Money

By Nathaniel Meyersohn, CNN New York (CNN) — American consumers – and their wallets – are the engine of the economy. But they’re now showing the strain of inflation, President Donald Trump’s tariffs and a stock market plunge. That’s a problem because consumer spending accounts for roughly 70% of the US economy. Consumers proved resilient

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump imposed sweeping 25% tariffs on all steel and aluminum imported into the United States Wednesday, a policy aimed at leveling the playing field for US manufacturing but a move that threatens to drive up prices on a broad range of consumer and industrial goods for Americans.

By Clare Duffy, CNN New York (CNN) — Meta is once again facing allegations from a former employee that a growth-at-all-costs culture has caused offline harm. A new book called “Careless People,” published Tuesday by former executive-turned-whistleblower Sarah Wynn-Williams, provides a detailed account of her six years at the company, offering an insider’s perspective into

By Ramishah Maruf, CNN New York (CNN) — It was an extraordinary scene at the White House South Lawn Tuesday. President Donald Trump effectively held a combination press conference and live Tesla ad outside the White House, accompanied by the company’s CEO and Department of Government Efficiency Head Elon Musk – all in front of

CNN By John Towfighi, CNN New York (CNN) — US markets seesawed Tuesday amid another tariff roller coaster ride. All three major indexes dropped after President Donald Trump doubled down early Tuesday on his threat to levy a new round of hefty tariffs on Canada. Yet by the afternoon, markets had pared some losses as

By Liam Reilly, CNN New York (CNN) — A Florida circuit judge on Monday denied the Pulitzer Board’s request to pause a defamation lawsuit from Donald Trump until the president is out of office. The decision from the 19th Judicial Circuit Court’s Judge Robert L. Pegg late Monday presents a blow to the board, which

By John Towfighi, CNN New York (CNN) — US markets seesawed Tuesday amid another tariff roller coaster ride. All three major indexes dropped after President Donald Trump doubled down early Tuesday on his threat to levy a new round of hefty tariffs on Canada. Yet by the afternoon, markets had pared some losses as officials

By Chris Isidore, CNN New York (CNN) — Two recent plane crashes have stoked worries among flyers and prompted some to pull back on air travel plans, according to two of the airlines that had those crashes. Delta Air Lines CEO Ed Bastian said Tuesday morning that the fatal crash of an American Airlines flight

By David Goldman and Elisabeth Buchwald, CNN (CNN) — President Donald Trump backed down from an extraordinary trade war escalation Tuesday that had threatened a massive surge in tariffs on Canadian steel and aluminum and new tariffs on Canadian electricity. In turn, Ontario paused surcharges on electricity to US customers. After the back-and-forth tariff threats

By Bryan Mena, CNN Washington (CNN) — The Trump administration’s dizzying back-and-forth on tariffs is paralyzing America’s small businesses as they grow worried about the US economy’s future. The National Federation of Independent Business’ Uncertainty Index climbed in February to its second-highest reading on record, going back to 1973, according to the group’s latest survey

By Alicia Wallace, CNN (CNN) — The latest snapshot of job openings in the US shows that there were 7.74 million available positions at the end of January, signaling renewed optimism from US employers to start the year. The number of job openings rose from December’s downwardly revised total of 7.51 million, according to the

By Jeanne Sahadi, CNN (CNN) — Timing is everything. That applies to a lot of situations in life — including your prospects for not outliving your money when you retire. You already know about the hazards of investment risk. When you put your money in the stock market over the long term, you’re bound to

By Jordan Valinsky, CNN New York (CNN) — Months after ditching its open seating policy, Southwest Airlines is ending its most recognizable perks: Free checked baggage. The airline will begin charging for the first and second checked bag beginning on May 28, Southwest announced Tuesday. However, members of its A-List loyalty program, holders of its

By Hadas Gold, CNN (CNN) — Elon Musk spent the weekend with President Donald Trump at Mar-a-Lago, getting a round-trip ride on Air Force One. While Musk has spent an increasing amount of time with Trump, three of his companies are having a rough go. His X social media platform was down for much of

By John Liu, CNN Hong Kong (CNN) — Stocks markets across Asia sank Tuesday amid mounting fears of a serious downturn in the world’s largest economy, as US President Donald Trump ramped up a tariff war against its biggest trade partners. Trump’s refusal Sunday to rule out the possibility of a US recession has rattled

By Ramishah Maruf, CNN New York (CNN) — Delta Air Lines slashed its earnings forecast in a Securities and Exchange Commission filing Monday, saying consumers are worried about the economy in a sign that uncertainty and economic jitters could change the way Americans are now spending their money. The airline expects 3% to 4% growth

By Liam Reilly, CNN (CNN) — The Washington Post announced a major “reinvention” of its newsroom Monday, as the ailing Jeff Bezos-owned publication looks to grow its dwindling subscription numbers. Less than one week after its billionaire owner introduced a “significant shift” to the paper’s opinion section, Matt Murray, the Post’s executive editor, announced a