Trump admin moves to crack down on use of regulatory 'guidance' at CFPB
The Trump administration is conducting a review of the use of regulatory guidance at the CFPB and is planning to rescind guidance that exceeds legal authority.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,215,701,317,831.94 as of 4/11/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Recession fears, tariff uncertainty prompt plunge in consumer sentiment
The University of Michigan's consumer sentiment survey showed a sharp decline this month amid President Donald Trump's tariffs, which have spurred higher inflation expectations.
Big bank CEOs weigh in on Trump's tariffs: 'Considerable turbulence'
The CEOs of two major U.S. banks discussed President Donald Trump's tariffs in letters within their quarterly earnings reports and said that the duties could slow the economy.
US corporate bankruptcies rise to highest Q1 level since 2010
Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker balance sheets struggled to make debt payments.
DOGE finds thousands of fake unemployment claims
The Department of Government Efficiency (DOGE) uncovered tens of thousands of unemployment claims for claimants with improbably high or low ages, which the Labor Department confirmed.
Inflation increased at a slower pace in March
The Labor Department on Thursday released the March consumer price index (CPI) report, which showed inflation rose at a slightly slower pace last month, though it remains above the Fed's goal.
Trump's tariffs: What tariffs have been imposed on major trading partners or paused?
President Donald Trump announced a 90-day pause and "substantially" lower reciprocal tariffs on all countries aside from China. FOX Business breaks down what tariffs were imposed since January.
Navarro touts Trump's tariff pause as 'art of the reciprocal trade deal'
White House trade advisor Peter Navarro said President Donald Trump's announcement of a pause on higher tariffs is an example of the "art of the reciprocal trade deal."