Money

By Vanessa Yurkevich and Ramishah Maruf, CNN New York (CNN) — At her first White House briefing, Press Secretary Karoline Leavitt made an unusual claim about the inflation that has stung American shoppers for years: Leavitt said egg prices have continued to surge because “the Biden administration and the Department of Agriculture directed the mass

By Vanessa Yurkevich, CNN New York (CNN) — Coffee prices hit a new high Monday, the day after President Donald Trump threatened – and then reversed course on – a 25% tariff on Colombia during a spat about deportation flights from the US. And the price is still rising. Even though the tariff never went

By David Goldman and Elisabeth Buchwald, CNN (CNN) — President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we kind of have no idea. Trump has repeatedly thrown out some now-familiar numbers: 25% tariffs on all imports from Mexico and Canada, anywhere from

By Jordan Valinsky, CNN New York (CNN) — Google is complying with President Donald Trump’s executive action that renamed the Gulf of Mexico to the Gulf of America. Soon, the name change will appear on Google Maps. In a post on X, Google explained that it has a “longstanding practice of applying name changes when

By Jordan Valinsky, CNN New York (CNN) — The “swicy” trend is far from over. In fact, a spice that combines both the sweet and spicy trends is about to have a breakthrough year. McCormick, the top-selling maker of seasonings and spices, has named ají amarillo as its 2025 “Flavor of the Year.” The 25th

By Chris Isidore, CNN New York (CNN) — Tesla will likely report thinner profit margins in its quarterly and full-year results Wednesday, a result of its first drop in annual sales in its history last year and a price war in the EV sector from increased competition. But the company’s large swaths of investors seem

By Chris Isidore, CNN New York (CNN) — General Motors reported a record adjusted net income for 2024 on Tuesday, just a year after the costly strike by the United Auto Workers union, and said it expects even better operating results in the year ahead. But the company admitted a number of policy headwinds from

By Jessie Yeung and Vanessa Yurkevich, CNN (CNN) — Workers at a Pennsylvania Whole Foods store voted on Monday to unionize, forming the first union in the organic grocery chain owned by Amazon. A majority of the employees at the flagship store in Philadelphia’s Center City neighborhood voted to join a local chapter of the

By Jordan Valinsky, CNN New York (CNN) — Changes at Starbucks might remind customers of the chain of the old. Beginning Monday, several policies are returning to Starbucks’ locations in United States and Canada — part of CEO Brian Niccol’s Herculean task of reversing sales and traffic declines at the struggling institution. The chain is

By Vanessa Yurkevich, CNN New York (CNN) — Celebrating football’s biggest game can bring big appetites. Buying Super Bowl fixings this year will cost about the same as last year, but the prices of individual products may seesaw, according to a Wells Fargo report. This year, store-bought Super Bowl snacks will cost just 0.1% more

By Chris Isidore, CNN New York (CNN) — The Trump administration is threatening a 25% tariff on all imports from Canada and Mexico as soon as Saturday — a move that would almost immediately impact car dealerships and factories in the United States. The tariffs would add a minimum of thousands of dollars to the

By Jeanne Sahadi, CNN (CNN) — Wildfires, raging floods, tornadoes and hurricanes can obliterate your home, but not your mortgage. The hard reality is that even when you live in a federally declared disaster area — like those ravaged by wildfires in Los Angeles County or battered by hurricanes in North Carolina and other states

By Jeanne Sahadi, CNN (CNN) — Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns. So whether you’re in a rush to get your refund or just wondering how long you can postpone sending your return in, here’s what you need to know and some tips to