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CNN Business News

Latest Business Updates from CNN - Read Today's All Business News

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The Trump administration just doubled the tariffs on steel and aluminum imports. Here’s what that means

4 hours ago - Wednesday, June 4, 2025 4:17 AM GMT

US tariffs on steel and aluminum doubled to 50% as of 12:01 am ET on Wednesday, a move cheered by the beleaguered US steel industry but decried by heavy users of the metals, from car makers to can manufacturers.

Warner Bros. Discovery shareholders reject CEO David Zaslav’s pay package

7 hours ago - Wednesday, June 4, 2025 1:19 AM GMT

Warner Bros. Discovery shareholders voted on Tuesday to reject the pay packages for several of the company’s executives, including CEO David Zaslav’s compensation package of more than $50 million.

Trump asked Congress to claw back funding for PBS and NPR. What now?

11 hours ago - Tuesday, June 3, 2025 9:56 PM GMT

America’s two big public broadcasters, PBS and NPR, have 45 days to salvage their federal funding — starting now.

Ray Dalio: ‘We should be afraid of the bond market’

13 hours ago - Tuesday, June 3, 2025 7:42 PM GMT

The US is at a low risk of an imminent economic crisis — but high risk in the long term, billionaire investor Ray Dalio writes in a new book.

The McDonald’s Snack Wrap is returning next month

15 hours ago - Tuesday, June 3, 2025 6:03 PM GMT

McDonald’s is bringing back a once-iconic, long-requested, fan favorite food item: the Snack Wrap.

Job openings unexpectedly increased in April, a sign of US labor market resilience

18 hours ago - Tuesday, June 3, 2025 2:10 PM GMT

The number of available jobs in the US unexpectedly increased in April, signaling a potential undercurrent of strength in the labor market despite broader economic uncertainty.

Tariffs are squeezing Americans. That could be good for Dollar General

20 hours ago - Tuesday, June 3, 2025 12:39 PM GMT

Most US retailers are struggling from President Donald Trump’s tariffs. Dollar General could actually benefit.

Trump’s tariff fallout? It’s worse than we previously thought, says OECD

21 hours ago - Tuesday, June 3, 2025 11:09 AM GMT

President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development.

Trump’s tariff threat exposes China’s tight grip on the global pharmaceuticals industry

a day ago - Tuesday, June 3, 2025 10:24 AM GMT

Trump’s tariff threat exposes China’s tight grip on the global pharmaceuticals industry

These Americans are done with Trump. So they’re leaving America

a day ago - Tuesday, June 3, 2025 9:38 AM GMT

The Celluras had only 48 hours to decide if they should uproot their lives in Asheville, North Carolina to move to Morocco with their two youngest children.

What are rare earth minerals, and why are they central to Trump’s trade war?

a day ago - Tuesday, June 3, 2025 8:08 AM GMT

The US trade war with China has a major sticking point: rare earths minerals.

Trump administration requests another pause in tariff ruling on two toy companies

a day ago - Monday, June 2, 2025 9:27 PM GMT

The Trump administration has asked for a pause in a second court ruling challenging its sweeping tariffs invoked under emergency powers.

Chips Ahoy and Oreo maker Mondelez sues grocery chain Aldi over similar packing

2 days ago - Monday, June 2, 2025 4:42 PM GMT

Snack brand giant Mondelez is suing grocery chain Aldi, alleging that the grocer’s store-brand snacks “blatantly” copied Mondelez packaging.

No hire, no fire: The worst job market for grads in years

2 days ago - Monday, June 2, 2025 2:24 PM GMT

The Class of 2025 faces a daunting assignment: getting hired in today’s no-hire, no-fire jobs market.

Global stocks slide as tariff tensions reignite

2 days ago - Monday, June 2, 2025 10:31 AM GMT

Global stocks mostly dipped on Monday as investors digested President Donald Trump’s doubling of tariffs on American’s steel imports and as trade tensions with China flare up once again.

Big brands are staying quiet this Pride Month

2 days ago - Monday, June 2, 2025 8:12 AM GMT

Consumer brands are wary of provoking right-wing customers and activists, and they fear reprisals from President Donald Trump’s administration.

Commerce secretary says ‘tariffs are not going away’ as Trump’s trade plans face legal battles

3 days ago - Sunday, June 1, 2025 5:41 PM GMT

Commerce Secretary Howard Lutnick said Sunday that “tariffs are not going away” after a US appeals court paused a block on many of the Trump administration’s sweeping tariffs.

Small businesses struggle under Trump’s tariff whiplash: ‘I’m so angry that my own government has done this to me’

3 days ago - Sunday, June 1, 2025 11:27 AM GMT

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.

How American consumers are feeling the squeeze, in 4 charts

3 days ago - Sunday, June 1, 2025 9:07 AM GMT

The lingering effects of high inflation coupled with high interest rates have made it harder in recent years for many Americans to get ahead.

Trump doubles steel tariffs to 50% in ‘major announcement’

3 days ago - Sunday, June 1, 2025 12:38 AM GMT

President Donald Trump announced Friday that he would set tariffs on steel imported into the United States at 50%, double their current rate.

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