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.

Stellantis plans 900 temporary layoffs in US after Trump tariff announcement: report

Stellantis NV, the company that manufactures Ram trucks and Jeeps, is reportedly temporarily laying off 900 workers at five US facilities and pausing production in Canada and Mexico.

Trump tariffs target remote, uninhabited islands with no U.S. trade

President Donald Trump’s far-reaching new tariffs are going farther than many expected – far enough to reach remote islands where no one lives.

Mass layoffs hit federal health agencies amid controversy

Thousands of Health and Human Services (HHS) employees were abruptly terminated Tuesday under the Trump administration, with many discovering their job status only after their security badges stopped working.