CNN – Business/Consumer

By Bryan Mena, CNN Washington (CNN) — Healthcare is one of the few industries still powering job growth in America. Last year, employers across industries added jobs at an unusually weak pace. Healthcare, however, has been an exception: For the past five years, the industry has been America’s top job creator and now makes up

By Clare Duffy, CNN New York (CNN) — People have been seeking out health information online since the dawn of the internet. And now, tens of millions of people are turning to artificial intelligence for questions they once asked “Dr. Google.” But the large language models behind most mainstream AI chatbots are trained on a

By Hadas Gold, CNN (CNN) — President Donald Trump on Tuesday signed an executive order seeking early government access for the most advanced AI models to weigh cybersecurity risks and protect critical infrastructure. The executive order comes as models like Anthropic’s Mythos have spooked government and Wall Street over security concerns. The order requests AI

By John Towfighi, CNN (CNN) — AI companies’ plans for blockbuster initial public offerings (IPOs) are captivating Wall Street. Anthropic on Monday took a major step toward going public. Rival OpenAI is also expected to file for an IPO. Elon Musk’s SpaceX, which filed for an IPO in May, is slated to start trading on

By Vanessa Yurkevich, Chris Isidore, Matt Egan, CNN (CNN) — The most powerful shipping executives in the world are gathered in Athens this week for the annual International Shipping Exhibition. The hot topic: the Strait of Hormuz. President Donald Trump has said the strait’s reopening is imminent. Administration officials tout ships getting through the vital

By Brian Stelter, CNN (CNN) — CBS News management faced a fresh crisis on Monday after legendary “60 Minutes” correspondent Scott Pelley accused the network’s editor in chief Bari Weiss of trying to “kill” the acclaimed newsmagazine. Pelley made the comments during a tense meeting between the staff of “60 Minutes” and the program’s brand-new

By Hadas Gold, CNN (CNN) — Florida is suing OpenAI and its CEO Sam Altman, alleging they know ChatGPT is not safe, especially for minors. The state becomes the first to sue OpenAI over the alleged dangers of its product. “Sam Altman and ChatGPT have chosen the AI race over the safety and security of

By Clare Duffy, Lisa Eadicicco, Hadas Gold, CNN (CNN) — Anthropic on Monday said it filed plans for an initial public offering, setting it up for a share sale that could value the company in the trillion-dollar range as it races against rival OpenAI. The company has yet to determine how many shares it will

By Auzinea Bacon, CNN (CNN) — Think you know who’s going to win the World Cup? Think you know better than Goldman Sachs? Yes, that Goldman Sachs. Goldman Sachs, possibly the most buttoned-up of all the big investment banks, released a report on Friday led by chief economist and head of Global Investment Research, Jan

By Jordan Valinsky, CNN New York (CNN) — At 261 years old, Cognac brand Hennessy is starting to show its age. After a pandemic-era surge in demand, the amber-colored spirit is navigating a sobering reality. Consumers, particularly younger ones, are moderating their drinking or shifting toward premium tequila. As a result, exports from France’s Cognac

By Elisabeth Buchwald, CNN (CNN) — On paper, the job market looks pretty darn good. The 4.3% unemployment rate is below both the 10-year average of 4.6% and the 50-year average of 6.1%. For the second month in a row, the official government tally of jobs added blew past economists’ expectations. And the most recent

By Brian Stelter, CNN (CNN) — The biggest two movies in America right now, “Backrooms” and “Obsession,” come from twentysomething filmmakers who honed their craft on YouTube. Their films were made with relatively low budgets and were marketed online. Now that they’re filling theaters with teens and young adults who rarely show up at the

By Samantha Delouya, CNN (CNN) — A surprisingly competitive mayoral campaign from former reality television star Spencer Pratt has thrust some of Los Angeles’ economic anxieties into the national spotlight ahead of Tuesday’s nonpartisan primary election. Pratt has built his campaign around frustration with the city’s leadership and direction after the Pacific Palisades home he

By David Goldman, CNN (CNN) — In its 50-year history, Costco has never seen such demand for gas. Many of its stations have been so overwhelmed that they’ve had to call in tanker trucks multiple times a day to avoid running dry, Costco said this week during its quarterly earnings call. A growing number of

By Chris Isidore, CNN (CNN) — No airline is more likely than Frontier Airlines to benefit from the demise of Spirit. But no airline is more at risk of suffering the same fate. Financial problems and higher fuel costs tipped long-struggling budget airline Spirit over the edge when it went out of business on May

By Clare Duffy, CNN New York (CNN) — Four months after TikTok’s US assets were spun off into a new joint venture to avert a ban, Sen. Ed Markey says Americans still don’t have enough information about whether the deal addresses national security concerns related to the popular video app. Markey, a Massachusetts Democrat, on

By Clare Duffy, CNN New York (CNN) — A California mom says she was scammed out of thousands of dollars this month after receiving a call that sounded like her daughter in distress. She now suspects it was an artificial intelligence-generated hoax. She’s one of many who have been targeted by so-called “voice cloning” scams

By Stephanie Yang, CNN (CNN) — South Korean semiconductor giant SK Hynix became one of the few companies in the world with a $1 trillion market cap this week, as a global AI boom continues to propel chip stocks to record levels. The memory chip maker’s rise follows that of its competitors: Samsung Electronics and

By Brian Stelter, Liam Reilly, CNN (CNN) — ABC is laying the groundwork for a landmark First Amendment fight. On Thursday, ABC filed paperwork to renew its local TV station licenses “under protest in response to an unlawful, arbitrary, and unconstitutional order” by the Federal Communications Commission. ABC attached an extraordinary objection letter that accused

By Mustafa Qadri, CNN (CNN) — It’s deemed outrageously expensive, it’s insulting to existing owners and perhaps most damning of all – it looks like a Nissan Leaf. Those are just some of the unflattering comments directed at Ferrari’s first electric car, the Luce, since it was unveiled earlier this week by the legendary Italian

By Alicia Wallace, CNN (CNN) — High gas prices pushed up inflation again last month while adding to Americans’ financial strain: Households are saving at the lowest rate in nearly four years, a new report showed Thursday. The Iran war’s oil price shock lifted the Federal Reserve’s preferred inflation gauge to 3.8% in April from

By Brian Stelter, CNN (CNN) — CNN is suing Perplexity, accusing the AI company of unlawfully copying and distributing CNN’s content. Thursday’s lawsuit joins a long list of legal actions by publishers like The New York Times against generative AI startups. But it is CNN’s first AI copyright action and is thought to be the

By Hanna Ziady, CNN London (CNN) — Albert Manifold, the ousted chairman of BP, is refusing to leave quietly, creating a headache for the British oil giant as it seeks to move on from the latest bout of leadership upheaval. In a blistering response to his removal from the company Thursday, Manifold hit out at

By Matt Egan, CNN New York (CNN) — When he launched his presidential campaign in late 2022, then-candidate Donald Trump blasted his successor for aggressively releasing oil from America’s emergency stockpile ahead of the midterm elections. “The strategic national reserves, which I filled up, have been virtually drained in order to keep gasoline prices lower,

By Lisa Eadicicco, CNN (CNN) — It’s a tough job market for software engineering hopefuls. Tens of thousands of jobs cuts across the industry have increased competition for open spots. The rise of AI has spurred fears of cheating during interviews, and company priorities are changing as the tech evolves almost daily. But hiring managers

By Marshall Cohen, Elisabeth Buchwald, CNN (CNN) — When Andrew needed money for a flight with friends to Greece this summer, the 18-year-old high school senior turned to prediction markets. With a $500 cash advance from his credit card company, Andrew sat in a Starbucks for more than six hours, trading on live tennis matches

By Jeanne Sahadi, CNN (CNN) — There is a new app going live on Thursday for parents who set up Trump Accounts for their children, Treasury Secretary Scott Bessent said Wednesday. Bessent announced in a cabinet meeting on Wednesday that the app would be available “on all major platforms tomorrow morning,” and noted that nearly

By Jordan Valinsky, Brynn Gingras, CNN New York (CNN) — Astronomical prices for tickets to the upcoming World Cup soccer tournament have sparked an investigation by the attorneys general of New York and New Jersey. On Wednesday, New York Attorney General Letitia James and New Jersey Attorney General Jennifer Davenport jointly announced that they’re subpoenaing

By Alicia Wallace, CNN (CNN) — There’s been a “remarkable” increase over the past few years in Americans struggling to put food on the table, and that’s likely contributing to record-low consumer sentiment readings, new Federal Reserve Bank of New York research showed Wednesday. The New York Fed updated a 2020 analysis on the disproportionate