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Economy

Latest updates on the U.S. economy.

Liberation Day: The tariffs we could expect on April 2

Liberation Day: The tariffs we could expect on April 2

"Liberation Day" is what President Donald Trump is calling the day he announces a new round of tariffs targeting foreign goods.

March 31, 2025 2:13pm PDT
Interest rate cuts: Here's what Bank of America's CEO expects this year

Interest rate cuts: Here's what Bank of America's CEO expects this year

Bank of America analysts think the new tariff will cause car prices to go up and purchase of vehicles to slow down.

March 29, 2025 2:24pm PDT
Should Americans rush to buy a car before the tariffs? Here's what Trump says

Should Americans rush to buy a car before the tariffs? Here's what Trump says

President Trump was asked Friday whether Americans should rush to buy cars now before his planned 25% tariffs on imported cars, light trucks and auto parts take effect.

March 28, 2025 5:47pm PDT
Trump signs order to end collective bargaining for some federal workers: What to know

Trump signs order to end collective bargaining for some federal workers: What to know

The president signed an order late Thursday evening ending collective bargaining with federal labor unions in agencies with national security missions.

March 28, 2025 6:06am PDT
Average Wall Street bonus is more than most people's salary: See the numbers

Average Wall Street bonus is more than most people's salary: See the numbers

Bonuses on Wall Street surged to record highs last year, nearly quadrupling the average annual salary in the U.S.

March 27, 2025 8:31am PDT
Trump to unveil tariff plans on April 2: What to know

Trump to unveil tariff plans on April 2: What to know

President Donald Trump has dubbed April 2 “Liberation Day.” On April 2, Trump plans to unveil his plans for reciprocal tariffs.

March 25, 2025 5:47pm PDT
USC implements hiring freeze, more budget cuts amid Trump funding threats

USC implements hiring freeze, more budget cuts amid Trump funding threats

The University of Southern California is making some big changes amid cuts to research funding and an ongoing investigation over campus protests.

March 25, 2025 1:50pm PDT
This California city just banned digital-only coupons at grocery stores

This California city just banned digital-only coupons at grocery stores

A California city has become the first in the U.S. to ban digital-only grocery coupons under the new Grocery Pricing Transparency Ordinance.

March 25, 2025 10:22am PDT
Southwest Airlines layoffs looming at these Southern California airports

Southwest Airlines layoffs looming at these Southern California airports

Southwest Airlines plans to lay off employees at four airports, including LAX and Burbank in Southern California, starting in June.

March 24, 2025 10:24am PDT
Iconic Burbank restaurant Chili John's in danger of closing after 79 years

Iconic Burbank restaurant Chili John's in danger of closing after 79 years

Chili John's restaurant in Burbank is facing the threat of closure after more than 70 years in business.

March 23, 2025 10:15am PDT
Here's how much the 'American Dream' costs in Los Angeles

Here's how much the 'American Dream' costs in Los Angeles

The "American Dream" costs at least $102,000 a year in all of the 50 biggest cities in the U.S., according to a new analysis.

March 22, 2025 11:05am PDT
$1400 IRS stimulus checks, $1 billion in unclaimed tax refunds & $5000 DOGE checks update

$1400 IRS stimulus checks, $1 billion in unclaimed tax refunds & $5000 DOGE checks update

American taxpayers are encouraged to act quickly to see if they are eligible for refunds that could provide vital financial relief – before time runs out!

March 20, 2025 10:28am PDT
Fed keeps interest rates unchanged; what this means for you

Fed keeps interest rates unchanged; what this means for you

As expected, the Federal Reserve will leave interest rates unchanged – for now – as it predicts slower economic growth than it did three months ago.

March 19, 2025 11:13am PDT
EU tariffs could hurt these states the most, analysis shows

EU tariffs could hurt these states the most, analysis shows

If the European Union’s 27 countries move forward with retaliatory tariffs on the U.S., some states will be impacted far more than others.

March 19, 2025 10:57am PDT
Trump administration rehiring nearly 25K fired workers after court order, documents show

Trump administration rehiring nearly 25K fired workers after court order, documents show

A federal judge ruled that the impacted workers at six federal government agencies will be rehired after they were fired in February.

March 18, 2025 9:50am PDT
These were the 5 hottest housing markets in February, according to Realtor.com

These were the 5 hottest housing markets in February, according to Realtor.com

The housing market in Hartford-West Hartford-East Hartford, Connecticut, received first-place in February.

March 13, 2025 10:31am PDT
Trump's 25% tariffs on all steel and aluminum imports take effect

Trump's 25% tariffs on all steel and aluminum imports take effect

President Donald Trump has officially increased tariffs on all steel and aluminum imports to 25%. Canada announced retaliatory tariffs in response. Here's what to know.

March 12, 2025 7:00am PDT
Trump backs down on doubling tariffs after Ontario halts electricity surcharge

Trump backs down on doubling tariffs after Ontario halts electricity surcharge

President Trump threatened to double tariffs on steel and aluminum imports from Canada, prompting Ontario to suspend its planned electricity surcharges to the U.S.

March 11, 2025 4:19pm PDT
Tariffs update: Ontario raises electricity tax for US, China targets American farm products

Tariffs update: Ontario raises electricity tax for US, China targets American farm products

China has imposed new tariffs on US farm products, while Ontario is hiking electricity prices for Americans in retaliation for President Trump’s escalating trade war. Here’s what it means for consumers.

March 10, 2025 2:12pm PDT
Tesla stock hit hard as market drops

Tesla stock hit hard as market drops

Tesla’s stock dropped 15% on Monday, deepening 2025 losses. The broader market also faces uncertainty from tariffs.

March 10, 2025 1:23pm PDT
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King Charles says his cancer treatment will be reduced in the new year

King Charles says his cancer treatment will be reduced in the new year

Man sentenced for selling fruit-flavored cocaine; Arizona AG issues consumer alert

Man sentenced for selling fruit-flavored cocaine

Sherrone Moore told ex-girlfriend 'I'm going to kill myself ... and make you watch'

Sherrone Moore told ex-girlfriend 'I'm going to kill myself ... and make you watch'

Kilmar Abrego Garcia heading back to Maryland after judge orders his release from ICE custody

Kilmar Abrego Garcia heading back to Maryland after judge orders his release from ICE custody

Judge issues temporary order blocking ICE from detaining Kilmar Abrego Garcia

Judge issues temporary order blocking ICE from detaining Kilmar Abrego Garcia

Trending

Mom of 6 claims retaliation by homeless program forced her family to move

Mom of 6 claims retaliation by homeless program forced her family to move

Woman hit, killed by train near Sun Valley

Woman hit, killed by train near Sun Valley

In-N-Out Burger removes number '67' from system in response to viral '6-7' trend

In-N-Out Burger removes number '67' from system in response to viral '6-7' trend

Orange County wedding photographer deported on way to job in Texas

Orange County wedding photographer deported on way to job in Texas

Celeste Rivas case: LAPD chief stays mum on D4vd's alleged role in teen's death investigation

Celeste Rivas case: LAPD chief stays mum on D4vd's alleged role in teen's death investigation

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