Money

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump is invoking a 1930 trade law to impose whopping 50% tariffs on certain Canadian goods, threatening to reignite a trade war with the United States’ second-top trading partner. The impacted Canadian goods range from electric equipment, such as refrigeration, to machinery, according to annexes of three

By Elisabeth Buchwald, CNN (CNN) — Americans are making fewer visits to food chains with lettuce-heavy menus as concerns mount over the cyclospora outbreak. Last week, the Food and Drug Administration and the Centers for Disease Control and Prevention linked lettuce served at some Taco Bell restaurants to the widespread outbreak of the diarrhea-causing parasite.

By Brian Stelter, CNN (CNN) — A federal judge has granted a temporary restraining order pausing Paramount’s takeover of Warner Bros. Discovery, CNN’s parent company. Judge Araceli Martínez-Olguín’s Monday ruling puts the media mega-merger on hold for two weeks while she considers a broader antitrust legal challenge brought by a coalition of 12 state attorneys

By Jordan Valinsky, CNN New York (CNN) — The future for big booze might be smaller — literally. Jameson maker Pernod Ricard, Patrón owner Bacardi Limited and Kendall Jenner’s 818 Tequila are just a few of the alcohol companies expanding their mini bottle selections. Shoppers looking to stretch a dollar are increasingly choosing smaller packages

By Chris Isidore, CNN (CNN) — The average price US drivers pay for a gallon of gas hit $4 on Monday, as fighting between the United States and Iran intensified, further disrupting oil flows through the Strait of Hormuz. The average price is now just above $4 a gallon, according to AAA. Gas first crossed

By Chris Isidore, CNN (CNN) — A quick glance at US electric vehicle sales might give the impression EVs are a niche product, unable to shake Americans’ love affair with gas-powered trucks and SUVs. The recent spike in gas prices did little to lift sales, and the elimination of some tax incentives last year cut

By Isabelle LaBianco (CNN) — Ice cream prices are cooling off at the cash register ahead of National Ice Cream Day. Even as summer heat drives up the demand for frozen treats, the average price of a half-gallon ice cream container in the US was below $6 last month, according to data released Tuesday by

By Lisa Eadicicco, CNN (CNN) — Google and Apple have a big leg up in the AI race: their control of billions of smartphones around the world. That’s according to the European Commission, which is now cracking down on what that means for AI assistants. Apple and Google have long dominated the smartphone market, combining

By Elisabeth Buchwald, CNN (CNN) — For generations, the formula for getting ahead in America seemed straightforward: Go to college, work hard, save your money, buy a home and climb the economic ladder. Today, that formula increasingly depends on something many Americans can’t control: whether their family has the financial means to help along the

By Hanna Ziady, CNN Manchester, England (CNN) — Britain badly needs its mojo back. Its economy is struggling, public services are strained and improvements in living standards have slowed to a crawl in recent decades. Political instability is the new normal, and the national mood is bleak. Could a healthy dose of hope from Andy

By Clare Duffy, CNN New York (CNN) — Meta is in talks with Anthropic about leasing computing capacity to the AI startup. It’s a move that could put the social media giant in competition with Amazon, Microsoft and Google in a new line of business: cloud computing. The conversation about a potential deal is still

By Brian Stelter, CNN (CNN) — Lawyers for the 12-state coalition trying to block the Paramount–Warner Bros. Discovery deal argued in court on Friday that a temporary restraining order (TRO) is necessary to stop the companies from completing the merger. Judge Araceli Martínez-Olguín also heard Paramount’s arguments against the TRO. As CNN reported earlier this

By Bryan Mena, CNN Washington (CNN) — Lower gas prices helped Americans feel more optimistic about the economy early this month, though that relief might be short lived if the conflict in the Middle East continues to intensify. The University of Michigan’s latest survey of Americans, released Friday, showed that consumer sentiment surged 10% early

By John Towfighi, Chris Isidore, CNN (CNN) — Stocks in Asia and the United States fell Friday after technological advances announced by a Chinese artificial intelligence company intensified concerns that the AI spending spree driving this year’s market rally could be at risk. Chinese startup Moonshot AI unveiled Kimi K3, a new open-source model that

By Jordan Valinsky, CNN Dallas (CNN) — The future of Chili’s looks a lot like its past. Red-leather booths, a staple of Chili’s restaurants in the 1990s, are coming back to dining rooms. So are the colorful tile tables, but without the grout that made them difficult to clean. And the walls will be adorned

By Samantha Delouya, CNN (CNN) — For years, buying a home in need of work was seen as a more affordable path to homeownership and building wealth. Home makeover shows dominated TV, house-flipping became a booming business, and first-time buyers embraced the idea of trading sweat equity for a lower purchase price. But lately, fixer-uppers

By John Towfighi, CNN (CNN) — Truth Social will sell Wall Street firms quicker access to market-moving posts from President Donald Trump, the company said on Thursday. Truth Social, owned by Trump Media & Technology Group (DJT), has become the president’s go-to place for announcing policy decisions. The president’s posts frequently move markets, from stocks