Tag: President Trump
June CPI Data to Show Tariff-Driven Price Bump
Inflation Seen Accelerating as Tariffs Start to Bite Investors are bracing for a noticeable uptick in U.S. inflation as the June Consumer Price Index (CPI) [more…]
US Manufacturing Sector Contracts Amid Tariff Impact
The US manufacturing sector continued to experience contraction in May, as economic activity remained sluggish, according to the latest report from the Institute for Supply [more…]
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…]
Nvidia to Supply 18,000 AI Chips to Saudi Company Humain
Nvidia Secures Deal with Saudi Arabia’s Humain Nvidia CEO Jensen Huang announced on Tuesday that the company will supply over 18,000 of its latest artificial [more…]
Walmart Withdraws Financial Guidance Amid Tariff Uncertainty
Walmart’s Response to Uncertainty in Global Tariffs Walmart, the world’s largest retailer, has decided to pull its financial guidance for the first quarter of the [more…]
