Biz/Tech

By Brian Stelter, Liam Reilly, CNN (CNN) — Dianna Russini resigned from The Athletic on Tuesday, a week after the star NFL reporter was sidelined amid an internal investigation into her relationship with New England Patriots head coach Mike Vrabel. A spokesperson for The New York Times Company, which owns The Athletic, confirmed her resignation

By Liam Reilly, CNN (CNN) — The Pittsburgh Post-Gazette said Tuesday that it has been acquired by the Baltimore Banner’s publisher, rescuing the paper just weeks before it was set to shut down. The Venetoulis Institute for Local Journalism has reached a deal with Block Communications to acquire the 240-year-old newspaper, Bob Cohn, CEO of

By Bryan Mena, CNN Washington (CNN) — Former Federal Reserve Governor Kevin Warsh, who is President Donald Trump’s pick for the next Fed chair, is set to testify next week before the Senate Banking Committee. Sen. Tim Scott, a top Republican on the committee that approves nomineees to the central bank, teased in a Tuesday

By Alicia Wallace, CNN (CNN) — Fast-rising oil prices sent US businesses’ costs higher in March, lifting wholesale inflation to 4%, the highest annual rate in three years, according to Bureau of Labor Statistics data released Tuesday. The Producer Price Index, which measures the average change in prices received by producers of goods and services,

CNN, KGO, DEPARTMENT OF JUSTICE, GETTY IMAGES, KTRK By Hadas Gold, CNN (CNN) — The man who allegedly threw an incendiary device at the home of OpenAI CEO Sam Altman is facing attempted murder and attempted arson charges, authorities said Monday. Daniel Moreno-Gama, a 20-year-old from Texas, is accused of throwing an incendiary device at

By Hadas Gold, CNN (CNN) — The man who allegedly threw an incendiary device at the home of OpenAI CEO Sam Altman is facing attempted murder and attempted arson charges, authorities said Monday. Daniel Moreno-Gama, a 20-year-old from Texas, is accused of throwing an incendiary device at Altman’s home on Friday night, before going on

By Brian Stelter, Andrew Kirell, CNN (CNN) — A federal judge on Monday dismissed President Donald Trump’s defamation lawsuit against The Wall Street Journal over its reporting on a lewd birthday letter to Jeffrey Epstein bearing Trump’s name. US District Judge Darrin P. Gayles ruled that Trump failed to plausibly allege the Rupert Murdoch-owned newspaper

By Samantha Delouya, CNN (CNN) — Banning mega investors from buying single-family homes has accomplished a rare feat in Washington: bipartisan consensus. Many housing advocates blamed Wall Street firms buying up homes for a post-pandemic surge in housing costs. Now, with an executive order from President Donald Trump and a Senate bill advancing the idea,

By Hanna Ziady, CNN London (CNN) — Oil prices climbed Monday, after the US military said it would implement a shipping blockade against Iranian ports in the Strait of Hormuz — a move that could test the current ceasefire while further tightening global oil supply. Brent crude, the global oil benchmark, rose 7% to $102

By Auzinea Bacon, CNN (CNN) — Oil prices topped $100 a barrel again on Sunday after President Donald Trump said the US would blockade “any and all Ships trying to enter, or leave, the Strait of Hormuz,” threatening to further disrupt oil flows. Brent crude, the international benchmark, was up 8%, at about $102. US

By Chris Isidore, CNN (CNN) — Reopening the Strait of Hormuz is proving to be difficult. But even if the vital waterway fully opens and oil and other necessary cargo sail out, it won’t be enough to return things to normal. That’s because empty ships will need to sail back into the strait to keep

By Alicia Wallace, CNN (CNN) — Sharply rising gas prices drove inflation to 3.3% in March, the highest rate in nearly two years. Inflation is expected to accelerate in the coming months as aftershocks from the US-Israeli war with Iran spread beyond gas prices. Ripple effects from the Iran war, which began in late February,

By Auzinea Bacon, CNN (CNN) — IBM reached a settlement with the federal government on Friday, agreeing to pay roughly $17 million to resolve allegations of illegal diversity, equity and inclusion (DEI) practices. Acting Attorney General Todd Blanche announced the settlement agreement in a press release. The DOJ had alleged that the New York-based technology

By Hadas Gold, CNN (CNN) — A 20-year-old man has been arrested after a Molotov cocktail was thrown at the San Francisco home of OpenAI CEO Sam Altman early Friday morning. The incident happened around 4:00 am when a suspect “threw an incendiary destructive device” at Altman’s home, “causing a fire to one exterior gate”

By Amarachi Orie, CNN (CNN) — German discount grocery chain Lidl has begun building its first ever pub, which is expected to open this summer. The pub and its associated liquor store, located in Northern Ireland, will offer Lidl’s range of wines, beers, ciders, spirits and liqueurs, according to the retailer. The premises will be

By Bryan Mena, CNN Washington (CNN) — Consumer sentiment plummeted to its lowest level on record due to frustration with price spikes from the US-Israeli war with Iran. The University of Michigan’s latest consumer survey released Friday showed that sentiment declined 11% early this month to a reading of 47.6, lower than anything seen in

By Lisa Eadicicco, CNN (CNN) — Matt Shumer’s home computer setup is a little weirder than most. He and his roommate each have a mini Apple computer in the kitchen, both devices silently toiling away in the background. All Shumer has to do is give the virtual assistant running on his Mac Mini a broad

By Alicia Wallace, CNN (CNN) — A war-driven jump in gas prices helped push US inflation to 3.3% in March, marking the fastest annual pace in nearly two years, new Bureau of Labor Statistics data showed Friday. On a monthly basis, prices rose 0.9%, triple the 0.3% pace seen in February, when inflation was 2.4%,

By Vanessa Yurkevich, Chris Isidore, Matt Egan, CNN New York (CNN) — A fragile ceasefire that’s mostly quieted the skies over the Middle East isn’t giving shippers the nerve to brave the narrow waterway that holds the key to 20% of the world’s oil supply. The Strait of Hormuz may be officially re-opening for business,

By Alicia Wallace, CNN (CNN) — When contending with years of budget-breaking inflation, there was at least one saving grace: For the past 34 months, the average wage was growing faster than prices were. That’s expected to change – in short order. When the Consumer Price Index for March is released on Friday morning, it’s

By Hannah Rabinowitz, Liam Reilly, Jill Martin, CNN (CNN) — The Justice Department is investigating whether the National Football League is forcing viewers to pay too much in subscription fees, according to a person familiar with the matter. The full scope of the investigation, run by the department’s Antitrust Division, was not immediately clear. Complaints

By Samantha Delouya, John Towfighi, CNN New York (CNN) — The war with Iran has roiled Wall Street, driving up the cost of a mortgage along with auto and credit card loans, making everyday life more expensive for Americans. Mortgage rates climbed for five straight weeks after the war began, but ticked down this week

By Alicia Wallace, CNN (CNN) — Americans kept spending in February — but just enough to keep up with rising prices, new data showed Thursday; however, the Iran war is expected to push costs even higher. Consumer spending rose 0.5% in February, up from a 0.3% increase in January, according to a shutdown-delayed report released