The president has effectively seized power over how the government spends its money, determining which industries and services should benefit, writes Naroff.

Student loan debt collection resumes on May 5. Here's how borrowers can prepare to repay loans and get lower monthly payments.

It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs.

If the Trump administration stands down from the trade war soon, it could salvage the country's safe-haven status. But if not, it will cost the U.S. economy dearly.

Meloni’s meeting with Trump will test her mettle as a bridge between the European Union and the United States.

Retail sales rose 1.4% in March, after rising 0.2% in February, according to the Commerce Department.

It's the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and raised fears of a global slowdown.

Tariffs, government layoffs, and federal spending cuts have created economic uncertainty and heightened risk, economist Joel Naroff says.

U.S. stocks soared to one of their best days in history on a euphoric Wall Street after President Donald Trump said he would back off on most of his tariffs temporarily.

China again vowed to “fight to the end” Wednesday in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from Thursday.

The tariffs will go into effect in stages, with some on April 15 and others on May 15 and Dec. 1.

U.S. stocks dove following another stunning reversal.

While world markets calmed somewhat after frenzied selling over two trading sessions that wiped out trillions of dollars worth of wealth, leaders in Asia shifted into damage control mode.

Global stock markets extended a severe plunge Monday, fueled by fears that U.S. tariffs would lead to a global economic slowdown.

The drop closed the worst week for the S&P 500 since March 2020, when the pandemic ripped through the global economy.