Trump's tariff warning met with threat from Ontario that would make energy 'unaffordable' in Michigan & U.S.
In response to Donald Trump's 25% tariff plan, Ontario is considering limiting the export of electricity to the United States in a move that Premiere Doug Ford said would make electricity unaffordable for Americans.
Gas prices hit a 3-year low – where are they headed next?
Drivers are getting some much-needed relief at the pump after gas prices fell significantly nationwide.
Inflation rises 2.7% in November, in line with expectations
US inflation rose slightly last month but remained low.
Trump, Canadian Prime Minister Trudeau to meet in Florida to discuss tariffs
Canadian Prime Minister Justin Trudeau flew to Florida on Friday to meet with President-elect Donald Trump following his threats to impose sweeping tariffs on Canadian products.
Retail in Center City is thriving in 2024 according to its annual retail report
Retail is thriving in Philadelphia's Center City, according to its annual report. FOX 29's JoAnn Pileggi has the details.
Walmart warns of higher prices if Trump implements proposed tariffs
Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.
Target quarterly results fall as holiday discounts and dockworker strike hit profits
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.
Trump's Treasury secretary pick: Who are the contenders?
President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.
Meatpacking company illegally hired minors in MN, fined $2 million
A meatpacking company with operations in St. James has been fined $2 million after an inspection found it was illegally employing underage workers that were also dealing with hazardous materials and operating machinery.
Where was inflation the highest in October? Northeast and Midwest cities near the top
The Labor Department released a new report on inflation that examined price growth in various cities and metropolitan areas in the U.S. which reflected a higher rate of inflation in the Northeast and Midwest.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Federal Reserve cuts its key interest rate by a quarter-point on heels of election
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
Residents vote to lift 120-year-old ban on selling alcohol in this New Jersey town
A South Jersey town is saying 'cheers' to a new chapter, with residents voting to end a more-than-century-old ban on selling alcohol.
Students relying on food pantry at Camden County College that needs more donations
Camden County College is tackling food insecurity for students with its 'Marketplace' pantry that provides food and resources. The Marketplace operates on donations and has been experiencing low numbers of them.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Holiday spending projected to hit new record this year
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
Trump proposes 15% corporate tax to 'save' US auto industry; threatens 1,000% tariffs on imports
Trump said Detroit's auto industry was decimated 'as if by a foreign army.'
Inflation reaches lowest point in 3 years; here's what prices came down most
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
Port strike panic buying? Costco toilet paper frenzy making the rounds on social media
Videos posted online claim that toilet paper is sold out at Costco stores from Arizona and Colorado to New Jersey.