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CNN – Business/Consumer

Billionaire Ray Dalio is worried Trump’s tariff war could spark ‘something worse’ than a recession

By John Liu and Anna Cooban, CNN Hong Kong/London (CNN) — Billionaire Ray Dalio says President Donald Trump’s tariff war has helped push America close to a recession — or perhaps even “something worse.” “Right now, we are at a decision-making point and very close to a recession,” the founder of Bridgewater Associates, one of

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‘Incredibly concerning’: Facebook black market groups offer rideshare and delivery driver accounts for sale, researchers say

By Clare Duffy, CNN New York (CNN) — “Need an Uber Eats account in Jacksonville, FL ASAP.” “I have one.” “Looking for an Uber eats account to rent in Virginia.” “Available.” Those exchanges were found on a public Facebook group with more than 22,000 members called “UBER ACCOUNT FOR RENT WORLDWIDE.” It’s just one of

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If Meta loses in antitrust case, it could be forced to break itself up by selling Instagram and WhatsApp

By Brian Stelter, CNN (CNN) — Meta is going on trial starting Monday. The US government is advancing a blockbuster antitrust case, alleging that Mark Zuckerberg’s company illegally built a “social networking monopoly” through years of “anticompetitive conduct.” If the judge sides with the government, Meta could be forced to break itself up by selling

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Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game

By Auzinea Bacon, CNN (CNN) — Commerce Secretary Howard Lutnick said the Trump administration’s decision on Friday to exempt electronic devices — like smartphones, iPhones and laptops — from tariffs was only a temporary reprieve but those products will face separate levies, adding more confusion to an already chaotic rollout of tariffs on Chinese goods.

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