Paper straws are displayed at the Bar & Restaurant Expo and World Tea Expo in Las Vegas on March 29, 2023.David Becker/Getty Images New YorkCNN — Half a billion straws are used in the United States every day, according to a popular — but perhaps not the most scientific — estimate. The biggest buyer: the…
Operations are seen at the Houston Port of Authority.Brandon Bell/Getty Images CNN — To hear President Donald Trump tell it, Thursday’s new tariffs announcement was a significant and sweeping order that will bring the world to heel. But the plan, as it were, consisted of a vaguely worded memo that offered few concrete details and…
A car dealership in Alhambra, California, on June 27, 2024.Eric Thayer/Bloomberg/Getty Images CNN — Americans are having a harder time managing rising debt burdens and in some cases haven’t been this overextended since the aftermath of the Great Recession. The Federal Reserve Bank of New York on Thursday released its latest comprehensive look at credit…
A worker uses a forklift to carry refractory bricks at the Bowerston Shale Co. facility in Hanover, Ohio, on January 7, 2021.Ty Wright/Bloomberg/Getty Images/FILE CNN — US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers. The Producer Price Index, a measurement of average price…
Senator Elizabeth Warren speaks on February 10 after Acting Consumer Financial Protection Bureau Director Russell Vought told all of the agency’s staff to stay away from the office.Craig Hudson/Reuters New YorkCNN — About a year before the subprime mortgage meltdown brought the global financial system to its knees, a Harvard Law School professor made the…
President Donald Trump speaks during an executive order signing in the Oval Office at the White House on February 11, 2025, in Washington, DC.Andrew Harnik/Getty Images CNN — President Donald Trump is expected to announce a new round of sweeping reciprocal tariffs on Thursday, matching higher rates other nations charge to import American goods. “Very…
A supermarket shopper walks past a display of eggs for sale.Frederic J. Brown/AFP/Getty Images CNN — President Donald Trump made a campaign promise to lower prices on Day One. Well, it’s Day 24, and as anyone who has gone shopping for eggs lately knows: Prices aren’t any lower than they were on Inauguration Day. In…
Active brew day and keg cleaning at Amherst Brewing in Amherst, Massachusetts, in October 2022.Caleb Hiliadis/Amherst Brewing, HPBC, Inc. CNN — Craft breweries offer more than local beer. They provide a “third place” for community members and are oftentimes helmed by the very neighbor who handcrafted those brews. But even these most homegrown of American…
Federal Reserve Chair Jerome Powell speaks at a news conference in Washington, DC, on January 29.Jacquelyn Martin/AP WashingtonCNN — The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. “With our policy stance now significantly less restrictive than it had been and…
Chronic underbuilding has led to a shortage of new homes, driving up prices, but there have been signs that prices have leveled off in the rental market.Ben Brewer/Bloomberg/Getty Images CNN — Kayla Kataska began shopping for her first home last month — and she’s already had to adjust her expectations. Although Kataska and her husband…
