Fed's Powell says central bank could face 'challenging scenario' due to tariffs
Federal Reserve Chairman Jerome Powell said in prepared remarks in Chicago that the central bank would wait for more data before changing interest rates.
About 20K IRS workers are weighing buyout offers
About 20,000 workers at the IRS have expressed interest in buyout offers extended by the Trump administration as part of its plan to shrink the agency.
New bipartisan tax proposal could give your family more money
A bipartisan group of lawmakers is pushing to make the adoption tax credit refundable, which could allow more families to get the credit even if it is more than their “tax burden
US risks pushing European allies into China's arms with new tariffs, experts warn
The constant flip-flopping on policies will prompt European leaders to edge closer to China, who may be viewed as a more reliable trade partner, experts said.
Economic pain or Chinese power? Japanese MAGA voice says tariffs hurt, but tough talk on China is right move
Japanese YouTuber Yoko Ishii reacted to President Donald Trump's reciprocal tariff threat that could impact her country, explaining how his aggressive stance on China is a net gain for Japan.
Trump admin planning to isolate China in tariff pressure campaign
The Trump administration plans to isolate China through a tariff pressure campaign against over 70 U.S. trade partners, the Wall Street Journal reports.
California sues to block Trump's 'illegal' tariffs
California and Gov. Gavin Newsom on Wednesday filed a lawsuit contesting President Donald Trump's authority to impose tariffs.
Japan braces for high-stakes trade talks with Washington
Japanese Prime Minister Shigeru Ishiba says Tokyo will not make major concessions to the U.S. as trade deal talks begin in Washington, D.C.
China's Xi inks Vietnam deals as tariff war deepens; Trump says they’re trying to 'screw' US
China and Vietnam signed dozens of deals this week amid the U.S.' global trade war in what President Donald Trump says is an attempt to "screw" Washington.
Judge tosses Biden-era credit card late fee rule: What to know
A federal judge just scrapped a rule that capped credit card late fees at $8, down from over $30. This reverses a move made under the Biden administration last year.
Trump's tariffs are putting consumers and businesses in a bind, tech association warns
President Donald Trump's tariffs have fueled uncertainty over trade policy, creating challenges for U.S. importers facing higher costs that may prove prohibitive, CTA warns.
Hong Kong to suspend parcel shipments to US over Trump’s ‘bullying’ tariffs
Hongkong Post said Wednesday they will not be collecting any "so-called tariffs on behalf of the US" and they are suspending service of postal items containing goods shipped to the US.
'Nobody's groceries got cheaper': 'Squad' rep slams Trump's budget as gift to billionaires
Rep. Ayanna Pressley said President Trump has yet to deliver on his 2024 campaign promise to bring down costs for working Americans.
Trump admin moves toward semiconductor, pharmaceutical tariffs
President Donald Trump's administration took new steps toward imposing tariffs on imported semiconductors and pharmaceutical products Monday.
Car dealers move to combat impact of Trump auto tariffs with AI tools
President Donald Trump's tariffs have resulted in market uncertainty, driving car dealers to utilize new AI tools in an effort to bring in new customers.
Billionaire hedge fund manager warns tariffs could trigger conditions 'worse than a recession'
Billionaire hedge fund manager Ray Dalio said that the U.S. economy could experience something "worse than a recession" if current economic and fiscal challenges aren't handled well.
China could be 'virtually screwed' in tariff negotiations, Kevin O'Leary warns
China doesn't have leverage over Trump's America when it comes to the ongoing tariff war and economic outcomes, "Shark Tank" investor Kevin O'Leary explains.
Popular beer company laments Trump’s America first agenda
Beer distribution company Constellation, which owns the U.S. rights to Corona and Modelo, has admitted to having a tough time dealing with the changing political landscape.
Trump’s trade team making ‘astonishing’ progress on tariff deals with multiple offers on the table: Hassett
White House National Economic Council Director Kevin Hassett said President Donald Trump and his trade team are currently mulling over a series of "amazing" offers on tariff deals.
Major companies still engaging in DEI policies under new names, consumer watchdog claims
Watchdog group Consumers' Research has warned that companies are merely renaming their DEI programs to escape the ire of the Trump administration.