Money

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

By Jeanne Sahadi, CNN (CNN) — The Federal Reserve on Wednesday decided yet again to stand pat on interest rates. Despite the Fed’s inaction, there are still opportunities to maximize the interest you earn on your savings or reduce what you pay on your debts. Given the Trump administration’s whipsaw tariff policies and its smiting

By Jordan Valinsky, CNN New York (CNN) — Tesla’s display at this week’s Vancouver International Auto Show was removed by event organizers because of safety issues revolving around the Elon Musk-led company. An auto show spokesperson said in a statement to CNN that Tesla was “removed” following “multiple opportunities to voluntarily withdraw” from the event,

By Jordan Valinsky, CNN New York (CNN) — Ben & Jerry’s is accusing its parent company Unilever of breaching its merger agreement by ousting the ice cream company’s CEO for the brand’s repeated public comments on progressive issues, removing its chief executive without the board’s approval. It’s the latest escalation of an increasingly ugly dispute

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 is

By Ramishah Maruf, CNN New York (CNN) — President Donald Trump fired two Democratic members of the Federal Trade Commission on Tuesday, with both commissioners saying they were ”illegally fired.” Commissioner Alvaro Bedoya posted a scathing critique of the Trump administration on X after the firing. “I’m a commissioner of the Federal Trade Commission. The

By Vanessa Yurkevich, CNN New York (CNN) — The Trump administration is declaring victory for defeating a massive pain point for inflation-weary Americans: Egg prices are plunging. “When I took it over, eggs were through the roof, and now eggs are down,” President Donald Trump said Sunday aboard Air Force One. White House Press Secretary

By Elisabeth Buchwald, CNN New York (CNN) — Is a recession brewing in the US? The answer to that question will vary depending on whom you ask in the Trump administration — and when. Wall Street plunged last week after President Donald Trump said he was not ruling out a recession and that Americans should

By Matt Egan, CNN (CNN) — Google announced a deal Tuesday to buy rapidly growing cybersecurity firm Wiz for $32 billion. It would be the tech giant’s biggest-ever acquisition. The all-cash takeover of privately held Wiz represents a big bet by Google on cloud security and cybersecurity in this period of explosive growth for artificial

By Anna Cooban, CNN London (CNN) — Volkswagen’s Audi luxury brand has announced it will cut thousands of jobs over the next few years, in the latest sign of trouble in Germany’s auto sector. The automaker said in a statement Monday that it would slash up to 7,500 jobs at its German sites by 2029

By Brian Stelter and Christian Edwards, CNN (CNN) — One of the US-funded international networks in President Trump’s crosshairs is going to court to contest his shutdown order. Radio Free Europe/Radio Liberty, which broadcasts news and information in 27 languages across Eastern Europe, Asia and the Middle East, said in a statement last weekend’s grant

By Nathaniel Meyersohn, CNN New York (CNN) — Americans are cutting back on Doritos, Goldfish and Hostess cakes. It’s not for their health, however – it’s a sign that even small indulgences have gotten too expensive for many to afford. “Consumers are cutting back on non-essentials and stretching the value they get out of every

By Juliana Liu, CNN Hong Kong (CNN) — Officials in Beijing and Hong Kong spoke out Tuesday against a proposal to sell ports in the Panama Canal to a consortium led by BlackRock, sending shares in the Hong Kong-based conglomerate that owns the ports plummeting. It’s unclear how regulators could interfere with the plan, which

By Alicia Wallace, CNN (CNN) — Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout in Americans’ feelings about their future financial well-being. Any positive reports are described by economists as the “calm before the storm.” The common denominator

By Jordan Valinsky and Ramishah Maruf, CNN New York (CNN) — PepsiCo is buying Poppi, the popular prebiotic soda brand, in a $1.65 billion deal. The move marks PepsiCo’s further shift into the “better for you” category as consumers shy away from sugar-filled drinks and unhealthy snacks. In January, the company bought Siete Foods, which