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Restaurants emerge as bright spot for job growth as consumers seek treats
Upbeat sales made the U.S. restaurant industry a rare bright spot for jobs, with restaurant payrolls ticking up 1% in 2025.
New tariff starts at 10%; Trump administration working to hike it to 15%
The U.S. began collecting a temporary new 10% global import tariff Tuesday, but the Trump administration was working to increase it to 15%.
With tariff rates uncertain, the economic fog again thickens
Uncertainty has been rekindled after the U.S. Supreme Court struck down key parts of President Donald Trump's tariff plans and his ensuing suggestion of substantial levies coming in an attempted workaround.
How will companies get refunds after Supreme Court rejects Trump tariffs?
The U.S. Supreme Court ruled Trump tariffs illegal; refunds will be handled by the Court of International Trade amid thousands of lawsuits seeking repayment.
Government shutdown weighs on economic growth in Q4
U.S. economic growth slowed in the fourth quarter with government spending posting its biggest decline since 1972 because of last year's shutdown.
‘He cannot’: Supreme Court rejects Trump’s global tariffs
The U.S. Supreme Court struck down President Donald Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies.
Consumer prices rise less than expected in January
U.S. consumer prices increased less than expected in January, but underlying inflation firmed as businesses raised prices.
US job growth accelerates in January, unemployment rate falls to 4.3%
U.S. job growth accelerated in January and the unemployment rate fell to 4.3%, signs of labor market stability.
Retail sales unexpectedly flat in December
U.S. retail sales were unexpectedly unchanged in December, putting consumer spending and the overall economy on a slower growth path.
Trump picks former Fed official to run US central bank
President Donald Trump chose a former Federal Reserve governor to head the U.S. central bank when Jerome Powell's leadership term ends.
Layoffs up, hiring down as Amazon cuts reverberate through economy
Job cuts and other changes at Amazon rippled through the economy, as thousands of corporate employees learned they will lose their jobs.
Fed maintains rates; sees ‘elevated’ inflation, stabilizing job market
The U.S. Federal Reserve held interest rates steady, citing still-elevated inflation alongside solid economic growth.
