The debt ceiling drama may feel like it’s over, but it may have only just begun
By Elisabeth Buchwald, CNN New York (CNN) — President Joe Biden and House Speaker Kevin McCarthy finally reached an agreement to avert the…
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The number of available US jobs surged in April, complicating the Fed’s strategy
By Alicia Wallace, CNN Minneapolis (CNN) — The number of available jobs in the United States unexpectedly rose in April, bucking economists’…
Continue ReadingUS sanctions Chinese and Mexican firms over fentanyl making equipment
By Laura He, CNN Hong Kong (CNN) — The United States sanctioned more than a dozen Chinese and Mexican companies on Tuesday, accusing them of…
Continue ReadingChina’s economic recovery loses steam as factory production contracts further
By Laura He, CNN Hong Kong (CNN) — Factory activity in China has slumped to its weakest level since the country ended its zero-Covid policy in…
Continue ReadingCourt grants Sackler family immunity in exchange for $6 billion opioid settlement
By Samantha Delouya, CNN (CNN) — Members of the billionaire Sackler family will be protected from current and future lawsuits over their role…
Continue ReadingUS oil prices sink below $70 on debt ceiling jitters and Russia-Saudi tensions
By Matt Egan, CNN New York (CNN) — US oil prices dropped below $70 a barrel Tuesday on concerns about whether the debt ceiling deal will make…
Continue ReadingWhat Elizabeth Holmes’ life in prison could look like
By Catherine Thorbecke, CNN (CNN) — Once a Silicon Valley icon and paper billionaire, Elizabeth Holmes will now have to wake every morning at 6…
Continue ReadingThese companies are winners in the debt ceiling deal
By Matt Egan, CNN New York (CNN) — The debt ceiling deal in Washington did not set off a celebration in the stock market. But the bipartisan…
Continue ReadingFueled by AI, Nvidia joins the $1 trillion club
By Nicole Goodkind, CNN New York (CNN) — Booming demand for its AI chips has landed Nvidia (NVDA) a prime spot in one of the most exclusive…
Continue ReadingAI industry and researchers sign statement warning of ‘extinction’ risk
By Brian Fung, CNN Washington (CNN) — Dozens of AI industry leaders, academics and even some celebrities on Tuesday called for reducing the…
Continue ReadingBritain is getting so desperate to tame inflation it’s talking about food price caps
By Hanna Ziady, CNN London (CNN) — Brits woke up to yet more grim news on inflation Tuesday, with new data showing prices in UK stores are…
Continue ReadingUS home prices rose in March for the second month in a row
By Anna Bahney, CNN Washington, DC (CNN) — US home prices rose slightly in March, showing a continuing recovery, according to the latest…
Continue ReadingElizabeth Holmes reports to prison
By Catherine Thorbecke, CNN (CNN) — Elizabeth Holmes reported to prison on Tuesday, capping off a stunning downfall for the disgraced founder…
Continue ReadingChina urges Japan to end curbs on chip exports
By Laura He, CNN Hong Kong (CNN) — China’s commerce minister has urged Japan to end its newly announced curbs on exports of chipmaking…
Continue Reading31 billionaires are worth more than the US Treasury has in cash
By Matt Egan, CNN New York (CNN) — Cash levels at the US Treasury are tumbling toward a dangerously low level as Washington waits until the…
Continue ReadingCorporate America celebrates debt ceiling deal and urges Congress to quickly pass legislation
By Matt Egan, CNN New York (CNN) — Leading business groups are praising President Joe Biden and House Speaker Kevin McCarthy for forging a…
Continue ReadingElon Musk says Twitter has ‘no actual choice’ about government censorship requests
By Clare Duffy, CNN New York (CNN) — Criticized for giving into governments’ censorship demands, Elon Musk on Sunday claimed that Twitter has…
Continue ReadingDisney’s ‘The Little Mermaid’ rakes in $117 million at the US box office on opening weekend
By David Goldman, CNN New York (CNN) — Disney’s live-action movie “The Little Mermaid” brought in $117.5 million at the US box office in…
Continue ReadingThe world’s biggest ad agency is going all in on AI with Nvidia’s help
By Hanna Ziady, CNN London (CNN) — WPP, the world’s largest advertising agency, has teamed up with chipmaker Nvidia to create ads using…
Continue ReadingHere’s what’s open and closed on Memorial Day 2023
By Ramishah Maruf, CNN New York (CNN) — The last Monday of May honors and mourns members of the US armed forces who died serving the country.…
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