Money

By Hadas Gold, CNN (CNN) — Elon Musk says that he believes the US Postal Service and Amtrak need to be privatized and that “we should privatize anything that can reasonably be privatized.” Speaking virtually at the Morgan Stanley Technology Media & Telecom conference, Musk said it’s “kind of embarrassing” how other countries have “way

By Liam Reilly, CNN (CNN) — Tom Llamas will replace Lester Holt as the face of “NBC Nightly News.” Llamas is expected to take over the anchor seat as well as managing editor duties this summer, the broadcaster shared on Wednesday. In addition to his “Nightly News” duties, Llamas will stay on as anchor of

By Liam Reilly, CNN (CNN) — The Los Angeles Times’ billionaire owner, who unveiled an AI tool that generates opposing perspectives to be displayed on opinion stories, was unaware the new tool had created pro-KKK arguments less than 24 hours after it launched — and hours after the AI comments had been taken down. The

By Chris Isidore, CNN New York (CNN) — The US tariffs on Canadian fuel imports could hit some parts of the country harder than others. The Northeast could see that change first, according to experts, and prices are also at risk of rising on the West Coast. But even those potential hikes would be unlikely

By Alicia Wallace, CNN (CNN) — The Trump administration’s frenetic policy changes appear to be making US businesses think twice about hiring new workers. New data released Wednesday showed that hiring by US private-sector companies fell sharply last month, much more than economists had expected. Private-sector employment increased by an estimated 77,000 jobs in February,

By Elisabeth Buchwald, CNN (CNN) — Well, it finally happened: President Donald Trump fulfilled his promise to impose sweeping tariffs on America’s top three trading partners, Mexico, China and Canada. Collectively, these three countries shipped $1.4 trillion worth of goods to the United States last year, accounting for 40% of all the goods the US

By Danny Freeman, Samantha Delouya and Nicki Brown, CNN (CNN) — Last fall, in the waning weeks of the presidential campaign, Donald Trump visited Sprankle’s Neighborhood Market, a family-owned grocery store in rural Kittanning, Pennsylvania. The stop was meant to drive home one of Trump’s core campaign promises: to rein in the cost of groceries

By Nathaniel Meyersohn, CNN New York (CNN) — Target is facing a 40-day consumer boycott starting Wednesday over the company’s shift away from diversity, equity and inclusion (DEI) policies. “We’re asking people to divest from Target because they have turned their back on our community,” Rev. Jamal Bryant, a prominent Atlanta-area megachurch pastor who started

By Simone McCarthy and Nectar Gan, CNN Beijing/Hong Kong (CNN) — China has set an ambitious target of “around 5%” growth for 2025, in a defiant show of confidence as it braces for the fallout from escalating American tariffs on its export-driven economy. The target “underscores our resolve to meet difficulties head-on and strive hard

By Alexandra Skores, CNN Washington, DC (CNN) — For decades, US officials liked to say the nation’s aviation system was the “gold standard” for safety. A House hearing on Tuesday cast doubt on that assertion. At the hearing, on problems with the nation’s air traffic control system, lawmakers pressed aviation organizations on aging infrastructure, chronic

By Bryan Mena, Elijah Shama and Vanessa Yurkevich, CNN (CNN) — US Commerce Secretary Howard Lutnick said that President Donald Trump could announce a trade deal with Mexico and Canada as soon as tomorrow, just one day after the US imposed punishing tariffs on the two nations and sparked retaliatory levies. “I think he’s going

CNN, NYSE, CTV, POOL, CNN VIA SKYPE By Elisabeth Buchwald, CNN (CNN) — President Donald Trump’s blanket 25% tariffs on Mexico and Canada took effect on Tuesday, an extraordinary action aimed at bringing America’s top trading partners to heel. But it threatens to weaken the North American economy, including that of the United States, at

CTV-NETWORK, CNN By Elisabeth Buchwald, CNN (CNN) — President Donald Trump’s blanket 25% tariffs on Mexico and Canada took effect on Tuesday, an extraordinary action aimed at bringing America’s top trading partners to heel. But it threatens to weaken the North American economy, including that of the United States, at a time of significant stress

By Chris Isidore, CNN New York (CNN) — American asset management giant BlackRock has agreed to buy two ports at either end of the Panama Canal from a Hong Kong-based firm whose ownership had angered President Donald Trump. Trump said several times during the lead-up to his inauguration and since taking office that he intends