U.S. tariffs on Mexico and Canada take effect and levies on China raised
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
Social Security chief's work with DOGE raises concerns, Warren says
Acting Social Security commissioner Lee Dudek is facing questions from Sen. Elizabeth Warren over his reported actions.
Social Security workers warn job cuts could hurt service for Americans
"We are already short-staffed as it is,"one Social Security Administration employee said of the agency's plans to slash its workforce.
Here's what to know about today's inflation data from the PCE report
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
Tax refunds in 2025 are about $1,000 less than in 2024. Here's why.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
Here's what to know about Trump's $5 million immigration "gold card"
President Trump is floating the idea of a new "gold card" visa that would be sold to wealthy foreigners for $5 million.
Trump says he'll consider DOGE dividend checks. Experts are dubious.
President Trump said his administration is considering dividend checks based on savings found by DOGE. Economists are skeptical.
Musk is not an employee of DOGE and has no authority, White House says
The White House said in a legal filing that Tesla CEO Elon Musk isn't an employee of its Department of Government Efficiency, or DOGE.
Musk's DOGE is at the IRS, raising concerns about taxpayer data security
Some Democratic lawmakers are raising concerns about the security of taxpayer data as Musk's cost-cutting task force moves to the IRS.
Federal workers express shock, anger over mass firings: "It's devastating"
The Trump administration is firing thousands of federal workers on probationary status, or those without civil service protections.
Trump says the federal workforce is too big. Here's what to know.
The federal government is the nation's largest employer, yet the size of its workforce hasn't kept up with U.S. population growth, experts say.
Inflation rate picked up in January, CPI report shows. What it means.
The Federal Reserve's progress on taming inflation has stalled out. That could mean fewer rate cuts in 2025.
Missouri sues Starbucks over DEI practices, claiming they slow orders
A new lawsuit filed by Missouri's attorney general alleges that Starbucks is unlawfully relying on "race-and-sex-based hiring practices."
$500 million in food at spoilage risk after USAID pause, report says
A report from the USAID inspector general says that almost $500 million in food assistance is sitting in ports, ships and warehouses.
Here's how Trump's steel and aluminum tariffs could impact U.S. prices
President Trump on Monday ordered new tariffs on all steel and aluminum imports. Experts say some products could become pricier.