Economy
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Report finds Americans are still paying off credit debt from last Christmas
Study was done by WalletHub.
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U.S. economy sets 2-year high for growth, exceeding analysts' expectations by more than 40%
Plunge in private business investment from second quarter nearly stopped in third quarter, down just 0.3%, Commerce Department says.
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Consumer prices increased in November at annualized rate of 2.7%, lower than expected
The rate was lower than the projected 3.1% by Wall Street.
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Trump says Vietnam seeks deal to eliminate president's recently imposed tariffs
Trump said he looked forward to meeting with To Lam in the future, but did not give a specific date.
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Stock markets open with Dow down more than 1,000 points, after China's 34% tariff on US imports
The Dow closed Thursday down more than 1,600 points
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Labor Department reports 228K jobs added in March to US economy, nearly double expectations
The department's Bureau of Labor Statistics also reports the unemployment rate for last month was 4.2%, up slightly from February.
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Ford announces lower model prices following Trump's 25% tariffs on non-American-made vehicles
The automobile manufacturer is offering what it coined a “handshake deal with every American,” one day following the imposition of 25% tariffs on non-American-made vehicles.
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US financial markets opens with sharp drops after Trump's big tariffs announcement
As of Thursday, the Dow Jones Industrial Average is down 1150 points.
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You Vote: Do you approve of President Trump's 'Liberation Day' plan regarding tariffs?
Trump vowed the reciprocal tariffs will tilt global commerce back to America's advantage after decades of trade deficits.
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'Liberation Day': Trump to announce tariff plans in Rose Garden spectacle
Ahead of the Rose Garden event, moreover, he unveiled a 25% tariff on auto imports that earned praise from union workers, including from United Auto Workers (UAW) leaders who, hewing to political tradition, opposed his candidacy.
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Israel moves to drop all tariffs on U.S. imports ahead of Trump tariff moves
“The goal of the move is to promote a zero-tariff policy between the countries and maintain positive trade relations with the US,” he added.
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Kohl's to close 27 stores across U.S., including 10 in California
“While Kohl's continues to believe in the health and strength of its profitable store base, these specific locations were underperforming stores,” the department store chain said in a news release.
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Lutnick says Trump has agreed to eliminate income taxes for Americans making less than $150K
President Donald Trump previously teased eliminating the federal income tax in January, claiming that if his plans with tariffs work out then he would eliminate the federal tax.