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.
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.
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.
Nearly 25% of Americans are 'functionally unemployed,' study finds
A new study found that nearly a quarter of Americans are “functionally unemployed." Here’s what that means.
Retailers shift supply chains to reduce risks from Trump’s tariffs on China
Macy’s and Target cut China sourcing amid rising tariffs and trade war uncertainty under Trump administration
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.”
Home prices forecast to dip before the end of the year
Redfin forecasts a 1% drop in US home prices by year’s end and reports a near-record rate of canceled home purchases, highlighting a cooling market amid high mortgage rates and rising inventory.
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.
Target's sales drop in Q1, and they may continue dropping all year
Target's sales fell more than the Minneapolis-based retailer expected they would in the first quarter, and the company is warning they will slip for the rest of the year as shoppers limit spending.
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.
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.
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.
US-China trade deal: Countries agree to slash tariffs, enact 90-day pause
U.S. and Chinese officials say they have reached a deal to slash most of their recent tariffs and called for a 90-day pause for ongoing negotiations. Here's what to know.
Fed rate and tariffs: Why interest is unchanged again, and what it means for you
Despite the Trump administration’s push for a rate cut, The Fed announced Wednesday it’s holding steady – and the president’s tariffs were a big deciding factor.
Here's how many Americans now say inflation is their top financial worry
Cost of living and affording basic needs combined with inflation were among the major concerns for Americans and their families based on findings from a recent poll.
U.S. economy shrank in first quarter; first drop in three years
Economic growth in the first quarter was impacted in part by a rise in imports as U.S. companies attempted to bring in foreign goods amid the enforcement of tariffs.