Money

By John Liu and Hassan Tayir, CNN Hong Kong (CNN) — Travel and spending during China’s Lunar New Year holiday hit new records this year, giving the government an encouraging boost as it seeks to ramp up the ailing economy. A total of 501 million trips were made within China during the eight-day travel season,

By Jeanne Sahadi, CNN (CNN) — Elon Musk, head of the chaos-causing Department of Government Efficiency, made an assertion this week that raised questions in some people’s minds about the status of the IRS Direct File program. That program enables tax filers in 25 states, if they choose, to file their taxes for free on

By Brian Stelter, CNN (CNN) — A newly released transcript of a contested interview with former Vice President Kamala Harris refutes President Donald Trump’s assertions that CBS committed “election interference” last October. The Harris interview led Trump to sue CBS, and a pro-Trump advocacy group filed a formal complaint with the FCC, the federal agency

By Liam Reilly, CNN (CNN) — White House press secretary Karoline Leavitt, responding Wednesday to a question about a right-wing conspiracy theory, announced that the federal government would cancel $8 million worth of Politico subscriptions. Leavitt elevated a bogus claim spreading on social media that Politico and the Associated Press for years received millions of

CNN By Tami Luhby, Alayna Treene and Tierney Sneed, CNN (CNN) — A federal judge paused Thursday’s deadline for federal employees to accept the Trump administration’s deferred resignation offer while more proceedings on the program’s legality play out. The administration sent an email to employees just after 5 p.m. ET informing them of the court-ordered

By Clare Duffy and Hadas Gold, CNN New York (CNN) — As Elon Musk and his Department of Government Efficiency associates barrel through the federal government, former Twitter (now X) employees have seen this all before. Musk appears to be bringing his Twitter takeover playbook to the public sector, and, as they did at the

By Jordan Valinsky, CNN New York (CNN) — People don’t buy “domestic” cars or salute the “domestic” flag, so they shouldn’t drink “domestic” beer. At least, that’s what Anheuser-Busch’s CEO thinks. Brendan Whitworth, the beermaker’s chief executive, says he wants to change the term that describes his US-made beers, which includes Budweiser, Michelob Ultra and

By Liam Reilly, CNN (CNN) — As President Trump and Elon Musk remake the federal government through firings, orders and brute force, small news publishers that specialize in the federal workforce are landing big scoops and seeing equally big traffic gains. The Federal News Network — which markets itself as a nonpartisan destination for federal

By Nathaniel Meyersohn, CNN New York (CNN) — Calvin Klein and Tommy Hilfiger are caught in the middle of a budding US-China trade war. China’s Ministry of Finance placed PVH, the parent company of the two American clothing brands, on its “unreliable entities list,” essentially a blacklist of companies. It was part of a broad

By Olesya Dmitracova, CNN London (CNN) — Nissan is still holding “various discussions” with Honda, the carmaker said Wednesday in response to media reports that it is set to scrap merger talks with its larger rival. The two Japanese companies announced in December that they would conduct negotiations over the following six months on a

By Ramishah Maruf, CNN New York (CNN) — Americans love Shein, Temu and AliExpress for two reasons: low prices and fast shipping. Trump’s tariffs could change that. His tariff orders reversed a long-standing shipping loophole: the de minimis exemption. The rule allowed international exporters to ship packages worth less than $800 inspection- and duty-free into

By Eric Cheung and Ramishah Maruf, CNN Hong Kong (CNN) — The US Postal Service on Wednesday morning announced it will continue accepting incoming international parcels from China and Hong Kong — after saying late Tuesday night that it would suspend them. Although no reason was given for the initial suspension of package deliveries from

By Ramishah Maruf, CNN New York (CNN) — Google’s updated, public AI ethics policy removes its promise that it won’t use the technology to pursue applications for weapons and surveillance. In a previous version of the principles seen by CNN on the internet archive Wayback Machine, the company included applications it won’t pursue. One such

By Bryan Mena, CNN Washington (CNN) — Tensions among the United States and its three biggest trading partners are injecting uncertainty into the US economy, putting American business owners in an uncomfortable wait-and-see posture. We’d like to hear from you. Mexico and Canada on Monday reached a deal with President Donald Trump to pause the

By Chris Isidore, CNN New York (CNN) — The US air traffic control system has been stretched nearly to its breaking point by a decades-long staffing shortage. It’s causing problems not just for the air traffic controllers that remain but the flying public at large. And it won’t get better any time soon. The Federal

CNN, POOL, EBS, HOSTEV, SEE PREFONTS By Elisabeth Buchwald, CNN (CNN) — Need a new computer, television or phone? You might want to consider getting one now. That’s because President Donald Trump enacted a new 10% across-the-board tariff on Chinese goods Tuesday morning. Economists warn that tariffs hurt American businesses and consumers, many of whom

By Elisabeth Buchwald, CNN (CNN) — Need a new computer, television or phone? You might want to consider getting one now. That’s because President Donald Trump enacted a new 10% across-the-board tariff on Chinese goods Tuesday morning. Economists warn that tariffs hurt American businesses and consumers, many of whom are still reeling from the sharp

By Jordan Valinsky, CNN New York (CNN) — The soaring price of eggs has forced Waffle House to add a temporary surcharge on customers’ orders. The Georgia-based chain is adding a 50-cent charge per egg because of the “nationwide rise in cost of eggs,” according to signs posted at its restaurants. An aggressive strain of