CNN Business/Consumer

By David Goldman and Alayna Treene, CNN (CNN) — President Donald Trump on Friday set negotiating terms for his administration’s first discussions with China, which are set to take place in Geneva this weekend. In a series of posts on Truth Social, Trump appeared to lay out his demands — and concessions — for the

By Clare Duffy, CNN New York (CNN) — Stacey Wales spent two years working on the victim impact statement she planned to give in court after her brother was shot to death in a 2021 road rage incident. But even after all that time, Wales felt her statement wouldn’t be enough to capture her brother

KNXV, CNN By Clare Duffy, CNN New York (CNN) — Stacey Wales spent two years working on the victim impact statement she planned to give in court after her brother was shot to death in a 2021 road rage incident. But even after all that time, Wales felt her statement wouldn’t be enough to capture

CNN By Clare Duffy, CNN New York (CNN) — When Bill and Melinda French Gates created the Gates Foundation in 2000, they had planned for the organization to continue its work, using their remaining fortune, for several decades after they died. But now, the billionaire Microsoft founder says he doesn’t want to wait that long

By Chris Isidore, CNN (CNN) — Long-delayed next Air Force One jets from Boeing might now be delivered by 2027 — in time for President Donald Trump to use them, according to a top Air Force official. While that’s still years behind the original delivery date of 2022, it’s one to two years earlier than

By Lisa Eadicicco, CNN (CNN) — President Donald Trump will rescind a set of Biden-era curbs meant to keep advanced technology out of the hands of foreign adversaries but that has been panned by tech giants. The move could have sweeping impacts on the global distribution of critical AI chips, as well as which companies

By Anna Cooban, CNN London (CNN) — The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in Britain to 4.25%. It is the fourth cut the central bank has made

By Jordan Valinsky, CNN New York (CNN) — Krispy Kreme’s partnership with McDonald’s to sell its doughnuts at all of the burger chain’s US restaurants didn’t turn out as sweet as it thought. The doughnut chain announced in its earnings release Thursday that it is “reassessing the deployment” of the rollout, with the partnership pausing

By Clare Duffy, CNN New York (CNN) — When Bill and Melinda French Gates created the Gates Foundation in 2000, they had planned for the organization to continue its work, using their remaining fortune, for several decades after they died. But now, the billionaire Microsoft founder says he doesn’t want to wait that long to

By David Goldman and Kaitlan Collins, CNN (CNN) — President Donald Trump teased a significant trade announcement to be announced Thursday — a source familiar with the administration’s plans tells CNN the deal will be with the United Kingdom. It’s yet another sign of some possible relief from historically high tariffs that have threatened serious

By Samantha Delouya, CNN (CNN) — The number of Washington, DC area homeowners who decided to list their homes for sale jumped last month amid steep cuts to the federal workforce. In the four weeks ending April 27, the number of active home listings in the nation’s capital surged 25.1% year-over-year, the largest gain on

By Chris Isidore, CNN (CNN) — Ford is hiking the sticker prices for the three US models it imports from Mexico by up to $2,000 each, just days after executives said they didn’t expect significant increases in industrywide car prices this year. The price increase was disclosed in a memo sent to Ford dealerships, first

By Bryan Mena, CNN Washington (CNN) — The Federal Reserve said Wednesday it will hold interest rates steady as the US economy begins to show the effects of President Donald Trump’s haphazard trade war. The central bank kept its benchmark lending rate unchanged at a range of 4.25% to 4.5%, extending a holding pattern that

By Elisabeth Buchwald and David Goldman, CNN (CNN) — President Donald Trump, in his first Oval Office meeting with new Canadian Prime Minister Mark Carney, said there was nothing Carney could say to him Tuesday that would convince the president to reduce tariffs on Canadian goods. “No,” Trump said. “Just the way it is.” Trump

By David Goldman, CNN (CNN) — Trump’s top trade officials will meet with their Chinese counterparts this week to discuss a de-escalation of their increasingly ugly and damaging trade war. The future of the global economy is riding on their success. The trade talks, the first in-person meeting between Chinese and American officials since the

By Nick Watt, Vanessa Yurkevich, Alicia Wallace and David Goldman, CNN (CNN) — American consumers are on the cusp of tough choices because of President Donald Trump’s trade war. Ships now pulling into US harbors from China are the first to be subject to the massive tariffs that America is imposing on most Chinese imports.

CNN By Alexandra Skores, CNN Hagerstown, Maryland (CNN) — While passenger anxieties may be experiencing an uptick, one new design aboard a small aircraft is attempting to change the future of flying when it comes to safety. And it comes with just the push of one button. Aircraft manufacturer Cirrus is launching the first Federal

By Matt Egan, CNN New York (CNN) — One of America’s closest allies recently raised eyebrows for threatening to fire off the ultimate financial weapon against Washington in trade talks: dumping US debt. Japanese Finance Minister Katsunobu Kato, whose country is the biggest holder of US Treasuries, said on Friday that selling the assets is

By Ramishah Maruf, CNN New York (CNN) — Last week, President Donald Trump advised Americans that his trade war could result in children’s dolls costing “a couple bucks more.” That, at least, seems to have come to fruition. Mattel, the toy manufacturing giant and maker of Barbie, plans to raise prices on American toys due

By Jordan Valinsky, CNN New York (CNN) — Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped drug store chain said it is looking for a buyer, and re-filing for Chapter

By Chris Isidore, CNN (CNN) — President Donald Trump’s auto tariffs will cost Ford $1.5 billion this year, but the automaker said Monday it does not expect overall US car prices to rise significantly as a result. Ford CFO Sherry House told reporters that it expects US car prices to edge up 1% to 1.5%