From chain stores like Walmart to small local stores, to customers, everyone is bracing for the pain.

Despite a pause by President Trump on reciprocal tariffs that were supposed to go into effect on Wednesday, his administration is still implementing a baseline 10% tariff on imports from dozens of countries, as well as a tariff on Chinese imports that is now up to 125%. Here’s what you need to know about the tariffs and what comes next.

President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession.

As sweeping international tariffs take effect, small businesses across Central Florida are feeling the pressure, including Winter Park Cycles, which is warning customers of potential price increases due to the rising cost of imported bicycle parts.

A trip to the grocery store often leads to sticker shock, especially with rising egg prices. But what if you could have your own backyard chickens, providing farm-fresh, organic eggs every day?

The U.S. Postal Service is facing an uncertain future after the resignation this week of Postmaster General Louis DeJoy and the suggestion by President Donald Trump and Elon Musk of possibly privatizing the mail service.

Grocery stores are restricting eggs and raising prices as national farms grapple with persistent bird flu outbreaks and the rising cost of feed. For Central Florida’s egg farmers, their chickens are revving up for egg-laying season, and they are trying to meet the demand.

Orange County is delaying its plan to use American Rescue Plan funds to pay off medical debt relief after commissioners questioned how recipients would be identified.

Soon some will see a lower light bill. The Orlando Utilities Commission approved a 5 percent cut to customers electric bills starting in July.

The IRS will make permanent the free electronic tax return filing system that it experimented with this year.

Macy’s will close 150 unproductive namesake stores over the next three years, including 50 by year-end.

The Biden administration has proposed banning another type of bank “junk fee,” targeting fees that are typically charged by banks when a transaction is declined in real time.

Florida’s Disaster Preparedness Sales Tax Holiday is happening twice this year, and the second holiday period starts Saturday.

The IRS says it has answered 2 million more calls this tax filing season than a year ago, with the average phone wait time now at four minutes.

General Motors is telling owners of some older Chevrolet Bolts to park them outdoors and not to charge them overnight because two of the electric cars caught fire after recall repairs were made.

BERLIN – A German appeals court has ruled in several lawsuits against automaker Volkswagen, saying consumers who unknowingly bought cars with software installed to cheat diesel emissions tests deserve compensation but those who purchased them later don’t. The Stuttgart appeals court ruled Thursday plaintiffs could demand repayment of the purchase price, minus a portion for usage, for cars bought between 2013-2015. The scandal came to light when U.S. authorities announced the violation in September 2015. It has cost Volkswagen some 30 billion euros ($33 billion) in fines, recalls and settlements, and several former executives have faced legal repercussions. The court rejected damage claims from plaintiffs who purchased vehices in 2016, saying Volkswagen’s announcements after the scandal broke were “sufficient in content and scope to inform the public.”The rulings can be appealed.