A live feed shows Elon Musk on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite, in New York, on June 12, 2026.
Jeenah Moon/Reuters
AI stocks slide after top industry CEOs call for slowdown of technology’s development
AI-linked stocks tumbled Monday after the CEOs of some of the companies developing the most advanced AI models called for a slowdown in the technology’s development to allow for more guardrails to be put in place.
Why Trump’s effort to build more refineries won’t lower gas prices
President Donald Trump wants to reverse the decades-long decline in the number of US refineries in operation, which he believes is key to lowering gas prices, and he recently called oil executives to the White House to make that push.
Can the oil market survive a forever war with Iran?
The Iran war has lasted far longer than many expected — and so has a functioning oil market.
Inflation heated up last month, boosting the case for a Fed rate hike
Consumer prices rose at a 3.4% annual rate last month, the same pace as July, according to the latest Consumer Price Index from the Bureau of Labor Statistics.
America can’t grow its way out of its debt problem
The US economy is staring down the barrel of $40 trillion in debt, bond yields on the cusp of a 19-year high and a costly war driving inflation higher. The Trump administration has a novel solution: We’ll just grow our way out of the problem.
From pony fur to bamboo furniture, Trump’s trade war with Canada is getting even weirder
What do pony fur, sequins, golf carts, bamboo furniture and mezcal have in common? Until Tuesday evening, not much. Now they’re among what could soon be unlikely casualties of President Donald Trump’s intensifying trade war with Canada.
9/11 footage is reaching new audiences — and fueling old conspiracy theories
Even 25 years later, the planes keep crashing, and the towers keep falling. All across the web, people who are old enough to remember September 11, 2001, are rewatching the attacks and rereading about the aftermath, often via devices and platforms that didn’t exist 25 years ago.
What it’s like to use the iPhone Duo, Apple’s biggest change to the iPhone in its history
The iPhone is getting the biggest change in its nearly 20-year history: a screen that can bend in half.
Trump’s $5,000 checks would solve a problem that doesn’t exist – and create a new one
America’s economy has a perception problem: People think it’s weak, because prices are high. In reality, the economy is growing strong – probably too strong.
Global oil hits $105 per barrel and bond yields surge
Oil prices rose Thursday, with Brent crude hitting $105 per barrel for the first time since May, as traders brace for a more prolonged supply shock caused by the Iran war.

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War in Iran

A commercial vessel passes through an international shipping lane in the Red Sea on July 27.
Khaled Ziad/AFP/Getty Images
The Bab al-Mandeb Strait, a lifeline for the global economy, is in jeopardy
A narrow waterway located at the mouth of the Red Sea has provided an escape hatch for a sizeable chunk of the Middle East’s oil. That lifeline is now looking increasingly shaky.

Affordability in America

Some renters are turning to unconventional living arrangements to make life in the Big Apple a little more affordable. Katie Rettig, pictured here in Chelsea, New York, lived in a convent to keep costs down.
Marco Postigo Storel/CNN
From living with nuns to sharing with seniors, here are the unconventional ways people are affording NYC
As New York City rents climb, some young residents, still early in their careers, are turning to unconventional living arrangements to make city life work.

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A satellite image shows a view of the damage at Saudi Arabia's East-West pipeline after a strike on September 11, 2026 September 13, 2026.
Vantor
Saudi Arabia has shut a critical oil pipeline. Here’s why it matters for the global oil market
Yet another contingency plan for the global oil market – buffeted by more than six months of war between the United States and Iran – has come under serious threat.
10-year Treasury yield hits 5%, critical threshold for US economy and markets
The rise in bond yields hit a critical threshold on Monday, with the 10-year Treasury yield rising to 5%, a level briefly touched in 2023 and otherwise not seen since 2007. The move in the key benchmark could mean higher costs for Americans who want to buy a home, finance a car or take out other loans.
The Fed is preparing to raise rates. What if it doesn’t work?
The Federal Reserve has spent years holding off on higher interest rates, wary of doing unnecessary damage to the US economy. Now, as it prepares to raise rates this week, officials are facing a new question: Will they need multiple rate hikes to bring inflation down?
Trump won’t put the brakes on AI because he wants to beat China. How big a threat is Beijing?
Last weekend, as the world worried about the possibility of unconstrained artificial intelligence wiping out humanity, the leaders of the United States and China articulated their visions for the era-defining technology.

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