CNN Business/Consumer

By Samantha Delouya, CNN (CNN) — When a deal to buy Caitlin Bigelow’s San Francisco condo fell through last month, she felt relief, rather than disappointment. Bigelow was working with a Realtor she trusted from Compass who had suggested she first list her home as a “Compass Private Exclusive.” That meant her home wouldn’t immediately

By John Liu, CNN (CNN) — President Donald Trump says tariffs on Chinese imports to the United States will eventually be lowered, after both Beijing and Washington appeared to soften their positions about potential trade talks. “At some point, I’m going to lower them because otherwise you could never do business with them,” he said

By David Goldman, CNN (CNN) — President Donald Trump on Sunday extended his trade war to the cinema. Trump, in an evening post on his social media platform Truth Social, said he has instructed the Commerce Department and US Trade Representative to place a 100% tariff on films that are produced outside the United States

By Auzinea Bacon, CNN (CNN) — President Donald Trump said the US economy is a mixture of his enacted policies and the effects of the Biden administration in a wide-ranging interview on NBC’s “Meet the Press with Kristen Welker.” “I think the good parts are the ‘Trump economy’ and the bad parts are the ‘Biden

By Leah Asmelash, CNN (CNN) — If you believe social media, signs of an impending recession are everywhere. Lady Gaga back on the charts? That’s a recession indicator. Coupons and canned good displays at grocery stores? Definitely recession indicators. And the return of knee-high Converse sneakers? Possibly the most obvious recession indicator of them all.

By Luciana Lopez, CNN (CNN) — It’s hard to think of anyone on Wall Street who contains quite the same contradictions as Warren Buffett. He’s a white-haired, ice-cream-eating, Cherry-Coke drinking avuncular figure — who has also cut some of the world’s sharpest deals and amassed a fortune bigger than some nations’ entire annual economy. Buffett,

By Ramishah Maruf, CNN New York (CNN) — Telling investors what’s coming is a normal part of doing business. But with tariff chaos sown throughout the economy, many major companies are “suspending guidance” entirely. Corporate America is wading through uncertain waters, stuck in an uncomfortable wait-and-see mode until it becomes clear whether Trump’s broad reciprocal

By Ramishah Maruf, CNN New York (CNN) — Hours after the a key US tariff exemption expired on Friday, Chinese e-commerce site Temu announced it was overhauling its shipping model, sending out all American sales via US-based sellers. “All sales in the U.S. are now handled by locally based sellers, with orders fulfilled from within

By Chris Isidore, CNN (CNN) — The average car buyer doesn’t think about where the parts in their vehicle come from – but automakers do. That’s why a new round of auto tariffs – this time on parts – coming into effect Saturday could upend the industry, even more than previous levies on imported cars.

By Samantha Waldenberg and Bryan Mena, CNN (CNN) — President Donald Trump appeared to dismiss growing concerns that his economic policies could cause a recession, telling NBC News that the economy would be “OK” in the long term even if a recession happens in the near future. “Some people on Wall Street say that we’re

By Natasha Chen, CNN Los Angeles (CNN) — Edgar Recinos no longer has to choose between paying rent and buying groceries. As a cook at a Wingstop restaurant in Los Angeles, Recinos got a significant wage bump last year — one of half a million fast food workers taking part in a great labor experiment.

By Nathaniel Meyersohn, CNN New York (CNN) — Diversity, equity and inclusion (DEI) has been losing with corporate America, with one big exception: the people who actually own the companies. This year, investors at some of America’s biggest companies — Costco, Apple, Levi’s, John Deere, Goldman Sachs and others — have overwhelmingly voted against proposals

By John Liu and Lisa Eadicicco, CNN (CNN) — Tariffs could add $900 million to Apple’s costs this quarter, Apple CEO Tim Cook said on Thursday, as he revealed the tech giant was shifting production of iPhones sold in the United States from China to India. “Assuming the current global tariff rates, policies, and applications

By Clay Voytek, CNN (CNN) — President Donald Trump signed an executive order Thursday directing the Corporation for Public Broadcasting to end federal funding for America’s two biggest public broadcasters, which have faced a series of attacks from the White House and Republican lawmakers accusing them of biased reporting. The order instructs the CPB’s board

By Elisabeth Buchwald and Ramishah Maruf, CNN New York (CNN) — Many Americans might not have felt major effects from President Donald Trump’s sweeping tariffs – until now. That’s because a major shipping loophole expired at one minute past midnight on Friday. The de minimis exemption, as it’s known, allowed shipments of goods worth under