THE INTERVIEW: Trump's Big Beautiful Bill: Can the US keep borrowing? There’s always a price
With the U.S. House narrowly passing the "Big Beautiful Bill" a sweeping proposal to extend tax cuts and curb federal spending, lawmakers are once again betting that economic growth will outpace the nation’s ballooning debt.
THE INTERVIEW: Can the U.S. grow its way out of debt? Economist skeptical of Trump's big bill
The national debt stands at more than $36 trillion, and interest payments alone topping $1 trillion last year, the question of whether America can grow its way out of debt has taken center stage.
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.
Procter & Gamble cutting up to 7,000 jobs amid tariffs, consumer uncertainty
Procter & Gamble, the maker of Tide detergent and Pampers diapers, says it will cut up to 7,000 jobs over the next two years.
Detroit Grand Prix: Downtown businesses cashing in during busy event week
It has been a busy week for the Motor City after thousands of people were downtown for the Movement Festival, and now thousands are expected for the Detroit Grand Prix.
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.
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.”
Trump calls for 50% tariff on EU imports starting June 1
President Trump called for a “straight 50%” tariff on all imports from the European Union after complaining on social media that trade talks are “going nowhere.”
Walmart to lay off 1,500 employees after announcing price hikes
Walmart is restructuring its operations and cutting about 1,500 jobs as part of its new plan.
Trump tells Walmart: ‘Eat the tariffs’
President Trump lashed back at Walmart over the weekend after the retail giant said it would be increasing prices to combat his tariffs.
Walmart raising prices due to tariff costs: What we know
Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.
Microsoft to lay off about 3% of its workforce
Microsoft announced a round of layoffs this week that will affect thousands of employees.
April CPI inflation report: Egg prices decline for first time in months
Eggs got cheaper in the U.S. last month after setting records at the start of the year, according to April's CPI inflation report. Here's how some other grocery items fared.
Wayne State law professor: Suspending Habeas Corpus for immigrants unconstitutional
The Trump administration’s consideration of suspending habeas corpus rights for undocumented immigrants has sparked significant constitutional concerns.
Private sector added 62K jobs in April, well below expectations, ADP says
Private sector job growth slowed sharply in April, with companies adding just 62,000 positions—well below expectations—as employers navigated economic uncertainty, according to ADP.
Here's how many Americans now say inflation is their top financial worry
Cost of living and affording basic needs combined with inflation were among the major concerns for Americans and their families based on findings from a recent poll.
U.S. economy shrank in first quarter; first drop in three years
Economic growth in the first quarter was impacted in part by a rise in imports as U.S. companies attempted to bring in foreign goods amid the enforcement of tariffs.
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.
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.
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.