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Of corn. they aren't the only ones paying the price of the president's tariff. the new york fed reports the latest increase is costing the average american household $831 a year. the president here in the american capitalist economy is picking win skpeners and losers effecting a transfer of wealth to american consumers, the ones who ultimately pay the tariffs, to farmers being hurt by his trade policies. democrats and republicans are urging the president not to bypass congress in a controversial arms deal to saudi arabia. there is growing concern the administration may use a legal window which...

Trump does not have a magic bank account with tariff revenue in it that he can write a check from. it just doesn't work like that. the program that the usda wants to use is a depression era emergency facility meant for disaster relief. economic disaster, confirming the president's trade war is an economic disaster for american farmers. farmers will not remotely be made whole by it. the national corn growers association said the last bailout amounted to a penny a bushel for corn. farmers want access to global markets. they're not the only ones paying the price of tariffs. the new york fed repor...

He wrote extensively about the homeless. >> one of the most i mpoverishe place you have ever seen. >> thousands of people cling to life inside skid road, above the street is a vast ecosystem of shelters and clinics, providing food and clothing and temporary housing. one of them, the midnight mission, some sleeps head to toes in its courtyard, a sanctuary or gangs or prostitution or drugs. it feels like a war zone. >> in one hour at this intersection, we saw four overdoses, police and emergency units removed one person after another. 831 people died homeless in l.a.

The immigrants in the case argue they should get hearings to argue for their release as they go through deportation proceedings. we will follow that. a fox business alert, the u.s. stock market on edge after plunging to its worst loss in eight months. the dow jones industrial average falling 831 points. amazon and apple having their worst day in two and-a-half years. retailers and technology companies also seeing major declines. experts blame the drop on rising interest rates. and more to come on all of that and how it's impacting the economy straight ahead. deputy attorney general rod roseen ...

Companies were hit the hardest. >> good morning. we could see another selloff today. futures pointing firmly in the red, dow futures down by about 300 points. but here is how we closed yesterday. the dow lost 831 points, its worst day since february 8, losses of 3.1%. the nasdaq lost 315 points, down by 4.1%, its biggest one day decline since june 2016. the s&p 500 lost as well, the steepest lost since february 8. some of the biggest losers, tech stocks hurting, hammered hard with the selloff. amazon lost 6.2%, apple, google, facebook, netflix losing 8% yesterday. anwhile this seems like a maj...