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The U.S. trade deficit widened sharply in December amid a surge in imports, and the goods shortfall in 2025 was the highest on record despite President Donald Trump’s tariffs on foreign manufactured merchandise. The second straight monthly deterioration in the trade deficit reported by the Commerce Department on Thursday suggested that trade made little or … Read more

China sees an opening to turn President Donald Trump’s tariffs to its advantage by reshaping global trade in ways that would insulate its $19 trillion economy from U.S. pressure far into the future. Beijing is exploiting the uncertainty created by Trump to try to stitch China’s vast manufacturing base into the world’s biggest economic blocs, … Read more

Inflation ticked down to 2.4%, the unemployment rate fell, and U.S. employers added 130,000 jobs in January, according to the Bureau of Labor Statistics, whose reports economists view as the “gold standard” of data. On paper, the economy appears to be stabilizing. But many Americans say they’re struggling to afford groceries, and even high-income earners … Read more

If there’s one expense that American drivers can commiserate over, it’s higher gas prices compared to previous years. The average annual retail price of gasoline has skyrocketed since 2002, from $1.36 to as high as $4.09 in 2022, based on data from the U.S. Department of Energy. Unfortunately for millions of Americans, some states have … Read more

If you’ve ever paid off a 30-year mortgage only to realize you’re still writing a four-figure check to the county for property taxes every year, you know the feeling. It’s like you never truly own your home; you’re just renting it from the taxman. Right now, there’s a growing movement across the country to change … Read more

Every time you hit the checkout line, the total at the bottom of the receipt tells a frustrating story. We’ve been hearing about cooling inflation for months, yet your favorite brands are still jacking up prices. If you’re wondering why the math isn’t adding up, you aren’t alone. The truth is, businesses are done playing … Read more

If you spot an error on your credit report, you’re going to want to fix it fast. A mistake can cost you a home loan, a new job, or hundreds of dollars in higher interest rates. But getting the big three credit bureaus—Equifax, Experian, and TransUnion—to actually correct their mistakes isn’t always easy. That’s why … Read more

There is a reason the parking lot is always full. Whether you love the low prices or just tolerate the crowds to get them, Walmart remains a cornerstone of the American budget. We recently asked Money Talks News readers to share the specific items they buy at Walmart faithfully — the products that end up … Read more

Roughly 6 million people reported income from tips on federal income tax returns in the past — and you can bet they’ll jump at the chance to see a bigger refund by claiming a new deduction on tip income on 2025 federal returns. We’re talking about waitstaff, food servers, fast food and counter workers, barbers … Read more

Oh my word. You’re going to love this list of the best $50 sign up bonus offers that allow you to sign up for money and bonuses. Just take a look at the list and see which ones interest you and you’ll receive a free sign-up bonus when you complete qualifying activities or requirements. Best … Read more