Oil prices could spike amid US strikes on Iran nuclear sites. What we know

Oil prices may change after the United States’ involvement in the Israel-Iran war. Some experts warn that possible retaliation by Iran could interrupt the influx of crude oil, which may harm global economies.

California stands to lose $278 billion without undocumented workers: report

A new report has found that the economic impact of the federal government’s mass deportations in California could result in a loss of more than $278 billion for the Golden State.

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.

Paramount slashes jobs as streaming wars intensify

Paramount said it is focused on "reducing our headcount in finance, legal, technology and other support functions."

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.

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.

Trump's 'big, beautiful' bill is a 'disgusting abomination,' Elon Musk now says

Elon Musk has strongly criticized President Donald Trump’s sweeping tax-and-spending bill, calling it a “disgusting abomination" and urging lawmakers to reject it.

Appeals court temporarily reinstates Trump tariffs

The appeals court temporarily halted the order from a federal trade court issued a day before.

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.

Southwest Airlines baggage fee changes in effect: What you need to know

It's the end of an airline industry mainstay: Southwest Airlines had touted its no-baggage fees for decades. But all of that is coming to an end. 

These companies expect to raise their prices due to Trump tariffs

Some of the biggest retailers have announced increases on the price of their products to offset tariff costs. Here’s what we know.

Trump delaying 50% tariff on European Union

The president said Sunday he’s agreed to delay a 50% tariff on the EU that he threatened last week, after saying negotiations with the commission were “going nowhere.”