As President Trump's tariffs take effect, Walmart warns of impending price hikes on various products. CEO Doug McMillon highlights the challenges of maintaining low prices amidst rising costs and trade uncertainty.
U.S. consumer prices saw a moderate rebound in April, leading to the smallest annual increase in four years. While the Federal Reserve maintains its wait-and-see approach, concerns about tariffs and economic growth persist. What does this mean for inflation and your wallet?
President Trump announces a controversial trade deal lowering tariffs on luxury UK cars while threatening a 100% tariff on popular toys from Mattel, creating a stir over consumer prices.
President Trump admits tariffs could raise prices on children's toys but insists Americans will prefer better quality, domestic products. As the economy contracts, concerns grow over the impact of trade wars.
In a major policy shift, the US is closing a duty-free loophole that allowed low-value packages from China to enter without taxes. This change, effective May 2, will push prices up for popular online retailers like Shein and Temu, impacting millions of American shoppers.
The tech industry braces for potential new tariffs as U.S. Commerce Secretary Howard Lutnick hints at targeted levies on semiconductors, despite exemptions for some consumer electronics. Trump’s comments fuel confusion about the true impact on prices and production.
As businesses respond to President Trump's tariffs, many are implementing 'tariff surcharges' at checkout. Some brands, like Jolie and Dame, are openly attributing these fees to Trump, while others opt for less direct approaches. Discover how this trend is affecting consumer prices and business strategies.
US wholesale prices fell 0.4% in March, raising questions about inflation and the impact of President Trump's aggressive trade policies. Energy prices led the drop, but food prices also saw a decrease. Is a recession on the horizon?
President Trump's recent 90-day suspension of tariffs might seem like good news, but experts warn consumers will still face significant price hikes on various goods. From electronics to clothing, here's how your wallet will feel the pinch.
Easter is approaching, but consumers are facing record-high egg prices of $6.23 per dozen. Despite a drop in wholesale prices, consumers won't see relief in time for the holiday. What’s driving these costs?
