The bond market is acting weird. It spooked Trump
By John Towfighi, CNN New York (CNN) — Global markets are reeling over President Donald Trump’s haphazard approach to tariffs and an…
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US stocks, dollar tumble as Trump’s trade war rattles Wall Street
By David Goldman and John Towfighi, CNN New York (CNN) — The US stock market tumbled deeply into the red on Thursday as the White House…
Continue ReadingExpect Amazon prices to rise because of tariffs, CEO says
By Jordan Valinsky, CNN New York (CNN) — Amazon shoppers can likely expect some prices to rise due to the ongoing global trade war, the…
Continue ReadingUS inflation cooled to a six-month low in March, but tariff pressures are quickly mounting
By Alicia Wallace, CNN (CNN) — Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience…
Continue ReadingTrump wants to revive US manufacturing. That’s not so easy
By Samantha Delouya, CNN (CNN) — In 1970, more than a quarter of American workers held jobs in the manufacturing sector. Today, it’s only…
Continue ReadingCar prices will go up. Taking the train or a bus looks like a bargain
By Nathaniel Meyersohn, CNN New York (CNN) — President Donald Trump’s auto tariffs are expected to lift car prices by thousands of dollars.…
Continue ReadingEU pauses retaliatory tariffs following Trump’s trade U-turn
By Christian Edwards, Thom Poole and James Frater, CNN London (CNN) — The European Union has announced a 90-day pause on countermeasures…
Continue ReadingHere’s when iPhones may get more expensive
By Lisa Eadicicco, CNN New York (CNN) — If paying $1,000 for a new iPhone already sounded expensive, consumers should brace for even greater…
Continue ReadingThese tech leaders donated to Trump. Now they’re out billions of dollars
By Clare Duffy and Alex Matthews, CNN New York (CNN) — Silicon Valley leaders donated to President Donald Trump’s campaign or inaugural fund.…
Continue ReadingUS stocks skyrocket higher after Trump signals shift in trade policy
By John Towfighi, David Goldman and Anna Cooban, CNN New York (CNN) — US stocks skyrocketed higher after President Donald Trump announced that…
Continue ReadingJCPenney’s parent company is cutting 9% of its corporate staff
By Jordan Valinsky, CNN New York (CNN) — JCPenney’s fledgling parent company, Catalyst Brands, is undergoing the second round of layoffs of…
Continue ReadingTrump announces 90-day pause on ‘reciprocal’ tariffs with exception of China
By Elisabeth Buchwald and Kevin Liptak, CNN (CNN) — President Donald Trump announced a complete three-month pause on all the “reciprocal”…
Continue ReadingThinking you might not file your tax return? Reconsider, if you want to save money
By Jeanne Sahadi, CNN (CNN) — There is just under a week left before the official April 15 tax filing deadline. More than half of all expected…
Continue ReadingChina announces 84% tariffs on US goods in showdown with Trump. Europe also hits back
By Nectar Gan and Juliana Liu, CNN Hong Kong (CNN) — China unveiled retaliatory tariffs of 84% on imports of US goods on Wednesday, matching…
Continue ReadingYour 10-step Korean skincare routine could change with tariffs
By Ramishah Maruf, CNN New York (CNN) — The beauty stores in Manhattan’s Koreatown are packed, even on a rainy Tuesday afternoon. But this…
Continue ReadingWalmart sees an opportunity in Trump’s trade war
By Nathaniel Meyersohn, CNN New York (CNN) — Walmart, the largest retailer in the world, pulled its financial guidance for the quarter because…
Continue ReadingTrump’s top trade official wasn’t informed of tariff delay until after announcement
By Bryan Mena, CNN Washington (CNN) — President Donald Trump’s top trade official said he wasn’t informed of the 90-day pause on most new…
Continue ReadingDelta warns of ‘economic uncertainty’ and ‘stalled growth’ in new recession alarm bell
By Chris Isidore, CNN (CNN) — Delta Air Lines warned that revenue could fall in the current quarter and that “growth has largely stalled,”…
Continue ReadingThe next round of Trump’s tariffs could hurt even more. Here’s what to expect
By Alicia Wallace, CNN (CNN) — “Liberation Day” came and went, with President Donald Trump’s sweeping new tariffs battering markets,…
Continue ReadingHere’s which grocery store items will get more expensive because of tariffs
By Nathaniel Meyersohn, CNN New York (CNN) — President Donald Trump, during his announcement last week of sweeping tariffs on countries around…
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