Money

By Chris Isidore, CNN New York (CNN) — Walgreens has been attempting a financial turnaround for years, and now it says it’s found a new path to finish it. But if history is any guide, its path is more likely to lead to its eventual demise than long-term success. Walgreens Boots Alliance, which owns drugstores

By John Liu, CNN Hong Kong (CNN) — Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary pressures in the world’s second-largest economy. The Consumer Price Index (CPI), a benchmark for measuring inflation, fell by 0.7% in February from the previous year, China’s National Bureau of

By Jessie Yeung, CNN (CNN) — Canada’s next leader is a relative political newcomer, coming instead from a decades-long career in finance where he steered governments through major global crises and periods of upheaval — experience he’s hoping to now leverage as he prepares to take over from Prime Minister Justin Trudeau. It’s an unorthodox

By Auzinea Bacon, CNN (CNN) — President Donald Trump said tariffs on some goods from Canada and Mexico planned for April 2 “could go up,” and would not predict whether the United States will have a recession in 2025. In an interview that aired on Fox News’ “Sunday Morning Futures With Maria Bartiromo,” Trump said

By Nic F. Anderson, CNN New York (CNN) — Rob Sarno has been with the New York City’s Metropolitan Transportation Authority (MTA) for 14 years. As assistant chief track officer, he assists maintenance and emergency response — which also meant teaching artificial intelligence systems what a damaged rail sounds like last year. For a few

By Jordan Valinsky, CNN New York (CNN) — Canada’s neighbors to the south are levying tariffs, threatening annexation and igniting plenty of other chaos. So Canada’s oldest brewery figures that for its people to survive the next four years, they just might require a daily beer. Moosehead Breweries, founded in 1867, released on Friday a

By Hadas Gold, CNN ATLANTA (CNN) — Steve Harvey is best known for awarding money to “Family Feud” contestants or dishing out advice on his radio show. But in recent years, he’s also become a popular target of AI-generated memes, many of which are humorous and seemingly harmless — like depictions of Harvey as a

By Kara Scannell, CNN (CNN) — President Donald Trump’s business trust sued Capital One for closing its bank accounts in 2021, claiming the Virginia lender “debanked” them over their political views causing “considerable financial harm.” The lawsuit, which was filed by the Donald J Trump Revocable Trust and Eric Trump in Miami-Dade Circuit Court on

CNN By David Goldman, CNN (CNN) — A day after offering Canada a one-month reprieve on punishing, virtually across-the-board 25% tariffs, President Donald Trump has threatened new tariffs as soon as Friday on Canadian lumber and dairy products. It’s yet another twist in a serpentine trade policy that seems to shift on an hourly basis.

CNN By Alicia Wallace, CNN (CNN) — Employment growth rebounded in February as the US economy added 151,000 jobs, according to Bureau of Labor Statistics data released Friday. The unemployment rate, however, edged up to 4.1% from 4% the month before. The labor force participation rate slipped as well. Employment growth came in a little

By Bryan Mena, CNN Washington (CNN) — America is feeling uneasy about the Trump administration’s rapid-fire trade policy changes, but Federal Reserve Chair Jerome Powell said Friday he’s not worried. “Despite elevated levels of uncertainty, the US economy continues to be in a good place,” Powell said at an event hosted by the University of

By Jordan Valinsky, CNN New York (CNN) — Sam Bankman-Fried, the convicted crypto fraudster who is serving 25 years in prison, is breaking his silence about his life behind bars in a new interview with Tucker Carlson. One major point of interest about Bankman-Fried has been about whether he has befriended disgraced rapper Sean “Diddy”

By Jordan Valinsky, CNN New York (CNN) — For decades, Wendy’s offered only two Frosty flavors: Chocolate or vanilla. That’s about to change, as the fast food chain is giving its iconic ice cream treat a makeover. In the coming months, Wendy’s is rolling out new ways to customize the sweet treat with offerings called

By Jordan Valinsky, CNN New York (CNN) — A grassroots movement’s call for Americans not to shop at major chains for 24 hours in an “economic blackout” last week went viral — and now, its organizer is launching a weeklong boycott against Amazon that starts Friday. John Schwarz, the 57-year-old founder of The People’s Union

By Ramishah Maruf and Allison Morrow, CNN New York (CNN) — President Donald Trump established a Strategic Bitcoin Reserve and a stockpile of other digital assets through an executive order on Thursday, shortly before hosting a crypto summit at the White House. The Treasury Department will set up an office to administer the reserve, which

By Jordan Valinsky and Ramishah Maruf, CNN New York (CNN) — Walgreens Boots Alliance is being taken private in a deal valued up to $23.7 billion, following a largely disastrous run on the public markets where its market cap has lost billions and more than 10% of its locations have closed. It brings an end

CNN By David Goldman, CNN (CNN) — President Donald Trump on Thursday signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets, businesses and consumers. The