Money

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump late Tuesday postponed his threat of a 50% tariff on a wide range of Canadian goods that was set to take effect at midnight and would have affected roughly $20 billion worth of imports. “We’ve come to a deal with Canada,” Trump told reporters Wednesday morning

By John Liu, CNN (CNN) — Doomscrolling on an iPhone, firing endless questions at ChatGPT, or streaming a 4K film on Netflix on your laptop – behind these modern life conveniences lies a high-stakes contest between two Asian technology powers. For decades, South Korea and Taiwan have been locked in a cut-throat battle for supremacy

By Samantha Delouya, CNN (CNN) — The $1.9 billion collapse of subprime auto lender Tricolor last year was fueled by a multiyear fraud involving its executives, the Securities and Exchange Commission alleged in charges announced Tuesday. Texas-based Tricolor, which went bankrupt in September 2025, specialized in loans and car sales to buyers without Social Security

By David Goldman, CNN (CNN) — The battle for control of the Strait of Hormuz has become the focal point of the Iran war. Over the past several months, both Iran and the United States have claimed the upper hand – and the competing rhetoric has caused considerable confusion and doubt. At the moment, however,

By Hadas Gold, CNN (CNN) — OpenAI is unveiling new, stronger security safeguards around its training and testing in light of new model capabilities and a spate of incidents in which artificial intelligence systems hacked into other companies. The company first disclosed in July that during a cybersecurity exam, a combination of its AI agents

By John Towfighi, CNN New York (CNN) — Investors’ concerns over issues like inflation and hefty government deficits, plus more competition from corporate bonds, are driving a global bond market sell-off, pushing up borrowing costs for governments and everyday people alike. The 30-year US Treasury yield on Tuesday hit its highest level since 2007, rising

By Chris Isidore, CNN (CNN) — Did you ever fly on Spirit Airlines? Or work there? Or send an email to someone who worked there? Then your information will soon be feeding Google’s artificial intelligence model. The discount airline halted all operations in May, and it’s been selling off its remaining assets through the bankruptcy

By Brian Stelter, CNN (CNN) — Disney is going to court to defend its ABC television stations from the Trump administration’s pressure campaign. On Tuesday, the media company filed a lawsuit in federal court alleging that Trump’s FCC is violating its First Amendment rights. The administration “has waged a retaliatory campaign against ABC for a

By Clare Duffy, CNN New York (CNN) — Meta’s business relies on hooking young people and exploiting their data and attention, a lawyer for a group of state attorneys general argued in opening statements for the latest blockbuster trial against the social media giant on Tuesday. The trial could be Meta’s most consequential legal fight

By Clare Duffy, CNN New York (CNN) — OpenAI is rolling out a new “ChatGPT for Teens” experience that it says will provide additional safety protections for teen users. The move comes as OpenAI faces a string of lawsuits alleging that inappropriate conversations with ChatGPT contributed to the harm or deaths of young people. The

By John Liu, CNN (CNN) — Shares of the world’s largest humanoid robot maker by sales Unitree jumped more than 600% in its trading debut in Shanghai on Wednesday, in a testament to its status as the poster child of China’s robotic advancement. Having captured global attention with its dancing and kung-fu fighting androids, Unitree

By Ramishah Maruf, Matt Egan, CNN New York (CNN) — Family drama is swirling around the sale of the Los Angeles Lakers. Jeanie Buss, the controlling owner and CEO of the storied basketball organization, is opposing the sale of the family’s remaining 17.8% stake in the team to former Disney CEO Bob Iger and venture

By Matt Egan, CNN New York (CNN) — Regulators appointed by President Donald Trump are allowing the Trump family’s flagship cryptocurrency venture to become a bank, a move that is alarming ethics watchdogs and some lawmakers. World Liberty Financial, a crypto firm Trump and his sons launched in 2024, announced late Friday that it received

By Amarachi Orie, CNN (CNN) — A bespoke model of Ferrari’s first-ever fully electric car, the Luce, has sold for $40 million, breaking the record for the most expensive new car ever sold at auction. The high bid for the tailor-made Ferrari Luce “Chassis 0” comes just months after the Italian luxury sports car maker’s

By Samantha Delouya, CNN (CNN) — Just a few years ago, San Francisco was the national symbol for post-pandemic urban decline. Now, fueled by the artificial intelligence boom, the Golden City and its suburbs are quickly becoming the hottest housing market in the country. Flush with cash — and highly valued stock options — tech

By Elisabeth Buchwald, CNN (CNN) — Strawberries offer a taste of summer, even when they are eaten in the dead of winter. But the year-round treat Americans have grown accustomed to could soon get more expensive. The Trump administration is investigating whether Mexican growers are selling winter-harvested strawberries in the United States at unfairly low

By Ramishah Maruf, CNN New York (CNN) — Frances Ling, a 29-year-old in Los Angeles, has a summer driving uniform. First, she buttons a long-sleeve cape with a hood, one that her boyfriend jokes make her look like “a superhero.” Next is a lightweight face mask that covers every inch of skin below her nose.

By Chris Isidore, CNN (CNN) — The Buffalo Bills play their first preseason game at their new Highmark Stadium on Saturday, but season ticketholders got a sneak peek at an open practice last week. Some weren’t happy. Social media was flooded with photos showing obstructed views of the field from some seats. Even though a