Moody’s strips US of top credit rating: What the downgrade means for your wallet

Moody’s has downgraded the US credit rating for the first time, citing rising debt and political dysfunction. Here’s what the move means for your wallet, interest rates, and the broader economy.

Walmart raising prices due to tariff costs: What we know

Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.

Nissan increases job cuts to 20K by 2027

The Japanese automaker aims to save $3.4 billion by 2027 amid financial losses and concerns over President Donald Trump's tariffs.

Microsoft to lay off about 3% of its workforce

Microsoft announced a round of layoffs this week that will affect thousands of employees.

More US cities now require six-figure incomes to afford rent: Here's where

Affordability is becoming a growing challenge for U.S. renters, with Zillow reporting that renters now need to earn over $100,000 to comfortably afford a typical rental in some cities.

April CPI inflation report: Egg prices decline for first time in months

Eggs got cheaper in the U.S. last month after setting records at the start of the year, according to April's CPI inflation report. Here's how some other grocery items fared.

Fed rate and tariffs: Why interest is unchanged again, and what it means for you

Despite the Trump administration’s push for a rate cut, The Fed announced Wednesday it’s holding steady – and the president’s tariffs were a big deciding factor.

Texas bail reform, tariff turmoil, and possible THC ban: TWITP

FOX 7 Austin's chief political reporter Rudy Koski and our panel of analysts discussed the big stories from This Week in Texas Politics.

Private sector added 62K jobs in April, well below expectations, ADP says

Private sector job growth slowed sharply in April, with companies adding just 62,000 positions—well below expectations—as employers navigated economic uncertainty, according to ADP.

Here's how many Americans now say inflation is their top financial worry

Cost of living and affording basic needs combined with inflation were among the major concerns for Americans and their families based on findings from a recent poll.

U.S. economy shrank in first quarter; first drop in three years

Economic growth in the first quarter was impacted in part by a rise in imports as U.S. companies attempted to bring in foreign goods amid the enforcement of tariffs.

Is Amazon showing tariff costs? How Shein and Temu are handling Trump’s changes

President Trump’s tariff and customs changes have begun affecting how many Americans shop online. Here’s what Amazon, Shein and Temu are saying amid rising operating costs.

How is the economy after Trump's first 100 days?

As President Donald Trump marks his first 100 days in office, he highlighted economic growth and falling inflation, even as reports show a slowdown.

Tariff poll: How much economic "disruption" Americans will tolerate

A growing number of Americans are skeptical that President Trump’s tariffs on U.S. trading partners will benefit the economy, according to a new Gallup poll.

California is now 4th largest economy in the world, new data shows

New data shows California has overtaken Japan as the 4th largest economy in the world, Gov. Gavin Newsom announced Wednesday.