Trump's Tariffs Shock India
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Black beauty businesses are bearing brunt of Trump's tariffs
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Ward is hardly the only parent facing sticker shock as they shop for kids going back to school. Online prices on apparel and accessories like shoes, bags and belts surged 9% year-over-year in July, according to data from marketing platform Klaviyo shared first with CNN.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Federal Reserve officials worried at their July meeting about the state of the labor market and inflation, though most agreed that it was too soon to lower interest rates, minutes released Wednesday showed.
Sony joins Microsoft and Nintendo in raising gaming console prices following President Donald Trump’s tariffs on China.
Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate checks.
Three months after stating the company had no plans to increase prices due to tariffs, Home Depot has backtracked. On Monday, the national home improvement retail chain confirmed to the Wall Street Journal that it plans some “modest price movement” as the tariffs increase.
Ties between the Brazil and the United States frayed when President Trump targeted the country with 50 percent tariffs to help his political ally, Jair Bolsonaro, the former Brazilian president, who is facing criminal charges for plotting a coup.
India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign,
S&P 500 companies have had a much better earnings season than initially feared, with 84% of companies beating estimates, Goldman Sachs said.