Federal Reserve in limbo as tariffs complicate this week's interest rate decision
With inflation on the decline, some experts believe that without the enforcement of tariffs, the Federal Reserve may likely cut its key interest rate even more.
At Home files for bankruptcy
The popular home decor retailer has filed for bankruptcy amid the changing trade environment from President Trump’s tariffs.
Stock market erases early 2025 losses
The stock market bounced back after losses in early April following the announcement of widespread tariffs. FOX 9's Babs Santos has the full story.
CPI inflation report: Which prices changed the most last month
Here’s a closer look at May’s CPI inflation report, and which prices increased and decreased the most.
Inflation rose slightly in May, offset by cheaper gas and travel fares
The latest figures suggest tariffs haven’t impacted prices yet, but economists say that could change in coming months.
China’s rare earth minerals included in new trade deal, Trump says
Details are being released about the new trade and tariff deal reached between President Trump and China, which includes rare minerals and Chinese students attending American universities.
Airline, aerospace industries warn Trump tariffs could risk air safety, supply chains
Airline and aerospace groups warned that President Donald Trump’s tariffs on planes, engines and parts could increase ticket prices, harm the supply chain and threaten aviation safety.
Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty
Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.
Trump doubles steel, aluminum tariffs: What that means for you
The increased tariff hike on steel and aluminum are likely to impact consumers and companies financially given that many products like refrigerators and washing machines are made using these metals.
Retailers shift supply chains to reduce risks from Trump’s tariffs on China
Macy’s and Target cut China sourcing amid rising tariffs and trade war uncertainty under Trump administration
Fight over lumber tariffs could reshape future of US home building
Lumber prices are down but new home costs are up, which has sparked a debate over what is driving the housing market slowdown.
Surge in steel tariffs could threaten Trump promise of lower grocery prices
President Donald Trump has announced a 50% tariff on imported steel and aluminum, raising concerns about rising costs on a wide range of consumer goods, especially groceries.
US-built vehicles cost $53,000 on average, pricing out budget shoppers
Cars.com report reveals U.S.-assembled vehicles now cost more than Canadian and Mexican imports. Here's what they found the average price to be.
Court overrides Trump's sweeping tariff policy
The U.S. Court of International Trade says President Donald Trump was not legally allowed to impose sweeping tariffs. It's up to Congress to impose them.
Appeals court temporarily reinstates Trump tariffs
The appeals court temporarily halted the order from a federal trade court issued a day before.
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Media Q&A with White House Press Secretary [FULL]
Following a briefing on a variety of different topics, White House Press Secretary Karoline Leavitt answers questions from media members covering a wide range of subjects, including the economy, immigration and tariffs.
‘Judicial overreach’ blamed for tariffs ruling
Saying the U.S. has run a trade deficit every year since 1975, White House Press Secretary Karoline Leavitt called the US Court of International Trade voting to block a majority of global tariffs imposed by President Trump an act of “judicial overreach” after the court of “activist judges” deemed the orders unlawful.
Wall Street reacts to US Court tariffs ruling
The U.S. Court of International Trade has voted to block the implementation of most of President Trump's global tariffs, sending Wall Street reeling afterwards.
What's next for Trump’s tariffs after federal court ruling?
A judge’s panel ruled that the president overstepped his authority when he invoked an emergency-powers law to declare a national emergency to enforce his tariffs.
Federal court blocks Trump from imposing sweeping tariffs under emergency powers law
The ruling from a three-judge panel came after several lawsuits arguing Trump has exceeded his authority.