Money

By Brian Stelter, CNN (CNN) — PBS and NPR stations are on the verge of losing the federal funding that has helped keep them on the air for decades. The Senate and the House have passed a rare measure called a “rescission,” which would claw back money that was already budgeted by Congress, including nearly

By Clare Duffy, CNN New York (CNN) — For Silicon Valley giants, getting ahead in the artificial intelligence race requires more than building the biggest, most capable models; they’re also competing to get third-party developers to build new applications based on their technology. Now, Meta is teaming up with Amazon’s cloud computing unit, Amazon Web

By Elisabeth Buchwald, CNN Washington (CNN) — President Donald Trump said Tuesday the United States has reached a trade agreement with Indonesia, after negotiations Jakarta described as an “extraordinary struggle.” The deal will see the US impose a 19% tariff on Indonesia’s exports, a reduction from the 32% Trump had initially threatened to impose on

By John Liu, CNN (CNN) — The United States has launched an investigation into “unfair” trading practices by Brazil, escalating President Donald Trump’s spat with the world’s 10th-largest economy over issues including the criminal case against its former President Jair Bolsonaro. The investigation will focus on digital trade and electronic payment services, preferential tariffs, and

By Ramishah Maruf and Bryan Mena, CNN CNN (CNN) — President Donald Trump suggested that a $2.5 billion renovation plan at the Federal Reserve might be sufficient cause to fire Fed Chair Jerome Powell, an escalation of his recent attacks against the central banker. “I think he’s terrible… But the one thing I didn’t see

By Lisa Eadicicco, CNN (CNN) — President Donald Trump on Tuesday announced an investment of more than $90 billion from private companies across tech, energy and finance to turn Pennsylvania into a hub for artificial intelligence — a technology that’s expected to upend everything from the economy to health care and education. The announcement was

By Brian Stelter and Andrew Kirell, CNN (CNN) — Fall in line, or keep fighting for answers? That’s the rift in right-wing media now. Fox News has taken President Trump’s plea for his allies to stop talking about Jeffrey Epstein almost literally. But many other conservative media influencers and outlets are still heavily scrutinizing the

By Lisa Eadicicco, CNN (CNN) — Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones domestically. As part of the partnership announced on Tuesday, Apple committed to buying rare earth magnets directly from MP

By Chris Isidore, CNN (CNN) — Tesla has started selling cars in India, the world’s most populous country – but at a hefty price tag. Tesla, which is facing slumping sales and complications from CEO Elon Musk’s political entanglements, opened its first showroom in Mumbai on Tuesday. The company needs to boost its sales, and

By Alicia Wallace, CNN (CNN) — US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch. Consumer prices rose 0.3% last month, pushing the annual inflation rate higher to 2.7%, the highest since February, according to the

By Tami Luhby, CNN (CNN) — Americans’ unpaid medical bills will remain on their credit reports after a federal judge last week vacated a Biden-era Consumer Financial Protection Bureau (CFPB) rule that would have removed such debt. Judge Sean Jordan of the US District Court of Texas’ Eastern District found that the rule exceeded the

By Lisa Eadicicco and Clare Duffy, CNN New York (CNN) — Two research analysts made waves last week when they called for a major shakeup at tech giant Apple. The analysts weren’t suggesting a logo or product redesign. Instead, they called for the replacement of Tim Cook, the CEO who directly succeeded Steve Jobs in

By Clare Duffy, CNN American chipmaking giant Nvidia (NVDA) says it plans to resume sales to China of an artificial intelligence chip that’s become part of a global race pitting the world’s biggest economies against each other. The company’s announcement on Monday comes after Nvidia CEO Jensen Huang met with President Donald Trump at the

By John Liu, CNN Hong Kong (CNN) — China reported better-than-expected economic growth for the second quarter in the face of an ongoing trade war with the United States, as diversification efforts to non-US markets buoyed exports. Gross domestic product (GDP) expanded 5.2% in the second quarter from the same period a year earlier, according

By Vanessa Yurkevich, CNN (CNN) — The Port of Los Angeles rebounded in June for a record-breaking month as importers raced to get cargo into the port before the “reciprocal” tariff pause ended July 9, port executive director Gene Seroka announced Monday. President Donald Trump has since pushed that deadline to August 1. The Port

By Jordan Valinsky, CNN New York (CNN) — Between extreme weather and noisy stadiums, coaching a football game can be difficult. So, the NFL and Sony are listening to coaches to design new, custom-built headsets that can function best under tough conditions. The league announced Monday it was furthering its technology partnership with Sony, creating