Trump responds to GOP senator's push to bump minimum wage to $15 an hour
President Donald Trump has expressed uncertainty about Sen. Josh Hawley's bipartisan proposal to raise the minimum wage from $7.25 to $15 per hour, noting its impact on business.
President Donald Trump has expressed uncertainty about Sen. Josh Hawley's bipartisan proposal to raise the minimum wage from $7.25 to $15 per hour, noting its impact on business.
Medicare, Social Security now expected to run out quicker: See the dates and why
The date at which the programs would no longer have funds to pay full benefits were moved up.
The date at which the programs would no longer have funds to pay full benefits were moved up.
Feds make decision on interest rates: What to know
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee interest rate cuts by the end of this year.
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee interest rate cuts by the end of this year.
Federal Reserve in limbo as tariffs complicate this week's interest rate decision
With inflation on the decline, some experts believe that without the enforcement of tariffs, the Federal Reserve may likely cut its key interest rate even more.
With inflation on the decline, some experts believe that without the enforcement of tariffs, the Federal Reserve may likely cut its key interest rate even more.
Trump tariffs likely to raise appliance prices, experts say
Prices for major appliances jumped in May, and new tariffs backed by President Donald Trump are expected to push them even higher as manufacturers face rising costs for foreign-made materials.
Prices for major appliances jumped in May, and new tariffs backed by President Donald Trump are expected to push them even higher as manufacturers face rising costs for foreign-made materials.
CPI inflation report: Which prices changed the most last month
Here’s a closer look at May’s CPI inflation report, and which prices increased and decreased the most.
Here’s a closer look at May’s CPI inflation report, and which prices increased and decreased the most.
Trump touts $1,000 'Trump accounts' for babies born in US
The plan builds on the concept of “baby bonds," which some cities have introduced to minimize wealth gaps.
The plan builds on the concept of “baby bonds," which some cities have introduced to minimize wealth gaps.
Nearly 25% of Americans are 'functionally unemployed,' study finds
A new study found that nearly a quarter of Americans are “functionally unemployed." Here’s what that means.
A new study found that nearly a quarter of Americans are “functionally unemployed." Here’s what that means.
US layoffs spike nearly 50% as DOGE-driven cuts take center stage
Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.
Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.
Buy now, pay later under scrutiny as Klarna reports rising defaults
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high. Here’s what’s behind the trend and what it means for financial health.
Klarna says more customers are falling behind on their buy now, pay later loans as U.S. consumer debt hits a record high. Here’s what’s behind the trend and what it means for financial health.
Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty
Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.
Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.
Trump doubles steel, aluminum tariffs: What that means for you
The increased tariff hike on steel and aluminum are likely to impact consumers and companies financially given that many products like refrigerators and washing machines are made using these metals.
The increased tariff hike on steel and aluminum are likely to impact consumers and companies financially given that many products like refrigerators and washing machines are made using these metals.
Here are the states where people have the highest income in 2025, study
A new study finds that residents in these states are earning more money than others. See where your area ranks.
A new study finds that residents in these states are earning more money than others. See where your area ranks.
Trump calls on Supreme Court to clear path for federal government downsizing plans
The Trump administration argues in a new filing that federal judges had overstepped their authority by blocking their plan to shrink the government.
The Trump administration argues in a new filing that federal judges had overstepped their authority by blocking their plan to shrink the government.
Can Trump fix the national debt? GOP senators, investors and even Elon Musk have doubts
The president is touting his massive tax breaks bill to repair the U.S. debt, but some are expressing concerns if his legislation can actually trim the nation's deficit.
The president is touting his massive tax breaks bill to repair the U.S. debt, but some are expressing concerns if his legislation can actually trim the nation's deficit.
These cities have the highest percentage of 'rich renters' as housing prices rise
Across the United States, the income needed to afford a median-priced home has gone up 36.9% since 2019, though the average cost of rent is up 28.1%.
Across the United States, the income needed to afford a median-priced home has gone up 36.9% since 2019, though the average cost of rent is up 28.1%.
What's next for Trump’s tariffs after federal court ruling?
A judge’s panel ruled that the president overstepped his authority when he invoked an emergency-powers law to declare a national emergency to enforce his tariffs.
A judge’s panel ruled that the president overstepped his authority when he invoked an emergency-powers law to declare a national emergency to enforce his tariffs.
Americans face challenges covering utility bills due to 'energy poverty,' study finds
A recent study shows that more Americans are having to sacrifice certain basic needs to afford their utility bills.
A recent study shows that more Americans are having to sacrifice certain basic needs to afford their utility bills.
Macy's profit and sales slip impacting profit forecast for 2025
The retail giant saw a dip in its sales during the first quarter as it grapples with tariffs and consumers cutting back on spending.
The retail giant saw a dip in its sales during the first quarter as it grapples with tariffs and consumers cutting back on spending.
Child care cost the most in these states in 2024, analysis found
The steep cost of child care in America is weighing on parents all over the country, but those in these particular states were found to feel the pinch the most.
The steep cost of child care in America is weighing on parents all over the country, but those in these particular states were found to feel the pinch the most.