Money

By Bryan Mena, CNN Washington (CNN) — Sweeping changes are coming to the world’s most powerful central bank, President Donald Trump and his top advisers have said — and they’re already starting to make good on that promise. Treasury Secretary Scott Bessent last week made it clear that the Trump administration intends to shake up

By Auzinea Bacon, CNN (CNN) — For months, protesters have gathered outside Tesla showrooms in response to Elon Musk’s role in reducing US government spending as part of the Department of Government Efficiency. This weekend, protesters in Los Angeles found a new destination: Musk’s new 24-hour Tesla Diner in the Hollywood area. Musk had touted

By Auzinea Bacon, Alejandra Jaramillo, Elisabeth Buchwald, John Liu, CNN (CNN) — President Donald Trump announced Sunday that the United States and the European Union reached a framework for a trade deal, ending a monthslong saga with America’s largest trading partner. Trump announced a 15% levy on most imports from the 27-nation European Union, including

By Auzinea Bacon, CNN (CNN) — Disney’s “The Fantastic Four: First Steps” stormed the domestic box office, topping superhero competitor “Superman” to finish No. 1 with $118 million. The reboot was a major comeback for the series, falling within range of analysts’ expectations but short of a hopeful $130 million. “Fantastic Four” is also the

By Lucy Bayly, CNN (CNN) — The state of President Donald Trump’s economy is about to come into full view. A slew of crucial economic data is set for release this week, including the jobs report, inflation, consumer confidence and corporate earnings. We’ll get the first glimpse at America’s second-quarter gross domestic product, the broadest

By Jeanne Sahadi, CNN (CNN) — If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible. Some of the changes, which are in President Donald Trump’s recently enacted federal tax-and-spending cuts package, affect filers who take the standard

By Auzinea Bacon, CNN (CNN) — The company behind the popular app Tea Dating Advice, which allows women to anonymously share information about the men they date for safety purposes, confirmed on Friday that 72,000 images — including about 13,000 user images submitted during account verification — were accessed in a data storage breach. When

By Clare Duffy, CNN New York (CNN) — As anyone who’s scoured the internet for a bridesmaid dress knows, online shopping can be a pain. Among almost unlimited options, it can be a difficult task to find just the right style, color, size and price point. A tech startup called Daydream is now looking to

By John Towfighi, CNN New York (CNN) — US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington might ink more trade deals, avoiding a worst-case scenario of extraordinarily high tariffs and enabling the resilient economy to continue chugging along. Stocks were higher on Friday. The Dow closed higher by

By Clare Duffy, CNN New York (CNN) — Meta CEO Mark Zuckerberg is on a mission for his company to be the first to reach so-called artificial superintelligence — generally considered to mean AI that’s better than all humans at all knowledge work. It’s a nebulous and likely far-out concept that some analysts say may

By Ramishah Maruf, CNN New York (CNN) — Some Muslim and Middle Eastern tech founders and leaders are among people protesting a prominent venture capitalist’s recent comments blasting New York mayoral candidate Zohran Mamdani. They say when Sequoia Capital partner Shaun Maguire called Mamdani an “Islamist” who “comes from a culture that lies about everything”

By Brian Stelter, Liam Reilly, CNN (CNN) — The pending merger between Paramount Global and Skydance Media was formally approved by the Trump administration on Thursday, concluding months of regulatory uncertainty. FCC commissioners voted 2-1 along party lines to give the $8 billion deal a green light. The approval means that Skydance CEO David Ellison

By Luciana Lopez, Karina Tsui, CNN (CNN) — Kristin Cabot, the chief people officer of Astronomer, has resigned, the company confirmed to CNN Thursday. The resignation comes after Cabot, who oversaw the organization’s human resources, and Andy Byron, the then-chief executive of the New York-based tech company, were spotted embracing at a Coldplay concert earlier

By David Goldman, CNN (CNN) — The look on Federal Reserve Chair Jerome Powell’s face said it all. In a press briefing Thursday afternoon, midway through a tour of the Fed’s ongoing renovation project, President Donald Trump claimed that the work cost $3.1 billion — about $600 million more than its stated price tag. The

By Clare Duffy, Lisa Eadicicco, CNN New York (CNN) — Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround. The layoffs, tucked in Intel’s second quarter earnings report, marked one of the first major decisions by new CEO Lip-Bu