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.
Is Amazon showing tariff costs? How Shein and Temu are handling Trump’s changes
President Trump’s tariff and customs changes have begun affecting how many Americans shop online. Here’s what Amazon, Shein and Temu are saying amid rising operating costs.
How is the economy after Trump's first 100 days?
As President Donald Trump marks his first 100 days in office, he highlighted economic growth and falling inflation, even as reports show a slowdown.
Amazon tariff price report addressed by White House: ‘Hostile and political’
The White House came after Amazon Tuesday morning over a report that the shopping giant will begin showing tariff costs in its prices.
Economic uncertainty impacting salons, beauty products and services
Some local businesses -- like hair salons -- are already seeing some economic shifts in their clients' spending and gearing up for the uncertainty that lies ahead.
California is now 4th largest economy in the world, new data shows
New data shows California has overtaken Japan as the 4th largest economy in the world, Gov. Gavin Newsom announced Wednesday.
Trump reportedly ponders $5K baby bonus as US fertility rate remains near record low
The Trump administration is reportedly looking at ways to incentivize having a baby to increase the U.S. birth rate, which remains near a record low according to newly-released CDC data.
Who owns America’s debt? What to know amid an uncertain economic outlook
Foreign countries hold trillions in U.S. government debt through Treasuries. But recent market volatility and tariffs have raised concerns about a global sell-off — and what that could mean for Americans.
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.
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.
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.
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.
Trump tariffs could impact Wisconsin soybean farms; China biggest importer
There is uncertainty among Wisconsin farmers as China raises tariffs on U.S. imports to 125%. And what's the top U.S. farm export to China? It's soybeans.
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.
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.
Delta pulls 2025 forecast, says growth has stalled in Trump's trade war
Uncertainty from President Trump’s global trade war has prompted Delta Airlines to pull its 2025 forecast.
White House confirms 104% tariff rate for China to start at midnight
Trump has threatened a 104% tariff rate on China starting Wednesday. Here’s what we know.
Gas prices could fall as crude oil plummets, expert says
Consumers typically see a jump in gas prices as refineries switch to a summer-grade blend. However, this year could be different as crude oil prices are falling.