Money

By Samantha Delouya, CNN Los Angeles (CNN) — Last week, President Trump threatened to impose a jumbo 200% tariff on all wine, Champagne and other alcoholic products from the European Union, writing on social media: “This will be great for the Wine and Champagne businesses in the U.S.” But many winemakers and grape growers in

By Liam Reilly, CNN New York (CNN) — A budding media start-up producing a culinary docuseries has been stuck in limbo for months. After being approved for USAID funding, the show’s co-founders discovered that the agency’s money never cleared — and now the Trump administration is caught in a legal battle to dismantle USAID. Styling

By Lex Harvey, CNN (CNN) — Muhammad Syafi’i remembers screaming in pain as hot cooking oil splashed across his stomach and dripped down his legs, his wet clothing sticking to his torched skin as it began to bubble and swell. Like many poor Indonesian men, he had signed up to work abroad in the fishing

By John Towfighi, CNN New York (CNN) — The US stock market has been the gold standard for decades. But investors around the globe are growing increasingly nervous about the fallout from President Donald Trump’s economic agenda. That has sent traders in search of stocks in Europe and Asia. Wall Street has seen the largest

By Natasha Chen, CNN (CNN) — Thousands of liters of Italian sparkling wine, ordered before President Donald Trump’s tariff threats, are on a boat headed to the United States. Before the wine is unloaded and handed to its recipients, they may need to pay a tariff bill big enough to put a kid through college.

By Jordan Valinsky, CNN New York (CNN) — Buy Now, Pay Later services are typically used on large purchases, like furniture. But now one service is branching out into fast food. DoorDash is partnering with Klarna, a financial company that lets customers schedule small payments over a set period of time, in a new partnership

By John Liu, CNN (CNN) — With London’s Heathrow Airport shut Friday, global air travel is expected to be disrupted for days, potentially costing the airline industry hundreds of millions of dollars. The chaos in air travel caused by a fire at an electrical substation supplying the airport could last days, according to aviation experts.

By Kit Maher and John Liu, CNN (CNN) — President Donald Trump signed an executive order on Thursday aimed at immediately increasing American production of critical minerals like uranium, copper, potash and gold by invoking the Defense Production Act to expand leasing and development on federal lands. The move is intended to help the US

By Liam Reilly, CNN (CNN) — The same day Vivian Jenna Wilson, Elon Musk’s estranged daughter, published her second-ever interview with a media outlet, the billionaire media mogul used his X platform to insinuate trans people are behind reports of attacks on Teslas. During her interview with Teen Vogue, Wilson said she doesn’t “give a

By Jessie Yeung and Yoonjung Seo, CNN Seoul, South Korea (CNN) — Several international brands including luxury house Prada have cut ties with South Korean superstar actor Kim Soo Hyun after he became embroiled in controversy this month over the nature of his relationship with late actress Kim Sae-ron. Kim Soo Hyun, one of the

By Clare Duffy, CNN New York (CNN) — Former Facebook executive-turned-whistleblower Sarah Wynn-Williams says Meta is blocking her from speaking to Congress about her experiences at the company. This arises from arbitration proceedings with the company after Wynn-Williams published her memoir “Careless People,” detailing her time at the social media giant, earlier this month. Meta

By Nathaniel Meyersohn, CNN New York (CNN) — Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%. But the results weren’t as bad as investors feared: Nike’s stock (NKE) inched up 4%

By Jordan Valinsky, CNN New York (CNN) — The Boston Celtics, one of the most successful NBA teams in history, has sold for $6.1 billion, marking the largest sale of a sports franchise in North America. An investor group led by William Chisholm, a billionaire who amassed much of his wealth from private equity, is

By Elisabeth Buchwald, CNN (CNN) — The European Union is delaying the retaliatory tariffs it announced after the United States imposed a 25% tariff on steel and aluminum imports earlier this month. The countermeasures, which include higher tariffs on American whiskey, were set to take effect starting April 1 and follow a phased approach. Instead,

By Clare Duffy, CNN New York (CNN) — The Anti-Defamation League has found evidence of antisemitic and anti-Israel bias on Wikipedia, it said in a Tuesday report, marking the latest rift between the advocacy group and the world’s largest online encyclopedia over how the Israeli-Palestinian conflict should be portrayed on the site. The ADL claims

By Ramishah Maruf, Nicki Brown and Jason Carroll, CNN New York (CNN) — As Elon Musk continues to take an outsized and controversial role in the US government, reports of harassment of Tesla owners and vandalism of showrooms and vehicles are on rise. That may, in part, be contributing to plunging resale values and interest

By Elisabeth Buchwald, CNN (CNN) — The Federal Reserve on Wednesday painted a picture of an economy reshaped dramatically by Donald Trump and his economic policy. It warned tariffs would slow the economy and raise inflation, increasing the risk of dreaded “stagflation,” an economic curse that is hard to escape. Eager to soothe worried investors,

By Jordan Valinsky, CNN New York (CNN) — Say your final farewells to the “Loaded Mashed Potato Omelette,” because it’s one of the more than dozen menu items that the Cheesecake Factory has eliminated from its menu as part of a broader shakeup. The Cheesecake Factory’s massive, spiral-bound menu, which has more than 250 items,

By Hadas Gold, CNN New York (CNN) — Larry Taunton was in bed around 1 a.m. on Sunday in his Alabama home when he noticed his dog, Ranger, getting worked up. “His ears were up and moving like satellite dishes,” Taunton told CNN in an interview. He noticed a flicker of light, and then the

CNN By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Wednesday’s decision, which comes at the conclusion of the Fed’s two-day monetary policy meeting, shows that central bankers are waiting for evidence that inflation