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The House’s Policy Bill Would Lose Money. Could Trump’s Tariffs Replace It?
Over the past few months, after President Trump imposed wave after wave of tariffs, companies began paying billions more to bring goods…
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Fees and Rates)
News
CPI Shows U.S. Inflation Remains Muted as Tariff Impact Is Limited
Businesses across the United States have for months warned that they would raise prices on their customers in response to President…
Business
Are We Headed for Recession? Economists Look Everywhere for Signs.
Americans are spending less at McDonald’s. Fewer container ships are expected at the Port of Los Angeles. Procter & Gamble is raising…
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Consumers Are Pulling Back, Spooked by Tariff-Related Price Increases
As central bankers weigh the possibility of President Trump’s tariffs reigniting inflation, major companies are foreshadowing price…
Business
Disney’s Park Business Grows Despite Consumer Angst
Americans, struggling with rising costs, have been looking for ways to cut back on nonessential spending. But Disney, so far at least,…
News
Countdown to Scott Bessent’s Trade Talks With China
An Israeli spyware company is ordered to pay Meta $167 million. A federal jury in California awarded Meta damages from the NSO Group,…
Business
What to Watch at the Federal Reserve’s May Meeting
The Federal Reserve is set to extend its pause on interest rate cuts on Wednesday amid concerns that President Trump’s tariffs will…
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Barbie Maker Mattel Plans to Raise Prices Because of Trump’s Tariffs
Less than a week ago, President Trump suggested that children may have to make do with fewer toys this year. “Well, maybe the children…
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How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx
Less than a year ago, executives from FedEx and UPS were talking about how they were handling a flood of packages from China to American…
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Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor said on Monday that the Trump administration’s tariff policies were likely to lower its 2025 profit, before interest and taxes,…
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Farmers in Iowa Are Caught in Trump’s Trade War
It was time for Beau Hanson to lay down his bets. Like other farmers in western Iowa, in early April Mr. Hanson was preparing for spring…
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Oil Prices Slide Further on Plans to Increase Supply
Oil prices resumed their downward slide after the OPEC Plus cartel of oil producers said over the weekend that it would pump more oil,…
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Oil Prices Are Falling. Here’s Where That Could Spell Trouble.
Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in prices to the lowest levels in four years seen…
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They Help Companies Set Prices. Tariffs Are Making It Trickier.
We import a few raw materials for our manufactured products such as yttrium oxide, which is derived from a rare earth metal. We also…
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Car Prices Expected to Rise as Tariffs on Parts Kick In
The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new and used vehicles…
News
Companies Are Raising Prices as Tariffs Hit
More companies are starting to warn that they will have to pass on higher costs to American consumers, raising prices for products like…
Business
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more…
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Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout…
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GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration’s tariffs would…
Business
A Tidal Wave of Change Is Headed for the U.S. Economy
When the Covid pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products…
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How to Save Time and Money at the Airport
From long lines to overpriced food and scarce seating, airports are rife with pitfalls. For some people, said Katy Nastro, a travel expert…
News
As a Tariff Loophole Closes, Sellers Who Import From China Brace for Chaos
Small-ticket items shipped to the United States from China will no longer be exempt from tariffs starting on Friday, when a decision by…
News
Do CEOs Dare Risk Tariff Transparency, and Draw Trump’s Fury?
Trump’s price war At a rally in Michigan last night, President Trump declared that “we’re ending the inflation nightmare.” But corporate…
Business
Starbucks Profit Drops, but Leaders Say Turnaround Is Working
Faster coffee. More baristas. More seating. Despite headwinds from higher coffee prices and tariffs on certain products, Starbucks is…