OECD forecasts a sharp economic slowdown in the U.S., citing tariffs
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump administration.
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U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump administration.
Despite some early concerns and economic uncertainty many businesses down the shore are reporting a strong start to the season. Ryan Hughes reports.
Japanese automaker joins other automakers in pointing to new U.S. tariffs as weighing on their financial results.
More jobs are located in Center City, Philadelphia, than at any point in the last 45 years, according to the annual State of Center City report released Thursday.
Early in his second term, President Trump is struggling to deliver on his campaign trail promises to invigorate the U.S. economy.
Is 100 days enough time to evaluate this president? His supporters generally don't think so, but others do — perhaps because most Americans think President Trump is already making major changes to how the government — and the U.S. economy — work.
Chinese tariffs on American products rose from 84% to 125%, China announced Friday morning. The tariffs take effect Saturday, April 12. Jim Donovan has your morning headlines with weather from Meteorologist Tammie Souza.
The U.S. stock market surged immediately after President Trump announced the pause on most of his new "reciprocal tariffs."
The stock market saw massive selloffs Thursday, a day after President Trump announced sweeping tariffs. Philadelphia-based experts say there's no need to panic and share some analysis for those worried about their retirement accounts.
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."
Rent the Chicken "hatched" 12 years ago and offers a six-month rental of 2-4 egg-laying hens with a coop for about $650. Co-Founder "Homestead Jenn" Tompkins joins CBS News Philadelphia to share more about her business.
The U.S. labor market has been slowing, but today's jobs report isn't yet reflecting the layoffs ordered by Elon Musk's DOGE.
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.
Robert Fry, an economist based in Delaware, said the United States could go into a recession if President Trump's tariffs on Mexico and Canada continue.
Ahead of President Trump's address to Congress Tuesday night, Republican Rep. Ryan Mackenzie and Democrat state Rep. Malcolm Kenyatta said they will be looking to see what the president says about the economy and cost of living.
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
A grassroots effort is asking American consumers to refrain from making purchases at major retailers for one day in February.
Workers at a Whole Foods Market in Philly have voted to unionize, becoming the first group of employees to pull off a labor win at the chain.
Abortion bans enacted since Roe v. Wade was overturned may be driving Americans to leave restrictive states, researchers find.
With a tight race between Kamala Harris and Donald Trump, the U.S. election could hinge on how voters choose to look at inflation. Here's why.
According to AAA, prices at the pump in Delaware have fallen $0.70/gal from this time last year, and experts with GasBuddy say they're the lowest we've seen since 2021.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
In North Carolina, Harris took note of falling inflation but added, "Still, we know that many Americans don't yet feel that progress in their daily lives."
Wall Street is increasingly jittery about the health of the U.S. economy. Here's what the experts say about the chances of a recession.
