Tag Archives: U.S

U.S. inflation may have worsened last month as Trump’s tariffs start to bite

U.S. inflation may have worsened last month as Trump’s tariffs start to bite

WASHINGTON (AP) — Inflation likely accelerated in June as sweeping tariffs on nearly all imports may have pushed up prices for electronics, appliances, and other goods, economists forecast. Consumer prices probably rose 2.6% last month from a year ago, up from an annual increase of 2.4% in May, according to data provider FactSet. The Labor Department will issue its inflation …

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The Race Is On to Build U.S. Copper Mines After Trump Pledges Higher Tariffs – WSJ – The Wall Street Journal

The Race Is On to Build U.S. Copper Mines After Trump Pledges Higher Tariffs – WSJ  The Wall Street Journal Why Markets Went Crazy Over 50% Copper Tariffs  Bloomberg.com Looming Copper Tariffs Leave Companies Scrambling: ‘Prices Will Go Up’  The New York Times Trump says 50% tariff on copper imports will begin Aug. 1  CNBC Who pays for tariffs?  marketplace.org Source link

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Court briefly extends protections for some Afghans in U.S.

Court briefly extends protections for some Afghans in U.S.

WASHINGTON (AP) — An appeals court late Monday stepped in to keep in place protections for nearly 12,000 Afghans that have allowed them to work in the U.S. and be protected from deportation after they were set to expire as part of the Trump administration’s efforts to make more people eligible for removal from the country. The Department of Homeland …

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Nvidia says U.S. government will allow it to resume H20 AI chip sales to China

Nvidia says U.S. government will allow it to resume H20 AI chip sales to China

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Sarah Meyssonnier | Reuters Nvidia announced Tuesday that it hopes to resume sales of its H20 general processing units to clients in China, saying that the U.S. government had assured …

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Housing market is sending a stark warning to the U.S. economy, Moody’s economist says – MarketWatch

Housing market is sending a stark warning to the U.S. economy, Moody’s economist says  MarketWatch The Truth About Where Home Prices Are Heading  Keeping Current Matters The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says  Fortune Moody’s economist fires ‘red flare’ on housing market (XHB:NYSEARCA)  Seeking Alpha Housing Market Shows Signs of …

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Prime Day event drove over $24B in U.S. e-commerce sales, gen AI traffic was up 3,300%

Prime Day event drove over B in U.S. e-commerce sales, gen AI traffic was up 3,300%

Amazon’s Prime Day, which leads to an overall boost to U.S. e-commerce thanks to competitive sales, saw a significant increase in retail traffic driven by generative AI products, including chatbots and browsers. According to a post-Prime Day analysis by Adobe Analytics, gen AI traffic to U.S. retail sites increased by 3,300% year-over-year — which was more than the firm had …

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Panasonic Opens World’s Largest EV Battery Plant In The U.S.

Panasonic Opens World’s Largest EV Battery Plant In The U.S.

Panasonic opened its second battery plant in the U.S. on Monday. It’s located in De Soto, Kansas. Tesla is Panasonic’s largest customer, and local production will help protect the batteries from tariffs and global trade tensions. The 2170 cylindrical cells made in De Soto will have more energy capacity, the company claims. Tesla battery supplier Panasonic Energy on Monday inaugurated …

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E.U. Says Trump’s Threat of 30% Tariffs Would Hobble Trade With U.S. – The New York Times

E.U. Says Trump’s Threat of 30% Tariffs Would Hobble Trade With U.S.  The New York Times Trump’s 30% tariff letter leaves EU scrambling to bring U.S. on side  CNBC EU warns of ‘countermeasures’ after Trump announces 30 percent tariffs  The Hill EU warns that its trade with the US could be effectively wiped out if Trump follows through on his threat  CNN European trade …

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Why U.S. stocks and bonds have ‘healthy’ returns this year despite Trump’s tariff threats – MarketWatch

Why U.S. stocks and bonds have ‘healthy’ returns this year despite Trump’s tariff threats  MarketWatch The markets are betting against Trump on the assumption the Fed will rescue them if their call is wrong  Fortune Trump’s tariff threats are back. What should you do about your 401(k) and investments?  San Francisco Chronicle 3 tips for investors to navigate the market with tariff volatility …

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