Jul 20 Trump imposes 50% tariffs on Canadian goods, citing disputes over autos, alcohol and cheese By Josh Boak, Associated Press The move, announced Monday, could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven together before Trump’s return to the White House. Continue reading
Jul 20 A wave of student loan borrowers have entered default since pandemic-era protections lapsed By Nicky Forster, Heather Hollingsworth, Associated Press Today, around 9.5 million people — 1 in 5 federal student loan borrowers — are in default, meaning they are more than nine months behind on their payments. Continue reading
Jul 17 Trump administration races to rebuild tariff wall knocked down by Supreme Court By Paul Wiseman, Associated Press The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth. But the money dried up after the Supreme Court struck down the biggest and boldest of Trump’s tariffs in February. Continue reading
Jul 14 Watch 5:30 Inflation eased in June, but Americans still feel pressure from high prices By Liz Landers, Ryan Connelly Holmes A report shows inflation eased more than expected in June. It's welcome news for President Trump, who has made lowering prices a focus of his economic agenda. But months of higher-than-expected inflation have continued to squeeze many households and raised… Continue watching
Jul 14 Massive data center buildout poses latest inflation threat for consumers By Christopher Rugaber, Associated Press Investment in data centers has made memory chips, computer processors and other equipment, as well as electricity, more expensive. Continue reading
Jul 14 Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed By Josh Funk, Associated Press The majority of Buffett’s charitable gifts — worth more than $61 billion — have gone to the Gates Foundation since he announced the plan to give away his fortune in 2006. Continue reading
Jul 14 Inflation cools more than expected in June as gas costs fall and underlying prices ease By Christopher Rugaber, Associated Press Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation. Continue reading
Jul 13 WATCH: Fed chair Kevin Warsh testifies on inflation and monetary policy in House hearing By Christopher Rugaber, Associated Press Federal Reserve Chair Kevin Warsh said Tuesday that the Fed will make high inflation “a thing of the past," yet he provided no signal about the central bank's next steps. Continue reading
Jul 12 When managing your money, take a chatbot's 'confidence' with a grain of salt By Pawan Jain, The Conversation According to a 2025 survey of 2,000 U.S. adults by Pearl.com, a professional services platform, 19% said they lost more than $100 by following financial advice from an AI chatbot. Continue reading
Jul 10 Apple files lawsuit against OpenAI, accusing ChatGPT maker of stealing trade secrets By Kaitlyn Huamani, Matt O'Brien, Associated Press Apple on Friday accused OpenAI of stealing trade secrets as it seeks to build its own hardware for ChatGPT, a major rupture in a partnership between the iPhone maker and the artificial intelligence company. Continue reading