Money

By Nick Watt, Vanessa Yurkevich, Alicia Wallace and David Goldman, CNN (CNN) — American consumers are on the cusp of tough choices because of President Donald Trump’s trade war. Ships now pulling into US harbors from China are the first to be subject to the massive tariffs that America is imposing on most Chinese imports.

By Alexandra Skores, CNN Hagerstown, Maryland (CNN) — While passenger anxieties may be experiencing an uptick, one new design aboard a small aircraft is attempting to change the future of flying when it comes to safety. And it comes with just the push of one button. Aircraft manufacturer Cirrus is launching the first Federal Aviation

By Elisabeth Buchwald, CNN New York (CNN) — A few months ago, the words “bonded warehouse” and “harmonized system codes” might not have been on the minds of many American business owners. Now they’re in a massive spotlight. After President Donald Trump slapped a whopping 145% minimum tariff on most goods coming from China, 25%

CNN By Alexandra Skores, CNN Hagerstown, Maryland (CNN) — While passenger anxieties may be experiencing an uptick, one new design aboard a small aircraft is attempting to change the future of flying when it comes to safety. And it comes with just the push of one button. Aircraft manufacturer Cirrus is launching the first Federal

By Matt Egan, CNN New York (CNN) — One of America’s closest allies recently raised eyebrows for threatening to fire off the ultimate financial weapon against Washington in trade talks: dumping US debt. Japanese Finance Minister Katsunobu Kato, whose country is the biggest holder of US Treasuries, said on Friday that selling the assets is

By Bryan Mena, CNN Washington (CNN) — Canadian Prime Minister Mark Carney will visit US President Donald Trump at the White House on Tuesday in what could be one of the most contentious meetings between the neighboring countries’ leaders in years. Canada is America’s second-biggest trading partner and one of its closest allies on many

By Ramishah Maruf, CNN New York (CNN) — Last week, President Donald Trump advised Americans that his trade war could result in children’s dolls costing “a couple bucks more.” That, at least, seems to have come to fruition. Mattel, the toy manufacturing giant and maker of Barbie, plans to raise prices on American toys due

By Jordan Valinsky, CNN New York (CNN) — Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped drug store chain said it is looking for a buyer, and re-filing for Chapter

By Chris Isidore, CNN (CNN) — President Donald Trump’s auto tariffs will cost Ford $1.5 billion this year, but the automaker said Monday it does not expect overall US car prices to rise significantly as a result. Ford CFO Sherry House told reporters that it expects US car prices to edge up 1% to 1.5%

By John Towfighi, CNN New York (CNN) — US stocks slid Monday and a historic rally for the S&P 500 lost steam as Wall Street awaited potential developments in trade negotiations between the United States and other countries. The Dow lost 99 points, or 0.24%. The broader S&P 500 fell 0.64% and the tech-heavy Nasdaq

By Liam Reilly, CNN (CNN) — Brendan Carr, the top communications regulator, doesn’t view his investigation into CBS as “a threat” to the broadcaster. Sitting down with CNBC host Sara Eisen at the Milken Institute’s Global Conference in Los Angeles on Monday, Carr called the federal inquiry into “60 Minutes” over its October interview with

By Reuters (CNN) — OpenAI said on Monday it would remain under the control of its nonprofit parent, while pushing ahead with plans to change the structure of its for-profit arm to allow more capital-raising to keep pace in the artificial-intelligence race. The announcement follows a storm of criticism and legal challenges, including a high-profile

By Nathaniel Meyersohn, CNN New York (CNN) — Skechers is fleeing the public market and hunkering down by going private during the middle of a trade war. The company announced Monday that investment firm 3G Capital will buy Skechers for $9.4 billion. 3G will pay $63 a share for the brand, a 30% premium of

By Matt Egan, CNN New York (CNN) — About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, according to a new analysis published Monday by TransUnion. Research from the information and insights company suggests that a significant number of Americans with student loan debt are

CNN By Matt Egan, CNN New York (CNN) — About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, according to a new analysis published Monday by TransUnion. Research from the information and insights company suggests that a significant number of Americans with student loan debt

By Auzinea Bacon, CNN (CNN) — Those who have followed Berkshire Hathaway have long-anticipated that the day would come when legendary investor and CEO Warren Buffett called it quits. But the news came unexpectedly at Berkshire’s annual shareholder meeting on Saturday, as the 94-year-old Oracle of Omaha waited until the end of the event to

By Jeanne Sahadi, CNN (CNN) — Many investors — especially high-income ones living in high-tax states — benefit from owning state and local municipal bonds for their tax advantages. The interest investors make on munis is exempt from federal income tax — and in some cases, state and local taxes too, if you buy a