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Trump delays planned tariff hikes on furniture, pasta

WASHINGTON (AP) — President Donald Trump signed a New Year's Eve proclamation delaying increased tariffs on upholstered furniture, kitchen cabinets and vanities for a year, citing ongoing trade talks. Trump's order signed Wednesday keeps in place a 25% tariff he imposed in September on ...

Trump’s tariffs hit nearly every country in 2025

Since returning to the White House in January, President Donald Trump has overturned decades of U.S. trade policy — building a wall of tariffs around what used to be a wide open economy. His double-digit taxes on imports from almost every country have disrupted global commerce and strained ...

Average US long-term mortgage rate ticks down to 6.18%

WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked down modestly this week, remaining in the same narrow range of the past two months. The average long-term mortgage rate fell to 6.18% from 6.21% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the ...