Money

By Anna Cooban, CNN London (CNN) — The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in Britain to 4.25%. It is the fourth cut the central bank has made

By David Goldman, Phil Mattingly and Kaitlan Collins, CNN (CNN) — President Donald Trump made a significant trade announcement Thursday with the United Kingdom, yet another sign of some possible relief from historically high tariffs that have threatened serious damage to the US and global economies. The deal, hammered out at the 11th hour in

By Samantha Delouya, CNN (CNN) — The number of Washington, DC area homeowners who decided to list their homes for sale jumped last month amid steep cuts to the federal workforce. In the four weeks ending April 27, the number of active home listings in the nation’s capital surged 25.1% year-over-year, the largest gain on

By Jeanne Sahadi, CNN (CNN) — The Trump administration’s tariffs regime has disrupted markets, darkened the outlook for employers and businesses and hammered consumer sentiment. That’s why it’s more important than ever to take control of what you can financially. That can start with making sure your savings are earning the best returns possible and

By Chris Isidore, CNN (CNN) — Ford is hiking the sticker prices for the three US models it imports from Mexico by up to $2,000 each, just days after executives said they didn’t expect significant increases in industrywide car prices this year. The price increase was disclosed in a memo sent to Ford dealerships, first

By Liam Reilly, CNN (CNN) — President Donald Trump is belatedly raging against CBS News’ latest Emmy nomination. The president took to his Truth Social platform on Wednesday morning to vent about the National Academy of Television Arts and Sciences’ decision to nominate the “60 Minutes” interview at the center of his defamation lawsuit against

By Liam Reilly, CNN (CNN) — Netflix is getting its first facelift in 12 years. The streaming giant on Wednesday announced a major overhaul of its home page, the first redesign since it unveiled its current home page in November 2013. Additionally, the streamer announced it will begin testing generative AI-boosted search and a TikTok-like

By David Goldman, CNN (CNN) — US President Donald Trump’s top trade officials will meet with their Chinese counterparts this week to discuss a de-escalation of their increasingly ugly and damaging trade war. The future of the global economy is riding on their success. The trade talks, the first in-person meeting between Chinese and American

By Jordan Valinsky, CNN New York (CNN) — WeightWatchers, the 62-year-old program that revolutionized dieting for millions of people around the world, has filed for bankruptcy. The company announced Tuesday it has entered Chapter 11, which “will bolster its financial position, increase investment flexibility in its strategic growth initiatives, and better serve its millions of

By Olesya Dmitracova, CNN London (CNN) — India and Britain struck a “landmark” trade deal Tuesday, the UK government said, marking progress on lowering and removing tariffs just as President Donald Trump is busy raising US import taxes to historic levels. For weeks, Trump has said that at least one trade deal is imminent with

By Elisabeth Buchwald and David Goldman, CNN (CNN) — President Donald Trump, in his first Oval Office meeting with new Canadian Prime Minister Mark Carney, said there was nothing Carney could say to him Tuesday that would convince the president to reduce tariffs on Canadian goods. “No,” Trump said. “Just the way it is.” Trump

By Chris Isidore, CNN (CNN) — Tesla’s sales continue to dive across Europe even as car buyers there increasingly buy electric vehicles. Tesla sales were down sharply in April in the United Kingdom, the Netherlands, Denmark and Portugal, as well Sweden and France, according to monthly sales figures. Just like in the United States, Tesla

By Nick Watt, Vanessa Yurkevich, Alicia Wallace and David Goldman, CNN (CNN) — American consumers are on the cusp of tough choices because of President Donald Trump’s trade war. Ships now pulling into US harbors from China are the first to be subject to the massive tariffs that America is imposing on most Chinese imports.

By Alexandra Skores, CNN Hagerstown, Maryland (CNN) — While passenger anxieties may be experiencing an uptick, one new design aboard a small aircraft is attempting to change the future of flying when it comes to safety. And it comes with just the push of one button. Aircraft manufacturer Cirrus is launching the first Federal Aviation

By Elisabeth Buchwald, CNN New York (CNN) — A few months ago, the words “bonded warehouse” and “harmonized system codes” might not have been on the minds of many American business owners. Now they’re in a massive spotlight. After President Donald Trump slapped a whopping 145% minimum tariff on most goods coming from China, 25%

CNN By Alexandra Skores, CNN Hagerstown, Maryland (CNN) — While passenger anxieties may be experiencing an uptick, one new design aboard a small aircraft is attempting to change the future of flying when it comes to safety. And it comes with just the push of one button. Aircraft manufacturer Cirrus is launching the first Federal

By Matt Egan, CNN New York (CNN) — One of America’s closest allies recently raised eyebrows for threatening to fire off the ultimate financial weapon against Washington in trade talks: dumping US debt. Japanese Finance Minister Katsunobu Kato, whose country is the biggest holder of US Treasuries, said on Friday that selling the assets is

By Bryan Mena, CNN Washington (CNN) — Canadian Prime Minister Mark Carney will visit US President Donald Trump at the White House on Tuesday in what could be one of the most contentious meetings between the neighboring countries’ leaders in years. Canada is America’s second-biggest trading partner and one of its closest allies on many

By Juliana Liu, CNN Hong Kong (CNN) — US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent investors rushing to buy gold. They have now also roiled a normally staid corner of financial markets, with major potential implications for the future of the US dollar and