Money

By Nathaniel Meyersohn, CNN New York (CNN) — I knew when I emailed the Equinox manager complaining about the hulking, rarely used Nautilus machine that my gym obsession had gotten out of hand. “Since most people use that floor space for functional and strength training, would you guys be able to find another home for

By Hanna Ziady, CNN London (CNN) — The European Union has fined Google €890 million ($1 billion) for breaching rules designed to promote competition in digital services, the first time the company has been penalized under the bloc’s landmark Digital Markets Act (DMA). The fines highlight Europe’s resolve to rein in the power of Big

By Allison Morrow, CNN New York (CNN) — The most popular trade on Wall Street for the past couple of years has been a simple one: Buy Big Tech and ride the AI wave. But a more contrarian (and risky) strategy is making a comeback: short selling, or betting that a stock will go down.

By Clare Duffy, CNN New York (CNN) — Meta will avoid trial in a second lawsuit accusing it of intentionally addicting and harming a teen. The plaintiff dropped the case on Wednesday, days before trial was set to begin. A Florida teenager going by his initials, R.K.C., sued Meta, TikTok, YouTube and Snap in 2023,

By Lianne Kolirin, CNN (CNN) — Elon Musk has said that his AI platform Grok Imagine will make a full-length, “historically accurate” film of the Odyssey in the coming months. The tech trillionaire made the statement on his social media platform X on Wednesday, just days after Christopher Nolan’s blockbuster version of the ancient Greek

By Hadas Gold, CNN (CNN) — OpenAI says some of its experimental AI models left a test environment with no human direction and hacked its way onto a different company’s real production systems while trying to “cheat” on a cybersecurity test. It’s one of the first publicly disclosed examples of an AI system autonomously breaching

By Lisa Eadicicco, CNN (CNN) — The nearly decades-long battle between Apple and Samsung for smartphone dominance may soon enter a new phase. Samsung on Wednesday introduced three new foldable phones, including a redesigned model called the Galaxy Z Fold 8 that it hopes will appeal to a broader audience. The fresh design comes at

By Chris Isidore, CNN (CNN) — Elon Musk is now a trillionaire. Is his next big move a merger between Tesla and SpaceX into a $3 trillion behemoth? Following SpaceX’s splashy record-setting public offering last month, that’s the big question on many investors’ minds. But Musk’s call with shareholders on Wednesday provided few answers. When

By David Goldman, CNN (CNN) — The Houthis’ blockade of the Bab al-Mandeb strait couldn’t have come at a worse time for the oil market. Iran’s proxies in Yemen have threatened to cut off a major bypass of the Strait of Hormuz, through which oil tanker traffic has slowed dramatically in recent days. So far,

By Anna Cooban, CNN London (CNN) — The temperature was 92 degrees Fahrenheit. The sweat, profuse. And I was walking toward an exhibition about the “obesity experience” on London’s bustling riverside funded by a $220 billion pharmaceutical company. It was day two of two. In a few hours’ time, the exhibition, designed as a maze,

CNN By Elisabeth Buchwald, Stephanie Yang, CNN (CNN) — President Donald Trump on Monday announced sweeping tariffs against Canada, threatening to reignite a trade battle with one of America’s closest allies and top economic partners. The 50% tariffs on certain Canadian goods, including electrical equipment and machinery, are among the steepest tariffs his administration has

By Elisabeth Buchwald, CNN (CNN) — Americans are making fewer visits to food chains with lettuce-heavy menus as concerns mount over the cyclospora outbreak. Last week, the Food and Drug Administration and the Centers for Disease Control and Prevention linked lettuce served at some Taco Bell restaurants to the widespread outbreak of the diarrhea-causing parasite.

By Brian Stelter, CNN (CNN) — A federal judge has granted a temporary restraining order pausing Paramount’s takeover of Warner Bros. Discovery, CNN’s parent company. Judge Araceli Martínez-Olguín’s Monday ruling puts the media mega-merger on hold for two weeks while she considers a broader antitrust legal challenge brought by a coalition of 12 state attorneys

By Jordan Valinsky, CNN New York (CNN) — The future for big booze might be smaller — literally. Jameson maker Pernod Ricard, Patrón owner Bacardi Limited and Kendall Jenner’s 818 Tequila are just a few of the alcohol companies expanding their mini bottle selections. Shoppers looking to stretch a dollar are increasingly choosing smaller packages

By Chris Isidore, CNN (CNN) — The average price US drivers pay for a gallon of gas hit $4 on Monday, as fighting between the United States and Iran intensified, further disrupting oil flows through the Strait of Hormuz. The average price is now just above $4 a gallon, according to AAA. Gas first crossed

By Chris Isidore, CNN (CNN) — A quick glance at US electric vehicle sales might give the impression EVs are a niche product, unable to shake Americans’ love affair with gas-powered trucks and SUVs. The recent spike in gas prices did little to lift sales, and the elimination of some tax incentives last year cut

By Isabelle LaBianco (CNN) — Ice cream prices are cooling off at the cash register ahead of National Ice Cream Day. Even as summer heat drives up the demand for frozen treats, the average price of a half-gallon ice cream container in the US was below $6 last month, according to data released Tuesday by