Money

By Alicia Wallace, CNN (CNN) — An annual update to federal data shows that prices haven’t been rising as fast as previously thought; however, inflation remained stubbornly elevated in August as a war-driven energy shock continued to ripple through the US economy and Americans’ pocketbooks. The Personal Consumption Expenditures price index – the Federal Reserve’s

By Marshall Cohen, CNN New York (CNN) — Prediction site Polymarket rolled out new consumer protections and anti-addiction measures Wednesday, as a growing number of policymakers call for more regulation of the booming industry. Prediction sites have exploded in popularity this year, with billions of dollars wagered on everything from sports to elections, entertainment and

By Samantha Delouya, CNN (CNN) — Billionaire hedge fund manager Ken Griffin is doubling down on Miami, announcing on Wednesday a $3 billion donation to help fund a new campus for Carnegie Mellon University in the city. The staggering amount is the largest-ever gift by an individual in higher education, surpassing Michael Bloomberg’s $1.8 billion

By Elisabeth Buchwald, CNN (CNN) — Here we go again: President Donald Trump’s sweeping global tariffs are back under the legal microscope. On Wednesday, a three-judge panel at the US Court of International Trade is set to hear arguments in a case that could determine whether the president can use a 1970s trade law to

By Kristen Holmes, Alayna Treene, Betsy Klein, Brian Stelter, CNN (CNN) — Millions of taxpayer dollars have already been spent on President Donald Trump’s hagiographic ads, according to estimates by a leading political ad-tracking firm. And a total of $20 million has been allocated for the effort, which watchdog groups have deemed illegal. The TV

By Chris Isidore, Lisa Eadicicco, CNN (CNN) — Anthropic says its AI models could pose a “catastrophic or existential risk to humanity” and can “resist shutdown,” according to an initial public offering prospectus obtained by Reuters. Anthropic is pursuing an IPO some time in the next year that many expect to value the five-year-old company

By Alicia Wallace, CNN (CNN) — Millions of Americans may need to find an entirely new career in the next decade, according to research released Tuesday. An estimated 11 million workers, or about 6.5% of the current labor force, might have to jump into entirely different occupations by 2035 as a result of automation and

By Clare Duffy, CNN New York (CNN) — Apple says its decision to remove ICEBlock and similar platforms from the app store last year was prompted by concerns — including those raised by the Trump administration — about agent safety following a fatal shooting that left two detainees dead at a Dallas Immigration and Customs

By Hadas Gold, Adam Cancryn, CNN (CNN) — President Donald Trump said Tuesday that top tech executives had signed a new commitment aimed at better “self-policing” their companies’ AI models, arguing that the light-touch approach represents the best way to balance safety concerns with his desire to accelerate a technology that he’s dubbed “Super Intelligence.”

By Tami Luhby, CNN (CNN) — President Donald Trump’s order to levy 100% tariffs on certain patented pharmaceutical products and ingredients takes effect on Tuesday. But experts question the extent to which the move will achieve its goal of spurring more drug manufacturing in the US. That’s because the burden will fall most heavily on

By Elisabeth Buchwald, Matt Egan, CNN (CNN) — President Donald Trump’s ban on Canadian booze kicked in on Tuesday, an unprecedented move that underscores the breakdown in one of the closest trading relationships in the world. The ban, which impacts $800 million worth of Canadian alcoholic beverages the US imported last year, marks the latest

By Auzinea Bacon, CNN (CNN) — OpenAI said it won’t release its latest model, dubbed GPT-6.1 Astra, because it “didn’t quite meet the bar” for safety. The decision, which the Wall Street Journal first reported on Monday, comes as industry leaders call for an AI development slowdown. Anthropic CEO Dario Amodei first proposed “pacing the

By Chris Isidore, CNN (CNN) — Chipmaker Nvidia said Monday it is introducing a new software platform to address concerns about artificial intelligence agents that have “gone rogue” and operated outside human control. “Today, with over 100 industry partners, we introduced the NVIDIA Open Agent Safety Platform,” Nvidia CEO Jensen Huang wrote in a post

By Hanna Ziady, CNN London (CNN) — The United States and China have agreed to slash tariffs on $60 billion worth of goods, deepening efforts to stabilize a frequently testy relationship. The tariff relief extends to an array of products, from US coal and agricultural products to made-in-China toys, car seats and holiday decorations. The

By Lisa Eadicicco, CNN (CNN) — Meta wants its new Muse AI agent to be the gateway to users’ digital lives. But that all depends on whether popular apps and services are willing to give it the keys. Agents go a step beyond how most people have used AI up to this point. Instead of

By David Goldman, CNN (CNN) — The US economy may have a new problem: It’s too strong. America’s cost-of-living concerns and a bond market meltdown aren’t functions of a sputtering economy that’s running out of gas. Quite the opposite. Prices and interest rates are rising too quickly for comfort for three primary reasons: the global

By Chris Isidore, Tami Luhby, CNN (CNN) — John Yeley has spent the last 26 years working on his farm, which his family has owned since 1852. Yeley is the seventh generation to run his farm in Illinois, just over the state line from Indiana. Although he plans to keep doing so, he’s not sure

By Nathaniel Meyersohn, CNN New York (CNN) — Matthew Clayton is good at computers, so he gets assigned a dreaded task by his family members: helping them schedule their DMV appointments online in North Carolina. North Carolina’s Division of Motor Vehicles has long been considered among the worst of the worst. “It’s as broken as

By Elisabeth Buchwald, CNN (CNN) — Attention, protein maxers: One of your highly coveted ingredients is taking center stage in the escalating trade war between the United States and Canada. Whey, the workhorse ingredient behind protein powders and a growing universe of high-protein foods, is getting caught in the crossfire. Canada imposed 50% tariffs on

By Auzinea Bacon, CNN (CNN) — OpenAI said Friday that some of its AI agents went rogue and probed US government websites this summer — the latest revelation of the artificial intelligence company’s technology. The New York Times first reported that the AI agents went rogue and attempted to gain access to the Education Department,