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Spinning off Instagram, the decline of ‘friending’ and other takeaways from Mark Zuckerberg at the FTC monopoly trial

By Clare Duffy, Auzinea Bacon, Lisa Eadicicco and Emily Condon, CNN Washington DC (CNN) — CEO Mark Zuckerberg defended Meta’s acquisition of Instagram and WhatsApp on the stand this week during the start of trial over the blockbuster antitrust lawsuit brought by the Federal Trade Commission. But, it turns out, Zuckerberg predicted that he might

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The Federal Reserve is responsible for promoting full employment and keeping inflation in check

Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs

By Bryan Mena, CNN Washington (CNN) — President Donald Trump’s significant policy changes, including on tariffs, are unlike anything seen in modern history, putting the Federal Reserve in uncharted waters, Chair Jerome Powell said Wednesday. “These are very fundamental policy changes,” Powell said at an event hosted by the Economic Club of Chicago. “There isn’t

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Workers process electronic products

‘It’s going to be the small stuff’: Trump’s tariffs could make cheap tech gadgets not so cheap

By Lisa Eadicicco, CNN New York (CNN) — Those shopping for a new smartphone or computer may be spared from tariff-induced sticker shock. At least, for now. President Donald Trump issued a memorandum on April 11 saying certain electronics — including computers, smartphones and some components — won’t be subject to the reciprocal tariffs imposed

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