White House press briefing on June 11, 2025 [RAW]
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White House Press Secretary Karoline Leavitt holds a press briefing to discuss current economic and Los Angeles protest-related topics, while also answering questions from reporters.

Economic predictions remain strong: White House
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White House Press Secretary Karoline Leavitt touts new economic and consumer price index (CPI) indicators for reporters on Wednesday, saying the ?economy will boom like never before? after the passage of the ?One Big, Beautiful Bill? in Congress.

US layoffs spike nearly 50% as DOGE-driven cuts take center stage

Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.

Summer educational program scrambling after federal funding cuts

Cutbacks in the nation's capital are hitting close to home as one Twin Cities nonprofit says the federal government cut $342,000 in grant money for its six-week summer program.

State worker layoff notices likely despite budget deal among lawmakers near

With a government shutdown looming on July 1, and no special session announced, the state will have to give layoff notices next week to employees deemed not to work in "critical services".

Child care cost the most in these states in 2024, analysis found

The steep cost of child care in America is weighing on parents all over the country, but those in these particular states were found to feel the pinch the most.

Job Corps graduates concerned about elimination in Trump’s budget

The Trump administration is looking to cut funding for Job Corps in its upcoming budget, saying the program is unsustainable and a failed experiment. But its participants tell FOX 9 the program has been life-changing for them.

Trump delaying 50% tariff on European Union

The president said Sunday he’s agreed to delay a 50% tariff on the EU that he threatened last week, after saying negotiations with the commission were “going nowhere.”

Trump calls for 50% tariff on EU imports starting June 1

President Trump called for a “straight 50%” tariff on all imports from the European Union after complaining on social media that trade talks are “going nowhere.”

Trump tells Walmart: ‘Eat the tariffs’

President Trump lashed back at Walmart over the weekend after the retail giant said it would be increasing prices to combat his tariffs.

Moody’s strips US of top credit rating: What the downgrade means for your wallet

Moody’s has downgraded the US credit rating for the first time, citing rising debt and political dysfunction. Here’s what the move means for your wallet, interest rates, and the broader economy.

Walmart raising prices due to tariff costs: What we know

Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.

Nissan increases job cuts to 20K by 2027

The Japanese automaker aims to save $3.4 billion by 2027 amid financial losses and concerns over President Donald Trump's tariffs.

Microsoft to lay off about 3% of its workforce

Microsoft announced a round of layoffs this week that will affect thousands of employees.

April CPI inflation report: Egg prices decline for first time in months

Eggs got cheaper in the U.S. last month after setting records at the start of the year, according to April's CPI inflation report. Here's how some other grocery items fared.