Trump says he won’t fire Fed chair, days after hinting otherwise and triggering market dip
President Trump said Tuesday he does not plan to fire Federal Reserve Chair Jerome Powell, easing market fears after earlier threats to remove him triggered a selloff.
Ex-Home Depot CEO warns Trump’s supply chain gamble may take decades
Former Home Depot CEO Bob Nardelli said Trump has taken on the 'most difficult and challenging initiative in the history of our globe.'
Americans' economic, financial expectations sink in April
A new Gallup poll shows a sharp decline in Americans' confidence in the economy and their personal finances. d
Taking a summer vacation this year? You'll be in the minority, poll suggests
Americans admit in a recent survey that they are having to figure out alternatives to taking a summer getaway due to their finances.
Americans considering filing for bankruptcy hits highest level since pandemic
Growing concerns about tariffs and debt were some of the reasons people looked into bankruptcy filings, a recent report shows.
Can Trump fire the fed chair? President lashes out at Powell for economic outlook
President Trump has hinted that he wants to fire Federal Reserve Chair Jerome Powell for his economic outlook and refusal to lower interest rates. Can he do that?
United Airlines calls economy ‘impossible to predict’ as Trump tariffs cloud business outlook
United Airlines said the economy is “impossible to predict” as Trump’s trade war adds confusion to business forecasts. Companies like Nvidia, AMD, and ASML also report disruptions.
America's 250th birthday plans at risk amid DOGE cost-cutting
Plans for America’s 250th anniversary celebration are at risk due to federal funding cuts under President Donald Trump’s administration.
China’s economy grew 5.4% before US tariffs hit; slowdown likely, analysts warn
China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.
Billionaire hedge fund manager warns tariffs could trigger conditions 'worse than a recession'
Billionaire hedge fund manager Ray Dalio said that the U.S. economy could experience something "worse than a recession" if current economic and financial challenges aren't handled well.
Trump suggests he may pause 25% auto tariffs amid market concerns
President Trump says he may temporarily pause his 25% auto tariffs to give carmakers time to adjust supply chains, adding more uncertainty to global markets already shaken by his shifting trade policies.
List: The cities most affected by inflation in 2025
A recent study shows that some cities across the country are impacted more by inflation than others. Here's where your area ranks on the list.
Chinese-based Amazon sellers weigh price hikes or exiting US market: report
Chinese sellers on Amazon's marketplace are weighing whether to hike prices in the U.S. or leave the market entirely due to President Donald Trump's tariffs on China.
China retaliates: Tariffs on American goods hiked from 84% to 125%
China called the United States’ tactics “bullying and coercive” and said the tariffs imposed by President Donald Trump violated “basic economic laws.”
List: These are the groceries that have increased in price the most
Grocery prices keep rising – and these items are seeing the biggest price hikes, according to a new analysis.
Inflation fell in March despite Trump tariffs: Here's why
Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.
House moves Trump's budget bill forward: Here's what's next
The Republican-led U.S. House of Representatives narrowly approved a budget framework that advances up to $1.5 trillion in tax breaks and cuts.
Trump tariff summary: Where things stand after pause
Here's a look at some of the main tariffs that have been imposed on major U.S. trading partners since January and how those have changed since their announcement.
Trump limits tariffs on most nations for 90 days; raises Chinese import tax rate to 125%
Trump’s sweeping new tariffs took effect on Wednesday morning, but by the afternoon, nearly all of them were lowered and paused -- except for China, which he hit with a 125% import tax.
Stocks soar as Trump announces 90-day tariff pause—China excluded; Dow jumps 2,000 points
Stocks rallied after President Trump announced a 90-day pause on tariffs, excluding China, pushing the Dow up 2,000 points.