Money

By Jeanne Sahadi, CNN (CNN) — President Donald Trump on Thursday signed an executive order that could make it easier for 401(k)s and other workplace retirement plans to offer employees the option of investing some of their savings in alternative investments including private equity, long the domain of institutional and “accredited” high-net-worth investors. The order

By Lisa Eadicicco, CNN (CNN) — Apple CEO Tim Cook should be breathing a sigh of relief. The White House on Wednesday ratcheted tariffs on Indian imports up by an additional 25%, raising the total levies on one of the United States’ most crucial trading partners to 50% when they kick in later this month.

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump just enacted a new wave of tariffs on dozens of America’s trading partners, marking a substantial escalation in ongoing trade tensions that could constitute the biggest change to the global economy in nearly a century. The historic new trade policy follows months of false starts to

By Phil Mattingly, CNN (CNN) — President Donald Trump is planning to meet with advisers Wednesday about an unexpected open seat on the Federal Reserve Board of Governors, according to a person familiar with the matter. Trump, who has been sharply critical of the Fed’s interest rate decisions, received surprise news last week when current

By Lisa Eadicicco, CNN (CNN) — Apple is investing another $100 billion to expand its operations in the United States, the company announced on Wednesday, as President Donald Trump said he would levy a large import tax on chips coming into the country. Apple’s investment comes after the tech giant already committed $500 billion to

By Jordan Valinsky, CNN New York (CNN) — Claire’s, a mall staple that attracts pre-teens for its bargain jewelry and accessories, has filed for its second bankruptcy in less than a decade. The retailer, which filed for Chapter 11 bankruptcy protection in a federal court in Delaware Wednesday, has been dealing with several problems in

By Lianne Kolirin, CNN (CNN) — It is the high-octane toy for those who have everything: an underwater jetpack that allows you to zip beneath the surface of the ocean – for as long as you can hold your breath. Described by its makers as an “innovation for those who demand the extraordinary,” the CudaJet

By Elisabeth Buchwald, CNN (CNN) — Hardly a day goes by without President Donald Trump boasting about the record tariff revenue the US government has been collecting since he ratcheted up taxes on almost every imported good. “We have a lot of money coming in, much more money than the country’s ever seen,” Trump said

By David Goldman, CNN (CNN) — The bad news in last Friday’s jobs report may have been overshadowed when President Donald Trump fired the commissioner in charge of producing it. But economists haven’t forgotten about America’s job market – and they’re growing concerned. Some of the jobs report data has economists using a word they

By Jordan Valinsky, CNN New York (CNN) — Linda Yaccarino, the former CEO of the Elon Musk-owned social media platform X, has a new leadership gig in the weight loss space. Yaccarino on Tuesday was named the CEO of eMed, a Miami-based telehealth company that dispenses GLP-1 medications such as Wegovy and Ozempic. The appointment

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump said Treasury Secretary Scott Bessent is no longer being considered as a replacement for Jerome Powell as Federal Reserve Chair. “I love Scott, but he wants to stay where he is,” Trump said Tuesday in a CNBC interview. “I’ll take him off, because I asked him

By Jordan Valinsky, CNN New York (CNN) — Nearly a year ago, Jaguar unveiled a refreshed brand identity that was supposed to usher in its future. So far, it’s been mostly a headache. The 102-year-old luxury automaker, once a head-to-head competitor with brands like Mercedes-Benz and BMW, had been plagued with problems even before the

By Elisabeth Buchwald, Michael Rios, CNN (CNN) — President Donald Trump said on Monday that he will “substantially” raise tariffs on India because it’s still buying Russian oil. “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big

By Liam Reilly, CNN (CNN) — The New York Post is heading west. The tabloid’s ownership announced that it will launch a sister publication, The California Post, in early 2026. Based out of Los Angeles, the new tabloid will operate separately under the New York Post Media Group, a Murdoch-owned News Corp subsidiary that houses

By Jordan Valinsky, CNN New York (CNN) — Tesla’s board is giving CEO Elon Musk another huge pay day. The company’s latest CEO pay package, worth about $29 billion, comes several months after a Delaware court rejected for a second time Musk’s 2018 performance award following a shareholder lawsuit. Musk is currently appealing the order.