CNN – Business/Consumer

By Elisabeth Buchwald, CNN (CNN) — A system to process at least $166 billion in tariff refunds could be up and running in 45 days. That’s the alternative to a manual process that could take 4 million hours, according to a senior US Customs and Border Protection executive. However, it’s still anyone’s guess as to

By Bryan Mena, CNN Washington (CNN) — The steep slowdown in hiring over the past year, largely due to the uncertainty sparked by President Donald Trump’s erratic tariff policy, has made it difficult for Americans to find work, especially recent college graduates. In 2024, young men were instrumental in handing Trump his electoral victory, according

By John Towfighi, CNN New York (CNN) — The Iran war sent oil futures surging to historic gains this week, while stocks fell sharply in a worldwide selloff. US stocks closed lower Friday as surging oil prices and weaker-than-expected jobs data added to concerns coursing through markets. The Dow fell 453 points, or 0.95%, recouping

By Oren Liebermann, CNN (CNN) — Every reporter in Israel — and every member of the public — is subject to a military censor. On national security grounds, the regulation authorizes the censor to prohibit reporting or broadcasting any material that could reveal sensitive information or pose a threat to the country’s security interests. This

By Bryan Mena, CNN Washington (CNN) — Spending at US retailers unexpectedly fell in January as consumer confidence languished and harsh cold weather buffeted various parts of the country. Retail sales declined 0.2% in January from the prior month, the Commerce Department said Friday, the biggest decline since May. January’s reading came in below expectations

By Alicia Wallace, CNN (CNN) — Hiring at US businesses unexpectedly plunged last month as employers shed an estimated 92,000 jobs, according to new data released Friday by the Bureau of Labor Statistics. The unemployment rate edged higher to 4.4% from 4.3%. Economists were expecting job growth to slow somewhat after a surprisingly strong January

By Hadas Gold, CNN (CNN) — Anthropic on Thursday said a Pentagon designation of the AI company as a “supply chain risk to America’s national security” won’t impact their business partners as heavily as Defense Secretary Pete Hegseth implied last week. Hegseth had announced in a post on X that, as a result of a

By John Towfighi, CNN New York (CNN) — Stocks sank, volatility picked up and oil prices surged to their highest level since mid-2024 as concerns about a prolonged war with Iran continue to roil markets. The Dow closed lower by 785 points, or 1.61%, recouping some losses in the afternoon after briefly falling more than

By Brian Stelter, Liam Reilly, CNN (CNN) — Paramount CEO David Ellison has pledged to support editorial independence at CNN, saying it “needs to be maintained,” amid widespread concern about his company’s plans for the news network. Last week, Ellison emerged victorious in a months-long battle for Warner Bros Discovery after Netflix pulled out of

By Samantha Delouya, CNN (CNN) — US mortgage rates didn’t stay below 6% for long. The average 30-year fixed mortgage was 6% for the week ending March 5, according to Freddie Mac – after war with Iran rattles financial markets. The yield on the 10-year Treasury, which mortgage rates closely follow, has climbed since President

By Brian Stelter, CNN (CNN) — Savannah Guthrie “plans to return” to the “Today” show at some point, NBC said Thursday, in the network’s first public comments about her future on the telecast. Guthrie’s mother, Nancy, has been missing for 33 days, as the “Today” show noted in a brief news update about the case

By Alicia Wallace, CNN (CNN) — Economic uncertainty tied to President Donald Trump’s signature trade policies has led many small businesses to lay off workers, delay expansion plans or scale back production. ValenSil Technologies, for one, was growing at a pretty good clip heading into 2025. The Avon, Ohio-based aerosol filler expanded its manufacturing footprint,

By Samantha Delouya, CNN (CNN) — John Andrews, a South Carolina-based chef who runs a meal delivery service, estimates he drives over 100 miles every week to deliver fresh home-cooked meals to his clients. “The economy is killing me on food prices. And gas prices are tough now, too,” Andrews said. “It’s kind of a

By John Liu, CNN Beijing/Hong Kong (CNN) — China set its lowest economic growth target in decades on Thursday, announcing it would aim for 4.5-5% expansion in 2026 as the world’s second-largest economy grapples with weak domestic demand and an uncertain global outlook. The moderate projection follows three consecutive years of aiming for “around 5%”

By Brian Stelter, CNN (CNN) — A version of this article first appeared in the Reliable Sources newsletter. You can sign up for free here. Wednesday’s Pentagon press briefing by Defense Secretary Pete Hegseth and Gen. Dan Caine gave at least the appearance of transparency. But the military leaders mostly received kid-glove treatment from the

By Brian Stelter, CNN (CNN) — As CBS News plots an overhaul of its morning show, Gayle King has renewed her contract to remain at the network, a spokesperson confirmed Wednesday. “I’m excited about continuing at ‘CBS Mornings.’ As always, I’m open to new adventures here and ready to go,” King said in a statement.

By John Towfighi, CNN New York (CNN) — Oil prices Wednesday paused their recent surge, supporting a rebound in European and US stocks, as investors hold hope for limited long-term disruptions to energy markets and monitor developments in the Middle East. Global investors are digesting the market turmoil spurred by the US-Israeli war with Iran

By Lisa Eadicicco, CNN New York (CNN) — Apple on Wednesday launched the MacBook Neo, the company’s cheapest-ever new model. The MacBook Neo is the first Apple laptop to run on a chip typically used in the iPhone and starts at $599. It signals a fresh attempt to court Windows and Chromebook customers and ramp

By Hadas Gold, CNN (CNN) — Messages written in chalk covered the sidewalk outside OpenAI’s San Francisco offices Monday morning: “Where are your redlines?” “You must speak up.” “What are the safeguards?” The messages, according to social media and news reports, were written by activists. But some of those feelings are shared by many within

By Bryan Mena, CNN Washington (CNN) — Just as President Donald Trump looks set to install a Federal Reserve chair aligned with his desire for lower interest rates, the president’s war on Iran likely makes those rate cuts harder to deliver. Fed policymakers were already expected to keep their benchmark lending rate unchanged until at