Biz/Tech

By Bryan Mena, CNN Washington (CNN) — It remains difficult for Americans to find a new job, especially among people in their 20s. Even internships for college students have become harder to secure these days. Over the past year and a half, employers across most industries have slammed the brakes on hiring as workers stay

By Anna Cooban, CNN London (CNN) — The world, hungry for oil, got a modest reprieve earlier this month when Saudi Arabia began diverting millions of barrels of crude —ordinarily destined for ships transiting the blockaded Strait of Hormuz — to its Red Sea port of Yanbu. But over the weekend Iran-backed Houthi militants entered

By Jeanne Sahadi, CNN (CNN) — The Department of Labor unveiled on Monday a new proposed rule for 401(k) plan sponsors that want to offer plan participants the option of investing in private equity and other “alternative” investments like crypto and commodities. The proposed rule gives plan fiduciaries “maximum discretion and flexibility in selecting any

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve’s response to the US-Israeli war on Iran largely hinges on how the conflict affects Americans’ expectations about inflation, Chair Jerome Powell said Monday. “The tendency is to look through any kind of a supply shock,” he said during a moderated conversation hosted by Harvard University.

By Julian Torres, CNN New York (CNN) — Experts are warning that consumers will see a rise in prices for a variety of plastic consumer goods due to the war with Iran. Plastic products are partly made out of oil, which has gone up more than 40% since the start of the war in late

By Hanna Ziady, John Towfighi, CNN London/New York (CNN) — Oil prices rose Monday, with US crude oil settling above $100 per barrel for the first time since July 2022, after comments by President Donald Trump and strikes against Israel by Iran-backed Houthi rebels deepened fears that the Middle East conflict may escalate further. WTI,

By John Towfighi, CNN New York (CNN) — The war in Iran has jolted financial markets, sending oil prices surging and stocks and bonds falling. The market gyrations can be dizzying. Here’s a look at how the Middle East conflict has impacted markets this month: Oil Oil prices have surged since the war began. Oil

By Auzinea Bacon, CNN (CNN) — Oil prices climbed Sunday after Tehran warned against a US ground invasion, despite President Donald Trump saying on Friday that negotiations would continue to end the war. Brent crude, the global benchmark, rose 2.47% to $107.92, while US crude rose 2.94% to $102.57. Iran’s parliament speaker on Sunday said

By Alicia Wallace, CNN (CNN) — US job growth was lackluster last year, but signs of stabilization, if not a rebound, were starting to emerge. Now, a war thousands of miles away not only interrupts that potential progress, but also threatens to knock the labor market further off course. It’s been four weeks since the

By Nathaniel Meyersohn, CNN New York (CNN) — Jamie Hagen believed the Great Freight Recession was finally over. Last year was a tough one for his South Dakota trucking company, Hell Bent Xpress. He was thinking about shutting down, his cash drained in the lean years that followed America’s post-pandemic shopping spree. But he refinanced

By Clare Duffy, CNN New York (CNN) — Online safety advocates hope landmark trial verdicts this week can bring change to social media platforms they have warned about for years, after juries found Meta (and YouTube in one case) responsible for harms to kids and teens. “We’ve been telling our stories forever and people say,

CNN By John Towfighi, CNN New York (CNN) — US stocks slid and the Dow closed in correction Friday as uncertainty about the duration of the war with Iran and nerves about energy inflation continued to weigh on markets. The Dow fell 793 points, or 1.73%, and closed at 45,167, down 10% from its peak

By John Towfighi, CNN New York (CNN) — US stocks slid and the Dow closed in correction Friday as uncertainty about the duration of the war with Iran and nerves about energy inflation continued to weigh on markets. The Dow fell 793 points, or 1.73%, and closed at 45,167, down 10% from its peak above

By Bryan Mena, CNN Washington (CNN) — Americans are growing more pessimistic about the US economy as the war on Iran continues to roil markets, with sentiment falling across all income groups — including the wealthiest. Consumer sentiment declined 6% this month to a final reading of 53.3, the University of Michigan said Friday, a

By Lisa Eadicicco, CNN Seattle, Wash. (CNN) — Matt Garman helps make your online life – your Starbucks order, your Netflix binge, your Pinterest browsing– possible. As the CEO of Amazon’s cloud computing division, he plays a major role in deciding how to deploy the computing resources needed to drive the internet – a responsibility

By Hadas Gold, Devan Cole, CNN (CNN) — A federal judge in California has indefinitely blocked the Pentagon’s effort to “punish” Anthropic by labeling it a supply chain risk and attempting to sever government ties with the AI company, ruling that those measures ran roughshod over its constitutional rights. “Nothing in the governing statute supports

By Samantha Delouya, CNN (CNN) — The US housing market was supposed to turn a corner this year, but economic uncertainty and a jump in mortgage rates fueled by the US-Israeli war in Iran are complicating affordability for American homebuyers. After years of sluggish sales, economists expected 2026 to bring lower mortgage rates and more

By John Towfighi, CNN New York (CNN) — The war in Iran and the spike in energy prices have rattled global markets, impacting not just stocks but also safe havens like bonds, gold and currencies. That’s leaving investors with fewer places to hide. The Dow, S&P 500 and Nasdaq are each set for their worst

By Chris Isidore, CNN (CNN) — Yustine Chang and her husband only have half the concern about gas prices they did a week ago. The soaring price of gas near their Southern California home wasn’t the only reason they replaced their eight-year-old Mercedes C-class sedan with their first electric vehicle, a Rivian R1 SUV. But

By Brian Stelter, CNN (CNN) — For critics of tech companies like Meta and Google, Wednesday’s verdict in the social media addiction trial has been literally years in the making. Parents, child safety experts and some lawmakers said the finding of liability was a long-overdue moment of accountability. “For the parents whose children died as

CNN By Clare Duffy New York (CNN) — A California jury has found Meta and YouTube liable on all counts in a landmark case that accused the tech giants of intentionally addicting a young woman and injuring her mental health. Meta and YouTube were negligent in the design of their platforms, knew their design was

By Clare Duffy New York (CNN) — A California jury has found Meta and YouTube liable on all counts in a landmark case that accused the tech giants of intentionally addicting a young woman and injuring her mental health. Meta and YouTube were negligent in the design of their platforms, knew their design was dangerous,

By Brian Stelter, CNN (CNN) — As she prepares to return to the “Today” show, Savannah Guthrie has taped an interview with Hoda Kotb, her longtime friend and colleague. The sit-down will air Thursday and Friday on “Today.” It will be Guthrie’s first interview since her mother, Nancy Guthrie, went missing, the victim of an

By Tami Luhby, CNN (CNN) — For Sarah Lawhun, the soaring price of gas means she’s eating one less meal a day. A careful budgeter, Lawhun has spent nearly $70 more at the pump this month. She’s trying to offset the increase by skipping lunch at her job as an environmental scientist, saving her about

CNN, WOIO, WSTM, POOL, TRUTH SOCIAL By Tami Luhby, CNN (CNN) — For Sarah Lawhun, the soaring price of gas means she’s eating one less meal a day. A careful budgeter, Lawhun has spent nearly $70 more at the pump this month. She’s trying to offset the increase by skipping lunch at her job as

By Stephanie Yang, CNN (CNN) — A historic oil shock and surging fuel prices are strengthening the case for electric vehicles. China’s EV makers are eager to deliver. The United States and Israel’s war against Iran has disrupted critical fossil fuel supplies from the Middle East, pushing up crude oil prices to as high as