Nike's shares soared after announcing a production shift away from China amidst looming tariffs. The company plans 'surgical' price increases, raising concerns for back-to-school shoppers as retail giants face rising costs.
Nike is bracing for a staggering $1 billion cost increase due to tariffs from Trump's trade war, prompting price hikes and a shift in manufacturing. As revenues plunge, can Nike turn things around?
The EU has launched an antitrust investigation into Mars' acquisition of Kellanova, citing concerns over market price hikes and increased bargaining power. Will this multibillion-dollar deal be blocked?
Jerome Powell cautions that Trump's tariff plans could lead to persistent inflation, influencing the Fed's approach to interest rate cuts. As trade tensions rise, the economic outlook remains uncertain.
Philips is raising prices on its Hue smart lighting series starting July 1 due to tariffs, urging customers to purchase now. Future increases are likely as tariffs loom.
Philips Hue lights are set to see a price increase on July 1, 2025, due to tariffs linked to Trump’s trade policies. Discover how these changes will affect your smart lighting choices.
Businesses in the U.S. are warning of price hikes due to Trump's tariffs, but recent data shows only a limited impact on inflation. Learn how this could change in the coming months!
U.S. stock futures fell as traders reacted to a preliminary U.S.-China trade deal and inflation data showing lower-than-expected consumer price increases. Major indexes closed lower, raising concerns over tariffs and market stability.
As the U.S. braces for a crucial inflation report, concerns mount over President Trump's tariffs and their potential to raise consumer prices. Major retailers like Walmart are hinting at unavoidable price hikes, signaling a shift in economic sentiment.
Today's Xbox Summer Game Fest revealed exciting new titles, including the first $80 game, The Outer Worlds 2. Fans react to the steep price increase amid ongoing industry changes.
