A new analysis by Goldman Sachs economists on the labor market impact of tariffs found that President Trump's tariffs may boost manufacturing but shrink the overall American workforce.

Mortgage rates are bouncing around, though not because of inflation data or job numbers. Financial markets (stocks and bonds) are being shaken by President Donald Trump's on-again, off-again tariffs.

The White House said it was eyeing tariffs on semiconductor chips, which control electrical currents and are used in computers, cell phones and cars.