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Trump doubled steel and aluminum tariffs. These products may get more expensive
President Donald Trump’s 50% tariffs on all steel and aluminum imports could have widespread impact on manufacturers and consumers.
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U.S. home sellers sitting on record $698 billion worth of listings: Report
Redfin analysis found that there are 500,000 more home sellers than buyers, which is a contributing factor to the record worth of listings.
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CEO pay rose nearly 10% in 2024. Here's how much the top executives made
The increase for those who occupy the corner office again outpaced the wage gains for the median worker at their company.
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What is ‘TACO trade'?
Financial analysts began using the term “TACO trade” to describe market response to President Donald Trump’s tariffs. Here’s what you need to kn
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Why are more shoppers struggling to repay ‘buy now, pay later' loans?
Short-term lender Klarna says more customers are having trouble repaying their “buy now, pay later” loans.
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Moody's downgrades United States credit rating on increase in government debt
Moody’s had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old agency into line with its rivals.
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US and China agree to pause their recent tariffs for 90 days
The two sides agreed to cancel 91% in tariffs on each other’s goods and suspend another 24% in tariffs for 90 days.
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Economic jitters and soaring gold prices create frenzy for US jewelry merchants
As gold prices soar to record highs resulting from global economic jitters, hundreds of thousands of U.S. dollars’ worth of gold are circulating through the doors of the St. Vincent Jewelry Center in downtown Los Angeles on any given day.
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Treasury seeks cheaper nickel production ahead of possible penny elimination
A nickel may be worth 5 cents but costs nearly 14 cents to make. With the penny possibly being eliminated, the Treasury wants a new, cheaper nickel.
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Fed Chair: High tariffs risk inflation and slower economic growth
Speaking at a news conference Wednesday, Fed Chair Jerome Powell warned that prolonged high tariffs could cause inflation, slower growth, and rising unemployment.
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Airfare, produce and TVs: Which prices are falling for consumers?
Even though inflation hasn’t dropped, some pockets of the U.S. economy have seen price drops recently. Here’s a look at what’s rising and falling.
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Trump proposes 100% tariffs on foreign movies
The president called tax incentives offered by foreign countries “a national security threat” in a post on Truth Social.
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Retailers are turning the trade war into a sales event
Buy now or pay later: Brands beg shoppers to spend before Trump’s tariffs hit their prices.
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How tariffs are affecting the Kentucky Derby
Uncertainty over the economy due to President Donald Trump’s oscillating tariff policies looms large over America’s longest running sporting event.
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US payroll growth totals 177,000 in April, defying expectations
Nonfarm payrolls were expected to increase by 133,000 in April, according to the Dow Jones consensus estimate.
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US GDP declines 0.3% as imports surged ahead of Trump's tariffs
The U.S. economy contracted 0.3% in the first quarter of 2025, the first negative reading since the Covid pandemic, according to an initial measurement by the Commerce Department.
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Farmers call trade war tariffs ‘full blown crisis' to agriculture exports
U.S. agriculture exporters say global backlash to President Trump’s tariffs are already resulting in canceled orders and farm layoffs.
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‘Some of us aren't going to make it': How tariffs are already impacting this small business
Bill Sandweg, co-owner of Copper Star Coffee in Phoenix, described how his cafe is already seeing an impact from tariffs.
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12 states sue Trump administration over ‘economically reckless' tariffs
A dozen states, led by Arizona Attorney General Kris Mayes and Oregon Attorney General Dan Rayfield, sued the Trump administration over its global tariff policies.
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Grim retirement: Survey shows Americans worry more about finances than death
Would you rather die than run out of retirement money? A new survey shows Americans are more worried about finances than death.