Nissan increases job cuts to 20K by 2027
The Japanese automaker aims to save $3.4 billion by 2027 amid financial losses and concerns over President Donald Trump's tariffs.
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.
Arizona lawmakers discuss tariffs, economy, livelihoods
Arizona lawmakers are sharing their views on President Trump's tariffs and their potential impact on the U.S. economy's health. FOX 10's Lauren Clark has more.
Social media food videos about 'recession recipes' are going viral
Some videos focused on "recession" or "budget" meals and recipes have cropped up on the popular social media platform TikTok in recent months.
The U.S. economy & 'Snake Man' | Newsmaker
In this edition of Newsmaker, John Hook interviews ASU Professor Hitendra Chaturvedi on President Trump's economic impact, followed by a conversation with Tim Friede, known as "Snake Man."
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.
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.
President Trump's 100-day scorecard
As President Donald Trump hits his 100th day in office, his progress is measured against his campaign promises.
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.
Tariff poll: How much economic "disruption" Americans will tolerate
A growing number of Americans are skeptical that President Trump’s tariffs on U.S. trading partners will benefit the economy, according to a new Gallup poll.
Economic uncertainty leads to increase sales of gold and silver at pawn shops
With gold prices at record highs, many in the Valley are seeing an opportunity to sell their precious metals for extra cash.
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.
Here's what Americans think about Trump's tariffs, according to new poll
A recent poll finds that many Americans worry that the U.S. may be facing a recession because tariffs will cause prices to increase.
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.
Trump reportedly ponders $5K baby bonus as US fertility rate remains near record low
The Trump administration is reportedly looking at ways to incentivize having a baby to increase the U.S. birth rate, which remains near a record low according to newly-released CDC data.