CNN Business/Consumer

By Auzinea Bacon, CNN (CNN) — Snack brand giant Mondelez is suing grocery chain Aldi, alleging that the grocer’s store-brand snack packaging “blatantly copies” Mondelez. The maker of Oreo, Triscuit and Chips Ahoy filed the lawsuit on May 27 against the German grocer, which has US headquarters in Illinois, in the federal court for the

By Chris Isidore, CNN (CNN) — President Donald Trump is using his love of tariffs to threaten high-profile American companies. Over the past month, Trump has said he’d like to target two specific and very different companies – Apple and Mattel – with tariffs aimed at their key products over comments by their CEOs. Company-specific

By Anna Cooban and John Towfighi, CNN London/New York (CNN) — US stocks gained Monday as investors digested President Donald Trump’s doubling of tariffs on America’s steel and aluminum imports while trade tensions with China flare up once again. The Dow closed higher by 35 points. The S&P 500 gained 0.41% and the tech-heavy Nasdaq

CNN By Lisa Eadicicco, CNN New York (CNN) — For some small businesses, the last week brought even more twists and turns to the past two months of President Donald Trump’s chaotic tariffs. The situation was already confusing, with stops and starts of tariffs at different levels. Then on Wednesday, a US court said Trump

By Auzinea Bacon, CNN (CNN) — Commerce Secretary Howard Lutnick said Sunday that “tariffs are not going away” after a federal appeals court last week paused a block on many of the Trump administration’s sweeping tariffs. President Donald Trump “has so many other authorities that even in the weird and unusual circumstance where this was

By Elisabeth Buchwald, Rachel Wilson, Amy O’Kruk and Eleanor Stubbs, CNN (CNN) — President Donald Trump has repeatedly said the word “tariffs” is one of his favorite and one of the most beautiful. He’s made that abundantly clear over the past few months by enacting sweeping tariffs on all America’s trading partners, levying higher import

By David Goldman and Elisabeth Buchwald, CNN (CNN) — President Donald Trump announced Friday that he would set tariffs on steel imported into the United States at 50%, double their current rate. At a US Steel facility in West Mifflin, Pennsylvania, Trump said he had a “major announcement.” To an applauding crowd of US Steel

By Brian Stelter, CNN (CNN) — PBS and one of its member stations in northern Minnesota sued President Trump and several cabinet officials on Friday over Trump’s executive order targeting the public broadcasting system. PBS alleges that the president’s May 1 order violated the First Amendment of the Constitution and the Administrative Procedure Act. The

By Auzinea Bacon, CNN (CNN) — JPMorgan Chase CEO Jamie Dimon sounded a warning Friday on the fractious US relationship with China — and on “the enemy within.” “China is a potential adversary — they’re doing a lot of things well, they have a lot of problems,” Dimon said at the Reagan National Economic Forum

By John Towfighi, CNN New York (CNN) — US stocks closed out a wild month with a whimper as tariff jitters returned to Wall Street. Stocks bounced around in a choppy trading session on Friday after President Donald Trump said China has “totally violated” its trade agreement with the United States — without specifying details

By Bryan Mena, CNN Washington (CNN) — Americans didn’t feel any sense of optimism about the US economy this month, despite tensions easing somewhat in President Donald Trump’s ever-evolving trade war. Consumer sentiment held steady in May compared to the prior month at a final reading of 52.2, the University of Michigan said in its

By Chris Isidore, CNN (CNN) — President Donald Trump travels to Pittsburgh Friday to celebrate a deal he once vowed to oppose – Japanese steelmaker Nippon Steel’s long-announced plans to buy iconic American steelmaker US Steel. The deal to have a Japanese company purchase US Steel has drawn bipartisan opposition. President Joe Biden blocked the

By Alicia Wallace, CNN (CNN) — American consumers reined in their spending in April following a tariff-fueled buying binge the month before, according to new data released Friday that also showed inflation cooled off again. Friday’s report from the Commerce Department showed that consumer spending rose 0.2% last month, a weaker-than-anticipated reading but a notable

By Issy Ronald, CNN (CNN) — Haribo is recalling bags of its fizzy cola bottles in the Netherlands after cannabis was found in some of them. Authorities began investigating when several people, including children, became unwell after eating candy from one-kilo (2.2-pound) bags of Haribo Happy Cola F!ZZ, the Netherlands Food and Consumer Product Safety

CNN, POOL, TRUTH SOCIAL, @REALDONALDTRUMP, Truth Social/@realDonaldTrump By Vanessa Yurkevich, CNN (CNN) — US ports have been seeing pandemic-level declines in imports, so good news on tariffs was just what port officials were hoping for. For awhile on Wednesday, it looked like retailers and ports got exactly that, with a court blocking many of President

By Nathaniel Meyersohn, CNN New York (CNN) — Tariffs are slamming Gap. Gap said Thursday that if President Donald Trump’s 30% tariffs on China and 10% duties on most imports from other countries remain at current levels, it could cost the company $100 million to $150 million this year. Gap (GAP) stock plunged 15% during

CNN By Ramishah Maruf, CNN CNN (CNN) — Academics and economists have long warned that rapidly advancing artificial intelligence will wipe out jobs and upend the global economy. Now that call is coming from inside the house. On Thursday, Anthropic CEO Dario Amodei warned on CNN that the technology will spike unemployment sooner than political

By Clare Duffy, CNN New York (CNN) — The chief executive of one of the world’s leading artificial intelligence labs is warning that the technology could cause a dramatic spike in unemployment in the very near future. He says policymakers and corporate leaders aren’t ready for it. “AI is starting to get better than humans

By Dan Berman and Ramishah Maruf, CNN (CNN) — A federal appeals court has paused Wednesday night’s ruling from the Court of International Trade that blocked President Donald Trump’s tariffs. The United States Court of Appeals for the Federal Circuit’s ruling restores Trump’s ability to levy tariffs using the emergency powers he declared earlier this