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Economy

Latest updates on the U.S. economy.

Border Patrol sees uptick in egg smuggling on southern border amid skyrocketing prices

Border Patrol sees uptick in egg smuggling on southern border amid skyrocketing prices

The bird flu has caused the price of eggs to skyrocket.

February 22, 2025 10:24am EST
Live updates: Trump hosts India's PM after increasing US tariffs

Live updates: Trump hosts India's PM after increasing US tariffs

President Trump signed another executive order increasing U.S. tariffs before hosting India's prime minister at the White House.

February 13, 2025 6:05pm EST
ConEd proposes double-digit rate hike: What this means for New Yorkers

ConEd proposes double-digit rate hike: What this means for New Yorkers

Con Edison is proposing double-digit rate hikes that could go into effect next year, but Gov. Kathy Hochul has asked the state to reject this proposal, citing an affordability crisis.

February 12, 2025 11:54am EST
CPI inflation report: Egg, gas and other prices that jumped in January

CPI inflation report: Egg, gas and other prices that jumped in January

Americans are continuing to pay more for groceries, gas and the like. Here’s what prices jumped the most in the last month.

February 12, 2025 11:05am EST
US economy added 143,000 jobs in January, below expectations

US economy added 143,000 jobs in January, below expectations

The U.S. economy added jobs at a slower pace than expected in January, as the Federal Reserve remains in a holding pattern for interest rate cuts as it evaluates the labor market and inflation data.

February 7, 2025 9:46am EST
How tariffs on Chinese imports are impacting the local economy

How tariffs on Chinese imports are impacting the local economy

Chinese-made products coming to the U.S. such as cellphones, TVs, and computers are now facing a 10% tariff. However, if you are looking to buy any of these items, you still have some time before prices go up.

February 5, 2025 7:32am EST
China responds to President Trump's tariffs: Here's the list

China responds to President Trump's tariffs: Here's the list

China has announced retaliatory tariffs on select American imports and an antitrust investigation into Google.

February 4, 2025 12:16pm EST
Trump tariffs on Mexico, Canada delayed for 30 days amid border negotiations

Trump tariffs on Mexico, Canada delayed for 30 days amid border negotiations

President Donald Trump delayed planned tariffs on Mexico and Canada for 30 days after both countries agreed to strengthen border security.

February 3, 2025 4:51pm EST
Tariffs could cause 'some pain' for Americans, Trump says

Tariffs could cause 'some pain' for Americans, Trump says

President Donald Trump insists tariffs on our closest neighbors are needed to “protect Americans," but he conceded Sunday that they might also cause “some pain."

February 2, 2025 1:12pm EST
Trump tariffs latest: China to file lawsuit for 'wrongful practices of US'

Trump tariffs latest: China to file lawsuit for 'wrongful practices of US'

Trump argues the tariffs are necessary to “protect Americans” and to curb the export of fentanyl. But for our North American neighbors, the move sparked an undeniable sense of betrayal.

February 2, 2025 9:48am EST
Trump signs tariff order; Mexico and Canada retaliate

Trump signs tariff order; Mexico and Canada retaliate

Hours after President Trump signed the order Saturday, Mexican President Claudia Sheinbaum ordered retaliatory tariffs. Here's what to know.

February 1, 2025 5:53pm EST
Trump signs tariff order affecting Canada, Mexico, China

Trump signs tariff order affecting Canada, Mexico, China

President Donald Trump on Saturday signed an order to impose stiff tariffs on imports from Mexico, Canada and China.

February 1, 2025 5:53pm EST
Trump tariffs on Mexico, Canada and China will start Saturday, WH says

Trump tariffs on Mexico, Canada and China will start Saturday, WH says

Experts say the tariffs, which begin Feb. 1, are like launching “a grenade" into the economy.

January 31, 2025 5:14pm EST
10 things that could cost more under new tariffs

10 things that could cost more under new tariffs

A 25% tariff on imports from Canada and Mexico, plus additional tariffs on China, could drive up prices on everything from gas and groceries to smartphones and cars.

January 31, 2025 3:51pm EST
US tariffs on Canada and Mexico begin Saturday—what it means for gas prices

US tariffs on Canada and Mexico begin Saturday—what it means for gas prices

President Donald Trump’s 25% tariffs on Canada and Mexico begin Saturday, but he hasn’t decided whether to include oil imports— a move that could affect gas prices despite his pledge to cut energy costs.

January 30, 2025 6:42pm EST
Did Trump freeze food stamps (SNAP), Social Security, Medicare, and Medicaid?

Did Trump freeze food stamps (SNAP), Social Security, Medicare, and Medicaid?

A federal judge temporarily blocked President Donald Trump's attempt to pause funding for federal grants and loans. But are food stamps (SNAP), Social Security, Medicare, and Medicaid safe?

January 29, 2025 5:45pm EST
Fed declines to lower interest rate, ending 3-cut run

Fed declines to lower interest rate, ending 3-cut run

The Fed declined Wednesday to lower the interest rate in a move that ends a three-cut run and goes against the direction of President Trump.

January 29, 2025 2:10pm EST
Federal judge temporarily blocks Trump's funding freeze: explained

Federal judge temporarily blocks Trump's funding freeze: explained

The funding freeze could affect trillions of dollars and cause widespread disruption in health care research, education programs and other initiatives. Here's what you need to know:

January 28, 2025 8:05pm EST
These are the best-performing cities in America, report says

These are the best-performing cities in America, report says

A new report shows which U.S. cities are booming, and which ones are lagging.

January 17, 2025 1:15pm EST
1 in 5 job postings aren’t real, recent study finds

1 in 5 job postings aren’t real, recent study finds

Greenhouse analysis reveals nearly 20% of job postings are “ghost jobs," with no hiring activity, impacting job seekers across industries.

January 14, 2025 8:27pm EST
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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

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

Here's why there's a state of emergency in NJ starting today

Here's why there's a state of emergency in NJ starting today

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