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Latest Market News

  • The AI boom is driving up home prices in San Francisco. Are you being priced out?
  • Frustrated US consumers cut their retail spending last month
  • The CEO who fired 900 people on Zoom just before Christmas wants his job back

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  • Vishal Garg, founder and chief executive officer of Better, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Wednesday, April 15, 2026. The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severally damaged.
    Aaron Schwartz/Bloomberg/Getty Images
    The CEO who fired 900 people on Zoom just before Christmas wants his job back
  • The glittering towers of the Canary Wharf business district overlooking the parched earth of Greenwich Park in London on Tuesday.
    Dan Kitwood/Getty Images
    Europe’s economy faces a one-two punch from extreme weather and war
  • BURBANK, CALIFORNIA - AUGUST 03: An aerial view of a Flock Safety camera mounted to a light pole on August 03, 2026 in Burbank, California. Flock Safety's automated license plate reader cameras have been deployed in over 120,000 locations across 49 states, using artificial intelligence to identify vehicles by their license plates, make, model and color to help law enforcement investigate crimes, while also drawing criticism from privacy advocates over concerns about mass surveillance and the collection of motorists' location data. (Photo by Justin Sullivan/Getty Images)
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    Flock rolls out new police auditing and accountability controls following surveillance concerns
  • The Magic Castle at Disneyland on August 6.
    Christina House/Los Angeles Times/Getty Images
    Disney parks and cruises saw their best growth in two years despite a travel slowdown. Here’s how they did it
  • Selena Gomez attends the Academy Museum Gala in Los Angeles, California, on October 18, 2025.
    Mario Anzuoni/Reuters
    Selena Gomez and her mental health startup accused of fraud

Top Stories

Data centers helped fund Quincy High School, shown here in 2024.
Jovelle Tamayo/The New York Times/Redux
‘Brand-new everything’: How data centers transformed this small town’s economy
A $15 million aquatic center with a six-lane pool, waterslides and a lazy river opened in Quincy, Washington, a few weeks ago.
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Interactive See how traffic through the Strait of Hormuz has changed
From 'danger zone' to 'dark route,' see how traffic through the Strait of Hormuz has changed
AI boom or bubble? Timing is everything
Artificial intelligence is a game-changing technology that’s already transforming how the world lives and works.
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Your money

  • A shopper inside a Hollister store in Walnut Creek, California, on Wednesday, July 15, 2026.
    David Paul Morris/Bloomberg/Getty Images
    Frustrated US consumers cut their retail spending last month
    Aug 14, 2026
  • GettyImages-802824656.jpg
    phi2/iStockphoto/Getty Images
    More Americans are having a harder time keeping up with their home and car payments
    Aug 11, 2026
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War in Iran

Ships are anchored in the Strait of Hormuz on August 10, off the coast of Bandar Abbas, Iran. (Photo by Ali Saeedi/Getty Images)
Ali Saeedi/Getty Images
The Trump administration claims oil is flowing normally again. There’s just one problem
By David Goldman
  • A sign displays the price of unleaded gasoline at an Exxon gas station in Washington, DC, on May 21, 2026.
    Alex Wroblewski/Bloomberg/Getty Images
    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.
    Chip Somodevilla/Getty Images
    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.
    Filip Singer/Pool EPA/AP
    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

Seattle Skyline and Space Needle, Puget Sound, Great Northwest. May 06, 2024
Joe Sohm/Visions of America/Universal Images Group/Getty Images
‘Difficult’ to be hopeful: How people survive under one of the worst inflation rates in the country
By Natasha Chen
  • Workers apply roofing material to a home under construction at the Lilac Ridge community by Lennar Homes in Vacaville, California, US, on Tuesday, July 14, 2026.
    David Paul Morris/Bloomberg/Getty Images
    What the jobs report can’t tell us about the confounding economic moment
    Aug 7, 2026
    Scan the topline numbers of this month’s jobs report, and you’ll wind up with two wildly different impressions.
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    I’ve spent years studying economic data. These Americans taught me what ‘affordability’ really means
    Jul 16, 2026
    A Reporter’s Notebook from four cities, 5,000 miles, three dozen interviews and the people I can’t stop thinking about.
  • 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.
    Nathan Howard/Bloomberg/Getty Images
    AI is making your life more expensive. Here’s how
    Jul 28, 2026
    AI is raising prices for Americans – and not just electricity bills.

More top stories

  • Joshua Kushner, founder of Thrive Capital, speaks during the Hill & Valley forum at the US Capitol in Washington, DC, on Wednesday, April 30, 2025.
    Al Drago/Bloomberg/Getty Images
    Who is Josh Kushner, the billionaire who just bought the Lakers?
  • President Donald Trump
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    Trump sued on First and Fifth Amendment grounds over paid Truth Social access
  • Economists expect that US annual inflation eased to 3.4% in July.
    Allison Joyce/Bloomberg/Getty Images
    US annual inflation cooled to 3.4% in July as gas prices ease
  • David Ellison speaks during the Paramount Pictures 2026 CinemaCon Footage Presentation at Caesar's Palace in Las Vegas on Thursday, April 16, 2026.
    Alex J. Berliner/ABImages/AP
    Democrats intensify scrutiny of David Ellison amid Paramount–WBD legal battle
A view of homes in North Beach on June 30, 2026, in San Francisco, California. San Francisco apartment rents are soaring as the AI boom brings a new wave of wealth to the city. The city's average apartment rent has surpassed New York City's, previously the nation's most expensive, reaching $3,827 per month.
Heather Diehl/Getty Images
The AI boom is driving up home prices in San Francisco. Are you being priced out?
Fueled by a boom in artificial intelligence, San Francisco is quickly becoming the hottest housing market in the country.
Hackers used autonomous AI agents to attack Taiwan. Is this the future of cyberwarfare?
Hackers deployed an AI system to carry out sophisticated cyberattacks on Taiwan, officials said, in what experts believe is the first known fully autonomous attack on government agencies.
US wholesale inflation slowed more than expected in July
Businesses’ costs aren’t rising as fast as they have been in recent months, an indication that price hikes could slow for consumers in the months ahead.
Someone in Illinois just won $1 billion in Powerball — and we may never know who
A winning ticket for Wednesday night’s $1.04 billion Powerball drawing was sold in Illinois, marking the largest grand prize since last year, according to the lottery.
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CNN Breaks it Down

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    CNN’s experts break down the most pressing questions in business and politics.
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    Why college is so expensive
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    How President Trump’s ‘America First’ policy is impacting the labor market
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    How is artificial intelligence changing the workforce?
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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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    It’s Tax Day. Still haven’t filed? Tips on how to get an extension and more
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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

  • Sameer Samat, president of Google's Android ecosystem, speaks at a tech conference in San Francisco, California, on June 4, 2026.
    David Paul Morris/Bloomberg/Getty Images/File
    Google’s Android chief lays out his vision for how AI will change our smartphones
  • 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 isn’t the biggest cybersecurity problem. People are
  • SpaceX billboard outside the Nasdaq MarketSite in Times Square, New York City on June 12, 2026 - the day of SpaceX's initial public offering and listing on the Nasdaq Stock Exchange.
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    SpaceX rises 6% after more than 900 million shares are unlocked

Media

  • This photograph shows an old VC-25A Air Force One parked on the tarmac prior to departure with President Trump from Ankara, Turkey, on July 8, 2026, after attending the NATO Summit.
    Saul Loeb/AFP/Getty Images
    After Trump plane ruse, WHCA presses White House on press pool safeguards
  • 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
  • The deal marks one of the biggest moves for Disney’s new CEO, Josh D’Amaro.
    Wolf von Dewitz/dpa/picture alliance/Getty Images
    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.
    Michael Yanow/NurPhoto/Shutterstock
    Paramount–Warner Bros. Discovery judge sets March 2027 trial date for antitrust fight

Housing

  • Mayor Zohran Mamdani is relying on private developers to help New York City build its way out of the housing crisis.
    Mostafa Bassim/Anadolu/Getty Images
    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.
    Jordan Vonderhaar/Bloomberg/Getty Images
    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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    Digital humans: the relatable face of artificial intelligence?
  • 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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    Top soccer clubs are using an AI-powered app to scout future stars
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    No one can agree on whether AI is the next big thing or all hype. Here’s why
  • New York City Mayor Zohran Mamdani wants to fix the city's public bathroom crisis.
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    Zohran Mamdani has big plans for housing, transit…and public bathrooms
  • 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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    Elon Musk’s bold new plan to put AI in orbit isn’t as crazy as it sounds
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