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.

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.

U.S.-China bring down tariffs temporarily
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Stocks soared on May 12 after the U.S. and China agreed to drastically cut their dueling tariffs for three months while the two global powers work to hammer out a broader deal

US-China trade deal: Countries agree to slash tariffs, enact 90-day pause

U.S. and Chinese officials say they have reached a deal to slash most of their recent tariffs and called for a 90-day pause for ongoing negotiations. Here's what to know.

Trump suggests cutting tariffs on China to 80%

The president’s remarks come ahead of a meeting between U.S. officials and Chinese representatives this weekend.

Trump announces trade deal with UK, cuts tariffs on some goods

President Donald Trump announced a trade deal between the United States and Britain that will lower tariffs on some goods.

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.

Donald Trump meets with Canadian PM Mark Carney
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U.S. President Donald Trump met with Canadian Prime Minister Mark Carney at the White House Tuesday morning to discuss relations between the nations.

Trump, Carney quibble over buying Canada: ‘Never say never’

Tensions have been high between the U.S. and Canada, and the newly-elected prime minister visited the White House Tuesday after promising to “stand up" to President Trump.

Mattel plans toy price increases in US amid Trump's tariffs

The toy manufacturer believes that despite the tariffs some of their products will still be affordable for consumers.

Business owner facing steep tariffs tests whether people will pay for 'Made in USA'

A business offered customers a choice between a foreign-made product or the same item made in the U.S. at a much higher cost - and was overwhelmed by the results.

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.

Senate fails to block Trump’s global tariffs

Senate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by Donald Trump earlier this month.

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.

Trump slams Amazon's tariff transparency plan, speaks to Jeff Bezos

President Donald Trump makes a call to Amazon founder, Jeff Bezos, after a report about the company's tariff transparency plan.

Trump eases auto tariffs in bid to boost US manufacturing

President Trump signed an executive order easing some of his 25% tariffs on autos and auto parts, aiming to support U.S. automakers and manufacturing jobs.

Temu adds 'import charges' after Trump tariffs: What to know

Temu has implemented an "import charge" for some products sold to customers in the U.S. amid President Donald Trump's tariff orders.