Trump backs down on doubling tariffs after Ontario halts electricity surcharge
President Trump threatened to double tariffs on steel and aluminum imports from Canada, prompting Ontario to suspend its planned electricity surcharges to the U.S.
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.
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.
Price of toys will increase due to Trump's tariffs on China, industry experts say
Toys in the U.S. may cost 15-20% more by fall due to Trump's tariffs on China, according to industry experts.
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.
Trump postpones tariffs on most goods from Mexico for one month
The tariff delay would apply to goods that are compliant with the trade agreement President Donald Trump negotiated with Canada and Mexico during his first term in the White House.
Red Robin considers closing 70 US locations: Here's what to know
Red Robin is considering the closure of 70 locations once their leases expire, according to the company.
These states may eliminate taxes on groceries
More states are considering eliminating or reducing grocery sales taxes as Americans face high prices for eggs and other household staples. Here's what to know.
Trump pulls back on auto tariffs; here's where we currently stand
The president announced that he’s granting a one-month exemption on his new tariffs on imports from Mexico and Canada for auto manufacturers in the U.S.
What companies are saying about tariff price hikes: Full list
CEOs are sounding the alarm on President Trump’s tariffs and what they mean for American consumers.
Trump wraps speech to Congress with ‘fight, fight, fight,’ calls for ‘golden age of America’
President Donald Trump has delivered his first major speech to Congress since returning to the White House, outlining his second-term agenda on immigration, the economy, and national security. The speech ended with a rallying cry, as Trump declared the ‘golden age of America’ is just beginning.
US tariffs on Mexico, Canada take effect on Tuesday: What to know
New U.S. tariffs on imports from Mexico, Canada, and China take effect Tuesday, marking the most aggressive use of trade sanctions in decades.
Explain tariffs to me: What are they? How do they work?
A tariff is a tax imposed on imported goods and services. Here's what to know about them, why they're used, and what economists say.
Chipotle CEO shares how restaurant chain will handle Trump tariff costs
Chipotle’s CEO detailed how the company will handle President Donald Trump’s tariff-related cost increases. Here's what to know.
Trump announces agricultural tariffs: What that could mean
The president claims his administration will introduce the tariffs on farm products starting in April.
Eggs are not the only expensive food: Beef prices are also on the rise
A lot of attention has been focused on high egg prices due to the bird flu. However, the price of beef is also on the rise as production isn't keeping pace with demand.