Tag Archives: consumers

American businesses and consumers woke up Friday to find the contours of President Donald Trump’s foreign trade agenda taking shape but without much more clarity on how import taxes on goods from dozens of countries would affect them. Late Thursday, Trump ordered new tariff rates for 66 countries, the European Union, Taiwan and the Falkland Islands. Among them: a 40% …

Trump ends international tax loophole: What it means for consumers, businesses  Axios Trump ends de minimis exemption for global low-cost goods  CNBC US ends tariff exemption for all low-value packages  Reuters FedEx and UPS Shares Fall After White House Sets End Date for ‘De Minimis’ Rule  The Wall Street Journal Trump closes key trade loophole, impacting Shein, Temu orders  USA Today Source link

Trump Announces Health Care Records System for Consumers  The New York Times Trump administration is launching a new private health tracking system with Big Tech’s help  AP News New tech-focused MAHA initiatives will usher in ‘new era of convenience,’ improve health outcomes, Trump says  foxnews.com The White House announced a new health data tracking system. How would it work?  PBS Anthropic Signs CMS Health …

Visa Profit Climbs 8% as Consumers Keep Spending  Barron’s Visa beats quarterly estimates on resilient consumer spending but steady forecast drags shares  Yahoo Finance Visa says spending is growing at a healthy rate, but its stock dips after earnings  MarketWatch Visa, Mastercard set for higher profits on solid spending trends  Reuters Visa Profit Beats Estimates on Gains in Cross-Border Spending  Bloomberg.com Source link

QR codes were once a quirky novelty that prompted a fun scan with the phone. Early on, you might have seen a QR code on a museum exhibit and scanned it to learn more about the eating habits of the woolly mammoth or military strategies of Genghis Khan. During the pandemic, QR codes became the default restaurant menu. However, as …

Exclusive: Despite tariff uncertainty, consumers ready to buy cars, survey finds  Axios Source link

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 …

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) …

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

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 …