What is stagflation? Why the Fed is facing tough decisions this week
As the Federal Reserve meets this week, officials are facing growing concerns about stagflation—a mix of high inflation and a slowing economy. With interest rate cuts expected, the Fed must navigate uncertainty about rising prices, tariffs, and consumer confidence.
As the Federal Reserve meets this week, officials are facing growing concerns about stagflation—a mix of high inflation and a slowing economy. With interest rate cuts expected, the Fed must navigate uncertainty about rising prices, tariffs, and consumer confidence.
Starbucks ordered to pay $50M after tea spill burns LA delivery driver
A Los Angeles delivery driver was awarded $50 million after a Starbucks tea spilled in his lap at a drive-through in February 2020, causing severe burns and permanent disfigurement.
A Los Angeles delivery driver was awarded $50 million after a Starbucks tea spilled in his lap at a drive-through in February 2020, causing severe burns and permanent disfigurement.
All the things that a perfect NCAA bracket can win you
As March Madness kicks off, millions of Americans are filling out NCAA tournament brackets, despite the near-impossible odds of a perfect pick.
As March Madness kicks off, millions of Americans are filling out NCAA tournament brackets, despite the near-impossible odds of a perfect pick.
Senate passes Trump’s budget plan with help from some Dems
The Senate passed a six-month spending bill Friday, hours before a government shutdown.
The Senate passed a six-month spending bill Friday, hours before a government shutdown.
Several states seek end to property taxes: Shouldn't have to 'rent from the government'
Levies on migrants' wires to foreign countries could help fill the gap, one lawmaker said.
Levies on migrants' wires to foreign countries could help fill the gap, one lawmaker said.
Time is running out for taxpayers to claim $1B in refunds from 2021
The IRS is warning the public that $1 billion in unclaimed 2021 tax refunds remain because about 1 million taxpayers haven't filed tax returns for that tax year as an April 15 deadline looms.
The IRS is warning the public that $1 billion in unclaimed 2021 tax refunds remain because about 1 million taxpayers haven't filed tax returns for that tax year as an April 15 deadline looms.
$33T worth of US homes at 'major' risk of flood, wind or fire
New data finds $33 trillion in U.S. homes are at a major risk from fire, flood and wind. These metro areas face the highest-valued properties at risk.
New data finds $33 trillion in U.S. homes are at a major risk from fire, flood and wind. These metro areas face the highest-valued properties at risk.
Wall Street tumbles 10% below its record
Wall Street's S&P 500 hit a new record high on Thursday, tumbling 10% below its record, which was just set last month. LiveNOW's Austin Westfall breaks it down with Rogers Healy, CEO of Morrison Seger Venture Capital Partners.
Wall Street's S&P 500 hit a new record high on Thursday, tumbling 10% below its record, which was just set last month. LiveNOW's Austin Westfall breaks it down with Rogers Healy, CEO of Morrison Seger Venture Capital Partners.
DOGE cuts threaten IRS free tax-filing program: What to know
IRS Direct File is only in its second year of letting taxpayers file directly with the IRS online, but it may be a casualty of Elon Musk’s DOGE.
IRS Direct File is only in its second year of letting taxpayers file directly with the IRS online, but it may be a casualty of Elon Musk’s DOGE.
USDA cancels $1 billion in funding for schools and food banks to buy food from local suppliers
The USDA funding cuts could impact school lunch programs nationwide. Here’s what we know.
The USDA funding cuts could impact school lunch programs nationwide. Here’s what we know.
Trump's 25% tariffs on all steel and aluminum imports take effect
President Donald Trump has officially increased tariffs on all steel and aluminum imports to 25%. Canada announced retaliatory tariffs in response. Here's what to know.
President Donald Trump has officially increased tariffs on all steel and aluminum imports to 25%. Canada announced retaliatory tariffs in response. Here's what to know.
CPI February update: Egg prices up another 10% though inflation cools
February's CPI report showed egg prices were once again the most volatile, increasing by an average of 10.4% last month. Here's what else it showed.
February's CPI report showed egg prices were once again the most volatile, increasing by an average of 10.4% last month. Here's what else it showed.
Trump?s tariffs on steel, aluminum go into effect
President Donald Trump?s 25% tariff increase on all steel and aluminum imports officially took effect on Wednesday, the latest move in the administration?s plans to reshape global trade norms in favor of U.S. manufacturing. The action prompted retaliation from the European Commission, which announced shortly after Trump's tariffs took effect that it would impose counter tariffs on the equivalent of $28 billion worth of U.S. goods starting next month. "We regret the unjustified US 25% tariff on steel and aluminium imports. The EU will protect its consumers and businesses," the Commission said in a statement. "We are launching swift, proportionate countermeasures worth up to ($28 billion), matching the economic impact of the US tariffs."
President Donald Trump?s 25% tariff increase on all steel and aluminum imports officially took effect on Wednesday, the latest move in the administration?s plans to reshape global trade norms in favor of U.S. manufacturing. The action prompted retaliation from the European Commission, which announced shortly after Trump's tariffs took effect that it would impose counter tariffs on the equivalent of $28 billion worth of U.S. goods starting next month. "We regret the unjustified US 25% tariff on steel and aluminium imports. The EU will protect its consumers and businesses," the Commission said in a statement. "We are launching swift, proportionate countermeasures worth up to ($28 billion), matching the economic impact of the US tariffs."
U.S., Canada continue to wrestle on tariffs
Edmund Zagorin, Chief Strategy Officer and Founder of Arkestro, joins LiveNOW's Austin Westfall to break down the latest on the tariffs fight between the U.S. and Canada.
Edmund Zagorin, Chief Strategy Officer and Founder of Arkestro, joins LiveNOW's Austin Westfall to break down the latest on the tariffs fight between the U.S. and Canada.
Trump reverses new tariffs threat on Canada
Political strategist David Grasso joins LiveNOW's Christina Evans to discuss President Donald Trump's reversal of new tariffs on Canada.
Political strategist David Grasso joins LiveNOW's Christina Evans to discuss President Donald Trump's reversal of new tariffs on Canada.
‘Recession brunette’ hair trend grows amid rising financial concerns
More women are embracing their natural hair color, sparking a ‘recession brunette’ trend driven by financial concerns and a shift toward low-maintenance beauty.
More women are embracing their natural hair color, sparking a ‘recession brunette’ trend driven by financial concerns and a shift toward low-maintenance beauty.
Renting is now cheaper than owning, data shows: See the list of top markets
A new analysis shows that renting is cheaper than owning a home in all of the 100 largest US metros. See the cities where the gap is widest and what this means for renters and buyers.
A new analysis shows that renting is cheaper than owning a home in all of the 100 largest US metros. See the cities where the gap is widest and what this means for renters and buyers.
Southwest charging for bags, and other airline changes in recent months
Southwest has made major changes to its policies in recent months, including the most recent of charging for checked bags. Here’s a look.
Southwest has made major changes to its policies in recent months, including the most recent of charging for checked bags. Here’s a look.
"Transition period" coming for economy, says Trump
Alissa Coram of Investor?s Business Daily joins LiveNOW from FOX to discuss a "transition period" in the American economy as the Trump administration remakes import and export tax policy.
Alissa Coram of Investor?s Business Daily joins LiveNOW from FOX to discuss a "transition period" in the American economy as the Trump administration remakes import and export tax policy.
Late car payments rise to highest level in over 30 years
High car prices and elevated interest rates have strained auto loan borrowers.
High car prices and elevated interest rates have strained auto loan borrowers.