lisa Eadicicco, CNN Seattle, Wash. (CNN) — Matt Garman helps make your online life – your Starbucks order, your Netflix binge, your Pinterest browsing– possible. As the CEO of Amazon’s cloud computing division, he plays a major role in deciding how to deploy the computing resources needed to drive the internet – a responsibility

By Hadas Gold, Devan Cole, CNN (CNN) — A federal judge in California has indefinitely blocked the Pentagon’s effort to “punish” Anthropic by labeling it a supply chain risk and attempting to sever government ties with the AI company, ruling that those measures ran roughshod over its constitutional rights. “Nothing in the governing statute supports

By Samantha Delouya, CNN (CNN) — The US housing market was supposed to turn a corner this year, but economic uncertainty and a jump in mortgage rates fueled by the US-Israeli war in Iran are complicating affordability for American homebuyers. After years of sluggish sales, economists expected 2026 to bring lower mortgage rates and more

By John Towfighi, CNN New York (CNN) — The war in Iran and the spike in energy prices have rattled global markets, impacting not just stocks but also safe havens like bonds, gold and currencies. That’s leaving investors with fewer places to hide. The Dow, S&P 500 and Nasdaq are each set for their worst

By Chris Isidore, CNN (CNN) — Yustine Chang and her husband only have half the concern about gas prices they did a week ago. The soaring price of gas near their Southern California home wasn’t the only reason they replaced their eight-year-old Mercedes C-class sedan with their first electric vehicle, a Rivian R1 SUV. But

By Brian Stelter, CNN (CNN) — For critics of tech companies like Meta and Google, Wednesday’s verdict in the social media addiction trial has been literally years in the making. Parents, child safety experts and some lawmakers said the finding of liability was a long-overdue moment of accountability. “For the parents whose children died as

CNN By Clare Duffy New York (CNN) — A California jury has found Meta and YouTube liable on all counts in a landmark case that accused the tech giants of intentionally addicting a young woman and injuring her mental health. Meta and YouTube were negligent in the design of their platforms, knew their design was

By Brian Stelter, CNN (CNN) — As she prepares to return to the “Today” show, Savannah Guthrie has taped an interview with Hoda Kotb, her longtime friend and colleague. The sit-down will air Thursday and Friday on “Today.” It will be Guthrie’s first interview since her mother, Nancy Guthrie, went missing, the victim of an

By Tami Luhby, CNN (CNN) — For Sarah Lawhun, the soaring price of gas means she’s eating one less meal a day. A careful budgeter, Lawhun has spent nearly $70 more at the pump this month. She’s trying to offset the increase by skipping lunch at her job as an environmental scientist, saving her about