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By Mike Valerio, Yoonjung Seo, Gawon Bae and Juliana Liu, CNN Seoul, South Korea (CNN) — The chief executive of Korean Air, one of the world’s top airlines, has a stark warning about the impact of US President Donald Trump’s trade war on some of the carrier’s most popular routes. “We’re already seeing the downturn

CNN By Mike Valerio, Yoonjung Seo, Gawon Bae and Juliana Liu, CNN Seoul, South Korea (CNN) — The chief executive of Korean Air, one of the world’s top airlines, has a stark warning about the impact of US President Donald Trump’s trade war on some of the carrier’s most popular routes. “We’re already seeing the

By David Goldman and John Liu, CNN (CNN) — Tesla’s chair Robyn Denholm has rejected a Wall Street Journal report that the company’s board has begun a search process for a new CEO to replace Elon Musk. The Journal reported Wednesday that Tesla’s board contacted executive placement firms in March to look for Musk’s replacement,

By Abbas Al Lawati, CNN (CNN) — Iran is crafting a potential nuclear agreement with the United States, wrapping it in language designed to flatter US President Donald Trump’s favorite persona: the dealmaker-in-chief. Officials in Tehran have seized on Trump’s anti-war, pro-business image to pitch an Iran-US nuclear agreement as a way to help Trump

By Hadas Gold, CNN (CNN) — President Donald Trump threatened legal action against The New York Times, calling the newspaper’s citation of legal experts’ opinion of his lawsuit against CBS “likely unlawful.” The Times reported Tuesday evening that legal representatives for Trump and Paramount are set to begin mediation on Wednesday over Trump’s $10 billion

By Ramishah Maruf, CNN New York (CNN) — Rena Scott, a retired registered nurse in Virginia, usually has 10 to 12 active Temu orders at any given time. The 64-year-old has bought almost anything you can think of from the Chinese website. She has four shirts in her cart right now and regularly buys crafting

By Alicia Wallace, CNN (CNN) — A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday. Consumer spending leapt 0.7% from February, according to a Commerce Department report released Wednesday that showed Americans shelled out last month for

By John Towfighi, CNN New York (CNN) — April was one of the wildest months in recent memory for markets, capped off by a key data release that showed the economy shrank last quarter for the first time in years. After tumbling Wednesday morning, the S&P 500 and the Dow gradually clawed back losses and

CNN By Chris Isidore, CNN (CNN) — Ford CEO Jim Farley announced Wednesday on CNN that the automaker is extending its “employee pricing” offer to car buyers for another month, through July 4, to encourage sales to consumers nervous about rising prices because of new tariffs on imported cars and auto parts. Farley spoke with

By Chris Isidore, CNN (CNN) — Ford CEO Jim Farley announced Wednesday on CNN that the automaker is extending its “employee pricing” offer to car buyers for another month, through July 4, to encourage sales to consumers nervous about rising prices because of new tariffs on imported cars and auto parts. Farley spoke with CNN’s

By Bryan Mena, CNN Washington (CNN) — The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses. Gross domestic product, which measures all the goods and services produced in the economy, registered at an annualized rate of -0.3% in the first quarter, the Commerce

By Clare Duffy, CNN New York (CNN) — Companion-like artificial intelligence apps pose “unacceptable risks” to children and teenagers, nonprofit media watchdog Common Sense Media said in a report published Wednesday. The report follows a lawsuit filed last year over the suicide death of a 14-year-old boy whose last conversation was with a chatbot. That

By John Liu, CNN Hong Kong (CNN) — China’s factory activity contracted at its fastest pace in 16 months in April, as steep US tariffs took a heavy toll on the manufacturing sector, adding urgency to Beijing’s efforts to roll out fresh economic stimulus. The manufacturing Purchasing Managers’ Index (PMI) fell to 49.0 in April,

By Brian Stelter, CNN (CNN) — The Trump administration has sparked another fight against public media. In emails from the White House, three board members of the Corporation for Public Broadcasting (CPB) were told on Monday that they were “terminated,” effective immediately, “on behalf of President Donald J. Trump.” In response, the corporation filed a

By Allison Morrow, CNN (CNN) — Billionaire investor Ray Dalio believes it is “too late” to combat the economic fallout of Trump’s tariffs and says the world economic order, with the US at the center, is breaking down. “Based on many of my indicators,” he wrote in a social media post, “it appears that we

By David Goldman, CNN (CNN) — In a sharp rebuke of President Donald Trump’s trade war, China’s Foreign Ministry posted to social media a striking video that calls on the international community to stand up to America’s “bully” leader. “Bowing to a bully is like drinking poison to quench thirst – it only deepens the

By Reuters (CNN) — Facebook parent Meta Platforms on Tuesday launched a separate app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet’s Google. The standalone app comes as Meta looks to boost the AI assistant’s usage, apart from being available within the company’s family of platforms – WhatsApp, Instagram,

By Chris Isidore, CNN (CNN) — UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and a previously announced plan to trim its Amazon business. UPS in January announced

CNN By Alayna Treene, Betsy Klein and Jordan Valinsky, CNN New York (CNN) — The White House took aggressive aim at Amazon, with President Donald Trump putting in a call to Amazon founder Jeff Bezos Tuesday morning, after the company considered displaying the added cost of tariffs on certain items. Trump called Bezos to complain

By Alayna Treene, Betsy Klein and Jordan Valinsky, CNN New York (CNN) — The White House took aggressive aim at Amazon, with President Donald Trump putting in a call to Amazon founder Jeff Bezos Tuesday morning, after the company considered displaying the added cost of tariffs on certain items. Trump called Bezos to complain about