Economy

Filter

WATCH: Trump touts ‘gold card’ immigration visa at Cabinet meeting with Elon Musk

By Associated Press

“If we sell a million, that’s $5 trillion dollars,” President Donald Trump said during the first meeting of his second-term Cabinet, suggesting that the new revenue generated for federal coffers could be used to pay off the country’s debt.

House Republicans struggle to pass budget advancing Trump’s agenda

By Lisa Desjardins, Ian Couzens

More drama is unfolding on Capitol Hill as House Republicans struggle to pass a budget that would advance President Trump's agenda. Congressional correspondent Lisa Desjardins reports.

Continue watching

Trump says tariffs on Canada and Mexico are ‘on time’ with more import taxes to come

By Josh Boak, Fabiola Sanchez, Associated Press

Trump has claimed that other countries charge unfair import taxes that have come at the expense of domestic manufacturing and jobs.

Community pharmacies are closing. Here’s what to do if your neighborhood location does too

By Lucas A. Berenbrok, Michael Murphy, Sophia Herbert, The Conversation

Neighborhood pharmacies are one of the most accessible health care locations in the country, but over the past five years thousands of U.S. pharmacies have closed leaving behind "pharmacy deserts" that impact local communities.

Could Trump really give money from Musk’s DOGE cuts to taxpayers?

By Christopher Rugaber, Paul Wiseman, Associated Press

If Musk's target of $2 trillion in spending cuts is achieved by next year, supporters of the idea say that about one-fifth of those funds could be distributed to taxpaying households in checks of about $5,000. But budget experts say…

EU trade commissioner meets with Trump administration counterparts over tariff threats

By Josh Boak, Associated Press

Hoping to head off a potential trade conflict, a top European Union official stressed the importance of active engagement and fairness in trade during a four-hour meeting with Trump administration officials.

What experts are forecasting for renters and homebuyers this year

By Kenichi Serino

Stubbornly high mortgage rates, rising rents and a lack of affordable housing have contributed to fewer home sales and rising homelessness for the past three years. 2025 might not look much different, experts say.

Musk and DOGE face new criticism for seeking access to sensitive IRS data

By Geoff Bennett, Shrai Popat

Elon Musk’s "Department of Government Efficiency" group is seeking access to data systems within the IRS that house financial information about every taxpayer, business and nonprofit in the country. Geoff Bennett discussed the implications with Natasha Sarin, a professor at…

Continue watching

DOGE seeks access to taxpayer data at IRS, AP reports

By Fatima Hussein, Associated Press

If successful, Musk and his group would have access to millions of tightly controlled files that include taxpayer information, bank records and other sensitive records.