After several years of consistent mortgage rate increases and soaring home prices, the prognosis for the 2025 housing market seemed promising at the start of the the year. However, recent economic and political instability has cratered consumer confidence and homebuyer optimism.

At Taylor's Market in Sacramento's Land Park neighborhood, they could be taking a direct hit from these tariffs because 50% of the food they sell is imported.

President Donald Trump’s shake-up of the global trading system is hurting US assets more than those in many of the big economies he has just slapped with additional tariffs.

A stock market rout, historic in scale, has swept across the globe wiping more than $10 trillion off major markets, as concerns about the economic damage unleashed by U.S. President Donald Trump's tariffs spiral.

US stocks were extremely volatile Monday as traders searched for any sign that President Donald Trump’s tariffs could be negotiated or halted.

The US president says he will introduce the additional tariff unless China withdraws its own 34% counter-tariff on American goods.

The big question as global stock selloffs point to another week of plunging markets in the US is how much pain President Donald Trump is prepared to inflict to test his tariff theories.

U.S. President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars from global markets.

The report, that President Trump was considering a pause on his expansive tariffs, spread on social media and was amplified by CNBC and Reuters. The White House called the claim “fake news.”