U. S. factories are in a tough spot. For the sixth month in a row, manufacturing has shrunk. The main culprit? Tariffs. These import taxes are making it hard for factories to do their job. Some say things are worse now than during the Great Recession. The Institute for Supply Management (ISM) shared some grim news. Their survey showed that manufacturing is still in ...
In the world of small businesses, finding creative solutions to big problems is key. One such business, Keeley Electronics, has been hit hard by U. S. tariffs on imports from China. The company, which makes guitar pedals, relies on a specific component called a potentiometer, which can only be sourced from China. This has led to a significant increase in costs for th...
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...