Fed up with U.S. health care costs, these Americans moved abroad The Washington Post Source link
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2026 Shelby Super Snake-R has more HP than its donor Mustang GTD and costs $100k less – Supercar Blondie
Ford has revealed one of its most formidable track-ready cars yet, as the 2026 Shelby Super Snake-R has arrived with more HP than its donor Mustang GTD – and $100k shaved off its price. Monterey Car Week 2025 has gotten off to an impressive start with new additions to the Lamborghini and Bugatti family. But one of the biggest success …
Read More »U.S. producer prices surge in July as Trump tariffs push costs higher
WASHINGTON (AP) — U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on the way. The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers— rose 0.9% last month from June, biggest jump …
Read More »Tapestry Stock Slumps as Coach, Kate Spade Parent Cuts Outlook on Tariff Costs
Cheng Xin / Getty Images The news offset better-than-expected fourth-quarter results, driven by demand for Coach bags Fashion handbag maker Tapestry slashed its full-year forecast because of the costs on new U.S. tariffs. The company lowered its fiscal 2026 earnings per share estimate as it anticipates a $160 million hit from tariffs. The news offset better-than-expected fourth-quarter results, driven by …
Read More »U.S. producer prices surge in July as Trump tariffs push costs higher
WASHINGTON (AP) — U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on the way. The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers— rose 0.9% last month from June, biggest jump …
Read More »Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs
Goldman Sachs is refusing to back away from its analysis that Americans—not foreign exporters or overseas governments—are bearing the majority of costs from President Donald Trump’s sweeping tariffs. The Wall Street giant doubled down this week on chief economist Jan Hatzius’s research as inflation data showed a jump in consumer prices and the political backlash from the White House intensified. …
Read More »Trump tells Goldman Sachs CEO to hire a new economist after bank says consumers will pay bulk of tariff costs
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 …
Read More »US prices continued rise in July as Trump tariffs impact consumer costs | US economy
US prices continued to rise in July, according to key economic data released on Tuesday, as Donald Trump’s international tariffs shakeup started to impact consumer costs. Prices were 2.7% higher last month compared with a year ago, according to the consumer price index (CPI), which measures the prices of a basket of goods and services. Though inflation dipped down in …
Read More »The hidden costs of cutting Medicaid : Planet Money : NPR
Amr Bo Shanab/Getty Images With the passage of the big Republican tax and spending bill, the federal government is poised to reduce support for Medicaid and the insurance marketplaces established by the Affordable Care Act. The Congressional Budget Office estimates that these cuts could cause 10 million Americans to lose health insurance by 2034. Lawmakers have justified these cuts as …
Read More »Consumers are already paying two-thirds of tariff costs, says Goldman Sachs
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 …
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