Tag: tariffs
US Retail Spending Slows in April Amid Tariff Concerns
In a sign that consumer demand may be fraying around the edges, U.S. retail spending slowed sharply in April to just 0.1% after a surge [more…]
Wall Street Reacts to U.S.-China Tariff Talks
Wall Street’s main indexes saw mixed results on Friday as investors closely monitored President Trump’s comments regarding U.S.-China tariffs ahead of the scheduled trade talks [more…]
U.S. Services Growth Amid Inflation Pressures from Tariffs
The U.S. services sector showed growth in April, with the Institute for Supply Management (ISM) reporting a rise in its nonmanufacturing purchasing managers index (PMI) [more…]
GasBuddy Refutes Trump’s Claims on Record Low Gas Prices
Trump’s Gas Price Claims Contradicted by GasBuddy Data GasBuddy, a company that tracks fuel costs across the United States, has refuted President Trump’s claims of [more…]
CVS Health Beats Q1 Expectations Despite Insurance Challenges
Strong Q1 Performance Drives CVS Stock Up 7% CVS Health (CVS) reported stronger-than-expected earnings for the first quarter of 2025, with shares rising 7% in [more…]
US Economy Shows Weakest Growth Since 2022 Amid Trade Wars
The U.S. economy had its worst quarter since 2022, with gross domestic product (GDP) shrinking at an annualized rate of -0.3% in the first quarter, [more…]
U.S. Consumer Giants Warn of Slowdown Due to Tariffs
U.S. consumer giants are sounding alarms over a slowdown in consumer spending, as tariffs and economic uncertainty weigh heavily on the market. “Relative to where [more…]
Tariffs, Trade Wars, and Consumer Slowdown Affecting Businesses
U.S. companies are facing significant challenges as President Donald Trump’s tariff policies continue to put pressure on businesses and consumers alike. Several companies have slashed [more…]
Trump Walks Back Threats to Fire Fed Chair Powell
U.S. President Donald Trump backtracked on his earlier threats to fire Federal Reserve Chair Jerome Powell, signaling a de-escalation after several days of harsh criticism [more…]
Stocks Drop Amid Trade Tensions and Earnings Worries
U.S. stocks dropped sharply on Monday, continuing a volatile stretch for Wall Street. Geopolitical tensions, earnings anxiety, and Federal Reserve uncertainty collided to trigger widespread [more…]
