Money

By Chris Isidore, CNN (CNN) — Buyers flooded dealerships in March to snap up cars ahead of the threat of higher prices due to tariffs. Strong March sales made up for a weaker start to the year. Ford reported Tuesday that sales in March rose 10%, a bounce from the 1.3% decline in the first

CNN By Olesya Dmitracova, CNN London (CNN) — Europe has “a strong plan” for striking back at the United States in response to Donald Trump’s tariff hikes “if necessary,” a top official said Tuesday on the eve of a long-anticipated announcement of massive import levies by the US president. For weeks, Trump has promoted April

By James Frater and Olesya Dmitracova, CNN London (CNN) — US embassies have sent letters to contractors in their host countries demanding they certify that they do not run any diversity, equity and inclusion (DEI) programs that violate President Donald Trump’s executive order against race- and sex-based preferences. All contractors of the US Department of

By Alicia Wallace, CNN (CNN) — US employers pulled back on their hiring plans last month, while layoffs in the federal government spiked to their highest level in more than four years, new labor market data showed Tuesday. The latest Job Openings and Labor Turnover Survey data provided some glimpses of how President Donald Trump’s

By Olesya Dmitracova, CNN London (CNN) — Europe has “a strong plan” for striking back at the United States in response to Donald Trump’s tariff hikes “if necessary,” a top official said Tuesday on the eve of a long-anticipated announcement of massive import levies by the US president. For weeks, Trump has promoted April 2

By Alicia Wallace, CNN (CNN) — America’s economic engine is running a little rough these days. Consumer confidence is cratering, debt burdens are growing, people are worrying more about their jobs and they’re pulling back on some spending out of caution. Still, while the overall fundamentals that prop up the consumer remain solid, the risks

By Clare Duffy, CNN New York (CNN) — TikTok users may be experiencing some déjà vu this week. The popular short-form video app’s future is once again uncertain as a potential ban in the United States could be just days away. TikTok’s parent company ByteDance is on the hook to sell the app’s US operations

By Ramishah Maruf, CNN New York (CNN) — Hooters — the restaurant chain first known for its orange-clad, all-female wait staff and then its chicken wings — filed for bankruptcy, the company announced Monday. But the decades-old brand said it isn’t going anywhere. In the bankruptcy process, the company plans to sell all of its

By Samantha Delouya and Kit Maher, CNN (CNN) — President Donald Trump signed an executive order Monday aimed at ending ticket-price gouging for live entertainment. The order directs the Federal Trade Commission (FTC) to work with Attorney General Pam Bondi to ensure competition laws are enforced in the concert and entertainment industry. It aims to

CNN By David Goldman and Kevin Liptak, CNN (CNN) — For weeks, President Donald Trump has promoted April 2 as “Liberation Day” in America, when a number of massive tariffs will be announced to fulfill the administration’s ambitious economic agenda. The plan has largely remained a mystery, however, as Trump and his administration have floated

By David Goldman and Kevin Liptak, CNN (CNN) — For weeks, President Donald Trump has promoted April 2 as “Liberation Day” in America, when a number of massive tariffs will be announced to fulfill the administration’s ambitious economic agenda. The plan has largely remained a mystery, however, as Trump and his administration have floated a

By Brian Stelter, CNN (CNN) — The White House Correspondents’ Association says the Trump administration should abandon its “wrong-headed effort” to take control of the press briefing room seating chart. In a memo to its nearly 900 members on Monday, the association charged the White House with trying to “exert pressure on journalists over coverage

By Chris Isidore, CNN (CNN) — White House aide Peter Navarro said Sunday that he expects President Donald Trump’s tariffs to bring in $6 trillion in revenue in the next decade, which could amount to the largest tax hike in US history. Even when adjusting for inflation, that amount would be triple the tax increase

By John Towfighi, CNN New York (CNN) — As Wall Street heads into a new quarter, a flurry of President Donald Trump’s tariffs are set to go into effect. That has traders on edge and has helped put US stocks in their worst first-quarter slump in years. Wall Street has been rocked with volatility this

By Auzinea Bacon, CNN (CNN) — Auto dealerships across the United States could see a jump in customer traffic this week as cost-conscious buyers look to avoid a possible uptick in prices and maintenance costs over the next few years, according to industry analysts. The growing concern over sticker shock has one cause: President Donald