Fed rate and tariffs: Why interest is unchanged again, and what it means for you
Despite the Trump administration’s push for a rate cut, The Fed announced Wednesday it’s holding steady – and the president’s tariffs were a big deciding factor.
This is every Southern California county's median household income in 2025
Residents in the top three California counties make a median income of $186,600.
Business owner facing steep tariffs tests whether people will pay for 'Made in USA'
A business offered customers a choice between a foreign-made product or the same item made in the U.S. at a much higher cost - and was overwhelmed by the results.
Subway closed 600 locations last year; 7,600 since 2015: Report
Subway closed 600 locations in 2024, dropping below 20,000 restaurants for the first time in 20 years.
Here's how much Americans need to earn to afford the median-priced home
Prices for homes are high in most markets, increasing the need for consumers to make more money to buy their next house based on a recent report.
McDonald's sees unexpected drop in customers amid economic uncertainty
McDonald’s restaurants sales in the U.S. dipped in the first part of the year, marking the burger chain's largest decline since 2020.
Senate fails to block Trump’s global tariffs
Senate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by Donald Trump earlier this month.
‘Common Cents Act’ would direct Mint to end production of the penny
New legislation - the Common Cents Act - was introduced this week to eliminate the production of pennies, which the Treasury says cost 4 times their value to make.
California bill could slash rooftop solar credits
More than two million homeowners and businesses in California have rooftop solar panels. A new bill being considered in Sacramento could significantly reduce the credits they receive for the solar energy they generate.
Is Amazon showing tariff costs? How Shein and Temu are handling Trump’s changes
President Trump’s tariff and customs changes have begun affecting how many Americans shop online. Here’s what Amazon, Shein and Temu are saying amid rising operating costs.
Social Security May payment schedule: Here's when beneficiaries will get their checks
Here is the May Social Security payment schedule for retirement, disability, and survivor beneficiaries, as well as those who receive Supplemental Security Income (SSI).
Trump touts ‘most successful first 100 days of any administration’ during Michigan rally
President Trump celebrated the 100th day of his second term with a campaign-style rally in Michigan, doubling down on mass deportations, tariffs, and personal attacks against critics.
How is the economy after Trump's first 100 days?
As President Donald Trump marks his first 100 days in office, he highlighted economic growth and falling inflation, even as reports show a slowdown.
Trump eases auto tariffs in bid to boost US manufacturing
President Trump signed an executive order easing some of his 25% tariffs on autos and auto parts, aiming to support U.S. automakers and manufacturing jobs.
Amazon tariff price report addressed by White House: ‘Hostile and political’
The White House came after Amazon Tuesday morning over a report that the shopping giant will begin showing tariff costs in its prices.
UPS to cut 20,000 jobs, close some facilities
The delivery company said it expects to make the job cuts this year.
Hollywood film production drastically declines as workers struggle to make ends meet
Iconic studio lots are quieter than ever as film and television production in Los Angeles hits historic lows. Gov. Newsom proposed a $750 million annual tax credit to keep jobs in LA.
US existing home sales fall more than expected in March
Home sales dropped 5.9% last month to a seasonally adjusted annual rate of 4.02 million units, the National Association of Realtors said this week.
California is now 4th largest economy in the world, new data shows
New data shows California has overtaken Japan as the 4th largest economy in the world, Gov. Gavin Newsom announced Wednesday.
Trump's approval rating on economy is his lowest ever
Americans are concerned with the direction that the economy is heading in with some of their major concerns being inflation and tariffs.