Auto prices set to rise due to newly unveiled tariffs
Most economists say Americans are in for sticker shock if President Donald Trump follows through on newly announced auto tariffs.
U.S. economy
Businesses pull back on hiring plans amid trade war
Corporate America is worried about President Donald Trump’s tariff threats, and now some businesses are pulling back.
Consumer confidence continues to fall
Americans do not have much faith in the economy right now.
U.S. risks default in July if debt ceiling isn’t raised
By mid-July, the United States may not be able to pay its bills on time unless Congress acts on the debt ceiling.
Donald Trump to increase mineral production with executive order
President Donald Trump has invoked wartime powers to increase U.S. production of critical minerals.
Car thefts fell 17% in 2024
Car thefts in the U.S. fell 17% last year, marking the largest decline in 40 years.
Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated.
Americans cutting back on snacks
Many Americans are cutting back on snacks, but not for health-related reasons.
There’s still time to save the economy, according to experts
Experts say it is not too late for the U.S. to avoid inflation and a potential economic slowdown.
Trump tariffs slowing economic growth
A global group of economists predicts President Trump’s tariff policies will slow economic growth in the U.S. and around the world and send prices higher again.
