The Trump administration wants Americans to deal with short-term economic turmoil, including job losses and inflation, on the promise of better times ahead.
If tariffs continue, Americans can expect to pay an extra 20 cents per gallon of gas, an additional 50 cents for each avocado, and thousands more on new vehicles, almost immediately.
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry-picking data for political gain.
Two surveys show a stark and growing divergence between heads of businesses and the rest of the country when it comes to the economy: Consumers are jittery. Executives are hopeful.
Although a federal judge issued an order confirming a temporary hold on layoffs at the consumer watchdog agency, its staffers remain on administrative leave.