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.

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.”

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.

Walmart raising prices due to tariff costs: What we know

Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.

Nissan increases job cuts to 20K by 2027

The Japanese automaker aims to save $3.4 billion by 2027 amid financial losses and concerns over President Donald Trump's tariffs.

Microsoft to lay off about 3% of its workforce

Microsoft announced a round of layoffs this week that will affect thousands of employees.

April CPI inflation report: Egg prices decline for first time in months

Eggs got cheaper in the U.S. last month after setting records at the start of the year, according to April's CPI inflation report. Here's how some other grocery items fared.

Arizona lawmakers discuss tariffs, economy, livelihoods
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Arizona lawmakers are sharing their views on President Trump's tariffs and their potential impact on the U.S. economy's health. FOX 10's Lauren Clark has more.

Social media food videos about 'recession recipes' are going viral

Some videos focused on "recession" or "budget" meals and recipes have cropped up on the popular social media platform TikTok in recent months.

The U.S. economy & 'Snake Man' | Newsmaker
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In this edition of Newsmaker, John Hook interviews ASU Professor Hitendra Chaturvedi on President Trump's economic impact, followed by a conversation with Tim Friede, known as "Snake Man."