CNN – Business/Consumer

By Clare Duffy, CNN New York (CNN) — It’s looking increasingly likely that any sale of TikTok will mean US users have to download a new app. And that could mean an almost entirely different experience. After repeatedly delaying enforcement of a law that requires TikTok’s China-based parent company, ByteDance, to sell it or face

By Jeanne Sahadi, CNN (CNN) — President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting. One of them is the new temporary income tax deduction for interest paid on loans financing the purchase of qualified passenger vehicles. The

By John Liu and Matt Egan, CNN (CNN) — President Donald Trump said at least seven countries can expect tariff letters on Wednesday morning, as he ramped up pressure on nations to strike deals with the United States by saying his new August 1 deadline would not be extended. The announcement came as Trump vowed

By Hadas Gold, CNN (CNN) — Grok, the AI-powered chatbot created by Elon Musk’s xAI, has begun pushing antisemitic tropes in its responses to some users’ queries, weeks after Musk said he would rebuild the chatbot because he was unsatisfied with some of its replies that he viewed as too politically correct. On Tuesday, Grok

By Clare Duffy, CNN New York (CNN) — A group of leading tech companies is teaming up with two teachers’ unions to train 400,000 kindergarten through 12th grade teachers in artificial intelligence over the next five years. The National Academy of AI Instruction, announced on Tuesday, is a $23 million initiative backed by Microsoft, OpenAI,

By Samantha Delouya, CNN (CNN) — Mortgage lenders will soon have a new way to assess borrowers applying for government-backed loans. That sent the stock of America’s biggest credit score company plunging Tuesday. Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump said Tuesday he’s imposing a new 50% tariff on all copper imported into the US. However, it’s unclear when the new tariff would take effect. “Today we’re doing copper,” he said at a Cabinet meeting, adding that he believed the rate will be 50%. This would

By John Towfighi, CNN New York (CNN) — President Donald Trump is threatening to revive his trade war. Wall Street isn’t too concerned. Global markets were relatively calm Tuesday after Trump on Monday ratcheted up his tariff campaign — but extended the deadline to August 1 and said he was open to negotiations. That provided

By Anna Cooban and Audry Jeong, CNN London (CNN) — Dozens of America’s trading partners are bracing themselves for August 1, the new deadline for punishing tariffs on goods they export to the United States. For months, countries have tried to negotiate trade deals with the US to avoid the so-called “reciprocal” tariffs President Donald

By Chris Isidore, CNN (CNN) — Tesla’s troubles go far beyond CEO Elon Musk’s recent dust-up with President Donald Trump, who accused the former “first buddy” of going “completely ‘off the rails’” in a social media slap fight over the weekend. But while the battles between Musk and Trump are getting all the attention, the

By Alicia Wallace, CNN (CNN) — President Donald Trump’s megabill is now a megalaw with wide-reaching implications for many Americans. Trump has touted that his tax and spending law will boost the economy and put more money in people’s pockets, especially for hourly workers. However, as is the case with most federal laws — especially

By Phil Mattingly, CNN (CNN) — Three months later, President Donald Trump’s endgame for his once market-rattling tariffs was supposed to arrive tonight at midnight. But it won’t. As the clock rapidly ticked toward the long-standing July 9 end of Trump’s 90-day pause on soaring “reciprocal” tariff rates on more than 60 countries, Trump on

By Hadas Gold, CNN (CNN) — The brief détente between Elon Musk and President Donald Trump took its last breath over the weekend, as the billionaire and once top Republican donor announced he would form a new political party. Musk distanced himself from his former role as “first buddy” to the president, spending much of

By Elisabeth Buchwald and John Liu, CNN (CNN) — President Donald Trump cranked up the pressure Monday on America’s trading partners, firing off letters to heads of several countries, informing them of their new tariff rate. But at the same time, Trump took some of the edge off by signing an executive action Monday to

By John Towfighi, CNN New York (CNN) — US stocks fell Monday as President Donald Trump announced a flurry of tariffs on countries including Japan, South Korea and South Africa. The Dow closed lower by 422 points, or 0.94%. The S&P 500 fell 0.79% and the tech-heavy Nasdaq Composite fell 0.92%. The three major indexes

By Anna Cooban, CNN London (CNN) — Shares in Tesla plunged 6.79% Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from President Donald Trump. Shares in Tesla (TSLA) had dropped as much as 7.6% in premarket trading. The stock pared some of its earlier

By Vanessa Yurkevich, CNN (CNN) — Companies are increasingly turning to a Depression-era policy to avoid President Donald Trump’s tariffs, importing goods into designated US zones where they don’t have to pay tariffs until they want to. There are 374 foreign trade zones, or FTZs, across the United States, originally designed to help keep companies

By John Liu and Marc Stewart, CNN Hong Kong (CNN) — China’s government on Monday sidestepped a question on US President Donald Trump’s recent claim that he “pretty much” has a deal with Beijing to bring TikTok into American ownership and that talks with China over the popular short-video app could begin early this week.

By David Goldman, CNN (CNN) — President Donald Trump and his administration are racing to get trade deals done ahead of a self-imposed deadline, at which point tariffs are set to rise for dozens of countries across the world. News about the on-again, off-again tariffs has become such a daily fixture of the second Trump

By Auzinea Bacon, CNN (CNN) — Dinosaurs are alive and well at the box office as Universal’s “Jurassic World Rebirth” trampled competitors, grossing $147 million domestically over five days of the Fourth of July weekend. The fourth installment of the “Jurassic World” series outperformed early estimates of nearly $80 million for the three days and