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By Chris Isidore, Hanna Ziady, CNN London/New York (CNN) — An explosion and fire at a major refinery in Texas is sending gas and diesel futures sharply higher in Tuesday trading, adding to the upward pressure on both caused by the war in Iran. The explosion at the Valero facility in Port Arthur, Texas, occurred

By Brian Stelter, CNN (CNN) — Undeterred by a federal judge’s recent rebuke, the Pentagon has announced another set of restrictions on the press corps that regularly covers the US military. The changes will further reduce day-to-day press access, ultimately eroding the public’s understanding of what the military is doing. Under the new rules, announced

By Chris Isidore, CNN (CNN) — Artificial intelligence could widen the problem of income inequality, said BlackRock CEO Larry Fink in his annual letter to shareholders. And, while that might not be a particularly new point of view, his proposed solutions are not as typical. In his letter, released Monday, he said he believes that

By Brian Stelter, CNN (CNN) — “Linda from Arizona,” a caller on a conservative talk radio show, might deserve the credit or blame for the Immigration and Customs Enforcement agents deploying to airports across the United States today. The caller said on “The Clay Travis and Buck Sexton Show” last Friday, “I think I have

By John Towfighi, Chris Isidore, CNN New York (CNN) — Stocks rose and oil prices fell sharply after President Donald Trump on Monday said the United States would postpone further strikes on Iran’s energy infrastructure, pending the outcome of negotiations. The Dow closed higher by 631 points, or 1.38%. The S&P 500 gained 1.15% and

By Alicia Wallace, CNN (CNN) — The national average price for a gallon of regular unleaded gasoline is on the verge of hitting $4 for the first time since 2022. That price level is relative: A $4 gallon of gas would be welcome in California, Washington state or Hawaii, where the state averages run north

By Hanna Ziady, Helen Regan, CNN London/Hong Kong (CNN) — Oil prices slid Monday after President Donald Trump suggested that ongoing talks between the United States and Iran could end the war. Iran, however, denied that talks were taking place. Brent crude, the global oil benchmark, fell more than 7% to around $104 a barrel,

KVRR, US SENATE, CNN By Gordon Ebanks, CNN (CNN) — The war in Iran is pushing up prices for already-strained farmers, with higher costs for fertilizer and energy on top of last year’s tariffs. And the increasing pressure on American agriculture could lead to even bigger price tags at the grocery store. John Yeley, an

By Gordon Ebanks, CNN (CNN) — The war in Iran is pushing up prices for already-strained farmers, with higher costs for fertilizer and energy on top of last year’s tariffs. And the increasing pressure on American agriculture could lead to even bigger price tags at the grocery store. John Yeley, an Illinois farmer who grows

By Liam Reilly, CNN (CNN) — Gerald Rodriguez, the general manager of an NPR affiliate in rural Colorado, expected federal funding for public media to shrink. He didn’t expect it to disappear almost overnight. “What we thought would happen is that they would just cut the funding a little bit,” Rodriguez told CNN. “But, no,

By Jeanne Sahadi, CNN (CNN) — The much-touted new tax breaks for tips, overtime, seniors and car loan interest have a lot of income tax filers expecting a big bump in their refunds this year – or a big cut in their tax bill. That certainly may be the result for some people. But for

By Clare Duffy, Auzinea Bacon, CNN New York (CNN) — A California jury on Friday largely sided with Twitter shareholders who accused billionaire Elon Musk of making false statements and intentionally driving down the social media company’s stock ahead of his $44 billion acquisition in 2022. But they absolved Musk of claims of engaging in

By Hadas Gold, CNN (CNN) — The White House on Friday released its long-awaited national artificial intelligence legislative framework, a move to prevent states from enacting their own laws and enforce the Trump administration’s light-touch approach to AI regulation. The framework stems from an executive order President Donald Trump signed in December that blocked states

By John Towfighi, CNN New York (CNN) — The war with Iran is disrupting global oil flows, damaging energy infrastructure and raising fears of prolonged conflict. But gold, usually considered a safe haven during periods of economic uncertainty, has slumped. Gold dropped 11% this week, posting its biggest weekly loss since 1983. The yellow metal

By Brian Stelter, CNN (CNN) — CBS News is shutting down CBS News Radio and laying off about 6% of its entire workforce, with executives explaining the cuts as a difficult but necessary reallocation of newsroom resources. The news division currently has about 1,100 employees, so dozens will be departing as a result of Friday’s