Money

By Brian Stelter, CNN (CNN) — The White House Correspondents’ Association has asked President Donald Trump’s administration to “work with us on a protocol for handling extraordinary security circumstances in the future,” now that his secret plane switch last month has been revealed by leaks to news organizations. Fox News anchor and senior White House

By David Goldman, Matt Egan, CNN (CNN) — Wall Street has begun to embrace Trump Media and Technology Group’s newest product: instant access to President Donald Trump’s Truth Social posts. Truth Social owner Trump Media, in its first-ever earnings call with analysts Monday evening, said it has signed more than 10 customer agreements, mostly with

By Anna Cooban, CNN London (CNN) — Nvidia is joining forces with Wall Street to allow its customers borrow more than half a trillion dollars to build AI infrastructure. The US chipmaker announced on Monday that it had signed a preliminary agreement with heavyweight institutional investors Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to

By John Towfighi, CNN New York (CNN) — Will the Federal Reserve raise interest rates or hold them steady at its meeting next month? For the market, it’s a coin flip: Odds of a rate hike in September are near 50%, while odds of keeping rates steady are near 50%, according to CME FedWatch, a

By Lisa Eadicicco, Hadas Gold, CNN (CNN) — Meta is taking a stance on one of the biggest debates shaping the future of artificial intelligence: Should AI models be open for anyone to tinker with and modify, or should they be tightly controlled by the companies making them? For Meta CEO Mark Zuckerberg, the answer

By Jordan Valinsky, CNN New York (CNN) — 7UP, which popularized lemon-lime flavoring when it rolled out nearly a century ago, is changing its taste for the first time in 15 years. The soda is permanently reformulating its recipe as it faces increased competition, slightly reducing lemon for a “lime-forward” taste in response to younger

By Avni Trivedi, Hanna Park, CNN (CNN) — The Powerball jackpot has risen to an estimated $975 million after nobody took the grand prize in Monday night’s drawing, which soared to the eighth-largest prize in history. The winning numbers drawn were 6, 37, 54, 55, 64, and a red Powerball 10, with a Power Play

By Lisa Eadicicco, CNN (CNN) — Cases of AI escaping the lab, infiltrating other companies and trying to deceive people have all made headlines in recent weeks. And in one case, AI models even worked together to break free from their test environments. Does this mean the machines are taking over? Not quite. AI isn’t

By David Goldman, Matt Egan, CNN (CNN) — David Goldman and Matt Egan report on the economy for CNN. This is their text conversation about this month’s job report. David Goldman: Hey, Matt! The jobs report on Friday came in…less than good, let’s say. Are we back in this “meh-conomy,” where we have stagnant job

By Bryan Mena, CNN (CNN) — Despite AI skills and more than a decade of management experience in technology, Juan Ruiz has struggled to switch jobs in a state known for its tech scene: California. Ruiz has been looking for a new job with more pay since October 2024, sending out hundreds of applications, he

By Bryan Mena, Molly English, CNN Washington (CNN) — The White House is renewing its effort to remove Lisa Cook from the Federal Reserve’s Board of Governors, according to a letter addressed to her attorney obtained by CNN. The letter, dated August 5, said there is “sufficient reason to believe that you have made false

By Michael Ballaban, CNN (CNN) — Ford is the undisputed global leader in pickup trucks. The F-Series is the best-selling vehicle in the US – of any kind – since 1981. Its latest pickup, the Ford Fathom, will cost a downright cheap $28,350, which should set it up to be a massive seller. And it

By Alicia Wallace, CNN (CNN) — A summer hiring slump dogged the US labor market in July as the economy unexpectedly lost 23,000 jobs, according to new data released Friday by the Bureau of Labor Statistics. The unemployment rate dropped to 4.1% from 4.2% as more people left the labor force. July’s job gains marked

By Ramishah Maruf, CNN New York (CNN) — Meta must tighten controls on children’s accounts and pay $567 million into a fund to remedy its role in a youth mental health crisis, a New Mexico judge ordered Thursday, in a ruling that dealt the social media giant another hefty penalty and compared it to polluting

By John Towfighi, CNN New York (CNN) — More than 900 million SpaceX shares unlocked Thursday, more than doubling the publicly available shares in Elon Musk’s space and AI company and testing investors’ interest in holding a stock that’s struggled since a record-breaking IPO nearly two months ago. A lockup expiry enables some employees and

By Isa Mudannayake, Hanna Park, CNN (CNN) — The Powerball jackpot has risen to an estimated $905 million after nobody took the grand prize in Saturday night’s drawing. The winning numbers were 5, 9, 35, 54, 63 and red Powerball 7, with a Power Play multiplier of 3. While no one snagged the $856 million

By Isa Mudannayake, CNN (CNN) — Over a million tickets were sold as hopeful players tried their luck, but no one scored in Wednesday’s Powerball jackpot, sending the prize soaring to an estimated $856 million. The next drawing for what would be the eighth highest jackpot in the game’s history is set for Saturday night.

By Brian Stelter, Liam Reilly, CNN (CNN) — The FCC voted on Thursday to remove the cap on TV station ownership in the US, delivering a big win to media companies aligned with President Donald Trump and the Republican Party. Supporters of the cap immediately said they will challenge the FCC’s action in court. They

By Alicia Wallace, CNN (CNN) — When the latest official jobs report is released on Friday, economists are expecting it to show that hiring picked up in July and that the unemployment rate held steady at 4.2%. Economists’ estimated monthly employment gains of 97,500 jobs would mark an increase from June’s lower-than-expected 57,000 jobs added.

By Anna Cooban, CNN London (CNN) — The British government has cleared Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery, saying it had received assurances from the company over media diversity. On Thursday, the UK’s anti-trust regulator said that it had decided not to further investigate the deal, weeks after British culture minister Lisa