Money

By Phil Mattingly and Alayna Treene, CNN (CNN) — President Donald Trump stunned European officials and caught some of his own senior advisers off guard with his snap decision Friday to reignite his market-rattling trade war with the European Union. Three days later, he got exactly what he wanted. “I have just been informed that

By Bryan Mena, CNN Washington (CNN) — It’s been a little while since Americans had an inkling of optimism about the economy. Consumer confidence rose 12.3 points this month to a reading of 98, the Conference Board said in its latest survey released Tuesday, the first monthly gain since November and the biggest monthly increase

By Brian Stelter, CNN (CNN) — National Public Radio filed a First Amendment lawsuit against the Trump administration on Tuesday, alleging that President Trump’s attempt to defund NPR is a “clear violation of the Constitution.” Several NPR member stations from Colorado joined the national network in filing the suit, highlighting the local impacts of taxpayer-funded

By David Goldman and John Towfighi, CNN New York (CNN) — Rinse, repeat. Stocks rose Tuesday after President Donald Trump did a 180-degree turn on his threat to place a massive 50% tariff on goods imported from the European Union. The Dow closed higher by 741 points, or 1.78%. The broader S&P 500 rose 2.05%

By Anna Cooban, CNN London (CNN) — Tesla’s sales plummeted by more than half across the European Union last month even as the bloc’s overall electric car market grew. New registrations for Tesla (TSLA) vehicles fell nearly 53% across the EU in April compared with the same month in 2024, according to data released Tuesday

By Bryan Mena, CNN Washington (CNN) — By week’s end, it’ll be much clearer how the US economy is holding up amid President Donald Trump’s sweeping policy changes. Trump’s erratic trade war has already unsettled consumers and taken a toll on economic growth — mostly due to American businesses rushing to stock up on imports.

By Samantha Delouya, CNN (CNN) — Memorial Day marks the unofficial start to summer, but this year, it may also kick off a season of higher prices. Small businesses that sell beer, fireworks and other summer staples told CNN they are grappling with higher costs amid new tariffs that the Trump administration placed on nearly

By Kit Maher and Robert Ilich, CNN (CNN) — President Donald Trump said Sunday that he has agreed to delay a 50% tariff on European Union imports until July 9, the latest instance of Trump declaring an impending tariff and throwing markets into confusion only to later walk back the threatened levies. Trump said he

By Bryan Mena, CNN Washington (CNN) — Being an honest public servant will always be a rewarding choice, Federal Reserve Chair Jerome Powell said Sunday in a speech at a pre-graduation ceremony at Princeton University amid months of unrelenting personal attacks from President Donald Trump. “As you navigate the world of bright possibilities that awaits

By Auzinea Bacon, CNN (CNN) — After a slow start to 2025, the Hollywood box office has pulled off a “Stitchpossible” comeback buoyed by a huge holiday weekend. Disney’s “Lilo & Stitch” and the eighth installment of “Mission: Impossible” helped spark a record $325 million estimated box office haul for Memorial Day weekend. “Lilo &

By Lisa Eadicicco, CNN (CNN) — First lady Melania Trump released an audiobook version in her voice of her memoir on Thursday — but she won’t actually be the one narrating it. “I am honored to bring you Melania – The AI Audiobook – narrated entirely using artificial intelligence in my own voice,” she wrote

By Ramishah Maruf, CNN New York (CNN) — The unofficial start of summer is here, which means people will be hosting barbeques and pool parties — and finally bringing out the all-white outfits. But Memorial Day, the federal holiday falling on the last Monday of May, honors members of the US armed forces who died

By Brian Stelter, CNN (CNN) — Journalists who cover the US military say they are extremely concerned by Defense Secretary Pete Hegseth’s constraints on press access at the Pentagon. They say the newest restrictions, outlined Friday night, appear to be “a direct attack on the freedom of the press and America’s right to know what

By Auzinea Bacon, CNN (CNN) — Social media platform X, formerly known as Twitter, was briefly inaccessible for thousands of US users early Saturday, according to Downdetector.com, which tracks internet disruptions. The site appears to have resolved the outage, as DownDetector reports are down to 690 as of 11:30 a.m. ET. Users in the United

By Auzinea Bacon, CNN (CNN) — President Donald Trump’s sweeping tariffs have given many Americans whiplash. The list of companies announcing price changes as a result is equally daunting. Among the levies Trump has imposed is a 10% baseline tariff for most imports and a 30% tariff on most Chinese goods. Some goods, such as

By Jordan Valinsky, CNN New York (CNN) — McDonald’s is pulling the plug on its CosMc’s spinoff just two years after the alien-themed spinoff took off. The chain announced Friday that it’s closing all five locations next month. CosMc’s, named after a little-known alien McDonald’s character, opened in 2023 in response to fast-growing specialty coffee