Treasury Secretary Scott Bessent states Walmart may have to raise prices due to Trump's tariffs, despite the President's warnings to avoid doing so. As inflation concerns linger, Bessent downplays the impact on consumers.
In a recent interview, Treasury Secretary Scott Bessent downplayed inflation fears linked to Trump’s tariffs, emphasizing Walmart’s ability to absorb costs. He praised strategic uncertainty in trade negotiations while addressing concerns over rising consumer prices.
In a recent social media post, President Trump criticized Walmart for raising prices due to tariffs, insisting they should absorb the costs instead. As inflation concerns grow, will Walmart heed his call?
In an electrifying main event at UFC Fight Night, Michael Morales secured a stunning first-round TKO victory over Gilbert Burns, solidifying his status as a rising star in the welterweight division. Read all about the thrilling action!
Tequila makers like Kendall Jenner's 818 Tequila are feeling the pinch as consumer spending declines and the industry faces oversupply and potential tariffs. Discover how brands are adapting to these challenges.
In an unexpected social media clash, President Trump slammed Walmart for warning about price increases due to tariffs. He insists the retail giant can absorb costs without passing them to customers, igniting a heated debate over trade and inflation.
A devastating explosion in Palm Springs has claimed at least one life and severely damaged several buildings, including a fertility clinic. Witnesses report horrific scenes at the site of the blast.
In a shocking overnight jailbreak, ten men escaped from a New Orleans jail through a hole behind a toilet. Authorities are now on the hunt as some escapees remain at large, raising questions about security failures.
In his first 100 days, President Trump faces declining approval ratings and fierce opposition while navigating tariffs and a legal battle with Harvard. Discover the key events shaping his presidency.
With tariffs on Chinese imports dropping from 145% to 30%, small business owners like Connor Alexander fear it may not be enough time for meaningful change. As uncertainty looms, they face tough decisions about production and pricing.