Money

By Jordan Valinsky, CNN New York (CNN) — Subway is adding nachos to its menu, but with an unusual twist. The chain is partnering with Doritos to sell footlong nachos for $5, marking Subway’s latest addition to its popular Sidekicks menu that aims to attract budget-conscious customers. In a press release, Subway said the new

By Alicia Wallace, CNN (CNN) — More than 275,000 layoffs were announced last month, reaching a level not seen since the pandemic, according to a new report published Thursday. The biggest culprit was one particular employer: The federal government. The federal government announced plans to axe 216,215 jobs, accounting for nearly 80% of the 275,240

By Matt Egan, CNN New York (CNN) — There is nowhere to hide in the auto industry from President Donald Trump’s auto tariffs, according to former Ford CEO Mark Fields. “The cost of vehicles will go up. It’s just math. The bottom line is there is absolutely no vehicle that won’t be impacted by tariffs,”

By Clare Duffy, CNN New York (CNN) — Two US senators are demanding that artificial intelligence companies shed light on their safety practices. This comes months after several families — including a Florida mom whose 14-year-old son died by suicide — sued startup Character.AI, claiming its chatbots harmed their children. “We write to express our

By John Liu, CNN Hong Kong (CNN) — Stock markets across Asia-Pacific and Europe fell Thursday and US markets were also set to open lower after US President Donald Trump imposed tariffs on trading partners around the world, with many Asian countries taking the biggest hits. Trump’s broad-based tariffs have raised levies on Chinese imports,

By Brad Lendon, CNN Seoul, South Korea (CNN) — The sweeping tariffs announced by US President Donald Trump on Wednesday target not only economic superpowers but also financial minnows. In fact, a White House list notes some territories with no economy, and no people, at all. That is the exact case of the Heard Island

By Lex Harvey, CNN (CNN) — The European Union is preparing countermeasures to US President Donald Trump’s announcement of 20% tariffs on imports from the bloc, which it called a “major blow to the world economy.” The EU is a major US trading partner. Last year, it was the largest single market for US goods

By Chris Isidore, CNN (CNN) — President Donald Trump’s auto tariffs, which went into effect at 12:01 am ET on Thursday, have the potential to upend a crucial American industry and raise the cost of tens of millions of cars sold every year across the country. Many products are likely to be subject to higher

By John Liu and Simone McCarthy, CNN Hong Kong (CNN) — China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States as part of his radical overhaul of a century of American global trade policy. Trump unveiled 54% tariffs on all Chinese imports into

By Bryan Mena, CNN Washington (CNN) — President Donald Trump on Wednesday unveiled expansive new tariffs in a major escalation of his trade war, referring to the historic move as a “declaration of economic independence.” Trump’s risky bet to address unfair trade practices could send prices higher for American consumers and weaken economic growth, according

By John Towfighi, CNN New York (CNN) — US stocks plunged in after-hours trading Wednesday as investors digested President Donald Trump’s decision to impose sweeping tariffs that could escalate a growing trade war and upend the global economy. Dow futures plummeted more than 1,100 points, or 2.7%. S&P 500 futures sank 3.9%. Futures tied to

CNN By Bryan Mena, CNN Washington (CNN) — President Donald Trump on Wednesday unveiled expansive new tariffs in a major escalation of his trade war, referring to the historic move as a “declaration of economic independence.” Trump’s risky bet to address unfair trade practices could send prices higher for American consumers and weaken economic growth,

CNN staff (CNN) — Sweeping new tariffs are set to be rolled out by the Trump administration on Wednesday, potentially raising the costs for almost everything Americans buy. With inflation and high interest rates already contributing to vulnerabilities among consumers, CNN is asking you to tell us how all of this is changing your spending

By Ramishah Maruf, CNN New York (CNN) — With a 25% tariff about to hit every imported car, many Americans are wondering whether it’s better to buy or lease a vehicle before tariffs go into effect, or wait to see how things will play out. The simple answer is to buy now, experts say, especially

By Lisa Eadicicco, CNN New York (CNN) — Nintendo on Wednesday announced the Switch 2, the sequel to its wildly successful hybrid game console from over eight years ago. Now, the video game company must prove that it can follow one blockbuster hit with another, a goal it’s struggled to achieve in the past. Nintendo

CNN By Elisabeth Buchwald, CNN (CNN) — President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession. On Wednesday, Trump declared a national economic emergency and announced tariffs of at least 10% across all countries,

KCNC, WCCO, CNN By Chris Isidore, CNN (CNN) — Tesla sales plunged 13% in the first three months of this year, as the company reported the largest drop in deliveries in its history by far, as backlash against CEO Elon Musk, and growing competition from other automakers’ electric vehicles, took a large bite out of

By Chris Isidore, CNN (CNN) — Tesla sales plunged 13% in the first three months of this year, the largest drop in deliveries in its history, as backlash against CEO Elon Musk and growing competition took a large bite out of demand for its EVs. Tesla reported Wednesday that it delivered 336,681 cars in the