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Trump has said tariff revenue may allow Americans to stop paying income taxes. The math doesn’t add up

By Louis Jacobson, PolitiFact

The federal income tax brought in about $2.4 trillion in 2024, which is more than 14 times what Trump’s second-term tariffs are generating.

U.S. filings for jobless benefits fall to lowest level since mid-2022

By Matt Ott, Associated Press

The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the Labor Department reported Thursday. That’s the lowest level since September 24, 2022, when claims came in at…

What experts want you to know about the Trump accounts and a new massive donation

By Hannah Grabenstein

Experts say the massive donation is a boon to children, but concerns remain with the structure of the accounts.

Costco becomes biggest company demanding refunds on Trump tariffs

By Paul Wiseman, Associated Press

Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s most sweeping import taxes.

What’s next for U.S. retailers after the Thanksgiving shopping weekend

By Anne D'Innocenzio, Associated Press

The nation’s shoppers may feel gloomy about the economy, but they certainly were in the mood to shop over the five-day Thanksgiving weekend that wrapped up on Cyber Monday.

Starbucks to pay $35M to NYC workers in settlement as ongoing strike draws Mamdani and Sanders to picket line

By Jennifer Peltz, Associated Press

Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily cut their hours, city officials announced Monday.

Minimalist Prada buys maximalist Milan rival Versace for $1.4 billion

By Colleen Barry, Associated Press

The highly anticipated deal is expected to relaunch Versace’s fortunes, after middling post-pandemic performance as part of the U.S. luxury group Capri Holdings.

WATCH: Trump says the word ‘affordability’ is a ‘con job’ by the Democrats

By Steff Staples

President Trump suggested that the rising cost of living in the United States is a "fake narrative" that is being pushed by Democrats.

Global economy projected to grow 3.2% this year, more than expected despite U.S. trade war

By Paul Wiseman, Associated Press

The OECD also raised its forecast for U.S. growth this year – to 2%, up from the 1.6% it had forecast in June.

WATCH: Dell family pledges more than $6 billion for U.S. children to build on ‘Trump accounts’

By Thalia Beaty, Associated Press

Billionaires Michael and Susan Dell pledged $6.25 billion Tuesday to provide 25 million American children 10 and under an incentive to claim the new investment accounts for children created as part of President Donald Trump’s tax and spending legislation.