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By Elisabeth Buchwald and Phil Mattingly, CNN (CNN) — No matter the outcome of a major legal case on President Donald Trump’s tariffs, his import taxes are likely here to stay — in one form or another. Even before a Wednesday ruling that Trump overstepped his authority by using a national emergency to impose most

By Clare Duffy, CNN New York (CNN) — The 10-second video begins with a close-up on the abs of a sweaty, shirtless man wearing low-slung, gray sweatpants. But three seconds in, it cuts to a panoramic video of Havasu Falls in Arizona, with its striking turquoise water cascading down from red rocks. Welcome to ParkTok.

By John Towfighi and Marc Stewart, CNN (CNN) — President Donald Trump’s swipes at Apple aren’t just bruising the company’s bottom line — they may also be taking a bite out of your 401(k). The president’s chaotic trade war continues to threaten Apple’s business model, which relies extensively on international supply chains. Apple’s stock has

By David Goldman and Elisabeth Buchwald, CNN (CNN) — President Donald Trump announced Friday that he would set tariffs on steel imported into the United States at 50%, double their current rate. At a US Steel facility in West Mifflin, Pennsylvania, Trump said he had a “major announcement.” To an applauding crowd of US Steel

By Brian Stelter, CNN (CNN) — PBS and one of its member stations in northern Minnesota sued President Trump and several cabinet officials on Friday over Trump’s executive order targeting the public broadcasting system. PBS alleges that the president’s May 1 order violated the First Amendment of the Constitution and the Administrative Procedure Act. The

By Auzinea Bacon, CNN (CNN) — JPMorgan Chase CEO Jamie Dimon sounded a warning Friday on the fractious US relationship with China — and on “the enemy within.” “China is a potential adversary — they’re doing a lot of things well, they have a lot of problems,” Dimon said at the Reagan National Economic Forum

By Chris Isidore, CNN (CNN) — The Department of Justice has decided to drop its criminal case against Boeing despite the company agreeing to plead guilty last year to its role in two fatal 737 Max crashes that killed 346 people. The decision to drop the case against Boeing is another sign the Trump administration

By Chris Isidore, CNN (CNN) — President Donald Trump traveled to Pittsburgh Friday to celebrate a deal he once vowed to oppose – Japanese steelmaker Nippon Steel’s long-announced plans to buy iconic American steelmaker US Steel. “We’re going to be so successful. You have just, you have just started, you watch, we’re here today to

By Bryan Mena, CNN Washington (CNN) — Americans didn’t feel any sense of optimism about the US economy this month, despite tensions easing somewhat in President Donald Trump’s ever-evolving trade war. Consumer sentiment held steady in May compared to the prior month at a final reading of 52.2, the University of Michigan said in its

By John Towfighi, CNN New York (CNN) — US stocks closed out a wild month with a whimper as tariff jitters returned to Wall Street. Stocks bounced around in a choppy trading session on Friday after President Donald Trump said China has “totally violated” its trade agreement with the United States — without specifying details

By Alicia Wallace, CNN (CNN) — American consumers reined in their spending and socked away their money in April following a tariff-fueled buying binge the month before, according to new data released Friday that also showed inflation cooled off again. Friday’s report from the Commerce Department showed that consumer spending rose 0.2% last month, a

By Issy Ronald, CNN (CNN) — Haribo is recalling bags of its fizzy cola bottles in the Netherlands after cannabis was found in some of them. Authorities began investigating when several people, including children, became unwell after eating candy from one-kilo (2.2-pound) bags of Haribo Happy Cola F!ZZ, the Netherlands Food and Consumer Product Safety

By Vanessa Yurkevich, CNN (CNN) — US ports have been seeing pandemic-level declines in imports, so good news on tariffs was just what port officials were hoping for. For awhile on Wednesday, it looked like retailers and ports got exactly that, with a court blocking many of President Donald Trump’s tariffs. But a federal appeals

CNN, POOL, TRUTH SOCIAL, @REALDONALDTRUMP, Truth Social/@realDonaldTrump By Vanessa Yurkevich, CNN (CNN) — US ports have been seeing pandemic-level declines in imports, so good news on tariffs was just what port officials were hoping for. For awhile on Wednesday, it looked like retailers and ports got exactly that, with a court blocking many of President

By Ramishah Maruf, CNN CNN (CNN) — Academics and economists have long warned that rapidly advancing artificial intelligence will wipe out jobs and upend the global economy. Now that call is coming from inside the house. On Thursday, Anthropic CEO Dario Amodei warned on CNN that the technology will spike unemployment sooner than political leaders

By Clare Duffy, CNN New York (CNN) — The chief executive of one of the world’s leading artificial intelligence labs is warning that the technology could cause a dramatic spike in unemployment in the very near future. He says policymakers and corporate leaders aren’t ready for it. “AI is starting to get better than humans

CNN By Ramishah Maruf, CNN CNN (CNN) — Academics and economists have long warned that rapidly advancing artificial intelligence will wipe out jobs and upend the global economy. Now that call is coming from inside the house. On Thursday, Anthropic CEO Dario Amodei warned on CNN that the technology will spike unemployment sooner than political

By Nathaniel Meyersohn, CNN New York (CNN) — Tariffs are slamming Gap. Gap said Thursday that if President Donald Trump’s 30% tariffs on China and 10% duties on most imports from other countries remain at current levels, it could cost the company $100 million to $150 million this year. Gap (GAP) stock plunged 15% during

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump’s sweeping tariffs — both those he has threatened and those he has already enacted — have led many economists and American consumers to predict that the US economy could enter a recession while also pushing up inflation. But a federal court’s ruling late Wednesday that found