CNN – Business/Consumer

By Anna Cooban, CNN London (CNN) — The United Nations expects that millions of potential jobs will vanish this year because of an economic slowdown triggered by US President Donald Trump’s trade war. The International Labour Organization (ILO), a UN agency, predicts in a report released Wednesday that 53 million jobs will be created worldwide

By Clare Duffy, CNN New York (CNN) — Google and Apple will soon be required to verify app store users’ ages in Texas, after Gov. Greg Abbott signed the rule into law on Tuesday. The Texas App Store Accountability Act follows similar legislation that passed in Utah earlier this year, although it requires the app

By Nathaniel Meyersohn, CNN New York (CNN) — Companies are warning investors about the risks of becoming the next target of angry customers. Corporate America is required to disclose risks to their businesses in their annual regulatory filings. This year, Walmart, Target, Home Depot, Corona-parent Constellation Brands join an increasing number of companies advising investors

By Jordan Valinsky, CNN New York (CNN) — With beer sales flatlining, Anheuser-Busch is looking beyond hops and toward Ultimate Fighting Championship’s controversial boss Dana White to help them crack the growing energy drink category. Launching nationwide Wednesday is Phorm Energy, the company’s newest energy drink. The non-alcoholic caffeinated beverage marks the first product stemming

By Lisa Eadicicco, CNN (CNN) — In 2011, then-President Barack Obama pressed Apple CEO Steve Jobs on what it would take to bring iPhone production to the United States, according to The New York Times. Fourteen years later, President Donald Trump is resurfacing that question to current Apple CEO Tim Cook – and the stakes

By John Towfighi, CNN New York (CNN) — A divergence is taking hold in markets: While Wall Street is sending money abroad, Main Street is leaning in to America, doubling down on a “buy-the-dip” strategy that has, for now, paid off. Wall Street heavyweights continue to warn that the trade war could hurt the economy,

Reuters (Reuters) — Brazilian labor prosecutors filed a lawsuit on Tuesday against Chinese carmaker BYD, holding it responsible for human trafficking and “slavery-like conditions” for workers building a factory in its biggest market outside China. The lawsuit seeks 257 million reais ($45 million) in moral damages from BYD and two contractors, JinJiang and Tecmonta, according

By Phil Mattingly and Alayna Treene, CNN (CNN) — President Donald Trump stunned European officials and caught some of his own senior advisers off guard with his snap decision Friday to reignite his market-rattling trade war with the European Union. Three days later, he got exactly what he wanted. “I have just been informed that

By Catherine Nicholls, CNN (CNN) — The European Commission has launched an investigation into four major adult websites on Tuesday, accusing them of not complying with regulations that protect minors from accessing pornography. Pornhub, Stripchat, XNXX and XVideos – the websites at the subject of the investigation – are accused of not doing enough to

By Brian Stelter, CNN (CNN) — National Public Radio filed a First Amendment lawsuit against the Trump administration on Tuesday, alleging that President Trump’s attempt to defund NPR is a “clear violation of the Constitution.” Several NPR member stations from Colorado joined the national network in filing the suit, highlighting the local impacts of taxpayer-funded

By David Goldman and John Towfighi, CNN New York (CNN) — Rinse, repeat. Stocks rose Tuesday after President Donald Trump did a 180-degree turn on his threat to place a massive 50% tariff on goods imported from the European Union. The Dow closed higher by 741 points, or 1.78%. The broader S&P 500 rose 2.05%

By Anna Cooban, CNN London (CNN) — Tesla’s sales plummeted by more than half across the European Union last month even as the bloc’s overall electric car market grew. New registrations for Tesla (TSLA) vehicles fell nearly 53% across the EU in April compared with the same month in 2024, according to data released Tuesday

By Bryan Mena, CNN Washington (CNN) — By week’s end, it’ll be much clearer how the US economy is holding up amid President Donald Trump’s sweeping policy changes. Trump’s erratic trade war has already unsettled consumers and taken a toll on economic growth — mostly due to American businesses rushing to stock up on imports.

By Samantha Delouya, CNN (CNN) — Memorial Day marks the unofficial start to summer, but this year, it may also kick off a season of higher prices. Small businesses that sell beer, fireworks and other summer staples told CNN they are grappling with higher costs amid new tariffs that the Trump administration placed on nearly

By Auzinea Bacon, CNN (CNN) — Gas prices are holding steady for the nearly 40 million Americans expected to hit the road on Memorial Day. The average cost of a gallon of regular unleaded in the United States on Sunday was $3.18, according to AAA, the lowest over a Memorial Day weekend since 2021, when

By Kit Maher and Robert Ilich, CNN (CNN) — President Donald Trump said Sunday that he has agreed to delay a 50% tariff on European Union imports until July 9, the latest instance of Trump declaring an impending tariff and throwing markets into confusion only to later walk back the threatened levies. Trump said he

By Bryan Mena, CNN Washington (CNN) — Being an honest public servant will always be a rewarding choice, Federal Reserve Chair Jerome Powell said Sunday in a speech at a pre-graduation ceremony at Princeton University amid months of unrelenting personal attacks from President Donald Trump. “As you navigate the world of bright possibilities that awaits

By Auzinea Bacon, CNN (CNN) — After a slow start to 2025, the Hollywood box office has pulled off a “Stitchpossible” comeback buoyed by a huge holiday weekend. Disney’s “Lilo & Stitch” and the eighth installment of “Mission: Impossible” helped spark a record $325 million estimated box office haul for Memorial Day weekend. “Lilo &

By Lisa Eadicicco, CNN (CNN) — First lady Melania Trump released an audiobook version in her voice of her memoir on Thursday — but she won’t actually be the one narrating it. “I am honored to bring you Melania – The AI Audiobook – narrated entirely using artificial intelligence in my own voice,” she wrote