Economy
Walmart says higher prices from tariffs coming as soon as this month
The world's largest retailer says it won't be able to absorb all the costs from higher tariffs on imported goods, particularly from China. Already in April, shoppers began tightening their budgets as retail spending did not grow much compared to March.
Trump’s plan to bring shipbuilding back to the US? Port fees on Chinese vessels
Port fees on Chinese-built ships and operators will start in October, further raising the cost of trading with the United States.
U.S. egg prices fall for the first time in months but remain near record highs
The average price for a dozen Grade A eggs declined to $5.12 last month after reaching a record $6.23 in March. It was the first month-to-month drop in egg prices since October 2024.
Inflation cools in April — but tariffs could upend the picture in coming months
Consumer prices in April were up 2.3% from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4%, thanks to a large drop in the price of eggs.
Why an economist says temporary U.S.-China tariff deal doesn’t ease uncertainty
Businesses are rushing to import Chinese goods after the U.S. struck a temporary deal. This "stop-go" nature of trade could still mean higher prices and doesn't ease uncertainty, an economist warns.
Why aren’t Americans filling the manufacturing jobs we already have?
Leaders from both political parties have been working to bring back manufacturing. But American manufacturers say they are struggling to fill the manufacturing jobs we already have.
Inflation cools in April — but tariffs could upend the picture in coming months
Consumer prices in April were up 2.3% from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4%, thanks to a large drop in the price of eggs.
First, relief. Then, a scramble to get stuff in after U.S. cuts China tariffs for now
Although business owners welcomed a temporary deal with China to slash tariffs, there's still considerable uncertainty about what happens next.
Stocks soar after U.S. and China agree to temporarily slash tariffs
Stocks soared — and businesses breathed a sigh of relief — as the U.S. and China agreed to temporarily slash their triple-digit tariffs.
The U.S. and China announce a deal to cut tariffs, temporarily easing trade war
American levies on Chinese goods will drop from at least 145% to 30% for an initial period of 90 days, while Chinese levies are set to fall from at least 125% to 10% on American goods.
Coca-Cola Amphitheater poised to open mid-June
With just six weeks until the first show, construction at the new Coca Cola Amphitheater north of downtown Birmingham is still underway.
Americans are already seeing Trump’s tariffs kick in. They sent in receipts to prove it
There's new tariffs on almost everything that is imported. Some of that increased cost is being eaten by exporters in other countries, but a lot of the higher prices are being picked up by Americans, who are seeing it in their receipts.
Energy Star, efficiency program that has steered consumer choice, targeted in cuts
An Environmental Protection Agency plan to eliminate its Energy Star offices would end a decades-old program that gave consumers a choice to buy environmentally friendly electronics and save money on bills, consumer and environmental groups said.
In the wake of tariffs, cargo at the Port of LA is down 35%
The immediate impact of the cargo decline affects virtually every business around the ports, but port officials say this downturn will soon be felt much more broadly.
The Fed will likely hold interest rates steady as Trump’s tariffs spark uncertainty
The Federal Reserve will likely hold interest rates steady Wednesday as President Trump's tariffs threaten to raise prices and drag down economic growth.
U.S. and Chinese officials will meet in Geneva in first sign of thaw in trade war
The superpowers have been locked in a geopolitical blinking contest, waiting for the other side to reach out. The talks in Switzerland are the first concrete sign of a potential thaw in the deadlock.
Why oil prices are falling, and what it means for the economy
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.
Warren Buffett announces his retirement and warns the trade war will hurt America
The billionaire investor, now 94, also said he would be resigning as CEO at the end of the year. He spoke at Berkshire Hathaway's annual shareholder meeting known as "Woodstock for Capitalists."
The U.S. job market cooled slightly as Trump’s trade war heated up
U.S. employers added 177,000 jobs in April — a modest slowdown from the previous month, while the unemployment rate held steady at 4.2%.
Shein and Temu will cost more, thanks to massive tariffs going into effect
Shein and Temu goods might not be so cheap anymore. Starting today, the U.S. will start collecting import fees on small packages from China, much of which comes from Chinese e-commerce sites.
China mulls U.S. overtures on trade talks, but demands tariffs be canceled
Exporters, importers and recent government statistics all suggest that trade in both directions is slowing sharply as a result of the tariffs. Neither side appears willing to be seen giving ground.
Does your online shopping receipt show what you’re paying in tariffs? Let us know
Have you recently bought something online, and your receipt showed how much more you're paying as a result of tariffs? If so, please share your receipt with NPR.
Anxious about your money right now? Financial advice in times of economic uncertainty
With stock market volatility and fears of price increases driven by the new tariffs, you may be worried about your finances. A certified financial planner explains how to navigate these tricky times.
Trump promised a ‘golden age’ for the economy. Then he unveiled tariffs
President Trump promised a new "golden age" for the United States. But his first 100 days in office have left the economy looking tarnished.
More give Trump an F than any other grade for first 100 days, poll finds
Nearly half of Americans give President Trump a failing grade for his presidency so far, with near record low approval ratings at this point in the job, as he hits the milestone 100 days in office.
Trump is giving automakers a break on tariffs
The formal announcement is expected ahead of a Tuesday night rally in Michigan marking the president's 100 days in office. It's the latest shift in Trump's on-again, off-again tariffs.
Big brands are officially worried about American shoppers
Makers of our food and home essentials, including Pepsi and Procter & Gamble, are cutting their financial forecasts for the year and predicting lower sales or profits than before.
A small U.S. town grew a big company. Can it weather the tariff blizzard?
A rural Minnesota town is home to the biggest tech giant you've never heard of. Now it's riding out an unprecedented kind of storm.
Stocks gain on hopes Trump will ease tensions with the Fed — and China
The Dow Jones advanced after Trump said he wouldn't fire Fed Chair Jerome Powell and on hopes of easing tensions over tariffs with China.
Trade wars grew America’s auto industry. Historians warn today’s tariffs won’t
Past success bringing foreign car companies stateside means the U.S. has more to lose and less to gain in today’s trade wars.
The global economy will be hit hard by Trump’s tariffs, IMF warns
The International Monetary Fund slashed its growth forecasts for the global economy to 2.8% as President Trump's tariffs risk sparking a trade war.
Sell USA? Why Trump’s tariffs may be sparking a historic storm on Wall Street
When Trump announced sweeping tariffs this month, he called it "Liberation Day." But there are fears that it may well have been the day foreign investors started to lose faith in the United States.
