Money

By John Towfighi, CNN New York (CNN) — Enthusiasm about artificial intelligence has propelled markets to record highs this year. But the fierce ascent has also raised concerns about a bubble. AI has been the dominant theme in markets since 2022, when OpenAI first launched ChatGPT. Optimism has since spread among investors about a potential

By John Liu, CNN (CNN) — Beijing ramped up sweeping restrictions on rare earth exports on Thursday, expanding the list of minerals under control and extending curbs to target their production technologies and their overseas use, including for military and semiconductor applications. China dominates the global processing of rare earths – essential in everything from

By Hadas Gold, CNN (CNN) — Elon Musk and X have reached a settlement with a group of executives over $128 million in severance that they allege Musk had not paid since he bought what was then known as Twitter in 2022. The executives, including former Twitter CEO Parag Agrawal, former CFO Ned Segal, former

By Ramishah Maruf, CNN New York (CNN) — Every piece of gold that Farzana Ghani owns holds a memory. She has intricate jewelry sets from her mother-in-law from her wedding in Pakistan; a gold chain gifted from her mother after she performed the Hajj, the Muslim pilgrimage; and gold coins to celebrate her daughter’s birth.

By Matt Egan, CNN New York (CNN) — Gold is having a gangbusters year — and that’s typically a red flag about the state of affairs in the world. This week, gold blew past $4,000 an ounce, and some on Wall Street are betting the rally is just getting started. When investors pile in to

By Ana Nicolaci da Costa, CNN London (CNN) — France lost its fifth prime minister in less than two years this week, just before the 2026 budget was due to be sent to parliament. Sébastien Lecornu resigned Monday after announcing a cabinet that largely retained the same ministers as under his unpopular predecessor, triggering a

By Jack Guy, CNN (CNN) — Denmark will move to ban social media for children under 15, Prime Minister Mette Frederiksen said Tuesday, saying the online platforms are “stealing our children’s childhood.” Speaking at the opening of the Danish parliament, Frederiksen said her government would propose a ban that also gives parents the option to

By Jordan Valinsky, CNN New York (CNN) — Domino’s Pizza is giving itself a major makeover — and introducing a snappy jingle — in hopes of holding on to customers’ limited attention. The chain unveiled Wednesday its first refresh in 13 years. encompassing a bolder logo with brighter colors, new employee uniforms and pizza boxes,

By John Liu, Junko Ogura, CNN Hong Kong/Tokyo (CNN) — Japan’s favorite beer brand is reeling from a cyberattack that paralyzed its production last week. Its factories have started brewing again, and some truckloads of beer are leaving its warehouses, but the attack has spotlighted the poor cybersecurity readiness among top-tier companies in the world’s

By Chris Isidore, CNN (CNN) — Tesla has unveiled the long-promised cheaper versions of its two main cars, dubbed the Model 3 Standard and Model Y Standard, after the expiration of the $7,500 tax credit for American buyers of most of its cars. Tesla said the new Model 3 Standard will cost $38,630, including destination

By Reuters (CNN) — Gold prices hit $4,000 per ounce Tuesday for the very first time, driven by strong investment demand amid broader geopolitical and economic uncertainty, along with expectations of further interest rate cuts from the Federal Reserve. Gold has climbed 51% so far this year on sizable central bank buying, increased demand for

By Lisa Eadicicco, Clare Duffy, CNN New York (CNN) — OpenAI was an artificial intelligence research lab little known outside of Silicon Valley before ChatGPT debuted in November 2022. Three years later, OpenAI has become synonymous with the AI boom, making it the envy of its tech peers and thrusting CEO Sam Altman into President

By Elisabeth Buchwald, CNN (CNN) — The status quo is not going to cut it for Canadian Prime Minister Mark Carney at his Tuesday meeting with President Donald Trump in Washington. With an unemployment rate of 7.1%, the highest level in nine years and half a percentage point higher since the start of this year,

By Matt Egan, CNN New York (CNN) — Audrey Murray is losing sleep over the government shutdown that could soon derail her paychecks. Murray, 65, has worked as a cleaner at the Smithsonian Museum of American History for nearly three decades. Now she is among the hundreds of thousands of federal government contractors whose livelihoods

By Hadas Gold, CNN (CNN) — “You are the media now.” Elon Musk’s repeated refrain on his popular social media platform X has been his way of urging his followers to ignore traditional journalism in favor of what he calls “citizen journalism.” “I think the media is a driver of misinformation much more than the

By Chris Isidore, CNN (CNN) — Just a couple of years ago, America’s auto industry had visions of an all-electric future. It has since abandoned that talk after the Trump administration eliminated the federal government’s incentives for the technology. The near future isn’t looking too pretty. The end of the $7,500 federal tax credit for

By Brian Stelter, CNN (CNN) — Journalist and entrepreneur Bari Weiss is taking charge at CBS News and her startup, The Free Press, is being acquired by CBS parent company Paramount. Starting today, Weiss is the editor-in-chief of CBS News, a new position that has stirred anxieties within the storied news division. Weiss said in

By David Goldman, CNN (CNN) — In a significant challenge to Nvidia’s dominance, OpenAI announced Monday it would buy 6 gigawatts of computing power from data centers that will run exclusively on AMD chips. Nvidia (NVDA) has become the go-to AI chipmaker in recent years, propelling it to a $4.6 trillion market capitalization that has