Tag: Tariffs
Trump is deporting so many immigrants that it could cause inflation to hit 4% next year, top economist says
Donald Trump’s new immigration policies—including deporting, the White House claims, about 750 immigrants a day on average—are helping drive up prices, Moody’s chief economist...
Warren Buffett’s $1.6 billion bet on UnitedHealth sends the struggling insurer’s stock soaring
U.S. stocks are hanging around their record levels on Friday as Wall Street heads toward the finish of another winning week.
The S&P 500 edged down by...
In this economy, even the affluent are a ‘more cautious consumer,’ Sweetgreen CEO warns. Chipotle and Cava are hurting too
Chipotle, Cava, and Sweetgreen are all confronting a marked consumer spending slowdown in 2025, evident in disappointing sales, flat or declining customer traffic, and...
Switzerland warns its companies that no, they can’t dodge Trump’s tariffs by routing goods through the tiny neighboring country of Liechtenstein
The Swiss government is telling its domestic companies that they have not, in fact, found a clever way to skirt President Donald Trump’s tariffs...
Toy shortages this holiday shopping season are an ‘absolute inevitability’ thanks to tariffs, manufacturing CEO says
This holiday season, toy shortages are an “absolute inevitability,” according to Jay Foreman, CEO of Florida-based toy manufacturer Basic Fun.
A combination of tariff-induced production...
Inflation is staying level—for now—but the next wave of tariff-driven price increases is already in motion: ‘They are going up, we’ve seen that’
WASHINGTON (AP) — U.S. inflation was unchanged last month while a measure of underlying inflation rose to its highest level in five months, as...
Trump said foreign countries would ‘eat’ tariffs—but U.S. consumers and businesses will actually pay 75% at best
When President Trump announced his tariff agenda, he said it would be foreign companies and consumers that would “eat” the price hikes. That’s a...
A third of CEOs plan to axe jobs over the next year—and a majority now say they’ll pass on new tariff costs to their customers
American CEOs are feeling slightly more confident as they enter the second half of 2025—but not optimistic enough to grow their headcount as they...
Apple to announce $100B further commitment for U.S. manufacturing | TechCrunch
Apple plans to increase its commitment to U.S. manufacturing, according to a White House official cited and first reported by Reuters.
The tech giant...
Charter Planes and Bidding Wars: How Bitcoin Miners Raced to Beat Trump’s Tariffs
For companies importing goods from Southeast Asia, like Luxor, the timing of Trump’s announcement was particularly unhelpful, coinciding with Eid, the public holiday celebrated...
