Trump says he won’t fire Fed chair, days after hinting otherwise and triggering market dip
President Trump said Tuesday he does not plan to fire Federal Reserve Chair Jerome Powell, easing market fears after earlier threats to remove him triggered a selloff.
President Trump said Tuesday he does not plan to fire Federal Reserve Chair Jerome Powell, easing market fears after earlier threats to remove him triggered a selloff.
Ex-Home Depot CEO warns Trump’s supply chain gamble may take decades
Former Home Depot CEO Bob Nardelli said Trump has taken on the 'most difficult and challenging initiative in the history of our globe.'
Former Home Depot CEO Bob Nardelli said Trump has taken on the 'most difficult and challenging initiative in the history of our globe.'
Americans' economic, financial expectations sink in April
A new Gallup poll shows a sharp decline in Americans' confidence in the economy and their personal finances. d
A new Gallup poll shows a sharp decline in Americans' confidence in the economy and their personal finances. d
Bass proposes cutting over 1,600 city jobs amid budget deficit
Los Angeles Mayor Karen Bass has proposed laying off more than 1,600 government workers in an attempt to close a nearly $1 billion budget gap.
Los Angeles Mayor Karen Bass has proposed laying off more than 1,600 government workers in an attempt to close a nearly $1 billion budget gap.
DHL to halt global shipments over $800 to US due to new customs rules
The multinational logistics company DHL Express said it would suspend global shipments worth more than $800 to American consumers.
The multinational logistics company DHL Express said it would suspend global shipments worth more than $800 to American consumers.
Americans considering filing for bankruptcy hits highest level since pandemic
Growing concerns about tariffs and debt were some of the reasons people looked into bankruptcy filings, a recent report shows.
Growing concerns about tariffs and debt were some of the reasons people looked into bankruptcy filings, a recent report shows.
Mortgage rates jump as tariffs hit markets; biggest spike in nearly a year
The average rate on the 30-year fixed mortgage rose this week, according to the latest Freddie Mac data. Here's what to know.
The average rate on the 30-year fixed mortgage rose this week, according to the latest Freddie Mac data. Here's what to know.
Trump's tariffs raise concerns for LA's family-owned businesses
One local business believes Donald Trump's trade war with China could get "really bad within days or weeks."
One local business believes Donald Trump's trade war with China could get "really bad within days or weeks."
March 2025 data shows home values flattening as sellers outnumber buyers
March 2025 saw more homes hit the market than buyers were ready for, flattening price growth and increasing inventory to the highest level since 2020.
March 2025 saw more homes hit the market than buyers were ready for, flattening price growth and increasing inventory to the highest level since 2020.
Rent remains high across the U.S. despite months of declines, study finds
The average cost of rent spiked nationwide and housing in certain cities could be impacted by tariffs, according to a new report.
The average cost of rent spiked nationwide and housing in certain cities could be impacted by tariffs, according to a new report.
Can Trump fire the fed chair? President lashes out at Powell for economic outlook
President Trump has hinted that he wants to fire Federal Reserve Chair Jerome Powell for his economic outlook and refusal to lower interest rates. Can he do that?
President Trump has hinted that he wants to fire Federal Reserve Chair Jerome Powell for his economic outlook and refusal to lower interest rates. Can he do that?
Temu and Shein, both founded in China, raising US prices due to tariffs
Temu and Shein plan to raise prices for U.S. customers starting next week amid Trump’s tariff on goods shipped from China.
Temu and Shein plan to raise prices for U.S. customers starting next week amid Trump’s tariff on goods shipped from China.
US cities with the most affordable rent in 2025
The cities with the most affordable rent were those that had rent as low as 15% of the median income.
The cities with the most affordable rent were those that had rent as low as 15% of the median income.
China’s economy grew 5.4% before US tariffs hit; slowdown likely, analysts warn
China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.
China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.
Billionaire hedge fund manager warns tariffs could trigger conditions 'worse than a recession'
Billionaire hedge fund manager Ray Dalio said that the U.S. economy could experience something "worse than a recession" if current economic and financial challenges aren't handled well.
Billionaire hedge fund manager Ray Dalio said that the U.S. economy could experience something "worse than a recession" if current economic and financial challenges aren't handled well.
China halts Boeing jet orders after Trump slaps 145% tariffs on goods
Boeing has delivered aircraft to multiple Chinese airlines this year, but the airline companies were told not to accept any more deliveries.
Boeing has delivered aircraft to multiple Chinese airlines this year, but the airline companies were told not to accept any more deliveries.
Forever 21 gift cards set to expire Tuesday as retailer shuts down US stores
Forever 21 customers must use gift cards and store credit by the end of Tuesday as the retailer winds down its U.S. operations after filing for bankruptcy for the second time.
Forever 21 customers must use gift cards and store credit by the end of Tuesday as the retailer winds down its U.S. operations after filing for bankruptcy for the second time.
List: The cities most affected by inflation in 2025
A recent study shows that some cities across the country are impacted more by inflation than others. Here's where your area ranks on the list.
A recent study shows that some cities across the country are impacted more by inflation than others. Here's where your area ranks on the list.
More condos in US are selling below list price
Over half of the condos sold earlier this year were for less than the asking price, which is higher compared to last year’s sales, a new report finds.
Over half of the condos sold earlier this year were for less than the asking price, which is higher compared to last year’s sales, a new report finds.
US corporate bankruptcies rise to highest Q1 level since 2010
Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker balance sheets struggled to make debt payments.
Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker balance sheets struggled to make debt payments.