Economic impacts of Trump's high-stakes trip to China
LiveNOW’s Anna Marsick is speaking with economic strategist, Dan Varroney, as President Donald Trump arrived in Beijing this week for a high-stakes summit with Chinese President Xi Jinping. Trump’s trip was initially delayed so he could help steward the U.S. and Israeli war against Iran. According to Reuters, the meeting between Trump and China’s Xi will have a narrow focus, avoiding topics, including AI governance and market access.
LiveNOW’s Anna Marsick is speaking with economic strategist, Dan Varroney, as President Donald Trump arrived in Beijing this week for a high-stakes summit with Chinese President Xi Jinping. Trump’s trip was initially delayed so he could help steward the U.S. and Israeli war against Iran. According to Reuters, the meeting between Trump and China’s Xi will have a narrow focus, avoiding topics, including AI governance and market access.
Walmart to cut or relocate 1,000 jobs in efforts to compete with Amazon
Walmart is restructuring its staff to focus on expansion of AI and tech initiatives. The move marks a significant strategy to compete with Amazon and other retailers.
Walmart is restructuring its staff to focus on expansion of AI and tech initiatives. The move marks a significant strategy to compete with Amazon and other retailers.
Energy costs push inflation higher as war continues
LiveNOW’s Austin Westfall is speaking with economist Dr. Mike Walden as new data shows that energy costs, including gasoline, increased last month, as did the cost of food at a rate not seen since last December. This comes as inflation had been dropping more or less steadily before conflict in the Middle East began. Reports show that consumer prices were up 3.8% last month compared to April 2025.
LiveNOW’s Austin Westfall is speaking with economist Dr. Mike Walden as new data shows that energy costs, including gasoline, increased last month, as did the cost of food at a rate not seen since last December. This comes as inflation had been dropping more or less steadily before conflict in the Middle East began. Reports show that consumer prices were up 3.8% last month compared to April 2025.
Iran war triggers three-year high in US inflation
We are learning more this week as the Labor Department released its Consumer Price Index report. The new data reveals that prices for Americans continued to increase last month as the war with Iran continues. According to the U.S. Bureau of Labor Statistics, rising gas prices helped push inflation up in April in the biggest year-over-year increase since May 2023. LiveNOW’s Andy Mac is speaking with Heather Long, chief economist at Navy Federal Credit Union, as consumers wonder what types of long-term impacts are going to come from the recent rise in inflation.
We are learning more this week as the Labor Department released its Consumer Price Index report. The new data reveals that prices for Americans continued to increase last month as the war with Iran continues. According to the U.S. Bureau of Labor Statistics, rising gas prices helped push inflation up in April in the biggest year-over-year increase since May 2023. LiveNOW’s Andy Mac is speaking with Heather Long, chief economist at Navy Federal Credit Union, as consumers wonder what types of long-term impacts are going to come from the recent rise in inflation.
Young Americans stand out for job market pessimism, data shows
Young Americans' confidence in the job market has plummeted significantly, falling well below the optimism levels of older generations for the first time in years, according to a new poll.
Young Americans' confidence in the job market has plummeted significantly, falling well below the optimism levels of older generations for the first time in years, according to a new poll.
Saudi Aramco CEO warns oil markets may not recover until 2027 due to Strait of Hormuz disruptions
Saudi Aramco CEO Amin Nasser says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.
Saudi Aramco CEO Amin Nasser says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.
CPI report: April inflation jumped at fastest rate in three years
As the war in Iran carries on, prices rose for Americans in April at the fastest rate since May 2023.
As the war in Iran carries on, prices rose for Americans in April at the fastest rate since May 2023.
These cities rank as the best places to start a career in 2026, according to data
For young professionals searching for a job in a crowded market, finding an opportunity may come down to the zip code you're in, which might improve your odds of securing a job based on a recent report.
For young professionals searching for a job in a crowded market, finding an opportunity may come down to the zip code you're in, which might improve your odds of securing a job based on a recent report.
Map: How much are federal, state gas taxes?
State gas taxes are often higher than the federal gas tax, and help maintain roads and infrastructure. Here is a breakdown.
State gas taxes are often higher than the federal gas tax, and help maintain roads and infrastructure. Here is a breakdown.
Trump on suspending federal gas tax
Trump answered yes on Monday when asked if he would suspend the federal gas tax amid higher prices stemming from the war with Iran.
Trump answered yes on Monday when asked if he would suspend the federal gas tax amid higher prices stemming from the war with Iran.
Trump says he aims to suspend gas tax amid high fuel prices
President Donald Trump said on Monday morning that he aims to suspend the federal gas tax for a period of time to help address high fuel prices.
President Donald Trump said on Monday morning that he aims to suspend the federal gas tax for a period of time to help address high fuel prices.
Mother's Day 2026 food deals and discounts
Mother's Day is a special time to show appreciation and love for all the mothers in our lives. To help you celebrate, many restaurants and eateries are offering enticing free Mother's Day deals and freebies.
Mother's Day is a special time to show appreciation and love for all the mothers in our lives. To help you celebrate, many restaurants and eateries are offering enticing free Mother's Day deals and freebies.
U.S. added 115,000 jobs in April, beating expectations
Economic strategist Dan Varroney joins LiveNOW's Anna Marsick to discuss the April jobs report released Friday. 115,000 jobs were added in April, which surpassed economists' expectations. The unemployment rate held steady at 4.3 percent.
Economic strategist Dan Varroney joins LiveNOW's Anna Marsick to discuss the April jobs report released Friday. 115,000 jobs were added in April, which surpassed economists' expectations. The unemployment rate held steady at 4.3 percent.
April job cuts up nearly 40%: See which industries had the most layoffs
Job cuts last month increased by 38%, according to a recent report by Challenger, Gray & Christmas.
Job cuts last month increased by 38%, according to a recent report by Challenger, Gray & Christmas.
Shell reports nearly $7 billion profits amid war with Iran
Shell posted stronger-than-expected quarterly profits as the surge in earnings was fueled by rising global fuel prices stemming from the ongoing conflict between the U.S. and Iran.
Shell posted stronger-than-expected quarterly profits as the surge in earnings was fueled by rising global fuel prices stemming from the ongoing conflict between the U.S. and Iran.
USDA makes 1,000 arrests in SNAP abuse, will require retailers who accept SNAP to stock more nutritious foods
The U.S. Department of Agriculture (USDA) is cracking down on abuse of the Supplemental Nutrition Assistance Program (SNAP), making over 1,000 arrests in a sweeping crackdown. The USDA is also implementing changes which will require retailers who accept SNAP to stock a broader variety of nutritious food.
The U.S. Department of Agriculture (USDA) is cracking down on abuse of the Supplemental Nutrition Assistance Program (SNAP), making over 1,000 arrests in a sweeping crackdown. The USDA is also implementing changes which will require retailers who accept SNAP to stock a broader variety of nutritious food.
Elon Musk hit with $1.5M fine in Twitter disclosures settlement
Elon Musk will pay the massive fine to settle a long-running Securities and Exchange Commission lawsuit over his 2022 acquisition of Twitter. The deal resolves allegations that Musk delayed disclosing his initial stake in the company.
Elon Musk will pay the massive fine to settle a long-running Securities and Exchange Commission lawsuit over his 2022 acquisition of Twitter. The deal resolves allegations that Musk delayed disclosing his initial stake in the company.
Officials warn of banking spoof callers draining customers' accounts
Officials are warning customers about banking spoof calls that could trick them into emptying their accounts. Here's what to know.
Officials are warning customers about banking spoof calls that could trick them into emptying their accounts. Here's what to know.
Apple settlement: Owners of some iPhone models could get $95
Apple agreed to a massive multimillion dollar settlement for a class-action lawsuit in a deal that means owners may receive up to $95 for each eligible iPhone device. Here’s what you need to know.
Apple agreed to a massive multimillion dollar settlement for a class-action lawsuit in a deal that means owners may receive up to $95 for each eligible iPhone device. Here’s what you need to know.
DOJ confirms antitrust probe of major meatpackers over beef price inflation
The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices.
The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices.