McDonald’s just had its worst quarter since Covid. It said customers are getting nervous
By Jordan Valinsky, CNN New York (CNN) — McDonald’s sales dropped in the beginning of the year, marking the second consecutive quarter of…
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Another American ally just issued an economic warning because of the trade war
By David Goldman, CNN (CNN) — Another day, another piece of evidence that President Donald Trump’s escalating trade war with friends and foes…
Continue ReadingNew proposed law would require Apple and Google to verify your age before letting you into their app stores
By Clare Duffy, CNN New York (CNN) — A pair of Republican lawmakers are set to propose a new law that would require app stores to verify the…
Continue ReadingSubway keeps shrinking
By Jordan Valinsky, CNN New York (CNN) — Subway’s footprint in the United States has shrunk again, falling below 20,000 for the first time in…
Continue ReadingGM CEO Mary Barra: Tariffs will cost us $5 billion, and prices ‘will stay at the same level’
By Chris Isidore, CNN (CNN) — The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion…
Continue ReadingA guide to financial sanity now
By Jeanne Sahadi, CNN (CNN) — The first 100 days of the second Trump administration upended a lot of things — not least of which was what…
Continue ReadingThe last boats without crippling tariffs from China are arriving. The countdown to shortages and higher prices has begun
By Vanessa Yurkevich, CNN New York (CNN) — Some of the last cargo ships carrying Chinese goods without crippling tariffs are currently drifting…
Continue ReadingTariffs are causing turbulence for Korean Air. But its CEO remains bullish
By Mike Valerio, Yoonjung Seo, Gawon Bae and Juliana Liu, CNN Seoul, South Korea (CNN) — The chief executive of Korean Air, one of the…
Continue ReadingTariffs are causing turbulence for Korean Air. But its CEO remains bullish
CNN By Mike Valerio, Yoonjung Seo, Gawon Bae and Juliana Liu, CNN Seoul, South Korea (CNN) — The chief executive of Korean Air, one of the…
Continue ReadingTesla dismisses report of board plan to replace Elon Musk
By David Goldman and John Liu, CNN (CNN) — Tesla’s chair Robyn Denholm has rejected a Wall Street Journal report that the company’s board…
Continue ReadingS&P 500, Dow close out April in the red as economy contracts for first time since 2022
By John Towfighi, CNN New York (CNN) — April was one of the wildest months in recent memory for markets, capped off by a key data release that…
Continue ReadingIran woos Trump with a ‘trillion-dollar’ opportunity. But will a nuclear deal make America rich?
By Abbas Al Lawati, CNN (CNN) — Iran is crafting a potential nuclear agreement with the United States, wrapping it in language designed to…
Continue ReadingConsumer spending soared in March as Americans tried to get ahead of tariffs
By Alicia Wallace, CNN (CNN) — A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in…
Continue ReadingTrump threatens New York Times for ‘unlawful’ reporting on his CBS lawsuit
By Hadas Gold, CNN (CNN) — President Donald Trump threatened legal action against The New York Times, calling the newspaper’s citation of…
Continue ReadingTemu and Shein customers in the US are reeling, but they say they have no other choice
By Ramishah Maruf, CNN New York (CNN) — Rena Scott, a retired registered nurse in Virginia, usually has 10 to 12 active Temu orders at any…
Continue ReadingFord CEO extends ‘employee pricing.’ But price hikes could come this summer
CNN By Chris Isidore, CNN (CNN) — Ford CEO Jim Farley announced Wednesday on CNN that the automaker is extending its “employee pricing”…
Continue ReadingFord CEO extends ‘employee pricing.’ But price hikes could come this summer
By Chris Isidore, CNN (CNN) — Ford CEO Jim Farley announced Wednesday on CNN that the automaker is extending its “employee pricing” offer…
Continue ReadingUS economy goes into reverse from Trump’s abrupt policy shifts
By Bryan Mena, CNN Washington (CNN) — The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy…
Continue ReadingKids and teens under 18 shouldn’t use AI companion apps, safety group says
By Clare Duffy, CNN New York (CNN) — Companion-like artificial intelligence apps pose “unacceptable risks” to children and teenagers,…
Continue ReadingChina’s factories take a big blow as Trump’s tariffs bite
By John Liu, CNN Hong Kong (CNN) — China’s factory activity contracted at its fastest pace in 16 months in April, as steep US tariffs took a…
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