Money

By David Goldman, CNN (CNN) — President Donald Trump on Tuesday warned that even more tariffs could be coming as soon as next week: This time China was his target, as Trump threatened to unleash a wave of higher taxes on imports from America’s second-biggest trading partner. In an Oval Office press conference that echoed

By Maria Sole Campinoti and Clare Duffy, CNN YouTube and TikTok star MrBeast is looking to buy TikTok as part of a group of investors, as a 75-day time limit ticks down for the social media company to find a non-Chinese owner or risk being permanently banned. “Okay fine, I’ll buy Tik Tok so it

By Liam Reilly, CNN New York (CNN) — Netflix announced Tuesday it will raise prices on most of its subscription tiers in the US and Canada after the streaming giant reported 19 million new subscribers in the last quarter of 2024. The jump in subscribers, Netflix’s biggest-ever, puts the streaming giant at 302 million globally,

By Maria Sole Campinoti, CNN (CNN) — JetBlue now accepts Venmo payments for flights, in what it called a first for airlines on Tuesday. Venmo payment options are available on the airline’s website and will roll out on their mobile app “in the coming months,” the carrier announced. Venmo payment options are the latest announcement

By Elisabeth Buchwald, CNN New York (CNN) — President Donald Trump said Monday he still intends to move forward with an across-the-board tariff of 25% on Mexican and Canadian goods, though he said those levies would come on February 1 rather than his previous day-one threat, Trump said in an Oval Office signing ceremony. The

By Maria Sole Campinoti, CNN (CNN) — The extraordinary developments for one of America’s most popular social media apps over this weekend will be one for the history books. The banning — and unbanning — of TikTok involved actions from a former president, a sitting president and a future president and gripped 170 million Americans

By Kayla Tausche, Kevin Liptak, David Goldman and Elisabeth Buchwald, CNN (CNN) — President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers. Trump

By Chris Isidore, CNN New York (CNN) — Members of the Teamsters union have authorized a strike against Costco on February 1 unless they reach a deal with the warehouse retailer before the current contract expires on January 31. The union said 18,000 Costco workers are set to go on strike at 56 of the

By Clare Duffy and David Goldman, CNN New York (CNN) — As he promised Sunday, President Donald Trump on Monday signed an executive action that delays enforcement of the TikTok ban for 75 days. The action directs the US Justice Department not to enforce the Foreign Adversary Controlled Applications Act, which passed with broad bipartisan

By Tami Luhby, CNN (CNN) — If US Immigration and Customs Enforcement visits a Chicago restaurant in the coming days, Sam Toia wants to know. With the incoming Trump administration planning to kick off an immigration crackdown in major cities, possibly including Chicago, Toia, CEO of the Illinois Restaurant Association, has been fielding calls from

By Lex Harvey, Auzinea Bacon and Matt Egan, CNN (CNN) — The incoming first couple have launched a pair of meme coins in the leadup to president-elect Donald Trump’s inauguration that are already worth billions of dollars on paper. But the timing of the Trump cryptocurrency launch, just days before taking office and promising to

By Tami Luhby, CNN (CNN) — Move over billionaires. The first trillionaires are on their way. Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report, released Sunday. Tesla and SpaceX CEO Elon Musk, currently the world’s richest person

By Ramishah Maruf, CNN New York (CNN) — Monday, January 20, commemorates the birthday of the Rev. Martin Luther King Jr. This year, the holiday coincides with President-elect Donald Trump’s inauguration, though the majority of business closures will be for MLK Day. King’s actual birthday is on January 15, but the federal holiday always falls