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The average new vehicle transaction price hit an all-time record of $50,326 in December. With 25% tariffs on imported vehicles and parts, Cox Automotive projects prices could climb another $5,500.
ACA Marketplace premiums jumped 21.7% in 2026 after enhanced subsidies expired, with the average enrollee's annual premium payments more than doubling from $888 to $1,904.
Treasury Secretary Scott Bessent reversed his previous position that tariffs are inflationary during a tense House hearing, even as Goldman Sachs estimates households face $1,500 in annual tariff costs.
Weekly initial jobless claims jumped 22,000 to 231,000 for the week ending January 31, the highest level since late November, as layoffs accelerate across multiple sectors of the US economy.
The Penn Wharton Budget Model estimates the US effective tariff rate has reached levels not seen since the Smoot-Hawley era of the 1930s. Here's what that means for prices, jobs, and your wallet.
US auto sales surged to a 16.4 million annualized rate as buyers rush to purchase vehicles before tariff-driven price increases take full effect. Average transaction prices hit $45,880 in January.
From coffee to beef to imported pasta, these six everyday grocery items are facing the steepest price increases in 2026 as tariffs, weather events, and supply shortages converge on American families.
When the delayed January jobs report drops on February 11, the Bureau of Labor Statistics will revise away 911,000 jobs in the largest benchmark adjustment since 2009, reshaping how we understand the labor market.
President Trump touts tariffs as an economic miracle, but data shows a record $153.3 billion trade deficit, rising consumer prices, and private hiring slowing to just 22,000 jobs in January.
The Department of Government Efficiency has produced the largest peacetime workforce reduction on record, eliminating 270,000 federal positions, yet total government spending continues to rise as entitlement programs dwarf discretionary savings.
After absorbing 80% of tariff costs in 2025, US businesses are preparing to shift the burden to shoppers. The USDA forecasts food-at-home prices will rise 2.3% in 2026, but the real impact may not hit until mid-year.
Americans on ACA marketplace plans face the largest premium increases in the program's history, with median proposed hikes of 18% and millions losing enhanced subsidies that kept costs manageable since 2021.