Economy
Mike Pence Pushes Back on Trump's Assertion That Young Girls Only Need '2 or 3' Dolls: 'Really Part of the American Dream'
Pence publicly broke with Trump over the administration's approach to trade and recent suggestion that children can simply "live with less" amid rising prices.
Treasury Secretary Falters as Democratic Lawmaker Asks Who Pays Tariffs: 'It's a Very Complicated Question'
Rep. Mark Pocan (D-WI) was clearly unsatisfied with the stumbling response from Treasury Secretary Scott Bessent when asked who pays tariffs.
GOP Lawmaker Ridiculed for Insisting Americans Should 'Understand Shared Sacrifice' When it Comes to China Tariffs: 'What a Joke'
A GOP lawmaker responded to President Trump's recent remark that girls should have less dolls by insisting "American people understand shared sacrifice."
Trump Mocked for 'Ignorant' Logic for 'Saving Hundreds of Billions of Dollars' as Tariff War With China Continues: 'Who Taught Him Math'
Donald Trump's logic was labeled questionable by users as he assured Americans that the economy is "doing great" as high tariffs impact trade with China.
Trump Expects 'Array of Benefits' From Trade Deals With Countries Seeking To Avoid Revenge Tariffs: Report
The White House expects to announce at least one trade deal this week, a new report reveals
Democrats Urged To Present Alternative To Trump's Economy As Approval Rates Slide: 'Time To Provide Real Solutions'
A focus group of voters who supported Trump in the last elections shows them increasingly frustrated with the state of the economy. Now Democrats are being urged to capitalize on the situation
Trump's Billionaire Pals Have Lost Nearly $200 Billion Since Scoring Prime Seats at Inauguration: Report
Elon Musk, who invested nearly $300 million into getting Donald Trump elected ahead of his second term, has lost nearly $50 billion since January.
From Optimizing to Sacrificing: Trump Tariffs Push U.S. Consumers to Tighten Their Wallets
A new study by the Kearney Consumer Institute finds that more than half of U.S. shoppers are cutting back due to fear of trade disputes
Trump Pitches New Legal Path for 'Great' Undocumented People Who Self Deport: "We're Going to Give Them Some Money and a Plane Ticket"
President Donald Trump has proposed a self-deportation plan that would provide undocumented immigrants who choose to leave the United States voluntarily with financial assistance and airfare
Mexico Reacts to 21% Trump Tariff on its Tomatoes: "Your Salads Will Cost More"
Mexico seeks to block a 21% anti-dumping tariff on its tomatoes, warning American consumers could see higher prices on everyday staples like ketchup and produce starting July 14.
Fox Business Analyst Says 'White House Capitulated' On Tariffs: 'It's Because Of The Bond Market'
Fox Business senior correspondent Charlie Gasparino detailed the reason why Trump announced a reprieve on tariffs for all countries but China
Fox News Pushes Back Against Trump as Tariffs Tank Small Business: 'Tariffs Are Being Paid by Americans'
"Fox & Friends" co-host Steve Doocy issued a warning to Americans after a small business owner in Idaho saw his tariffs on an order increase from $26,000 to nearly $350,000 overnight.
Musk's AI Chatbot Warns Trump Tariffs Could 'Cause a Recession' as Markets Face Worst Stretch Since 2008
Elon Musk's AI chatbot, Grok, has warned that President Donald Trump's recent tariffs could lead to a global recession.
Former Treasury Secretary Says Families Will Lose At Least $5,000 As a Result of Trump's Tariffs
Former Treasury Secretary Larry Summers said the U.S. will likely enter a recession and lose 2 million additional jobs as a result of Trump's tariffs
Trump Official Insists Tariff Negotiations Had 'Nothing to Do With' Stock Market Tanking for Several Days
Scott Bessent defended Trump's approach to global trade talks, insisting the stock market's recent plunge had nothing to do with ongoing tariff negotiations.
Trump Hoped Economy Would Crash Under Biden in Resurfaced Clip as Markets Continue to Plummet
A clip of Trump expressing hope that the economy would crash before his second term has resurfaced as global markets suffer their worst downturn in years.
Trump Tells People To Not Be 'Stupid' As Markets Continue To Crash As a Result Of Tariffs: 'Don't Be a PANICAN'
Donald Trump told Americans to not be "weak" and "stupid" as he continues to defend his tariffs despite a three-day-long market crash
US' Chances of Recession Inch Dangerously Close to 50 Percent As Trump Backs Sweeping Tariff Play
Goldman Sachs placed the chances of a recession at 45% as the impact of Trump's tariffs continue to roil markets
Top Investors Slam Trump's Tariffs as Market Continues Downward Slump: 'Destroying Confidence in Our Country'
Investors have criticized Trump's tariffs, warning that the policy is causing a market downturn and threatening the U.S.'s global economic standing.
JPMorgan CEO Warns Tariffs Will Fuel Prices As Trump Doubles Down, Claims There is 'No Inflation'
JPMorgan CEO Jamie Dimon warned in his annual letter to investors that Trump's tariffs will fuel inflation and slow down growth. The message came as Trump continues to double down on his stance
Vivek Ramaswamy Promises to 'Unleash an Economic Boom' in Ohio: 'Like We Haven't Seen Since the Industrial Revolution'
The former presidential hopeful shared an X post on Friday, stating he would "unleash an economic boom in Ohio like we haven't seen since the first Industrial Revolution," accompanied by a clip outlining his ambitious plans for the state.
Trump Claims 'Big Business' Isn't 'Worried' About Tariffs, Is Focused on 'Big Beautiful Deal' That Will 'Supercharge' the Economy
Despite the stock market nosediving this week, President Donald Trump doubled down on his tariffs and teased a "big beautiful deal" in a Truth Social post shared Friday.
Republican Lawmaker Ridiculed for Suggesting Ditching China's 'Cheap Goods' Will Help Families: 'Kids Don't Need Toys, They Need Tariffs'
Rep. Riley Moore defended Donald Trump's escalating trade war with China, claiming higher prices on imported goods will be worth it for American families.
Nintendo Fans Blame Trump After Switch 2 Delayed in U.S. Due to Tariffs: 'Worst President of US History'
Nintendo fans reacted to an announcement that the company would delay preorders for the highly anticipated Switch 2 console in the US—citing Trump's tariffs.
Trump Boosts Claim That He's Crashing the Stock Market 'On Purpose' Days After Announcing Tariff Plan
On Friday, Trump shared claims that he is intentionally crashing the stock market in what one called "a wild chess move," within his "genius" economic strategy.
House Democrats Slam Republicans as 'Complicit Cowards': 'They Would Rather Plunge the US Into a Recession'
House Democrats slammed Republicans for blindly following President Donald Trump's impending reciprocal tariffs.
Republican Senator Insists 'Buy Stocks Today' as Market Suffers Steepest Losses in Years
As Wall Street reels from one of its worst trading days in years, Sen. Bernie Moreno (R-OH) insisted that now is the time to buy stocks.
Commerce Secretary Ridiculed For Urging Americans to 'Trust Trump' Because He 'Knows What He's Doing': 'He Can't Even Run a Casino'
Howard Lutnick defended Trump amid stock market turmoil, urging Americans to "trust Trump" to handle the economy despite his history of business bankruptcies.
Commerce Secretary Lutnick Says Employment Will Start 'Leaping' Immediately After Trump's Tariffs
Commerce Secretary Howeard Lutnick Defended Donald Trump's tariffs, saying the people will start seeing positive impacts immediately
Most Americans Say Trump Focuses Too Much on Tariffs, Not Enough on Lowering Prices: Poll
Only a quarter of Americans say Trump's policies are improving their finances, while nearly twice as many say they are worse off, according to a new poll by CBS News