The Trump administration’s tariffs are raising costs for businesses, reducing the benefits of productivity improvements.

Survey data from The Conference Board shows Americans are feeling better about the economy than they were earlier in the year, but concerns about the job market linger.

Local banks say businesses are still taking out loans, despite elevated interest rates. In some cases, that's because they don't want to wait for rates to fall.

It’s more of a promise than a realistic spending boost, according to some experts.

The price of oranges, for example, has increased by 26% since 2019 due to rising labor costs, lingering supply chain issues, and climate change. 

There’s been a “targeted, surgical removal of data sets, or elements of data sets, that are not aligned with the administration’s priorities,” said Denice Ross at the Federation of American Scientists.

New research suggests people are getting used to high prices and mortgage rates.

The Federal Reserve has stayed the course, stalling rate cuts as they wait to see the impact of President Donald Trump’s Tariffs. Vivian Gueler, CFO of Pacific Trust Group, spoke about mortgage rate expectations for the coming year.

The last count showed 422 active U.S. oil rigs in operation. That’s comparable to when the pandemic depressed demand for crude.

The tax breaks will help some workers, but come with limits.