CNN Business/Consumer

By Alicia Wallace, CNN (CNN) — US inflation slowed to its lowest rate in more than four years, an unexpected and welcome development at a time when President Donald Trump’s dramatically escalated tariffs are expected to cause prices to rise. Consumer prices rose 0.2% last month, bringing the annual inflation rate to 2.3%, an unexpectedly

CNN By Brian Stelter, CNN (CNN) — “Indefensible.” “It’s a bribe.” “Such a stain” on the administration. Some of President Donald Trump’s staunchest supporters are among the loudest critics of his plan to accept a jet from Qatar for use as Air Force One. In a rare break from the cheerleading that typifies MAGA media

By Ramishah Maruf, CNN New York (CNN) — AMC Theatres, the world’s largest theater chain, will be offering even more discounts to moviegoers starting this summer. Beginning July 9, the movie theater chain will offer 50% off adult movie tickets on Wednesdays for those part of the AMC Stubs rewards program. AMC already offers discounted

By Jordan Valinsky, CNN New York (CNN) — McDonald’s is seeking to hire up to 375,000 people ahead of the busy summer season, marking its biggest employment initiative in five years. The hiring surge is focused on staffing up its 13,000 US restaurants as the company prepares to open 900 new locations over the next

By Phil Mattingly, CNN (CNN) — President Donald Trump’s shock-and-awe tariff approach threatened to rupture the global financial system and drive the US economy into recession. Nervous about the prospect of empty store shelves and reignited inflation, Trump sent in his even-keeled and professional negotiators to Geneva to snag a win. The unexpectedly dramatic de-escalation

By David Goldman, John Towfighi and Alicia Wallace, CNN New York (CNN) — US stocks surged on Monday after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels, which some economists say could stave off a US recession. The

By Matt Egan, CNN New York (CNN) — America’s oil industry is facing immense pressure during Trump 2.0. Even though President Donald Trump vowed to usher in a period of American energy dominance, the administration’s trade war and OPEC’s production hikes have cast a shadow over the oil patch. In fact, once-gangbusters US oil production

CNN, POOL By Nectar Gan, Auzinea Bacon and Juliana Liu, CNN Hong Kong (CNN) — The United States and China agreed Monday to drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war and buoyed global markets. The announcement, which was

By Nayeli Jaramillo-Plata, CNN (CNN) — Mother’s Day is busy season for American florists. But this year, there’s an added source of stress: President Donald Trump’s sweeping tariffs, which are raising the prices of some flowers and causing some wary shoppers to pull back on spending. “We have to charge more, and it’s definitely affecting

By Juliana Liu, Catherine Nicholls and Kit Maher, CNN (CNN) — President Donald Trump said Saturday there was “great progress made” on trade talks between the United States and China, amid a possible thaw in the trade war sparked by his massive tariffs. “A very good meeting today with China, in Switzerland. Many things discussed,

By Danielle Wiener-Bronner, CNN New York (CNN) — In June 2023, Jon Halper started selling THC beverages at Top Ten Liquors, his chain of Minnesota stores. The drinks, which contain the main intoxicating chemical compound found in cannabis, were a massive hit. “Immediately, the sales took off,” said Halper. “We’ve never seen anything explosive like

By Vanessa Yurkevich, CNN (CNN) — On Friday morning, West Coast port officials told CNN about a startling sight: Not a single cargo vessel had left China with goods for the two major West Coast ports in the past 12 hours. That hasn’t happened since the pandemic. Six days ago, 41 vessels were scheduled to

By Clare Duffy, CNN New York (CNN) — Bill Gates is calling out fellow tech billionaire Elon Musk over cuts made to US government spending under his watch through the Department of Government Efficiency, saying the gutting of the US Agency for International Development (USAID) would lead to millions of deaths around the world. The

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