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When tariffs are a good idea

By Alicia Wallace, CNN (CNN) — President Donald Trump’s tariffs have been met with alarm and concern about how steep import taxes against the United States’ three biggest trading partners not only could harm the economy in the immediate term but also could set off a devastating trade war. To be fair, the broad-based tariff

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A 40-day Target boycott starts today. It couldn’t come at a worse time for the company

CNN By Nathaniel Meyersohn, CNN New York (CNN) — Target is facing a 40-day consumer boycott starting Wednesday over the company’s shift away from diversity, equity and inclusion (DEI) policies. “We’re asking people to divest from Target because they have turned their back on our community,” Rev. Jamal Bryant, a prominent Atlanta-area megachurch pastor who

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What is a tariff and who pays it?

By Elisabeth Buchwald, CNN (CNN) — Well, it finally happened: President Donald Trump fulfilled his promise to impose sweeping tariffs on America’s top three trading partners, Mexico, China and Canada. Collectively, these three countries shipped $1.4 trillion worth of goods to the United States last year, accounting for 40% of all the goods the US

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Trump visited their local grocery store during the campaign. They’re holding on to hope that prices fall

By Danny Freeman, Samantha Delouya and Nicki Brown, CNN (CNN) — Last fall, in the waning weeks of the presidential campaign, Donald Trump visited Sprankle’s Neighborhood Market, a family-owned grocery store in rural Kittanning, Pennsylvania. The stop was meant to drive home one of Trump’s core campaign promises: to rein in the cost of groceries

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A 40-day Target boycott starts today. It couldn’t come at a worse time for the company

By Nathaniel Meyersohn, CNN New York (CNN) — Target is facing a 40-day consumer boycott starting Wednesday over the company’s shift away from diversity, equity and inclusion (DEI) policies. “We’re asking people to divest from Target because they have turned their back on our community,” Rev. Jamal Bryant, a prominent Atlanta-area megachurch pastor who started

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China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’

By Simone McCarthy and Nectar Gan, CNN Beijing/Hong Kong (CNN) — China has set an ambitious target of “around 5%” growth for 2025, in a defiant show of confidence as it braces for the fallout from escalating American tariffs on its export-driven economy. The target “underscores our resolve to meet difficulties head-on and strive hard

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US aviation safety ‘no longer the gold standard,’ according to statements at House hearing

By Alexandra Skores, CNN Washington, DC (CNN) — For decades, US officials liked to say the nation’s aviation system was the “gold standard” for safety. A House hearing on Tuesday cast doubt on that assertion. At the hearing, on problems with the nation’s air traffic control system, lawmakers pressed aviation organizations on aging infrastructure, chronic

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Trump signs new action calling for investigation into lumber imports, potentially leading to higher tariffs

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump on Saturday signed another executive action that directs his administration to investigate potential instances of what he deems unfair trade practices for lumber the United States imports. This comes just days after Trump signed a similar action ordering an investigation into copper. Trump also ordered a

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‘Tesla Takedown’ protesters gather outside showrooms to rally against Elon Musk’s role with DOGE

By Auzinea Bacon, CNN (CNN) — Demonstrators gathered at more than 50 Tesla showrooms across the United States on Saturday in protest of CEO Elon Musk’s role in slashing government agencies as part of the so-called Department of Government Efficiency established by President Donald Trump. The protests are part of “Tesla Takedown,” which, according to

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Today’s ‘economic blackout’ began from an unlikely source. But it’s tapped into Americans’ anger

By Nathaniel Meyersohn, CNN New York (CNN) — In early February, John Schwarz, a self-described “mindfulness and meditation facilitator,” proposed a 24-hour nationwide “economic blackout” of major chains on the last day of the month. Schwarz urged people to forgo spending at Amazon, Walmart, and all other major retailers and fast-food companies for a day.

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Elon Musk says upgrade of FAA’s air traffic control system is failing and SpaceX needs to take over Verizon’s contract

CNN By Chris Isidore, CNN New York (CNN) — Elon Musk said Thursday that Verizon’s efforts to provide a critically needed upgrade to the FAA’s air traffic control system is failing. And he said that it is important that Starlink, a unit of his SpaceX satellite and rocket company, take over. “The Verizon communication system

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Consumer watchdog quits cases against firms accused of ripping off Americans

By Matt Egan, CNN New York (CNN) — The Consumer Financial Protection Bureau (CFPB) abruptly dropped cases on Thursday against multiple companies that had previously been accused of hurting consumers. Court filings indicate that the consumer watchdog has decided to dismiss lawsuits previously filed against Capital One, Rocket Homes, a unit of Warren Buffett’s Berkshire

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Elon Musk says upgrade of FAA’s air traffic control system is failing and SpaceX needs to take over Verizon’s contract

By Chris Isidore, CNN New York (CNN) — Elon Musk said Thursday that Verizon’s efforts to provide a critically needed upgrade to the FAA’s air traffic control system is failing. And he said that it is important that Starlink, a unit of his SpaceX satellite and rocket company, take over. “The Verizon communication system to

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Trump threatens to double tariffs on China and says punishing Mexico and Canada tariffs will go into effect March 4

By Elisabeth Buchwald, CNN (CNN) — US President Donald Trump said Thursday tariffs of 25% on Mexican and Canadian goods are set to take effect on March 4, while also threatening to impose an additional 10% on Chinese imports on the same date. Mexico, China and Canada are America’s top three trading partners. Simultaneous tariffs

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Their Colorado community burned to the ground three years ago. Now they’re helping victims of LA wildfires

By Alicia Wallace, CNN (CNN) — A day before New Year’s Eve 2021, the wind-driven Marshall Fire quickly tore through neighborhoods and cul-de-sacs in a quiet suburban community northwest of Denver, Colorado. Melanie Glover was stuck in traffic at the time the fire was raging, her husband and children trapped in their burning home. Glover

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Jeff Bezos announces ‘significant shift’ coming to the Washington Post. A key editor is leaving because of it

By Liam Reilly, CNN (CNN) — Washington Post owner Jeff Bezos on Wednesday announced a “significant shift” to the publisher’s opinion page that led David Shipley, the paper’s editorial page editor, to leave the paper. The changes upended precedent and rattled a media company that has already been shaken by years of turmoil and leadership

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Apple fixing bug that caused dictation feature to type the word ‘Trump’ when users said ‘racist’

By Clare Duffy, CNN New York (CNN) — Apple says it’s fixing a technical bug that caused its voice-to-text system to briefly replace the word “racist” with the word “Trump.” Some iPhone users had reported on Tuesday that when they spoke the word “racist” using Apple’s voice dictation feature, the system automatically typed in “Trump”

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Tropicana is in big financial trouble

By Nathaniel Meyersohn, CNN New York (CNN) — Florida has been blasted with stronger hurricanes than ever before. A prolific disease carried by insects continues to devastate orange groves. And, on top of all that, consumers are watching their sugar intake. It’s adding up to a disaster for Tropicana orange juice. Tropicana, founded in 1947

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Americans are getting fed up with the economy. Does that mean we’re heading into a recession?

By Bryan Mena, CNN Washington (CNN) — American consumers and businesses are feeling uneasy, fearing higher inflation is lurking around the corner as President Donald Trump talks massive tariffs. That’s raising questions on what America’s souring economic mood means for spending, hiring and the future of the world’s largest economy. “The kinds of changes that

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Consumer confidence registers biggest monthly decline since August 2021 as inflation fears take hold

By Bryan Mena, CNN Washington (CNN) — The American consumer is getting worried about the economy. Economic jitters are showing up across various sentiment surveys as the Trump administration aims to reconfigure America’s trade relationship with the world and inflation shows signs of getting stuck. The latest evidence comes from The Conference Board’s Consumer Confidence

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DOGE wants access to your tax and Social Security data. These two laws are supposed to protect you

By Jeanne Sahadi, CNN (CNN) — Reports of the Department of Government Efficiency’s so-called “tech bros” accessing federal systems that hold vast troves of Americans’ personal data have raised many questions about whether they can legally see – never mind copy, alter or share – such sensitive details on hundreds of millions of people. Efforts

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Texas to investigate lottery jackpots as questions swirl about online ticketing firms

By Lex Harvey, Lauren Mascarenhas, Ashley Killough and Ed Lavandera, CNN (CNN) — Texas’ governor has directed state law enforcement to investigate two controversial lottery jackpots amid growing scrutiny over the role of online ticketing firms in the state. Republican Gov. Greg Abbott asked the Texas Rangers to investigate two Lotto Texas jackpots involving virtual

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