Tariff latest: Trump signs order delaying deadline to Aug. 1
President Trump is turning up the pressure to make trade deals this week – but is building in several more weeks' time for negotiations.
Trump announces 25% tariffs on Japan and South Korea
The president warned both countries that if they retaliate with their own tariffs, the U.S. would further increase import taxes.
Oil prices could spike amid US strikes on Iran nuclear sites. What we know
Oil prices may change after the United States’ involvement in the Israel-Iran war. Some experts warn that possible retaliation by Iran could interrupt the influx of crude oil, which may harm global economies.
Feds make decision on interest rates: What to know
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee interest rate cuts by the end of this year.
JetBlue to cut flights as carrier says 'unlikely' to break even in 2025 due to weaker travel demand
JetBlue is also trying to boost efficiency among its leadership by combining or restructuring certain roles.
Trump tariffs likely to raise appliance prices, experts say
Prices for major appliances jumped in May, and new tariffs backed by President Donald Trump are expected to push them even higher as manufacturers face rising costs for foreign-made materials.
Google offering buyouts to employees across the company
The tech giant is offering the buyouts in several key divisions of the company as part of a cost savings effort.
CPI inflation report: Which prices changed the most last month
Here’s a closer look at May’s CPI inflation report, and which prices increased and decreased the most.
Inflation rose slightly in May, offset by cheaper gas and travel fares
The latest figures suggest tariffs haven’t impacted prices yet, but economists say that could change in coming months.
US layoffs spike nearly 50% as DOGE-driven cuts take center stage
Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.
Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty
Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.
Can Trump fix the national debt? GOP senators, investors and even Elon Musk have doubts
The president is touting his massive tax breaks bill to repair the U.S. debt, but some are expressing concerns if his legislation can actually trim the nation's deficit.
Child care cost the most in these states in 2024, analysis found
The steep cost of child care in America is weighing on parents all over the country, but those in these particular states were found to feel the pinch the most.
Trump delaying 50% tariff on European Union
The president said Sunday he’s agreed to delay a 50% tariff on the EU that he threatened last week, after saying negotiations with the commission were “going nowhere.”
Arizona real estate market cools as prices fall and inventory rises
The Arizona real estate market has cooled since the pandemic as Realtors note slower sales and high interest rates are keeping buyers at bay.
Trump calls for 50% tariff on EU imports starting June 1
President Trump called for a “straight 50%” tariff on all imports from the European Union after complaining on social media that trade talks are “going nowhere.”
Walmart to lay off 1,500 employees after announcing price hikes
Walmart is restructuring its operations and cutting about 1,500 jobs as part of its new plan.
Trump tells Walmart: ‘Eat the tariffs’
President Trump lashed back at Walmart over the weekend after the retail giant said it would be increasing prices to combat his tariffs.
Moody’s strips US of top credit rating: What the downgrade means for your wallet
Moody’s has downgraded the US credit rating for the first time, citing rising debt and political dysfunction. Here’s what the move means for your wallet, interest rates, and the broader economy.
Chinese imports to US plummet to lowest levels since COVID-19 pandemic amid Trump tariffs
Trade data shows record imports from other countries as duties on Chinese goods reach 145%.