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CNN By Bryan Mena and Phil Mattingly, CNN (CNN) –– President Donald Trump’s US Trade Representative Jamieson Greer on Tuesday defended the administration’s expansive tariffs, saying that its concerns would not be resolved overnight, and in at least one case, the tariffs were about “running up the score.” Greer’s comments came during a routine hearing

By Anna Cooban, CNN London (CNN) — A top White House trade official has a message for world leaders caught in the crosshairs of US President Donald Trump’s tariff plans: it’s “just the beginning.” Peter Navarro, the president’s senior counselor on trade and manufacturing, wrote in an opinion piece in the Financial Times Monday that

By Jeanne Sahadi, CNN (CNN) — Your portfolio, whether in a 401(k), IRA or brokerage account, is almost certainly in the red year-to-date after the precipitous stock plunge over the past week following President Trump’s announcement of his tariffs regime. If you also have bonds and cash in your portfolio, the good news is that

By Phil Mattingly and Bryan Mena, CNN (CNN) –– President Donald Trump’s US Trade Representative Jamieson Greer on Tuesday defended the administration’s expansive tariffs during a routine hearing before the Senate Finance Committee. “Last Wednesday, President Trump declared a national emergency in response to the large and persistent trade deficit that has built up in

By Matthew Kaufman, CNN New York (CNN) — Applying for a new job? A human resources representative or hiring manager may not be the first to review your resume. Instead, it might be an AI-powered tool. With some job postings attracting hundreds or thousands of applications, companies are increasingly using AI to sort through applicants

By Jordan Valinsky, CNN New York (CNN) — Cinnabon is facing an existential threat as it turns 40: How does a chain that’s become synonymous with the food court evolve when fewer malls are being built? GoTo Foods, Cinnabon’s parent company, isn’t looking too far for a solution. Next month, Cinnabon is opening a first-of-its-kind

By Bryan Mena, CNN Washington (CNN) — President Donald Trump is overhauling the wrong economic policies, industry experts say, and it could cost America the high-stakes artificial intelligence race against China. Trump last week announced sweeping tariffs to reinvigorate US manufacturing, an industry that’s been in decline for decades. But the tariffs — along with

By Brad Lendon, CNN Seoul, South Korea (CNN) — America’s largest military shipbuilder has signed a deal with a South Korean company that experts say could be a big step in helping the US Navy build new warships to keep pace with rival China in fleet size. Virginia-based HII (Huntington Ingalls Industries) and South Korea’s

CNN By Anna Cooban, CNN London (CNN) — Wealthy business leaders are turning on US President Donald Trump over his plan to impose a colossal set of tariffs on America’s trading partners, as losses mount on stock markets around the world. Billionaire investor Bill Ackman, who endorsed Trump’s 2024 presidential bid, warned Sunday that going

CNN By Hadas Gold and Brian Stelter, CNN New York (CNN) — An errant post on X may have just shaken the stock market, showing how influential — and unreliable — the social media platform can be. Unsourced “headlines” about a potential “90-day pause in tariffs” sent markets into a state of turbulence Monday morning

By Chris Isidore, CNN (CNN) — These are nervous times for Tesla bulls on Wall Street. They now believe the future ain’t what it used to be, to paraphrase noted market analyst Yogi Berra. In recent weeks, even some of Tesla’s biggest analyst fans are changing course. They’re cutting their lofty 12-month price targets and

By Alicia Wallace, CNN (CNN) — The decades-long softwood lumber dispute between the US and Canada is escalating even before planned tariffs take effect: The US plans to more than double existing anti-dumping and countervailing duties on the critical building material. The US Department of Commerce, as part of an annual review process, plans to

By Hadas Gold and Brian Stelter, CNN New York (CNN) — An errant post on X may have just shaken the stock market, showing how influential — and unreliable — the social media platform can be. Unsourced “headlines” about a potential “90-day pause in tariffs” sent markets into a state of turbulence Monday morning as

By Anna Cooban, CNN London (CNN) — Wealthy business leaders are turning on US President Donald Trump over his plan to impose a colossal set of tariffs on America’s trading partners, as losses mount on stock markets around the world. Billionaire investor Bill Ackman, who endorsed Trump’s 2024 presidential bid, warned Sunday that going ahead

By Chris Isidore, CNN (CNN) — The United Auto Workers union, and many of its members, have publicly agreed with President Donald Trump’s decision to slap 25% tariffs on all imported cars. But about 900 UAW members will start paying the price for those tariffs starting Monday. That’s how many hourly workers at five US

By Lisa Eadicicco, CNN New York (CNN) — Nintendo found what works — and it’s not turning back. That’s the impression the company gave last week when it introduced the Switch 2, which launches June 5 and costs $450 — substantially more than its $300 predecessor. Nintendo’s next-generation console is a significantly upgraded version of

By David Goldman, John Towfighi and Matt Egan, CNN New York (CNN) — US stocks mostly fell after an extremely volatile day Monday — tumbling, surging and then bouncing around in every direction, as traders searched for any sign that President Donald Trump’s tariffs could be negotiated or halted. Markets around the world had tumbled

By David Goldman and Matt Egan, CNN (CNN) — JPMorgan CEO Jamie Dimon has issued a blunt warning about President Donald Trump’s tariff policy: It threatens to raise prices, drive the global economy into a downturn and weaken America’s standing in the world. “The recent tariffs will likely increase inflation and are causing many to

By Harry Enten and Matt Egan, CNN New York (CNN) — President Donald Trump warned Americans in 2024 that a vote for Vice President Kamala Harris would be a vote for a market meltdown. “You want to see a market crash? If we lost this election, I think the market would go down the tubes,”

By Allison Morrow, CNN New York (CNN) — It is wise for investors “to be fearful when others are greedy and to be greedy only when others are fearful,” according to one of Warren Buffett’s classic aphorisms. But it’s not easy to pinpoint the mood on the Street. Markets are notoriously unpredictable, propelled by “animal

By Simone McCarthy, CNN Hong Kong (CNN) — As countries around the world scramble to negotiate concessions from US President Donald Trump’s escalation last week of a global trade war, China has taken a different tack. Within 48 hours of Trump’s market-hammering tariffs announcement, the world’s second-largest economy swiftly retaliated with its own punitive measures

CNN By Jade Walker, CNN (CNN) — The US Naval Academy has removed 381 books from the Nimitz Library to comply with the Trump administration’s decision to remove diversity, equity and inclusion efforts from the federal government. Among the texts that cadets are no longer allowed to access are: “I Know Why the Caged Bird

By Juliana Liu and John Liu, CNN Hong Kong (CNN) — Global markets plunged on Monday, deepening a global stocks rout triggered by US President Donald Trump’s trade war and China’s forceful response to unexpectedly high tariffs. Germany’s Dax opened down 9%, while London’s FTSE was about 5% lower. European markets were, on the whole,

CNN By Robert Ilich, David Goldman and Samantha Waldenberg, CNN (CNN) — The tariff-induced market mayhem isn’t over just yet. US stock futures plunged Sunday evening after two sessions of sell-offsthat wiped away over $5.4 trillion in market value. Stocks were set to open sharply lower Monday, putting the S&P 500 on the precipice of

By Robert Ilich, David Goldman and Samantha Waldenberg, CNN (CNN) — The tariff-induced market mayhem isn’t over just yet. US stock futures plunged Sunday evening after two sessions of sell-offs that wiped away over $5.4 trillion in market value. Stocks were set to open sharply lower Monday, putting the S&P 500 on the precipice of

By Auzinea Bacon, CNN (CNN) — The blockbuster adaption of the 2011 video game “Minecraft” shattered box office expectations, grossing $162.75 million domestically, and marking the biggest opening weekend of the year. Industry analysts initially projected Warner Bros. Pictures’ “A Minecraft Movie” would gross $60 million before adjusting that estimate to about $100 million. Warner

By Jeanne Sahadi, CNN (CNN) — Having financial flexibility in retirement — especially in being able to maximize your spending while minimizing your taxes — is an optimal situation. And it’s one you can arrange by keeping at least some of your retirement savings in a tax-free account. “You’re giving yourself more options in the

By Auzinea Bacon, CNN (CNN) — More than 60 protests were planned for Saturday, and a dozen more for Sunday, at Tesla showrooms across the United States, as backlash continues against CEO Elon Musk for his cost-cutting role at the Department of Government Efficiency. Just a week after more than 200 demonstrations took place at

By Robert Ilich, CNN (CNN) — Elon Musk, the world’s richest man and the face of the Trump administration’s Department of Government Efficiency, said Saturday that he hopes for a “zero-tariff situation” between Europe and the United States. “At the end of the day, I hope it’s agreed that both Europe and the United States

By Jordan Valinsky, CNN New York (CNN) — Mega Millions is getting a makeover — including more than doubling the price of a ticket — as the multi-state lottery game aims to improve players’ odds and dish out bigger jackpots. The lottery, which is available to play in 45 states plus Washington, DC, and the

By Bryan Mena and Alicia Wallace, CNN (CNN) — The massive tariffs that President Donald Trump announced for dozens of trading partners Wednesday were pitched as “reciprocal,” simply aiming to match the tariffs other countries charge the United States. But the methodology behind Trump’s attempt to rebalance trade has nothing to do with the tariff

By Anna Cooban, CNN Birmingham, UK (CNN) — Will Timms is a very busy man. The pest controller spends his days criss-crossing Britain’s second-largest city to remove rats, cockroaches and other unwanted creatures from people’s homes. Lately, Timms’ phone has barely stopped ringing as some 17,000 metric tons of garbage have piled up on Birmingham’s

By David Goldman, CNN (CNN) — America has a brand new tax on virtually every item that comes over its border: 10%. The universal tariff went into effect Saturday at 12:01 a.m. ET after President Donald Trump signed an executive order earlier in the week requiring a baseline tax for all imports. The announcement sparked

CNN By Jeremy Herb, Jeff Zeleny, Kayla Tausche and Phil Mattingly, CNN (CNN) — President Donald Trump’s sweeping new tariffs are facing blowback from all corners – a market sell-off, foreign retaliation, anger from corporate America and skepticism from the Federal Reserve chairman and some allies in Congress. So far, the president is defiant in

By Liam Reilly, CNN (CNN) — If a picture is worth a thousand words, then D.W. Pine — Time’s longtime creative director who recently published his thousandth cover — certainly has a lot to say. Pine, who joined the magazine in 1998, has put the world’s most recognizable faces within the storied red border, from

By Bryan Mena, CNN Washington (CNN) — Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation,” he said at an event just outside Washington,

By Alicia Wallace, CNN (CNN) — As of March, the US labor market remained on solid footing: Job gains were broad-based and better than expected and participation picked up. However, a lot has changed for the US economy — and the world — in the first few days of April. President Donald Trump levied sweeping

By Nathaniel Meyersohn, CNN New York (CNN) — Restaurant industry icons where Americans went out for decades for wings, dinner, and celebrations are facing a crisis. Hooters filed for bankruptcy this week, the latest casual dining chain to go belly up. Red Lobster, TGI Fridays and Buca di Beppo also filed for bankruptcy in the

By David Goldman and John Towfighi, CNN New York (CNN) — US stocks were battered by a steep sell-off Friday after China retaliated against the United States for President Donald Trump’s tariffs in a tit-for-tat that escalates a global trade war. The Dow plunged by 2,231 points, or 5.5%. The broader S&P 500 was 5.97%

By Juliana Liu and Nectar Gan, CNN Hong Kong (CNN) — China said Friday that it will impose reciprocal 34% tariffs on all imports from the United States from April 10, making good on a promise to strike back after US President Donald Trump escalated a global trade war. On Wednesday, Trump unveiled an additional

By John Liu, CNN (CNN) — For Tim Hsu, who sells modern lamps and ceiling lights mostly to American customers, US President Donald Trump’s historic tariff announcement has upended his carefully made plans. Last year, the Taiwanese businessman decided to invest in Cambodia to diversify his production base beyond his traditional stronghold of south China.

CNN By Chris Isidore, CNN (CNN) — Stellantis has “paused production” at some of its Canadian and Mexican auto assembly plants due to the newly announced tariffs — and as a result, some US workers will also be temporarily laid off. Among those to be laid off are 900 US hourly employees who make powertrains

CNN By Elisabeth Buchwald, CNN (CNN) — President Donald Trump on Wednesday launched a US trade war with every country via a barrage of tariffs that are set to go into effect almost immediately. American consumers and businesses stand to pay a hefty price for that battle. For the first time since Trump’s return to

By Chris Isidore, CNN (CNN) — Stellantis has “paused production” at some of its Canadian and Mexican auto assembly plants due to the newly announced tariffs — and as a result, some US workers will also be temporarily laid off. Among those to be laid off are 900 US hourly employees who make powertrains and

By Rachel Wilson, CNN (CNN) — President Donald Trump unveiled sweeping 10% tariffs on all imports to the United States Wednesday. About 60 countries or trading blocs will see even higher rates in an escalating move that is poised to initiate a global trade war. Many major US trading partners will be hit hard by

By Jordan Valinsky, CNN New York (CNN) — Zelle, the popular person-to-person money transferring service, shut down its standalone app Tuesday — but the service itself is not disappearing. Zelle had warned of the shutdown last year, explaining in an announcement that only 2% of transactions happen on its app. A “vast majority” of Zelle’s

By John Towfighi, CNN New York (CNN) — Global markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatens to throw the US and the rest of the world into a recession. The Dow fell 1,679 points, or 3.98%. The broader S&P 500 was down by 4.84% and the tech-heavy

By David Goldman, CNN (CNN) — President Donald Trump’s massive tariffs announced on dozens of nations Wednesday were pitched as “reciprocal,” matching what other countries charge the United States dollar for dollar, even taking into account non-tariff barriers like value-added taxes and other such measures. But the actual calculation the Trump administration used is not

By Jordan Valinsky, CNN New York (CNN) — Subway is adding nachos to its menu, but with an unusual twist. The chain is partnering with Doritos to sell footlong nachos for $5, marking Subway’s latest addition to its popular Sidekicks menu that aims to attract budget-conscious customers. In a press release, Subway said the new

By Alicia Wallace, CNN (CNN) — More than 275,000 layoffs were announced last month, reaching a level not seen since the pandemic, according to a new report published Thursday. The biggest culprit was one particular employer: The federal government. The federal government announced plans to axe 216,215 jobs, accounting for nearly 80% of the 275,240

By Matt Egan, CNN New York (CNN) — There is nowhere to hide in the auto industry from President Donald Trump’s auto tariffs, according to former Ford CEO Mark Fields. “The cost of vehicles will go up. It’s just math. The bottom line is there is absolutely no vehicle that won’t be impacted by tariffs,”

By Clare Duffy, CNN New York (CNN) — Two US senators are demanding that artificial intelligence companies shed light on their safety practices. This comes months after several families — including a Florida mom whose 14-year-old son died by suicide — sued startup Character.AI, claiming its chatbots harmed their children. “We write to express our

By John Liu, CNN Hong Kong (CNN) — Stock markets across Asia-Pacific and Europe fell Thursday and US markets were also set to open lower after US President Donald Trump imposed tariffs on trading partners around the world, with many Asian countries taking the biggest hits. Trump’s broad-based tariffs have raised levies on Chinese imports,

By Brad Lendon, CNN Seoul, South Korea (CNN) — The sweeping tariffs announced by US President Donald Trump on Wednesday target not only economic superpowers but also financial minnows. In fact, a White House list notes some territories with no economy, and no people, at all. That is the exact case of the Heard Island

By Lex Harvey, CNN (CNN) — The European Union is preparing countermeasures to US President Donald Trump’s announcement of 20% tariffs on imports from the bloc, which it called a “major blow to the world economy.” The EU is a major US trading partner. Last year, it was the largest single market for US goods

By Chris Isidore, CNN (CNN) — President Donald Trump’s auto tariffs, which went into effect at 12:01 am ET on Thursday, have the potential to upend a crucial American industry and raise the cost of tens of millions of cars sold every year across the country. Many products are likely to be subject to higher

By John Liu and Simone McCarthy, CNN Hong Kong (CNN) — China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States as part of his radical overhaul of a century of American global trade policy. Trump unveiled 54% tariffs on all Chinese imports into

By Bryan Mena, CNN Washington (CNN) — President Donald Trump on Wednesday unveiled expansive new tariffs in a major escalation of his trade war, referring to the historic move as a “declaration of economic independence.” Trump’s risky bet to address unfair trade practices could send prices higher for American consumers and weaken economic growth, according

By John Towfighi, CNN New York (CNN) — US stocks plunged in after-hours trading Wednesday as investors digested President Donald Trump’s decision to impose sweeping tariffs that could escalate a growing trade war and upend the global economy. Dow futures plummeted more than 1,100 points, or 2.7%. S&P 500 futures sank 3.9%. Futures tied to

CNN By Bryan Mena, CNN Washington (CNN) — President Donald Trump on Wednesday unveiled expansive new tariffs in a major escalation of his trade war, referring to the historic move as a “declaration of economic independence.” Trump’s risky bet to address unfair trade practices could send prices higher for American consumers and weaken economic growth,

CNN staff (CNN) — Sweeping new tariffs are set to be rolled out by the Trump administration on Wednesday, potentially raising the costs for almost everything Americans buy. With inflation and high interest rates already contributing to vulnerabilities among consumers, CNN is asking you to tell us how all of this is changing your spending

By Ramishah Maruf, CNN New York (CNN) — With a 25% tariff about to hit every imported car, many Americans are wondering whether it’s better to buy or lease a vehicle before tariffs go into effect, or wait to see how things will play out. The simple answer is to buy now, experts say, especially

By Lisa Eadicicco, CNN New York (CNN) — Nintendo on Wednesday announced the Switch 2, the sequel to its wildly successful hybrid game console from over eight years ago. Now, the video game company must prove that it can follow one blockbuster hit with another, a goal it’s struggled to achieve in the past. Nintendo

CNN By Elisabeth Buchwald, CNN (CNN) — President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession. On Wednesday, Trump declared a national economic emergency and announced tariffs of at least 10% across all countries,

By Chris Isidore, CNN (CNN) — Tesla sales plunged 13% in the first three months of this year, the largest drop in deliveries in its history, as backlash against CEO Elon Musk and growing competition took a large bite out of demand for its EVs. Tesla reported Wednesday that it delivered 336,681 cars in the

KCNC, WCCO, CNN By Chris Isidore, CNN (CNN) — Tesla sales plunged 13% in the first three months of this year, as the company reported the largest drop in deliveries in its history by far, as backlash against CEO Elon Musk, and growing competition from other automakers’ electric vehicles, took a large bite out of

By Clare Duffy, CNN New York (CNN) — While the top minds in artificial intelligence are racing to make the technology think more like humans, researchers at Elon University have asked the opposite question: How will AI change the way humans think? The answer comes with a grim warning: Many tech experts worry that AI

By Vanessa Yurkevich, CNN New York (CNN) — The egg shortage may have finally been cracked. The price of wholesale eggs fell again last week to $3.00 a dozen, the US Department of Agriculture reported in their weekly egg market report. That’s a 9% decline from the week before. “The supply situation at grocery outlets

By Annette Choi, Lou Robinson, Soph Warnes and Elisabeth Buchwald, CNN (CNN) — President Donald Trump has promised to impose dollar-for-dollar reciprocal tariffs on countries he believes treat the United States unfairly in trade, whether through high tariffs or non-tariff barriers. He has said his new tariffs will create jobs and boost domestic manufacturing. Imposing

By John Liu, CNN Hong Kong (CNN) — Chinese electric vehicle champion BYD has reported a 60% surge in sales in the first quarter of the year as archrival Tesla stumbles. The EV maker based in the southern Chinese megacity of Shenzhen sold just over one million new-energy vehicles in the first three months of

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession. On Wednesday, Trump declared a national economic emergency and announced tariffs of at least 10% across all countries, with

CNN, POOL, SENATE TV By Elisabeth Buchwald, CNN (CNN) — President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession. On Wednesday, Trump declared a national economic emergency and announced tariffs of at least 10%

By Matt Egan, CNN New York (CNN) — President Donald Trump’s promised tariffs are a day away – and they’ll go into effect sooner than some had expected. As in, immediately, the White House said Tuesday. Although many details remain unknown, perhaps even to Trump himself, the administration’s “Liberation Day” trade policy announcement is expected

CNN By Matt Egan, CNN New York (CNN) — President Donald Trump’s promised tariffs are a day away – and they’ll go into effect sooner than some had expected. As in, immediately, the White House said Tuesday. Although many details remain unknown, perhaps even to Trump himself, the administration’s “Liberation Day” trade policy announcement is

By Chris Isidore, CNN (CNN) — Buyers flooded dealerships in March to snap up cars ahead of the threat of higher prices due to tariffs. Strong March sales made up for a weaker start to the year. Ford reported Tuesday that sales in March rose 10%, a bounce from the 1.3% decline in the first

CNN By Olesya Dmitracova, CNN London (CNN) — Europe has “a strong plan” for striking back at the United States in response to Donald Trump’s tariff hikes “if necessary,” a top official said Tuesday on the eve of a long-anticipated announcement of massive import levies by the US president. For weeks, Trump has promoted April

By James Frater and Olesya Dmitracova, CNN London (CNN) — US embassies have sent letters to contractors in their host countries demanding they certify that they do not run any diversity, equity and inclusion (DEI) programs that violate President Donald Trump’s executive order against race- and sex-based preferences. All contractors of the US Department of

By Alicia Wallace, CNN (CNN) — US employers pulled back on their hiring plans last month, while layoffs in the federal government spiked to their highest level in more than four years, new labor market data showed Tuesday. The latest Job Openings and Labor Turnover Survey data provided some glimpses of how President Donald Trump’s

By Olesya Dmitracova, CNN London (CNN) — Europe has “a strong plan” for striking back at the United States in response to Donald Trump’s tariff hikes “if necessary,” a top official said Tuesday on the eve of a long-anticipated announcement of massive import levies by the US president. For weeks, Trump has promoted April 2

By Alicia Wallace, CNN (CNN) — America’s economic engine is running a little rough these days. Consumer confidence is cratering, debt burdens are growing, people are worrying more about their jobs and they’re pulling back on some spending out of caution. Still, while the overall fundamentals that prop up the consumer remain solid, the risks

By Clare Duffy, CNN New York (CNN) — TikTok users may be experiencing some déjà vu this week. The popular short-form video app’s future is once again uncertain as a potential ban in the United States could be just days away. TikTok’s parent company ByteDance is on the hook to sell the app’s US operations

By Ramishah Maruf, CNN New York (CNN) — Hooters — the restaurant chain first known for its orange-clad, all-female wait staff and then its chicken wings — filed for bankruptcy, the company announced Monday. But the decades-old brand said it isn’t going anywhere. In the bankruptcy process, the company plans to sell all of its

By Samantha Delouya and Kit Maher, CNN (CNN) — President Donald Trump signed an executive order Monday aimed at ending ticket-price gouging for live entertainment. The order directs the Federal Trade Commission (FTC) to work with Attorney General Pam Bondi to ensure competition laws are enforced in the concert and entertainment industry. It aims to

CNN By David Goldman and Kevin Liptak, CNN (CNN) — For weeks, President Donald Trump has promoted April 2 as “Liberation Day” in America, when a number of massive tariffs will be announced to fulfill the administration’s ambitious economic agenda. The plan has largely remained a mystery, however, as Trump and his administration have floated

By David Goldman and Kevin Liptak, CNN (CNN) — For weeks, President Donald Trump has promoted April 2 as “Liberation Day” in America, when a number of massive tariffs will be announced to fulfill the administration’s ambitious economic agenda. The plan has largely remained a mystery, however, as Trump and his administration have floated a

By Brian Stelter, CNN (CNN) — The White House Correspondents’ Association says the Trump administration should abandon its “wrong-headed effort” to take control of the press briefing room seating chart. In a memo to its nearly 900 members on Monday, the association charged the White House with trying to “exert pressure on journalists over coverage

By Chris Isidore, CNN (CNN) — White House aide Peter Navarro said Sunday that he expects President Donald Trump’s tariffs to bring in $6 trillion in revenue in the next decade, which could amount to the largest tax hike in US history. Even when adjusting for inflation, that amount would be triple the tax increase

By John Towfighi, CNN New York (CNN) — As Wall Street heads into a new quarter, a flurry of President Donald Trump’s tariffs are set to go into effect. That has traders on edge and has helped put US stocks in their worst first-quarter slump in years. Wall Street has been rocked with volatility this

By Matt Egan, CNN (CNN) — The US economy faces a growing risk of a recession as surging tariffs threaten to stunt growth, reignite inflation and lift unemployment, according to Goldman Sachs. The Wall Street bank warned clients Sunday night that it now sees a 35% chance of a recession in the next 12 months,

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — Looming tariffs on imported cars could mean more than just higher prices for buyers and lower profits for automakers – it could also mean layoffs for American autoworkers. President Donald Trump says his auto tariffs will remake the industry, shifting production of both cars

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve admits it badly misjudged the beginning of the inflation crisis, but officials hope they won’t make the same mistake again. President Donald Trump’s tariffs are about to determine whether America’s central bank is up for the challenge. In 2021, as the US economy recovered from

By John Liu, CNN (CNN) — A popular Japanese restaurant chain has closed nearly all of its 2,000 stores for cleaning this week, after a rat and a bug were found in its food. Sukiya, the country’s largest chain serving gyudon, or beef bowls, announced the temporary closures following an insect contamination incident at one

By Brian Stelter, CNN (CNN) — In the Trump administration’s latest assertion of power over the press corps, the White House intends to take over the seating assignments in the press briefing room, according to a senior official. The plan may cause a tug-of-war with the White House Correspondents’ Association, the independent group that currently

By Auzinea Bacon, CNN (CNN) — Auto dealerships across the United States could see a jump in customer traffic this week as cost-conscious buyers look to avoid a possible uptick in prices and maintenance costs over the next few years, according to industry analysts. The growing concern over sticker shock has one cause: President Donald

By Nayeli Jaramillo-Plata, CNN (CNN) — Federal funding cuts have thrown local food systems in Wisconsin — and across the US — into chaos. This month, the US Department of Agriculture (USDA) announced it is terminating 2025 funding for two pandemic-era initiatives: the Local Food Purchase Assistance (LFPA) and Local Food for Schools (LFS) programs.