What to expect in Friday’s jobs report

Economists expect that US employers added 170,000 jobs in January and that the unemployment rate remained 4.1%.Luke Sharrett/Bloomberg/Getty Images CNN  —  If the pundits proved right, the US labor market was supposed to have broken down by now. It wasn’t supposed to survive the Federal Reserve’s historic and aggressive rate-hiking campaign to reel in high…

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How bad is the trade war with China going to get?

China responded to a new 10% tariff from the United States by imposing a 15% tariff on some types of coal it imports from the US, among other measures.Justin Merriman/Bloomberg/Getty Images New YorkCNN  —  The first punches have been thrown between the United States and China in what could amount to a short-lived trade dispute…

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Are you a business owner worried about Trump’s tariffs?

Tractor trailers cross the Peace Bridge at the Canada-US border in Fort Erie, Ontario, Canada, on Monday, February 3, 2025.Cole Burston/Bloomberg/Getty Images WashingtonCNN  —  Tensions among the United States and its three biggest trading partners are injecting uncertainty into the US economy, putting American business owners in an uncomfortable wait-and-see posture. We’d like to hear…

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What will get more expensive now that Trump imposed his tariffs

Employees work on a circuit board production line at the workshop of Anhui Shixin Electronic Technology Co LTD in Fuyang, China.Costfoto/NurPhoto/Getty Images CNN  —  Need a new computer, television or phone? You might want to consider getting one now. That’s because President Donald Trump enacted a new 10% across-the-board tariff on Chinese goods Tuesday morning….

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Trump’s tariffs won’t hit all Americans equally. Here’s who gets hit the hardest

A driver refuels their vehicle at a gas station in Berkley, Michigan.Emily Elconin/Bloomberg/Getty Images New YorkCNN  —  Lower-income Americans are likely to feel the brunt of the unprecedented tariffs President Donald Trump has set in motion. The cost to lower-income families is magnified because economists say essentials like food, energy and auto parts are most…

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Trump says America has ‘all the trees’ it needs. But fixing the housing crisis may mean depending on Canadian wood

Contractors raise a framed wall on a house under construction at the Toll Brothers Regency at Folsom Ranch community in Folsom, California, US, on Thursday, May 18, 2023.David Paul Morris/Bloomberg/Getty Images CNN  —  President Donald Trump has frequently quipped that “we don’t need” products from Canada. That includes oil, autos and, of course, lumber. “We…

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The Fed’s go-to inflation gauge heated up again

Inflation has accelerated in recent month in part because of rising grocery energy prices.Spencer Platt/Getty Images/File CNN  —  The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein…

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The US economy just had another robust year

A shopper looks at plant seeds at a store in San Francisco on January 6, 2025.David Paul Morris/Bloomberg via Getty Images WashingtonCNN  —  Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy. The US economy grew 2.5% over the…

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