US Companies, Consumers Are Paying for Trump’s Tariffs, Not Foreign Firms Bloomberg.com Tariffs haven’t raised prices significantly yet. That’s about to change. vox.com Trump Tariffs Could Drive Up The Cost Of These Goods After August 1 Deadline Forbes Companies are passing rising tariff costs on to U.S. consumers, real-time pricing data show The Globe and Mail Tariffs hit U.S. companies hard, but businesses absorb …
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‘Increasingly Selective Consumers’ to Blame for Underperformance of Blades of Fire
An “oversupply of new releases and increasingly selective consumers” are to blame for PS5 action game Blades of Fire’s underperformance. That’s according to Italian organisation Digital Bros, which owns publisher 505 Games. The firm has warned that its earnings will be lower than the previous year as a result of the title flopping. It’s predicting a €10 million (~$11.7 million) …
Read More »The stock market isn’t waiting around for Aug. 1 to decide if tariffs will hurt consumers – MarketWatch
The stock market isn’t waiting around for Aug. 1 to decide if tariffs will hurt consumers MarketWatch Retail sales jumped more than expected last month CNN Consumer Spending Is Starting to Crack. What It Means For Retail Stocks. Barron’s US retail sales growth, steady job market bolster Fed’s rate-cut delay Reuters Retail sales jump after spring pullback in shopping Axios Source link
Read More »Workers at the CFPB watch hopelessly as the GOP undoes the work they did to help consumers
NEW YORK (AP) — The lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get paid. But, in practice, the bureau has been mostly inoperable for nearly six months. CFPB employees say they essentially spend the workday sitting on their hands, forbidden from doing any work by directive from the …
Read More »Walmart recalls 850,000 water bottles after two consumers suffer vision loss from ejecting caps
NEW YORK — Walmart is recalling about 850,000 stainless steel water bottles because the lid can “forcefully eject” and unexpectedly strike consumers — resulting in permanent vision loss for two people to date. The recall covers Walmart’s “Ozark Trail 64 oz Stainless Steel Insulated Water Bottles,” which have been sold at the chain’s stores across the country since 2017. According …
Read More »Walmart recalls 850,000 water bottles after two consumers suffer vision loss from ejecting caps
NEW YORK (AP) — Walmart is recalling about 850,000 stainless steel water bottles because the lid can “forcefully eject” and unexpectedly strike consumers — resulting in permanent vision loss for two people to date. The recall covers Walmart’s “Ozark Trail 64 oz Stainless Steel Insulated Water Bottles,” which have been sold at the chain’s stores across the country since 2017. …
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