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Genuine Parts Company will split into NAPA (Global Automotive, $15B revenue) and Motion (Global Industrial, $9B revenue). The 97-year-old conglomerate sees more value apart.
Goldman Sachs projects 2.5% US GDP growth in 2026, beating the 2.1% consensus, with recession probability at just 20%. Here's why the economy is more resilient than the pessimists believe.
The U.S. government collected $287 billion in customs duties in 2025, a 192% increase that pushed tariff revenue above 3.7% of total federal receipts for the first time since the 1940s. Early 2026 data shows the pace accelerating.
The weighted average tariff rate on all US imports has risen to 13.5%, the highest since 1946, after five bilateral trade deals in six weeks. Economists project consumer price increases of 1.4% to 2.2% above baseline.
Enhanced ACA premium subsidies expired at the end of 2025, causing a 26% average premium increase and threatening coverage for 7.3 million marketplace enrollees. Monthly costs have more than doubled for many families.
The Congressional Budget Office releases its Budget and Economic Outlook for 2026-2036 on February 11, with projected cumulative deficits expected to reach $22 trillion or more over the decade.
The weighted average U.S. tariff rate has surged to 13.5% on all imports, the highest since 1946, as the effective rate reaches 9.9% and reshapes consumer prices across the economy.
US customs revenue nearly tripled to $287 billion in 2025, the largest tariff collection in American history. Economists say most of the cost has been passed through to consumers.
The NFIB Small Business Optimism Index rose to 99.5 in December while uncertainty fell to its lowest since June 2024, signaling Main Street confidence heading into 2026.
America's two largest banks announce they will match the federal government's $1,000 contribution to Trump Accounts for thousands of employees' children.
President Trump's Section 232 tariff on Nvidia H200 and AMD MI325X chips reshapes AI semiconductor trade, allowing China sales with a 25% surcharge while boosting U.S. manufacturing.
The Education Department is resuming wage garnishments for defaulted student loan borrowers while 800,000 remain stuck in a processing backlog for affordable repayment plans and forgiveness.