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Trump Doubles Steel Tariffs Amid Controversy

Trump Doubles Steel Tariffs Amid Controversy

POLITICS - 6/4/2025

President Trump has doubled tariffs on imported steel and aluminum to 50%, igniting debates over rising costs for consumers and businesses. Meanwhile, aid operations in Gaza have been paused amid escalating violence.

Retailers Tread Carefully as Tariff-Driven Price Increases Loom

Retailers Tread Carefully as Tariff-Driven Price Increases Loom

BUSINESS - 5/31/2025

Retailers are cleverly adjusting prices without alarming customers about tariff-related increases. Instead of blunt price hikes, they're using terms like 'strategic adjustments' to navigate rising costs while keeping shoppers engaged.

Treasury Secretary Dismisses Inflation Fears Amid Trump Tariff Talks

Treasury Secretary Dismisses Inflation Fears Amid Trump Tariff Talks

BUSINESS - 5/18/2025

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.

Trump vs. Walmart: The Tariff Battle That Could Change Prices

Trump vs. Walmart: The Tariff Battle That Could Change Prices

BUSINESS - 5/18/2025

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.

Trump Takes Aim at Walmart Over Price Hikes Linked to Tariffs

Trump Takes Aim at Walmart Over Price Hikes Linked to Tariffs

BUSINESS - 5/17/2025

President Trump criticizes Walmart for raising prices due to tariffs, urging the retailer to absorb costs instead. Walmart CFO acknowledges challenges but aims to keep prices competitive amidst rising costs.

Wall Street Warns: Student Loan Repayment Resumes, Impact on Low-Income Americans Looms

Wall Street Warns: Student Loan Repayment Resumes, Impact on Low-Income Americans Looms

BUSINESS - 5/16/2025

Wall Street warns that the U.S. Department of Education's resumption of student loan collections could dramatically impact low-income Americans, potentially cutting billions from disposable income monthly. Experts predict a significant strain on consumer finances amid rising costs and economic pressures.

Stock Futures Steady as S&P 500 Rallies on Tariff Truce and Inflation Relief

Stock Futures Steady as S&P 500 Rallies on Tariff Truce and Inflation Relief

BUSINESS - 5/16/2025

Stock futures remained steady after the S&P 500's four-day rally, driven by a temporary U.S.-China tariff truce and positive inflation reports. Tech giants lead the surge, but concerns linger over rising costs.

Walmart's Price Hike Signals Tariff Impact on American Shoppers

Walmart's Price Hike Signals Tariff Impact on American Shoppers

BUSINESS - 5/16/2025

Walmart announces unavoidable price hikes due to Trump's tariffs, affecting everyday goods. As consumers brace for rising costs, the economic landscape grows uncertain. Will this impact your shopping habits?

NJ Transit on the Brink: Major Rail Strike Looms as Deadline Approaches

NJ Transit on the Brink: Major Rail Strike Looms as Deadline Approaches

WORLD - 5/15/2025

With a midnight deadline approaching, NJ Transit riders face significant disruptions as a potential rail strike looms for the first time in over 40 years. Commuters scramble for alternatives, fearing steep costs and inconvenience.

Walmart Faces Price Hikes Amid Trump’s Tariff Challenges

Walmart Faces Price Hikes Amid Trump’s Tariff Challenges

BUSINESS - 5/15/2025

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.

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