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U.S. cities pursue driverless trains as automation lags globally
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Markets, companies, deals, and economic developments explained in plain language.
BusinessClinical trial offers hope for aggressive leukemia patients
A Florida man who thought a sore knee was a gout flare learned he had acute myeloid leukemia and was told to consider hospice.
BusinessPersonalized mRNA vaccine reduces melanoma recurrence risk by 42%
Moderna and Merck's personalized mRNA vaccine, combined with Keytruda, cut the risk of recurrence or death by 42% in Stage 3 melanoma patients, NBC News reports.
BusinessBanks detect unauthorized AI agents accessing customer accounts
Major U.S.
BusinessTrump invokes Defense Production Act to boost fuel output
President Trump says $150 million in Defense Production Act spending will boost U.S.
BusinessCalifornia High-Speed Rail paid KPMG millions beyond winning bid
Records reviewed by CBS California indicate the state rail authority knew KPMG planned to bill well above its low winning bid.
BusinessRussian diesel tanker sails to US under Trump-Putin deal
A Malta-flagged tanker carrying Russian diesel left Primorsk for New York, the first cargo since Trump's deal with Putin.
BusinessU.S. markets tumble amid Iran conflict fears and AI spending concerns
U.S.
BusinessGoldman Sachs launches AI institute to help small businesses adopt technology
Goldman Sachs announced a $500 million expansion including a Small Business AI Institute in partnership with Google, Anthropic, OpenAI, and Meta to provide AI training and tools to smaller employers.
BusinessMeta ordered to pay $25 billion in New Mexico privacy ruling
A New Mexico judge ordered Meta to pay $25 billion after a jury found the company misled consumers for years about how it handled their personal data.
BusinessOne in five Americans cut groceries to pay electricity bills
A Consumer Reports survey finds about one in five Americans have trimmed grocery spending to pay electricity bills, as roughly 80% of long-term residents report higher power costs over the past three years.
BusinessUK approves North Sea Jackdaw gas field after court challenge
The UK government approved drilling at the Jackdaw gas field in the North Sea, citing energy security and household costs.
BusinessTrump administration launches $8 billion diesel relief program for farmers
The Agriculture Department will open an $8 billion Harvest Fuel Relief program to offset record diesel costs for farmers.
BusinessOil prices surge amid Middle East tensions ahead of midterms
Crude jumped to its highest level in months on Tuesday as shipping costs through the Strait of Hormuz soared and regional attacks widened.
BusinessResearchers identify molecular cause of statin-related muscle pain
Researchers in Canada and the US have mapped how a widely used cholesterol drug can force open a calcium channel in muscle cells.
BusinessNetflix Reports Earnings After Executive Overhaul, Layoffs
Netflix reports third-quarter results Tuesday after its deepest layoffs since 2022 and a shake-up of its top ranks.
BusinessCNN's Christiane Amanpour to depart after 43 years
CNN's chief international anchor plans to leave the network next June after more than 43 years.
BusinessChina's economy grows 4.5% on AI equipment export surge
China's economy grew 4.5% in the third quarter, beating forecasts as exports tied to the global AI boom offset weak consumer spending and a deep slump in investment, official data showed.
BusinessMusk, Anthropic pledge to share company ownership with public
Elon Musk promised a SpaceX share for every child in America, a day after Anthropic said it would set aside 5% of its shares for a public benefit fund.
BusinessUS consumers wary as retailers embrace AI pricing technology
Shoppers are growing wary of digital shelf labels, dynamic pricing and AI-driven price setting at US stores and restaurants.
BusinessIkea mocks Tesla flying car with toy set and towel
After Tesla showed a concept for a flying Roadster Rocket Edition, Ikea Taiwan answered with an Instagram post pairing a $12.99 toy car set with a bath towel, and called it "Safe, affordable."
BusinessOil surges to five-month high amid Middle East and Ukraine tensions
Brent crude topped $110 a barrel Friday for the first time since May, and U.S.
BusinessWholesale inflation hits 2022 levels as September prices surge
Producer prices jumped significantly in September, returning to levels not seen since 2022 and intensifying affordability concerns.
BusinessStock market wobbles as AI investment returns come under scrutiny
U.S.
BusinessTexas Democrat Talarico raises record $64 million in third quarter
James Talarico's campaign announced a $64 million fundraising haul from July through September, surpassing the previous third-quarter record.
BusinessGovernment records reveal safety failures at Six Flags parks
A CNN analysis of public records found hundreds of injury reports and maintenance issues at Six Flags parks in the years before this week's fatal accident at its Georgia location.
BusinessData center builder offers Kansas town residents $10,000
Digital Realty is providing $1,000 annual utility and property tax credits to De Soto households for a decade to gain support for a planned 1,400-acre facility.
BusinessDow closes in the red after report finds inflation rose in September
The Dow declined following a government report showing inflation rose to 3.7% annually in September, primarily due to elevated energy prices.
Business’60 Minutes’ Sees Audience Dip Without NFL Lead-In
The CBS newsmagazine averaged 6.06 million viewers, down 41% from the previous week when an NFL game provided a strong lead-in.
BusinessInflation surged in September as U.S. energy costs jumped
Energy costs drove inflation higher than expected in September, with gasoline prices rising 9.1% from the prior month and accounting for over half the monthly increase.
BusinessFox’s $22 Billion Roku Deal Approved by Shareholders of Both Companies
Fox Corp.
BusinessSocial Security recipients will receive a 3.6% cost-of-living increase in 2027
The cost-of-living adjustment, the largest this decade, will add $75.15 monthly on average but may still fall short of covering rising expenses for seniors.
BusinessHow South Africa Rescued Its Rebate and Pulled the Industry Back From the Brink: We’re ‘Back in Business’
The long nightmare might be over for South African producers, whose industry has been crippled for more than two years by the paralysis of a rebate program that for all intents and purposes had ceased to function.
BusinessChina Box Office: ‘Resident Evil’ Dethrones ‘Traces of Justice’ to Claim Top Spot as Post-Holiday Market Cools
Constantin Film and Sony Pictures’ horror reboot “Resident Evil” took the crown at the mainland China box office during the Oct.
BusinessSlamdance Alzheimer’s Drama ‘Banr’ From ‘Fox Hunt’ Writer Erica Xia-Hou Heads to Busan Market (EXCLUSIVE)
Hong Kong’s Cappu Films has taken on worldwide sales for “Banr,” Erica Xia-Hou’s Canadian-Chinese drama about a 40-year marriage tested by Alzheimer’s disease.
BusinessHollywood economy suffering as film jobs lost, production money moved out of state
The entertainment economy in Hollywood is struggling as studios lose jobs to industry consolidation and film producers look outside California.
BusinessVietnamese Supernatural Horror ‘Bloodline: The Curse Within’ Heads to Busan Market With Mockingbird Pictures (EXCLUSIVE)
Vietnamese supernatural horror film “Bloodline: The Curse Within” will be introduced to international buyers by Mockingbird Pictures at the Asian Contents & Film Market (ACFM), the market of the Busan International Film Festival.
BusinessVietnamese Horror ‘Arithmadtic’ Leads Bee Entertainment’s Busan Market Slate, With New Film From ‘The Corpse’ Director
Psychological horror “Arithmadtic,” set in an elite international school, leads a genre-heavy slate that Vietnam’s Bee Entertainment is presenting to buyers at Busan’s Asian Contents & Film Market (ACFM).
BusinessCambodian Remake of Korean Mother-Daughter Drama ‘Wedding Dress’ Leads Abnormal Studios’ Busan Market Slate (EXCLUSIVE)
A Phnom Penh-set reworking of Kwon Hyung-jin’s 2010 South Korean drama “Wedding Dress” is the lead title for Malaysia’s Abnormal Studios at this year’s Asian Contents & Film Market in Busan, where the company is selling the film ahead of its local release.
BusinessEdward Zhang, Casper Van Dien, Jeff Fahey Star in China-U.S. WWII Spy Series ‘Operation Doolittle,’ Heading to Busan Market (EXCLUSIVE)
World War II espionage drama “Operation Doolittle,” a China-U.S.
BusinessDelta CEO says demand is still strong despite company slashing 2026 profit forecast
Delta Air Lines' stock stayed flat on Friday despite news that it will slash its 2026 profit outlook.
BusinessSouth Asian Filmmakers to Vie for $150,000 at Tasveer Film Market as Netflix, Aamir Khan Pictures Attend
South Asian filmmakers from around the world will compete for $150,000 in grants at the third Tasveer Film Market, held in tandem with the 21st edition of the Tasveer Film Festival in Seattle from Oct.
BusinessDanny and Oxide Pang’s Josie Ho-Starring Supernatural Thriller ‘The Mage’ Sets Busan Market Debut With Abnormal Studios (EXCLUSIVE)
Danny and Oxide Pang’s supernatural crime thriller “The Mage,” starring Josie Ho, is being introduced to international buyers at the Busan International Film Festival’s Asian Contents & Film Market (ACFM) as the film opens in its first Asian territories.
BusinessGeorgia governor candidates spar over the economy and Trump in lone debate
Democrat Keisha Lance Bottoms and Republican Rick Jackson clashed Tuesday night during their only scheduled debate of this fall’s race for governor in Georgia.
BusinessGeorgia governor candidates spar over the economy and Trump in lone debate
Democrat Keisha Lance Bottoms and Republican Rick Jackson clashed Tuesday night during their only scheduled debate of this fall’s race for governor in Georgia.
BusinessFord CEO says it's his company's responsibility to bring more affordable vehicles to the U.S.
Americans are still buying cars, but they're borrowing record amounts of money and taking on longer car loans to help make ends meet.
BusinessCBS News poll finds 66% disapprove of Trump's handling of the economy
Pressure is building on President Trump to address the cost of living, with Americans frustrated with his handling of the economy and rising prices.
BusinessDan Houser on Leaving ‘GTA 6’ Studio Rockstar Games, Starting an Absurd New Company and Why He Doesn’t Play Open-World Games Anymore
“Red Dead Redemption” and “Grand Theft Auto” mastermind Dan Houser is ready to spill the first significant details about his next video game projects.
BusinessPower 25 Marketers and Advertisers: From Sales to Creative to Measurement, These Leaders Drive the Business of Madison Avenue
Even people who have been around the block a few times on Madison Avenue find themselves sometimes having to ask for directions.
BusinessEmma Chamberlain on Building Her Coffee Company’s First Storefront and Her Social Media Hiatus: ‘The Internet Has Caused a Lot of Psychological Challenges’
Emma Chamberlain’s months-long hiatus from the internet is not because she’s “disappearing and being fucking lazy.” More importantly, it’s not forever.
BusinessSenate Democrats block bill to limit lawmakers' stock trades
A Republican-led effort to approve a House-passed stock trading bill fell short in the Senate, with Democrats saying the restrictions don't go far enough and pushing back against a voter ID provision.
Why Senate Democrats blocked a bill to limit lawmakers' stock trades
A bill that would have prohibited lawmakers and their family members from buying publicly-traded stocks was blocked by Senate Democrats on Wednesday over an attached rider on voter ID laws.
BusinessFed watchdog finds no laws broken in $2.5 billion Fed renovation
The Federal Reserve inspector general also did not find fault with features the White House had complained were "ostentatious" and not compliant with the approved plans.
BusinessSets and the City: Why New York’s Film and TV Business Is Booming
When Rafael Espinal took office in February as New York City’s entertainment chief, he looked around and saw a city that was thriving but had yet to recover from a yearslong slump in film and TV production.
BusinessWatchdog finds no criminality in Fed renovation that drew Trump’s scrutiny
The Federal Reserve’s watchdog said it found no grounds to believe federal law was violated in a project that drew criticism from President Donald Trump.
BusinessAnton Studios Joins The Creatives as Partner and Investor as Producer-Led European Company Enters Jointly Owned Holding Structure (EXCLUSIVE)
Fast-growing European studio Anton Studios is taking a minority position as a partner and investor in The Creatives.
BusinessTom Cruise Pulls Out ‘Risky Business’ Dance Moves for ‘Jennifer Hudson Show’ Spirit Tunnel
Tom Cruise pulled out his “Risky Business” dance moves (and those black Ray-Ban sunglasses) for his much-anticipated walk down “The Jennifer Hudson Show’s” Spirit Tunnel.
BusinessTrump administration rolls back Biden-era fuel economy standards
Regulators estimate the new rules will result in an average of 34.9 miles per gallon by model year 2031, down from an earlier projection of 50.4 mpg.
BusinessTaylor Swift Still Has Unfinished Business With Her Exes — Thank God! — While Also Mooning Over Her Groom in ‘The Life of a Showgirl: The Encore’: New Tracks Review
If you’re a Taylor Swift fan, one of your deepest fears this year might have been that the pop superstar will be so wrapped up in a long, rapturous honeymoon that she’ll neglect to bring us down by continuing to write about the bums that got away, or any...
BusinessMortgage rates surpass 7% for first time in 2 years amid inflation, Iran war
The 30-year fixed rate mortgage in the U.S.
BusinessSister Group Strikes Partnership With Branded Entertainment Company Common Interest, Makes Minority Investment
Sister Group, Jane Featherstone and Elisabeth Murdoch‘s ever-growing transatlantic powerhouse, has entered the branded entertainment business by forging a strategic partnership with London-based company Common Interest, in which it has also taken a...
BusinessDon’t Lie, Don’t Cry and Use Common Sense: Adam Levy, Judge Judy’s Son, Joins the Family Business With ‘Adam’s Law’
Don’t lie and don’t cry.
BusinessGOP senator calls for subpoenaing Donald Trump Jr. and Hunter Biden over their business dealings
A Republican senator is calling for an investigation into the business dealings of Donald Trump Jr.
BusinessInside the 2026 San Sebastián-CAA Media Finance Creative Investors’ Conference
Acme AI & FX’s Ryan Kavanaugh, Laura Austin-Little at Black Bear International, Neon’s Elissa Federoff, StudioCanal’s Ron Halpern and Sumerian Pictures’ Rob Williams are confirmed for San Sebastián’s fifth Creative Investors’ Conference, co-organized with...
BusinessJohn Oliver Takes Swipe at David Ellison and His ‘Business Daddy’ Larry Ellison on ‘Last Week Tonight’
When we last saw John Oliver behind the desk of “Last Week Tonight,” he was mocking Trump for sacrificing a number of members of his senior staff on a decoy plane amidst his peculiar catering truck escape in Turkey.
BusinessTariffs, inflation, trade wars taking toll on American farmers
America's farmers face a tough harvest this year with trade wars, tariffs and inflation all taking a toll.
BusinessPoll: Most voters say Trump has hurt the economy as competitive midterm election looms
President Donald Trump’s sinking ratings threaten to drag down Republicans in November’s midterm elections, as voters blame him for high prices and a shaky economy, according to a new NBC News poll.
BusinessA rapper gets the boot, and the Fed raises interest rates: The news quiz
The Kennedy Center votes to close, Merriam-Webster adds new words, and House lawmakers leave early.
BusinessVIFF’s First Business Hub Lineup Mixes It Up With a Vibrant Lineup
Expanding its industry ambitions this year, the Vancouver International Film Festival, as part of its newly established Institute for the Moving Image, has announced its slate of eight first-ever Works in Progress (WIP), alongside eight international...
BusinessFarmer who voted for Trump says "I can't stay in business" amid rising costs
Matt Bell has been farming in North Carolina for more than half his life.
BusinessWhat the Fed's rate hike reveals about Warsh, Trump and inflation
The Fed's first rate hike in more than three years underscores the challenge of taming inflation as the Iran war drags on.
BusinessFed votes to raise interest rates by 0.25 percentage points
The Federal Reserve voted unanimously Wednesday to raise interest rates by 0.25 percentage points in the first hike since July 2023.
BusinessWill a CD or a high-yield savings account be better to open after the Fed's rate hike?
After a new Fed rate hike, will a CD or a high-yield savings account be better for savers?
BusinessFed raises interest rates for first time since 2023, defying Trump as inflation mounts
Federal Reserve chairman Kevin Warsh during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on July 29, 2026.
BusinessFed Chair Kevin Warsh speaks to press following interest rate announcement
Watch live coverage as Fed Chair Kevin Warsh speaks to the press following the latest interest rate announcement.
BusinessStocks dive ahead of expected Fed interest rate hike
Stocks stayed in the red on Tuesday ahead of the Federal Reserve's interest rate decision on Wednesday.
BusinessIran war driving up inflation for Americans, CBO report says
The Congressional Budget Office estimates the war with Iran is the cause of more than one-third of the increase in inflation this year and that it will cause further increases in the first quarter of next year, according to a new report released on Tuesday.
BusinessFed rate hike expected on Wednesday. See what it means for your money.
The Federal Reserve is likely to raise borrowing costs on Wednesday, and more hikes could be in store, according to economists.
BusinessWhat a Fed rate hike could mean for mortgage rates (and what borrowers need to do now)
Planning to buy a home soon?
BusinessEverWonder Names Lizzy Roberti EVP, Brand Partnerships, Business Development
Lizzy Roberti, a veteran from the worlds of advertising, podcasting and sports, has been named executive vice president of brand partnerships and business development at EverWonder Studio, the independent content studio backed by Jeff Zucker’s RedBird IMI,...
BusinessThe U.S. economy faces mounting headwinds. Here are the top risks.
Rising energy costs, persistently high inflation and mounting federal debt are clouding the outlook for the U.S.
BusinessWhat a Fed rate hike could mean for gold and silver prices
Gold and silver prices are under pressure right now, and this week's Fed decision could determine what comes next.
BusinessUS Gas Prices Hit Record High; Fed Poised to Raise Interest Rates
The national average for a gallon of gas is now at $4.32, with the price of diesel even high at a record-shattering $6.23.
BusinessBessent dared the bond market to ‘bet against’ him. It did — and it appears to be winning.
Treasury Secretary Scott Bessent left the door open to further bond buybacks, but the Treasury Department may be running out of tools.
BusinessSunday on 60 Minutes: Hidden camera investigation explores lucrative business of brokering pardons
Tune in Sunday at 7:30p ET/PT for a 60 Minutes hidden camera investigation into a lucrative business: brokering pardons for felons.
BusinessFed rate hike likelihood jumps to nearly 90% after hotter CPI report
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
BusinessShould you wait until after the September Fed meeting to invest in gold?
The Fed's next decision could move gold prices sharply, making the timing of your investment worth considering.
Business‘Company’ Stars Nick Nolte, Adelaide Clemens on the Film’s Power of Stillness
‘Company’ Stars Nick Nolte, Adelaide Clemens on the Film’s Power of Stillness is a developing story being tracked by Unscrolled.
BusinessWill a credit card company close your account if you enter a hardship program?
Will a credit card company close your account if you enter a hardship program?
BusinessIran increases gasoline price for its heaviest consumers as economy struggles
Iran increases gasoline price for its heaviest consumers as economy struggles is a developing story being tracked by Unscrolled.
BusinessAlix Earle Rips Into ‘Toxic’ Alex Cooper in Fiery Statement on Feud: ‘The Way You Approach Business Is Disgusting. You...
Alix Earle Rips Into ‘Toxic’ Alex Cooper in Fiery Statement on Feud: ‘The Way You Approach Business Is Disgusting.
BusinessModest pay hikes next year could leave some workers lagging inflation
Modest pay hikes next year could leave some workers lagging inflation is a developing story being tracked by Unscrolled.
BusinessJudge orders National Guard shooting suspect to be force-fed amid hunger strike
Judge orders National Guard shooting suspect to be force-fed amid hunger strike is a developing story being tracked by Unscrolled.
BusinessKalshi official reacts to oversight ruling against company
Kalshi official reacts to oversight ruling against company is a developing story being tracked by Unscrolled.
BusinessThe Ringer’s Sean Fennessey Criticizes His Parent Company’s Partnership With Netflix: ‘There’s an Inherent Conflict’...
The Ringer’s Sean Fennessey Criticizes His Parent Company’s Partnership With Netflix: ‘There’s an Inherent Conflict’...
BusinessTrump's oil and gas stock trades continued during Iran war, filings show
Trump's oil and gas stock trades continued during Iran war, filings show is a developing story being tracked by Unscrolled.
BusinessFed will have "work to do" if inflation doesn't fade, Warsh says
Fed will have "work to do" if inflation doesn't fade, Warsh says is a developing story being tracked by Unscrolled.
BusinessDisney+, Pokemon Company Ink Global Distribution Deal, Including New Stop-Motion Series
Disney+, Pokemon Company Ink Global Distribution Deal, Including New Stop-Motion Series is a developing story being tracked by Unscrolled.
BusinessPayal Kapadia, Neeraj Churi, Subhadra Mahajan Among Talent Behind SASO, IFFSA-Backed South Asian Toronto Market...
Payal Kapadia, Neeraj Churi, Subhadra Mahajan Among Talent Behind SASO, IFFSA-Backed South Asian Toronto Market...
BusinessKevin Warsh walks a fine line on inflation in key speech
Kevin Warsh walks a fine line on inflation in key speech is a developing story being tracked by Unscrolled.