Billionaire hedge fund manager warns tariffs could trigger conditions 'worse than a recession'

Billionaire hedge fund manager Ray Dalio said that the U.S. economy could experience something "worse than a recession" if current economic and financial challenges aren't handled well.

Trump suggests he may pause 25% auto tariffs amid market concerns

President Trump says he may temporarily pause his 25% auto tariffs to give carmakers time to adjust supply chains, adding more uncertainty to global markets already shaken by his shifting trade policies.

List: The cities most affected by inflation in 2025

A recent study shows that some cities across the country are impacted more by inflation than others. Here's where your area ranks on the list.

China retaliates: Tariffs on American goods hiked from 84% to 125%

China called the United States’ tactics “bullying and coercive” and said the tariffs imposed by President Donald Trump violated “basic economic laws.”

Inflation fell in March despite Trump tariffs: Here's why

Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.

Egg prices continue to increase, reach new record high

Egg prices have spiked and may not drop until after Easter due to high consumer demand. Here's what we know.

Trump tariff summary: Where things stand after pause

Here's a look at some of the main tariffs that have been imposed on major U.S. trading partners since January and how those have changed since their announcement.

Trump limits tariffs on most nations for 90 days; raises Chinese import tax rate to 125%

Trump’s sweeping new tariffs took effect on Wednesday morning, but by the afternoon, nearly all of them were lowered and paused -- except for China, which he hit with a 125% import tax.

What's the status of the budget bill?

Some Republicans are stalling action on President Donald Trump’s bill consisting of tax breaks and spending cuts. House Speaker Mike Johnson wants to move the process forward before legislators leave Washington, D.C. for a two-week spring recess.

Price tag: How much Americans could pay between tariffs and tax cuts expiring

The price for Americans could be hefty if President Donald Trump’s tariffs stay in place and Congress doesn’t manage to extend his hallmark 2017 tax cuts.

Gas prices could fall as crude oil plummets, expert says

Consumers typically see a jump in gas prices as refineries switch to a summer-grade blend. However, this year could be different as crude oil prices are falling.

Worst stock market days in history

Stocks are swinging sharply still after President Trump’s tariff announcement last week. Here’s how last week stacks up to some of the worst days for the stock market in U.S. history.

Jobs report shows unexpected gains, but unemployment rises again

A strong jobs report for March provided a much-needed boost to financial markets that are reeling in the face of President Trump’s widespread tariffs.