Trump says drug prices will be cut by as much as 90%: What to know
President Donald Trump is looking to significantly cut the costs of prescription drugs for U.S. consumers, saying the nation will pay the "lowest price there is."
Goldman Sachs says undermining central bank independence has economic repercussions
An analysis by Goldman Sachs finds that reducing the independence of central banks like the Federal Reserve can contribute to higher inflation, lower stock prices and a weaker currency.
US, China announce reduced tariffs for 90 days after trade talks
The United States and China announced that tariffs against one another will be reduced for an initial 90-day period following trade talks in Switzerland.
Commerce secretary says more deals to come following US-UK trade agreement: 'Going to drive our economy'
President Donald Trump announced on Thursday that the U.S. and the United Kingdom reached a trade agreement. Commerce Secretary Howard Lutnick said more deals are in the works.
Disney CEO Bob Iger delivers new magic for investors
Disney is heading to the Middle East after announcing its next theme park will open in Abu Dhabi. Investors celebrated the move, giving CEO Bob Iger new bragging rights.
Democrats trying to force retailers to display cost of Trump tariffs on products
Democrats want to require retailers to display the cost for products impacted by President Donald Trump's tariff policies, which they have heavily criticized.
Trump touts UK trade deal as boosting US agriculture, beef producers
President Donald Trump said a new trade deal with the United Kingdom will expand market access for U.S. agricultural products, including beef producers who faced non-tariff barriers.
Trump unveils new UK trade deal, calls it 'incredible day for America'
President Donald Trump announced a new trade deal with the U.K., calling it the "first in a series of agreements" and an "incredible day for America."
Trump calls Fed's Powell a 'fool' after central bank holds interest rates steady
The Federal Reserve kept interest rates unchanged at its latest meeting this week, leaving the benchmark federal funds rate at a range of 4.25% to 4.5%.
Bill Gates pledges to give away nearly all his wealth and close his foundation in 2045
Bill Gates made a major announcement about his wealth and the Gates Foundation on Thursday. An Andrew Carnegie essay helped inspire his decision.
Used car prices jump to highest level since 2023 as auto tariffs squeeze consumers
Used car prices rose in April as the auto market responded to President Donald Trump's tariffs, reaching the highest level since 2023 as buyers rushed to beat tariff price hikes.
Trump confirms trade deal with UK: 'Full and comprehensive'
President Donald Trump said he will announce a “full and comprehensive" trade deal between the United States and the United Kingdom Thursday.
Federal Reserve holds key interest rate steady amid economic uncertainty
The Federal Reserve announced that it is leaving a key interest rate unchanged amid uncertainty over inflation and the labor market amid trade turmoil due to tariffs.
Dr. Oz uncovers shocking Medicaid flaw that is costing US billions, warns people are 'gaming' the system
Dr. Mehmet Oz reveals his plan to fix the mismanaged Medicaid and Medicare systems with the help of President Trump and the administration.
US has yet to launch trade negotiations with China, Treasury secretary says
The U.S. has not yet kicked off any trade negotiations with China, as both Washington, D.C., and Beijing have slapped steep tariffs against each other’s imports.
Barbie maker Mattel raises prices amid Trump tariff fight
Barbie-maker Mattel announced it is raising prices on some of its toys as it navigates a "volatile macro-economic environment and evolving U.S. tariff landscape."
2025 tax season: What do returns look like so far this year?
New data from the Internal Revenue Service shows that the average tax refund amount is up over 3% from a year ago, though the number of refunds issued is down by more than 1%.
Trump signs executive order aimed at boosting US prescription drug manufacturing
President Donald Trump signed an executive order to encourage domestic prescription drug manufacturing and cut down on the time it takes to approve U.S. pharmaceutical plants.
Treasury Secretary Bessent tells investors Trump's policies will deliver 'golden age economy'
Treasury Secretary Bessent spoke at the Milken Institute Global Conference and said the Trump administration's policies, including tax cuts and deregulation, will spur economic growth.
Stablecoin bill, originally bipartisan, hits snag as Dems splinter
Sen. Bill Hagerty is spearheading legislation to regulate stablecoin, a cryptocurrency linked to fiat currencies like the dollar, but he has hit a snag.



















