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CNN By David Goldman and Betsy Klein, CNN (CNN) — President Donald Trump said Saturday he doesn’t care if automakers hike prices because of his tariffs. In fact, he encouraged them to. Asked by NBC News’ Kristen Welker in a phone interview about whether he pressured automakers to avoid raising prices after his 25% tariffs

By Lisa Eadicicco, CNN New York (CNN) — 23andMe, a standard-bearer for the at-home health movement, announced on March 23 that it has filed for Chapter 11 bankruptcy to facilitate a sale, prompting many of its 15 million customers to wonder: What happens to my genetic data now? Privacy advocates and two state attorneys general

By Samantha Delouya, CNN (CNN) — Sharon Savoy, a 65-year-old retiree from just outside of Toronto, had planned a typical three-month stay at her vacation home in Miami earlier this month. But then she abruptly decided to put the trip on hold, and now she wonders when she’ll ever go back to her second home.

By David Goldman and Betsy Klein, CNN (CNN) — President Donald Trump said Saturday he doesn’t care if automakers hike prices because of his tariffs. In fact, he encouraged them to. Asked by NBC News’ Kristen Welker in a phone interview about whether he pressured automakers to avoid raising prices after his 25% tariffs on

By Alaa Elassar, Auzinea Bacon and Connor Greene, CNN (CNN) — Hundreds of “Tesla Takedown” demonstrations are taking place in the United States, Canada and Europe as activists ramp up their opposition to CEO Elon Musk’s efforts to slash federal government staffing and budgets. Since joining the Trump administration, Musk has aggressively pushed policies to

By Brian Stelter, CNN (CNN) — The White House Correspondents’ Association is reversing course and canceling its plans to have comedian Amber Ruffin headline this year’s annual fundraising dinner in Washington, DC. Instead, the association says it will celebrate the First Amendment and the free press. “At this consequential moment for journalism, I want to

By Elisabeth Buchwald, Rachel Wilson and Alex Leeds Matthews, CNN (CNN) — Car prices are about to shoot higher. That’s because a 25% tariff across all cars that the United States imports is set to take effect on April 3. And not long after, a 25% tariff on most foreign-made car parts is set to

By Ramishah Maruf, CNN New York (CNN) — Just this week, Tesla boasted as anxieties swirled over tariffs on automobiles. “Btw, Teslas are the most American-made cars,” the official Tesla account posted on X on Sunday. That’s true, at least according to one measure. The company has dominated Car.com’s American-Made Index since 2021, based on

By Ramishah Maruf and Nathaniel Meyersohn, CNN New York (CNN) — The Federal Communications Commission is investigating ABC and parent company Disney over its diversity, equity and inclusion actions, FCC Chair Brendan Carr announced Friday on social media. In a letter to Disney CEO Bob Iger, Carr wrote that he wants “to ensure that Disney

By Brian Stelter, CNN (CNN) — A federal judge sided with silenced Voice of America journalists on Friday, the latest setback for President Trump’s push to shut down US government-funded international broadcasters. US District Court Judge J. Paul Oetken issued a temporary restraining order meant to block any further efforts to terminate VOA. The judge

By Robert Ilich, CNN (CNN) — Americans can expect new vehicles to have higher sticker prices due to a new tariff on auto imports by the Trump administration. The tariffs are expected to go into effect on Thursday. Are you interested in buying a new vehicle and would be willing to share your insights on

By Max Saltman, Betsy Klein and David Goldman, CNN (CNN) — Canadian Prime Minister Mark Carney told President Donald Trump Friday that his nation will retaliate against the United States with tariffs of its own if Trump presses forward with his promised levies – potentially escalating what is already developing into an ugly and damaging

By Chris Isidore and Juliana Liu, CNN (CNN) — Chinese antitrust regulators are investigating a US consortium’s deal for two ports in the Panama Canal zone, reportedly delaying the deal’s closing that was originally set for next week. President Donald Trump has incorrectly claimed China controls the canal (Panama controls it, although China owns ports

By John Towfighi, CNN New York (CNN) — US stocks plunged Friday and a broad selloff gripped Wall Street as investors digested slightly stubborn inflation data and weakening consumer sentiment while wrestling with continued tariff anxiety. The Dow tumbled and closed lower by 716 points, or 1.7%. The broader S&P 500 fell 1.97% and the

By Bryan Mena, CNN Washington (CNN) — Americans are not only increasingly fearful of higher inflation — with President Donald Trump set to announce a sweeping spate of tariffs in just a few days — but many more are now dreading rising unemployment. Consumer sentiment tanked 12% this month, the University of Michigan said in

By Alicia Wallace, CNN (CNN) — Tariffs are looming, inflation is still sticky and US consumers are bracing themselves for the impact. That’s according to data released Friday from the Commerce Department: Americans socked away money into savings, pulled back on discretionary purchases, and, when accounting for inflation, increased their spending ever so slightly after

By Nathaniel Meyersohn, CNN New York (CNN) — Americans don’t want Outback’s Aussie-themed steaks anymore. Instead, they’re craving Texas-style cuts from Texas Roadhouse and LongHorn’s tender filets. Texas Roadhouse and LongHorn’s sales topped Outback’s last year, and the chains’ stocks are going in different directions. Texas Roadhouse’s stock has increased around 15% over the last

By John Towfighi and Matthew Kaufman, CNN New York (CNN) — President Donald Trump’s auto tariffs could send the cost of a new car soaring. Fixing the car you already have will likely get more costly, too. Trump said Wednesday he is imposing 25% tariffs on car parts coming into the US, in addition to

By Hadas Gold, CNN New York (CNN) — Elon Musk was speaking to Tesla staff in Austin, Texas, last Thursday when he admitted: “I’m stretched pretty thin. I have like 17 jobs.” The meeting seemed hastily arranged. Employees were notified shortly before the event, which was scheduled for 9:30 pm, Business Insider reported. Never before

By John Liu, CNN Hong Kong (CNN) — Chinese leader Xi Jinping held court with dozens of the world’s top executives on Friday, as he sought to bolster foreign investment during an escalating trade war with the United States. The meeting, in which Xi reassured global investors about the country’s economic prospects to arrest a

By Ramishah Maruf, CNN New York (CNN) — Two Federal Trade Commission members who were fired this month have filed a lawsuit against the Trump administration, arguing on Thursday that the decision violated a long-established legal precedent preventing political firings. On March 18, Democratic Commissioners Alvaro Bedoya and Rebecca Kelly Slaughter received an email from

By Alicia Wallace, CNN (CNN) — The Trump administration’s culling of government programs and agencies has resulted in an unprecedented wave of federal workers joining the ranks of job seekers — and new data shows a spike in job applications from agencies impacted by the Department of Government Efficiency. Those job hunts are coming at

CNN By Chris Isidore, CNN New York (CNN) — Get ready to pay more for your next car. Auto prices in the United States will start to rise very soon – perhaps within the next few weeks. That’s because President Donald Trump once again announced plans for 25% tariffs on imported cars and parts that

By Chris Isidore, CNN New York (CNN) — Get ready to pay more for your next car. Auto prices in the United States will start to rise very soon – perhaps within the next few weeks. That’s because President Donald Trump once again announced plans for 25% tariffs on imported cars and parts that will

CNN, POOL By Chris Isidore, CNN New York (CNN) — Get ready to pay more for your next car. Auto prices in the United States will start to rise very soon – perhaps within the next few weeks. That’s because President Donald Trump once again announced plans for 25% tariffs on imported cars and parts

CNN By Elisabeth Buchwald, Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — President Donald Trump on Wednesday announced 25% tariffs on all cars shipped to the United States, a significant escalation in a global trade war. The tariffs, set to take effect on April 3 at 12:01 am ET, are aimed at expanding

By John Liu and Hassan Tayir, CNN Hong Kong (CNN) — In the world of electric vehicles, there’s a Chinese company outdoing Elon Musk’s Tesla. And it’s just getting started. BYD, the Shenzhen-based Chinese EV champion, eclipsed Tesla in annual sales last year. Last week, it unveiled a revolutionary battery charging technology that it says

By John Towfighi, CNN New York (CNN) — Gold isn’t the only metal smashing through record high prices. Copper prices in New York hit a record high on Wednesday after Bloomberg reported that President Donald Trump might impose tariffs on copper imports in the coming weeks. Wall Street had expected tariffs on copper to come

By Elisabeth Buchwald, Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — President Donald Trump on Wednesday announced 25% tariffs on all cars shipped to the United States, a significant escalation in a global trade war. The tariffs, set to take effect on April 3 at 12:01 am ET, are aimed at expanding America’s

By Jordan Valinsky, CNN New York (CNN) — If you ever wanted to get as drunk as Pam Beesly at a Chili’s in Scranton, that dream is finally becoming a reality. The popular chain is opening a restaurant in the Pennsylvania city on April 7, nearly 20 years after the famous episode of “The Office”

By Brian Stelter and Liam Reilly, CNN (CNN) — Rep. Marjorie Taylor Greene on Wednesday used a DOGE subcommittee hearing to call for the defunding and dismantling of the company that provides NPR and PBS with federal funds. For Taylor Greene and other House Republicans, today’s hearing was about tarnishing PBS and NPR with accusations

By Alicia Wallace, CNN (CNN) — Student loan delinquencies are poised to hit record highs, and more than 9 million borrowers could see their credit scores tank in the first quarter of this year, according to new data released Wednesday. The Federal Reserve Bank of New York released its latest biennial report that tracks student

By Jordan Valinsky, CNN New York (CNN) — Perhaps best known for his on-court dominance, NBA player Steph Curry is hoping some of that success translates into the crowded court of sports drinks. Curry is launching a new sports hydration drink with former first lady Michelle Obama’s drink brand, PLEZi. It marks his entrance into

By Jordan Valinsky, CNN New York (CNN) — After GameStop closed about a quarter of its locations within the past year, shuttering 1,000 stores across the world, the company said it’s not close to done. And as the struggling company closes stores, it will invest cash in cryptocurrencies. GameStop revealed in a regulatory filing Tuesday

By Nathaniel Meyersohn, CNN New York (CNN) — Wall Street cheered President Donald Trump’s election because businesses expected a massive deregulation effort. Trump knows this — and his administration appears to be leveraging that to get something in return: rollbacks of companies’ diversity, equity and inclusion policies. The federal government typically tries to block corporate

By Chris Isidore, CNN New York (CNN) — Tesla’s stock closed higher Tuesday for the fifth straight day, a remarkable and sustained rally that has recaptured a quarter of the value it lost in the last three months. It may not last. The stock had been plunging as Tesla’s sales have fallen sharply, particularly in

By Anna Cooban, CNN London (CNN) — Tesla will start selling its electric vehicles in Saudi Arabia, entering the Gulf region’s largest economy as the company’s global sales are sliding and CEO Elon Musk courts controversy with his role in the US government. The carmaker announced Wednesday that it would host a launch event in

By Matt Egan, CNN New York (CNN) — One in four US businesses has scaled back their hiring plans because of the turmoil unleashed by President Donald Trump’s trade war, according to a survey of chief financial officers released Wednesday. The quarterly survey, conducted by Duke University and the Federal Reserve Banks of Richmond and

By Nathaniel Meyersohn, CNN New York (CNN) — Dollar Tree is ending its short-lived and ill-fated Family Dollar experiment, offloading the discount brand for $1 billion – just a fraction of its purchase price from a decade ago. Family Dollar will be sold to private equity groups Brigade Capital Management and Macellum Capital Management, pending

By Jeanne Sahadi, CNN (CNN) — Bonus season on Wall Street runs through March, and based on estimates released Wednesday morning, it has been a lucrative start to spring for the more than 200,000 people working for New York City-based securities firms. Their total bonus pool hit a record $47.5 billion, up 34% from last

By Brian Stelter, CNN (CNN) — One of the international broadcasters targeted for termination by President Donald Trump has been granted a reprieve by a federal judge. US District Judge Royce C. Lamberth has granted Radio Free Europe/Radio Liberty’s request for a temporary restraining order that will help the broadcaster stay on the air and

By Lisa Eadicicco, CNN New York (CNN) — If you hadn’t heard of Signal before Monday, chances are you have now. The secure messaging app, available for iPhones and Android devices, has long been popular with journalists because of its robust privacy features. But the Atlantic’s editor in chief, Jeffrey Goldberg, revealed on Monday that

By Bryan Mena, CNN Washington (CNN) — America’s economic mood continues to deteriorate as President Donald Trump carries on with his sweeping economic agenda. Consumer confidence slid 7.2 points this month to a reading of 92.9, the Conference Board said Tuesday in its latest survey, reaching its lowest level since January 2021 and extending a

By Clare Duffy, CNN New York (CNN) — Many 23andMe customers signed up to the genetic testing service in hopes of learning fun or interesting information about their past. But consumer advocates are now urging those users to request the deletion of their accounts and data from the site, to prevent their genetic information from

By Jordan Valinsky, CNN New York (CNN) — Florida has been working for years to crack down on employers that hire undocumented immigrants. But that presented a problem for businesses in the state that are desperate for workers to fill low-wage and often undesirable jobs. Florida’s Republican Gov. Ron DeSantis and the state legislature have

By John Liu, CNN Hong Kong (CNN) — China’s EV giant BYD recorded revenues of 777 billion yuan ($107 billion) for 2024, surging ahead Elon Musk’s Tesla in annual sales amid intensifying competition in the global market for clean-energy cars. In a filing on Monday, BYD reported a 29% jump in sales from the previous

By Auzinea Bacon, CNN (CNN) — In the past four years, America’s infrastructure has improved — but just slightly. A report card released Tuesday by the American Society of Civil Engineers (ASCE) gave the United States an overall grade of C, up from a C- in 2021 and consistent D-ranged grades since the start of

By John Liu, CNN Hong Kong (CNN) — Samsung Electronics co-CEO Han Jong-Hee died from cardiac arrest on Tuesday, according to a spokesperson for the South Korean tech giant. Han was 63. Born in 1962, Han had overseen Samsung’s consumer electronics and mobile devices businesses since 2022, according to the company. He was named Samsung

By John Towfighi, CNN (CNN) — Massachusetts regulators are investigating Robinhood over launching a prediction markets hub, a way of letting users bet on March Madness college basketball games on its platform. Secretary of the Commonwealth of Massachusetts Bill Galvin sent a subpoena to Robinhood on March 20 over the company’s decision to launch its

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump said Monday that he will impose tariffs of 25% on any nation that buys oil from Venezuela. “Venezuela has been very hostile to the United States and the Freedoms which we espouse. Therefore, any Country that purchases Oil and/or Gas from Venezuela will be forced to

By Jordan Valinsky, Alejandra Jaramillo and Ramishah Maruf, CNN New York (CNN) — South Korea-based Hyundai and President Donald Trump announced a $20 billion investment in US on-shoring on Monday, which includes a $5 billion steel plant in Louisiana, at the White House Monday. The $5.8 billion Louisiana facility will be the car manufacturers’ first

By David Goldman, CNN New York (CNN) — For more than a month, President Donald Trump and his administration have been promoting April 2 as a kind of tariffs Super Bowl, during which all of his many promised import taxes will go into effect. But as he has demonstrated many times before, Trump once again

By Ramishah Maruf, CNN New York (CNN) — Incidents of vandalism against Teslas have risen along with anger against CEO Elon Musk, whose Department of Government Efficiency has led efforts to drastically slash the federal government’s workforce. But experts say that while an extended run of vandalism could end up raising insurance premiums, it’s too

By Matt Egan, CNN (CNN) — During his first term in the White House, President Donald Trump was laser-focused on the booming stock market. Even the most pedestrian market milestones were celebrated. And if investors didn’t seem to like Trump’s policies, he’d back down. The script has been flipped during Trump 2.0. Post-election gains have

By Nathaniel Meyersohn, CNN New York (CNN) — Walmart thought it could use its immense power as America’s biggest retailer to make Chinese suppliers eat the cost of President Donald Trump’s tariffs. But Walmart got a response it’s not accustomed to hearing: No. Trump has slapped 20% tariffs — or taxes on imported goods —

By Juliana Liu, CNN (CNN) — Gene testing firm 23andMe said on Sunday it had filed for Chapter 11 bankruptcy protection in order to facilitate its sale, after years of struggling to find a sustainable business model. In a statement announcing the bankruptcy, the firm said its CEO, Anne Wojcicki, had resigned effective immediately. She

By Auzinea Bacon, CNN (CNN) — Disney’s “Snow White,” a big-budget live-action retelling of the classic fairytale, opened to a sleepy $43 million at the domestic box office this weekend amid a slew of controversies. Early industry estimates predicted “Snow White,” which cost around $270 million to make, would take in $48-$58 million in its

By Jeanne Sahadi, CNN (CNN) — It’s not even April, yet 2025 already has been a lot. Like, a lot. Events in the United States have given people reason to worry about many things, including their financial security in the face of big changes over which they have zero control. The first half of January

By Auzinea Bacon, CNN (CNN) — Elon Musk’s role in slashing federal government staffing and budgets as the head of the so-called Department of Government Efficiency continues to draw backlash, as nearly 90 Tesla showrooms across the United States face demonstrations Saturday in the fifth week of the “Tesla Takedown” movement. The demonstrations, according to

CNN, WANF, TESLA, WQOW, POOL, JOHN HARRINGTON, KVUU, LMPD, SDOT, TIGARD POLICE DEPT By Auzinea Bacon, CNN (CNN) — Elon Musk’s role in slashing federal government staffing and budgets as the head of the so-called Department of Government Efficiency continues to draw backlash, as nearly 90 Tesla showrooms across the United States face demonstrations Saturday

By Samantha Delouya, CNN Los Angeles (CNN) — Last week, President Trump threatened to impose a jumbo 200% tariff on all wine, Champagne and other alcoholic products from the European Union, writing on social media: “This will be great for the Wine and Champagne businesses in the U.S.” But many winemakers and grape growers in

By Liam Reilly, CNN New York (CNN) — A budding media start-up producing a culinary docuseries has been stuck in limbo for months. After being approved for USAID funding, the show’s co-founders discovered that the agency’s money never cleared — and now the Trump administration is caught in a legal battle to dismantle USAID. Styling

By Lex Harvey, CNN (CNN) — Muhammad Syafi’i remembers screaming in pain as hot cooking oil splashed across his stomach and dripped down his legs, his wet clothing sticking to his torched skin as it began to bubble and swell. Like many poor Indonesian men, he had signed up to work abroad in the fishing

By John Towfighi, CNN New York (CNN) — The US stock market has been the gold standard for decades. But investors around the globe are growing increasingly nervous about the fallout from President Donald Trump’s economic agenda. That has sent traders in search of stocks in Europe and Asia. Wall Street has seen the largest

By Natasha Chen, CNN (CNN) — Thousands of liters of Italian sparkling wine, ordered before President Donald Trump’s tariff threats, are on a boat headed to the United States. Before the wine is unloaded and handed to its recipients, they may need to pay a tariff bill big enough to put a kid through college.

By Jordan Valinsky, CNN New York (CNN) — Buy Now, Pay Later services are typically used on large purchases, like furniture. But now one service is branching out into fast food. DoorDash is partnering with Klarna, a financial company that lets customers schedule small payments over a set period of time, in a new partnership

By Alicia Wallace, CNN (CNN) — The odds of a recession in the US may be creeping higher — but those rising risks do not mean a deep economic downturn is a foregone conclusion. Still, that hasn’t stopped markets from being roiled and consumer and business confidence from being shaken, especially after President Donald Trump

By John Liu, CNN (CNN) — With London’s Heathrow Airport shut Friday, global air travel is expected to be disrupted for days, potentially costing the airline industry hundreds of millions of dollars. The chaos in air travel caused by a fire at an electrical substation supplying the airport could last days, according to aviation experts.

By Kit Maher and John Liu, CNN (CNN) — President Donald Trump signed an executive order on Thursday aimed at immediately increasing American production of critical minerals like uranium, copper, potash and gold by invoking the Defense Production Act to expand leasing and development on federal lands. The move is intended to help the US

By Liam Reilly, CNN (CNN) — The same day Vivian Jenna Wilson, Elon Musk’s estranged daughter, published her second-ever interview with a media outlet, the billionaire media mogul used his X platform to insinuate trans people are behind reports of attacks on Teslas. During her interview with Teen Vogue, Wilson said she doesn’t “give a

By Jessie Yeung and Yoonjung Seo, CNN Seoul, South Korea (CNN) — Several international brands including luxury house Prada have cut ties with South Korean superstar actor Kim Soo Hyun after he became embroiled in controversy this month over the nature of his relationship with late actress Kim Sae-ron. Kim Soo Hyun, one of the

By Clare Duffy, CNN New York (CNN) — Former Facebook executive-turned-whistleblower Sarah Wynn-Williams says Meta is blocking her from speaking to Congress about her experiences at the company. This arises from arbitration proceedings with the company after Wynn-Williams published her memoir “Careless People,” detailing her time at the social media giant, earlier this month. Meta

By Nathaniel Meyersohn, CNN New York (CNN) — Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%. But the results weren’t as bad as investors feared: Nike’s stock (NKE) inched up 4%

By Elisabeth Buchwald, CNN (CNN) — The European Union is delaying the retaliatory tariffs it announced after the United States imposed a 25% tariff on steel and aluminum imports earlier this month. The countermeasures, which include higher tariffs on American whiskey, were set to take effect starting April 1 and follow a phased approach. Instead,

By Jordan Valinsky, CNN New York (CNN) — The Boston Celtics, one of the most successful NBA teams in history, has sold for $6.1 billion, marking the largest sale of a sports franchise in North America. An investor group led by William Chisholm, a billionaire who amassed much of his wealth from private equity, is

By Clare Duffy, CNN New York (CNN) — The Anti-Defamation League has found evidence of antisemitic and anti-Israel bias on Wikipedia, it said in a Tuesday report, marking the latest rift between the advocacy group and the world’s largest online encyclopedia over how the Israeli-Palestinian conflict should be portrayed on the site. The ADL claims

By Ramishah Maruf, Nicki Brown and Jason Carroll, CNN New York (CNN) — As Elon Musk continues to take an outsized and controversial role in the US government, reports of harassment of Tesla owners and vandalism of showrooms and vehicles are on rise. That may, in part, be contributing to plunging resale values and interest

By Elisabeth Buchwald, CNN (CNN) — The Federal Reserve on Wednesday painted a picture of an economy reshaped dramatically by Donald Trump and his economic policy. It warned tariffs would slow the economy and raise inflation, increasing the risk of dreaded “stagflation,” an economic curse that is hard to escape. Eager to soothe worried investors,

By Jordan Valinsky, CNN New York (CNN) — Say your final farewells to the “Loaded Mashed Potato Omelette,” because it’s one of the more than dozen menu items that the Cheesecake Factory has eliminated from its menu as part of a broader shakeup. The Cheesecake Factory’s massive, spiral-bound menu, which has more than 250 items,

By Hadas Gold, CNN New York (CNN) — Larry Taunton was in bed around 1 a.m. on Sunday in his Alabama home when he noticed his dog, Ranger, getting worked up. “His ears were up and moving like satellite dishes,” Taunton told CNN in an interview. He noticed a flicker of light, and then the

CNN By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Wednesday’s decision, which comes at the conclusion of the Fed’s two-day monetary policy meeting, shows that central bankers are waiting for evidence that inflation

By Jeanne Sahadi, CNN (CNN) — The Federal Reserve on Wednesday decided yet again to stand pat on interest rates. Despite the Fed’s inaction, there are still opportunities to maximize the interest you earn on your savings or reduce what you pay on your debts. Given the Trump administration’s whipsaw tariff policies and its smiting

By Ramishah Maruf and Alexandra Skores, CNN New York (CNN) — Amtrak CEO Stephen Gardner is stepping down from his position to “to ensure that Amtrak continues to enjoy the full faith and confidence of this administration,” he announced in a statement. The decision comes as Department of Government Efficiency (DOGE) head Elon Musk said

By Jordan Valinsky, CNN New York (CNN) — Tesla’s display at this week’s Vancouver International Auto Show was removed by event organizers because of safety issues revolving around the Elon Musk-led company. An auto show spokesperson said in a statement to CNN that Tesla was “removed” following “multiple opportunities to voluntarily withdraw” from the event,

By Jordan Valinsky, CNN New York (CNN) — Ben & Jerry’s is accusing its parent company Unilever of breaching its merger agreement by ousting the ice cream company’s CEO for the brand’s repeated public comments on progressive issues, removing its chief executive without the board’s approval. It’s the latest escalation of an increasingly ugly dispute

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Wednesday’s decision, which comes at the conclusion of the Fed’s two-day monetary policy meeting, shows that central bankers are waiting for evidence that inflation is

By Ramishah Maruf, CNN New York (CNN) — President Donald Trump fired two Democratic members of the Federal Trade Commission on Tuesday, with both commissioners saying they were ”illegally fired.” Commissioner Alvaro Bedoya posted a scathing critique of the Trump administration on X after the firing. “I’m a commissioner of the Federal Trade Commission. The

By Lisa Eadicicco, CNN New York (CNN) — Nvidia on Tuesday revealed more details about its next artificial intelligence chip platform, Blackwell Ultra, which it says will help apps reason and act on a user’s behalf – two capabilities that would take AI beyond chatbots further into real life. Blackwell Ultra, which the company detailed

By Vanessa Yurkevich, CNN New York (CNN) — The Trump administration is declaring victory for defeating a massive pain point for inflation-weary Americans: Egg prices are plunging. “When I took it over, eggs were through the roof, and now eggs are down,” President Donald Trump said Sunday aboard Air Force One. White House Press Secretary

By Sebastian Shukla and Nadine Schmidt, CNN Berlin (CNN) — The German chancellor-in-waiting, Friedrich Merz, has won a vote in parliament to allow a huge increase in state borrowing that is set to super-charge the country’s military spending. The victory completes a Damascene conversion in German politics – using the outgoing parliamentary arithmetic. After a

By Elisabeth Buchwald, CNN New York (CNN) — Is a recession brewing in the US? The answer to that question will vary depending on whom you ask in the Trump administration — and when. Wall Street plunged last week after President Donald Trump said he was not ruling out a recession and that Americans should

By Matt Egan, CNN (CNN) — Google announced a deal Tuesday to buy rapidly growing cybersecurity firm Wiz for $32 billion. It would be the tech giant’s biggest-ever acquisition. The all-cash takeover of privately held Wiz represents a big bet by Google on cloud security and cybersecurity in this period of explosive growth for artificial

By John Towfighi, CNN New York (CNN) — March has been a dizzying month for US markets. The S&P 500 just posted two days of back-to-back gains, but the benchmark index is still down almost 5% this month. President Donald Trump’s tariff announcements have roiled markets and sent US stocks bouncing all over the place.

By Anna Cooban, CNN London (CNN) — Volkswagen’s Audi luxury brand has announced it will cut thousands of jobs over the next few years, in the latest sign of trouble in Germany’s auto sector. The automaker said in a statement Monday that it would slash up to 7,500 jobs at its German sites by 2029

By Brian Stelter and Christian Edwards, CNN (CNN) — One of the US-funded international networks in President Trump’s crosshairs is going to court to contest his shutdown order. Radio Free Europe/Radio Liberty, which broadcasts news and information in 27 languages across Eastern Europe, Asia and the Middle East, said in a statement last weekend’s grant

By Nathaniel Meyersohn, CNN New York (CNN) — Americans are cutting back on Doritos, Goldfish and Hostess cakes. It’s not for their health, however – it’s a sign that even small indulgences have gotten too expensive for many to afford. “Consumers are cutting back on non-essentials and stretching the value they get out of every

By Juliana Liu, CNN Hong Kong (CNN) — Officials in Beijing and Hong Kong spoke out Tuesday against a proposal to sell ports in the Panama Canal to a consortium led by BlackRock, sending shares in the Hong Kong-based conglomerate that owns the ports plummeting. It’s unclear how regulators could interfere with the plan, which

By Alicia Wallace, CNN (CNN) — Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout in Americans’ feelings about their future financial well-being. Any positive reports are described by economists as the “calm before the storm.” The common denominator

By John Liu, CNN Hong Kong (CNN) — Electric vehicle giant BYD unveiled a new charging system in China on Monday, intensifying already fierce competition in the world’s largest auto market and propelling it further ahead of rivals such as Tesla. The Shenzhen-based automaker touted its system, dubbed “Super E-Platform,” as being able to charge