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Economy

Latest updates on the U.S. economy.

Pleasanton-based Workday announces it will cut 1,750 jobs

Pleasanton-based Workday announces it will cut 1,750 jobs

Workday, the payroll and HR company based in Pleasanton, announced on Wednesday that it is cutting 8.5 percent of its workforce as it invests more in AI. 

February 5, 2025 6:13am PST
China responds to Trump's tariffs: See the list

China responds to Trump's tariffs: See the list

China has announced retaliatory tariffs on select American imports and an antitrust investigation into Google.

February 4, 2025 6:39am PST
Trump tariffs on Mexico, Canada delayed for 30 days amid border negotiations

Trump tariffs on Mexico, Canada delayed for 30 days amid border negotiations

President Donald Trump delayed planned tariffs on Mexico and Canada for 30 days after both countries agreed to strengthen border security.

February 3, 2025 1:51pm PST
Trump tariffs: Here's what could get more expensive for Americans

Trump tariffs: Here's what could get more expensive for Americans

Mexico tariffs are paused for a month, while import taxes begin Tuesday for Canada and China.

February 3, 2025 8:54am PST
Tariffs could cause 'some pain' for Americans, Trump says

Tariffs could cause 'some pain' for Americans, Trump says

President Donald Trump insists tariffs on our closest neighbors are needed to “protect Americans," but he conceded Sunday that they might also cause “some pain."

February 2, 2025 10:12am PST
Trump tariffs latest: China to file lawsuit for 'wrongful practices of US'

Trump tariffs latest: China to file lawsuit for 'wrongful practices of US'

Trump argues the tariffs are necessary to “protect Americans” and to curb the export of fentanyl. But for our North American neighbors, the move sparked an undeniable sense of betrayal.

February 2, 2025 6:48am PST
Trump signs tariff order; Mexico and Canada retaliate

Trump signs tariff order; Mexico and Canada retaliate

Hours after President Trump signed the order Saturday, Mexican President Claudia Sheinbaum ordered retaliatory tariffs. Here's what to know.

February 1, 2025 6:53pm PST
Trump tariffs on Mexico, Canada and China will start Saturday, WH says

Trump tariffs on Mexico, Canada and China will start Saturday, WH says

Experts say the tariffs, which begin Feb. 1, are like launching “a grenade" into the economy.

January 31, 2025 2:14pm PST
10 things that could cost more under new tariffs

10 things that could cost more under new tariffs

A 25% tariff on imports from Canada and Mexico, plus additional tariffs on China, could drive up prices on everything from gas and groceries to smartphones and cars.

January 31, 2025 12:51pm PST
US tariffs on Canada and Mexico begin Saturday—what it means for gas prices

US tariffs on Canada and Mexico begin Saturday—what it means for gas prices

President Donald Trump’s 25% tariffs on Canada and Mexico begin Saturday, but he hasn’t decided whether to include oil imports— a move that could affect gas prices despite his pledge to cut energy costs.

January 30, 2025 3:33pm PST
Did Trump freeze food stamps (SNAP), Social Security, Medicare, and Medicaid?

Did Trump freeze food stamps (SNAP), Social Security, Medicare, and Medicaid?

A federal judge temporarily blocked President Donald Trump's attempt to pause funding for federal grants and loans. But are food stamps (SNAP), Social Security, Medicare, and Medicaid safe?

January 29, 2025 2:45pm PST
Live updates: Federal funding freeze; 1st White House press briefing; buyouts

Live updates: Federal funding freeze; 1st White House press briefing; buyouts

The latest on President Trump's attempt to pause federal loans and grants as his administration reviews spending, plus other latest details from the administration on Tuesday.

January 28, 2025 6:45pm PST
Is FAFSA paused? What we know about federal loan freeze

Is FAFSA paused? What we know about federal loan freeze

The federal funding freeze, issued by President Donald Trump, is scheduled to take effect Tuesday.

January 28, 2025 2:28pm PST
These are the best-performing cities in America, report says

These are the best-performing cities in America, report says

A new report shows which U.S. cities are booming, and which ones are lagging.

January 17, 2025 10:15am PST
1 in 5 job postings aren’t real, recent study finds

1 in 5 job postings aren’t real, recent study finds

Greenhouse analysis reveals nearly 20% of job postings are “ghost jobs," with no hiring activity, impacting job seekers across industries.

January 14, 2025 5:27pm PST
Trump proposes 'External Revenue Service' to collect tariffs

Trump proposes 'External Revenue Service' to collect tariffs

The president-elect announced the proposed agency on his social media platform writing that the U.S. “will begin charging those that make money off of us with Trade, and they will start paying."

January 14, 2025 10:54am PST
US economy added 256K jobs in December, well above expectations

US economy added 256K jobs in December, well above expectations

The unemployment rate came in at 4.1%, slightly lower than economists' expectations.

January 10, 2025 2:03pm PST
These are the fastest-growing jobs in the US, LinkedIn says

These are the fastest-growing jobs in the US, LinkedIn says

As the new year gets underway, some Americans may be on the hunt for new jobs. The 2025 edition of LinkedIn’s "Jobs on the Rise" report identified positions that have seen major growth.

January 8, 2025 3:56am PST
Trump denies report about changes to tariff plans

Trump denies report about changes to tariff plans

President-elect Donald Trump says he is not backtracking from his original tariff plan.

January 6, 2025 4:40pm PST
Millions to get higher Social Security payments under new law

Millions to get higher Social Security payments under new law

Americans may be eligible for higher Social Security checks after a new law revokes rules that reduced benefits for public employees with state pensions.

January 6, 2025 4:24pm PST
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2025 Holiday Shipping Deadlines: USPS, FedEx, UPS important dates to remember

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Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

SCOTUS will allow Texas to use redrawn congressional map for 2026 election

SCOTUS will allow Texas to use redrawn congressional map for 2026 election

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

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Disneyland releases 2026 event calendar

Disneyland releases 2026 event calendar

Pastor at a church in Torrance accused of trying to meet with minor for sex

Pastor at a church in Torrance accused of trying to meet with minor for sex

'Kissing Club' assaults on 8-year-old hidden by LA's elite Sierra Canyon School, lawsuit claims

'Kissing Club' assaults on 8-year-old hidden by LA's elite Sierra Canyon School, lawsuit claims

Bulldozers move into Marina del Rey encampment after months of complaints

Bulldozers move into Marina del Rey encampment after months of complaints

California police warn of new trend among criminals stealing cars

California police warn of new trend among criminals stealing cars

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