Recession fears, tariff uncertainty prompt plunge in consumer sentiment
The University of Michigan's consumer sentiment survey showed a sharp decline this month amid President Donald Trump's tariffs, which have spurred higher inflation expectations.
Water bills rise, putting some at risk of falling into 'water debt'
Water bills are on the rise and it could cause more cash-strapped households to fall into "water debt," according to a recent report from the Bank of America Institute.
Mortgage rates tick lower for third straight week
Mortgage rates ticked slightly lower this week to 6.62%, according to the latest Freddie Mac data released on Thursday. That's down from last week's reading of 6.64%.
Veteran-owned Flags of Valor believes in American-made products: 'The foundation of everything we stand for'
Brian Steorts, combat veteran and founder of flag-making business Flags of Valor, focuses on building "American products, on American wood, with American tools, made by American hands."
Inflation increased at a slower pace in March
The Labor Department on Thursday released the March consumer price index (CPI) report, which showed inflation rose at a slightly slower pace last month, though it remains above the Fed's goal.
Trump's tariffs: What tariffs have been imposed on major trading partners or paused?
President Donald Trump announced a 90-day pause and "substantially" lower reciprocal tariffs on all countries aside from China. FOX Business breaks down what tariffs were imposed since January.
Walmart leaning into tariff uncertainty: 'Positioned to play offense'
Executives of the largest private employer in the U.S. are still confident in the business despite growing concerns from the business community around tariffs.
Walmart, Delta Air Lines warn of sales volatility, slower growth
Major corporations from retail to travel have already started to shift business plans as President Donald Trump's tariff plans against major trading partners continues to escalate.
Levi Strauss CEO says any price hikes related to tariffs will be ‘surgical’
Levi Strauss & Co. CEO Michelle Gass said if the company raises prices due to President Donald Trump's tariffs, the increases would be "very surgical."
Schumer: US should be tough on China but smart about it
Senate Minority Leader Chuck Schumer commented on President Donald Trump's tariffs and said that the United States needs to be tough on China, but smart about it.
Gas prices could fall as crude oil plummets, expert says
Consumers typically see a jump in gas prices as refineries switch to a summer-grade blend. However, this year could be different as crude oil prices are falling.
CBP set to enforce ‘Liberation Day’ tariffs, has collected over $200M per day in additional associated revenue
The Trump administration’s latest trade offensive is underway as Customs and Border Protection (CBP) begins enforcing “Liberation Day" tariffs, pulling in more than $200 million a day.
New study exposes how a blue state's 'self-inflicted' policies are responsible for high gas prices
A new study concluded that policies play a significant factor in higher gas prices in the state, whereas the governor’s office and others argue that price gouging is still a critical factor.
US economy added jobs at a faster pace in March
The U.S. economy added 228,000 jobs in March, above economists expectations, as payroll growth continued at a faster pace despite mounting economic uncertainty.
Legendary economist says Trump's tariffs could replay 'devastating history'
Legendary economist Thomas Sowell spoke about President Donald Trump's tariffs and highlighted the risk of causing an economic downturn as consumers and investors pull back amid uncertainty.
Mortgage rates tick lower for second week in a row
Mortgage rates ticked slightly lower this week to 6.64%, according to the latest Freddie Mac data released on Thursday. That's down from last week's reading of 6.65%.
DOGE cuts drive layoffs in March to highest level since pandemic
U.S. employers announced the third-most monthly layoffs on record in March, as Elon Musk's Department of Government Efficiency (DOGE) continued its efforts to cut the federal workforce.
These Florida cities could see home prices fall
Florida's housing market has seen a drop in demand as home prices and insurance rates remain elevated. However, some markets might finally see some price pressures ease.
What is the time frame for Trump's tariffs leading to price increases?
President Trump's tariffs are going to affect products imported by U.S. companies, with importing companies likely to pass on those costs to consumers through higher prices.
Buc-ee's sues Missouri-based travel stop called Barc-ee's for trademark infringement
Texas-based convenience store chain Buc-ee's alleges trademark infringement in lawsuit against a Missouri business named Barc-ee's, which is temporarily closed.