(CNN) — It’s easy for Americans to think President Donald Trump’s aluminum and steel tariffs won’t affect them. Most of us aren’t shopping for raw metals, after all. Yet the 25% tariffs rolled out on Wednesday could still manage to…
Hong Kong (CNN) — Walmart is getting caught in the middle of an escalating trade war between the United States and China.Chinese officials confirmed on Thursday they had met with executives from the US retail giant, following a news report…
(CNN) — Two months ago, JPMorgan Chase CEO Jamie Dimon defended President Donald Trump’s tariff policy with a curt message: “Get over it.” But with stock markets lower and cracks appearing to form in the US economy, Dimon himself might…
New York (CNN) — Intel has named a new chief executive, as the chipmaking giant attempts to recover from several bruising years that saw the one-time industry leader fall behind most of its rivals.The company announced Wednesday that it has…
New York (CNN) — There may be some cracks forming in the egg market.For the past several months, consumers have been faced with a hard reality: Fewer eggs at higher prices.But in the first week of March, prices for wholesale…
Washington (CNN) — Larry Fink, chief executive of BlackRock, the world’s largest asset manager, said Wednesday that the Trump administration’s barrage of policy changes is paralyzing American consumers and businesses — and that’s already hurting the economy.“The collective impact in…
New York (CNN) — Ruth Marcus, who recently resigned as a Washington Post columnist after four decades, said she parted ways with the paper following a spiked opinion piece on the paper’s billionaire owner because her job is to tell…
New York (CNN) — The US spirits industry is bracing for pain after the European Union targeted American whiskey in retaliation against President Donald Trump’s steel and aluminum tariffs.The EU’s decision to spike tariffs on American whiskey to 50% is…
New York (CNN) — Roomba’s parent company is warning that its future is on shaky ground, more than a year after a planned $1.7 billion acquisition by Amazon fell through.iRobot (IRBT), a maker of robotic vacuum cleaners, has “substantial doubt…
(CNN) — EasyJet is investigating an incident in which a pilot reportedly flew too close to a mountain, triggering a warning alarm.The pilot has been stood down from duty by the low-cost carrier pending an investigation into the incident on…
(CNN) — Inflation slowed more than expected in February and cooled for the first time in five months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to increase prices for…
New York (CNN) — American consumers – and their wallets – are the engine of the economy. But they’re now showing the strain of inflation, President Donald Trump’s tariffs and a stock market plunge.That’s a problem because consumer spending accounts…
(CNN) — Elon Musk has secured a major win in India by signing two back-to-back deals to bring SpaceX’s Starlink satellite internet services to the country.The country’s top telecoms provider Reliance Jio, owned by Indian billionaire Mukesh Ambani, said on…
(CNN) — President Donald Trump imposed sweeping 25% tariffs on all steel and aluminum imported into the United States Wednesday, a policy aimed at leveling the playing field for US manufacturing but a move that threatens to drive up prices…
New York (CNN) — Meta is once again facing allegations from a former employee that a growth-at-all-costs culture has caused offline harm.A new book called “Careless People,” published Tuesday by former executive-turned-whistleblower Sarah Wynn-Williams, provides a detailed account of her…
New York (CNN) — It was an extraordinary scene at the White House South Lawn Tuesday. President Donald Trump effectively held a combination press conference and live Tesla ad outside the White House, accompanied by the company’s CEO and Department…
New York (CNN) — US markets seesawed Tuesday amid another tariff roller coaster ride.All three major indexes dropped after President Donald Trump doubled down early Tuesday on his threat to levy a new round of hefty tariffs on Canada. Yet…
(CNN) — President Donald Trump backed down from an extraordinary trade war escalation Tuesday that had threatened a massive surge in tariffs on Canadian steel and aluminum and new tariffs on Canadian electricity. In turn, Ontario paused surcharges on electricity…
(CNN) — The cost of food in the US increased significantly amid the Covid-19 pandemic and the steep inflation that followed. While prices have stabilized more recently, new factors have already driven up the costs for eggs and threaten to…
Washington (CNN) — During her first official White House briefing as President Donald Trump’s press secretary, Karoline Leavitt announced that Trump had prevented a “preposterous waste of taxpayer money.” Trump’s team, she said, used the president’s pause on foreign aid…
(CNN) — The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week.“OMB Memorandum M-25-13 is rescinded. If you have questions about implementing the President’s Executive…
(CNN) — President Donald Trump is expected to sign several executive actions Wednesday that fulfill promises he made on the campaign trail, including on school choice, ending funding for schools that support critical race theory and combating antisemitism, according to…
(CNN) — President Donald Trump’s administration is ending the case against his former co-defendants in the classified documents investigation brought by former special counsel Jack Smith.The Justice Department has stopped pursuing an appeal brought by Smith to revive the criminal…
(CNN) — Former Democratic Sen. Bob Menendez could face more than a decade in prison when he is sentenced Wednesday for taking cash, a Mercedes Benz and gold bars as bribes in exchange for helping three New Jersey businessmen and…
