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President Trump's tariffs could hit the economy badly and lead to higher inflation. But Wall Street investors are reacting by sending stocks to record highs.
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The world's largest retailer says it won't be able to absorb all the costs from higher tariffs on imported goods, particularly from China. Already in April, shoppers began tightening their budgets as retail spending did not grow much compared to March. -
Nearly 200 officials from public radio stations across the country are descending on Capitol Hill to seek to convince lawmakers to maintain funding for public broadcasting despite President Trump's campaign against it. -
According to the National Highway Traffic Safety Administration, the front brake lines in the SUVs "may be in contact" with their engine air cleaner outlet pipe due to a potential installation defect. -
The average price for a dozen Grade A eggs declined to $5.12 last month after reaching a record $6.23 in March. It was the first month-to-month drop in egg prices since October 2024. -
ESPN says its subscription plan will cost $29.99 a month. An analyst says that, combined with subscriptions to other streaming services, could drive the cost up to the price of cable packages. -
The health care conglomerate is facing mounting financial problems – and ongoing consumer anger over high costs and denied claims. -
Consumer prices in April were up 2.3% from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4%, thanks to a large drop in the price of eggs. -
Jay Foreman, CEO of Basic Fun!, says the Trump administration's shifting tariff policy has created chaos for businesses — and could still disrupt the holiday season. -
Businesses are rushing to import Chinese goods after the U.S. struck a temporary deal. This "stop-go" nature of trade could still mean higher prices and doesn't ease uncertainty, an economist warns. -
Leaders from both major political parties have been working to bring back manufacturing. But American manufacturers say they are struggling to fill the manufacturing jobs we already have.
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