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CNN By Brian Stelter, CNN (CNN) — “Indefensible.” “It’s a bribe.” “Such a stain” on the administration. Some of President Donald Trump’s staunchest supporters are among the loudest critics of his plan to accept a jet from Qatar for use as Air Force One. In a rare break from the cheerleading that typifies MAGA media

By Ramishah Maruf, CNN New York (CNN) — AMC Theatres, the world’s largest theater chain, will be offering even more discounts to moviegoers starting this summer. Beginning July 9, the movie theater chain will offer 50% off adult movie tickets on Wednesdays for those part of the AMC Stubs rewards program. AMC already offers discounted

By Jordan Valinsky, CNN New York (CNN) — McDonald’s is seeking to hire up to 375,000 people ahead of the busy summer season, marking its biggest employment initiative in five years. The hiring surge is focused on staffing up its 13,000 US restaurants as the company prepares to open 900 new locations over the next

By Phil Mattingly, CNN (CNN) — President Donald Trump’s shock-and-awe tariff approach threatened to rupture the global financial system and drive the US economy into recession. Nervous about the prospect of empty store shelves and reignited inflation, Trump sent in his even-keeled and professional negotiators to Geneva to snag a win. The unexpectedly dramatic de-escalation

By Matt Egan, CNN New York (CNN) — America’s oil industry is facing immense pressure during Trump 2.0. Even though President Donald Trump vowed to usher in a period of American energy dominance, the administration’s trade war and OPEC’s production hikes have cast a shadow over the oil patch. In fact, once-gangbusters US oil production

CNN, POOL By Nectar Gan, Auzinea Bacon and Juliana Liu, CNN Hong Kong (CNN) — The United States and China agreed Monday to drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets. The announcement, which was

By Nectar Gan, Auzinea Bacon and Juliana Liu, CNN Hong Kong (CNN) — The United States and China agreed Monday to drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets. The announcement, which was made in

By Auzinea Bacon, CNN (CNN) — Stock futures rose Sunday after Treasury Secretary Scott Bessent said “substantial progress” was made in trade negotiations with Chinese officials, potentially thawing tensions kickstarted by Trump’s aggressive tariff policy. Dow futures jumped 1.03%, or 427.66 points. S&P 500 futures rose 1.31%, or 75.8 points, while the tech-heavy Nasdaq Composite

By Natasha Chen, CNN Los Angeles (CNN) — Kip’s Toyland has sold toys to children in Los Angeles for almost 80 years, through wars, recessions and a pandemic. But now tariffs of 145% on most Chinese imports threaten the livelihood of the city’s oldest toy shop, considering that nearly 80% of toys sold in the

By Nayeli Jaramillo-Plata, CNN (CNN) — Mother’s Day is busy season for American florists. But this year, there’s an added source of stress: President Donald Trump’s sweeping tariffs, which are raising the prices of some flowers and causing some wary shoppers to pull back on spending. “We have to charge more, and it’s definitely affecting

By Juliana Liu, Catherine Nicholls and Kit Maher, CNN (CNN) — President Donald Trump said Saturday there was “great progress made” on trade talks between the United States and China, amid a possible thaw in the trade war sparked by his massive tariffs. “A very good meeting today with China, in Switzerland. Many things discussed,

By Danielle Wiener-Bronner, CNN New York (CNN) — In June 2023, Jon Halper started selling THC beverages at Top Ten Liquors, his chain of Minnesota stores. The drinks, which contain the main intoxicating chemical compound found in cannabis, were a massive hit. “Immediately, the sales took off,” said Halper. “We’ve never seen anything explosive like

By Vanessa Yurkevich, CNN (CNN) — On Friday morning, West Coast port officials told CNN about a startling sight: Not a single cargo vessel had left China with goods for the two major West Coast ports in the past 12 hours. That hasn’t happened since the pandemic. Six days ago, 41 vessels were scheduled to

By Phil Mattingly, CNN (CNN) — A few hours after President Donald Trump’s trade negotiating team boarded a flight for the most important economic meetings in the world, their boss took to social media to publicly throw a curveball into the negotiations. That was the point – not necessarily the path. Trump’s decision to float

By Clare Duffy, CNN New York (CNN) — Bill Gates is calling out fellow tech billionaire Elon Musk over cuts made to US government spending under his watch through the Department of Government Efficiency, saying the gutting of the US Agency for International Development (USAID) would lead to millions of deaths around the world. The

By Matt Egan and Chris Isidore, CNN New York (CNN) — Even as President Donald Trump pushes a message of self-sacrifice when it comes to how many dolls American children should own, his administration’s first trade “deal” includes a carveout for cars – luxury ones. Trump on Thursday hailed the fact that the US-UK framework

By David Goldman and Alayna Treene, CNN (CNN) — President Donald Trump on Friday set negotiating terms for his administration’s first discussions with China, which are set to take place in Geneva this weekend. In a series of posts on Truth Social, Trump appeared to lay out his demands — and concessions — for the

By Lisa Eadicicco and Clare Duffy, CNN New York (CNN) — Just Google it. The phrase is a testament to just how synonymous the internet giant has become with finding information online as its services are now ubiquitous across everything from smartphones to laptops and even cars. But that success has come at a cost,

KNXV, CNN By Clare Duffy, CNN New York (CNN) — Stacey Wales spent two years working on the victim impact statement she planned to give in court after her brother was shot to death in a 2021 road rage incident. But even after all that time, Wales felt her statement wouldn’t be enough to capture

By Clare Duffy, CNN New York (CNN) — Stacey Wales spent two years working on the victim impact statement she planned to give in court after her brother was shot to death in a 2021 road rage incident. But even after all that time, Wales felt her statement wouldn’t be enough to capture her brother

By Juliana Liu, CNN Hong Kong (CNN) — China’s exports to the United States fell sharply in April after Donald Trump’s triple-digit tariffs took effect, in another sign of the damage the US president’s trade war is causing the world’s two largest economies as they prepare for de-escalation talks. Outbound shipments to the US stood

By Clare Duffy, CNN New York (CNN) — Almost anyone who has used the internet has probably experienced that alarming moment when a window pops up claiming your device has a virus, encouraging you to click for tech support or download security software. It’s a common online scam, and one that Google is aiming to

By Chris Isidore, CNN (CNN) — Long-delayed next Air Force One jets from Boeing might now be delivered by 2027 — in time for President Donald Trump to use them, according to a top Air Force official. While that’s still years behind the original delivery date of 2022, it’s one to two years earlier than

By Lisa Eadicicco, CNN (CNN) — President Donald Trump will rescind a set of Biden-era curbs meant to keep advanced technology out of the hands of foreign adversaries but that has been panned by tech giants. The move could have sweeping impacts on the global distribution of critical AI chips, as well as which companies

CNN By Clare Duffy, CNN New York (CNN) — When Bill and Melinda French Gates created the Gates Foundation in 2000, they had planned for the organization to continue its work, using their remaining fortune, for several decades after they died. But now, the billionaire Microsoft founder says he doesn’t want to wait that long

By Hadas Gold, CNN (CNN) — A new documentary about the 2022 killing of Al Jazeera correspondent Shireen Abu Akleh claims to have identified the Israeli soldier who fired the fatal shot. Additionally, the film alleges that while the Biden administration had initially concluded an Israeli soldier intentionally shot at Abu Akleh, despite the fact

By Jordan Valinsky, CNN New York (CNN) — Krispy Kreme’s partnership with McDonald’s to sell its doughnuts at all of the burger chain’s US restaurants didn’t turn out as sweet as it thought. The doughnut chain announced in its earnings release Thursday that it is “reassessing the deployment” of the rollout, temporarily stopping at 2,400

By Clare Duffy, CNN New York (CNN) — When Bill and Melinda French Gates created the Gates Foundation in 2000, they had planned for the organization to continue its work, using their remaining fortune, for several decades after they died. But now, the billionaire Microsoft founder says he doesn’t want to wait that long to

By Anna Cooban, CNN London (CNN) — The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in Britain to 4.25%. It is the fourth cut the central bank has made

By David Goldman, Phil Mattingly and Kaitlan Collins, CNN (CNN) — President Donald Trump made a significant trade announcement Thursday with the United Kingdom, yet another sign of some possible relief from historically high tariffs that have threatened serious damage to the US and global economies. The deal, hammered out at the 11th hour in

By Samantha Delouya, CNN (CNN) — The number of Washington, DC area homeowners who decided to list their homes for sale jumped last month amid steep cuts to the federal workforce. In the four weeks ending April 27, the number of active home listings in the nation’s capital surged 25.1% year-over-year, the largest gain on

By Jeanne Sahadi, CNN (CNN) — The Trump administration’s tariffs regime has disrupted markets, darkened the outlook for employers and businesses and hammered consumer sentiment. That’s why it’s more important than ever to take control of what you can financially. That can start with making sure your savings are earning the best returns possible and

By Chris Isidore, CNN (CNN) — Ford is hiking the sticker prices for the three US models it imports from Mexico by up to $2,000 each, just days after executives said they didn’t expect significant increases in industrywide car prices this year. The price increase was disclosed in a memo sent to Ford dealerships, first

By Reuters (Reuters) — Apple is “actively looking at” reshaping the Safari web browser on its devices to focus on AI-powered search engines, Bloomberg News reported on Wednesday, a move that could chip away at Google’s dominance in the lucrative search market. Apple executive Eddy Cue testified in the U.S. Justice Department’s antitrust case against

By Liam Reilly, CNN (CNN) — President Donald Trump is belatedly raging against CBS News’ latest Emmy nomination. The president took to his Truth Social platform on Wednesday morning to vent about the National Academy of Television Arts and Sciences’ decision to nominate the “60 Minutes” interview at the center of his defamation lawsuit against

By Liam Reilly, CNN (CNN) — Netflix is getting its first facelift in 12 years. The streaming giant on Wednesday announced a major overhaul of its home page, the first redesign since it unveiled its current home page in November 2013. Additionally, the streamer announced it will begin testing generative AI-boosted search and a TikTok-like

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve said Wednesday it will hold interest rates steady as the US economy begins to show the effects of President Donald Trump’s haphazard trade war. The central bank kept its benchmark lending rate unchanged at a range of 4.25% to 4.5%, extending a holding pattern that

By David Goldman, CNN (CNN) — US President Donald Trump’s top trade officials will meet with their Chinese counterparts this week to discuss a de-escalation of their increasingly ugly and damaging trade war. The future of the global economy is riding on their success. The trade talks, the first in-person meeting between Chinese and American

By Jordan Valinsky, CNN New York (CNN) — WeightWatchers, the 62-year-old program that revolutionized dieting for millions of people around the world, has filed for bankruptcy. The company announced Tuesday it has entered Chapter 11, which “will bolster its financial position, increase investment flexibility in its strategic growth initiatives, and better serve its millions of

By Olesya Dmitracova, CNN London (CNN) — India and Britain struck a “landmark” trade deal Tuesday, the UK government said, marking progress on lowering and removing tariffs just as President Donald Trump is busy raising US import taxes to historic levels. For weeks, Trump has said that at least one trade deal is imminent with

By Elisabeth Buchwald and David Goldman, CNN (CNN) — President Donald Trump, in his first Oval Office meeting with new Canadian Prime Minister Mark Carney, said there was nothing Carney could say to him Tuesday that would convince the president to reduce tariffs on Canadian goods. “No,” Trump said. “Just the way it is.” Trump

By Chris Isidore, CNN (CNN) — Tesla’s sales continue to dive across Europe even as car buyers there increasingly buy electric vehicles. Tesla sales were down sharply in April in the United Kingdom, the Netherlands, Denmark and Portugal, as well Sweden and France, according to monthly sales figures. Just like in the United States, Tesla

By Nick Watt, Vanessa Yurkevich, Alicia Wallace and David Goldman, CNN (CNN) — American consumers are on the cusp of tough choices because of President Donald Trump’s trade war. Ships now pulling into US harbors from China are the first to be subject to the massive tariffs that America is imposing on most Chinese imports.

By Alexandra Skores, CNN Hagerstown, Maryland (CNN) — While passenger anxieties may be experiencing an uptick, one new design aboard a small aircraft is attempting to change the future of flying when it comes to safety. And it comes with just the push of one button. Aircraft manufacturer Cirrus is launching the first Federal Aviation

By Elisabeth Buchwald, CNN New York (CNN) — A few months ago, the words “bonded warehouse” and “harmonized system codes” might not have been on the minds of many American business owners. Now they’re in a massive spotlight. After President Donald Trump slapped a whopping 145% minimum tariff on most goods coming from China, 25%

CNN By Alexandra Skores, CNN Hagerstown, Maryland (CNN) — While passenger anxieties may be experiencing an uptick, one new design aboard a small aircraft is attempting to change the future of flying when it comes to safety. And it comes with just the push of one button. Aircraft manufacturer Cirrus is launching the first Federal

By Matt Egan, CNN New York (CNN) — One of America’s closest allies recently raised eyebrows for threatening to fire off the ultimate financial weapon against Washington in trade talks: dumping US debt. Japanese Finance Minister Katsunobu Kato, whose country is the biggest holder of US Treasuries, said on Friday that selling the assets is

By Bryan Mena, CNN Washington (CNN) — Canadian Prime Minister Mark Carney will visit US President Donald Trump at the White House on Tuesday in what could be one of the most contentious meetings between the neighboring countries’ leaders in years. Canada is America’s second-biggest trading partner and one of its closest allies on many

By Juliana Liu, CNN Hong Kong (CNN) — US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent investors rushing to buy gold. They have now also roiled a normally staid corner of financial markets, with major potential implications for the future of the US dollar and

By Ramishah Maruf, CNN New York (CNN) — Last week, President Donald Trump advised Americans that his trade war could result in children’s dolls costing “a couple bucks more.” That, at least, seems to have come to fruition. Mattel, the toy manufacturing giant and maker of Barbie, plans to raise prices on American toys due

By Jordan Valinsky, CNN New York (CNN) — Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped drug store chain said it is looking for a buyer, and re-filing for Chapter

By Alicia Wallace, CNN (CNN) — A record-high percentage of student loan borrowers are delinquent, and the federal government is resuming collections on accounts in defaults. These developments are coming at a time when steep tariffs threaten to increase already high costs of living. We’re looking to learn how you are managing student loans and

By Chris Isidore, CNN (CNN) — President Donald Trump’s auto tariffs will cost Ford $1.5 billion this year, but the automaker said Monday it does not expect overall US car prices to rise significantly as a result. Ford CFO Sherry House told reporters that it expects US car prices to edge up 1% to 1.5%

By John Towfighi, CNN New York (CNN) — US stocks slid Monday and a historic rally for the S&P 500 lost steam as Wall Street awaited potential developments in trade negotiations between the United States and other countries. The Dow lost 99 points, or 0.24%. The broader S&P 500 fell 0.64% and the tech-heavy Nasdaq

By Liam Reilly, CNN (CNN) — Brendan Carr, the top communications regulator, doesn’t view his investigation into CBS as “a threat” to the broadcaster. Sitting down with CNBC host Sara Eisen at the Milken Institute’s Global Conference in Los Angeles on Monday, Carr called the federal inquiry into “60 Minutes” over its October interview with

By Reuters (CNN) — OpenAI said on Monday it would remain under the control of its nonprofit parent, while pushing ahead with plans to change the structure of its for-profit arm to allow more capital-raising to keep pace in the artificial-intelligence race. The announcement follows a storm of criticism and legal challenges, including a high-profile

By Brian Stelter, Jamie Gangel and Kevin Liptak, CNN (CNN) — Filmmakers and Hollywood financiers are baffled, to say the least, by President Trump’s announcement that he wants a 100% tariff on movies produced outside the United States. Several movie studio and streaming industry executives who spoke with CNN are downright apoplectic because, they believe,

By Olesya Dmitracova, CNN London (CNN) — The European Union will spend €500 million ($567 million) over the next three years “to make Europe a magnet for researchers,” a top official announced Monday in a veiled response to the Trump administration’s cuts to research funding and changes to science policy. Speaking alongside Ursula von der

By Nathaniel Meyersohn, CNN New York (CNN) — Skechers is fleeing the public market and hunkering down by going private during the middle of a trade war. The company announced Monday that investment firm 3G Capital will buy Skechers for $9.4 billion. 3G will pay $63 a share for the brand, a 30% premium of

By Matt Egan, CNN New York (CNN) — About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, according to a new analysis published Monday by TransUnion. Research from the information and insights company suggests that a significant number of Americans with student loan debt are

CNN By Matt Egan, CNN New York (CNN) — About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, according to a new analysis published Monday by TransUnion. Research from the information and insights company suggests that a significant number of Americans with student loan debt

By Auzinea Bacon, CNN (CNN) — Those who have followed Berkshire Hathaway have long-anticipated that the day would come when legendary investor and CEO Warren Buffett called it quits. But the news came unexpectedly at Berkshire’s annual shareholder meeting on Saturday, as the 94-year-old Oracle of Omaha waited until the end of the event to

By Jeanne Sahadi, CNN (CNN) — Many investors — especially high-income ones living in high-tax states — benefit from owning state and local municipal bonds for their tax advantages. The interest investors make on munis is exempt from federal income tax — and in some cases, state and local taxes too, if you buy a

By Samantha Delouya, CNN (CNN) — When a deal to buy Caitlin Bigelow’s San Francisco condo fell through last month, she felt relief, rather than disappointment. Bigelow was working with a real estate agent she trusted from Compass who had suggested she first list her home as a “Compass Private Exclusive.” That meant her home

By John Liu, CNN (CNN) — President Donald Trump says tariffs on Chinese imports to the United States will eventually be lowered, after both Beijing and Washington appeared to soften their positions about potential trade talks. “At some point, I’m going to lower them because otherwise you could never do business with them,” he said

CNN By David Goldman, CNN (CNN) — President Donald Trump on Sunday extended his trade war to the cinema. Trump, in an evening post on his social media platform Truth Social, said he has instructed the Commerce Department and US Trade Representative to place a 100% tariff on films that are produced outside the United

By David Goldman, CNN (CNN) — President Donald Trump on Sunday extended his trade war to the cinema. Trump, in an evening post on his social media platform Truth Social, said he has instructed the Commerce Department and US Trade Representative to place a 100% tariff on films that are produced outside the United States

By Auzinea Bacon, CNN (CNN) — Marvel’s “Thunderbolts” electrified the box office, beating expectations with $76 million in domestic sales this weekend. While not the massive opening weekend numbers that Marvel movies once posted, “Thunderbolts” beat expectations by about 8% and “sets into motion” a new chapter for Marvel, says Paul Dergarabedian, a senior analyst

By Reuters (CNN) — U.S. President Donald Trump said he would extend the June 19 deadline for China-based ByteDance to divest the U.S. assets of TikTok, the short video app used by 170 million Americans, if no deal had been reached by then. ”I would … I’d like to see it done,” Trump told the

By Auzinea Bacon, CNN (CNN) — President Donald Trump said the US economy is a mixture of his enacted policies and the effects of the Biden administration in a wide-ranging interview on NBC’s “Meet the Press with Kristen Welker.” “I think the good parts are the ‘Trump economy’ and the bad parts are the ‘Biden

By Leah Asmelash, CNN (CNN) — If you believe social media, signs of an impending recession are everywhere. Lady Gaga back on the charts? That’s a recession indicator. Coupons and canned good displays at grocery stores? Definitely recession indicators. And the return of knee-high Converse sneakers? Possibly the most obvious recession indicator of them all.

By Luciana Lopez, CNN (CNN) — It’s hard to think of anyone on Wall Street who contains quite the same contradictions as Warren Buffett. He’s a white-haired, ice-cream-eating, Cherry-Coke drinking avuncular figure — who has also cut some of the world’s sharpest deals and amassed a fortune bigger than some nations’ entire annual economy. Buffett,

By Ramishah Maruf, CNN New York (CNN) — Telling investors what’s coming is a normal part of doing business. But with tariff chaos sown throughout the economy, many major companies are “suspending guidance” entirely. Corporate America is wading through uncertain waters, stuck in an uncomfortable wait-and-see mode until it becomes clear whether Trump’s broad reciprocal

CNN By Auzinea Bacon, CNN (CNN) — In an announcement that many investors knew was coming but didn’t believe would actually happen, famed investor Warren Buffett said Saturday at Berkshire Hathaway’s annual shareholder meeting that he would step down as CEO at the end of the year. Greg Abel would take over at that point,

By Brian Stelter, CNN (CNN) — Less than two months ago, when the Trump administration turned off the Voice of America’s networks and websites, Kari Lake, a fierce loyalist to President Donald Trump, said the agency is “unsalvageable.” Now, Lake is working on salvaging it, and VOA may be about to come back online. “We

By Auzinea Bacon, CNN (CNN) — In an announcement that many investors knew was coming but didn’t believe would actually happen, famed investor Warren Buffett said Saturday at Berkshire Hathaway’s annual shareholder meeting that he would step down as CEO at the end of the year. Greg Abel would take over at that point, pending

By Ramishah Maruf, CNN New York (CNN) — Hours after a key US tariff exemption expired on Friday, Chinese e-commerce site Temu announced it was overhauling its shipping model, sending out all American sales via US-based sellers. “All sales in the U.S. are now handled by locally based sellers, with orders fulfilled from within the

By Chris Isidore, CNN (CNN) — The average car buyer doesn’t think about where the parts in their vehicle come from – but automakers do. That’s why a new round of auto tariffs – this time on parts – coming into effect Saturday could upend the industry, even more than previous levies on imported cars.

CNN By Samantha Waldenberg and Bryan Mena, CNN (CNN) — President Donald Trump appeared to dismiss growing concerns that his economic policies could cause a recession, telling NBC News that the economy would be “OK” in the long term even if a recession happens in the near future. “Some people on Wall Street say that

By Samantha Waldenberg and Bryan Mena, CNN (CNN) — President Donald Trump appeared to dismiss growing concerns that his economic policies could cause a recession, telling NBC News that the economy would be “OK” in the long term even if a recession happens in the near future. “Some people on Wall Street say that we’re

By Auzinea Bacon, CNN (CNN) — Household appliance maker SharkNinja is recalling roughly 1.8 million pressure cookers due to reports of burn injuries, according to a US Consumer Product Safety Commission notice posted Thursday. The Ninja Foodi OP300 Series Multi-Function Pressure Cooker risks burning users because the lid can be opened during use, potentially “causing

By John Towfighi, CNN New York (CNN) — US stocks rose Friday and the S&P 500 notched its longest winning streak since 2004 as China signaled openness to trade talks and investors digested a better-than-expected jobs report. The Dow closer higher by 564 points, or 1.39%. The broader S&P 500 rose 1.47% and the tech-heavy

By Matt Egan, CNN New York (CNN) — Zelle is returning to service after an outage for customers at some banks due to what the popular peer-to-peer payment platform blamed on a problem at a different firm. DownDetector, which lets users track outages, showed a spike in customers reporting payment problems starting Friday morning before

By Reuters (Reuters) — Take-Two Interactive on Friday pushed the release of “Grand Theft Auto VI” to May 26, 2026, extending the wait for the most hotly anticipated title in video-gaming history and sending its shares tumbling 8% in early trading. The title, developed by Rockstar Games, was previously slated for a fall 2025 launch.

By Anna Stewart, Maisie Linford and Issy Ronald, CNN (CNN) — OpenAI has withdrawn an update that made ChatGPT “annoying” and “sycophantic,” after users shared screenshots and anecdotes of the chatbot showering them with over-the-top praise. When CNN’s Anna Stewart asked ChatGPT after the rollback if it thought she was a god, it replied with

By Brian Stelter, CNN (CNN) — Radio Free Asia is laying off most of its staff and shutting down many of its news broadcasts and streams, amid a funding battle with the Trump administration. Friday’s layoff notices are the latest impacts of President Trump’s crusade against the international broadcasters the United States has bankrolled for

By Natasha Chen, CNN Los Angeles (CNN) — Edgar Recinos no longer has to choose between paying rent and buying groceries. As a cook at a Wingstop restaurant in Los Angeles, Recinos got a significant wage bump last year — one of half a million fast food workers taking part in a great labor experiment.

By John Towfighi and Matt Stiles, CNN (CNN) — The US stock market has been on a rollercoaster during President Donald Trump’s second term. The S&P 500 posted its third-worst 100-day start to a presidential term in US history, only behind Gerald Ford and Richard Nixon. The S&P 500 initially surged after Trump’s reelection in

By Nathaniel Meyersohn, CNN New York (CNN) — Diversity, equity and inclusion (DEI) has been losing with corporate America, with one big exception: the people who actually own the companies. This year, investors at some of America’s biggest companies — Costco, Apple, Levi’s, John Deere, Goldman Sachs and others — have overwhelmingly voted against proposals

By Bryan Mena, CNN Washington (CNN) — America’s long-resilient job market continues to defy expectations — even in the wake of swirling uncertainty. The US economy added a surprisingly strong 177,000 jobs in April, a slight slowdown from March’s downwardly revised 185,000 gains, according to Bureau of Labor Statistics data released Friday. April’s gain was

By John Liu and Lisa Eadicicco, CNN (CNN) — Tariffs could add $900 million to Apple’s costs this quarter, Apple CEO Tim Cook said on Thursday, as he revealed the tech giant was shifting production of iPhones sold in the United States from China to India. “Assuming the current global tariff rates, policies, and applications

By Brian Stelter and Clay Voytek, CNN (CNN) — President Donald Trump signed an executive order Thursday directing the Corporation for Public Broadcasting to end federal funding for America’s two biggest public broadcasters, which have faced a series of attacks from the White House and Republican lawmakers accusing them of biased reporting. The order instructs

By Elisabeth Buchwald and Ramishah Maruf, CNN New York (CNN) — Many Americans might not have felt major effects from President Donald Trump’s sweeping tariffs — until now. That’s because a major shipping loophole expired at one minute past midnight on Friday. The de minimis exemption, as it’s known, allowed shipments of goods worth $800

By John Liu, CNN Hong Kong (CNN) — China says it is “currently assessing” proposals by the United States to begin trade talks, in a subtle tone shift that could open the door for negotiations. A spokesperson for China’s Commerce Ministry said in a Friday statement that “the US has recently sent multiple messages to

By Alexandra Skores, CNN Washington, DC (CNN) — Driverless trucks are officially running their first regular long-haul routes, making roundtrips between Dallas and Houston. On Thursday, autonomous trucking firm Aurora announced it launched commercial service in Texas under its first customers, Uber Freight and Hirschbach Motor Lines, which delivers time- and temperature-sensitive freight. Both companies

By Ramishah Maruf, CNN New York (CNN) — Maroš Šefčovič, the European Union’s trade commissioner, said in an interview with the Financial Times Thursday that the bloc is making “certain progress” toward a trade deal with the United States, which would involve buying €50 billion more of US products. This deal would address the “problem”

By Hadas Gold, CNN (CNN) — Elon Musk has told his followers on X, “You are the media now.” Since joining the Trump administration, he has eschewed interviews with outlets he perceived as unfriendly, preferring to stay within the safe spaces of Fox News, conservative podcasts and his own social-media conversations. But as the Wall

CNN By Chris Isidore, CNN (CNN) — The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year. But in an interview on CNN, CEO Mary Barra said the company doesn’t necessarily expect to pass those higher costs onto consumers in the form of

By Jordan Valinsky, CNN New York (CNN) — Kohl’s has fired its newly installed CEO, who has spent less than five months in the position, after the retailer found that Ashley Buchanan engaged in unethical behavior. Buchanan’s dismissal was “for cause,” a rare rebuke of a business leader that carries serious weight in the business