Nvidia is gearing up to share its financial results for the first quarter of the fiscal year. This event is highly anticipated, as it will shed light on how the company is handling the tariffs introduced by former President Donald Trump. Additionally, investors are eager to see how Nvidia is faring in the competitive Chinese market, where its share has been decreasin...
The U. S. Treasury Secretary, Scott Bessent, recently hinted that Walmart, the nation's biggest retailer, might increase prices due to President Trump's tariffs. This came after Trump warned Walmart not to raise prices and promised to keep a close eye on the situation. The conversation between Bessent and Walmart's CEO, Doug McMillon, happened just a day after Trump...
In today's tech world, price changes happen all the time. But when a big name like Microsoft raises prices on popular items, it's worth taking a closer look. Recently, Microsoft announced that Xbox consoles, games, and accessories will cost more in the United States and Canada. The company pointed to "market conditions" and "rising development costs" as the reasons. ...
The CEO of General Motors, Mary Barra, started her quarterly letter to investors with a nod to President Trump. She thanked him for his backing of the U. S. auto industry. However, she later revealed a significant issue: the company expects to face a financial hit of $4 billion to $5 billion due to Trump's tariffs. This situation shows the tricky path GM must walk. ...
A major shake-up is happening at UPS. The company is planning to cut 20, 000 jobs. This is a big deal. It's all because of the economic uncertainty caused by Trump's tariffs. These tariffs are making it tough for UPS's biggest customer, Amazon, to keep up the same level of demand. UPS's shares took a small hit, dropping 1% in early trading. But the company is lookin...
Tariffs have become a hot topic, especially when it comes to online shopping. The Chinese e-commerce business Shein has recently increased prices for its American customers. This move is a direct response to the tariff increases imposed by the U. S. government. This is not just about a few cents here and there. Some items have seen price jumps of over 377 percent. T...
The retro gaming industry is in a bit of a pickle. The problem started when tariffs were slapped on goods coming from China. These tariffs are making it tough for companies that make handheld gaming devices. Anbernic, known for its popular Anbernic RG35XX Plus, has hit the pause button on sending their products to the U. S. They're not the only ones feeling the heat....
The head of a major finance company was taken aback by the recent tariff announcements from the U. S. president. He joined other finance leaders in expressing worry that these tariffs could lead to a significant economic downturn. He pointed out that the tariffs would affect more than just the stock market. Millions of everyday people would feel the impact on their r...
The trade policies of the Trump administration have caused a stir among Americans. Some have started to change their spending habits. This is because of the uncertainty surrounding tariffs and their potential impact on the economy. The President's policies have led to a mix of fear and strategic planning among consumers. Some are stocking up on essentials, while o...
In the world of business, companies are finding clever ways to pass on the cost of new tariffs to consumers. Some are being straightforward, while others are taking a more subtle approach. The reason for this? The current trade war has led to increased costs for imported goods, and businesses are looking for ways to stay afloat. The skincare brand Jolie, known f...