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…
(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…
(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,…
(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…
(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…
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…
(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…
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…
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…
(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…
New York (CNN) — Low-income Americans’ financial condition has gotten worse over the last year and more shoppers are going without basic necessities.That’s the worrying message coming from Dollar General, which sells inexpensive items and is thus considered a bellwether…
New York (CNN) — At a White House summit last week, Commerce Secretary Howard Lutnick spoke passionately about the Trump administration’s plans to embrace cryptocurrencies, a largely unregulated industry that has historically operated on the fringes of finance.“Technology is at…
(CNN) — Americans just got some reassurances that inflation was slowing, and not reaccelerating, last month.The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts, showed that price hikes slowed substantially in February.The PPI…
(CNN) — President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily…
New York (CNN) — Meta CEO Mark Zuckerberg told lawmakers in a congressional hearing last January that it didn’t make sense for his platforms to verify how old their users are in order to serve them age-appropriate experiences. Instead, that…
New York (CNN) — Gasoline prices are coming down, and President Donald Trump is happy to take credit for that. But he has little to do with it, experts say, and his policies could make it more expensive to increase…
(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…
