Jul 08 Amazon extends Prime Day discounts as retailers weigh tariffs and price increases By Anne D'Innocenzio, Associated Press Amazon executives declined to comment on the potential impact of President Donald Trump's tariffs on Prime Day deals. Continue reading
Jul 07 Trump announces 25% tariffs on goods from Japan and South Korea beginning Aug. 1 By Alex Veiga, Associated Press Trump has been talking for a while about ending trade negotiations and sending out letters informing countries about their tariff rates. Continue reading
Jul 06 Pressure from Trump for trade deals before July 9 deadline, but hints of more time for talks By Ellen Knickmeyer, Michelle L. Price, Associated Press The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in Aug. 1. Continue reading
Jul 05 Watch 7:43 What's behind a thrifting boom among American shoppers By Ali Rogin, Veronica Vela While thrift stores are nothing new, they’re becoming more popular as shoppers deal with rising costs of living and even in some cases earn a living as resellers. The secondhand clothing industry is projected to grow about three times faster… Continue watching
Jul 04 World shares are mostly down as Trump's tariff deadline looms, while U.S. stocks set records By Associated Press Many of Trump’s stiff proposed taxes on imports are currently on pause, but they’re scheduled to kick in next week unless Trump reaches deals with other countries to lower them. Continue reading
Jul 04 WATCH: How aspiring Black doctors see Trump's new loan cap By Addison Briley, Deema Zein Fewer than six percent of physicians in the U.S. are Black and experts are worried that Trump’s 'big bill' could widen that disparity. Continue reading
Jul 03 U.S. employers added 147,000 jobs last month despite uncertainty over economic policy By Paul Wiseman, Associated Press The unemployment rate ticked down 4.1% from 4.2% in May, the Labor Department said Thursday. Continue reading
Jul 02 Microsoft's largest layoff in years hits Xbox gaming, sales and other divisions By Matt O'Brien, Associated Press Microsoft says it is laying off about 9,000 workers, its second mass layoff in months and its largest in more than two years. Continue reading
Jul 02 Trump's tariffs would cost U.S. employers $82.3 billion, potentially causing price hikes and layoffs By Josh Boak, Associated Press President Donald Trump says he's reached a trade deal with Vietnam. Trump says Vietnam will pay a 20% tariff on goods sent into U.S. territory and a 40% tariff on transshipping, which usually means exports from China that pass through… Continue reading
Jul 02 Trump says the Republican mega bill will eliminate taxes on Social Security. It does not By Fatima Hussein, Associated Press At best, Trump's "no tax on Social Security" claim exaggerates the benefits to seniors if either the House or Senate-passed proposals is signed into law. Continue reading