Trumps tariffs will likely raise US prices, Fed chair says

(WASHINGTON) -- Fed Chair Jerome Powell said on Friday that the Trump administration's tariffs would likely raise prices for U.S. shoppers and retailers.The scale and duration of the tariffs remain unclear but a portion of the taxes on imports will probably reach consumers, Powell... Read More.

Trumps order to scrap the penny doesnt make cents: Expert

(NEW YORK) -- As part of his plan to cut alleged federal government waste, President Donald Trump is literally pinching pennies, ordering his Treasury Secretary to stop the U.S. Mint from producing new 1-cent coins.In an announcement Sunday on his Truth Social platform, Trump... Read More.