The price hikes that many expected due to recent tariffs have not yet materialized in a big way. This is good news for shoppers and the overall economy. The Consumer Price Index, a key measure of inflation, showed a modest increase in May. It rose by 2. 4 percent compared to the same month last year. This is just a slight uptick from April's 2. 3 percent annual incre...
Lululemon, a popular athletic wear brand, recently shared its financial results for the first quarter of 2025. The company managed to exceed Wall Street's earnings and revenue expectations. However, it also lowered its full-year earnings forecast, citing challenges from tariffs and a slowing U. S. economy. This move highlights the tough decisions companies face in a ...
Best Buy has recently announced a change in its financial outlook for the year. This change is largely due to increased tariffs, which have raised the costs of many products the company sells. These tariffs are part of a broader trade policy that has been causing waves in the U. S. economy. The company now expects its revenue to be lower than previously thought. Inst...
In the heart of Fort Worth, a massive warehouse sprawls across 250, 000 square feet. This is not your typical storage space. It is a hub for returned items, a place where televisions, laptops, power tools, and even fishing rods find a second life. These goods, worth millions, have been sent back by customers to big-name retailers like Walmart, J. C. Penney, and Bass ...
The delivery world is in for a shakeup. UPS has announced it will be letting go of 20, 000 workers this year. This move is part of a bigger plan to tighten the belt and boost profits. The company is feeling the pinch from various factors, including the tariffs introduced by President Trump. These tariffs have led some customers to cut back on shipping. The compan...
Amazon has no plans to show tariff costs on its site. This is despite a report that suggested otherwise and the White House's strong reaction. The misunderstanding started with a report from Punchbowl News. It said Amazon would display tariff costs next to product prices. This sparked a quick response from the White House. They accused Amazon of a "hostile and politi...
Logitech has quietly raised the cost of many of its products. This shift has not been officially announced. This means that customers might be paying more for their favorite Logitech items without even realizing it. Recently, a tech enthusiast named Cameron Dougherty shared a video. In it, he highlighted some significant price hikes. Some Logitech products, ...
Ford has made some big changes to its shipping plans. Due to high tariffs, Ford has paused sending certain vehicles from the U. S. to China. This includes popular models like the F-150 Raptor, Mustang, Bronco, and Lincoln Navigator. These cars are built in Michigan and Kentucky. Ford is not alone in this struggle. Many companies are trying to figure out how to handle...
The month of March saw a notable increase in retail sales across the United States. This surge was largely due to consumers rushing to make purchases before significant tariff increases took effect. The Commerce Department reported a 1. 4% rise in retail sales from February to March, the highest monthly increase since January 2023. This jump was primarily driven by t...
The Nintendo Switch 2 is creating quite a buzz, but not everyone can jump in just yet. Those in the UK are lucky enough to secure their pre-orders, but folks in the US and Canada are still in the waiting game. The delay? New tariffs announced by the US President are causing some headaches for Nintendo. These tariffs are making it tough for the company to set a firm d...