PETER NAVARRO: Trump’s 50% steel tariff is a necessary shield for American industry
President Donald Trump has now raised steel tariffs to 50% from 25%. This increase is absolutely essential to protecting the U.S. steel...
Economy
Joann, Macy's, other store closures part of a 274% spike in retail layoffs in 2025
The number of job cuts announced in the first five months of 2025 increased 80% from the same period the...
Consumers are paying the costs for Trump's tariffs: New York Fed
The Federal Reserve Bank of New York recently released a survey that found businesses are passing some or all of the...
Walmart to cut about 1,500 corporate jobs
Walmart — the nation's largest private employer — is cutting more than 1,000 corporate jobs as the company tries to...
Federal Reserve governor warns US deficit 'not sustainable' as Treasury bond demand weakens
Federal Reserve Governor Christopher Waller said Thursday that the financial markets have reacted to projected deficits under congressional Republicans' tax cut...
Fast-food workers must work nearly an hour to afford meals they serve
Fast-food employees are struggling to afford necessities and a recent report shows they must work more than twice as many...
What will no taxes on tips cost in foregone tax revenue?
A key element of the tax-cut package that the Trump administration and congressional Republicans are working to pass got approved...
Texas lawmakers vote to gut booming hemp industry, sparking backlash
Texas is on the verge of banning nearly all intoxicating hemp products after the Republican-controlled state Senate and House of...
Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions
President Donald Trump on Friday threatened to impose fresh tariffs on both Apple and the European Union, saying that the...
How much an Apple iPhone could cost if made in the US
President Donald Trump on Friday threatened a tariff on Apple for iPhones not made in the U.S., putting pressure on...
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