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Latest Market News

  • Powerball jackpot climbs to $975 million after no big winners in Monday’s drawing
  • There’s a big problem with what we’re told about America’s economy
  • Meta just picked a side in a big debate over the future of AI

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  • Meta CEO Mark Zuckerberg attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 9, 2026.
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    Meta just picked a side in a big debate over the future of AI
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    AI is booming on the West Coast. So why is unemployment so high there?
  • Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC.
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    White House renews its attempt to remove Fed Governor Lisa Cook
  • A car passes a sign with a Meta logo at the company headquarters in Menlo Park, California, on October 28, 2021.
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    New Mexico judge orders Meta to pay $567 million into a child mental health fund
  • President Trump and Open AI Sam Altman at the White House on January 21, 2025.
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    Open vs. closed: The debate shaping the future of AI
  • Geoffrey Hinton, a Nobel Prize-winning computer scientist, in Toronto, on June 19, 2024.
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    Godfather of AI: Brace for more rogue AIs
  • In an aerial view, an Amazon Web Services data center is shown situated near single-family homes on July 17, 2024 in Stone Ridge, Virginia. Northern Virginia is the largest data center market in the world, according to a report this year cited in published accounts, but is facing headwinds from availability of land and electric power.
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    Americans are rallying against data centers. Surprisingly few are actually getting built

Top Stories

People shop for vegetables and other foods in Brooklyn on May 12, 2026, in New York City.
Spencer Platt/Getty Images
There’s a big problem with what we’re told about America’s economy
A surprising trend has been showing up in Bank of America accounts over the past few months: The gap between America’s wealthy and poor appears to be narrowing.
How the weak jobs report could make inflation harder to manage
A conversation between David Goldman and Matt Egan on this month’s job report.
What the jobs report can’t tell us about the confounding economic moment
By Rachel Siegel
The US economy unexpectedly lost 23,000 jobs last month
A summer hiring slump dogged the US labor market in July as the economy unexpectedly lost 23,000 jobs, according to new data released Friday by the Bureau of Labor Statistics.
Why job seekers are facing headwinds despite a low unemployment rate
CNN's Phil Mattingly talks to David Goldman and Rachel Siegel about the July employment report and why job seekers face headwinds despite a historically low unemployment rate.
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Your money

  • Ford F-150 pickup trucks for sale in Encinitas, California, on October 20, 2025.
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    Ford’s new electric pickup is an expensive bet on a cheap truck
    Aug 7, 2026
  • Seattle Skyline and Space Needle, Puget Sound, Great Northwest. May 06, 2024
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    ‘Difficult’ to be hopeful: How people survive under one of the worst inflation rates in the country
    Aug 3, 2026
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War in Iran

A bird flies over an Iranian flag on April 27, 2026.
Majid Asgaripour/Wana News Agency/Reuters
AI data centers have become sitting ducks in the Iran war
By David Goldman
  • A sign displays the price of unleaded gasoline at an Exxon gas station in Washington, DC, on May 21, 2026.
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    Exxon made $160 million per day last quarter as oil prices surged
    Jul 31, 2026
    ExxonMobil and Chevron, the two biggest US oil companies, reported gangbusters profits driven by the spike in global oil prices unleashed by the US-Iran war.
  • The Lutine Bell hangs in the center of the underwriting room at Lloyd's of London. The bell was recovered in 1858 from the wreck of the HMS Lutine, which sank in 1799.
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    Quills and conflict: How protection in the Strait of Hormuz is bought and sold
    Jul 10, 2026
    Inside a futuristic building in central London, leather-bound tomes contain quill-and-ink records of vessels lost at sea over the past 250 years.
  • President Donald Trump during a meeting with NATO Secretary General Mark Rutte at the NATO summit in Ankara, Turkey, Wednesday, July 8, 2026.
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    Trump is playing with economic fire by calling the peace deal with Iran ‘over’
    Jul 8, 2026
    Three weeks of fragile peace bought President Donald Trump some time and leverage over Iran. But not too much.

Affordability in America

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By Phil Mattingly
  • An Amazon Web Services data center in Haymarket, Virginia, on Wednesday, July 9, 2025. Total power usage in the US is expected to climb 2.15% in 2026, spurred largely by a 5% spike from commercial users because of the expansion of data centers, according to a US Energy Department report released in June.
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    AI is making your life more expensive. Here’s how
    Jul 28, 2026
    AI is raising prices for Americans – and not just electricity bills.
  • Model homes in Palm Beach Gardens, Florida, US, on Monday, June 29, 2026.
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    A new law limits mega-investor home purchases. Will that make homes cheaper for Americans?
    Jul 12, 2026
    After years of backlash against Wall Street landlords, the federal government is taking its first step to limit large investors’ ownership of single-family homes.
  • Elara at the Market in Seattle’s Belltown neighborhood.
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    Seattle’s solution for the middle-class housing squeeze: government housing
    Jul 1, 2026
    The eight-story, 150-unit Elara at the Market looks like just another sleek apartment building in Seattle’s trendy Belltown neighborhood.

More top stories

  • FCC chair Brendan Carr said that the TV ownership cap will be replaced by a “case-by-case review” process, giving him more power over deals involving local TV stations.
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    FCC repeals national TV ownership cap, a win for Trump-aligned broadcasters
  • A worker inside a Gap store in Brooklyn, New York, on June 3, 2025.
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    What the lull in teen hiring this summer tells us about the job market ahead of Friday’s report
  • The Warner Bros. Water Tower is pictured at Warner Bros. Studios in California, United States in February 2026.
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    Britain clears $110 billion Paramount-Warner Bros. merger
  • A man looks at a board displaying stock prices at the Taiwan Stock Exchange, in Taipei on May 4, 2026.
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    Asia’s wild AI frenzy stock swings ignite and destroy dreams of getting rich
A person holds tickets for the $1.25 billion jackpot in the Powerball lottery drawing in New York, on December 17, 2025.
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Powerball jackpot climbs to $975 million after no big winners in Monday’s drawing
The Powerball jackpot has risen to an estimated $975 million after nobody took the grand prize in Monday night’s drawing, which soared to the eighth-largest prize in history.
7UP is getting a ‘lime-forward’ makeover
7UP, which popularized lemon-lime flavoring when it rolled out nearly a century ago, is changing its taste for the first time in 15 years.
No big winner in Saturday night’s Powerball, jackpot climbs to estimated $905 million
The Powerball jackpot has risen to an estimated $905 million after nobody took the grand prize in Saturday night’s drawing.
SpaceX rises 6% after more than 900 million shares are unlocked
More than 900 million SpaceX shares unlocked Thursday, more than doubling the publicly available shares in Elon Musk’s space and AI company and testing investors’ interest in holding a stock that’s struggled since a record-breaking IPO nearly two months ago.
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CNN Breaks it Down

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    How is artificial intelligence changing the workforce?
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  • MIAMI, FLORIDA - OCTOBER 03: A 'Now Hiring' sign is posted outside of a business on October 03, 2025 in Miami, Florida. Due to the U.S. Government shutdown the Bureau of Labor Statistics will not be releasing September's employment data.  (Photo by Joe Raedle/Getty Images)
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Your Money

  • The IRS tax-filing deadline is tonight at 11:59 pm local time. If you're still trying to get your return in under the wire, having all your tax documents in order can make that easier. But if that's not possible, at least file for an automatic extension and pay whatever else you owe the IRS for 2024 by Tuesday night.
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    Not using these job interview tips can reduce your chances of getting that job
  • When the Federal Reserve starts cutting its overnight lending rate, it will affect the interest rates on your debts and your savings. But in some cases, those effects — positive or negative — may not be as large as you think.
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    Smart moves to make when the Fed starts cutting rates
  • Roughly 55 million people worldwide are living with dementia today, a number that is expected to rise to 139 million by 2050, according to the World Health Organization and Alzheimer's Disease International.
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    Early signs of dementia can show in your finances

Tech and AI

  • People are seen behind a logo of Meta Platforms, during a conference in Mumbai, India, in 2023.
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    An AI model from Meta also hacked another company during testing
  • This photograph shows the logo of the AI assistant "Claude Mythos" built by the US artificial intelligence safety and research company Anthropic displayed on a smartphone's screen in Brussels on June 10, 2026.
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    AI agents fake identities, target real people in new security incident
  • Last week, OpenAI and Anthropic revealed that their AI agents accessed the internet during testing and hacked into other companies’ systems.
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    AI is giving hackers an edge. Here’s how to protect yourself from online scams
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    White House to meet with top AI companies ahead of first big regulation push

Media

  • The deal marks one of the biggest moves for Disney’s new CEO, Josh D’Amaro.
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    Disney and TikTok strike deal to let creators make videos with its famous characters
  • The Paramount Pictures logo is displayed on the water tower in Los Angeles, California, on February 17, 2026.
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    Paramount–Warner Bros. Discovery judge sets March 2027 trial date for antitrust fight
  • David Ellison, CEO of Paramount, speaks onstage at the Paramount Pictures presentation at The Dolby Colosseum at Caesars Palace during CinemaCon, the official convention of Cinema United, on April 16, 2026 in Las Vegas, Nevada.
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    Analysis: David Ellison says he won’t bend CNN to his views
  • A visitor looks at the drained Lincoln Memorial Reflecting Pool, following renovations and Independence Day celebrations, in Washington, DC, on July 30.
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    Fox kept Trump’s Reflecting Pool fiasco afloat — now it’s ignoring the fallout

Housing

  • Mayor Zohran Mamdani is relying on private developers to help New York City build its way out of the housing crisis.
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    Zohran Mamdani’s capitalist plan to fix the housing crisis
  • Single family homes in a residential neighborhood in San Marcos, Texas, US, on Tuesday, March 12, 2024. The National Association of Realtors is scheduled to release existing homes sales figures on March 21.
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    Is it finally a buyer’s market? That depends where you look for a home
  • Construction workers build a home at a new housing development on July 1, 2025 in Hercules, California.
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    House passes housing affordability bill that softens institutional investor ban
  • Homes in Surfside, Florida, on August 20, 2025.
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    Robert Reffkin is changing the way Americans buy homes. Who do those changes help?
  • Artist rendering of the Lunar Outpost Mobile Autonomous Prospecting Platform (MAPP) rover with Nokia antennas extended. The images, data and telemetry collected by MAPP will be sent back to the Nova-C lander over the Nokia 4G/LTE network and then relayed to Earth. Mission controllers in Colorado will issue commands to the rover over the same connection.
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    Streaming and texting on the Moon: Nokia and NASA are taking 4G into space
  • This photo taken on March 27, 2024 shows employees working on a car assembly line at a factory of Chinese carmaker Li Auto in Changzhou, in eastern China's Jiangsu province.
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    The electric car revolution is on track, says IEA
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  • A detailed view of the match ball prior to the Premier League match between Burnley FC and Arsenal FC at Turf Moor on February 17, 2024 in Burnley, England.
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  • New York City Mayor Zohran Mamdani wants to fix the city's public bathroom crisis.
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  • Stocks slumped on Tuesday amid nerves about AI disrupting the software industry.
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    Anthropic’s new AI tool sends shudders through software stocks
  • A SpaceX rocket lifts off from the Kennedy Space Center. The Elon Musk-owned space company has purchased another one of Musk's companies, artificial intelligence firm xAI, with plans to put a network of 1 million AI data centers into orbit.
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