Economy
Image
'Liberation Day': Trump to announce tariff plans in Rose Garden spectacle
Ahead of the Rose Garden event, moreover, he unveiled a 25% tariff on auto imports that earned praise from union workers, including from United Auto Workers (UAW) leaders who, hewing to political tradition, opposed his candidacy.
Image
Israel moves to drop all tariffs on U.S. imports ahead of Trump tariff moves
“The goal of the move is to promote a zero-tariff policy between the countries and maintain positive trade relations with the US,” he added.
Image
Kohl's to close 27 stores across U.S., including 10 in California
“While Kohl's continues to believe in the health and strength of its profitable store base, these specific locations were underperforming stores,” the department store chain said in a news release.
Image
Lutnick says Trump has agreed to eliminate income taxes for Americans making less than $150K
President Donald Trump previously teased eliminating the federal income tax in January, claiming that if his plans with tariffs work out then he would eliminate the federal tax.
Image
Realtors report higher prices, too few homes for sale
Sales for February jumped 7% compared to last year. Prices also jumped. The median home price in Wisconsin hit $304.900, which is nearly 11% higher than in February of 2023.
Image
Federal Reserve holds interest rates steady
The central bank said there was uncertainty when it came to the economy.
Image
Planned tariffs are pressure for countries to abandon unfair trade policies, Treasury Secretary says
Secretary Bessent's comments come ahead of a new round of reciprocal tariffs planned for April 2.
Image
Treasury Secretary Bessent says Biden admin. caused 'affordability crisis' that Trump will fix
Bessent also took a shot at the media, hinting that they gaslit Americans during Biden's administration that the economy was good.
Image
Inflation cooled slightly in February compared to previous month, 2.8% now compared to 12 months ago
Economists predicted that the consumer price index would increase to 2.9%.
Image
Agriculture Secretary Rollins says price of dozen eggs has dropped $1.85 in roughly past 13 days
Last month, Rollins unveiled the Trump administration's plan to lower the cost of eggs in a Wall Street Journal op-ed.
Image
US economy adds 151K jobs in February, unemployment rate at 4.1% , Labor Department
The numbers are slightly higher but consistent with Wall Street projects of 160,000 jobs and 4% unemployment.
Image
Starbucks to lay off 1,100 of corporate employees
Starbucks previously fired its employees and closed many stores in major cities.
Image
Apple to invest $500B in U.S. manufacturing, innovation after recent meeting between CEO Cook, Trump
Apple facilities are expected to expand in Washington state, California, North Carolina, Arizona and Iowa.