Washington — President Trump on Thursday threatened to impose tariffs on wines, Champagnes and other alcoholic products imported to the U.S. from France and other European countries in response to raised tariffs the European Union placed on American whiskey.
Americans hoping for good news on inflation with Wednesday's release of Consumer Price Index data for February may have to wait a little longer for relief.
U.S. stocks fell sharply on Monday, continuing the prior week's losses after President Trump said the economy faces a "period of transition" and would not rule out a recession.
Buying a car can be a fraught financial decision even in the best of times. Now, car shoppers are facing the added pressure of deciphering U.S. tariff policy.
Stocks fell sharply on Monday after President Trump said he has decided to move forward with 25% tariffs on nearly all goods imported from Mexico and Canada, with Wall Street concerned that the import duties could threaten U.S. economic growth and reignite inflation.
Social Security Administration workers are warning that the Trump administration's plan to significantly shrink the agency could cause chaos and hinder their ability to provide service to the millions of retirees, disabled people and other Americans who rely on the program.