Biz/Tech

By Ramishah Maruf, CNN New York (CNN) — The US trade war with China has a major sticking point: rare earths minerals. Last month, President Donald Trump said the United States needed Greenland “very badly,” renewing his threat to annex the Danish territory. Greenland is a resource-rich island with a plentiful supply of critical minerals,

By Ramishah Maruf, CNN New York (CNN) — The Trump administration has asked for a pause in a second court ruling challenging its sweeping tariffs invoked under emergency powers. The administration asked a US appeals court to stay a preliminary injunction from last week in a case that affected two US toymakers. The filing Monday

By Auzinea Bacon, CNN (CNN) — Snack brand giant Mondelez is suing grocery chain Aldi, alleging that the grocer’s store-brand snack packaging “blatantly copies” Mondelez. The maker of Oreo, Triscuit and Chips Ahoy filed the lawsuit on May 27 against the German grocer, which has US headquarters in Illinois, in the federal court for the

By Chris Isidore, CNN (CNN) — President Donald Trump is using his love of tariffs to threaten high-profile American companies. Over the past month, Trump has said he’d like to target two specific and very different companies — Apple and Mattel — with tariffs aimed at their key products over comments by their CEOs. Company-specific

By Anna Cooban and John Towfighi, CNN London/New York (CNN) — US stocks gained Monday as investors digested President Donald Trump’s doubling of tariffs on America’s steel and aluminum imports while trade tensions with China flare up once again. The Dow closed higher by 35 points. The S&P 500 gained 0.41% and the tech-heavy Nasdaq

By Nathaniel Meyersohn, CNN New York (CNN) — For the last several years, Pride Month was a splashy marketing event for big brands. Stores adorned windows with rainbow flags, displayed LGBTQ-themed t-shirts and coffee mugs at their entrances, changed their logos on social media accounts, and spotlighted donations to LGBTQ rights groups. But this Pride

By Simone McCarthy, CNN Hong Kong (CNN) — China has accused the United States of “provoking new economic and trade frictions” as it responded to US President Donald Trump’s claims that Beijing had violated a trade truce agreed by the two nations last month, which paused their blistering tariff war. China was “strictly implementing” the

CNN By Lisa Eadicicco, CNN New York (CNN) — For some small businesses, the last week brought even more twists and turns to the past two months of President Donald Trump’s chaotic tariffs. The situation was already confusing, with stops and starts of tariffs at different levels. Then on Wednesday, a US court said Trump

By Auzinea Bacon, CNN (CNN) — Commerce Secretary Howard Lutnick said Sunday that “tariffs are not going away” after a federal appeals court last week paused a block on many of the Trump administration’s sweeping tariffs. President Donald Trump “has so many other authorities that even in the weird and unusual circumstance where this was

By Lisa Eadicicco, CNN New York (CNN) — For some small businesses, the last week brought even more twists and turns to the past two months of President Donald Trump’s chaotic tariffs. The situation was already confusing, with stops and starts of tariffs at different levels. Then on Wednesday, a US court said Trump overstepped

By Alicia Wallace and Soph Warnes, CNN (CNN) — The lingering effects of high inflation coupled with high interest rates have made it harder in recent years for many Americans to get ahead financially. The hits just keep coming. A raft of policy moves from the Trump administration, including particularly steep tariffs that could cause

By Elisabeth Buchwald, Rachel Wilson, Amy O’Kruk and Eleanor Stubbs, CNN (CNN) — President Donald Trump has repeatedly said the word “tariffs” is one of his favorite and one of the most beautiful. He’s made that abundantly clear over the past few months by enacting sweeping tariffs on all America’s trading partners, levying higher import

By Brian Stelter, CNN (CNN) — Gabrielle Cuccia criticized Defense Secretary Pete Hegseth’s crackdown on press access at the Pentagon. And then, she said, she was fired. Cuccia was briefly the chief Pentagon correspondent for the small and staunchly pro-Trump TV channel One America News, OAN for short. A self-proclaimed “MAGA girl,” Cuccia positioned herself

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