Federal workforce cuts: Most Americans favor efficiency but fear economic fallout
A new survey reveals that while 56% of Americans support federal workforce cuts for efficiency, 71% are concerned about their economic impact. Political divisions remain stark, with Democrats expressing greater worry than Republicans.
Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax
Because of Trump’s threat, a previously untariffed $15 bottle of Italian Prosecco could possibly increase in price to $45.
Trump's 25% tariffs on all steel and aluminum imports take effect
President Donald Trump has officially increased tariffs on all steel and aluminum imports to 25%. Canada announced retaliatory tariffs in response. Here's what to know.
CPI February update: Egg prices up another 10% though inflation cools
February's CPI report showed egg prices were once again the most volatile, increasing by an average of 10.4% last month. Here's what else it showed.
Trump backs down on doubling tariffs after Ontario halts electricity surcharge
President Trump threatened to double tariffs on steel and aluminum imports from Canada, prompting Ontario to suspend its planned electricity surcharges to the U.S.
No more 'Bags Fly Free': Southwest Airlines ends free checked bags after 54 years
A 54-year era is coming to an end to the Dallas-based airline... Southwest will no longer allow passengers to check bags for free.
Late car payments rise to highest level in over 30 years
High car prices and elevated interest rates have strained auto loan borrowers.
Tariffs update: Ontario raises electricity tax for US, China targets American farm products
China has imposed new tariffs on US farm products, while Ontario is hiking electricity prices for Americans in retaliation for President Trump’s escalating trade war. Here’s what it means for consumers.
Tesla stock hit hard as market drops
Tesla’s stock dropped 15% on Monday, deepening 2025 losses. The broader market also faces uncertainty from tariffs.
What is a recession? Here's the criteria and where the U.S. stands
Thanks to reporting lags and number revisions, recessions typically aren’t declared until well after they have begun.
Trump won't rule out recession this year
In an interview with Fox News Channel Sunday, President Trump brushed aside concerns from businesses seeking stability as they make investment decisions.
Jobs report shows solid gains but unemployment up slightly
The American job market has remained remarkably resilient, despite rising uncertainty amid a looming trade war, a purge of the federal workforce and mass deportations.
How Trump's tariffs will impact lumber prices and the housing market
Canada is the source of about 70% of US lumber imports. Canadian lumber is now facing a nearly 40% tariff.
Trump postpones tariffs on most goods from Mexico for one month
The tariff delay would apply to goods that are compliant with the trade agreement President Donald Trump negotiated with Canada and Mexico during his first term in the White House.
Trump pulls back on auto tariffs; here's where we currently stand
The president announced that he’s granting a one-month exemption on his new tariffs on imports from Mexico and Canada for auto manufacturers in the U.S.
What companies are saying about tariff price hikes: Full list
CEOs are sounding the alarm on President Trump’s tariffs and what they mean for American consumers.
US tariffs on Mexico, Canada take effect on Tuesday: What to know
New U.S. tariffs on imports from Mexico, Canada, and China take effect Tuesday, marking the most aggressive use of trade sanctions in decades.
Explain tariffs to me: What are they? How do they work?
A tariff is a tax imposed on imported goods and services. Here's what to know about them, why they're used, and what economists say.
Trump doubles tariffs on China, citing fentanyl
President Trump has doubled tariffs on China to 20% and confirmed 25% duties on imports from Mexico and Canada, citing fentanyl trafficking and trade imbalances.
Trump announces agricultural tariffs: What that could mean
The president claims his administration will introduce the tariffs on farm products starting in April.