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Yale's Budget Lab calculates the new 15% Section 122 tariff will raise consumer prices 0.6% to 1.0%, costing American households $800 to $1,300 annually, with a 150-day expiration that Congress must act on by July.
The Department of Homeland Security shutdown that began February 14 is now in its second week, leaving 260,000 federal employees without pay as TSA and border security budgets run dry.
The Supreme Court struck down IEEPA tariffs but the 25% Section 232 auto duty remains. The Manheim Index shows used car prices up 2.9% year-over-year, and the tariff that matters most for drivers survived.
Auto insurance premiums are set to rise in 35 states in 2026 after a historic 6% drop in 2025, with tariff-driven repair costs threatening an additional 3% increase.
February retail sales declined month-over-month but grew 4.1% year-over-year. The data reveals a cautious American consumer navigating tariffs, weather, and uncertainty.
Trump's new 10% Section 122 tariff takes effect February 24 at midnight. Here's what's covered, what's exempt, the 150-day statutory limit, and how it will affect American household budgets.
More than 30,000 tech workers have been laid off in 2026 as Amazon, Meta, Pinterest, Salesforce, and others cut headcount to invest in AI. The workforce restructuring is accelerating.
The USDA projects grocery prices will rise 1.7% in 2026, but the averages mask a wild divergence: eggs are deflating 22% while beef, orange juice, and fresh vegetables surge to record highs.
ACA marketplace premiums are rising 26% on average in 2026, with subsidized enrollees facing 114% cost increases. Here is what is driving the surge and how to protect your budget.
While the Supreme Court struck down IEEPA tariffs, Section 232 duties of 25% on steel, aluminum, and automobiles remain in full force, costing American households $400 per year and raising $635 billion over the next decade.
The BEA's December 2025 personal income and spending report shows real consumer spending grew just 0.1% despite a 0.3% income gain. Here's what that gap reveals about the American economy.
A new JPMorgan analysis confirms Trump's tariffs have reduced trade with China by roughly 20% for midsize US firms — but the cost to American small businesses is severe, raising a hard question about who actually wins a trade war.