Money

By John Towfighi, CNN (CNN) — Massachusetts regulators are investigating Robinhood over launching a prediction markets hub, a way of letting users bet on March Madness college basketball games on its platform. Secretary of the Commonwealth of Massachusetts Bill Galvin sent a subpoena to Robinhood on March 20 over the company’s decision to launch its

By Matt Egan, CNN New York (CNN) — Larry Summers is fed up with the tariff defense made by his successor, Treasury Secretary Scott Bessent. Summers, who served as treasury secretary under President Bill Clinton, blasted Bessent’s claim that Chinese producers will bear the brunt of new US tariffs on imports from China. “This position

By Elisabeth Buchwald, CNN (CNN) — President Donald Trump said Monday that he will impose tariffs of 25% on any nation that buys oil from Venezuela. “Venezuela has been very hostile to the United States and the Freedoms which we espouse. Therefore, any Country that purchases Oil and/or Gas from Venezuela will be forced to

By Jordan Valinsky, Alejandra Jaramillo and Ramishah Maruf, CNN New York (CNN) — South Korea-based Hyundai and President Donald Trump announced a $20 billion investment in US on-shoring on Monday, which includes a $5 billion steel plant in Louisiana, at the White House Monday. The $5.8 billion Louisiana facility will be the car manufacturers’ first

By David Goldman, CNN New York (CNN) — For more than a month, President Donald Trump and his administration have been promoting April 2 as a kind of tariffs Super Bowl, during which all of his many promised import taxes will go into effect. But as he has demonstrated many times before, Trump once again

By Ramishah Maruf, CNN New York (CNN) — Incidents of vandalism against Teslas have risen along with anger against CEO Elon Musk, whose Department of Government Efficiency has led efforts to drastically slash the federal government’s workforce. But experts say that while an extended run of vandalism could end up raising insurance premiums, it’s too

By Nathaniel Meyersohn, CNN New York (CNN) — Walmart thought it could use its immense power as America’s biggest retailer to make Chinese suppliers eat the cost of President Donald Trump’s tariffs. But Walmart got a response it’s not accustomed to hearing: No. Trump has slapped 20% tariffs — or taxes on imported goods —

By Matt Egan, CNN (CNN) — During his first term in the White House, President Donald Trump was laser-focused on the booming stock market. Even the most pedestrian market milestones were celebrated. And if investors didn’t seem to like Trump’s policies, he’d back down. The script has been flipped during Trump 2.0. Post-election gains have

By Juliana Liu, CNN (CNN) — Gene testing firm 23andMe said on Sunday it had filed for Chapter 11 bankruptcy protection in order to facilitate its sale, after years of struggling to find a sustainable business model. In a statement announcing the bankruptcy, the firm said its CEO, Anne Wojcicki, had resigned effective immediately. She

By Auzinea Bacon, CNN (CNN) — Disney’s “Snow White,” a big-budget live-action retelling of the classic fairytale, opened to a sleepy $43 million at the domestic box office this weekend amid a slew of controversies. Early industry estimates predicted “Snow White,” which cost around $270 million to make, would take in $48-$58 million in its

By Jeanne Sahadi, CNN (CNN) — It’s not even April, yet 2025 already has been a lot. Like, a lot. Events in the United States have given people reason to worry about many things, including their financial security in the face of big changes over which they have zero control. The first half of January

By Auzinea Bacon, CNN (CNN) — Elon Musk’s role in slashing federal government staffing and budgets as the head of the so-called Department of Government Efficiency continues to draw backlash, as nearly 90 Tesla showrooms across the United States face demonstrations Saturday in the fifth week of the “Tesla Takedown” movement. The demonstrations, according to

CNN, WANF, TESLA, WQOW, POOL, JOHN HARRINGTON, KVUU, LMPD, SDOT, TIGARD POLICE DEPT By Auzinea Bacon, CNN (CNN) — Elon Musk’s role in slashing federal government staffing and budgets as the head of the so-called Department of Government Efficiency continues to draw backlash, as nearly 90 Tesla showrooms across the United States face demonstrations Saturday

By Samantha Delouya, CNN Los Angeles (CNN) — Last week, President Trump threatened to impose a jumbo 200% tariff on all wine, Champagne and other alcoholic products from the European Union, writing on social media: “This will be great for the Wine and Champagne businesses in the U.S.” But many winemakers and grape growers in

By Liam Reilly, CNN New York (CNN) — A budding media start-up producing a culinary docuseries has been stuck in limbo for months. After being approved for USAID funding, the show’s co-founders discovered that the agency’s money never cleared — and now the Trump administration is caught in a legal battle to dismantle USAID. Styling

By Lex Harvey, CNN (CNN) — Muhammad Syafi’i remembers screaming in pain as hot cooking oil splashed across his stomach and dripped down his legs, his wet clothing sticking to his torched skin as it began to bubble and swell. Like many poor Indonesian men, he had signed up to work abroad in the fishing

By John Towfighi, CNN New York (CNN) — The US stock market has been the gold standard for decades. But investors around the globe are growing increasingly nervous about the fallout from President Donald Trump’s economic agenda. That has sent traders in search of stocks in Europe and Asia. Wall Street has seen the largest

By Natasha Chen, CNN (CNN) — Thousands of liters of Italian sparkling wine, ordered before President Donald Trump’s tariff threats, are on a boat headed to the United States. Before the wine is unloaded and handed to its recipients, they may need to pay a tariff bill big enough to put a kid through college.

By Jordan Valinsky, CNN New York (CNN) — Buy Now, Pay Later services are typically used on large purchases, like furniture. But now one service is branching out into fast food. DoorDash is partnering with Klarna, a financial company that lets customers schedule small payments over a set period of time, in a new partnership

By Alicia Wallace, CNN (CNN) — The odds of a recession in the US may be creeping higher — but those rising risks do not mean a deep economic downturn is a foregone conclusion. Still, that hasn’t stopped markets from being roiled and consumer and business confidence from being shaken, especially after President Donald Trump