Trump administration economic officials had mixed message for consumers Sunday: Tariffs won't raise prices, but even if they do you'll be fine when we cut taxes.
Why it matters: The administration is gambling an increasingly unhappy consumer will eat a few months of worsening conditions for the promise of something better down the road.
The Trump administration cited electronic data, found while examining cellphones, as reason to detain and deport U.S. residents or tourists under its escalating anti-immigration policies.
Why it matters: While electronic checks make up a small percentage of border interactions, people can take measures to generally safeguard their phones and personal information while traveling.
The Federal Aviation Administration is investigating after a plane crashed into a home in Brooklyn Park, Minnesota on Saturday — a day after another nearly missed colliding with a military aircraft near Reagan National Airport.
The big picture: The incidents, though unrelated, happened about two months after a midair collision marked as the deadliest air carrier crash in the U.S. since November 2001. It happened January 29 near Reagan National Airport outside D.C.
U.S. auto prices are as good as they're going to get, with consumers rushing to buy new trucks and SUVs before tariffs drive up costs, analysts say.
Why it matters: The reality of President Trump's tariffs on imported vehicles and auto parts is sinking in, with the consensus that vehicle prices will go up and the industry's financial outlook will darken.
Your annual tax bill depends at least partly on where you live, with state income taxes varying from nonexistent all the way up to nearly 14% for some especially high earners.
