Stock market today: Dow and S&P 500 continue decline amid Trump tariffs
The Dow dropped for second day in a row as President Donald Trump’s tariffs rock global markets.
Jobs report shows unexpected gains, but unemployment rises again
A strong jobs report for March provided a much-needed boost to financial markets that are reeling in the face of President Trump’s widespread tariffs.
Stocks tumble as Trump’s tariffs roil global markets
The Dow, S&P 500 and Nasdaq fell sharply after President Donald Trump slapped tariffs on a host of countries Wednesday, including China, Japan, India and Europe.
Stellantis plans 900 temporary layoffs in US after Trump tariff announcement: report
Stellantis NV, the company that manufactures Ram trucks and Jeeps, is reportedly temporarily laying off 900 workers at five US facilities and pausing production in Canada and Mexico.
Trump tariffs target remote, uninhabited islands with no U.S. trade
President Donald Trump’s far-reaching new tariffs are going farther than many expected – far enough to reach remote islands where no one lives.
Should Americans rush to buy a car before the tariffs? Here's what Trump says
President Trump was asked Friday whether Americans should rush to buy cars now before his planned 25% tariffs on imported cars, light trucks and auto parts take effect.
Inflation remained elevated in February, data shows
Inflation remains a top economic concern for most Americans, even as it has fallen sharply from its 2022 peak.
Fed keeps interest rates unchanged; what this means for you
As expected, the Federal Reserve will leave interest rates unchanged – for now – as it predicts slower economic growth than it did three months ago.
EU tariffs could hurt these states the most, analysis shows
If the European Union’s 27 countries move forward with retaliatory tariffs on the U.S., some states will be impacted far more than others.
Trump administration rehiring nearly 25K fired workers after court order, documents show
A federal judge ruled that the impacted workers at six federal government agencies will be rehired after they were fired in February.
What is stagflation? Why the Fed is facing tough decisions this week
As the Federal Reserve meets this week, officials are facing growing concerns about stagflation—a mix of high inflation and a slowing economy. With interest rate cuts expected, the Fed must navigate uncertainty about rising prices, tariffs, and consumer confidence.
Trump's 25% tariffs on all steel and aluminum imports take effect
President Donald Trump has officially increased tariffs on all steel and aluminum imports to 25%. Canada announced retaliatory tariffs in response. Here's what to know.
Late car payments rise to highest level in over 30 years
High car prices and elevated interest rates have strained auto loan borrowers.
Tariffs update: Ontario raises electricity tax for US, China targets American farm products
China has imposed new tariffs on US farm products, while Ontario is hiking electricity prices for Americans in retaliation for President Trump’s escalating trade war. Here’s what it means for consumers.
Tesla stock hit hard as market drops
Tesla’s stock dropped 15% on Monday, deepening 2025 losses. The broader market also faces uncertainty from tariffs.
You need to make this much to be considered middle-class in New York
The annual study from SmartAsset calculated the middle-class income ranges for 100 major U.S. cities and all 50 states, including NY and NYC.
What is a recession? Here's the criteria and where the U.S. stands
Thanks to reporting lags and number revisions, recessions typically aren’t declared until well after they have begun.
Trump won't rule out recession this year
In an interview with Fox News Channel Sunday, President Trump brushed aside concerns from businesses seeking stability as they make investment decisions.
Jobs report shows solid gains but unemployment up slightly
The American job market has remained remarkably resilient, despite rising uncertainty amid a looming trade war, a purge of the federal workforce and mass deportations.
How Trump's tariffs will impact lumber prices and the housing market
Canada is the source of about 70% of US lumber imports. Canadian lumber is now facing a nearly 40% tariff.