How much is the average tax refund in 2025? It depends on where you live

A new report shows tax refunds are larger in 2025—but fewer people are receiving them. Geography, income, and tax policy all play a role in how much money Americans get back from the IRS.

Trump suggests he may pause 25% auto tariffs amid market concerns

President Trump says he may temporarily pause his 25% auto tariffs to give carmakers time to adjust supply chains, adding more uncertainty to global markets already shaken by his shifting trade policies.

List: The cities most affected by inflation in 2025

A recent study shows that some cities across the country are impacted more by inflation than others. Here's where your area ranks on the list.

China to increase tariffs to 125% as trade war with US escalates

China announced Friday it will increase tariffs on U.S. goods from 84% to 125%, escalating a trade war between the world’s two largest economies. The move has rattled global markets and heightened concerns about a potential economic slowdown.

Inflation fell in March despite Trump tariffs: Here's why

Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.

Detroit man goes from homeless to millionaire

A man went from being homeless, sleeping in his car outside fancy houses in Detroit, to buying one of those houses and becoming a self-made millionaire.

Are the rich paying enough taxes? Most Americans say no

A new Gallup poll reveals deep political divides in how Americans view tax fairness, particularly regarding upper-income earners.

Gas prices could fall as crude oil prices drop, expert says

One expert says there is one “silver lining” from crude oil prices dropping to their lowest level in four years. 

Gas prices could fall as crude oil plummets, expert says

Consumers typically see a jump in gas prices as refineries switch to a summer-grade blend. However, this year could be different as crude oil prices are falling.

Worst stock market days in history

Stocks are swinging sharply still after President Trump’s tariff announcement last week. Here’s how last week stacks up to some of the worst days for the stock market in U.S. history.

Jobs report shows unexpected gains, but unemployment rises again

A strong jobs report for March provided a much-needed boost to financial markets that are reeling in the face of President Trump’s widespread tariffs.

Stocks tumble as Trump’s tariffs roil global markets

The Dow, S&P 500 and Nasdaq fell sharply after President Donald Trump slapped tariffs on a host of countries Wednesday, including China, Japan, India and Europe.