Rising tariffs significantly increased iRobot's costs and pressured profit margins, contributing to the Roomba maker's ...
The Bank of Japan is set to raise interest rates on Friday to a three-decade high and pledge to keep hiking borrowing costs, ...
The holiday season sparks a significant increase in consumer spending. This year, Black Friday alone saw consumers shell out ...
Better weather and tariff pressures on the price of artificial trees are contributing to strong sales at the Christmas tree lot this year, Norman said. However, sales have been climbing in recent ...
Economic forecasts are difficult enough under normal circumstances. Global events, natural disasters, pandemics, and consumer whims can turn the most scientifically based prediction on its head at a ...
Along with the unpredictable tariffs, stubborn inflation and weak hiring have shaken consumer confidence in the US economy.
Bill LaFayette and Jeff Cope say these importers either shoulder the added cost or pass it on to consumers, who also will pay ...
It's been a year of conflicting signals and economic puzzles. Gross domestic product actually contracted by 0.6% for the first three months of 2025 but rose by 3.8% in the second half, helped by an ...
The current administration has imposed a baseline tariff rate of 10 percent on imports and additional reciprocal rates that result in an average effective rate of 18 to 19 percent.
Data show that nearly all automakers have been raising the fees they charge buyers to deliver vehicles to dealerships to ...
If saved by the Supreme Court, the tariffs are also expected to shrink the economy and cause inflation to spike.