California's divided economy to struggle through early 2026: UCLA forecast
California faces a prolonged employment recession into early 2026, driven by elevated costs, weak job growth, and the early effects of deportation policies.
Costco files federal lawsuit challenging Trump's emergency tariff orders on imported goods
Costco is suing the federal government over President Trump's tariffs in hopes of recovering funds the retailer says it was improperly required to pay on imported goods.
Trump expands tariff relief on coffee, beef from Brazil
Trump is loosening tariffs on Brazil to lower consumer costs for Americans. The decision affects coffee, fruit and beef. Here’s what we know.
Tariff dividend: Trump says when he thinks checks could be issued
President Trump doubled down on the idea of a tariff dividend check for Americans. Here’s the latest of what he’s saying.
Trump administration announces trade deal which could lower prices of bananas, coffee
New trade frameworks with four Latin American nations could lower U.S. grocery prices for items like coffee and bananas. Here's what we know.
Is a new stimulus payment coming? November 2025 IRS direct deposit fact check
Trump's $2,000 tariff dividend is fueling a new stimulus buzz.
Tariff dividend: What Trump is again saying about possible 2025 stimulus checks
President Trump on Sunday again hinted at the possibility of a 2025 stimulus check. Here's what he's saying.
Supreme Court hears arguments over whether President Trump overstepped his authority to impose tariffs
The Supreme Court heard arguments on whether President Donald Trump exceeded his authority by using emergency powers to impose sweeping tariffs.
Supreme Court to hear high-profile tariffs case
A landmark case is going before the Supreme Court on Wednesday, Nov. 5.
US and China agree to trade deal
President Donald Trump met with Chinese leader Xi Jinping on Thursday and told reporters that he would cut tariffs on China.
Trump cutting tariffs on China after meeting with Xi
The president said he chose to lower his combined tariff rates on imports of Chinese goods under 50% after talks with Chinese leader Xi Jinping on curtailing fentanyl trafficking.
Gov't shutdown, ICE raids hurting businesses
FOX 11's Gina Silva was in Downey as restaurant owners tell her they're struggling due to financial fallouts linked to the government shutdown, ICE raids and Trump-imposed tariffs.
Here's who's bearing the brunt of tariffs, according to Goldman Sachs
Here's who is expected to absorb 55% of tariff burden by end of 2025.
Ikea raises prices as Trump's furniture tariffs hit retailer
Swedish retailer Ikea, known for its low-cost business model, is raising prices due to a new round of tariffs impacting the furniture business.
Iconic 169-year-old retailer to shutter 36 locations, citing tariffs
The Orvis Company, one of the nation’s oldest outdoor retailers, plans to close more than two dozen stores by 2026 as part of a broader effort to shrink its retail footprint and streamline operations in response to rising tariffs.
Trump enforcing new 25% tariff on medium and heavy-duty trucks
The president announced on social media that the new tariffs on the vehicles will begin on Nov. 1.
Trump calls out Newsom while threatening 100% tariffs on foreign-made films
In a social media post, President Donald Trump took direct aim at California Gov. Gavin Newsom as Hollywood as been particularly hard hit by a drastic decline in film production.
Trump to put tariffs on pharmaceuticals, furniture, heavy trucks
The president said Thursday on his social media site that foreign manufacturers of furniture and cabinetry were flooding the United States with their products and that tariffs must be applied “for National Security and other reasons.”
Supreme Court says it will hear Trump appeal on tariffs in key economic case
The Supreme Court said Tuesday it will quickly decide whether most of President Donald Trump’s sweeping tariffs — a key part of his economic agenda — are legal.