Money

By Tami Luhby, CNN (CNN) — President Donald Trump has repeatedly promised that Americans will get larger tax refunds this year thanks to his “big, beautiful bill.” But now his war with Iran – and the resulting spike in gas prices – could wipe out a sizeable slice of that windfall for many folks, depending

By John Liu, CNN Hong Kong (CNN) — Oil prices dipped Friday but remained well above $100, with energy infrastructure in the Middle East damaged and the vital Strait of Hormuz still largely shut. Goldman Sachs even suggested that higher prices could last all the way through 2027. Brent crude, the global oil benchmark, ticked

By Liam Reilly, CNN (CNN) — A Nashville-based Colombian reporter was released from Immigration and Customs Enforcement custody on bond Thursday after her arrest earlier this month. Estefany Rodríguez, a Spanish-language reporter for Nashville Noticias who often covers immigration, was released from a Louisiana detention facility after posting a $10,000 bond. Her release comes just

By Elisabeth Buchwald, CNN (CNN) — Kevin Warsh’s path to becoming the next Federal Reserve chair is already rocky — and it may be approaching a major roadblock, casting fresh uncertainty about who will be leading the central bank at a critical moment for the economy. Nearly two months have passed since President Donald Trump

By Samantha Delouya, CNN (CNN) — The war in Iran is driving up the cost of buying a home in America. The average 30-year fixed mortgage rate rose to 6.22% this week, up from 6.11% the week before. It’s the highest level since early December, reflecting the inflation fears rippling through markets. Less than a

By Brian Stelter, CNN (CNN) — Nexstar says it has completed its acquisition of Tegna, uniting two of the largest TV station ownership groups in the United States. But the deal still faces legal scrutiny: Eight state attorneys general have filed an antitrust lawsuit to block the acquisition. The state officials, led by California Attorney

By Samantha Delouya, CNN (CNN) — Property brokerage Compass on Wednesday dropped its lawsuit against Zillow, ending a legal clash over how home listings can be marketed online. For the past few years, Compass — now the largest real estate brokerage in the world — has encouraged agents to use “coming soon” listings as part

CNN By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday kept interest rates unchanged, as expected, but noted the “uncertain” impact to the US economy from the US-Israeli war with Iran. Still, Fed officials are betting that the disruptions in global energy markets will likely be short lived, with the big caveat

By Jeanne Sahadi, CNN (CNN) — The Federal Reserve’s decision Wednesday to leave its key overnight lending rate unchanged for the second time this year was expected. But in addition to a disappointing February jobs report and other data, the Fed had to consider a new factor creating economic uncertainty: the attacks on Iran by

By Hanna Ziady, David Goldman, CNN London/New York (CNN) — Oil and natural gas prices spiked Wednesday following reports of the first attacks on Iranian production facilities in the war, including the world’s biggest natural gas field. The incidents mark a major escalation in the conflict, which has so far largely spared Iran’s energy infrastructure.

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday kept interest rates unchanged, as expected, but noted the “uncertain” impact to the US economy from the US-Israeli war with Iran. Still, Fed officials are betting that the disruptions in global energy markets will likely be short lived, with the big caveat that

By Hadas Gold, CNN (CNN) — Nearly 150 retired federal and state judges have filed an amicus brief on Tuesday supporting AI company Anthropic in its lawsuit against the Trump administration for designating it a “supply chain risk,” CNN has learned. The former judges, appointed by both Republicans and Democrats, join a growing list of

By Brian Stelter, CNN (CNN) — A federal judge says the Trump administration must let more than 1,000 sidelined Voice of America employees return to work by next week. Tuesday’s ruling came almost exactly one year after President Donald Trump set out to dismantle VOA and the rest of the US Agency for Global Media.

By Anna Cooban, CNN London (CNN) — Attacks on commercial ships in the Middle East this month have all but closed the vital Strait of Hormuz to tankers, upending the oil market and sending producers in search of other routes to get their fuel to buyers around the world. One of the few alternatives goes

By Jordan Valinsky, CNN New York (CNN) — When Mona Panjwani opened One40 Rooftop, an upscale restaurant in lower Manhattan last year, one of her first big decisions was choosing the reservation platform. She knew the right choice could help attract attention in a competitive dining scene during a tough economic environment. “This is my

By Hanna Ziady, CNN London (CNN) — Oil prices rebounded Tuesday and US gas prices rose as Iran intensified its attacks on energy infrastructure across the Middle East and a senior regime figure suggested that the crucial Strait of Hormuz wouldn’t become safe for ships anytime soon. Brent crude, the global oil benchmark, rose 3%

By Tami Luhby, CNN (CNN) — Drivers looking for some relief at the pump likely won’t get any help from their state during the current spike in gas prices. When Russia’s invasion of Ukraine caused gas prices to skyrocket in early 2022, five states temporarily suspended their gas taxes, and at least three states paused

By Hadas Gold, CNN (CNN) — Tech giant Nvidia, the world’s most valuable company and the poster child of the AI boom, is banking its future on the rise of AI agents. The company on Monday announced a slew of software and hardware updates to encourage the development of AI agents, or AI assistants that