Can Trump fire the fed chair? President lashes out at Powell for economic outlook

President Trump has hinted that he wants to fire Federal Reserve Chair Jerome Powell for his economic outlook and refusal to lower interest rates. Can he do that?

China’s economy grew 5.4% before US tariffs hit; slowdown likely, analysts warn

China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.

Trump suggests he may pause 25% auto tariffs amid market concerns

President Trump says he may temporarily pause his 25% auto tariffs to give carmakers time to adjust supply chains, adding more uncertainty to global markets already shaken by his shifting trade policies.

Katy business owner taking extra measures amid Trump tariff uncertainty

With the constant changes in America's tariffs on imports, one Katy business owner tells FOX 26's Tom Zizka that he's taking extra measures to manage his prices.

Recession-proof your finances using these seven tips

Here's a few ways you can prepare for a possible recession or job loss when your budget is already tight.

Inflation fell in March despite Trump tariffs: Here's why

Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.

Gas prices could fall as crude oil plummets, expert says

Consumers typically see a jump in gas prices as refineries switch to a summer-grade blend. However, this year could be different as crude oil prices are falling.

Worst stock market days in history

Stocks are swinging sharply still after President Trump’s tariff announcement last week. Here’s how last week stacks up to some of the worst days for the stock market in U.S. history.

Stocks tumble as Trump’s tariffs roil global markets

The Dow, S&P 500 and Nasdaq fell sharply after President Donald Trump slapped tariffs on a host of countries Wednesday, including China, Japan, India and Europe.

Stellantis plans 900 temporary layoffs in US after Trump tariff announcement: report

Stellantis NV, the company that manufactures Ram trucks and Jeeps, is reportedly temporarily laying off 900 workers at five US facilities and pausing production in Canada and Mexico.

Trump tariffs target remote, uninhabited islands with no U.S. trade

President Donald Trump’s far-reaching new tariffs are going farther than many expected – far enough to reach remote islands where no one lives.

Inflation remained elevated in February, data shows

Inflation remains a top economic concern for most Americans, even as it has fallen sharply from its 2022 peak.

Fed keeps interest rates unchanged; what this means for you

As expected, the Federal Reserve will leave interest rates unchanged – for now – as it predicts slower economic growth than it did three months ago.

EU tariffs could hurt these states the most, analysis shows

If the European Union’s 27 countries move forward with retaliatory tariffs on the U.S., some states will be impacted far more than others.