IMPACT OF TARIFFS

May 31 2025BUSINESS

Retailers Bracing for Price Hikes

It is no secret that trade policies can have a significant impact on the cost of goods. The recent shifts in trade policies have led to a wave of price increases across various retail sectors. This has put many retailers in a tough spot. They must balance the need to protect their profits with the risk of losing customers who might not be willing to pay more. Man...

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May 30 2025CRYPTO

Crypto and Politics: A New Dance

The crypto world is buzzing with political chatter. The vice president of the United States recently spoke at a major crypto event. He warned the crowd that politics would not overlook the crypto community. The vice president made it clear that the U. S. wants to lead in the crypto space. He believes that political decisions can greatly impact even the most groundbre...

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May 28 2025FINANCE

Fashion Giant Faces Tariff Troubles but Sees Sales Surge

The fashion world is buzzing with news from Abercrombie & Fitch. Despite a gloomy forecast due to tariffs, the company's shares skyrocketed. This unexpected reaction came after the retailer announced a significant drop in its profit outlook. Tariffs, particularly a 30% hit on imports from China and a 10% levy on goods from various other countries, are expected to cos...

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May 28 2025TECHNOLOGY

Razer's Gaming Laptop Gets a Price Boost

Razer has quietly increased the price of its high-end gaming laptop, the Blade 18. This laptop is a powerful portable gaming desktop. It was originally announced at a different price. The base model, which comes with an RTX 5070 Ti graphics card, has seen a $300 price jump from $3, 199. 99 to $3, 499. 99. This change happened without much fanfare. The top-tier mo...

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May 27 2025BUSINESS

Consumer Hope Rises After Tariff Worries Ease

In May, Americans felt a bit more optimistic about the economy. This shift came after five months of declining confidence, which hit a low point in April. The main reason for the earlier pessimism? Worries about the impact of President Donald Trump's tariffs. The Conference Board's consumer confidence index saw a significant jump of 12. 3 points in May, reaching 98....

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May 19 2025POLITICS

Walmart's Steady Growth: Why Surprise Billions Are Unlikely

Walmart is a giant in the retail world. It's the biggest retailer on the planet. It has been around for decades and has a reputation for keeping prices low. This is thanks to its massive scale and focus on efficiency. Walmart's business model is all about high volume and low margins. For every dollar it makes, only a tiny fraction turns into profit. This is by desig...

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May 15 2025BUSINESS

Tariffs and Inflation: The Hidden Costs of Trade Wars

The US economy is feeling the pinch of trade tensions. Wholesale prices took a significant dip in April, marking the steepest drop since the COVID-19 pandemic hit. This decline is largely due to the impact of tariffs on profit margins, according to recent data. The Producer Price Index, a key indicator of wholesale inflation, showed a 0. 5% decrease in April c...

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May 15 2025FINANCE

Big Shoe Deal: Dick's Sporting Goods Buys Foot Locker

A major move is happening in the sports retail world. Dick's Sporting Goods is snapping up Foot Locker for around $2. 4 billion. This isn't just any purchase; it's a big deal in the world of sports and fashion. The news comes as companies grapple with the unknowns of U. S. trade policies, especially the tariffs that could hit products made abroad. Dick's Sporting Go...

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May 09 2025POLITICS

Trade Talks: The Big Showdown Between the US and China

The stage is set for a high-stakes trade showdown between the US and China. The two economic giants are gearing up for crucial talks in Switzerland. The US has been slapping heavy tariffs on Chinese goods, with some items facing a whopping 245% tax. But now, there's talk of lowering these tariffs. President Trump hinted at this change, suggesting an 80% tariff might ...

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May 02 2025FINANCE

Economic Shifts: Jobs, Tariffs, and Uncertainty

The economic landscape in April 2025 was a mix of stability and uncertainty. Despite a significant announcement about tariffs, the job market showed resilience. The U. S. added 177, 000 jobs, which was a slowdown from the previous month's 228, 000 but still strong. The unemployment rate stayed steady at 4. 2%, which is quite low historically. This data came from the ...

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