CNN Business/Consumer

By James Frater and Olesya Dmitracova, CNN London (CNN) — The European Union has announced it will impose retaliatory tariffs on American toilet paper, soybeans, eye makeup and hundreds of other products if trade negotiations with the United States aren’t successful. The bloc of 27 countries published Monday a long list of US products, most

By Chris Isidore, CNN (CNN) — Shares of Boeing fell Tuesday following a report that China has halted the delivery of all its jets to airlines in the country as part of the escalating trade war. Boeing (BA), a component of the Dow Jones Industrial Average, fell 2% in early trading after dropping more sharply

By Jordan Valinsky, CNN New York (CNN) — Starbucks is updating its uniform policy, emphasizing the appearance of its recognizable “green aprons” as part of CEO Brian Niccol’s broader plans to revive the slumping brand. Beginning May 12, baristas at stores in North America will have to wear solid black tops under their aprons, a

By Jordan Valinsky, CNN New York (CNN) — American Airlines will soon offer free Wi-Fi on most of its flights, becoming the latest major carrier to add the perk. Beginning in January 2026, members of the airline’s free loyalty program will have access to the perk. Wi-Fi will be available on 90% of its fleet

CNN By Auzinea Bacon and Clare Duffy, CNN Washington, DC (CNN) — Meta CEO Mark Zuckerberg took the witness stand Monday to defend his company against accusations by the Federal Trade Commission that it bought competing social media companies to dominate the market with a monopoly. It was the first of what is expected to

By Matthew Kaufman, CNN (CNN) — A group of US businesses filed a lawsuit Monday arguing that President Donald Trump’s tariffs are illegal under the International Emergency Economic Powers Act (IEEPA). The suit was filed in the US Court of International Trade by the Liberty Justice Center, a legal advocacy group arguing on behalf of

By Auzinea Bacon and Clare Duffy, CNN Washington, DC (CNN) — Meta CEO Mark Zuckerberg took the witness stand Monday to defend his company against accusations by the Federal Trade Commission that it bought competing social media companies to dominate the market with a monopoly. It was the first of what is expected to be

By John Towfighi, CNN New York (CNN) — US stocks rose Monday as traders rallied on the Trump administration’s exemption for tariffs on smartphones, computers and various electronics imported from China. The Dow rose 312 points, or 0.78%. The broader S&P 500 rose 0.79%. The tech-heavy Nasdaq Composite gained 0.64%. All three major indexes closed

By Brian Stelter, CNN (CNN) — Meta is going on trial starting Monday. The US government is advancing a blockbuster antitrust case, alleging that Mark Zuckerberg’s company illegally built a “social networking monopoly” through years of “anticompetitive conduct.” If the judge sides with the government, Meta could be forced to break itself up by selling

By Auzinea Bacon, CNN (CNN) — Commerce Secretary Howard Lutnick said the Trump administration’s decision on Friday to exempt electronic devices — like smartphones, iPhones and laptops — from tariffs was only a temporary reprieve but those products will face separate levies, adding more confusion to an already chaotic rollout of tariffs on Chinese goods.

By Auzinea Bacon, CNN (CNN) — Electronics imported to the United States will be exempt from President Donald Trump’s reciprocal tariffs, according to a US Customs and Border Protection notice posted late Friday. Smartphones, computer monitors and various electronic parts are among the exempted products. The exemption applies to products entering the United States or

CNN By David Goldman and John Towfighi, CNN (CNN) — President Donald Trump and his advisers said this was the plan all along: Scare the bejesus out of the world by announcing astronomically high tariffs, get countries to come to the negotiating table, and — with the exception of China — back away from the

By Bryan Mena, CNN Washington (CNN) — Americans are rarely this pessimistic about the economy. Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going back to 1952. April’s reading was lower than anything seen during

By Alicia Wallace, CNN (CNN) — Inflationary pressures eased at the wholesale level last month, another indication of a strong economy before the bulk of President Donald Trump’s aggressive trade policies kicked in. The Producer Price Index, a closely watched measurement of wholesale inflation, showed that the prices paid to producers fell 0.4% in March

By David Goldman, CNN (CNN) — President Donald Trump and his advisers said this was the plan all along: Scare the bejesus out of the world by announcing astronomically high tariffs, get countries to come to the negotiating table, and — with the exception of China — back away from the most punishing trade barriers