Economy

The two sides agreed to cancel 91% in tariffs on each other’s goods and suspend another 24% in tariffs for 90 days.

As gold prices soar to record highs resulting from global economic jitters, hundreds of thousands of U.S. dollars’ worth of gold are circulating through the doors of the St. Vincent Jewelry Center in downtown Los Angeles on any given day.

A nickel may be worth 5 cents but costs nearly 14 cents to make. With the penny possibly being eliminated, the Treasury wants a new, cheaper nickel.

Speaking at a news conference Wednesday, Fed Chair Jerome Powell warned that prolonged high tariffs could cause inflation, slower growth, and rising unemployment.

Even though inflation hasn’t dropped, some pockets of the U.S. economy have seen price drops recently. Here’s a look at what’s rising and falling.

The president called tax incentives offered by foreign countries “a national security threat” in a post on Truth Social.

Buy now or pay later: Brands beg shoppers to spend before Trump’s tariffs hit their prices.

Uncertainty over the economy due to President Donald Trump’s oscillating tariff policies looms large over America’s longest running sporting event.

Nonfarm payrolls were expected to increase by 133,000 in April, according to the Dow Jones consensus estimate.

As President Donald Trump marks 100 days in office, some small business owners said they experienced hardships while others said business boomed. News4’s Aimee Cho reports.

The U.S. economy contracted 0.3% in the first quarter of 2025, the first negative reading since the Covid pandemic, according to an initial measurement by the Commerce Department.

U.S. agriculture exporters say global backlash to President Trump’s tariffs are already resulting in canceled orders and farm layoffs.

Bill Sandweg, co-owner of Copper Star Coffee in Phoenix, described how his cafe is already seeing an impact from tariffs.

A dozen states, led by Arizona Attorney General Kris Mayes and Oregon Attorney General Dan Rayfield, sued the Trump administration over its global tariff policies.

Would you rather die than run out of retirement money? A new survey shows Americans are more worried about finances than death.

Businesses dealing with tariffs are looking for ways to pass increasing costs onto consumers, according to the Beige Book report.

What cost impact the Trump administration’s tariffs will have on items, such as lumber and flowers, remains unclear to experts in the field of home improvement and landscaping.

When times get financially tight for Americans, a trip to the salon has been one of the first discretionary purchases to go.

With warmer temperatures finally here, some utility customers are still paying for their high winter electric bills. Power companies blame the extreme cold and individual usage, but critics say there’s more to it. News4 Consumer Reporter Susan Hogan is getting answers.

The president is registering the worst economic approval numbers of his presidential career, according to the latest CNBC All-America Economic Survey.