The U.S. will impose tariffs of 25% on Japan and South Korea beginning on Aug. 1, President Donald Trump announced on Monday in posts on Truth Social.

Tesla's stock dropped following CEO Elon Musk's announcement that he is forming the "America Party," reigniting political tensions weighing on investors.

Trump administration prepares trade letters as August 1 deadline approaches, with Secretary Lutnick confirming tariffs will revert to April levels without agreements.

Tariffs are set to return to President Donald Trump's original April levels without new trade deals by August 1, Treasury Secretary Bessent said Sunday.

President Donald Trump claims the U.S. has "pretty much" reached a deal for the purchase of TikTok's U.S. assets, and negotiations with China are scheduled to start Monday or Tuesday.

Republicans in Congress passed President Donald Trump's One Big Beautiful Bill Act, which extends a variety of tax cuts for Americans and businesses while creating new provisions.

Billionaire Ray Dalio warned of economic consequences of Congress passing Trump's spending bill, including possible spending cuts, major tax increases and money printing.

Analysis shows Trump's tax bill would reduce federal tax burdens for all income levels, making TCJA's lower rates permanent while adding temporary deductions for tips and overtime.

In the latest escalation in the feud between President Donald Trump and Fed Chair Jerome Powell, the president called for Powell to "resign immediately."

House Republicans struggle to pass Trump's tax bill as Freedom Caucus demands changes, with failure potentially leading to a $2,100 tax increase for 80% of Americans if cuts expire.

A new report shows President Donald Trump's tariffs are affecting consumers' online shopping behavior, with 34% delaying purchases and 28% buying earlier to avoid costs.

Paramount Global settled Trump's $20 billion lawsuit against CBS News without issuing an apology as CEO George Cheeks said he wanted to avoid legal costs and business distractions.

President Donald Trump announced Wednesday he has struck a trade deal with Vietnam, calling it a "Great Deal of Cooperation between our two Countries."

The House Judiciary Committee subpoenaed a former Pfizer executive who allegedly claimed senior members of the company delayed the results of COVID-19 vaccine trials to influence the 2020 election.

Congressional Republicans warn that South Korea's new legislation could advantage Chinese tech firms over U.S. companies, urging negotiators to address the issue in tariff negotiations.

Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.

The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding the cap will largely benefit wealthy American taxpayers.

The Department of Labor has proposed 63 deregulatory actions, building on previous Trump administration measures, including scrapping 10 rules for every new one.

DCCC unveils HouseRepublicanPriceHike.com to track rising grocery costs since 2022, allowing users to compare prices and share receipts as inflation remains a top voter concern.

Trump criticizes Fed chair Powell for keeping rates "artificially high," sending him a chart comparing global rates and claiming the U.S. is losing billions.