CNN – Business/Consumer

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

By Chris Isidore, CNN New York (CNN) — The Commerce Department has changed its rules in a way that could open the door for Starlink, Elon Musk’s satellite internet service, to become part of a federal $42 billion grant program to bring high-speed service to rural and poor areas of the United States. The rules

By John Towfighi, CNN New York (CNN) — The rocky week on Wall Street continued on Thursday as investors grappled with further uncertainty from President Donald Trump’s tariffs. US stocks opened sharply lower but fluctuated on the mixed messaging coming from the White House. All three major indexes closed lower, despite Trump announcing a nearly

CTV NETWORK, WZTV, BROWN-FORMAN, CNN By Jordan Valinsky, CNN New York (CNN) — After Canada pulled American-made spirits off its shelves following President Donald Trump’s implementation of tariffs on Canadian imports, the CEO of Brown-Forman, which makes Jack Daniel’s whiskey and other liquors, blasted the move as “disproportionate.” “That’s worse than a tariff because it’s

By Jordan Valinsky, CNN New York (CNN) — After Canada pulled American-made spirits off its shelves following President Donald Trump’s implementation of tariffs on Canadian imports, the CEO of Brown-Forman, which makes Jack Daniel’s whiskey and other liquors, blasted the move as “disproportionate.” “That’s worse than a tariff because it’s literally taking your sales away,”

By Alicia Wallace, CNN (CNN) — The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoff plans last month, new data showed Thursday. US-based employers last month announced plans to slash 172,017 jobs, a 103% increase from January and the highest February total since 2009, according

By Alicia Wallace, CNN (CNN) — President Donald Trump’s tariffs have been met with alarm and concern about how steep import taxes against the United States’ three biggest trading partners not only could harm the economy in the immediate term but also could set off a devastating trade war. To be fair, the broad-based tariff

By Jeanne Sahadi, CNN (CNN) — Last year was a pretty good year if you were among the tens of millions of employees who put their savings to work in a 401(k) plan. Sure, strong returns on the S&P 500 helped. It rose nearly 25% for the year. Same goes for the Nasdaq, which was