It’s true the housing market has ground to a halt. And at some point, a lower base rate could improve the mortgage offers made to would-be buyers and kick-start activity in the sector. “Could somebody please inform Jerome ‘Too Late’ Powell that he is hurting the housing industry, very badly?” the president wrote on Truth Social this week. “People can’t …
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The Trump administration on Tuesday announced that the 50% aluminum tariff President Donald Trump instituted will now apply to 400 more product categories, a move that will almost certainly raise prices for American consumers who are desperate for a reprieve. “Today’s action expands the reach of the steel and aluminum tariffs and shuts down avenues for circumvention—supporting the continued revitalization …
Read More »Home Depot Sees Modest Price Movement, Says Consumers Deferring Larger Projects – WSJ The Wall Street Journal Home Depot (HD) Stock Rises After Earnings Miss Estimates. Here’s Why. Barron’s Home Depot says it will raise some prices because of tariffs CNN Home Depot Sales Fall Short as Tariffs, Rates Curb Demand Bloomberg.com Home Depot maintains full-year forecast even as it misses on earnings for …
Read More »Cava Cuts Outlook on Weak Second Quarter as Consumers Face ‘Fog and Uncertainty’ The Wall Street Journal Earnings live: SoundHound AI stock soars, The Trade Desk tanks as Q2 earnings season starts winding down Yahoo Finance Cava stock plummets after company lowers forecast on disappointing same-store sales growth CNBC Cava Cuts Sales Outlook on Cautious Diners, High Growth Bar Bloomberg.com Cava’s shares crater after …
Read More »Cava trims sales outlook, stock tumbles as CEO says consumers are navigating a ‘fog’ MarketWatch Earnings live: SoundHound AI stock soars, The Trade Desk tanks as Q2 earnings season starts winding down Yahoo Finance Cava stock plummets after company lowers forecast on disappointing same-store sales growth CNBC Cava’s shares crater after first annual sales growth target cut since IPO Reuters Cava Cuts Outlook on …
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Facebook Tweet Email Link Days after Goldman Sachs’ top economists published research claiming price increases stemming from higher tariffs are poised to soon be borne mostly by consumers, President Donald Trump is urging the bank’s CEO, David Solomon, to get a new economist. “Tariffs have not caused Inflation, or any other problems for America, other than massive amounts of CASH …
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When President Trump announced his tariff agenda, he said it would be foreign companies and consumers that would “eat” the price hikes. That’s a take that may be proved optimistic at best and misguided at worst. While tariffs have yet to significantly shift the dial on inflation—prompting individuals like Treasury Secretary Scott Bessent to label them the “dog that didn’t …
Read More »US Consumers to Bear Brunt of Tariff Hit, Goldman Economists Say Bloomberg.com Trump said foreign countries would ‘eat’ tariffs—but U.S. consumers and businesses will actually pay 75% at best Fortune Will US inflation numbers withstand pressure from Trump? Financial Times Bad news for US shoppers: The cost of everything from laptops to cars is likely to keep rising Business Insider Everyday Economics: CPI takes …
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Facebook Tweet Email Link Ike’s Chili in Tulsa, Oklahoma, has been around for 117 years, surviving a myriad of challenges like the Great Depression, the Covid-19 pandemic and a once-in-a-generation burst of inflation. But 2025 already holds an even more complicated challenge. “The cost of everything’s just going up, and we’ve got to figure out how to manage it right,” …
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American businesses and consumers soon will have a better idea of how President Donald Trump’s foreign trade agenda might affect them now that the United States has imposed higher tariffs on products from dozens of countries. It’s been nearly 100 years since the nation had an overall import tax rate as high as the one set Thursday. But the individual …
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