US spirits exports hit a record high in 2024. Tariffs could destroy that
By Jordan Valinsky, CNN New York (CNN) — Exports of American-made spirits hit a record high last year. However, a hangover is about to hit the…
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Jack in the Box to close up to 200 ‘underperforming’ locations
By Jordan Valinsky, CNN New York (CNN) — Jack in the Box plans to close approximately 10% of its locations and is exploring a sale of its Del…
Continue ReadingOne of Trump’s billionaire supporters has harsh words for the president about his trade war
By David Goldman, CNN (CNN) — Citadel CEO Ken Griffin, a billionaire supporter of President Donald Trump and a megadonor to Republican…
Continue ReadingMcDonald’s is adding its first new permanent addition to its menu in four years
By Jordan Valinsky, CNN New York (CNN) — Chicken has quickly become the fast-food menu item of choice for American consumers, putting…
Continue ReadingHas the stock market hit bottom? History is a guide
By John Towfighi, CNN New York (CNN) — US stocks soared Wednesday, but the S&P 500 is still trying to climb out of slump instigated by…
Continue ReadingTrump’s trade war olive branch met with derision and mistrust inside China
By Juliana Liu and Nectar Gan, CNN Hong Kong (CNN) — US President Donald Trump has delighted global investors with the possibility of a…
Continue ReadingTrump starts the clock for new tariffs to take effect
By David Goldman, CNN (CNN) — President Donald Trump said Wednesday that he could re-impose “reciprocal” tariffs on some countries in as…
Continue ReadingTrump goes after Federal Reserve’s Powell again
By David Goldman, CNN (CNN) — President Donald Trump said Wednesday that Federal Reserve Chair Jerome Powell has kept interest rates too high…
Continue ReadingTwelve states sue the Trump administration over ‘tax hikes’ through tariffs
By Ramishah Maruf, CNN New York (CNN) — Twelve states sued the Trump administration Wednesday for “illegally imposing” tax hikes on…
Continue ReadingTrump was warned of empty shelves and financial turmoil from tariffs and firing Powell. His U-turn pushed stocks higher
CNN By Kevin Liptak, Jeff Zeleny and David Goldman, CNN (CNN) — President Donald Trump’s unprecedented tariffs, particularly on China, and…
Continue ReadingInvestors got hosed when Trump’s tariffs tanked markets. Some of America’s billionaires managed to sell before the plunge
By Clare Duffy, CNN New York (CNN) — Many of America’s wealthiest business leaders have lost millions, if not billions, of dollars in net…
Continue ReadingElon Musk is going back to Tesla. But is the damage already done?
By Chris Isidore, CNN (CNN) — Elon Musk says he’s going back to Tesla. The question now is whether or not it’s too late to reverse the…
Continue ReadingThe economic damage from Trump’s tariffs is piling up
By Olesya Dmitracova, CNN London (CNN) — Businesses in Germany and Britain produced less this month amid worries about President Donald…
Continue ReadingTrump was warned of empty shelves and financial turmoil from tariffs and firing Powell. His U-turn pushed stocks higher
By Kevin Liptak, Jeff Zeleny and David Goldman, CNN (CNN) — President Donald Trump’s unprecedented tariffs, particularly on China, and recent…
Continue ReadingEU whacks Apple and Meta with $800 million in antitrust fines. Meta calls its penalty a ‘tariff’
By Anna Cooban, CNN London (CNN) — The European Union has fined Apple and Meta a combined €700 million ($797 million) in the first…
Continue ReadingAmerica’s biggest exporter was already on the ropes. Then came tariffs
By Chris Isidore, CNN (CNN) — Boeing’s problems the last six years have been legion. Tariffs could be yet another gut punch for the…
Continue ReadingBYD unveils new luxury sports car as carmakers vie for attention at China’s largest auto show
By Simone McCarthy, CNN Shanghai, China (CNN) — Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in…
Continue ReadingTrump says China tariffs will ‘come down substantially,’ hinting at potential U-turn
By Nectar Gan and Alejandra Jaramillo, CNN Hong Kong/Washington (CNN) — US President Donald Trump has signaled a potential U-turn on his trade…
Continue Reading‘60 Minutes’ executive producer resigns, citing a loss of independence in the wake of Trump lawsuit
CNN By Liam Reilly, CNN (CNN) — Bill Owens, the executive producer for CBS News’ flagship “60 Minutes” program, announced he will resign…
Continue ReadingTesla profits plunge as Musk promises he’s ready to step away from role at DOGE
CNN By Chris Isidore, CNN (CNN) — Elon Musk says he’s coming back to Tesla, partly stepping away from his high profile and controversial…
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