Economy

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Monthly tariff revenue falls for the first time since Trump's April rollout

A simmering cost-of-living crisis pushed Trump to announce roll backs in November of a number of food-related tariffs.
Image: Economic Report Shows Trump Tariffs Took Toll On Imports Coming Into U.S. Economy
Image: Economic Report Shows Trump Tariffs Took Toll On Imports Coming Into U.S. Economy
4d ago

A divided Fed cuts interest rates again, as concerns mount about the U.S. job market

The cut could make it cheaper for Americans who hold a mortgage, have credit card debt or need to take out or refinance a personal loan.
Federal Reserve Board Chairman Jerome Powell
Federal Reserve Board Chairman Jerome Powell
4d ago

More people are using GoFundMe for help with basic necessities, annual report finds

The fundraising site’s “Year in Help” report found that campaigns launched to help people with rent, utilities and groceries climbed 20% this year.
Volunteers pack bags of groceries to distribute to the local community for their daily food pantry in Philadelphia, P.A.
Volunteers pack bags of groceries to distribute to the local community for their daily food pantry in Philadelphia, P.A.

Trump tests his 'affordability' message in a midterm battleground district

The president said "making America affordable again" is a top priority, while voters tell pollsters their bank accounts are still squeezed.
President Donald Trump points his finger as he arrives to deliver remarks at the Mount Airy Casino Resort in Mount Pocono, Pa., on Dec. 9, 2025.
President Donald Trump points his finger as he arrives to deliver remarks at the Mount Airy Casino Resort in Mount Pocono, Pa., on Dec. 9, 2025.

Trump doesn't rule out troops in Venezuela, says President Nicolás Maduro's 'days are numbered'

In a wide-ranging interview, the president also said Russia has the upper hand in negotiations over its war with Ukraine and called European leaders "weak."
President Trump Participates In Kennedy Center Honors Medal Presentation
President Trump Participates In Kennedy Center Honors Medal Presentation
6d ago

It's a tale of two consumers this holiday season — and they're both at Walmart

"They don’t have the sales they used to have,” said Eileen Gowlak, a retiree who is prioritizing groceries at Walmart over clothes. She’s not alone.
Shoppers At A Walmart On Black Friday
Shoppers At A Walmart On Black Friday

Trump announces $12 billion in aid to farmers

China recently started buying U.S. soybeans again after a trade war halted the purchases in a blow to American farmers.
Looming Tariff Uncertainty Creates Unpredictability For U.S. Soybean Farmers
Looming Tariff Uncertainty Creates Unpredictability For U.S. Soybean Farmers
9d ago

The Fed's favorite inflation indicator hit 2.8% in September

Personal spending appears to have stalled in September, another economic warning sign for the Fed to consider as it weighs whether to cut interest rates.
Image: Fed Chair Jerome Powell Testifies During Senate Hearing On Capitol Hill
Image: Fed Chair Jerome Powell Testifies During Senate Hearing On Capitol Hill

Trump to visit Pennsylvania to address the economy and inflation

The president's trip to tout his economic agenda comes as polls consistently show Americans are concerned about their financial outlooks.
Trump Outlines Plan To Unwind Biden-Era Car Mileage Mandates
Trump Outlines Plan To Unwind Biden-Era Car Mileage Mandates
11d ago

Layoff announcements just hit the highest level since the pandemic

U.S.-based employers have announced plans to eliminate 1.2 million jobs so far this year.
A closed Walgreens store in San Francisco on June 17, 2025.
A closed Walgreens store in San Francisco on June 17, 2025.
11d ago

Trump says he will roll back fuel efficiency standards for vehicles

The president blamed the existing rules for a surge in new vehicle prices, but experts say they expect little impact in the near term.
Ford car dealership birds-eye view.
Ford car dealership birds-eye view.
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