Biz/Tech

By Anna Cooban, CNN London (CNN) — Russia has fully banned exports of diesel after Ukrainian drone strikes on its refineries triggered widespread fuel shortages and as the global energy market braces for more disruption in the Strait of Hormuz. Russian Deputy Prime Minister Alexander Novak announced the ban in a televised meeting alongside President

By John Towfighi, CNN New York (CNN) — The stocks that have fueled Wall Street’s powerful AI rally are suddenly under pressure as investors evaluate rising tensions in the Middle East, take profits after a historic run and reassess where to find value. After months of hitting record highs, semiconductor chip stocks have dropped in

By Brian Stelter, CNN (CNN) — Lawyers for several states are finalizing an antitrust lawsuit challenging Paramount’s pending acquisition of Warner Bros. Discovery, including CNN, according to people involved in the legal process. The multistate suit will likely be filed next week, the sources told CNN, though the filing date is subject to change. If

By Chris Isidore, CNN (CNN) — Apple announced a $30 billion deal to design chips made in the United States by Broadcom. It’s part of Apple’s continued effort to diversify the source of its components and help support domestic chip production – a goal shared by President Donald Trump. Broadcom makes wireless connectivity chips to

By Lianne Kolirin, CNN (CNN) — Gamers are being asked to hunt down lost artifacts from the American Revolutionary War in a virtual treasure hunt that creators hope will lead to some real-world discoveries. “June’s Journey” is a popular free-to-play hidden object mobile game from Berlin-based developer Wooga. Players step into 1920s New York where

By Ramishah Maruf, CNN New York (CNN) — The Statue of Liberty. The Hollywood sign. Walmart? The nation’s largest retailer has entranced World Cup tourists. Videos by first-time Walmart visitors from abroad have racked up millions of views and thousands of comments on social media. Now Walmart wants to capitalize on that unbridled enthusiasm for

By Samantha Delouya, CNN (CNN) — New York City has bet heavily on converting aging office buildings into apartments to help ease a housing shortage. But the threat of a partial collapse Tuesday by one such conversion in progress highlighted the significant challenges of those construction projects. The former Pfizer building, located on East 42nd

By Brian Stelter, CNN (CNN) — Another one of President Donald Trump’s lawsuits against a news organization has fizzled out. This time, it is a defamation lawsuit that the Trump Media and Technology Group brought against The Washington Post in 2023 over a story titled “Trust linked to porn-friendly bank could gain a stake in

By Lauren Said-Moorhouse, CNN London (CNN) — The Duke of Sussex and six others have lost a high-stakes case against the publisher of the Daily Mail over allegations of unlawful information gathering. All of the claims were dismissed by a UK High Court judge on Tuesday after the group failed to prove the allegations against

By Elisabeth Buchwald, CNN (CNN) — Madison Square Garden isn’t where most people picture saying “I do.” Throw in arcade games and a raffle, and it gives off even less of a wedding vibe. But that’s exactly the point. Those and other unexpected details surfacing from Taylor Swift’s and Travis Kelce’s ultra-private yet attention-grabbing celebration

By John Towfighi, CNN New York (CNN) — SpaceX is set to officially join the Nasdaq 100 index on Tuesday, giving investors new exposure to the stock while triggering billions of dollars in automatic purchases by index funds. SpaceX’s inclusion in the Nasdaq 100 marks a new chapter in the stock’s closely watched post-IPO journey.

By Bryan Mena, CNN (CNN) — At the Richmond Neighborhood Center in San Francisco, more than 200 people are on the waitlist for the food pantry. The center is just a couple of miles west of “AI Alley,” where a cluster of major AI companies take in billions of dollars in investments and pay out

By Ramishah Maruf, CNN New York (CNN) — President Donald Trump is taking credit for Walmart’s summer sale, claiming that a request from his administration led to discounts on thousands of items for summer road trips and pool parties that happen every year. The country’s largest grocer on Monday highlighted some of its seasonal sales,

By Lisa Eadicicco, CNN (CNN) — Microsoft is eliminating about 4,800 jobs — about 2.1% of the company’s global workforce — with its Xbox gaming unit among the hardest hit. “Our business is changing because the world around it is changing,” Amy Coleman, Microsoft’s executive vice president and chief people officer, said in a message

By Jeanne Sahadi, John Towfighi, CNN (CNN) — A year after becoming law, the new savings and investment vehicle for children known as the Trump Accounts officially became operational on Saturday, July 4. President Donald Trump rang the opening bell for Nasdaq and the New York Stock Exchange from the Oval Office on Monday to

By Jordan Valinsky, CNN New York (CNN) — Cracker Barrel CEO Julie Felss Masino said six months ago that she thought she was “fired by America” following a bungled revamp. Today, she could be on the path to forgiveness. The chain’s focus on getting back to its roots, doubling down on Southern-inspired comfort food and

By Vanessa Yurkevich, CNN New York (CNN) — This March, actress Brooke Shields made a reservation at a Mexican restaurant in Denver, Colorado called Casa Bonita under a fake name – but not to avoid paparazzi It was so the restaurant’s management team and owners Trey Parker and Matt Stone, who are also the creators

By Jeanne Sahadi, CNN (CNN) — The Treasury Department announced on October 1 that it had automatically enrolled all eligible children for Trump Accounts, the new federal savings and investment vehicle for kids that went live on July 4.Until now, parents had to proactively sign up for a Trump Account, but fewer than eight million

By David Goldman, CNN (CNN) — The price displayed above that third button on the gas pump averaged more than $5.40 for several days this spring. American drivers still couldn’t get enough. Premium gas now costs around a buck a gallon more than regular – way more than the price “premium” that drivers paid for

By Anna Cooban, Chris Isidore, CNN London (CNN) — Tesla’s global sales shot up 25% in the second quarter in a sign that Elon Musk’s EV maker may be turning a corner – at least in Europe. The company posted deliveries of more than 480,000 in the three months to the end of June, up

By David Goldman, CNN (CNN) — President Donald Trump launched his $TRUMP memecoin in the days leading up to his second inauguration, ushering in a pro-crypto administration – and a lucrative family business. The venture that netted Trump hundreds of millions of dollars last year, part of overall crypto gains that topped $1 billion. Most

By Anna Cooban, CNN London (CNN) — A new trade deal between the United States and United Kingdom could result in more than 200,000 otherwise avoidable deaths in England by diverting billions of pounds away from vital health services, according to a new analysis. In December, the UK agreed with Washington DC to increase the

By Hanna Ziady, CNN London (CNN) — OpenAI, the creator of ChatGPT, is reportedly discussing handing the Trump administration a 5% stake in the company amid growing government scrutiny of artificial intelligence firms. The proposal would involve other US AI companies giving the government similar stakes, the Financial Times reported Thursday, citing two people familiar

By Alicia Wallace, CNN (CNN) — US job growth settled down after a spring surge, as employers added a lower-than-expected 57,000 positions last month, according to Bureau of Labor Statistics data released Thursday. June’s tally is a marked cooldown from solid gains previously reported for the three months prior. Monthly totals for April and May

By John Towfighi, CNN (CNN) — The Japanese yen has dropped to a 40-year low against the US dollar, putting investors on watch for potential government intervention by Japan that could ripple through US stocks, the Treasury market and the broader global economy. The yen’s decline to its lowest level since 1986 has been fueled

By Alicia Wallace, CNN (CNN) — For much of the past 18 months, the labor market has remained largely frozen. Rampant uncertainty, a lasting hangover from pandemic-era overhiring, the rise of AI, and a cocktail of other economic concerns – persistently high inflation, elevated interest rates and a shrinking labor force – stifled businesses’ expansion

By Elisabeth Buchwald, CNN (CNN) — Six years ago, President Donald Trump hailed his US-Mexico-Canada Agreement, or USMCA, as the “fairest, most balanced, and beneficial trade agreement we have ever signed.” Now, as the pact is up for review, Trump says he’s ready to abandon it. “I’m not looking to renew it,” Trump said last